Convergent Communications, Inc. -(CONV) Message Board

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

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To: mrvn t. martian who wrote (101)	1/20/2000 4:17:00 PM
From: sunny	of 105

mrvn get your disappointment on CONV but actually andreas is right. the germans seemed to conceive this rather good than bad news in the first place. i'm not as pessimistic on CONV as the market seems to be right now. CONV has some excellent revenue growth that is starting to accelerate again. You heard it right: they are expanding faster than the last Q. Top line growth will be 100%+ over 90% in the third Q (each YoY). in germany convergent traded up to 16$/share today. those who bought it at the high will regret it by now. but the float is too thin in germany to draw any conclusions on the us market. i'm pretty sure about convergent returning to the 20s by mid-year. when they get to improve the bottom line this will be a stock to watch. in this industry its peers trade at a P/S somewhere in the high teens. With CONV trading at 2xannual sales right now it seems there's a long way to go for its stock. The risk/reward ratio on CONV is a fraction of that of other inets these days, just IMHO of course... Keep the faith - i will with a pretty huge stake (relatively to my other hodings). best regards sunny

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