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Technology Stocks : Next Level Communications Inc. (NXTV) -- Ignore unavailable to you. Want to Upgrade?


To: Rob Pierce who wrote (106)10/30/2000 11:07:44 PM
From: Rob Pierce  Read Replies (1) | Respond to of 131
 
NXTV beats analyst expectations: -0.12/-0.16 vs. -0.17

siliconinvestor.com

-0.16 includes amortization of goodwill related to
acquisitions, and payroll taxes pertaining to the exercise
of employee stock options.

"Demand for our advanced broadband DSL technology is
rapidly increasing, and our customer base continues to grow
and diversify, now including a total of 76 ILEC, IOC, RBOC,
international and cable companies -- up from 27 at the
beginning of this year," said Pete Keeler, chairman and
chief executive officer of Next Level. "We are also extremely
pleased with the continuing improvement in our operations
and cost-reduction initiatives, which resulted in significant
improvement in our gross margins for the quarter."


RP