ACT NETWORKS 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 : ACT NETWORKS

ANET 125.02

+2.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Phoenix who wrote (2266)	8/1/1998 5:20:00 PM
From: huntin	Read Replies (1) of 2326

This quarter ending Balance Sheet has $5.11 in cash and short term investments. Further, there is $1.88 in receivables. The two total $6.99 which is not too shabby for a $7 stock with no debt. Your statement is correct. It cannot go much lower unless they bleed red ink for an additional quarter or two more. With the cutback in staff and facilities coupled with a move to the high growth products, they might again perform like a winner. I jumped back in because of the balance sheet. I would like more information on their technical capability and where they are heading with Frame Relay to ATM and IP. I have read all the marketing press for over a year and visited their web site many times. I would prefer insight from people that sell, design or use anet's or the competition's products. If you or anyone reading this post has information, I would appreciate the time. huntin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next