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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: SMALL FRY who wrote (48548)7/6/1999 9:58:00 AM
From: puborectalis  Respond to of 120523
 
NASC...the Covad of the eastcoast utilizing Bell Atlantic lines...stock ipo'd the wrong week along with other ipo's that have recovered very nicely....DLJ recommendation last week....thin float...great DSL potential now that the consumer area is penetratable due to lower line rates as dictated by the gov't as part of the merger conditions with the baby Bells.

Network Access Solutions Corp. is a provider of data communications solutions to businesses through product sales, consulting services and network services, including high speed data transmission services using DSL technology. For the 3 months ended 3/99, revenues rose 87% to $4.8M. Net loss applic. to Com. totalled $2.8M, up from $13K. Results reflect increased product sales, offset by continued expansion of the network and increased staffing.