That's my take too. This is what impressed me. >Net sales for the second quarter of 2001 were $134,781,000, compared with $121,683,000 for the second quarter of 2000. The company recorded second quarter 2001 net income of $6,974,000, or 59 cents per share, compared with second quarter 2000 net income of $2,826,000, or 22 cents per share.
Net sales for the six months ended June 30, 2001 were $268,376,000, compared with $250,919,000 in 2000. Net income for the six months ended June 30, 2001 was $14,821,000, or $1.25 per share, compared with $10,285,000, or 81 cents per share, in 2000. Btw Keep your eye on videoconferencing. It seems one of the bright spots that might buck the trend. >"Often times it's necessary and appropriate to communicate with their key audiences," said Scott McGaugh, executive vice president of matthews/mark, a San Diego public-relations and advertising firm.
The New York Times on Wednesday featured a full-page ad heralding a worldwide videoconferencing network called "Video Relief" to help people connect with each other via a free service. PictureTel and Polycom, two videoconferencing companies, were the sponsors of the service. Since the attacks have dissuaded many people from business travel, companies have turned to videoconferencing, making it one the few bright spots in the otherwise down market.
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