re: ANDA Files for $86M IPOYou have been in Ciena for 7 months. How did you feel. Since they buy "world wide packet" , you must be useful for them. I can't understand whether it is true that they are very bad to companies that do anything other then optics
re: ANDA Files for $86M IPOThat's a LOT of revenues coming from one customer, albeit a big one. BT will likely give it a new stream, but wouldn't investors feel a bit happier if the spondoolics were a bit more spread out?
re: ANDA Files for $86M IPOThere is no solid information on valuation in the S-1, but there were 26mm pre-money shares outstanding. I will guess that they are talking about an $8-10 range because anything less would be a little odd. That gives them an IPO enterprise value perhaps in the range of $250mm based upon $18mm in revenues for the first three quarters of the year.
Compate this with ADVA which has an enterprise value of $267mm based upon trailing twelve month revenue of $345mm. ADVA has a better EAD and is the primary supplier to 21CN. ANDA is a secondary supplier that was just named. ADVA hasn't executed well this past year, but they are profitable. ANDA is not.
re: ANDA Files for $86M IPOcien try to buy anda and now they try to buy us. i hope they do not buy us as they are very bad to companies that do anything other then optics. Spoke to some of there engineers and did i get scared, please don;t let this happen. us is world wide packet
re: ANDA Files for $86M IPOThis could be the start of mini-bubble or a disastor waiting to happen. If Anda can go public on $19M then a whole generation of startups can as well. Many telecom companies are struggling as public entities and they are far superiror to ANDA.
I will see how it is far superiror to ANDA.