IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
Alteon Websystems, Inc.
50 Great Oaks Boulevard, San Jose, CA 95119 * (408) 360-5500
Business Description The company is a leading provider of next generation Internet infrastructure solutions that are designed to enable e-businesses to meet the demands resulting from the rapid growth of the Internet.
Offering
Information

Company has
gone public

Trading As  ATON (NASNTL) Industry  High-Tech (SIC 3679)
Type of Stock Offered  Common Shares Filing Date  07/09/1999
Domestic Shares Offered  4,000,000 Offer Date  09/23/1999
Foreign Shares Offered  0 Filing Range  $17.00 - $19.00
Company Shares  4,000,000 Offer Price  $19.00
Selling Shrhldrs Shares  0 Gross Spread  $1.330
Gross Proceeds  $76,000,000 Selling  $0.770
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Lehman Brothers Incorporated Lead Manager (212) 526-8100
BancBoston Robertson Stephens Co-manager (415) 989-8500
Thomas Weisel Partners LLC Co-manager (415) 364-2500
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data     06/30/1996 06/30/1997 06/30/1998 03/31/1998 03/31/1999
Revenues   - - 0.000 0.178 13.572 9.775 18.388
Income from Oper.   - - -0.293 -7.906 -11.127 -7.733 -8.826
Net Income   - - -0.274 -7.785 -10.806 -7.392 -8.637
E.P.S   - - -0.480 -5.150 -2.180 -1.580 -1.190
Revenue Growth (%)      - - - 7,524.719   88.11
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -13.32 -7.41 -4.59
Cash Flow - Inv.     -2.07 -1.57 -2.12
Cash Flow - Fin.     10.20 0.32 7.09
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    19.88 Current Assets    16.23 Current Ratio    1.96
Total Liab.    9.91 Current Liab.    8.30 Debt Ratio    49.86%
Total Equity    9.97 Working Cap.    7.93 Debt to Equity Ratio    0.99
Cash    9.43    Return on Assets   -
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  Cooley Godward Castro Huddleson & Tatum
Bank's Law Firm  Fenwick & West
Registrar/Transfer Agent  American Securities Transfer, Inc
Auditor  Deloitte & Touche
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 09/29/1999 3:50:43 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.