What”s ahead for the county”s public companies?
Everybody knows "Success Lives Here," but they may not realize Gwinnett is home to nearly 30 publicly traded companies. You could pack your portfolio without a dollar ever crossing county lines.
But what does the future hold for these firms? With Cisco Systems” recent purchase of Scientific-Atlanta, might there be a trend following suit in 2006? What quiet little companies may explode on to the scene? Who might tumble?
Following are A to Z snapshots of these companies compiled from a number of stock reporting services.
Gwinnett Company Snapshots
AGCO Corporation (NYSE: AG) is a Duluth-based international manufacturer and distributor of agricultural equipment and related replacement parts. It is a mid-cap value company in the capital goods sector and is expected to significantly outperform the market over the next six months with less-than-average risk.
Noteworthy in 2005: James M. Seaver, senior vice president and general manager, Americas Group, retired. Over the past five years he has served the company as senior vice president for sales and marketing, and CEO of the AGCO Finance Group, and senior vice president of Worldwide Sales. Prior to that time he served the company in various other senior officer positions.
Alliance HealthCard (OTCBB: ALHC.OB) sells membership cards to individuals through agents, brokers, third-party administrators, associations, employers and direct sales. The card allows people to receive discounts from a network of providers for dental, vision, pharmacy, cosmetic surgery, chiropractic, alternative medicine and hearing services.
Noteworthy in 2005: The AHC Network currently consists of over 400,000 providers nationally as well as several thousand hospitals, and is growing every day with the addition of new providers to the company's networks.
ARRIS Group (NASDAQ: ARRS) is a global communications technology company that provides a range of broadband access products and services. ARRIS Group, a small-cap value company in the technology sector, is expected to significantly outperform the market over the next six months with average risk.
Noteworthy in 2005: Cablemás, Mexico”s second-largest cable company with a service area of more than 1.5 million homes, has selected the ARRIS Cadant C4 CMTS to provide advanced voice (VoIP) and high-speed data service to its customers.
BAS Consulting (OTCBB: BASU.OB) is a development stage company that operates as a consulting firm. The company provides consulting services to technology, service, and manufacturing companies; business development companies; and financial services companies and others considering investments in technology companies.
Noteworthy in 2005: The company restructured the way a large wholesale drug firm delivers drugs to its retail drugstore customers, imp