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Technology Stocks : Riverstone Networks (RSTN)
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To: Adam Nash who started this subject2/28/2002 12:51:28 PM
From: Dave   of 290
 
Guys, there was a question by Mark Sue of Frost Securities. He stated that this was a relatively large miss, ~ 15M, and asked whether there were large contracts displaced due to timing or were contracts cancelled.

The CFO responded and said that in Feb it was clear that US/Europe markets were having a falloff of orders (then he quickly restated and said revenues). it appears that the 2nd half of Feb was quite ugly.

I am approximately 11mins into the CC.
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