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/
$18.78 (05/15/08)
