SI
SI
discoversearch

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.
Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Rob C. who wrote (9797)2/23/1999 6:32:00 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 18016
 
50% revenue growth from 1999 to 2000...that woudn't suck.

No, it wouldn't, if they were making money. From the numbers posted in the news release it looks like the "net earnings" number is almost exactly the same size as the "net gain on investments" number. I assume the latter number is essentially proceeds from affiliate divestiture. That doesn't seem very sustainable.

If I'm not reading this correctly, I'd welcome guidance.