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Technology Stocks : CWSS - A new dog with the same fleas? -- Ignore unavailable to you. Want to Upgrade?


To: RCJIII who wrote (51)4/4/1999 11:36:00 AM
From: SteelerStu  Respond to of 102
 
ATEL FROM RB BOARD:

Valuation
by: mikeycpa
892 of 896
I agree that the value in ATEL is in its line of sight households. All of the MMDS
wireless companies that made moves this week (ATEL,CWSS and PCTV)all lose
money. CWSS closed at 9 1/2 last week which gives it a market cap of
approximately 164,000,000 or approximately $26 per line of sight household. If
ATEL has 10,000,000 line of sight households, applying the CWSS multiple
would put ATEL at a market cap of 260,000,000 or $10 per share. As the news
wires have indicated, WCOM will file with the SEC its controlling interest in
CWSS by mid April. I compared ATEL's Balance Sheet to CWSS's at December
31, 1998 and found them both to be relatively weak and if anything, ATEL's was
the lesser of two evils with $11 million in cash compared to CWSS $2 million.
Also CWSS has capitalized $49,000,000 of Goodwill and deferred financing costs
(funny money) compared to ATEL's $2 million. My ATEL guesstimate is between
$5 and $10 per share.



To: RCJIII who wrote (51)4/17/1999 10:56:00 AM
From: zx  Respond to of 102
 
how about a $24 dollars stock.

congratulations to this thread.

(i mean the new stockholders.
the prebankrupcy stockholders were really ________________________________ sorry.)



To: RCJIII who wrote (51)7/9/1999 1:30:00 PM
From: Ms. Baby Boomer  Read Replies (1) | Respond to of 102
 
Gee, shoulda coulda woulda ... can't own em all. Sorry I missed that particular Faber Report, wasn't tuned in. Congrats RCJ, just stopped by to visit an old thread > back to lurking ... see ya ....

Happy trading & investing!