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Profile - Avici Systems Inc. (NasdaqNM:AVCI)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 31Price hit new 52-week low ($3.28)
Location
101 Billerica Avenue
North Billerica, MA 01862
Phone: (978) 964-2000
Fax: (978) 964-2100
Email: info@avici.com
Employees (last reported count): 365
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Communications Equipment
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Ownership
·Insider and 5%+ Owners: 49%
·Over the last 6 months:
 · 2 insider sells; 313.0K shares
  (1.3% of insider shares)
·Institutional: 36% (71% of float)
(150 institutions)
·Net Inst. Selling: 223.0K shares (+1.26%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Avici Systems Inc. provides high-speed data networking equipment that enables telecommunications companies and Internet service providers to transmit high volumes of information across their fiber optic networks. The Company's high-performance solution is being marketed to telecommunications companies and Internet service providers, referred to as carriers, which are creating next-generation optical networks to address the increasing data traffic across the Internet. The Avici Terabit Switch Router product is designed to cost-effectively provide: high-speed/high-volume capacity; high levels of operational availability and redundancy, which the Company refers to as carrier-class reliability; and the ability to incrementally add capacity to the network without disrupting network performance, which it refers to as in-service scalability.
More from Market Guide: Expanded Business Description

Financial Summary
Avici Systems Inc. develops and sells high-speed data networking equipment that enables communications service providers to transmit high volumes of information across their fiber optic networks. For the six months ended 6/30/01, net revenues totaled $35.5 million, up from $2.7 million. Net loss fell 22% to $33.1 million. Results reflect continued growth of scalable core routing solutions, offset by increased personnel and stock compensation expenses.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Surya Panditi, 41
Chairman
$271K
Steven Kaufman, 35
Pres, CEO, Director
189K
Paul Brauneis, 56
CFO, VP of Fin. and Admin., Treasurer, Sec.
189K
Henry Zannini, 56
VP of Gov.al Sales
--  
Christopher Gunner, Ph.D., 46
VP of Engineering
192K
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..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:AVCIAs of 31-Aug-2001
Price and Volume
52-Week Low
on 31-Aug-2001
$3.28 
Recent Price$3.30 
52-Week High
on 1-Sep-2000
$155.00 
Daily Volume (3-month avg)1.29M
Daily Volume (10-day avg)553.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-97.7%
52-Week Change
relative to S&P500
-96.9%
Share-Related Items
Market Capitalization$163.2M
Shares Outstanding49.5M
Float25.2M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$5.03 
Earnings (ttm)-$1.75 
Earnings (mrq)-$0.32 
Sales (ttm)$1.06 
Cash (mrq)$3.38 
Valuation Ratios
Price/Book (mrq)0.66 
Price/EarningsN/A 
Price/Sales (ttm)3.10 
Income Statements
Sales (ttm)$47.8M
EBITDA (ttm)-$68.7M
Income available to common (ttm)-$75.1M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-30.32%
Return on Equity (ttm)-40.01%
Financial Strength
Current Ratio (mrq)10.01 
Debt/Equity (mrq)0.02 
Total Cash (mrq)$167.2M
Short Interest
As of 8-Aug-2001
Shares Short2.38M
Percent of Float9.4%
Shares Short
(Prior Month)
3.29M
Short Ratio1.79 
Daily Volume1.33M
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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