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 : Avtel Communication (AVCO) -- Ignore unavailable to you. Want to Upgrade?

To: CoffeePot who wrote (82)	11/12/1998 9:20:00 PM
From: umbro	Read Replies (1) \| Respond to of 461

I wonder what the company is referring to when they say their product is 50x's faster than a "conventional modem" now. I was curious too. Found a FAQ on the net (there were lots of them). eto.org.uk ADSL - Asymmetric Digital Subscriber Line Asymmetric means that a higher speed is available from the exchange to the user (downstream) and a slower speed from the user to the exchange (upstream) . For example the user can download web pages or videos at high speed, but can only send at a significantly lower speed. Capability varies with distance - up to 9 Mbps downstream can be supported up to one mile from an exchange and 2 Mbps up to three miles. 64 kbps is the usual upstream speed. Note that the distance is the length of the cable, because of the way networks are routed a 3 mile cable may mean only 2 miles physical distance. ADSL can operate in parallel with conventional analogue voice telephony over the same line. And the summary of AVCO from Marketguide: Business Summary Avtel Communications, Inc. is a provider of broadband network services integrating voice, data and video solutions for individuals and corporate customers. For the six months ended 6/98, revenues fell 12% to $23.7 million. Net loss totalled $3.8 million vs. an income of $173 thousand. Revenues suffered from a reduction in sales by affiliated distributors for Matrix. Earnings also suffered from a decrease in gross profit margin, and an increase in salaries and wages. Recent Earnings Announcement For the 3 months ended 09/30/98, revenues were 10,589; after tax earnings were -1,209. (preliminary; reported in thousands of dollars) With only 1.9 million in float, it is easy to see why this stock flew. Saw a note saying NASDAQ suspended trading on AVCO, pending an explaination from the company. My guess is this stock opens a _lot_ lower when they resume trading.