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Technology Stocks : ASANTE (ASNT)
ASNT 0.0002000.0%Sep 7 5:00 PM EST

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To: smallstocks who wrote (77)4/22/1998 1:51:00 PM
From: phoenix  Read Replies (1) of 116
 
smallstocks,

UGLY? UGLY? You say UGLY? I don't see how the numbers could be any uglier.

Slap me upside the head with a 4 x 4. This one just makes me mad. Mad as crazy. I did my DD. The fundamentals on this company are solid. My independent reports from those in the industry were positive. Then the company has a quarter like this. I was expecting great numbers. Couldn't have been more wrong.

On the plus side, the company still has good fundamentals if they can regain the sales revenues and at least make 1997 margins. PSR is .4, PB is 1.1 (after losing $.5M), debt is 0, outlook for the industry is positive.

Time to strap it in and hold on.

Roger
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