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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

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To: Charlie Smith who wrote (704)1/25/2000 8:54:00 PM
From: Doug (Htfd,CT)  Read Replies (1) of 1013
 
>Bankers will have to be dragged, kicking and screaming, into the 21st century.<

Looking at SONE's quarterly numbers from November's report, revenue growth doesn't reflect much reluctance on the part of customers.

Comparing the quarter ending 9/98 to that ending 9/99:
Software licenses:.$1.1 million to $2.3 million
Prof'l services:...$3.7 MM to $14.8 MM
Data Center:.......$0.9 MM to $2.1 MM
Other:.............$0.8 MM to $5.7 MM
Total revenues:....$6.5 MM to $24.8 MM
Gross margin:......$1.8 MM to $9.6 MM

Source: biz.yahoo.com

I don't see lots of "kicking and screaming" in quadrupling of revenues and quintupling of gross margins over a twelve-month period. Don't the figures indicate fairly rapid adoption of SONE's solutions by SONE's customers?

Doug
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