CNBC 4/20/00 - 1:23:22 PM .....The company, a leading maker of multimedia and broadband equipment, said it earned 28 cents a share in the first quarter, versus 18
cents a share in the year ago period, that's three cents ahead of wall street estimates. Revenue was up 63% to $67.3 Million. Net income up 27% to $9.8 Million. Here to tell us more about today's numbers and the road ahead is polycom 's ceo, robert hagerty, in san jose, california this afternoon. >> Thank you very much. Bill: Let me ask you about the stock price. I know ceos hate to do that
but you are down sharply in the last month or so and i wonder if you were one of the expensive companies that people started to sell sfaering -- you are making money, you are a profitable company? >> We are happy about the revenue growth and the profit growth. And you know, in terms of the stock price, we are up for the year and certainly year over year it has been quite substantial. Bill: But you made acquisitions in the past and i wonder if it put as crimp on the ability to do so when the currency you use to make the acquisitions goes down. >> I don't think so. In if i can particular the area we did invest this this time is is the dsl space and particularly we're in the integrated access device .....
from same website, its good (they asked my csco question) Hint its not al gore rits its algorithims - computers aren't perfect.
CNBC 4/20/00 - 1:25:19 PM .....substantially particularly in the dsl space, nice growth year over year but early days in
terms of the dsl space because we are moving to the integrated access device to do voice-and-data over the same pipe and that is new and we see deployment happening in the second half on that. In the video space, very, very good for us, a 49% market share
now and in the voice conferencing face, those nice polycom sound station triange phones, 85% share. And that space continued to grow, 33% when you look at it year over year. Bill: E-mail from viewer wondering if go wireless, one from california
wondering if you develop devices for high powered personal digital systems and things like that. >> Answer the wireless, wire is also certain. >>Ly a component in the future for the delivery of the broadband but also for the of the products, there are wires, particularly in the speakerphones people don't like and i think that blue tooth and technology area very interesting for the future and areas where we are watching carefully. Probably and area we are partner for technology opposed to develop within. Bill: And any information on new products coming from your relationship last fall with
cisco systems. >> In the cisco casix it is a twofold around arrangement. In one part work week them to build acue still -- acue stick clarity
technology, the same al gore rits that make the ability to speak over each other. The second part of that is we will be working with their protocols to build a sound station that works .....