| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Foundry Networks, Inc. |
| 680 W. Maude Avenue, Suite 3, Sunnyvale, CA 94086 * (408) 530-3300 |
| Business Description | The company designs, develops, manufactures and markets a comprehensive suite of high performance networking products for enterprises and Internet service providers. |
| Offering Information Company has | |||
| Trading As | FDRY (NASNTL) | Industry | High-Tech (SIC 3571) |
| Type of Stock Offered | Common Shares | Filing Date | 07/09/1999 |
| Domestic Shares Offered | 5,000,000 | Offer Date | 09/27/1999 |
| Foreign Shares Offered | 0 | Filing Range | $22.00 - $24.00 |
| Company Shares | 5,000,000 | Offer Price | $25.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.750 |
| Gross Proceeds | $125,000,000 | Selling | $1.050 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | - - | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Deutsch Banc Alex. Brown | Lead Manager | (410) 727-1700 |
| J.P. Morgan & Co. | Co-manager | (212) 648-0517 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1996 | 12/31/1997 | 12/31/1998 | 06/30/1998 | 06/30/1999 | ||
| Revenues | - | - | 0.000 | 3.381 | 17.039 | 4.203 | 39.487 |
| Income from Oper. | - | - | -2.140 | -9.129 | -9.765 | -4.443 | 3.870 |
| Net Income | - | - | -2.013 | -9.007 | -9.352 | -4.230 | 2.912 |
| E.P.S | - | - | - | - | -1.040 | - | 0.080 |
| Revenue Growth (%) | - | - | - | 403.963 | 839.50 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | 9.80 | - |
| Net Profit Margin (%) | - | - | - | - | - | 7.37 | - |
| Cash Flow - Oper. | -13.19 | -4.61 | 3.37 | ||||
| Cash Flow - Inv. | -0.41 | -0.22 | -0.15 | ||||
| Cash Flow - Fin. | 14.99 | 14.92 | 4.55 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 06/30/1999 | Financial Ratios | ||||
| Total Assets | 36.45 | Current Assets | 36.04 | Current Ratio | 2.45 |
| Total Liab. | 45.80 | Current Liab. | 14.72 | Debt Ratio | 125.65% |
| Total Equity | -9.35 | Working Cap. | 21.32 | Debt to Equity Ratio | - |
| Cash | 12.34 | Return on Assets | 7.99% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for working capital and general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Venture Law Group |
| Bank's Law Firm | Pillsbury Madison & Sutro |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |