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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Triffin who wrote (22614)	11/3/1999 10:59:00 AM
From: Jim B	Respond to of 108040

WOW.. thx for that comparison.. okay I'm convinced.. much smaller float.. MUCH MUCH smaller market cap... thank you sir ;) INPH now 29 5/8 ; definately will see the 30s tomorrow if not today ; especially if volume can spark up and gain some attention from some of the media outlets tonight jim

To: Triffin who wrote (22614)	11/3/1999 11:08:00 AM
From: Dotty	Read Replies (2) \| Respond to of 108040

INPH-Fibre Channel Revenues Grow 368% Interphase Corp Reports Record Revenues & Earnings for 3rd Q of 1999; Fibre Channel Revenues Grow 368% DALLAS--(BUSINESS WIRE)--Oct. 21, 1999--Interphase Corporation (Nasdaq:INPH) today reported operating results for the third quarter of 1999, which included a 20-percent increase in revenues and a 77-percent increase in net income compared with the third quarter of 1998. For the quarter ended Sept. 30, 1999, Interphase reported revenues of $20.5 million, compared with revenues of $17.0 million for the third quarter of 1998, representing a 20-percent increase. The company recorded net income of $1.3 million, or $.20 per share, during the third quarter of 1999, compared with net income of $723,000, or 13 per share, for the quarter ended Sept. 30, 1998. Net income for the quarter increased 77 percent, and per-share earnings increased 54 percent. For the nine months ended Sept. 30, 1999, Interphase recorded revenues of $55.3 million, compared with revenues of $50.7 million during the first nine months of 1998. The company reported net income of $2.2 million, or $.37 per share, for the nine-month period during 1999, a nine percent increase compared with net income of $1.9 million, or $.34 per share, for the first nine months of 1998. According to Gregory B. Kalush, president and chief executive officer of Interphase, results for the third quarter set company records for quarterly revenues and earnings. He said the company continues to perform well, with particularly strong performance from the Fibre Channel product line. Third-quarter Fibre Channel revenues increased 368 percent compared with the third quarter of 1998, grew 78 percent sequentially from the second quarter of this year, and have moved Interphase into the number-two spot in Fibre Channel revenues among companies specializing in Fibre Channel host bus adapters. "I am pleased to announce that Interphase achieved historic levels of performance during the third quarter in virtually every measure of operating success," Kalush said. "Our results during the quarter demonstrate that Interphase is extremely well positioned within some of the fastest growing markets of the computer networking industry today." During the third quarter, Interphase also announced the divestiture of Zirca Corporation, a wholly owned subsidiary of Interphase involved in the voice-over-IP telephony services market. This transaction was finalized on Sept. 27, 1999, completing Interphase's planned exit from the voice-over-IP market. Earlier in the year, Interphase announced that it had completed the divestiture of QuesCom, a second subsidiary in the voice-over-IP market. Kalush said Interphase has intensified its management focus, engineering and financial resources on the high-growth product categories represented by Fibre Channel, high-performance networking for telecommunications servers, and targeted segments of the wide area networking market. "I am particularly enthusiastic about the future opportunities we see within the Fibre Channel market, which is growing exponentially and has emerged as a significant revenue and earnings generator for our company," Kalush said. "Interphase holds a strong competitive advantage in the market for high-performance network connectivity solutions. As we enter the year 2000, we're confident that our high-performance product portfolio and focused business plan will enable Interphase to create an even stronger position in these markets."