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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE] -- Ignore unavailable to you. Want to Upgrade?


To: uel_Dave who wrote (547)9/23/1999 12:47:00 AM
From: Glenn McDougall  Read Replies (1) | Respond to of 792
 
David, I wish to thank you for such a good job.

Nice to see the 47% growth in revenue.

Based on talks I had this evening at the Newbridge reception demand for larger, faster switches is exceeding expectations by all thus companies like CrossKeys are well positioned to do very well.

Regards
Glenn



To: uel_Dave who wrote (547)9/24/1999 4:56:00 PM
From: Francois Lavoie  Respond to of 792
 
Thank you David for your CC notes.

Too bad we're having a market correction just at the same time as the earnings release !
Anyway, this bodes well for the near term. For now, the growth rate should follow Newbridge's growth rate, and it
I would have expected the stock to jump to 8-9, but we never know what is going to hurt us in the back...
should accelerate as new channel sales start to show up.

Also, as sales ramp up, we should see a gross margin increase, which will be another bullish sign for the stock.

FWIW.