GI does have a DOCSIS modem, thus Motorola does.
Also, MOT buying GI, means its market share is now 44%.
CMTO market share at almost 10%, and number 3 on the list is impressive. Standards-based models will greatly increase and all that are named in the list have a standards-based solution. CMTO revenues have been pre-released
quote.bloomberg.com
showing revenues of >29M, compared with 25.3M and 21.5M the prior 2 quarters. This shows sequential growth of 14.6% this quarter vs. 17.7% last quarter. With DOCSIS certification achieved this quarter, CMTO should be able to achieve greater than 18% sequential growth going forward.
This extrapolates to about 90% annual revenue growth. Also, the CEO in the article says
Chief Executive Peter Fenner said in an interview yesterday that test results didn't affect business, and the company sold about 280,000 modems last year, more than triple 1998's figure. `We're up almost four times '98 (modem sales) and the market has doubled, so we're doing very well."
Here's some anaylsis on CMTO vs. TERN from a few days ago.
Price 22 vs 60
MCap .47B vs 1.3B
99Rev 85M vs 71M
98Rev 48M vs 32M
ProfMar -10% vs -71%
P/Sale 5.6 vs 19
P/Book 3.8 vs 6.6
Debt/eq 0 vs 0
Quarterly Revenue
CMTO 25.3 21.5 19.2 18.7 13.7
TERN 23.4 19.1 15.9 12.9 9.4 |
