MTIC - Is this the next EMC? Message Board

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Technology Stocks : MTIC - Is this the next EMC?

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To: Ocean_Joe who wrote (3683)	5/24/2000 9:50:00 AM
From: J Fieb	Read Replies (2) of 3748

MTIC came in today. NOt much top line growth. Here's the silver lining..... -- Revenue from the Vivant product family was $23.9 million for the fourth quarter, an increase of 42 percent over the third quarter. -- Revenue from the Vivant product family was $67.7 million for the full fiscal year, up from essentially zero the preceding fiscal year. -- Sales of the Company's SAN software products more than doubled quarter-over-quarter, slightly exceeding $1.0 million. -- As a result of larger configurations being sold and the increase in software content, the average selling price per Vivant unit was approximately $217,000, up from $151,000 in the third quarter, and the third consecutive quarterly increase.

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