Cents and Sensibility - Kimberly and Friends' Consortium 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.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ga Bard who wrote (11711)	7/15/1999 11:48:00 AM
From: Kimberly Lee	Read Replies (3) of 108040

thanks, Gary. bought both STRX and VRGN, looking great. More about EFNT per Briefing:Efficient Networks (EFNT) N/A: designer of high-speed digital subscriber line equipment prices 4 mln share IPO at $15 per share, the top of the upwardly revised range; CS First Boston serving as lead underwriter of the deal..... 14-Jul-99 13:30 ET Efficient Networks (EFNT) : Broadband... DSL.. Cisco... This is about all the information needed to determine if Efficient Networks will be a successful IPO. Few of the traders who bid this stock up on its debut will take the time to dig into the company's financials or ask questions about margin projections or competitive outlook. The fact that EFNT competes in the hot digital subscriber line market will be enough to make the stock a priority "investment" candidate... The Business: Efficient Networks designs high-speed digital subscriber line customer premises equipment for the broadband access market. The company's systems have been deployed by leading telecommunications services company's such as BellSouth, Covad Communications, Hong Kong Telecom. In this space, EFNT competes with publicly traded companies Systems (CSCO), 3Com Corp. (COMS) and Netopia (NTPA)... This morning, lead underwriter CS First Boston raised the pricing range on the deal from $10-$12 to $13-$15. Assuming a $15 pricing, EFNT would have a trailing Price/Sales ratio of 69 and a market-cap of $540 mln... Financials: For the 9-months ended March 31, the company lost $14.1 mln (compared to yr-ago loss of $5.8 mln) and logged revenues of $7.14 mln (up 164% from the 1998 period). In the first nine months, Covad Communications and Lucent Technologies accounted for 19.6% and 10.2% of EFNT's net revenues. Several of company's strategic partners hold equity stakes, including Texas Instruments (11.6%) Siemens AG (10.3%) and ADC Telecommunication (5.9%). -DS Search Complete

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next