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Technology Stocks : ACNS: American Communications Services

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To: Mahesh who wrote (61)12/30/1997 6:30:00 PM
From: PAUL ROBERT ST. ONGE  Read Replies (1) of 102
 
You obviously lack the proper research skills, to understand the industry or the stock in general. Any company that is rapidly growing,
will go through alot of cash in building infastructure. Without a doubt, the balance sheet could be better. But to make assumptions based on your outline is simply rediculous. If you know anything about the markets ACNS is in, or their planned markets, you would know what this means to the bottom line. Revenues from zero to $10 million plus, is an amazing feat, and sequentially all the more important. I suggest instead of investing in stocks by the here & now, how about envisioning their future? If you do some intensive research, I believe you will come to the opposite conclusion. I would place the near term value roughly $20-24, and $30+ within twelve months. Certainly not a bad return!
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