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To: CrackerJack48 who started this subject8/28/2001 3:48:27 PM
From: james-rockford   of 190
 
This Company caught my ear the other day on CNBC, they were talking about CSCO & JNPR, and the "high end router market" and they said, "oh, by the way Avici Systems now has over 7% of that lucrative market."-------I thought, wow really, pretty impressive for a $4 dollar stock.

Is it time to start accumulating the FO's? Revised GDP is tomorrow, I'll probably wait till them.

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To: james-rockford who wrote (115)8/28/2001 4:03:43 PM
From: Wes Stevens   of 190
 
Not quite the way they were describing it. Avci has 7% of the oc192 market. What they don't mention is that csco was late to the party and has only recently started shipping a oc192 interface.

Still avci seems like it is almost getting into a value play range here.

Anyone know how much cash they have left from their ipo?

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To: Wes Stevens who wrote (116)8/28/2001 4:09:52 PM
From: The Ox   of 190
 
AVICI SYSTEMS INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

June 30, December 31,
2001 2000
(unaudited)
Assets

Cash and marketable securities $167,232 $233,392

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To: The Ox who wrote (117)8/29/2001 7:01:52 AM
From: Wes Stevens   of 190
 
So they have $3.30 a share in cash. The problem there is that they are going through it so fast that it takes a way all the warm and fuzzy that you normally get from buying a company near cash value.

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To: CrackerJack48 who started this subject8/30/2001 11:30:08 AM
From: Oeconomicus   of 190
 
Well, we're trading for cash now. Why don't we just liquidate and go home?

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To: que seria who wrote (94)8/30/2001 1:52:23 PM
From: William   of 190
 
Bought my first shares today, at $3.35.

William

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To: William who wrote (120)8/30/2001 2:24:00 PM
From: Bill   of 190
 
So you're the one...

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To: Bill who wrote (121)9/10/2001 9:49:09 AM
From: James Calladine   of 190
 
NOT TOO PRETTY(AVCI WARNING)

09:25 ET Avici Systems (AVCI) 2.78: Company warns for Q3; sees revenues for the qtr of $9-$10 mln vs earlier estimates of $22.5-$23.5 mln (mean $22.6 mln). AVCI sees a loss for the qtr of $0.40-$0.42 vs red ink of $0.23 anticipated by analysts. As part of cost-cutting initiative, company will reduce its workforce by 14%, or approx. 55 employees.

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To: James Calladine who wrote (122)10/1/2001 11:52:42 AM
From: James Calladine   of 190
 
ANYBODY WANT TO DISCUSS AVCI?

<<<Avici Names Chris Simpson Senior Vice President, Worldwide
Sales, Marketing and Service

Business/Technology Editors

N. BILLERICA, Mass.--(BUSINESS WIRE)--Oct. 1, 2001--

Veteran Telecom Executive to Lead Avici's Global Customer Efforts

Avici Systems Inc. (Nasdaq: AVCI), a leading provider of scalable and reliable core routing solutions for the Internet, today announced that Chris Simpson has joined Avici and will be responsible for Avici's worldwide sales, marketing and services efforts. He will report directly to Avici President and Chief Executive Officer Steve Kaufman.

"Over the last year, Avici has increased its market share and global presence with customer wins in Europe, Asia and North America," said Avici's Kaufman. "Avici's number one priority has always been our customers. By more closely aligning our field sales, marketing and service organizations, we will provide better service to new and existing customers. Chris has a proven track record, and we are confident his experience and in-depth industry knowledge will focus our sales efforts and continue Avici's growth."

Simpson most recently served as senior vice president, sales for CIENA Corporation. During his tenure, CIENA rapidly grew its revenue and expanded the number of large carriers using its products. Over this same period, the sales team introduced and successfully deployed the CoreDirector switch in multiple key accounts in North America.

From 1998 to 2000, Simpson was vice president of sales, marketing and international operations for Harris Corporation's RF Communications. From 1988 to 1998, he held several senior sales and marketing positions at Qualcomm, Inc., including senior vice president/general manager of worldwide sales and marketing, and senior vice president of strategic marketing.

"The core router market is one of the most exciting segments in the industry. Avici's proven leadership in scalable and reliable carrier-class routing, as shown from existing network operators using the Avici TSR(R), position the company to continue benefiting from Internet services growth," said Simpson. "Avici is a company focused on helping carriers improve the cost-effectiveness and reliability of their data networks to increase IP service differentiation and availability. I look forward to leading Avici's sales, marketing and service teams to continue expanding Avici's product benefits to a greater number of network operators."

Prior to his Qualcomm tenure, Simpson held management positions at Contel/ASC and ComSat Corporation. Simpson received his bachelor's degree in accounting from Oklahoma State University.

About Avici Systems

Avici Systems Inc., headquartered in North Billerica, Mass., is a leading provider of purpose-built carrier-class routing solutions for the Internet. Avici's scalable TSR core router meets carrier requirements for the highest scalability, reliability and network availability, while lowering the total cost of building and operating their networks. The company's routing systems provide new IP solutions to some of the world's leading service providers. For more information, please visit us at www.avici.com.

Avici and TSR are registered trademarks of Avici Systems Inc. >>>

Namaste!

Jim

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To: James Calladine who wrote (123)10/1/2001 11:58:39 AM
From: James Calladine   of 190
 
CAYMAN SYSTEMS (also of N. Billerica, MA)

Anybody know anything about them?

(from Briefing)

<<<11:52 ET Netopia (NTPA) 3.66 -0.28 : Has entered into a definitive agreement to acquire Cayman Systems, of Massachusetts, a company specializing in broadband gateways and web platform software; Netopia will pay an aggregate of $11 million to acquire all of Cayman's outstanding equity and convertible debt and will maintain Cayman's facility in Billerica, MA.>>>

Namaste!

Jim

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