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Test Number : 250-403
Test Name : Administration of Symantec(TM)(R) Management Platform 7.1
Vendor Name : Symantec
: 174 Dumps Questions

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Administration of Symantec(TM)(R) Management Platform 7.1 book

On Command company proclaims record second Quarter 2000 Revenues; Over 75,000 web Installations achieved | 250-403 Dumps and Real test Questions with VCE Practice Test

August 01, 2000 15:forty five ET | supply: On Command business enterprise

SAN JOSE, Calif., Aug. 1 (PRIMEZONE) -- On Command provider (Nasdaq:ONCO) introduced nowadays that 2000 2d quarter revenues climbed to a checklist $65.eight million, a 5.1% boost over the $sixty two.6 million said within the second quarter of 1999. second quarter income earlier than interest, taxes, depreciation, amortization, and stock primarily based compensation (EBITDA) totaled $18.eight million, compared to $18.three million recorded within the corresponding 1999 period.

The list revenue was primarily attributable to new hotel installations, persevered conversions of hotels served by means of SpectraVision methods to sophisticated acting on Command methods, and higher web revenues per equipped room (RER). RER per month totaled $21.eighty four in Q2 2000 in comparison to $21.04 in the 2nd quarter of 1999, a three.eight% growth. The Q2 2000 RER increases much more enormously -- to $23.35 when SpectraVision rooms, which are being converted over time, are excluded.

The improvement in revenue per room became basically because of decreased film denial costs as well as large raises in information superhighway and game revenues pushed by way of OCX installations, On Command's wholly interactive, built-in leisure and cyber web beginning equipment. growth in internet loss was due to the boost in EBITDA in addition to a major reduction in depreciation primarily due to the expiration of depreciation on the bought SpectraVision assets. Depreciation decreased from 37.6% of salary in Q2 1999 to 32.6% in Q2 2000.

On June 30, 2000, On Command supplier's put in room base turned into approximately 969,000 rooms, as in comparison to about 942,000 on the end of the 2d quarter of 1999. in the 2d quarter of 2000, On Command installed its on-demand equipment in approximately 27,seven hundred rooms, of which 13,500 had been new hotel installations, 5,500 were conversions of SpectraVision homes, and eight,seven hundred were conversions of OCV programs to the advanced OCX(r) equipment, the company's interactive multimedia platform. At June 30, 2000, rooms installed with the OCX platform totaled approximately eighty three,000, a rise of 23,000 rooms from March 31, 2000. of these 83,000 rooms, 69,000 rooms were active with information superhighway. moreover the company's @lodge(TM) workstation product has been installed in approximately 6,000 rooms, bringing the entire information superhighway installations to over seventy five,000.

``We stay on time table with the deployment of OCX,'' stated Jerome H. Kern, Chairman and CEO of On Command. ``Our purpose of one hundred fifty,000 OCX installations by means of year end is neatly within their attain, and their instant focus is expansion of their platform technologically, in addition to aggressive development of a creative and large array of programming for lodge guests.''

On July 18, 2000, the enterprise closed on a $350 million refinancing of its unsecured revolving credit score facility on very favorable terms in today's credit score environment. ``The value of this financing can not be overemphasized,'' cited Paul Milley, Senior vice chairman and CFO. ``This facility provides ample funding for us to finished the re-equipping of their resort base with the OCX platform in addition to facilitating continued room growth domestically and internationally. on the identical time, the company's leverage continues to be very conservative, with a leverage ratio of two.7.''

On Command business enterprise (www.oncommand.com) is the leading provider of in-room interactive entertainment, internet services, company assistance and visitor features for the lodging industry and its visitors. The company is based mostly in San Jose, California with places of work across the U.S. and all over. On Command business enterprise yearly serves greater than 250 million visitors through just about 1 million rooms in approximately three,450 resort properties in over 22 countries. These resort companions represent over one hundred of essentially the most prestigious inn chains and operators in the lodging industry including Adam's Mark motels and resorts; Bass hotels & resorts (InterContinental, Crowne Plaza, and break inn), Fairmont, four Seasons, Hilton (Doubletree, Embassy Suites), Hyatt, Loews, Marriott (Courtyard, Renaissance, Fairfield inn & home hotel), Radisson, Ramada, Starwood lodges & hotels (Westin, Sheraton, W resorts, four features), and Wyndham inns & lodges. OCX is a registered trademark of On Command employer. On Command is listed on the Nasdaq stock Market beneath the symbol ONCO and its warrants are traded beneath the symbols ONCOW and ONCOZ.

