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Strategies & Market Trends
Alphanet Telecom (FAX)

An SI Board Since November 1997

Posts	SubjectMarks	Bans
7	0	0

Emcee: wynn quon	Type: Unmoderated

Introduction Compact

Here's one for those interested in a little-known short candidate:
ALPHANET TELECOM (FAX on the Toronto exchange). (NOT to be confused with Alphanet Solutions (ALPH))

ALPHANET Telecom is a company whose main business is supplying
fax machines/services to hotels. Last quarter revenue ended
August was US $2.0M. It lost $2.9 M.

Sounds like a pretty ordinary business. But the catch is that
it is constructing a Voice/FAX over IP network. Say "IP" and
magic things start happening...

The company has about 10M shares and its current price is $19 CDN
or about $14 US. Market cap of $140M US is almost 20x sales.
Short interest is less than 5%.

Target price $3 US within 3 years.

Disclaimer: I've a short position but this isn't a call for you
to do the same. This is only for people who know what they're
doing and don't mind a little excitement. Use appropriate
financial precautions if you venture out on this puppy.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
7	At this level, taking some profits off a short position is a good idea.	wynn quon	-	11/6/1998
6	what is the unexpected cut into their ld billing minutes that they have no con	rdww	-	11/6/1998
5	Hello Wynn....This would be a good time to cover any short position ......what	Tony O	-	11/5/1998
4	Yup. Still around, still short. The big loss in the third quarter was a surpr	wynn quon	-	11/5/1998
3	still around and short today ? eom	rdww	-	11/5/1998
2	Yes, I am still short. The latest financial results released in May confirm a	wynn quon	-	7/10/1998
1	After more than half a year, what is your opinion on FAX? Are you still shortin	WhySoSoon	-	6/27/1998

Go to reply# or date (mm/dd/yy):