Convergent Communications, Inc. -(CONV) Message Board

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

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To: Henk Wondergem who wrote (66)	11/18/1999 11:43:00 AM
From: Sofa Kingdom	Read Replies (1) of 105

Do you think CONV would be considered an internet stock? I looked closely at them and don't think that's the best description. They did provide programming for the Egghead web page and they do aggregate bandwidth (provide ISP service) in select locations. They also provide computer/network hardware and support services for companies (ala G.E. Capitol or CompUSA). They have their fingers in lots of pies. It creates an interesting concept (i.e. one stop shop) but can they deliver on all fronts? What are they best at doing and where do they concentrate their efforts (and their resources) for the greatest gains? I don't know the answer to that question. By their own decree they are not targeting fortune 500. They chose the forgotten 2000 (medium size business) as the target market. To me this combines into a riskier proposition than a company that has more singular goals. Bigger players than CONV have backed out of some of these profitable and growing markets (for others). CompUSA got out of the network services market. Does CONV know something the bigger companies don't? Clever packaging will garner some interest, but will CONV garner share in markets where the competition is fierce and the margins are thin? I'm not in CONV right now. I believe the rewards are better in other companies (at similar or lower risk levels). I'm trying to buy up as much UPS as I can before the bigs get there. It's price is right up there. I normally stay in true technical offerings (PSIX, GALT), but I believe UPS will benefit from e-commerce (possibly over the Christmas season and shortly thereafter). The logic being whichever web company makes the sale it always has to be shipped. I consider the risk in UPS to be much lower than CONV. Sofa, so good. If you invest and CONV turns way up you're welcome to an 'I told ya so'. I believe it will be a long time in coming. -Sofa Kingdom

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