LAST MILE TECHNOLOGIES - Let's Discuss Them Here Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stephen L who wrote (7314)	6/14/2000 6:00:00 PM
From: MikeM54321	Read Replies (1) of 12823

Stephen- The, "riser," story rises again.<g> I recalled a previous series of posts where I ended up questioning the valuation of the players....found it. March 8th I wrote the following: ________________ GHowe- Not trying to be facetious, what am I missing? ARCC Rev $2 mil / Market Cap $1.8 billion / Head Count 261 CYCO Rev $6 mil / Market Cap $1.0 billion / Head Count 191 FTGX Rev $0 mil / Market Cap $.58 billion / Head Count ? I really don't understand what they offer to be valued at these extreme market caps? The only thing I can think of, is 100% of their work force must be of Einstein level IQs. But seriously, where is the value in these players? What barrier to entry do they have that Qwest can't go and put together their own team to do the same work? Or how about a Cisco/KPMG partnership. Aren't they in the same space? CSCO has already sunk a billion dollars into training the KPMG guys to do the same thing I believe the riser guys will be doing. KPMG might farm out the grunt work, but the rest of the brain work, KPMG does. Thanks for any further insights. -MikeM(From Florida) Message 13120466 _________________ Stephen- So anything change the fundamental outlook from what we discussed about three months ago? I see the market cap has taken a 43% haircut. Headcount moved up to 425. Sales has jumped up to $1.4 million in Q100 with a loss of $39 million or so. So does the "fiberless optics" give you more confidence in their ability to execute a financially sound business plan? Seriously, I'm still not trying to be facetious. I'm wondering if there is some reason you have more confidence in ARCC than say three months ago? Even with a 43% haircut, they still appear to be seriously overvalued. Thanks. -MikeM(From Florida)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next