SI
SI
discoversearch

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 : Equinox Systems (EQNX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scott H. Davis who wrote (613)8/18/1998 4:47:00 PM
From: Pirate  Read Replies (2) of 765
 
Interesting product - finally something that plays real well in the remote access market. The only other company I'm aware of that is serious in this (low-end) segment of the market is Ariel (ADSP). $13M in revenue, (13M) in net income (loss), trading at 13 times book value with a valuation of $54 million!!!!

Eqnx is trading at 2X book, $45M valuation, 28 million in revenue and solidly profitable. This new product of theirs walks circles around the Ariel product. Great for OEMs so I'd keep an eye out for new OEM deals on this new product. If Ariel can maintain their valuation basing an entire company on this type of product, imagine where eqnx should be given their wide array of products, profitability, oem deals, cash on hand, etc...

Also like the fact the eqnx is positioning the new product towards the ISP market (as ilustrated on one of their web pages). Maybe they'll even grow up and start competing with products like those from Ascend, Cisco, and sorts.

Stay tuned....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext