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To: SirRealist who wrote (14)	6/9/2000 1:20:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 80

(DOW JONES) DJN: DJ Efficient Networks Chmn Sees Profitability In September DJN: DJ Efficient Networks Chmn Sees Profitability In September BARCELONA (Dow Jones)--Efficient Networks Inc. (EFNT) said Friday it expects to be profitable in the quarter ending in September. "The analysts have us in the September quarter operationally profitable before deferred compensation and goodwill," Efficient Networks' chairman Mark Floyd told Dow Jones Newswires. He was speaking on the sidelines of a convertible-bond conference sponsored by Credit Suisse First Boston. Efficient Networks, which makes high-speed digital subscriber-line equipment, recently called off a $905 million deal to buy privately held Web-security developer NetScreen Technologies Inc. "(NetScreen's) business model is moving up toward the back end of the network which we don't play in," Floyd said. Instead of an acquisition plan, Efficient Networks will license NetScreen's DSL equipment and security services, such as firewalls, which allow secure Internet connections. "I get the license and technology I need without spending 5.2 million shares to acquire it," Floyd said. He also said Efficient Networks will continue to look for buying opportunities in the marketplace. Efficient, in May, bought Network Telesystems, a provider of broadband client services software, for 400,000 shares of Efficient stock, or about $19.4 million. Efficient Networks has posted a 93% sequential growth rate for the last six quarters, and in the six months to June 30 the company posted $80 million in revenue, Floyd said. Efficient Networks' biggest client is SBC Communications Inc. (SBC) and also works closely with Spain's Telefonica SA (TEF). "We work not only with Telefonica in Spain but also in their input in Central and South America," Floyd said. "We sell mainly to phone companies worldwide." -By Keith Huang; Dow Jones Newswires; 34.629.201.456 -keith.huang@dowjones.com (END) DOW JONES NEWS 06-09-00 01:17 PM * end of story *