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To: djane who wrote (49903)7/14/1998 5:30:00 PM
From: Father E.  Respond to of 61433
 
Ashby said there is <<normal seasonality>> seq. means squat.



To: djane who wrote (49903)7/14/1998 5:39:00 PM
From: Dennis R. Duke  Respond to of 61433
 
Yup, they put some away with the unable to ship sold product from the Enterprise Access group. Michael says that is not a trend and these line which was down 31.5.

Michael gave guidance of .31 and .34 for the next two quarters and for a full year $1.20 for FY 98 and mid 30% grow in FY 99. The sales forecast are $1.4 and $1.9 billion respectively for FY 98 and 99. (I got what I expected! Clear guidance "to the penny" as said by the first questioner.) EPS for FY99 $1.60, with operating income improving by 1% from 25% to 26% in FY99.

This is wonderful, Dennis



To: djane who wrote (49903)7/14/1998 5:53:00 PM
From: Father E.  Read Replies (3) | Respond to of 61433
 
there was some stuff going on with the deferred revenue. Another simple reason why sequential sales growth means nothing. Do you thing the guy at Robertson will lower his rating? Did not sound excited.


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