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NEW YORK - American creativity and innovation did not die with the collapse of the Internet bubble or the Nasdaq market. Technology companies with good ideas and good execution of those ideas can still grow at an extraordinary pace. One thing for sure, however, is that such growth won’t be even across all parts of the technology spectrum.
For instance, the computer industry is unlikely to return to its previous levels of growth. “We’ve built the infrastructure, and now it’s more about maintaining and upgrading,” says Mark Herskovitz, senior portfolio manager of the Dreyfus Premier Technology Growth Fund.
What is one of Herskovitz’s biggest holdings? In his top five is UTStarcom (nasdaq: UTSI - news - people ), which provides broadband, wireless, Internet Protocol-based switching and 3G network equipment. Herskovitz notes that this company is successfully selling its gear in China and Japan, as well as Taiwan and Vietnam. UTStarcom is also the world’s second-largest manufacturer of digital subscriber line access multiplexers, or DSLAM, a crucial piece of central office equipment for digital subscriber lines.
UTStarcom has a five-year annualized sales growth of 71%; its 2002 sales increased 57% to $982 million. Revenue is projected to climb 43% for 2003, to $1.4 billion. UTStarcom trades at only 15 times estimated 2003 profits of $1.39 per share.
Table: The 25 Fastest-Growing Technology Companies
The 25 members of our list of the fastest-growing technology companies (see below) are all profitable, with at least $25 million in revenue, a five-year revenue growth rate of at least 30% (annualized), and a sales growth rate of at least 5% in the most recent 12 months.
As part of our selection process, we eliminated firms that were trading near penny-stock range or that have been subjected to a spate of bad news. Revenue for the companies on our list ranges from $29 million (Biolase Technology) to more than $4 billion (L-3 Communications).
EBay’s (nasdaq: EBAY - news - people ) revenue jumped 62% last year, to $1.2 billion, and its earnings rose 165% to 85 cents per share. For 2003, analysts reporting to Thomson Financial First Call expect the company to earn $1.33 per share on sales of $1.9 billion.
Cognizant Technology Solutions (nasdaq: CTSH - news - people ), which provides information technology services, posted a 29% revenue gain last year, to $229 million. The Teaneck, N.J.-based firm keeps its costs under control and its fees competitive by operating software development centers in India and Ireland.
What about medical technology? “We are entering a period of time where many of the smaller biotech companies have been around for ten years, and they are starting to get their products past the goal line,” says Dr. Kris H. Jenner, portfolio manager of the T. Rowe Price Health Sciences Fund.
One of Jenner’s favorites is Cephalon (nasdaq: CEPH - news - people ), which develops drugs to treat neurological problems, sleep disorders, cancer and pain. Cephalon, which has a market capitalization of $2.4 billion, is in the midst of a robust growth cycle. Its 2002 sales of $507 million were nearly double those of the previous year. And in 2002 Cephalon made its first profit of $175 million.
Jenner is also attracted to Idec Pharmaceuticals (nasdaq: IDPH - news - people ), a company that currently gets most of its $404 million per year in revenue from one drug, Rituxan, a treatment for B-cell non-Hodgkin’s lymphoma. He’s excited by the firm’s new second-generation drug to treat this form of lymphoma. The formulation, Zevalin, was approved a year ago by the U.S. Food and Drug Administration.
For 2003, analysts expect Idec’s sales to increase 37% to $554 million and profits to rise 29% to $1.10 per share. Idec sells for 34 times estimated 2003 profits.
Source:
http://www.forbes.com/2003/04/07/cz_vw_0407fasttech.html
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Anywhere Together Software releases a mobile version of their Files Together web application
Ireland(SANEPR.com) May 18, 2007 — Anywhere Together Software releases a mobile version of their Files Together web application. This mobile application gives users access to their documents from any mobile phone, smart phone or PDA.
This mobile solution compliments the web desktop Files Together web 2.0 application by using the same users and security settings.
Files Together is the flagship product from Anywhere Together Software. You can get it free with 2 user licenses from the website www.anywheretogether.com.
