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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Susan G who wrote (100615)6/5/2000 12:58:00 PM
From: Hal Rubel  Read Replies (1) of 120523
 
Watch list No. 2 of today's list

My impressions of #2:
Rumors are flying that they will announce a new point to multi-point system and announce a strategic relationship with Nokia tomorrow at Supercomm. They already are the wireless broadband plumbing solution of choice for Lucent, Siemens, and Motorola. (Only Ericcson remains a holdout with their own independent solution.) A recent secondary offering at $80 (!) put $370 million cash in the bank. They just hired a well known investment banker onto the board. With 50 trials world wide and several deployments coming to maturity, I expect #2 to become profitable by 3rd quarter this year. There is talk that with such a commanding lead (1 - 1 1/2 yrs.), #2's technology could become the world standard.

I have #2 as my core LONG term holding and am especially please to see it get some coverage on Market Jems for short term consideration.

Have a nice day, all.

Hal
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