SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (49586)12/20/2000 10:04:08 AM
From: chic_hearne  Respond to of 436258
 
To put the mania in context, Foundry Networks, who only does $110 million in revenue per quarter, misses revenues by about $10-20 million.

That $10-20 million revenue miss has lead to the Networkers losing about $50 BILLION in market cap today.

Of course it's not that simple and there's other issues at play for the networkers today, but you get the point how a few million dollar miss equals BILLIONS of market cap going to money heaven.

And this is with the Naz already halved. Much much lower to go IMHO.