Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Davox -- Ignore unavailable to you. Want to Upgrade?

To: RBattman who wrote (320)	7/22/1998 5:51:00 AM
From: Patrick Sharkey	Respond to of 439

If the by First Albany downgrade from strong buy to buy took place, it was based upon the analysts' revenue shortfall (based upon his prediction) of $1.7 million. More specifically, the analyst was looking for top line growth, year over year, of 30% -- the number than I believe Davox was comfortable with, but the revenue number came in just above $24 million, represented 20% growth year over year but not the 30% growth anticipated. The PE is still below the growth rate, and the "well-positioned statement appears to be true given the partners that Davox is running with.