SI
SI
discoversearch

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


To: Brian E who wrote (102)4/10/1998 3:48:00 PM
From: daniel brodan  Respond to of 377
 
I have been watching this stock for a couple of months...All I can say is that this company is now been looked at by all the large institutions and fund managers...I mean only a couple of weeks ago it never traded above 80,000 shares now its 5 times the volume (it even beats RNWK in daily volume)...I talked to the investor relations dept.. I think earnings will be out next week...Company seems to have grown up to 400 people?? I guess being a internet providers' provider can make a nice aquistion target for a major Bell company??? Just my thoughts... Especially when it seems some providers are using DSP instead of ISDN.. There seems to be some new growth in this area??? I think we will hit 35 soon especially after providing some real profit from Yahoo....Brodan from NY.....



To: Brian E who wrote (102)4/13/1998 9:58:00 AM
From: Tekktrader  Read Replies (1) | Respond to of 377
 
Hi Brian and fellow CNCX investors/watchers. To answer your question, Concentric's CEO said something to the effect that he was "obviously confident" about CNCX's 1Q earnings.

I agree with you about CNCX being undervalued, compared to other ISPs, and the growth rate does look promising. With the remainder of that $150m laying around after the Internex acquisition, I would guess that we can look forward to more acquisitions, as well as additional revenue deals. I think CNCX is a winner.

Good luck to us all....