Netro Corp - (NTRO) Message Board

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Technology Stocks : Netro Corp - (NTRO)

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To: Junkyardawg who wrote (625)	1/27/2000 10:44:00 PM
From: Secret_Agent_Man	of 792

CC brief synopsis: revenues were above expectations and the writeoff was a one time charge and there are no further risks of writeoffs {$500K-for old Airstar 1.0 ayatem inventories and old Point2Point} going forward...without the charge we met expectations of (-.16) this could have been better except for the increase in personel and marketing. 381% increase in revenues over 1998 4th QTR 49% increase in revenues since 1999 3rd quarter yes now we have 40 deployments 8 are in commercial use. all 40 trials are expected to go to Full deployment and it is expected that we will add 2-3 service providers/qtr from here with each being at least 8-9 figures each.. we now have 80% of Diecasting in parts a huge cost savings going forward. 2/3 of shipments were@ 26Ghz=Europe and 1/3 10 Ghz=Latin America 28GHZ in alpha 2-3 more weeks then goes to beta.@ customer sites... Expect Sequential growth in gross profits and margins going forward. we are @ zero balance, this was a smart move to take the charge in the first qtr and have no writeoffs going forward...expect sales force to double to meet demand and ramp up now is 80% outsourced and will move to 100% in future. some Key accounts in Latin America which cant be named due to disclosure. looks like the street was waiting for the #'s but more importantly the level of revenue ramp up and whethewr or not there would be any further drag on earnings and there are NONE. expect cost savings and a significant Jump in revenues going forward... excluding charges we met expectations. revenues should go from 7.7 Mil to a minimum of 20Million next qtr that is a a minimum of 259% qtr/qtr growth in revenues. Gideon says we've proven our leadership in TDMA time and again...he would not discuss the "competition" except to say that they will try to bring to market products but, they are not on the same playing field... All shipments were PMP products we've completely transitioned out of PTP. and Airstar 1.0 as of last QTR! cheers

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