Wall Street’s High Flyers

Companies with highest ratios of market value to annual sales. A high “price-to-sales ratio” usually denotes a company that is expected to show explosive growth.

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4/18/97 1996 Price/ mkt. value revenue sales Rank Company (millions) (millions) ratio 1 Affymetrix Inc. $570 $12 48% 2 Yahoo Inc. 844 27 31 3 Redwood Trust Inc. 482 16 31 4 Advanced Tissue Sciences 408 17 24 5 Protein Design Labs Inc. 520 23 23 6 Gilead Sciences Inc. 689 33 21 7 Pixar Animation Studios 662 38 17 8 CNET Inc. 243 15 16 9 ThermoLase Corp. 426 29 15 10 ISIS Pharmaceuticals 387 27 15 11 Vivus Inc. 754 53 14 12 Molecular Biosystems Inc. 147 11 14 13 Wesco Financial Corp. 1,550 111 14 14 Glenborough Realty Trust 284 21 13 15 Sunstone Hotel Investors 200 15 13 16 Vitesse Semiconductor 997 83 12 17 Incyte Pharmaceuticals 503 42 12 18 McAfee Associates Inc. 2,163 181 12 19 Dura Pharmaceuticals 1,504 126 12 20 Genelabs Technologies 154 13 12 21 Siebel Systems Inc. 450 39 11 22 Tejon Ranch Corp. 216 19 11 23 Amati Communications Corp. 156 14 11 24 IDEC Pharmaceuticals Corp. 324 30 11 25 Orckit Communications Ltd. 143 14 10 27 Microcide Pharmaceuticals 118 11 10 28 Catellus Development Corp. 1,136 111 10 29 Agouron Pharmaceuticals 1,034 101 10 30 Infoseek Corp. 154 15 10 31 Sugen Inc. 139 14 10 32 Zitel Corp. 216 21 10 33 Linear Technology Corp. 3,674 365 10 34 HNC Software Inc. 379 39 10 35 Realty Income Corp. 557 57 10 36 SmarTalk TeleServices 144 15 10 37 BroadVision Inc. 102 11 9 38 Catalytica Inc. 150 16 9 39 Arden Realty Group Inc. 542 60 9 40 Kilroy Realty Corp. 351 39 9 41 Cymer Inc. 573 65 9 42 Select Software Tools 126 14 9 43 Bay Apartment Communities 724 83 9 44 TriNet Corporate Realty 673 77 9 45 Nationwide Health Properties 862 99 9 46 Amylin Pharmaceuticals 311 36 9 47 Scopus Technology 440 51 9 48 Aspect Development Inc. 210 24 9 49 PeopleSoft Inc. 3,838 450 9 50 International Network Services 590 69 9 51 COR Therapeutics Inc. 158 19 8 52 Veritas Software Corp. 454 54 8 53 Visigenic Software Inc. 115 14 8 54 Altera Corp. 4,076 503 8 55 Meridian Industrial Trust 282 35 8 56 Wind River Systems Inc. 514 64 8 57 Puma Technology Inc. 93 12 8 58 Gemstar International Gr. 454 57 8

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