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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: Jack Hartmann who wrote (2319)7/24/2000 12:39:50 PM
From: DukeCrow  Read Replies (3) of 3951
 
It was an impressive quarter, but a lot of that sequential revenue growth was through acquisitions. Because these acquisitions were accounted for as purchase transactions (I believe), prior revenue did not have to be consolidated on previous income statements. When used together with proforma numbers which don't include acquisition costs, purchase transactions can give the illusion of larger growth than that which really occured (pooling would not give this illusion).

Here are the Q1 Numbers of all the companies (I left out PIRI since only 3 weeks were used in the Q2 numbers):

SDL = $72,206
Veritech = $6,521
Queensgate = $ 2,461
Total = $ 81,188

Total Revenue for Q2 = $110,512

Sequential Growth = 36%

Great growth but not 53%.

Ali
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