IPO Company Profile
SEC Filings | Peer IPO Companies
Netcom Systems, Inc.
20550 Nordhoff Street, Chatsworth, CA 91311 * (818) 700-5100

The company is a leading provider of network performance measurement systems. The company's flagship platform, SmartBits, evaluates performance, reliability, quality of service and proof of service of networking equipment, such as routers and switches.

Primary Underwriting Group
ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-5959
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100

Filing Information
NASNTL:NTCM Manufacturing: SIC 3825
Type of Shares:Common Shares Filing Date:6/10/98
U.S. Shares Filed:9,920,000 Filing Range:$11.00 - $13.00
Non-U.S. Shares Filed:2,480,000 Offering Amount: $148,800,000
Primary Shares:10,000,000 Expenses:$850,000
Secondary Shares:2,400,000 Post-IPO Shares:60,929,218
Employees:140

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm: Venture Law Group
Registrar/Transfer Agent: Boston Equiserve Limited Partnership
Auditor: Arthur Andersen

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/97 3/31/98
Revenue:$56.27$18.01$10.12Assets:$42.81
Net Income:$22.80$5.65$4.30Curr Assets:$40.00
EPS:$0.72$0.11Liabilities:$58.66
Prior EPS:Curr Liab:$11.16
Cash Flow/Oper:$24.67$7.42$4.41Equity:-$15.86
Cash Flow/Fin:-$12.51$2.00Cash:$24.39
Cash Flow/Inv:-$3.75-$0.72-$0.12Working Cap:$28.84

Use of Proceeds
The proceeds from the proposed offering will be used for repayment of senior debt, redemption of redeemable preferred stock and working capital and other general corporate purposes including sales and marketing, manufacturing and capital expenditures.

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