-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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lots of good things happening with this technollogy!
Secondly, coming out of restriction, Citi is updating their view on Riverbed (NasdaqGM: RVBD) taking their rating to Buy from Hold. Post an impressive March and with a new product cycle at its back, the company's tech advantage is lengthening and momentum continues to build. Future catalysts include Steelhead Mobile, channel expansion, and an increased storage presence.
Riverbed continues on its hyper-growth track while progressing toward its target operating model. While an opex catch-up may result in a margin pause for June, the company is on track to exit 2007 at ~20%+ Op Mgn vs the 20-25% LT target. Citi's prior CQ2 estimates of $43M and $0.07 are now $49M and $0.12. Tgt is raised to $52 from $34.
Posts: 6410 | Registered: Jul 2006
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posted
I've mentioned Riverbed (RVBD - commentary - Cramer's Take) before as a good play on the Internet video revolution, and it's one of the names I've been scaling into. It's been running away from me, and I don't yet have as big of a position in the name as I want. I'll look to buy more on weakness over time from here, but I figure I'd get the name out to readers in case it doesn't come back in.
Remember the multicolored heptagon wonder that was Inktomi? Well, a few executives from the ISP-software company of the '90s never forgot the lessons that helped them sell the company to Yahoo! (YHOO - commentary - Cramer's Take - Rating) for $235 million at the bottom of the dot-com bust. They have built Riverbed as a nimble way to maximize that precious bandwidth you pay for by the byte.
Wide Area Network (WAN) refers to the Internet as a whole, as opposed to Local Area Networking (LAN), a little intranet (when was the last time you heard that term?) for your internal corporate needs. The distinction is important; firms and their worker bees have found that sending files by email and other online applications is... wait for it... empowering.
Can you ever imagine a time when companies will use the Internet less? Then the issue of bandwidth usage starts to creep up in the form of increasing bills and upset accounting departments (who no doubt send emails criticizing heavy Internet usage).
Riverbed thinks it can make everyone happy. It has about two dozen patented caching techniques that it has integrated with hardware to deliver a package that minimizes bandwidth usage. If multiple users at a company try to download the same file or the same page, Riverbed's Steelhead system remembers that the file has been sent before and delivers it without duplicating a request to the server. Workers are generally accessing the same pages and applications as their co-workers, and Riverbed has figured out an elegant solution that increases network efficiency. Riverbed enables companies to share files effortlessly across separate offices by maximizing the efficiency of queries and use of
Posts: 6410 | Registered: Jul 2006
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Riverbed Connect Podcast Series Provides First Multi-Media Forum for Application Performance Discussion over Wide Area Networks Monday 07/16/2007 8:01 AM ET - BusinessWire Riverbed Technology, Inc. (Nasdaq:RVBD), the performance leader in wide-area data services (WDS), today launched its Riverbed(R) Connect podcast series featuring a broad range of networking professionals and industry experts who discuss and debate the challenges of maintaining application performance across wide area networks (WANs) in an increasingly distributed business world. Tackling topics from "Accelerating secure business applications" to "Successful IT consolidation," Riverbed Connect podcasts provide IT professionals the resources they need to make informed business decisions about selecting, deploying and managing WDS and related technologies.
The Riverbed Connect podcast series is hosted by Bob Gilbert, senior product evangelist at Riverbed. As host of the series, Gilbert brings together the finest minds in networking, storage and applications to discuss the most salient challenges and opportunities related to WDS and efficiently distributing content throughout the enterprise. Riverbed customers and partners, together with industry analysts and other experts all join in the conversation, making Riverbed Connect a hub for balanced information on these critical business issues.
"In a world where business is becoming more and more globally distributed while IT is increasingly consolidated, IT professionals are under greater pressure than ever to maximize the performance of their applications over the WAN," said Gilbert. "Riverbed Connect offers a one-stop-shop where Riverbed technology experts, real, implemented customers, industry analysts and partners openly discuss the business challenges caused by these conditions and the best practices for solving them."
Expert Knowledge Quickly Consumable From Anywhere
The result of these open conversations is authentic and actionable information from people in the trenches that can help guide both technical and business personnel in the evaluation, selection and deployment process for WDS technologies. Riverbed Connect podcasts are 10 minutes or less.
With the launch of Riverbed Connect, podcasts featuring Riverbed technology experts and industry analyst Peter Sevcik of NetForecast are already live. Initial podcasts cover the following topics:
-- Accelerating secure business applications
-- WDS - What's all the hype about?
-- The business impact of performance
-- Successful IT consolidation
Accessing Riverbed Connect Podcasts
Riverbed Connect podcasts are easily accessible and can be played on any MP3 music player or MP3-enabled computer. Apple iTunes users can subscribe to Riverbed Connect, making it easy to automatically download each new podcast for listening on an iPod. Podcasts can also be subscribed to via RSS at http://feeds.feedburner.com/riverbedconnect.
The first four Riverbed Connect podcasts are available immediately in MP3 format at www.riverbedconnect.com. Additional podcasts will be posted each month, and can be delivered automatically through RSS subscription or via the iTunes music store.
About Riverbed's Steelhead(R) Appliances
Riverbed's WDS solutions enable organizations with more than one office to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between distributed sites by five to 50 times and in some cases up to 100 times between enterprise datacenters and remote offices, Riverbed's award-winning Steelhead WDS appliances enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead appliances have been deployed in organizations ranging from the world's largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed's demo: www.riverbed.com/pr/jack.Posts: 6410 | Registered: Jul 2006
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posted
I have been patiently watching this since Octobers sell off and think we have 20-30% within 2 months and up to 50% during the next 6-8 months.
Their projected 2008 revs. are up 30%
337 institutions own 69.6% of the 0.07 billion common shares outstanding. This is higher than the average institutional ownership of the Computer Services Industry at 43.8%, and lower than the average of the S&P 500 as a whole which is 72.1%
ä Using our three-year earnings growth estimate of 30% applied against our 2008 EPS estimate, our 12-month target price of $17 represents a P/ E-to-growth ratio of 1.6X, in line with other nextgeneration equipment peers. Given the significantly higher tax rate forecasted for 2008, we would focus on pretax profits, which we estimate will increase 40% in 2008, as a true measure of the material operating leverage inherent in RVBD's business model.
Posts: 6410 | Registered: Jul 2006
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ä Following a 126% sales increase in 2007, we forecast sales advancing 35% in 2008, driven by strong demand for the company's application traffic management solutions.We are optimistic about the new Steelhead mobile product, which began shipping in volume during the fourth quarter of 2007. ä RVBD's products are very software intensive, helping the company post above industry average gross margins.We expect 2008 gross margins to widen roughly 200 basis points from the prior year, to 75%, on reduced manufacturing costs and the positive impact from the Steelhead mobile licensing product. Reflecting aggressive investments in infrastructure to support growth opportunities, particularly in sales coverage, we expect operating expenses as a percentage of sales to increase moderately. ä Despite taxes at a projected effective rate of 40%, versus a 10% rate in 2007, reflecting the reversal of large tax allowance deferrals, we see operating EPS of $0.35 for 2008, up from the $0.32 posted in 2007. Our estimate includes $0.25 of projected stock option expense
posted
saw that lots of volume early then backed off. real good rally. is this entirely from the buy back i wonder? keep looking for a pull back to add but it keeps popping.
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