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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (2214)	10/22/1998 5:00:00 PM
From: MikeM54321	Respond to of 12823

PS They couldn't have chose better words to scare investor than, "weak international markets." Plus, I didn't paste it below, but there was some fumbling with their financials. It's no big deal, but that is also an EXCELLENT way to scare investors. They should have saved that one for a press release in a couple of weeks.

To: MikeM54321 who wrote (2214)	10/22/1998 5:08:00 PM
From: DenverTechie	Read Replies (1) \| Respond to of 12823

My contacts at ANTEC tell me they expect next quarter to follow the path of this quarter. They are ecstatic about the turnaround from loss in Q2 to substantial gain in Q3 and 25% gain in revenue from year earlier. The warning, coming this early, is not warranted in my opinion. As I understand it, the percentage of international business is small (sorry I don't have the exact numbers), yet they see a potential impact from problems overseas. As far as Malone's hip pocket is concerned, TCI has placed lots of orders, taken some deliveries, and paid for not much. Of course, in this business, you book it when it ships. I think this is one of those "just in case" maneuvers that will unfortunately keep a lid on their stock price in the short term. I wouldn't worry about it too much. With their big gain, they are preparing the analysts and investors "please don't expect this same gain (5 cents loss to 14 cents profit for a 19 cent surge) next quarter". It might not happen and we don't want your expectations too high. That's what this is about. I don't think it will be too bad, and could be a good time to get some cheap if you want to take that risk.

To: MikeM54321 who wrote (2214)	12/3/1998 12:59:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 12823

DenverTechie, Well ANTC does it again. It's too bad they need to drive their stock price down when they have ALREADY warned (see post this response is linked to) before. I guess they want to emphasize their Q4 problems or they are even worse than expected? ANTC may be a good company, in the right place ($900 million AT&T contract), at the right time, but warnings like this are certainly frustrating to an investor. But ANTC is caught between a rock and hard place. If they don't do these warnings, they get a class action slapped on them. If they do them, then their investors suffer. If anyone has been following our posts on ANTC, now may be a good time to invest(IMHO!). I just hope they don't have to, "warn" again. MikeM(From Florida) ___________________________ NORCROSS, Ga., Dec. 3 ......"We are very excited by the opportunities LANcity brings to us and are confident the transaction will be accretive to current analysts' estimates of 1999 revenues and earnings" said John Egan, ANTEC CEO & Chairman. "However", continued Egan, "the fourth quarter of 1998 is not shaping up as anticipated. In our September quarter release we cautioned that the expected ramp-up in international sales was slower than planned. We now see that, although we are optimistic about the resumption in international sales in 1999, sales for the fourth quarter of 1998 will be less than expected."