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Technology Stocks : AppliedTheory Corporation (ATHY)

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To: Mohan Marette who wrote (6)4/30/1999 6:42:00 AM
From: Joseph Waligore  Read Replies (1) of 98
 
Mohan, I would buy some at $16 just for the promise of future growth. Looking at the IXC thread, there are lots of clouds over IXC (revenue growth is basically flat, the stock's price hasn't moved that much, aggressively looking to be bought but no one wants to buy them), but their fiber optic network seems really solid. That is what is important for ATHY. If ATHY could grow its revenue, it could do be mini EXDS or ABOV. At least it is in same space and has a shot to be like them. A shot at a great increase in price like EXDS is worth a risk, although it could take some months and people might want to see good news from them of new customers and proof of revenue increases.
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