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Technology Stocks : ASANTE (ASNT)
ASNT 0.0002000.0%Sep 7 5:00 PM EST
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To: Steve Morytko who wrote (61)1/16/1998 4:43:00 PM
From: yehuda fruchter  Read Replies (1) of 116
 
1st quarter is not their strongest quarter. Have to wait till second half of year before chucking this one (wait until they come out with the RISC product). I too was dissapointed with the numbers, but, this has already been reflected in the stock price. Currently the stock is trading beneath tangible book value, a situation which I find quite ridiculous. The company is still in excellent financial condition for a company its size. I still can't believe it has not been taken over yet.
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