DMC Stratex Networks - TOP Aktie! - 500 Beiträge pro Seite

[_Frank_]

DMC ehemals Digital Microwave hat heute überzeugende Zahlen veröffentlicht. Das Unternehmen ist führend im Bereich Richtfunkstrecken bis 155 MBit/s und durch die NASDAQ Korrektur der letzten Monate momentan günstig zu haben. Das 2001er KGV liegt bei ca. 30, ausgesprochen günstig für einen führenden Hersteller von Netzwerkhardware.
DMC hat vor, auch in den nächsten Jahren kräftig zu wachsen. Die durchschnittl. Gewinnwachstumsraten werden auf 40% / Jahr geschätzt. Ottmar Weber (Börse online) hat die Akie mit einem KZ von 60$ bis April 2001 zum Kauf empfohlen. Aktueller Kurs: 23$
WKN 873508 DMIC

Schönen Gruß
Frank

August 11, 2000

DMC STRATEX NETWORKS INC
(DMIC)

Quarterly Report (SEC form 10-Q)

- MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

In May 2000 Sam Smookler replaced Charles Kissner as Chief Executive Officer of the Company and was named to the Board
of Directors, which was increased to eight members. Mr. Kissner continues to serve as the Chairman of the Board. Mr.
Smookler, who formerly held the title of President and Chief Operating Officer, is now the President and Chief Executive Officer.

The following table sets forth the percentage relationships of certain items from the Company`s Condensed Consolidated
Statements of Operations as percentages of net sales:

Three Months Ended

JUNE 30
-------
2000 1999
---- ----
Net sales 100.0 % 100.0 %
Cost of sales 64.8 72.5
Inventory valuation charges - -
-------------- ---------------
Gross profit 35.2 27.5

Research & development 7.3 8.7
Selling, general & administrative 16.8 17.5
Restructuring costs - -
-------------- ---------------

Operating income 11.1 1.3

Other income (expense), net 1.2 (1.0)
-------------- ---------------

Income before provision for income taxes 12.3 0.3

Provision for income taxes 1.9 0.1
-------------- ---------------

Net income 10.4 % 0.2 %
============== ===============


NET SALES
Net sales for the first quarter of Fiscal 2001 increased to $86.7 million, compared to $66.0 million reported in the same quarter of
Fiscal 2000 due to increased customer demand. Altium product line net sales increased significantly to $23.8 million in the first
quarter of Fiscal 2001, from $5.2 million in the comparable first quarter of Fiscal 2000, and the XP4 product line net sales
increased to $16.7 million from $13.1 million. These increases were partially offset by a $4.9 million decrease in Spectrum II net
sales and a $0.8 million decrease in the DXR product line net sales. Net sales for other products amounted to $5.0 million in the
first quarter of Fiscal 2001 compared to $3.8 million in the first quarter of Fiscal 2000. Increases in the DART product line were
partially offset by decreases in older product lines. Service revenue was $6.4 million in the first quarter of Fiscal 2001 compared
to $3.3 million in the first quarter of Fiscal 2000.

Net sales increased significantly in the Americas to $46.5 million in the first quarter of Fiscal 2001 compared to $19.4 million in
the first quarter of Fiscal 2000. Net sales to U.S. customers, included in the Americas region, amounted to $14.1 million in the first
quarter of Fiscal 2001 compared to $11.9 million in the first quarter of Fiscal 2000. Net sales to customers in Mexico, which also
is included in the Americas region, amounted to $25.8 million in the first quarter of Fiscal 2001 compared to $3.3 million in the
first quarter of Fiscal 2000. In addition, net sales to European customers increased to $26.5 million in the first quarter of Fiscal
2001 compared to $18.7 million in the first quarter of Fiscal 2000. Offsetting these increases was a decrease in net sales in the
Asia/Pacific region to $9.8 million in the first quarter of Fiscal 2001 compared to $20.5 million in the same quarter of Fiscal 2000.
Net sales to China, included in the Asia/Pacific region, decreased to $3.3 million in the first quarter of Fiscal 2001 compared to
$11.4 million in the comparable quarter of the prior year.

During the first quarter of Fiscal 2001, the Company received $126.0 million in new orders shippable over the next twelve
months, compared to $67.8 million in the first quarter of Fiscal 2000, an increase of 86%. The backlog at June 30, 2000 was
$151.2 million, compared to $111.8 million at March 31, 2000.

The Company includes in its backlog purchase orders with respect to which a delivery schedule has been specified for product
shipment within one year. Orders in the Company`s current backlog are subject to changes in delivery schedules or to cancellation
at the option of the purchaser without significant penalty. Accordingly, although useful for scheduling production, backlog as of any
particular date may not be a reliable measure of sales for any future period.


GROSS PROFIT
Gross profit as a percentage of net sales for the first quarter of Fiscal 2001 was 35.2% compared to 27.5% in the same quarter of
Fiscal 2000. The Company`s gross margin in the first quarter of Fiscal 2001 increased due to the Company`s shift in revenue to the
Altium product lines, as well as a focused effort to reduce manufacturing product cost.

[_Frank_]

Wenn ich DMC Stratex Networks empfehle, interessiert das niemanden. Empfiehlt Dain Rauscher Wessels die gleiche Aktie eine Woche später, steigt sie gleich um über 22% an einem Tag. Die Empfehlung klingt jedenfalls gut: strong buy agressive mit einem Kursziel von 54$

[vorsichtiger_Investor]

AktienCheck

DMC Stratex Netw. 100%-Chance Datum : 19.03.2001
Zeit :14:40


Bessere sich die Stimmung gegenüber dem Thema „Telekom“ nur leicht, kann man mit DMC Stratex Networks (WKN 873508) schlagartig 100% verdienen. Wer von den Telekom-Ausrüstern die Investoren heute wirklich begeistern wolle, brauche schon eine durchschlagende Geschäftsidee. Diese würde von DMC Stratex geliefert. Die Firma habe erkannt, dass die großen Carrier nicht nur in den USA, sondern auch weltweit bei ihren sog. Interkonnexionsgebühren heute immer noch viel zu teuer seien. Da die fetten Jahre bei der Telekommunikationsindustrie erst einmal vorbei wären, würde auf der Kostenseite angegriffen. DMC Stratex würde die technisch anspruchsvolle Lösung für die Nöte der Telekom-Konzerne liefern. Die Bewertung des Titels sei brilliant. Analysten zufolge, habe der Wert ein Aufholpotential von 300% gegenüber dem fairen Wert.


Agentur: AktienCheck