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Technology Stocks : PARADYNE (PDYN)
PDYN 4.285-0.3%3:59 PM EST
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To: Vijay Raghavan who wrote (188)10/26/1999 2:39:00 PM
From: Mike Harnack  Read Replies (1) of 242
 
Vijay

Respectfully.....

The "narrowband" stuff may be declining in sales revenue, but still enjoys great margins. As for its value, keep in mind that Paradyne
has hundreds of thousands narrowband devices already out there in service today.
What a great springboard to conversion into broadband technologies.
No one else in the xDSL space can look to an installed base like that for growth possibilities. These are corporate customers that already look at Paradyne as a "household" name. They continue to own the major market share of that segment.
There's no rush to abandon these products as they still bring in revenue to fund the development of future products.

Mike
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