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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: voyagers_stocktips who wrote (32421)	5/24/2001 2:11:49 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 70281

Accumulated FIBR CC Notes from Ragingbull.com: Xin: outlook bright... more... Xin: future success. Dixon: optimistic. good quarter. margin improvement. today, first look at financial (Armstrong), then Dixon for a look at growth. Armstrong: revenue 14.5 million. Sorrento - 13.1 million. Merit - 1.4 million. Gross margin improves 6%. 34% vs. 32% in prior quarter. margins will continue to improve ... reductions in materials costs. Reduction in operating expenses ... get to profitability "sometime in the near future."" reduction in materials cost and operating expenses contrib to increase margin engineering expenses will rise next qtr but under controlled plan 5.7 mil net op loss, compared to 12 mil last qtr Mason is slowing down. new cust 4% (TERA?) 34, 20, percent largest 2 cust total 23 customers SLOWING OF THE BLOODLETTING ! Act rec up 2.6%? DSO 125 from 130? 33% reduction in net loss ... more solid operating plan in place. customers = shipped to 14 customers. One is new, which accounted for 4% of revenue ... this customer already ordering 9-10 times this amount in next quarter. 23 customers in total. cash has remained the same: 8.9 million to close quarter. negative cash will significantly improve. One new customer added ... hmmm could it be AT&T ... could we be the other 'unannounced' vendor? Top 5 customers for Q: ATT Cox DT Inrange UPC Primarily Gigamux and EPC and OC-192 carriers more interested now .... carriers pushing for speed and continuity. carriers coming back to us to evaluate "value consideration" of gigs. Dixon gave a reasonable explanation of why they missed Q1 rev prediction. Q2 should be excellent. Possibly profitable with their newly acquired handle on expenses and front end loaded with the skipped shipment of Q1? Just completed full week tour in NY. Presentations to a number of analysts and investors. Well received. Increasing recognition of who Sorrento is and business opportunity is pretty clear.