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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 260.41-0.1%Dec 23 3:59 PM EST

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To: Naggrachi who wrote (1064)6/8/2000 11:15:00 PM
From: Michael Kim   of 1801
 
<<overseas sales were around 10%>>

Well, that's just the answer I was hoping for. I think that the domestic market will begin delivering diminishing sales growth as the industry approaches the shake out phase. Hopefully, F5 has a solid upgrade path lined up. But before the internet market grows much, I think it'll have to shrink some. I mean, how many online petstores do we really need?

However, the growth overseas will be very strong, esp. in countries like China and Europe. London does seem to be a hotspot of activity for iEurope. As long as F5 has a solid and aggressive sales strategy overseas (both euro and Asia), then we can be assured of continued revenue growth and (dare I say it?) earnings surprises! :)
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