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Shareholder Update |
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Tough Times for Telecom "Prosperity is not without many fears and distastes; and adversity is not without comforts and hopes." Sir Francis Bacon |
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We've Been Working Hard Maintained profitability Generated operating cash Solidified market positions Won new business Focused R&D for the future |
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What We Do |
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Our Telco Solutions |
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Our Cable Solutions NetMentor(tm) |
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Sales and E.P.S. 2001 2002 SALES 82.2 58.6 $58.6 MILLION $82.2 MILLION E.P.S. $0.25 E.P.S. $1.02 |
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In 2002 We maintained a gross profit of 56.3% We put 5.7% of revenue to the bottom line We right-sized our business We reduced our quarterly breakeven point, eliminating approximately $3.6M in annual expenses We generated $17.6M in cash from operations |
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Line Loss |
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Market Capitalization IPO 12/14/95 YE 12/31/02 East 65.3 159 $159 MILLION $65.3 MILLION |
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New DSL Business |
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DigiTest(r) |
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International and Independent Sales |
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Research & Development |
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Into 2003 |
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Thank You Questions/Comments |