information and statements presented in this press unlock might also comprise ahead looking disclosures, expressed or implied, that are in keeping with the beliefs of administration in addition to assumptions made based on assistance presently available to management. These ahead looking statements and assistance involve risks and uncertainties together with, however now not confined to, the skill of the enterprise to carry capital, future demand for the enterprise's capabilities, accepted financial situations, executive laws, competitors and consumer techniques, capital deployment, the influence of pricing and different hazards and uncertainties. should still one or extra of those hazards materialize, or should underlying assumptions show improper, exact outcomes may additionally differ materially from these described in this press release as anticipated, believed, estimated or anticipated. These dangers are exact every so often in a considerable number of studies filed by On Command agency with the Securities and change commission, including types 10-k (filed for the 12 months-ended December 31, 1999) and kinds 10-Q filed quarterly (and most lately filed for the quarter ended March 31, 2000).

ON COMMAND employer Condensed Consolidated Statements of Operations (Unaudited) (In hundreds, except per share amounts) Three Months Ended Six Months Ended ------------------ ----------------- 06/30/2000 06/30/1999 06/30/2000 06/30/1999 --------- --------- --------- --------- REVENUES: Room revenues $ sixty three,088 $ 59,252 $ a hundred twenty five,474 $ 117,774 Video methods revenue/different 2,681 3,312 5,259 6,023 ------ ------ ------ ------ complete REVENUES 65,769 62,564 a hundred thirty,733 123,797 DIRECT fees 30,061 28,483 60,812 55,943 ------ ------ ------ ------ DIRECT profit 35,708 34,081 69,921 67,854 operating expenses: Operations 8,255 7,041 15,926 14,459 research and building 1,971 2,046 4,078 four,108 selling, established & administration 6,665 6,688 12,518 12,763 ------ ------ ------ ------ complete operating prices 16,891 15,775 32,522 31,330 ------ ------ ------ ------ EBITDA 18,817 18,306 37,399 36,524 Depreciation, amortization, and stock based mostly compensation 22,258 24,314 42,007 47,089 ------ ------ ------ ------ LOSS FROM OPERATIONS (three,441) (6,008) (four,608) (10,565) pastime/other cost, web (three,262) (2,404) (6,556) (4,686) ------ ------ ------ ------ LOSS before revenue TAXES (6,703) (eight,412) (eleven,164) (15,251) Provision for (advantage from) revenue taxes 257 forty eight 363 seventy one ------ ------ ------ ------ web LOSS $ (6,960) $ (8,460) $ (eleven,527) $ (15,322) ====== ====== ====== ====== fundamental and diluted loss per share $ (0.23) $ (0.28) $ (0.38) $ (0.51) ====== ====== ====== ====== Shares used in per share computations 30,477 30,187 30,424 30,180 ====== ====== ====== ====== ON COMMAND corporation Condensed Consolidated balance Sheets (in lots) June 30, December 31, 2000 1999 (unaudited) ------- ------- property current assets: money and money equivalents $ 6,334 $ 8,972 accounts receivable, web 35,739 32,037 other latest property 1,552 1,211 ------- ------- total existing assets 43,625 forty two,220 VIDEO programs, internet 278,230 266,947 PROPERTY AND equipment, internet 19,374 17,644 GOODWILL, web 71,109 73,297 different belongings, internet four,556 2,809 ------- ------- total property $ 416,894 $ 402,917 ======= ======= LIABILITIES AND STOCKHOLDERS' equity present LIABILITIES: accounts payable $ 32,214 $ 31,435 accumulated compensation 5,735 6,431 other present liabilities 19,624 19,146 ------- ------- total current liabilities fifty seven,573 