Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: brogan who wrote (18915)	2/18/2000 7:36:00 PM
From: Ken W	Respond to of 29382

brogan: DRAX: Remember doc that was a monthly chart so we need to finish the month above that number. The volume today was great so I would not expect to see 2 again. Today was very ugly for most stocks, but did present some great trading opps. for next week. TCPI was a mover today too. Got it for a half....on a 2 dollar stock that is not too bad. ANET: The position traders are waiting for this one. Buying in the morning, then selling after 10am if the news don't hit. (a birdie told me that)LOL Maestro Sergio es en el casa, no se hablar por poquito tiempo. Ken

To: brogan who wrote (18915)	2/18/2000 8:54:00 PM
From: Sergio H	Respond to of 29382

Hi Brogan. I'll be playing catch up this weekend on the stocks you mentioned. ANET was included in an INVESTools report this past week. Have a look: A Stellar Tech Balance Sheet (ANET) "Seldom in my 13 years of working with (famed value investor) Al Frank have I seen as clean a statement of assets and liabilities as the one that now belongs to ACT Networks (ANET)," says John Buckingham. In particular, he highlights $45.3 million in cash & equivalents, a current ratio of 17.9 to 1, zero long-term debt, minimal goodwill and no preferred stock. "How's that for a tech balance sheet," he asks about his stock of the month for February 2000. ACT Networks makes and markets wide-area network access products that enable the convergence of voice, video and data. ACT's products are particularly popular as they allow service providers and enterprise customers to build converged networks that scrimp on both bandwidth and the budget. Stock in ACT has declined steadily over the past nine months, and management recent losses on a troubled North American distribution partner and delays in rolling out a new product line. But Buckingham sees reasons to be optimistic. For instance, ACT Networks recently landed a contract to provide its NetPerformer products to the Chinese government's new "Golden Taxation Network." NetPerformer will be the first integrated access device to tie directly into the Chinese public phone system, and management forecasts it will boost digital voice capacity eightfold and cut the cost for key applications in half. "Because the company owns $4.41 a share in cash and investments, and 'bandwidth' and 'China' are hot technology buzzwords, we would buy ANET up to $8.40 as our three-to-five year target price is $17," Buckingham says. The stock sold near $11.50 on February 15, 2000. For more on John Buckingham's advice see "Stock of the Month," February 2000, The Prudent Speculator. Al Frank and John Buckingham recommend out-of-favor stocks trading for low valuations relative to what they think the businesses will be worth over the next three to five years. Independent watchdog Mark Hulbert lauds The Prudent Speculator as the top performing investment newsletter for the past 15 years and eight years as well as the number three letter for the past five years ending 6/30/99. For a 30-day free trial go to: investools.com *********A word from The Prudent Speculator ********* *********************************************************