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Technology Stocks : Vari-L (VARL)

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To: RobertSheldon who wrote (2032)	3/28/2000 12:48:00 AM
From: JBruin	Read Replies (1) of 2702

Robert or anyone, RE: LMDS/SprectraPoint: Is this study still accurate?... "According to a 1998 study conducted by Pioneer Consulting, the LMDS marketplace will grow from $241 million in 1999 to $1.2 billion by 2001. The growth rate is projected to double to $2.3 billion by 2003. SpectraPoint Wireless is offering the first LMDS product authorized for commercial use in Canada as well as the U.S. to address this emerging market" According to this study it looks like market growth of ~100% slowing slightly after '01 (or a ~10 times increase from '99-'03). Can we hope that Varl's slice of LMDS-related revenues will grow more than 10 times over the same time frame? Isn't also safe to assume that Varl isn't fully ramped in this area yet, & therefore these revenues might grow significantly higher?

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