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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: Ocean_Joe who wrote (3683)5/24/2000 9:50:00 AM
From: J Fieb  Read Replies (2) | Respond to of 3748
 
MTIC came in today. NOt much top line growth. Here's the silver lining.....

-- Revenue from the Vivant product family was $23.9 million for the
fourth quarter, an increase of 42 percent over the third quarter.

-- Revenue from the Vivant product family was $67.7 million for the
full fiscal year, up from essentially zero the preceding fiscal
year.

-- Sales of the Company's SAN software products more than doubled
quarter-over-quarter, slightly exceeding $1.0 million.

-- As a result of larger configurations being sold and the increase
in software content, the average selling price per Vivant unit
was approximately $217,000, up from $151,000 in the third
quarter, and the third consecutive quarterly increase.



To: Ocean_Joe who wrote (3683)5/24/2000 4:20:00 PM
From: John Ritter  Read Replies (2) | Respond to of 3748
 
I'm in MTIC, looks like a burp in earnings, good entry at $7 3/4 IMHO, especially in this market, maybe this is the bottom today for MTIC anyway.