| Business Summary | | PictureTel
Corporation
develops,
manufactures
and
markets
a
full
range
of
visual
and
audio
collaboration
solutions.
Visual
collaboration
employs
videoconferencing,
video
streaming
and
data
collaboration
technologies
to
facilitate
meeting
environments
that
may
incorporate
video,
audio
and
real-time
and
archived
multimedia
data.
PictureTel
markets
a
complete
line
of
videoconferencing
systems,
multi-location
servers,
peripheral
equipment
and
a
full
suite
of
enterprise-wide
services.
PictureTel
is
organized
into
two
business
segments,
videoconferencing
products
and
videoconferencing
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PictureTel
develops,
manufactures,
markets
and
services
visual
communications
and
collaboration
software
that
enables
users
to
hold
face-to-face
meetings
through
a
telephone.
For
the
six
months
ended
6/30/01,
total
revenues
fell
22%
to
$98.5
million.
Net
loss
fell
73%
to
$16.7
million.
Revenues
reflect
a
decrease
in
personal/desktop
system
sales.
Lower
loss
reflects
lower
operating
expenses
due
to
headcount
reductions
and
on-going
cost
reduction
efforts. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Norman Gaut, 62 Chairman,
CEO | $377K | Lewis Jaffe Pres,
COO | -- | Dalton Edgecomb CFO | -- | Ned Semonite Exec.
VP of Marketing | -- | Jon Kosheff Exec. VP, Operations | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|