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Technology Stocks : Concentric Network Corporation (CNCX) -- Ignore unavailable to you. Want to Upgrade?

To: Brian E who wrote (100)	4/10/1998 8:04:00 AM
From: Tekktrader	Read Replies (1) \| Respond to of 377

Nice to see some activity on this thread! Hard not to be bullish on CNCX, at this point. Based on the CEO's comments on CNBC the other day, I would expect earnings to come in at or better than analysts' expectations. Also, Concentric appears undervalued compared to the other ISPs, especially in view of the fact that its has a more stable business customer base than the consumer ISPs ELNK and MSPG. The business market also allows CNCX to provide value-added services with higher margins, compared with consumer dial-up access. Add into all this the fact that Concentric raised $150m to make acquisitions in this consolidating market, and I think you are right about a $35 price, although I'm not sure it will happen that quickly. Good luck y'all.