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 : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (970)	1/13/2003 8:12:12 PM
From: Ken W	Respond to of 23958

Sergio Had a feeling you'd like PCTI as the wi-fi pure software play. Joe found my source, although from a different site. <GGGGGG> I've been looking for one like it since you have mentioned wi-fi a couple of times. If I've learned nothing else it is to pay attention when you "mention" a sector with little or no fan fare. (means you are looking) LOL That being said, I guess it is time to take a look at some individual water stocks..I hate funds. <GGGGG> BTW, have you ever seen something like this before? siliconinvestor.com Now, take it to the weekly level and drool!!!! <GGGGGGGG> Ken BTW, nice site (Investtech)..you are cheating again.

To: Sergio H who wrote (970)	1/13/2003 8:12:31 PM
From: Crossy	Read Replies (2) \| Respond to of 23958

Sergio, I'd like to forward another idea of mine .. STOR (Storage Networks) $ 1.17 (NasdaqNM) It will require some patience as it seems locked in a bottoming out trading range of $0.90-$1.80. The fact that's trading below cash, has gross margins of > 50% and already EBITDA positive, plus in the SOFTWARE industry, in one of the better segments: storage networking software makes me very confident of its potential. This looks like a great undervalued restructuring + growth opportunity: Storage Networking Software. CFO Flanigan who cut out all the fat of this mini-conglomerate was elevated to CEO. And the restructuring goes on. While revenues haven't slacked too much, Gross Margins are up huge, from 20% to 50%. STOR is already EBITDA positive. Cash per share at $1.55, Book value per share $2.15 at leat. Very little debt. Most recent employee reduction should enable STOR to achieve even higher gross margins >60% IMHO and profitability by the current quarter. I believe take-out value would be around $3, longer term perspective on some segment strength $5-10... Catalysts would be the announcement of the current quarter, a Reverse split (would be positive announcement here) to reduce outstanding shares or more insider buying. Goldmann Sachs already gobbled up cheap shares and now owns more than 7m or 7% of the company. My kudos go to cudawuda (often posting at RatDog thread) who prompted me to explore this company.. rgrds CROSSY