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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (2737)	7/20/2001 12:03:12 AM
From: frankw1900	Respond to of 24758

Yes. Everytime I read one of those articles on 'fibre-glut', I ask, "Whose glut?" These guys make fibre and the preforms and their sales keep growing and growing. It's a tiny company and they have a $300 mil backlog, much of it take or pay. So not everyone is glutted, far from it. biz.yahoo.com biz.yahoo.com They are selling into the metro market, mostly. Competitors are Corning and Lucent but I think FBCE comes in under their radar. It's the alternative if you don't want to deal with them or just want another supplier. The ROI isn't great yet. But it's growing. It has been a buy when the market tanks because it goes down so much further. They've just been put in the Russell index so I don't know if this behaviour will continue. Corning's sales are not growing so fast but they are still selling enormous amounts of fibre. This is the commodity side of the industry, as it were, and demand is high and presumably it's coming from businesses which expect to make money from it. If I saw copper producers getting this kind of demand I'd expect to see parts of the (eg) construction industry doing a lot of business. This is argument from analogy, (reasonable one, I think), but given that FBCE is selling into the Metro-net market it spurs me to look further at companies like RSTN.

To: ahhaha who wrote (2737)	7/20/2001 12:39:09 PM
From: Keith Monahan	Read Replies (1) \| Respond to of 24758

Been watching INSUA lately - they specialize in rehabilitating underground water pipes. The have a patented process to install a polyester/fiber tubing within existing old pipes to eliminate much of the digging and trenching. Announced quarterly revenue yesterday of $135 million and EPS of 42 cents but are down 10 points today to $33. There are concerns regarding margins, but it seems like an overreaction to me. Any thoughts on the company or technology?