My friend's view is that both ASFT and ATGN are potential winners and both have won all sorts of awards. However, ASFT has captured the attention of institutions and analysts with a terrific product mix, quality, open architecture, an outstanding sales force and and working relationships with Dialogic/Intel, and now Toshiba for distribution. Furthermore, their reseller program is really starting to make a difference in the sales cycle. Furthermore (and who isn't these days!), they are RUMORED to be coming out with a Linux version of the Televantage product some time in the near future.
He also believes that ASFT is migrating from being in the low-margin networking hardware biz to becoming a high-margin software/portal model focused on its flagship product, TeleVantage. TeleVantage currently represents only 25% of sales. Also, ATGN's burn rate is much higher than ASFT. Also, ASFT may spin out communication software business.
Finally, ASFT seems to now know the meaning of shareholder value and not only does the price of the stock reflect this, but so does the quality of the current mgt team.
I'm by no means a telephony expert...far from it...all I know is this guy has made two recs to me to date: ASFT and QCOM and both have been terrific...again, not to say that ATGN is not a winner as well, especially with this space being so hot. |
