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

To: BCfan who wrote (19187)	3/11/2000 10:49:00 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

BC: Thanks for the information on SLNK. I could not help but notice that since Jan. 29 you have posted on 8 different threads of SI about SLNK, just about the same time you stopped posting about UNFY. I can only assume that your profits from that sale went into SLNK. (not bashing, just observing) We generally like to hear about a stock prior to it moving up nearly 500% over the past 52 weeks. SLNK has made some great alliances of late and will no doubt continue to do so. A couple of things that concern me though is the coverage by only 1 broker with a moderate buy and restating estimates from .07, 90 days ago to .03 in the last 30 days. Another concern is 5 insiders have filed 144's to sell since the first of the year. Another is the price to sales of over 12. Isn't that a rather large ratio for cost of sales? Agreed this is a very aggressive, growing company, but again, another concern is the negative EPS growth rate assigned by the broker covering the stock. Also I noted in your post that the only actual sale of the wireless system has been to Nokia. All of the others appear to be "in Q4" or being digested. Is there or is there not sales to these other companies? BTW CMDL is a NASD stock not NYSE. Thanks again for the heads up Ken

To: BCfan who wrote (19187)	3/11/2000 11:09:00 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

BC, SLNK: Just a little more on SLNK from the 4Q of 99 and and year end. For the fourth quarter of 1999, the company posted total earnings of $0.21 per diluted share on net income of $4.1 million, compared to earnings of $0.07 on net income of $1.3 million for the fourth quarter of 1998. Fourth quarter results include a tax benefit of $0.10 per diluted share from the recording of a deferred tax asset relating to net operating losses and tax credit carry forwards. Quarterly earnings per share exclusive of the tax benefit are $0.11 per diluted share, a 57% increase over earnings of $0.07 per diluted share a year ago. Fourth quarter revenue from sales and service was $11.2 million, compared to revenue of $10.0 million in 1998. It would appear that except for the benefit derived from the defferred tax asset they would have not performed as well as you stated. Also, Q4 rev from sales and service was only just over 10% above Q4, 98. There is a good deal of boiler plate in this report, but the numbers just don't come out the same as what you had posted. Going back in the news releases and in reading the SEC I don't see where the company has directly sold any system to anyone. It appears to me that the majority of their sales are through third party resellers. Just doing some Due Dilly Ken