Artisoft (ASFT) Sleeper about to wake? Message Board

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Technology Stocks : Artisoft (ASFT) Sleeper about to wake?

ASFT 0.267

0.0%

Jan 9 9:30 AM EST

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To: Lee Grisham who wrote (755)	8/23/1998 11:46:00 PM
From: raefon	Read Replies (1) of 810

Hey Lee, The company had cash of $18.5MM at the end of Q4(June 30,1998). At $2.00 the company has a valuation of $29.08MM, or just over $10MM for all of its businesses. That is ridiculous. At these levels the company is a great risk. I don't think it was the distribution agreement that moved the stock Friday, but what the press release indicated. It appears as though there were some new features included in the description of Televantage that were not included in the first version. The company has indicated that they are working on the next version. The comments in the press release might lead one to believe that they are close to shipping the next version of Televantage. I noted the CT review and felt it was very positive.

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