Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (769)	6/27/2005 5:00:58 PM
From: Jibacoa	of 1404

AIRN, The Boca Raton, FL broadband wireless access equipment Co.<g> Was up 10% today and it is still trading higher after hours.<g> On June 16 it announced the acquisition of ARNT for $8.7 M ($4M in cash + $4M in AIRN stock).ARNT is involved in VOIP and according to AIRN's president, the "acquisition represents a major milestone for the growth of Airspan." "We expect ARNT's switching and gateway technologies will allow us to develop carrier-grade VOIP for WiMAX and WipLL systems." "We will now be able to offer our customers an end-to-end solution with quality of service at a level consistent with that provided by traditional telephone company voice services." AIRN reportedly has about $1.35 in cash/shr and no significant LTD The loss for the 1st Q (March) was cut down almost in half ($0.08 vs. $0.15) and the revenues were up almost 80% (22.2M vs. 12.4M) The EL for 2005 is around $0.14/shr again almost half of the $0.27/shr loss in 2004 and for 2006 the EE are $0.13/shr in the black.<g> Caveat: AIRN and ALVR are a couple of my long positions on WIMAX and VOIP.<g> The stock is closing its Nov.4 downgap and with the way the general market is behaving I wouldn't be surprised if the stock retests support at the 5.40 or even the 5.25 level (I hope it will do it since I am planning on adding to my position.<g>) bigcharts.marketwatch.com The longer chart looks "interesting" <g> bigcharts.marketwatch.com Bernard

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