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Technology Stocks : MWAV-M WAVE COMM

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To: FIFO_kid2 who wrote (57)2/17/2000 6:02:00 PM
From: Tom Hua   of 443
 
I have my doubts that LU and MOT can
shoulder all of the burden to show respectable sales growth.


Jeffrey, doubt no more. Sales to LU alone is projected between $15 to $20 million this year. The numbers are based on recent orders from LU since September plus guidance from LU. As you can see, sales to LU will exceed the company's revenues for the entire 1999 (about $11 million). For comparison, revenues generated from LU amounted to less than $5 million last year.

Just for your information, the company is working on getting new customers including Ericsson, Qualcom, Nokia, Alcatel, and PowerWave. Stay tuned.

Regards,

Tom
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