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Technology Stocks : NOPT: Northeast Optic Network, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (424)8/1/1999 11:41:00 PM
From: ynot  Respond to of 708
 
thanks Tom, this is pathetic on one hand and great on the other
pathetic that the company would have the guts allocate it
great that they would disclose it
i think NOPT has disclosed the brutal truth
not sure how many longs have taken the time to read it
i appreciate your findings, as always
ynot :)



To: Tom Hua who wrote (424)8/2/1999 12:56:00 AM
From: Dan B.  Read Replies (1) | Respond to of 708
 
Of course, the 71.4 million backlog to be received over the course of 17 years increased by around 15-20% over just a 2 month period. Get your calculator going, how would that total up in say, 10 years? :-). The company reported 472% revenue growth compared to year ago Q. Employees have increased from 15 to 41 in a year. Major firms are customers, major firms are equipment suppliers. Capital expenditures are ongoing and strong(they'd better be, if Neon expects increasing revenues in the future). Stated expectations are for margins as high as 65% when they are finally finished with the current build-out. Management clearly states, and somewhat emphatically so, that they believe Neons financial footing is quite strong- they can build it on out. Again, major customers seem to be finding use for Neons products. Hmmm..maybe they are on to something?

Dan B