Network Appliance Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Network Appliance

NTAP 105.39

-0.2%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Miguel Octavio who wrote ()	3/14/2000 1:06:00 PM
From: pirate_200	Read Replies (2) of 10934

Today's problem: biz.yahoo.com "``This year, we are going to end the year at over $500 million, up about 80 percent year-on-year,' Network chief executive Dan Warmenhoven told reporters after a signing a deal in the Malaysian capital." The problem: last year revenues were $289M. So far this year, NetApp has booked $379.3M. If you figure 80% this fiscal year from last ($289M x .80 = $231M), you get a target of $520M this year ($289M + $231M = $520M). If you subtract what NetApp has booked this year, you get a last quarter of $141M ($520M - $379M = $141M). Since Q3 was $151M, this is obviously a break in the revenue acceleration. Compare $141M to $90M Q4 of last year and you get 57% year-to-year growth rate in Q4. Not good. Hopefully, something was lost in the translation with the press in Malayasia or maybe I'm missing something.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next