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Technology Stocks : Vixel (vixl), a fibre channel company!

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To: Rupert who wrote (20)9/30/1999 10:52:00 PM
From: Mohan Marette  Read Replies (2) of 377
 
I like this layout better from S1 filings.



Financial Data -Vixel Corp

Financial Data

SUMMARY FINANCIAL DATA
(IN THOUSANDS, EXCEPT PER SHARE DATA)

FISCAL YEAR ENDED SIX MONTHS ENDED
------------------------------ ------------------
DEC. 29, DEC. 28, JAN. 3, JUNE 28, JULY 4,
1996 1997 1999 1998 1999
-------- -------- -------- -------- -------
(UNAUDITED)
STATEMENT OF OPERATIONS DATA:Revenue:
SAN systems................................ $ 163 $ 3,282 $ 13,389 $ 6,557 $10,806
Components and other....................... 6,778 19,501 26,056 14,677 11,253
-------- -------- -------- -------- -------
Total revenue................................ 6,941 22,783 39,445 21,234 22,059
Gross profit (loss).......................... (401) 3,736 3,246 4,502 6,386
Loss from operations......................... (17,260) (13,525) (29,560) (12,713) (8,974)
Net loss..................................... (17,652) (13,759) (21,233) (3,930) (9,856)
Basic and diluted net loss per share
(unaudited)................................ $ (10.32) $ (2.42)
Pro forma basic and diluted net loss per
share (unaudited).......................... $ (1.46) $ (.59)
Weighted-average shares outstanding.......... 2,075 4,113
Pro forma weighted-average shares outstanding
(unaudited)................................ 14,552 16,776

JULY 4, 1999
-----------------------
ACTUAL AS ADJUSTED
-------- -----------
(UNAUDITED)
BALANCE SHEET DATA:
Cash and cash equivalents.................... $ 595 $ 36,664
Investments.................................. 2,563 2,563
Working (deficit) capital.................... (8,037) 28,032
Total assets................................. 25,169 61,238
Long-term obligations and noncurrent
portion of capital leases.................. 12,223 10,223
Mandatorily redeemable preferred stock....... 20,101 --
Total stockholders' (deficit) equity......... (27,929) 30,241

SUMMARY FINANCIAL DATA
(IN THOUSANDS, EXCEPT PER SHARE DATA)

FISCAL YEAR ENDED SIX MONTHS ENDED
------------------------------ ------------------
DEC. 29, DEC. 28, JAN. 3, JUNE 28, JULY 4,
1996 1997 1999 1998 1999
-------- -------- -------- -------- -------
(UNAUDITED)
STATEMENT OF OPERATIONS DATA:Revenue:
SAN systems................................ $ 163 $ 3,282 $ 13,389 $ 6,557 $10,806
Components and other....................... 6,778 19,501 26,056 14,677 11,253
-------- -------- -------- -------- -------
Total revenue................................ 6,941 22,783 39,445 21,234 22,059
Gross profit (loss).......................... (401) 3,736 3,246 4,502 6,386
Loss from operations......................... (17,260) (13,525) (29,560) (12,713) (8,974)
Net loss..................................... (17,652) (13,759) (21,233) (3,930) (9,856)
Basic and diluted net loss per share
(unaudited)................................ $ (10.32) $ (2.42)
Pro forma basic and diluted net loss per
share (unaudited).......................... $ (1.46) $ (.59)
Weighted-average shares outstanding.......... 2,075 4,113
Pro forma weighted-average shares outstanding
(unaudited)................................ 14,552 16,776

JULY 4, 1999
-----------------------
ACTUAL AS ADJUSTED
-------- -----------
(UNAUDITED)
BALANCE SHEET DATA:
Cash and cash equivalents.................... $ 595 $ 36,664
Investments.................................. 2,563 2,563
Working (deficit) capital.................... (8,037) 28,032
Total assets................................. 25,169 61,238
Long-term obligations and noncurrent
portion of capital leases.................. 12,223 10,223
Mandatorily redeemable preferred stock....... 20,101 --
Total stockholders' (deficit) equity......... (27,929) 30,241

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