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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (92420)	4/10/2001 4:49:29 PM
From: yard_man	Respond to of 436258

oops -- Les, I misread the headline and thought they had a postive net -- so why are they buying it after-hours?

To: Les H who wrote (92420)	4/10/2001 4:49:55 PM
From: mishedlo	Read Replies (4) \| Respond to of 436258

Yes indded Les, very Gratifying I might add Net loss for the first quarter, including stock-based compensation, amortization of goodwill and purchased intangibles and an in-process research and development charge, was $82.5 million or $0.51 per share, compared with a net loss of $6.3 million or $0.04 per share for the fourth quarter of fiscal 2000. ``We are extremely gratified with our results this quarter,'' said Hassan Ahmed, president and CEO, Sonus Networks. ``During the quarter, we continued to execute on our business strategy and have made significant progress across several fronts. We expanded our customer base, delivered new product capabilities and features, broadened our partner program and have made great strides in the integration of telecom technologies following the completion of the acquisition in January. We're off to a great start this year.''