fifty seven,012 other accumulated LIABILITIES 1,720 1,758 REVOLVING credit score FACILITY 205,000 180,000 ------- ------- total liabilities 264,293 238,770 ------- ------- STOCKHOLDERS' fairness 152,601 164,147 ------- ------- complete LIABILITIES AND STOCKHOLDERS' equity $ 416,894 $ 402,917 ======= ======= ON COMMAND enterprise QUARTERLY statistics Q2 2000 Q1 2000 q4 1999 Q3* 1999 Q2 1999 ------- ------- ------- ------- ------- ----------- Room Base information ----------- total resorts three,449 three,416 3,366 three,355 three,308 complete guest Pay Rooms 969,000 958,000 956,000 950,000 942,000 regular rooms per resort 281 280 284 283 285 On-demand Rooms - On Command 815,000 797,000 779,000 762,000 744,000 On-demand Rooms - SpectraVision ninety one,000 96,000 one zero five,000 111,000 114,000 ------- ------- ------- ------- ------- total On-demand Rooms 906,000 893,000 884,000 873,000 858,000 % of total rooms ninety three.5% ninety three.2% ninety two.5% ninety one.9% ninety one.1% Scheduled Rooms (all SpectraVision) 63,000 sixty five,000 72,000 seventy seven,000 84,000 % of complete rooms 6.5% 6.8% 7.5% 8.1% eight.9% domestic Rooms 835,000 827,000 830,000 826,000 820,000 % of total rooms 86.2% 86.three% 86.eight% 86.9% 87.0% international Rooms 134,000 131,000 126,000 124,000 122,000 % of complete rooms 13.8% 13.7% 13.2% 13.1% 13.0% complete Free-to-guest Rooms 530,000 528,000 529,000 528,000 537,000 ---------------------------------------------- working effects & statistics (in hundreds)* ---------------------------------------------- complete profits $ sixty five,769 $ 64,964 $ sixty one,399 $ sixty three,850 $ sixty two,564 Direct rate 30,061 30,751 28,123 29,152 28,483 ------ ------ ------ ------ ------ Direct income 35,708 34,213 33,276 34,698 34,081 Operations expense eight,255 7,671 7,926 7,573 7,041 analysis & building price 1,971 2,107 2,188 2,182 2,046 SG&A rate 6,665 5,853 6,199 6,418 6,688 ------ ------ ------ ------ ------ total working charges 16,891 15,631 16,313 sixteen,173 15,775 ------ ------ ------ ------ ------ EBITDA $ 18,817 $ 18,582 $ sixteen,963 $ 18,525 $ 18,306 ====== ====== ====== ====== ====== EBITDA (twelve months trailing) $ seventy two,887 $ seventy two,376 $ seventy two,012 $ 73,one hundred forty $ seventy two,651 As a % of total salary: Direct profit Margin fifty four.3% 52.7% 54.2% fifty four.three% 54.5% Operations 12.6% eleven.8% 12.9% 11.9% 11.three% research & development 3.0% 3.2% 3.6% 3.4% three.3% SG&A 10.1% 9.0% 10.1% 10.1% 10.7% complete operating fees 25.7% 24.1% 26.6% 25.three% 25.2% EBITDA 28.6% 28.6% 27.6% 29.0% 29.three% Per Room per thirty days: total Room salary $ 21.84 $ 21.seventy two $ 20.ninety six $ 21.seventy seven $ 21.04 total film earnings $ 19.48 $ 19.70 $ 18.99 $ 19.seventy three $ 19.sixteen Direct earnings $ 12.36 $ eleven.91 $ eleven.sixty four $ 12.22 $ 12.10 Operations cost $ 2.86 $ 2.67 $ 2.77 $ 2.67 $ 2.50 EBITDA $ 6.fifty one $ 6.forty seven $ 5.93 $ 6.fifty three $ 6.50 ------------------------------------ balance Sheet & Leverage statistics* ------------------------------------ hobby cost/ total revenue 5.2% 5.three% 5.2% 4.2% four.1% standard activity cost right through duration 7.0% 7.5% 7.1% 6.2% 5.9% Debt/e-book Capitalization fifty six.7% fifty four.0% 52.3% 50.6% 49.5% Debt/ebook fairness 131.1% 117.4% 109.7% 102.3% ninety seven.eight% Debt/one year EBITDA 2.7 2.6 2.5 2.four 2.4 12 months EBITDA/ Annualized activity price 5.four 5.2 5.6 6.8 7.1 * LodgeNet royalty funds are excluded from all calculations. Julie Lucas vice president, Communications (720) 873-3303

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