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Strategies & Market Trends : Wireless technology: Investors' perspective
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To: bebu who wrote (55)1/6/2000 9:00:00 PM
From: bebu  Read Replies (1) of 101
 
Latest info WAVC:
waverider.com

Please comment on your sales outlook going forward?

We have been engaging a sales strategy of expanding our NCL sales to VAR's and organizations committed to building a wireless Internet
service business. We continue to receive tremendous interest in both domestic and international markets for the LMS network solution. In
addition to our firm order backlog of $15 million, we have commitments to pilot projects that will exceed our order goal of $25 million. We
expect the order backlog to grow significantly over the next 6 months as we continue to invest in our sales team expansion.

Revenue for the first half of 2000 will be driven from expanded NCL sales success as the market for high-speed bridge/routers continues to
grow and develop. Continued product development should contribute to quarterly revenue growth for these products. As the LMS product family
rolls out through 2000 we expect to see this product success reflected in revenue growth in the second half of this year.

The wireless Internet access market is changing on a continuing basis and is growing rapidly. Due to this volatile market growth and our active
schedule of new product introductions we are not releasing specific sales forecasts. We remain very confident that our investments in product
development, sales and marketing, coupled with the recently announced financing, puts us in a tremendous position to achieve our goal of
becoming an industry leader in the wireless Internet access market.
More info on WAVC:
msnhomepages.talkcity.com
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