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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 238.67-0.9%Nov 11 3:59 PM EST

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To: hamsandwich who wrote (1173)7/25/2000 5:08:03 PM
From: hamsandwich  Read Replies (1) of 1801
 
Alright. So my last post wasn't the kindest or the most appropriate. I just got a bit hacked off at the dtong "See, I was right" messages. Although I could edit it now, I'll leave it hanging out there. My apologies to anyone I have offended (including you dtong).

With the selloff of shares in the last week, it is clear that someone had an idea that FFIV was going to miss. Its too bad that we little guys didn't get that info (I blame myself for not reading the writing on the wall as ATON and others ran, while FFIV sat still). I expect a test, probably unsuccessful, of the previous lows (barring someone on the street taking an interest in a stock that is profitable and showing 24% QoQ growth and 412% YoY growth).

207.61.23.98

BWDIK,

hs
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Net revenue for the third quarter of fiscal 2000 totaled $29.2 million, up 284 percent from $7.6 million in the prior year third quarter, and up 24 percent sequentially from the second quarter. For the fiscal year to date, net revenue totaled $72.0 million, up 412 percent from the first nine months of fiscal 1999. Net revenue growth was driven by increased sales of all of the company's products, to both new and existing customers, and by a significant increase in sales internationally.

The Fiscal 2000 third quarter was F5's fourth consecutive quarter of profitability. As a result, F5 began recording income taxes in the current quarter. Net income was $3.8 million, or $.17 per diluted share, in the third quarter of fiscal 2000 compared to a loss of $(1.5) million, or $(0.15) per share, in the prior-year third quarter. Net income for the first nine months of fiscal 2000 totaled $12.2 million, or $0.53 per diluted share, compared to a net loss of $(6.7) million, or $(0.88) per diluted share in the prior-year same period.
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