Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (44254)	12/28/2000 9:29:15 AM
From: vagabond	Respond to of 57584

FFIV warns!... ===================== Thursday December 28, 9:12 am Eastern Time F5 Networks, Inc. Revises Fiscal Q1 Revenue and Earnings Lower Than Expected Sales Due to Slowdown in Internet Infrastructure Spending Cited SEATTLE--(BUSINESS WIRE)--Dec. 28, 2000--F5 Networks, Inc. (Nasdaq:FFIV - news), the leading provider of Internet Traffic and Content Management (iTCM) products, announced that revenue and earnings for its first quarter ending December 31, 2000, would be below market expectations. Revenue for the first quarter is now expected to be in the range of $24 million to $26 million. A loss before taxes of approximately $0.48 to $0.50 per share, exclusive of restructuring charges, is expected. Actual results for the quarter ending December 31, 2000 will be reported in the company's regular quarterly earnings release. At that time the Company will also revise fiscal year 2001 guidance on revenues and earnings. John McAdam, President and CEO, F5 Networks, Inc., said, ``Sales in the current quarter have trailed our expectations mainly due to the slowdown in purchasing of infrastructure related equipment. Market conditions in North America have softened rapidly, but we are confident that our ability to compete in the Internet Traffic Management and Content Delivery market will remain strong.'' A conference call is scheduled today for 1:00 pm PST. Details for accessing the call will be available on the Company's website, www.f5.com. About F5 Networks F5 Networks is the leader in Internet Traffic and Content Management (iTCM). Our award winning integrated suite of high-performance best of breed products provides an end-to-end solution for automatically and intelligently managing Internet content and traffic -- globally. Our products remove bandwidth congestion and optimize the availability and speed of mission-critical Internet servers and applications, including web publishing, content delivery, e-commerce, caching, firewalls and more. F5 Networks helps companies avoid the risk of being burdened with ill-performing networks that do not meet end user expectations, while enabling network administrators to better control and predict the performance of their e-Business infrastructure. Our products are widely deployed in large enterprises, the top service providers, financial institutions, government agencies, healthcare, and portals throughout the world. The company is headquartered in Seattle, Washington, and has offices throughout North America, Europe and Asia Pacific. F5 Networks is located on the web at www.f5.com.

To: Rande Is who wrote (44254)	12/28/2000 9:35:33 AM
From: moufassa7	Read Replies (1) \| Respond to of 57584

Buying several techs @ open. Market should not drop much lower. If 2490 breaks I'm out.

To: Rande Is who wrote (44254)	12/28/2000 9:43:44 AM
From: Rande Is	Read Replies (4) \| Respond to of 57584

ALERT: Remember Orchid? Looks like it is getting a dose of Holidility today. I am too busy with other things today to attend to daytrading. But that is one place I'd be looking today. RNWK is another. Look at our Holidility list for other possible plays. Remember CATP? Remember HLTH? MAXM? ADAP? JNIC? WITC?? Can you spell H-O-L-I-D-I-L-I-T-Y? BLUE looks toppy and tired at 17 1/8. . . good place for profits, in my opinion. PROFITOFTEN!!! Rande Is

To: Rande Is who wrote (44254)	12/28/2000 10:59:44 AM
From: bobkansas	Read Replies (1) \| Respond to of 57584

Hi Rande! Best holiday wishes to you and your wonderful family. As to your post...I understand your thoughts on shorts having to cover and therefore such helps to push the market up. What I do not understand is why you think money will rush into the market from the sidelines next month. What reason or reasons would there be for new money to pour into the market? Doesn't the market ALREADY HAVE expected rate cuts by the Fed built into existing share prices? Isn't high valuations among some tech companies still a problem? Also, with fears of a recession in people's mind...who is going to want to jump into the market NOW? Your thoughts would be greatly appreciated. Best regards, Bob