SectorTalk - Wireless Broadband - MMDS, Satellite, LMDS Message Board

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Technology Stocks : SectorTalk - Wireless Broadband - MMDS, Satellite, LMDS

ADAP 0.0502

-1.2%

Oct 31 9:30 AM EST

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To: SpecialK who started this subject	11/1/2000 2:24:24 PM
From: SpecialK	of 7

ADAP, Adaptive Broadband Corporation is a supplier of data communications transmission equipment for the deployment of broadband wireless communication over the Internet. Providing high-capacity, last-mile point-to-multipoint data links spanning the frequency range of 2 to 42 GHz with current products in the MMDS, 3.5 GHZ (WLL), U-NII (5 GHz license-free) and LMDS frequencies, the Company's AB-Access product platform is being deployed by carriers such as Internet Service Providers and Competitive Local Exchange Carriers, as well as traditional telecommunications providers. Its AB-Access transceiver enables heavy data transmission for the final network connection to an end user (the last mile) at rates as high as 25 Mbps, a speed in excess of 400 times those available with conventional modem networks. At this bandwidth, users are able to download full-streaming video and data files, use real-time video conferencing and surf the Worldwide Web, all at the same time over a single connection. For the three months ended 9/30/00, revenues totaled $24.2 million, up from $1.1 million. Net income from continuing operations totaled $2.6 million, vs. a loss of $4.8 million. Revenues benefitted from increased orders booked for AB-Access products. Earnings reflect a $7.9 million gain on investments.

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