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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MikeM54321 who wrote (2214)	10/22/1998 5:08:00 PM
From: DenverTechie	Read Replies (1) of 12823

My contacts at ANTEC tell me they expect next quarter to follow the path of this quarter. They are ecstatic about the turnaround from loss in Q2 to substantial gain in Q3 and 25% gain in revenue from year earlier. The warning, coming this early, is not warranted in my opinion. As I understand it, the percentage of international business is small (sorry I don't have the exact numbers), yet they see a potential impact from problems overseas. As far as Malone's hip pocket is concerned, TCI has placed lots of orders, taken some deliveries, and paid for not much. Of course, in this business, you book it when it ships. I think this is one of those "just in case" maneuvers that will unfortunately keep a lid on their stock price in the short term. I wouldn't worry about it too much. With their big gain, they are preparing the analysts and investors "please don't expect this same gain (5 cents loss to 14 cents profit for a 19 cent surge) next quarter". It might not happen and we don't want your expectations too high. That's what this is about. I don't think it will be too bad, and could be a good time to get some cheap if you want to take that risk.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next