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Biotech / Medical : Depotech(depo) -- Ignore unavailable to you. Want to Upgrade?

To: Cymeed who wrote (384)	12/10/1997 9:38:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 887

<<Well, Dear Mr. Network, you can probably give us some lead on those network companies at the same time you join the discussions between those doctors who are more keen in the biotech sector.>> An excellent trade! I accept. I will give you two for starters (I follow a dozen). <<BTW, what network stocks do you feel good at this moment ? COMS, BAY, Newbridge seem all suffering from sales deterioration. Hardware companies found themself in a very hard situation. True ? Would appreciate your opinion on the side line.>> I will offer one post here (since I don't publish my E-Mail address) Please forgive me for being off topic. Two excellent choices would be MRVC and ASND. MRVC is a small company with 30 consecutive quarters of growth. It was growing at over 100% per year the past 4 years and has now slowed down to only about 90%. It is relatively unknown and significantly undervalued at the moment. It has a balance sheet like Fort Knox ($80M cash, no debt). It is positioned in two of the fastest growing areas, Fast and Gigabit Ethernet (market is projected to go from $70M this year to $2.9B by 2000 - thats 40 times!), and Fiber Optic products. They are currently positioned with the broadest product line and are in the process of doubling their sales staff to handle their rapid growth. They are expected to report an excellent Q4 in late January. If interested, call their Investor Relations department (818-886-MRVC) and ask for an Investor's kit - excellent reading. ASND has been clobbered recently because of problems with 56K modems and temporary slowdown in Europe and Japan this Summer. The stock has had all the premium wrung out of it this year, going from $80 in January to a low of $22 last week (now $27). The problems are behind them, they have signed several large contracts and they have major new products coming out in January. They have reiterated they will have a good Q4 several times (earnings in January) and also confirmed a good 1998 is in the offing. To top it off they are extremely likely to be acquired within the next year (rumors swirling again now). I have every confidence in the stock moving to upper $40s or higher by the end of next year. Their PE is now 1/2 that of CSCO, the leading company. OK, enough pollution of your nice thread. I'll try to stay on topic (not that I can contribute much) in the future.