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

To: j g cordes who wrote (33888)	8/30/2001 10:13:14 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69835

Jim, STLW management was not referring to any one specific company. They were asked about forward guidance and when pushed said they had a gut feeling storage would recover first since the amount of demand for online storage of EMAIL is not being reduced. They have not empirical data. From their 10K: Customers We sell our products primarily to optical communication OEMs and resellers.In some cases, we sell our products directly to contract manufacturers who, at the direction of our customers, incorporate them into products being assembled by these contract manufacturers for our customers. A small number of customers have historically accounted for a significant portion of our net sales. For the fiscal year ended April 30, 2001, our three largest customers and their respective contract manufacturers accounted for 32% of our net sales, with McData Corporation, Alcatel Network Systems and Cisco Systems accounting for 11%, 11% and 10% of our net sales, respectively. For the fiscal year ended April 30, 2000, our three largest customers and their respective contract manufacturers accounted for 44% of our net sales, with Cisco Systems, Nortel Networks and Alcatel Network Systems accounting for 26%, 10% and 8% of our net sales, respectively. For the fiscal year ended April 30, 1999, our three largest customers and their respective contract manufacturers accounted for 43% of our net sales, with Nortel Networks, Cisco Systems and Alcatel Network Systems accounting for 27%, 10% and 6% of our net sales, respectively.