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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (4107)	8/5/2000 12:31:28 PM
From: xcr600	Respond to of 30051

Tim, here's the catch. They are more than insurance company as they have a fairly large Venture Capital arm. Sort of an incubator hybrid. Their best performing holding right now is NUFO. Trying to place a fair multiple on the company and their earnings has been a bit on an enigma. 2Q was weak as the ipo market and the net sector took a nose dive. This Q should be better. Fundamentally they are cheap. The VC holdings is worth about 1bln if I recall correctly and the market cap right now is just south of 1bln. This doesn't even take into account the insurance biz, annuity biz, etc. They also pay a nice dividend. Portfolio link of public holdings-- siliconinvestor.com There is a thread on SI that is fairly quiet but most of the posts are very informative. Subject 32095 Earnings are due Aug 14 soon as is another ipo- VINA(week of 8/7). Might be enough to propel that coming breakout. <g> From RedHerring-- BROADBAND BOOM One offering that may stand out is Vina Technologies (proposed symbol, Nasdaq: VINA). The $65 million offering from the Fremont, California-based company, which provides broadband communication equipment used to deliver bundled voice and data services, bears a very close resemblance to that of Accelerated Networks (Nasdaq: ACCL), in both the company's business model and its offering size. Accelerated Networks closed its first day of trading in June with a 219 percent gain when it offered 4 million shares to the public. Investors will no doubt be looking for a similar opening-day gain from Vina's 5 million-share offering, priced at $12 to $14 per share by Lehman Brothers. But investors need to be aware of Accelerated Networks's recent slide back to earth: The stock was unable to sustain its opening day run-up and is now trading only 30 percent above its $15 offering price. While still a strong beginning, investors might want to keep this in mind as Vina debuts this coming week. redherring.com

To: Logain Ablar who wrote (4107)	8/5/2000 12:32:22 PM
From: xcr600	Respond to of 30051

Tim, here's the catch. They are more than insurance company as they have a fairly large Venture Capital arm. Sort of an incubator hybrid. Their best performing holding right now is NUFO. Trying to place a fair multiple on the company and their earnings has been a bit on an enigma(how do you? this is such a unique combination of businesses). 2Q was weak as the ipo market and the net sector took a nose dive. This Q should be better. Fundamentally they are cheap. The VC holdings is worth about 1bln if I recall correctly and the market cap right now is just south of 1bln. This doesn't even take into account the insurance biz, annuity biz, etc. They also pay a nice dividend. Portfolio link of public holdings-- siliconinvestor.com There is a thread on SI that is fairly quiet but most of the posts are very informative. Subject 32095 Earnings are due Aug 14 soon as is another ipo- VINA(week of 8/7). Might be enough to propel that coming breakout. <g> From RedHerring-- BROADBAND BOOM One offering that may stand out is Vina Technologies (proposed symbol, Nasdaq: VINA). The $65 million offering from the Fremont, California-based company, which provides broadband communication equipment used to deliver bundled voice and data services, bears a very close resemblance to that of Accelerated Networks (Nasdaq: ACCL), in both the company's business model and its offering size. Accelerated Networks closed its first day of trading in June with a 219 percent gain when it offered 4 million shares to the public. Investors will no doubt be looking for a similar opening-day gain from Vina's 5 million-share offering, priced at $12 to $14 per share by Lehman Brothers. But investors need to be aware of Accelerated Networks's recent slide back to earth: The stock was unable to sustain its opening day run-up and is now trading only 30 percent above its $15 offering price. While still a strong beginning, investors might want to keep this in mind as Vina debuts this coming week. redherring.com