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To: Dee Jay who wrote (9177)6/23/1998 12:49:00 PM
From: Michael H. Dragon  Read Replies (1) | Respond to of 42804
 
Dee Jay, With the end of the quarter upon us and if they were going to hit their numbers the whole offering seems DUMB.Perhaps they are finishing up a terrible quarter and want to raise the capital before the stock really tanks.



To: Dee Jay who wrote (9177)6/23/1998 2:08:00 PM
From: Michael H. Dragon  Respond to of 42804
 
I think it is safe to say from my conversations with Dr. Ravnoy that the money won't be used to buy Madge, Lannet or Plaintree. About all he would say is that they expect to have revenues around 1 billion dollars per year in 2-3 years and that acqusition would be needed along the way.He also said that they were working on a full blown Dense WDM system that will hopefully be ready in about 1 year.



To: Dee Jay who wrote (9177)6/23/1998 2:45:00 PM
From: Ronald D. Stange  Respond to of 42804
 
Wait and See:

Just call over to Chatsworth and Littleton:

1) Management working at warp speed.
2) Board meeting in couple of weeks (will bring tape recorder this time).
3) PRU coverage conditional for handling placement.
4) Corporate goal - $1B revenues within 3 years.
5) Earning still targeted for July 27th.
6) EdgeGuardian fits very nicely in IXC, LEC and CLEC central offices.

Ron