ACNS: American Communications Services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ACNS: American Communications Services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim detwiler who wrote (15)	7/3/1997 12:24:00 PM
From: Mahesh	of 102

Jim, Now you are talking, there is a tremendous world of difference between "bought" and "an offer to buy". <<In Wall Street Journal two weeks ago it mentioned that AT & T bought SBC to get their hands on Pac Bell>> I do not disagree with you that infrastructure is a strong asset. However there are many companies building this infrastructure and despite the growing demands of bandwidth, bandwidth is actually getting cheaper. ACNS has tremendous liabilities on their balance sheets and is burning cash at a high rate, look at their quarterly statement. As far as comments by someone else on the thread on MCI connection. I do recall reading that MCI has an investment in this company (i.e. owns a small percentage of stock). As fas as BFPT is concerned, the recent runup in BFPT follows a 40% drop earlier in the stock from low thirties to low twenties. BFPT is well managed and is not burning cash at such high rate as ACNS. BFPT has decent revenues and the recent runup is due to statements and speculation of an interest of takeover or purchase of BFPT by Worldcom.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next