Radyne Comstream (RADN) Builds out the Wireless Internet Infrustructure...FYI...
marketwatch.newsalert.com
<<...Bob Fitting, Radyne ComStream's president and chief executive officer, said: "We are extremely gratified by this order. This supports our stated strategy of aggressively developing the Internet-over-Satellite Infrastructure end of our business.
"We expect that the Internet infrastructure and the digital television sectors will continue to grow in excess of 50% per year for the foreseeable future."
"Our client is a pioneer in the development of this satellite Internet service provider business, and we are pleased to be selected to support their rapidly growing needs," Fitting concluded.
About Radyne ComStream
Radyne ComStream designs, manufactures, and markets satellite Internet-infrastructure equipment as well as satellite broadband modems, multicasting receivers, converters and ancillary products for digital TV, data and telephone services.
The company has offices in the U.S. located in Phoenix, San Diego and Boca Raton and internationally in Singapore, Beijing, Jakarta and London.
For more information, contact Radyne ComStream Inc. 3138 East Elwood St., Phoenix, AZ 85034, USA. Tel: +1 602 437-9620; Fax: +1 602 437-4811; e-mail: info@radynecomstream.com; or visit our web site at radynecomstream.com. >>
Regards,
Scott
BTW, Tim it's great to see you on the thread....The RADN float is very small and a number of large blocks of stock have been picked up in the last few days...IMO, 'the smart money' is starting to board the train....I like the slow and steady increase in price. I have been aggressively buying shares on the way up into the mid 30s...This profitable firm is just starting to be discovered and is in a very fast growing marketplace. RADN could provide quite a ride. The market cap. is still under $400M <G>. |
