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Technology Stocks : InterSpeed Inc-(ISPD) -- Ignore unavailable to you. Want to Upgrade?


To: Sam Nizam who wrote (72)11/6/1999 1:01:00 PM
From: cdtejuan  Respond to of 223
 
Actually I believe that ISPD will be good for a quick bounce, yes, DSLN is the example, and we closed in the zone of the ipo price, what is support so far, and I believe that it will taking off soon. if you are happy with 30% or are gready and pray for 100% that depends on the traders style. I believe that I will be able to bail with 30% next week, but I speculate for a doubler, and will watch it closely. ISPD has shown that people are willing to pay pay 20$$ or more for it. Once the first ralley takes place, the daytraders will jump in and those who sold ipo shares full of frustration will buy in again.

As for the news rumor, read this somewhere on yhoo, I believe. but take this post from yhoo FWIW:
-----------------------
Re: Asking ISPD for Info - Rec'd! 11/2/1999 12:52 pm EST
by: lil_rocket_2000 Msg: 26 of 56
Hi folks, Steve Ide at Interspeed returned my e-mail personally via phone
> call this morning. Here are some of the salient points regarding my
> conversation with him:
>
> * Analysts expectations for upcoming fy (Oct99 - Sept 2000) are for
> sales of $17.6m, his perception is that this figure is easily
attainable
> * We spoke about the late delivery of the $400k of equipment which
> didn't make it to be reported for the quarter ended Sept 30. The good
news
> is that, of course, this will be reported as income in the current
quarter.
> The circumstances surrounding the unfortunate timing of the delivery
boiled
> down to missed communications between Interspeed and the client and
since
> the equipment was "on the truck" but the because of the missed
> communications with the client, the truck couldn't leave the warehouse.
He
> is taking the responsibility for the "slip" and he indicated that they
would
> work diligently to avoid a similar occurence in the future.
> * There is a lot of investment in marketing and sales. Ide must be a
> consummate salesman (while on the phone with him, a fund manager had
arrived
> for a meeting, he asked his assistant to put this person on hold for 15
> minutes because he was on the phone with "a very important investor" -
hey I
> like that!) More to the point though, Interspeed has hired away
> marketing/sales talent at Sr. Levels from some very high profile
companies.
> The list includes Alcatel, Redback systems, Lucent, Newbridge, Converse
> Technology, and Livingstone.
> * The sales and marketing team is really plugged in to the telecom
> marketplace and seems impressive enough.
> * Interspeed active accounts have increased from 10 to 50 over the
> last quarter, pace of expansion increasing
> * Series of significant announcements coming out as early as this
> week, and certainly in the very-near term
> * Announcement of a major client sale coming out in the next 2 - 4
> weeks
> * Very big into the Real Estate (MTU/MDU market) . Announcements soon.

> * Company is striving for profitability earlier than what has been
> predicted . (2001)

> * Marketing strategy will be to develop the "brand" name of the
> company so that it is well recognized throughout the industry.

In summary, he is very approachable and encouraged me/any interested
shareholder or prospective shareholder to contact him at their leisure.

Ciao.

------------------------------------------------------------------------
Posted as a reply to: Msg 13 by lil_rocket_2000