True Jim, but the numbers alone don't tell the whole story. For the past several quarters
Bay's revenue has been in the 500-550 million range quarterly. But, until this quarter,
their profit margin had been falling. Bay's revenues include Hub sales (rapidly becoming a
commodity, low margin item), Router sales (Not exactly a commodity, but "out-of-fashion" item)
and switch sales (high-margin item, that Bay was a laggard in). The product transition that
BAY is involved with includes supplanting its position as a leader in Hubs & routers to include
other high-margin network products. I place particular emphasis on this House statement.
Customer acceptance for our new products helped us achieve a new record level of revenue
in the fourth quarter. Shipments of the BayStack 350T Autosense Switch, which we announced in April, significantly exceeded our expectations during the quarter," noted House. . More at :
pcquote.newsalert.com
This switch includes technology from a late '96 acquisition (NetICs). IMHO, this shows BAY is in a positive product transition mode and is able to respond to
the market by integrating technology from acqusitions fast. I will leave it you,
Judy, Michael Rich etc to pin down numbers.
Shivu
P.S. - Out of context - I work extensively with BAY equip in our WAN and IFMX our back end.
I started investing last year. I took all of my money (and much more) and put it in BAY, XICO,
OO, some IFMX. Of course, I didn't know diddly squat about TA then (not that I know a lot now)
and was too emotional about BAY. My equity was shredded because of margin calls and I owe
big-time in CC's. That is why I appreciate being in this thread the most - because you hear
& learn the right things (unemotional investing, TA, risk management, money management).
Hopefully, I will start investing for real again soon. |
