Typical scenerio of investors panicking today, and confusing the Gems with the slew of other names. The big boys have and they like what they see, but don't want you to know this, as they tank it to load this company up. In fact i think the action here today was almost planned. 50% tank on some of the most impressive earnings for any company i have personally seen this quarter.... on a "DSL Slowdown".. that is absurb.. these guys have begun to go global.
The financials on this company are steller in my opinion and the Q4, Q1 01" et. al. will be very impressive as well in my opinion.
siliconinvestor.com
siliconinvestor.com
Also this PR yesterday says a lot to me,
"Our expansion into additional markets is evidence that we are maintaining a healthy pace of steady growth," said Rick Tinsley, president and chief executive officer of Turnstone. "Demand for DSL is surging throughout the world, and incumbent carriers and competitive local exchange carriers everywhere are eager to implement a solution that has firmly established its abilities to minimize time to market with premium services and reduce ongoing operational costs."
siliconinvestor.com
and the huge increase of European, Asian, and Forign mkt sales are going to be surge, they are just ramping(so far ONLY 19% in Q4 revs and growing rapidly) ... I feel that these revs will be even bigger for them the US. sales, rising huge on a % of revs. So anyone that thinks that that this company is over is Far mistaken in my personal analysis. I think may will be shocked when that Q4 is strong and again above where analysts have projected, mainly due to the Forign sales that are just begining.
It seems that we have a classic case of retails being taken advantage of, while the big institutions are loading this, the poor retail investors are selling right to them,.....
Turnstone Sys TSTN Dain Rauscher Wessels $105 10/18/00
cnetinvestor.com |
