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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Phil Jacobson who wrote (4686)	5/12/1998 1:57:00 AM
From: Cary C	Read Replies (1) \| Respond to of 29382

>>Great company for the sector they're in but next few months could be rough as 30% of revenue is from Asia. << The amigo's considered that Phil. What really interested us in the stock at first was the recent volume. When we looked closer and saw the amount of cash along with their balance sheet (especially no debt)we were a lot more comfortable. In addition, they still managed to modestly increase both revenues and income from the previous fourth quarter despite Asia. Management has also shown a willingness to repurchase stock >>Cash and short term investments increased about $8,000,000 despite stock repurchase and capacity expansion. << we also like this comment made by management, >> ''We continue to focus our efforts in the telecommunications segment of our business which, we believe, will be our future growth area.'' << Now if we only knew someone that had some experience in the telecommunications field. Any ideas? <gg> We were looking at this one for more of a short term play but were comfortable with the downside risk and stability of the company if the volume recently appeared to be for no reason to be able to hold this one for a long term play if we had to. Cary