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This pick is about:
TWTC
| Rating: |
$18.78 (05/15/08)
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| Gain/Loss: |
-17.73%
in
106 days
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| Target: |
$25.00
(+33.12%)
in > one year
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| Allocation: |
0.7% of portfolio
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We upgrade our rating from Hold to a Buy for Time Warner Telecom (TWTC), a leading provider of managed voice & data networking solutions for businesses, as the company has been successful in transforming its offerings as a diversified network services provider to large enterprises and lowering its business dependence on telecom carrier customers. TWTC s first quarter 2008 financial results were significantly above our estimates. The company continues to generate sustaining revenue from enterprise customers, primarily from sales of Ethernet and IP-based services. Growth prospects for the company remain firm as a result of massive demand for bandwidth to implement converged IP-based networks. http://astuk-virtuallystocks.blogspot.com/
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SocialPicks Sentiment on TWTC:
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