Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Big who wrote (71235)	11/12/1999 11:51:00 PM
From: kha vu	Read Replies (1) \| Respond to of 120523

SMRA: <<<September 10, 1999 SOMERA COMMUNICATIONS INC (SMRA) S-1 Filing (SEC form S1) We provide telecommunications carriers with a broad range of infrastructure equipment and related services designed to meet their specific and changing equipment needs. We offer our customers a unique combination of new, de- installed and refurbished equipment from a variety of manufacturers, allowing them to make multi-vendor purchases from a single, cost-effective source. To further address our customers' dynamic equipment needs, we offer a suite of customized, value-added services, including asset recovery, inventory management, technical support and other ancillary services. We sell equipment to over 750 customers, including leading carriers such as ALLTEL Corporation, AT&T Corporation, McLeodUSA, Inc., Sprint Corporation, United States Cellular Corp. and Vodafone AirTouch plc. For the twelve months ended June 30, 1999, we had net revenue of $90.6 million, gross profit of $34.5 million and net income of $20.7 million. The telecommunications infrastructure equipment market has experienced tremendous growth in recent years. Dataquest projects that worldwide sales of telecommunications infrastructure equipment will grow from $180 billion in 1998 to $230 billion in 2002. Telecommunications carriers are facing a number of challenges, including increased competition, the need to rapidly expand service offerings, increased demand for communications services and technology advancements. These challenges are having a significant impact on carriers' equipment and service needs. Carriers have invested hundreds of billions of dollars in telecommunications network infrastructure. To maximize the value of their investments, carriers are expanding and upgrading their existing networks and utilizing existing and new technologies and equipment from multiple vendors. In addition, carriers are seeking cost-effective ways to expand and maintain existing elements of their networks based on mature technologies. A significant portion of the equipment replaced by carriers, referred to as de- installed equipment, is suitable for redeployment in other parts of a carrier's network. While historically carriers may have scrapped de-installed equipment or let it remain idle, competitive factors increasingly require carriers to recapture a portion of their original investment. As they attempt to respond to their changing equipment and service needs, carriers are discovering that traditional equipment suppliers, including original equipment manufacturers, or OEMs, distributors and niche secondary market dealers are unable to fulfill their complex and changing equipment needs. Our innovative equipment and service offerings are delivered through our team of 75 sales and procurement professionals, who work individually with carriers to understand, anticipate and meet their ongoing equipment requirements. Our sales teams utilize our relationship management database, our selective inventory and our distribution center to provide our customers with rapidly deployable equipment solutions. The key benefits of our solution include: . Broad Multi-vendor Equipment Offering. We provide customers with an effective alternative to traditional telecommunications equipment supply channels by offering a broad range of new, de-installed and refurbished equipment from a variety of manufacturers. We offer infrastructure equipment, including switching, transmission, access, wireless, microwave and power products. . Rapid Responsiveness to Dynamic Customer Needs. We provide carriers with convenient access to our skilled and dedicated sales and service professionals who are capable of quickly identifying and responding to their diverse equipment needs. We are able to quickly locate and provide equipment to carriers by using our relationship management database and maintaining selective inventory. . Flexible Asset Recovery Programs. We provide innovative and effective asset recovery programs that enable carriers to cost-effectively build, upgrade and maintain their networks and to recapture value from their excess and de-installed equipment. . Simplified, Value-added Materials Management Services. We provide carriers with a full range of value-added services, including technical, materials management and other network deployment services that simplifies the management of their equipment inventory and allows them to focus more on their core business. Our objective is to be the premier provider of telecommunications infrastructure equipment and related services to carriers worldwide. Key elements of our strategy include: . Expanding our penetration of the telecommunications carrier market; . Expanding our product lines and service capabilities; . Increasing our penetration into the regional bell operating companies, or RBOCs; . Pursuing opportunities for international growth; and . Pursuing selective acquisitions. >>>>>>>>>>>