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Technology Stocks : Riverstone Networks (RSTN) -- Ignore unavailable to you. Want to Upgrade?

To: FNS who wrote (197)	2/28/2002 12:32:04 PM
From: Dave	Read Replies (1) \| Respond to of 290

Conference Call Notes Q4 Revenues 50-54M MGMT predicts breakeven, or slight loss, pro forma Q1 Revenues flat to slightly down MGMT saw european and us service provider weakness cariers more cautious with their spending Meto products still on track for latter half of year My Note: Perhaps, but now there is uncertainty Company needs to align cost structure with revenues 10% Cost savings in Q1 FY03 (did he mean 02?) 4Q Charges of 26-30M consisting of: - asset impairments - writedown of equity invenstments - discontinued product line cards - cast associated with work force reductions Company will continue to invest in R&D and Carrier Class Products My Note: Does this mean they will be cutting Sales and Marketing and/or General and ADministrative? MGMT is confident in LT opportunities that metro has to offer Carriers continue to deploy in metro for profits As CapEx increases, Metro will benefit.