No mention of STXN by Landis, although he did comment that it is hard to see a future without a lot more wireless technology. Meanwhile, here is a Reader's Digest of recent items imported from the Yahoo thread:
Find it interesting that the market hasn't responded more positively to STXN's Milleniums broad product family that is to almost equal fibre in speed, and the velocity chip which doubles spectrum. Management keeps saying that none of this has even been attempted to be factored into their business models, which are already doing extremely well without this input.
messages.yahoo.com
Nothing but positive news from the company
since the conference call on 10/18/00.
Further reinforced today @ DeutschBankAB
and yesterday with 10Q filing
Sales up, profit margin up, orders up, manufacturing testing and capacity up,
any hint of supply chain question squashed,
saying again that are market share leaders rather than one of the leaders, first and second generation millenium product family in pipeline, 3rd generation UMTS should have great growth potential as will need many more base stations etc., working with major mobile infrastructure suppliers on 3G, alot not even factored into existing working business plan.
messages.yahoo.com
I missed STXN's Deutsche Banc Alex Brown presentation, but I did get to listen to a fixed wireless broadband panel. There was a lot of positive news there as well. The market is expected to grow from about $500 million to $5 billion by 2004.
Among the tidbits, Europe, China and Latin America were expected to show particularly strong growth for differing reasons. Europe because it is currently more cost effective to use fixed wireless than to dig up the streets. China and Latin America because there is less infrastructure in place, so it provides a less costly total solution.
One feature of wireless deployment is that it is facilities based, allowing ownership of the broadband spectrum with better control of costs than leasing from an ILEC or a cable company.
Currently, about 30% of the buildings in cities can be reached through line of sight technology. By next year, technologies that do not require line of sight should be arriving, which will increase the potential sites that can be reached.
The industry is undergoing a shift from low volume military applications to high volume production. Radio components are the biggest cost and production bottleneck, but as production efficiencies increase the volumes should increase and costs should significantly decrease.
messages.yahoo.com
has anyone seen the Morgan Stanley Rept?
pumps stxn, crnt, and hrs (harris).
believes we're not at risk of customer liquidity issues that might impact future infrastructure purchases.
believes 40% growth is assured for the next 5 years.
messages.yahoo.com |
