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Home > Company Index > Telecommunications > Switching & Transmission Equipment > Elastic Networks Inc.

Elastic Networks Inc.
Nasdaq: ELAS
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 NEWS FROM THE STANDARD
Slash and Burn at Nortel
Jun 15 2001 11:22 AM PDT

 PROFILE
Elastic Networks is spastic about speed. The company makes digital subscriber line access multiplexers (ELMo) which incorporate Ethernet technology and account for more than 95% of sales. Other products include customer premises modems (Storm Systems) and administration software (YesWare). Its gear is used to deliver high-speed Internet access over phone lines. Elastic, which outsources its manufacturing to Sanmina and Solectron, sells its products directly and through distributors to Internet access providers. Keval On-Line Technology accounts for about 15% of sales; Nortel accounts for about 12%. Nortel owns about 45% of Elastic; Pequot Capital Management owns 16%.

 COMPETITION
Cisco Systems, Inc. (CSCO)
Copper Mountain Networks, Inc. (CMTN)
Lucent Technologies Inc. (LU)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 40.20
1-Yr. Sales Growth: 388.8%
Employees: 170
Revenue per employee: $236,470.59

 KEY PEOPLE
• Guy D. Gill
    CEO
• Kevin D. Elop
    CFO

 CONTACT INFO
6120 Windward Pkwy., Ste. 100
Alpharetta, GA 30005
US
Phone: 678-297-3100
Fax: 678-297-3110
Online: Web Site

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