Here are parts of Eric J. Savitz's Barrons column with bullish comments on USRX titled: "After its Lightning Sprint to 7000, The Dow Pauses for a Breather"
<<Like a number of other managers, Wick has begun taking a second look at the beaten-down networking stocks. He recently bought back into U.S. Robotics, for instance, on the theory that the company has cleared up a lot of the issues surrounding its new X2 modems. (Last week, the company came under renewed fire over new delays in shipping the hotly anticipated modems.) ``We're also taking a hard look at Ascend,'' Wick adds, ``and we've become interested in Fore Systems again.''>>
<<Paul Meeks, director of research at Oakland-based Jurika & Voyles, has been rummaging for networking bargains, as well. He, too, considers U.S. Robotics to be ``a wonderful opportunity.'' While the company's modem business gets most of the attention, Meeks points out that Robotics gets about 20% of revenues from it networking systems business. It's a business about the same size as Ascend, a key rival. Put the same value on U.S. Robotics' systems business that the market gives Ascend, he says and you'd get the company's huge modem business for free.>> |
