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Technology Stocks : Convergent Communications, Inc. -(CONV)

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To: JoeWeinberg who wrote (64)11/1/1999 7:09:00 PM
From: FruJu   of 105
 
Look at CONV's relative valuation with several other telecom companies (all figures in millions):

I don't quite understand how you put EXDS in there, since it's primarily a web-hosting and data-housing business, not a telecomms business.

However, the extremely low valuation of CONV suggests that either the market just doesn't know about the company (something I find hard to believe with Goldman Sachs being the underwriter), or the market thinks there is something seriously wrong at the company (more likely with the departure of the CFO).

If it's the former, then I'll buy more as soon as it starts to show some signs of strength, but until then I'll stay on the sidelines.

Fru!
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