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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Johnny Canuck who wrote (36705)4/10/2002 5:04:50 AM
From: Johnny Canuck  Read Replies (1) of 67962
 
SONS CC overview:

Fairly positive call given market demand. Management suggesting they have won trials and that limited deployment typical begins 9 to 12 month afer. As a result they expect to exit the year a growing company.

Expect 10 mil per Q in burn.

Q2 guidance:

Rev flat to Q1
GM flat to Q1, long term target 52 to 58 percent
Op Ex down up to 2 percent
$200,000 in int income
no income tax, no provision either due to losses
one time charges flat to Q1, mostly due to lease they need to pay off
shares out 186 mil

DSO's currently 16 days vers 22 day Q-Q, expect 45 to 60 day long term

Expecting some trial activity on MSO's to begin as voice over cable starts to gain interest.

Seeing good expense control and good fiscal management. It was a call that suggested confidence.
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