F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 225.92

+0.9%

Nov 20 3:59 PM EST

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To: James Calladine who wrote (793)	4/26/2000 10:39:00 AM
From: Susan Saline	Read Replies (3) of 1801

I don't understand why is this so sold off? They met analysts expectations? so why is it down so? have never chased it up ... but followed since inception took entry this morning at 31 1/2 will hold with stop loss am happy for it allowing entry but am sure others are very upset if owning at higher prices >>>>>> Net income was $4.1 million, or $.18 per diluted share, in the second quarter of fiscal 2000 compared to a loss of $(3.0) million, or $(0.45) per share, in the prior-year second quarter. For the fiscal year to date, net revenue totaled $42.8 million, up 562 percent from the first six months of fiscal 1999. Net income for the first six months of fiscal 2000 totaled $8.4 million, or $0.36 per diluted share, compared to $(5.2) million, or $(0.82) per diluted share in the prior-year same period. ``Sales growth momentum and strong margins have enabled F5 to sustain profitability despite a continuing ramp-up in infrastructure to support our growth,'' added Mr. Hussey. ``We expect that F5 will deliver sequential quarterly sales growth in the low to mid teens, and continue to post profits and positive cash flow in the second half of fiscal 2000.'' <<<<<<

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