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Strategies & Market Trends : Angels of Alchemy

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To: 2MAR$ who wrote (317)	5/26/2000 5:40:00 AM
From: 2MAR$	Read Replies (1) of 24256

DITC....Ditech Communications Announces Record Q4 Revenues and Year-End Earnings Fiscal 2000 Revenues Increase 360% Over 1999 MOUNTAIN VIEW, Calif., May 25 /PRNewswire/ -- Ditech Communications Corporation (Nasdaq: DITC - news) today reported its fourth quarter and annual results for its fiscal year ended April 30, 2000. Ditech Communications closed its fiscal year with revenue of $116.9 million, an increase of 360% over revenues of $25.4 million from the previous year. Revenues for the fourth quarter ended April 30, 2000 were $46.8 million, up 537% over revenues of $7.3 million in the same quarter last year. This quarter's results were a record for the company and mark the 10th consecutive quarter of revenue growth. if this one sells off....might as well set fire to the ship! Should get a little resilience in the mrkt towards the eod...but any "event" can mark the start of a trend, as did GSCO's downgrade did yesterday pm...

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