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

To: Jerry Ginz who wrote (122)	4/28/1998 4:23:00 PM
From: Tekktrader	Read Replies (1) \| Respond to of 377

Don't get down, Jerry Ginz! Don't know where you bought at, but this baby is coming back big time before the year is over. Did some research and found out that there was a screw up with the First Call consensus estimate for 1Q because one of the houses that follow CNCX forgot to update its estimates and account for charges related to the Internex acquisition. Turns out that CNCX's earnings came in at or slightly better than what was expected from UBS and Unterberg Harris and the screw up with First Call was what triggered the press reporting a "negative surprise". Analysts were allegedly very satisfied with CNCX's revenue growth and better than expected EBITDA. This stock, IMO, is undervalued compared with ELNK and MSPG, and has a bigger upside because of focus on the business-to-business as opposed to consumer markets. Good luck.