This stock is simply undervalued. It is a web play with profits. What I can not understand is why more brokers do not cover this stock? Why isn't there more info on a stock that moves from 30 to 50? I'm in and long, 60 looks like a putt, the charts say 80. The P/E on this stock should be around 100. From the digging that I have done the competition is ATON, and FDRY. FDRY just got a mention from Individual Investor, http://biz.yahoo.com/ii/000609/industry_000609.html FFIV is not mentioned but some of the story is related.
ATON has LESS revenue, Huge losses and valued at 3 times FFIV. Look for FFIV to hit $150 by the end of the year.
Alteon WebSystems, Inc. is a provider of next generation Internet infrastructure solutions, including switches, server adapters and software, optimized to meet the specific challenges of managing Web traffic. For the nine months ended 3/31/00, net sales totaled $58.1 million, up from $18.4 million. Net loss increased 98% to $17.1 million. Results reflect increased sales of Web switch products, offset by additional personnel and stock compensation costs.