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Technology Stocks : Sonicwall Inc. - SNWL

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To: caly who wrote (38)11/16/2000 5:37:14 PM
From: caly  Read Replies (1) of 63
 
Mentioned on CNBC this evening.

tveyes.com

CNBC 11/16/00 - 5:26 PM... One area we focus a lot on, are very bullish on is internet security area. It is an area that we believe will grow from 3 billion in 1999 to over 15 billion. Maria: Which stock would i be buying in that area? >> We, our number one pick in that sector is sonicwall, symbol snwl. The company is extremely profitable, with over 34% operating margin last quarter, over 200% year over year revenue growth, and also very strong cash flow, over 200 million in cash. In a market like this, stock trading at a very reasonable valuation here. Maria: Issx another pick? >> Another name we like. This company also has a very good internet security offering particularly for large enterprises, we think the company will do well also. Maria: Good to have you with us. >> Thank you very much. >> Our thanks to bob lam.
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