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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: Samuel Lee who wrote (227)7/16/1997 3:46:00 AM
From: Kerry Lee   of 669
 
Thanks for the timely response. I did not listen to any conference call but I like the direction this appears to be heading. I'm hearing Book-to-Bill ratios in the 1.2 - 1.3 range as well as beefing up of the saleforce in the past 6 months ( hiring people from companies like Level One ). Sounds like a classic turnaround situation and an opportunity to buy low/early before better revenues/earnings visibility attracts back the institutions in a big way. This is a stock for investors ( not traders ) who can sit patiently for at least a year and be rewarded down the road ( 12 - 24 months ) with prices in the 20-40 range.
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