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


To: vagabond who wrote (97904)4/17/2000 3:16:00 PM
From: puborectalis  Read Replies (2) | Respond to of 108040
 
scmr.....'Sycamore has grown remarkably fast, considering that it reported no revenue in 1998 and reported revenue of $29 million in the 2nd quarter of the company's first fiscal year, ending January 29, 2000. Those results represent sequential quarterly growth of 49 percent over the $19.5 million reported in first fiscal quarter of 2000. The company also reported its first profit in the 2nd quarter and is on track for more than a $100-million year in fiscal 2000. You would be hard pressed to find another technology company that went from whiteboard to profitability in under 2 years..'

'Sycamore has grown remarkably fast, considering that it reported no revenue in 1998 and reported revenue of $29 million in the 2nd quarter of the company's first fiscal year, ending January 29, 2000. Those results represent sequential quarterly growth of 49 percent over the $19.5 million reported in first fiscal quarter of 2000. The company also reported its first profit in the 2nd quarter and is on track for more than a $100-million year in fiscal 2000. You would be hard pressed to find another technology company that went from whiteboard to profitability in under 2 years..'