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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (681)	9/3/2000 11:31:52 PM
From: Jack Hartmann	Read Replies (1) \| Respond to of 6920

W) Quick and Loose on EVOL Rated A WATCH A software/consulting & integration company, whose software, LNP, is providing for next-generation and Network Element solutions. Local and long distance companies are using this software to better serve their customers. 03-Jun-99 11:00 -- 12:00 ET Evolving Systems Inc (EVOL) 5 1/8 +1/2: BancBoston Robertson Stephens upgrades software provider to telecommunications companies from "market perform" to "long term attractive"; Q2 revenue estimate goes from $9.0 mln to $9.8 mln..... 19-Jun-98 11:00 -- 12:00 ET Evolving Systems (EVOL) 9 15/16 +7/16: BA Robertson Stephens downgrades from "buy" to "long-term attractive"..... 16-Jun-98 09:30 -- 10:00 ET Evolving Systems Inc. (EVOL) 16 5/8 +1/8: BA Robertson Stephens initiates coverage of provider of Operational Support Systems software solutions to telecommunications companies with "buy" rating; according to firm, EVOL is a pure play on the mandated trend toward local number portability, an essential component of local telecom competition; expects to see growing demand for company's broad-based local number portability software applications as carriers prepare to implement portability nationwide..... Revs 9.8 to 10.8 to 11.1 to 11.7 to 14.1M Jun00 EPS -.04 to .03 to .04 to .02 to 05 Jun00 dailystocks Chart one long consolidation since bottoming out at $4 in June. 200/10/50 stack. Dumped big at the end of May. Evolving Systems, Inc. is a provider of selected software solutions and services that enable telecommunications companies to address the technical challenges to its Operational Support Systems (OSS) and Network Elements (NE) created by the industry's rapidly changing technology, competitive pressures and regulatory environment. The Company's main product, the LNP software solution, enables carriers to meet the requirement that customers retain local phone numbers when changing service providers. It has been selected for use by two of the five Regional Bell Operating Companies (RBOCs) and two local and long distance carriers. 52-Week Low on 1-June-2000 $3.00 Recent Price $6.438 52-Week High on 14-Feb-2000 $15.219 Daily Volume (3-month avg) 42.7K Daily Volume (10-day avg) 27.0K Market Capitalization $81.8M Shares Outstanding 12.7M Float 5.70M Price/Book (mrq) 2.14 Price/Earnings (ttm) 46.99 Price/Sales (ttm) 1.79 Debt/Equity (mrq) 0.01 Total Cash (mrq) $13.3M Short Interest As of 8-Aug-2000 Shares Short 32.0K Percent of Float 0.6% ENGLEWOOD, Colo., Jul 24, 2000 /PRNewswire via COMTEX/ -- Evolving Systems, Inc. EVOL, a market leading provider of software solutions to enable the next generation of telecommunications and Internet companies, today disclosed details of its financial performance for the second quarter ended June 30, 2000. Evolving Systems reported record revenue for the quarter ended June 30, 2000 of $14.1 million, a 44% increase over the same quarter one year ago and an increase of 21% from the previous quarter. The Company closed new contracts in excess of the reported revenue resulting in a substantial backlog for future quarters. Fully diluted earnings per share were $0.05 compared to a loss of $0.04 in the period ended June 30, 1999 and $0.02 last quarter. The financial results for the second quarter exceeded First Call/Thompson Financial consensus analyst revenue expectations of $12.4 million by 13% and met consensus earnings expectations. During the quarter, the company developed substantial new features in extending its Local Number Portability (LNP) product suite and broadened its penetration into the ILEC, CLEC and telephony infrastructure markets. These LNP enhancements were developed within Evolving's standard business model, by which customers fund technology initiatives while Evolving retains any intellectual properties that may result. The Company believes that the unique LNP features position Evolving Systems well for future sales to both existing and new customers in the wireless and wireline industries. While LNP license fees increased substantially this quarter, other services revenue increased only moderately causing those services revenue components to be a smaller percentage of the expanded total revenue. LNP revenue represented 54% of total revenue, systems integration revenue was 14%, wireless data applications were 16% and custom development services were 12%. "As we expected, Evolving's expanded marketing and sales program is delivering considerable LNP and wireless data business while expanding our market share in the overall telecommunications industry," said George Hallenbeck, chairman and chief executive officer of Evolving Systems. "At the same time, our wireless data applications business is expanding rapidly through the addition of new wireless customers including Aether Systems AETH." "We believe these financial results demonstrate that our business fundamentals are very sound and that Evolving Systems will continue to be a high growth company. Our marketing and sales success proves our customer centric business approach to be correct. Our employees strive to be the best at developing and integrating superior software solutions to our customers that are also very profitable for us." Summary Apparently May dump was a quashed buyout rumor. Lonely stock with no one interested when looking at daily volume. Suppose to double EPS next year and it should make it. March earnings hurt as it was a step in the wrong direction. Need another quarter to evaluate. $4 entry is safe bet. Probably never get there. I would like to get in lower. Also this phone protability issue seems limited. Seems to be a 60% annual grower in rev and 100% in EPS. PE is low for this stock. Will track it or a while. Jack