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Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT)

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To: djane who wrote (84)7/24/1999 9:22:00 AM
From: Mr. Miller  Read Replies (1) of 675
 
There has been some discussion about the revenues here, which I would hardly call "sloppy". In fact, they are growing quite nicely at an exponential, rather than geometric, rate. Here is a link to the quarterly record:
morningstar.net

Here are the revenues:
Quarter ended 6/98: $700,000.00
Quarter ended 9/98: $1,200,000.00 (71% growth quarter to quarter)
Quarter ended 12/98: $1,900,000.00 (58% growth quarter to quarter)
Quarter ended 3/99: $4,100,000.00 (116% growth quarter to quarter)

NOTE: The above link also shows year over year % increases for the above revenue figures. Just as impressive as quarter to quarter.

As well as CMTN, RBAK, and JNPR did, we should see similar
numbers for growth. Maybe $10 million this quarter? That would be more than a 1300% jump over last year. Sloppy? I think not. Those partnerships are paying off, and will continue to do so. With only 4 million in the float, the volatility will continue.

Since June represents the end of the fiscal year, we are probably
waiting for the year ended report which takes a little longer to push out.
It should be anytime though.

Miller
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