SI
SI
discoversearch

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 : Advanced Radio Telecom (ARTT) -- Ignore unavailable to you. Want to Upgrade?


To: SteveG who wrote (581)4/13/1999 10:18:00 AM
From: MangoBoy  Read Replies (1) | Respond to of 1176
 
[BTAB: reiterates Advanced Radio Telecom 'buy']

By almost any measure, ART appears to NOT be participating fully in the current local loop excitement. We are reiterating our "buy-2" rating and $14 12-month price objective based on our heavily discounted 10-year DCF. While we use a 25% discount rate to reflect the imminent need for financing, using our standard 20% discount rate (which we would apply if ARTT were to announce a strategic investor had been found) would imply a $20 price objective.

see full report on the new Broadband Wireless Access access thread started by SteveG: Message 8873890