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Technology Stocks : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?


To: Roadkill who wrote (1760)6/3/1998 8:38:00 AM
From: Bulldozer  Read Replies (1) | Respond to of 3818
 
Roadkill - thank you.



To: Roadkill who wrote (1760)6/3/1998 8:40:00 AM
From: Billy Joe  Respond to of 3818
 
Check out NN earnings announcement...

10 record qtrs of ATM rev growth...

It's just one of many customers, but direction is important.

From announcement:
"Packet-based product revenue was driven by double-digit percentage growth on a sequential basis and
record revenue for wide area network (WAN) packet products. Both frame relay and ATM - including the
VIVID(tm) switched routing solution - achieved strong growth in revenue. WAN ATM revenue in the fourth
quarter of fiscal 1998 - led by the Company's flagship platform and the industry's best selling ATM system,
the MainStreetXpress(tm) 36170 Multiservices Switch - was more than double the level achieved in the
previous year's fourth quarter. WAN packet revenue for fiscal 1998 was approximately 70 percent higher
than in fiscal 1997.

Revenue for the MainStreetXpress 36170 Multiservices Switch achieved record levels again in the quarter
and for the full year, resulting in record ATM revenue for both the quarter and the year. This was the tenth
consecutive record quarter of ATM revenue, coinciding with volume commercial availability of the
MainStreetXpress 36170 platform. Fiscal 1998 revenue and order intake for the MainStreetXpress 36170
system were both approximately three times higher than in fiscal 1997. "