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Technology Stocks : PARADYNE (PDYN)
PDYN 4.350+1.2%9:36 AM EST
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To: Mike Harnack who wrote (195)10/26/1999 4:30:00 PM
From: Vijay Raghavan  Read Replies (1) of 242
 
Mike, Thanks for your thoughts. But I think question is not about the value of the products, but the perception of the market. I believe as long as the company gets significant part ( about 30%) of the revenue from narrowband products, market may not give the valuation similar to other pure broadband plays. We may have to wait until the paradyne customers 'upgrade to broadband' take place; but then when PDYN becomes a pure broadband play, we donot know where the market will be.
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