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Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT) -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (314)10/20/1999 6:31:00 PM
From: Paul Oberlin  Read Replies (2) | Respond to of 675
 
Just listened to CC. Sounded very positive, though I'm a LT investor, not a wall street trader. How the market reacts is a ? Some of the highlights:

- Bell South as customer. SBC announced $6 billion investment in DSL over next three years.

- AOL as cutomer. Sketchy details, but sounds very big.

- Sees margins improving to 46% over next year.

- Switch to new contract mfg reducing costs, improving margins.

- More demand for product than able to supply.

- 30% increase in engineering headcount to support new product development.

- Entry into Router business. Many customers want routers as well as DSL, EFNT wants to supply both. Routers higher revenue and profits.

That's all I can remember, if anyone else can add or correct, please do so!

Obe



To: $Mogul who wrote (314)10/20/1999 11:58:00 PM
From: Kelvin Taylor  Read Replies (1) | Respond to of 675
 
Loss of $0.25 vs estimated loss of $0.11. Huge missed mark.

Any disappointment is time for shorting. Both AOL and IBM punished in afterhours.