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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 276.57+2.0%Feb 6 9:30 AM EST

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To: KM who wrote (643)1/27/2000 10:48:00 AM
From: Andrew Danielson  Read Replies (2) of 1801
 
So, let me get this straight: People are selling FFIV because management offers some boiler-plate reference to "unsustainable" growth rates? Huh?

What I would like to know is, who out there actually thought this company could go on growing revenues at a 700% annualized rate?

The valuation metrics I use produce some very attractive numbers for FFIV, and I put in a short-term sustainable growth rate in the 150-200% range. If I even tried to plug in 700%, my computer would crash. ;-)

So I guess this stock had some astonishingly weak hands holding it, which makes this shakeout perhaps an important step before we can head higher again.

Andrew Danielson
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