Technology Stocks | AVCI


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To: Oeconomicus who wrote (103)8/20/2001 11:35:37 AM
From: que seria   of 190
 
I got putted at 5 Friday, expect to buy more but waiting on a possible firesale this month or next. If/when the company gets new orders from major carriers there should be quite a pop. Still, it may be better risk management to buy after such orders, assuming they'll help validate the products and beget more orders. I expect that view, and the depressed long haul sector, is why AVCI is languishing.

What optics-focused companies do you like for the metro space?

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To: que seria who wrote (104)8/20/2001 11:55:01 AM
From: Oeconomicus   of 190
 
What optics-focused companies do you like for the metro space?

Haven't looked. Any suggestions? Rapid growth with improving margins, reasonably (bargain) priced, and no need to raise additional capital.

Bob

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To: CrackerJack48 who started this subject8/20/2001 1:33:24 PM
From: Oeconomicus   of 190
 
Avici Systems Captures 7.5 Percent of High-End Router Market
biz.yahoo.com 

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To: Oeconomicus who wrote (105)8/20/2001 2:48:55 PM
From: que seria   of 190
 
That would be ONIS, which I bought twice last week, and
will buy again. Now that I own some, I want to see where the market goes this month, and add only on a downdraft. I also recently added OCPI and FIBR to complete a basket of beaten down optical plays, but lightly compared to ONIS.

The odds favor a .25 point cut tomorrow. It is priced into the rate futures, and thus as neutral as can be for a continuation of the trend. No comfort for long positions.

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To: que seria who wrote (107)8/20/2001 2:51:28 PM
From: Oeconomicus   of 190
 
Re the Fed, it's not what they do, but what they say. Of course, if they do anything other than the qtr point expected, then it IS what they do.

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To: que seria who wrote (107)8/20/2001 4:29:41 PM
From: bob zagorin   of 190
 
take a look at MRVC which is an optical incubator and owns the majority of LMNE among mnay other assets. you'll need to spend some time with DD because there's a lot there. they raised their guidance slightly after this Q. fwiw.

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To: bob zagorin who wrote (109)8/20/2001 6:37:04 PM
From: Johnny Canuck   of 190
 
Anyone know the conditions force a company to delist from the Nasdaq? AVCI is now below $5.00 which is one of the conditions of listing in the first place (above $5.00 for 60 day I believe and a market cap bigger than some fixed amount.). I wonder if that applies for delisting a company. At the current price I would imagine a lot of mutual funds can not hold this company, which might be accelerating the slide.

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To: Johnny Canuck who wrote (110)8/20/2001 7:18:22 PM
From: G_Barr   of 190
 
Doesn't look like they are in danger of de-listing yet:

nasdaq.com 

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To: G_Barr who wrote (111)8/21/2001 3:04:34 AM
From: Johnny Canuck   of 190
 
G,

Thanks, I was not sure of the delist conditions.

This stocks is getting beaten down pretty badly with the rest of the sector like CORV, MRVC, LMNE, OCPI, CIEN etc...

They had 167.2 million in cash when they reported. They have a 20 to 25 million dollar burn rate per quarter as per management. That give them about 142 mil a the end of this quarter. There are 49.1 mil shares outstanding, so that give them $2.89 per share cash. That is about a 25 percent premium over the cash asset value of the company share.

The 10 percent sequential growth over the strong last Q appears to be what is hurting this company. As a momentum play, no one pays for slowing sequential growth.

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To: Johnny Canuck who wrote (112)8/21/2001 3:08:29 AM
From: Johnny Canuck   of 190
 
Does any one have the details on this report? What was the total market value? What period are the nubmers from? It might be possible to see how much AVCI has shipped to date this Q, if we can get more details. I can't remember the guidance on linearity for last Q and this one.

********

Monday August 20, 1:12 pm Eastern Time
Press Release
SOURCE: Avici Systems
Avici Systems Captures 7.5 Percent of High-End Router Market
Continues to Increase Market Share in Fastest Growing Router Market Segment
N. BILLERICA, Mass.--(BUSINESS WIRE)--Aug. 20, 2001--Avici Systems Inc. (NASDAQ:AVCI - news), a leading provider of scalable core routing solutions for intelligent IP-over-optical networks, today announced that according to industry analyst firm Dell'Oro Group, it has captured 7.5 percent of the OC-192c-capable Internet core router market, which is the fastest growing segment in the WAN market. In Q2 2001, Avici's market share in this segment grew by 36 percent; more than double the segment's 16 percent growth. In addition, Avici nearly doubled its share of the overall WAN router market to four percent from 2.1 percent in Q1 2001.

``Avici continues to make great strides in the core router market, despite challenging market conditions,'' said Steve Kaufman, president and CEO of Avici Systems. ``Our market share gains are evidence that carriers are responding to Avici's economics of scalability value proposition.''

Avici's TSR (R) scalable core router has solved one of a carrier's most fundamental problems --finding a way to cost-effectively scale the network ``in-service'' to respond to new traffic requirements or new service roll-outs without annual forklift upgrades. Avici Systems' carrier-class technology provides service providers with the reliability, scalability and robustness to introduce intelligent new services quickly and economically to the marketplace.

The Dell'Oro Group is a market research firm that specializes in providing accurate and timely data on the networking industry. Dell'Oro Group's WAN Report tracks Multiservice WAN switches-Core & Edge, WAN routers-Core & Edge, WAN routers-Broadband Aggregation, DWDM-Long Haul, DWDM-Metro and SONET/SDH. The WAN Report focuses on detailed quarterly analysis of market size, market share, port/unit shipments and average selling prices as it pertains to markets and vendors.

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