re: getting smashed today ..down 20% It will be interesting to see if the market corrects somewhat. I believe it was oversold and think it likely that it will trade back up to at least 1.3 dollars in the short term... but it is unlikely to get back up to the 1.7 dollar mark until the company proves its claim that the revenue slippage is just that.
I picked up some at the cheaper prices.
This is a proven business model with strong revenues and fantastic margins. I believe growth to be assured given the increasing importance of wireless technologies, particularly in regional areas. Notice in the news recently about Austar looking to gear itself to expand and become a major player in the regional market... tci will likely pick up any contracts associated with such expansion.
TCI
total communications infrastructure limited
