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Technology Stocks : Riverstone Networks (RSTN)
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To: GraceZ who wrote (71)6/20/2001 4:59:12 PM
From: GraceZ  Read Replies (1) of 290
 
Good report. Their gross profit went from 53% to 56% while growing revs 180% and they managed to shrink the percentage of operating expenses to revenue, while keeping a lid on receivables, payables and inventories.

I like this part:

"While many segments of the global communications market have softened, we continue to see healthy demand from carriers for equipment that allows them to fully leverage their already substantial network investments and increase returns. Riverstone's ability to help carriers convert raw bandwidth into profitable services over next-generation and existing networks positions us well both for today's environment and for the future," added Pereira.
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