| Business Summary | | Computer
Network
Technology
Corporation
is
a
provider
of
hardware
and
software
products,
related
professional
services
and
managed
services
in
the
growing
storage
networking
market.
The
Company
focuses
primarily
on
helping
its
customers
design,
develop,
deploy
and
manage
storage
networks,
a
high
speed
network
within
a
business'
existing
computer
system
that
allows
the
business
to
manage
its
expanding
data
storage
needs
with
greater
efficiency
and
less
disruption.
The
Company
designs,
manufactures,
markets
and
supports
a
wide
range
of
products
for
critical
storage
networking
applications,
such
as
remote
disk
mirroring
or
the
real-time
backup
of
data
to
remotely
located
disks.
Remote
tape
vaulting,
or
the
backup
of
data
to
remotely
archived
tapes,
is
supported
as
well. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Computer
Network
Tech.
designs,
manufactures,
markets
and
supports
a
range
of
enterprise-wide
networking
hardware
and
software
products.
For
the
three
months
ended
4/30/01,
revenues
fell
24%
to
$29.4
million.
Net
loss
from
continuing
operations
totaled
$13
million
vs.
an
income
of
$1.9
million.
Revenues
reflect
lower
sales
of
storage
and
networking
products
due
to
the
global
slowdown
in
IT
spending.
Loss
also
reflects
$10.3
million
in
losses
on
webMethods
stock. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Hudson, 54 Chairman,
Pres and CEO | $685K | $6.2M | Gregory Barnum, 46 VP-Fin.,
CFO, Sec. | 300K | 408K | Mark Knittel, 46 Group
VP- Worldwide Product Operations | 336K | 828K | Nice Ganio, 41 Group
VP of Worldwide Sales, Marketing and Services | 521K | 1.1M | William Collette, 57 CTO,
VP- Advanced Technology | 275K | 235K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|