Anywhere Together Software is a software development company that specialise in web application software that runs on Windows and Linux servers. For further information, contact Marc Reidy at contactus@anywheretogether.com
Save Thousands on YOUR Taxes
USA(SANEPR.com) May 18, 2007 — Who doesn’t want to save money, on the money they already earn? Thousands and thousands of tax payers routinely over-pay on their taxes. Most of tax payers do not know that the framework already exists within tax laws to protect against that happening. Government keeps their mouth shut since that yields into millions of dollars yearly into their coffers. It is not in their best advantage to educate tax payers on how not to overpay taxes.
Drew Miles, an attorney and founder of FreeTaxStrategies.com, believes that most of tax payers don’t take advantage of all the tax deduction. He has created a tax saving program when his law practice led him to many folks undergoing some horrific changes in their personal lives, simply by not knowing the facts. He asked himself: “Why was it that laws had been put in place by the government to protect the public, their families and their assets, yet he was seeing them ignored over-and-over again.”
He decided to investigate why and after much research and time spent on evaluating everything there was out there he found that there was nothing. There was not one single program that provided what he thought should be available to everyone. So he decided to create something that would show tax payers how to legally save taxes. The name came easily to him as it described exactly what he wanted to have happened. It is called FreeTaxStrategies.com.
When asked Drew explained his program, “This tax-saving program is a user-friendly, straightforward, step-by-step process that provides you with your own personal coach who will guide you through everything you need. This means step-by-step and at your pace. In other words: everything you will need to protect you, your business, your wife, children and grandchildren against losing everything you have accumulated.”
Controversial Smartphone Spy Software Introduced to Record SMS and Call Details
Phoenix, Arizona, USA(SANEPR.com) May 18, 2007 — - May 9th, 2007 – Retina-X Studios, LLC, announced today the immediate availability of Mobile Spy, the first activity monitoring software for Windows Mobile based smartphones. The software allows users to monitor SMS and call details online in real time.
Mobile Spy runs in total stealth mode and no entries are shown inside Windows Mobile Task Manager. After the software is setup on the phone, it records all SMS text messages and call information. It then silently uploads logs to the user’s private account which they check online without needing further access to the phone.
This exclusive system helps businesses enforce their Acceptable Use Policy on company provided phones. The software can also monitor teen or family phones. It gives a parent the ability to remotely monitor their child’s text and call activities by logging into the web site. Another common use is to backup a user’s own cell activity as a record of all important text conversations and calls.
Mobile Spy is designed for smartphones running the Windows Mobile operating system. This includes Windows Mobile 2003, 2003 SE, 5.0 and 6.0 which are available from most major mobile carriers. The product is available now at www.mobile-spy.com.
About Retina-X Studios: RXS designs and develops tools that let users monitor their individual PC, network or smartphone. www.retinaxstudios.com
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What it is?
Web 2.0 is a new generation websites in new graphic and design. It is more functional and many changes was made from past web model. It is same but just make it more links each others.
Network is important in design web 2.0. Many new websites now using web 2.0 concept than older web. It is convenient and easy to use.
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Introduction
Google runs on a unique combination of advanced hardware and software. The speed you experience can be attributed in part to the efficiency of our search algorithm and partly to the thousands of low cost PC’s we’ve networked together to create a superfast search engine.
The heart of our software is PageRank™, a system for ranking web pages developed by our founders Larry Page and Sergey Brin at Stanford University. And while we have dozens of engineers working to improve every aspect of Google on a daily basis, PageRank continues to play a central role in many of our web search tools.
PageRank Explained
PageRank relies on the uniquely democratic nature of the web by using its vast link structure as an indicator of an individual page’s value. In essence, Google interprets a link from page A to page B as a vote, by page A, for page B. But, Google looks at considerably more than the sheer volume of votes, or links a page receives; for example, it also analyzes the page that casts the vote. Votes cast by pages that are themselves “important” weigh more heavily and help to make other pages “important.” Using these and other factors, Google provides its views on pages’ relative importance.
Of course, important pages mean nothing to you if they don’t match your query. So, Google combines PageRank with sophisticated text-matching techniques to find pages that are both important and relevant to your search. Google goes far beyond the number of times a term appears on a page and examines dozens of aspects of the page’s content (and the content of the pages linking to it) to determine if it’s a good match for your query.
Integrity
Google’s complex automated methods make human tampering with our search results extremely difficult. And though we may run relevant ads above and next to our results, Google does not sell placement within the results themselves (i.e., no one can buy a particular or higher placement). A Google search provides an easy and effective way to find high-quality websites that contain information relevant to your search.
