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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (3171)	5/29/2002 10:16:09 AM
From: Crossy	Read Replies (1) of 37387

re: PROX (Proxim) NasdaqNM @ $3.00 around 100m shares out, PSR around 3, WIRELESS LANs and wireless carrier solutions... after the merger (PROX & WMUX) related charges this quarter the next should be remarkably better and post positive earnings again.. WLANs are a highly disruptive concept. I added PROX to my current holding of MLIN. PROX is a maker of base stations and NIC cards plus internetworkign equipment for IEEE802.11.x based designs (".b" for 11Mbit, ".a" for 50Mbit recently introduced) This is potentially the UMTS killer technology (Say goodbye to "3G"). More long term, WLANs might give the local last mile baby bell monopoly an end... the industry grew more than 15% in the current quarter. Stay tuned, highly disruptive area... rgrds CROSSY

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