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Technology Stocks : F5 Networks, Inc. (FFIV) -- Ignore unavailable to you. Want to Upgrade?


To: Tony Wang who wrote (1180)7/26/2000 7:34:44 AM
From: Mao II  Read Replies (1) | Respond to of 1801
 
Tony: On the tax issue and earnings estimates (pulled from another thread):
To: nokomis who wrote (109607)
From: davidkarasick
Tuesday, Jul 25, 2000 7:10 PM ET
Reply # of 109632

FFIV beats street by 3 cents...........Chief Financial Officer Robert Chamberlain said this was the first
quarter the company recorded taxes on its results. Only three of six brokerage analysts who cover
F5 included taxes in their per-share earnings estimates, he said.

On average, those analysts forecast net income of 14 cents a share, Chamberlain said. The three
analysts who excluded taxes forecast 19 cents a share on average, and F5 earned 22 cents before
taxes, he said.

I have no position in FFIV at the moment, but this tax business is a nonissue -- except insofar as it presents a buying opportunity. M2