ASTX Message Board - Msg: 5134436

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Technology Stocks : ASTX

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To: Toby who wrote (165)	7/8/1998 5:43:00 PM
From: Josh M. Jance	Read Replies (1) of 275

Clearly ASTX is trading at a significant discount. Even with the projected 5-10% drop in quarterly revenues this company is still trading well below revenues of around $9 per share. The only real concern for ASTX investors is the sale of shares to finance cash flows. The good news is that management used the revenues from this sale to pay down their debt. If you take a look at their balance sheet (link below) it looks like shareholder equity grew about 30% more than can be accounted for by the issuance of the stock. fe.freeedgar.com Bottom line; I'll be surprised if ASTX isn't trading above 13 by this time next year.

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