One thing that worries me is that a 12 month target is not tomorrow.
The last mile here is NOT cheap.
The profit margins here for PROVIDERS is low for now.
It will only trasfer data, YES.
**High frequencies require more
power, he says, and operate in bands that require the payment of licencing
fees to regulatory bodies, making them a less attractive alternative.**
The above is a fine line!!!! It is much better to own your own Frequencie then to be operating in the PUBLIC BANDS!
There are power restrictions in those bands! By Having your own you can CRANK UP THE POWER and not worry about bringing down the local radio station or hospital. Remember the rule about last in first fix!! Everyone wants their own Freq and they are expensive because there are only so many that we have technology for and can operate in due to others all ready being taken.
Just facts.
That also reminds me that the price of WIN is based on hype about a deal with say a major.
Very close to being factored in.
Regards
NP says Wi-LAN offers the last mile -- cheaply
Wi-LAN Inc WIN
Shares issued 18,483,829 Jul 19 close $11.50
Tue 20 Jul 99 In the News
The National Post reports in its Tuesday edition that Calgary-based Wi-LAN
Inc. makes wireless local loops (WLL), Internet hardware solutions for the
"last mile," in effect acting as wireless bridges between wireless systems
and consumers. Investors have been driving up Wi-LAN's stock recently in
hopes that it can be a market player in this burgeoning market. The share
price is up 155 per cent since mid-June and has returned 619 per cent in
the year to date. Analysts had pegged Wi-LAN's 12-month target price at $10
a share as recently as two weeks ago. It closed at a 52-week high of $11.50
yesterday, up $1.80. Wi-LAN's latest product, known as I.WiLL, offers a
high-speed (30 megabits per second) and inexpensive low-frequency solution,
says Barry Richards of Sprott Securities, the underwriter of the company's
recent $15-million special warrant financing. High frequencies require more
power, he says, and operate in bands that require the payment of licencing
fees to regulatory bodies, making them a less attractive alternative.
Another analyst notes the company's key asset is their intellectual
property, which they have under patent protection.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com |
