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Strategies & Market Trends : Rande Is . . . HOME

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To: Wendisman who wrote (22581)3/27/2000 9:24:00 AM
From: JLS  Read Replies (2) of 57584
 
Watch NTRO for possible announcement of a deal with MOT. According to IBD, the deal could bring NTRO about $250 million. Annual sales right now are 18.5. NTRO already has pacts with LU and Siemens, so this could be their third big coup.

NTRO is a telecom gear maker for the wireless broadband market, which as we know is a huge space.

CNBC said earlier this morning, however, that they were going to interview the CEO of NTRO this morning, but then said that they would interview him when the announcement was made. Sounds like its imminent with a CNBC appearance already anticipated. Bidding up to 88 in the premarket.
Julie
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