Today's feature stock: NOIZ, profitable wireless play, 5 1/2. Float is only 2M, and the company will be presenting at the BlueTooth Conference starting today until Thursday. (Credit must go to Frederick for pointing out the BlueTooth connection) Less than 2 weeks ago it ran to 8 without Bluetooth, and I would expect it to break 8 this time.
ISSUE DATA (12/03/99) PER SHARE DATA RATIOS
Price $ 4.38 EPS (TTM) $ 0.09 P/E (TTM) 51.47
52W High $ 8.88 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 1.25 Book Value $ 1.23 Price/Book 3.57
Shrs Out 3.76 Mil Cash $ 0.24 ROE (TTM) 7.12 %
Float 2.00 Mil Rev (TTM) $ 1.38 ROA (TTM) 5.26 %
Mon. Vol 5.09 Mil Curr. Ratio 5.44
Beta -0.07 LT Dbt/Eqty 0.18
BRIEF: Micronetics Wireless Inc., is a manufacturer of
specialized radio frequency components and test equipment
used in cellular, microwave, satellite, radar and
communications systems around the world. For the 6 months
ended 9/30/99, revenues increased 28% to $2.8M. Net income
increased 12% to $255K. Revenues benefitted from
acquisitions. Net income was partially offset by staff
expansion & increased marketing and advertising activities.
Micronetics Introduces Equipment for Testing Home Wireless Networks
SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Nov. 30, 1999-- Micronetics Wireless, Inc. (Nasdaq: NOIZ) introduced its ICS-2000 Channel Simulator-uniquely designed to
test indoor wireless networks-here at the CDG Test Forum sponsored by the CDMA Development Group.
The ICS-2000 Channel Simulator is designed specifically for testing wireless local area network (WLAN) systems, such as BluetoothTM and other indoor wireless networks,
for the impact of multipath interference. Multipath interference consists of echoes from secondary signals that are reflected from obstacles in a signal's path that arrive
slightly after the original signal. By simulating the indoor wireless environment using the ICS-2000 Channel Simulator, WLAN Systems can be tested under real world
conditions to assure their reliability against this condition.
Ralph Marrone, Vice President of Micronetics/Equipment, stated: "The introduction of the ICS 2000 Channel Simulator is a continuation of our collaboration with Moeness
Amin, PhD. of Villanova University. We believe this instrument is the first channel simulator designed especially for multipath fading in an internal or home environment,
which has its own unique issues. With the anticipated growth of wireless home networks and their need for excellent reliability, we expect testing these products for multipath
fading under the conditions of an indoor environment to be of increasing importance."
Based in Hudson, NH, Micronetics manufactures broadband test equipment and components used in the design, testing and manufacturing of cellular, PCS, wireless local
loop, home networking and satellite communication equipment through its Micronetics/Equipment Group, and manufactures microwave components and subassemblies
primarily used in test equipment, radar, electronic counter-intelligence, wireless communications and electronic simulation applications through its Micronetics/Components
Group.
Statements in this press release contain forward looking material. Actual results may vary due to a number of risks and uncertainties and should be viewed in conjunction with
Micronetics ' Annual Report for its fiscal year ended March 31, 1999.
Contact:
Micronetics Wireless, Inc., New York
siliconinvestor.com |
