CARRIER ACCESS (CACS)

[Zaphod]

OK. Where can I find data?

I have my first thoughts in order, but I lack historical revenue data. Where did 60, 80, 100M run-rates match the curve?

In '99 CACS went from <20 to >60 in less than one year, following a trend line EXACTLY like the recent climb.

To do that again, we need to see something like a 100M run rate with prospects for 250M.

P/B will be fine, with 100M new cash.
P/E will be a function of growth and product mix. With revenue up, this will get better, but prod dev'p will grow, too, which means slows profit growth.
P/S is the issue. 20% growth is possible, but unlikely without new markets or products. CACS needs RBOCs, int'l, VoIP, and wireless to hit the next home run.

My bet is acquisitions and other outside growth will be needed. If so, CACS will certainly try to do so. Will they succeed?
Zap