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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (1894)	9/9/1998 10:33:00 AM
From: MikeM54321	Read Replies (2) of 12823

Earlier I wrote: "With regards to RELTEC (symbol:RLT), you're right. They are definitely a competitor and RLT is much, much larger. But RLT operates in four major areas, only one of which competes directly with CHNL. But I can't figure out how large this particular division is? "Their products are very similar. RLT makes both plastic and metal enclosures. As a matter of fact, from a layman's point of view, they look like copies of each other. I'm not sure how to evaluate RLT since it is so large and has so many divisions? RLT has a market cap approaching $2 billion. CHNL only $.1 billion. Quite a substantial difference. I don't have the time to do an analysis on RLT vs. CHNL. I was hoping you would tell me you didn't know of any direct competitors." _______________________ Thread, I knew the Reltec (symbol:RLT) news of this morning (see below) rang a bell. Earlier Ray mentioned they were a competitor to Channel Commercial (symbol:CHNL). RLT has gotten beat up VERY badly lately. In reading their press release, I noticed two items of note that could possibly effect two other companies mentioned on this thread. CHNL and Dycom Industries (symbol:DY). It's in bold below. I'm simply thinking outloud and nothing more. But I could see either, CHNL or DY mentioning the same type of problems. Neither has that I'm aware of. But just thought it was interesting enough to post in case there are some who follow DY and CHNL on this thread. MikeM(From Florida) _______________________ RELTEC Indicates Third Quarter Results Likely ToBe Below Current Street Expectations CLEVELAND--Sept. 8, 1998--RELTEC Corporation RLT today announced that third quarter financial results will not meet published analyst expectations, principally as a result of the impact of three extraordinary issues and circumstances that are viewed as unique to 1998's third quarter. First, threatened and actual labor strikes at several major U.S. telecommunications carriers disrupted planning and construction during July and August. The Company sees this impact dissipating with the resolution of these contracts. Second, seasonally abnormal weather in the southern U.S. shifted some major account activity away from construction and into maintenance and repair of existing lines.

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