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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (763)3/26/2000 3:41:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 779
 
More on Efficient Networks (EFNT)

Last 4 Q's revenue:
26.4 Mil (116% sequential growth)
12.2 Mil (58%)
7.4 Mil (87%)
4.1 Mil (122% sequential growth)

***************************

From Briefing.com
15-Mar-00

Efficient Ntwrks (EFNT) 141 1/16: CSFB raises Q3 (March) revenue estimates from $40.6 mln to $50.3 mln. Expect expediting charges could add to costs as could aggressive marketing, hiring and promotional efforts; consequently our Q3 loss declines to $0.04 from $0.05 cents. Q3 unit volumes could reach close to 300K, up from 150K in the prior quarter.

So this means the original target was for (40.6-26.4)/26.4 = 54% sequential growth ... which is impressive in itself at these levels, but has now increased to (50.3-26.4)/26.4 = 91% sequential growth. With a 50M Q, that would put EFNT at a 50*4 = 200M annualized revenue rate.

Market cap currently near 9 Billion ($170), and had fallen to mid $130s during the recent correction (roughly 7 Billion)