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Technology Stocks : Foundry Networks, Inc. FDRY -- Ignore unavailable to you. Want to Upgrade?

To: mact who wrote (71)9/26/1999 2:01:00 PM
From: Neil H  Read Replies (1) | Respond to of 1225
 
FDRY Renaissance Cap IPO of the week

There is no question that our IPO of the week is going to be hot. The only question is how not will it be? As a frame of reference, one of Foundry's top competitors, Alteon WebSystems debuted last week and rocketed close to +300% on its first day. You may be wondering what it is about these companies that has Wall Street so excited. The simple answer is that their products help enterprises and Internet service providers better deal with network traffic. Not surprisingly, sales are growing unbelievably fast. Foundry booked more than $24 million in sales in its latest quarter, representing growth of over +900% from the same period last year. And unlike 90% of recent IPOs Foundry is actually profitable. While competition is growing, this is a top company with experienced management and phenomenal growth prospects.

Regards

Neil



To: mact who wrote (71)9/26/1999 2:58:00 PM
From: techstocker  Read Replies (1) | Respond to of 1225
 
mact-your right........this thread should be about FDRY and not about fighting with each other. I was immature and hypocritical on some of my posts. Do keep in mind I was the one attacked first with rude and other verbal posts. All I did was post about my opinions about the stock and where I think it's going(there should be nothing wrong in doing that)My apologies to you personally.


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