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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Tim McCormick who wrote (5179)	9/10/1999 12:43:00 AM
From: Bernard Levy	Read Replies (2) of 12823

Tim: The 2Mbps data rate advertised in the AMPD news release is nothing special for broadband wireless equipment (CAMP, DMIC, and all MMDS/LMDS component manufacturers make similar or higher performing line of sight transmitters/receivers). The news release was written to generate the maximum hype by referring to 35 times dialup speeds. The float is very small (2 million shares), which will make AMPD tricky to short, but there is really nothing that justifies a 25 times sales valuation. Best regards, Bernard Levy

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