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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.

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To: Bernard Levy who wrote (846)1/17/1998 10:37:00 PM
From: Night Writer  Read Replies (4) of 2063
 
Bernard,
Interesting comments in the earnings announcement of STII.
NW

In announcing the results of the third quarter of fiscal year 1998, Dr. Val P. Peline, president and CEO stated, ''During the past quarter significant technical progress has been achieved as a result of our aggressive R&D investments toward the development of our two-way, multipoint, bandwidth-on-demand wireless broadband (LMDS/MMDS) products. Our efforts have resulted in the award of additional field trial contracts for both our LMDS and MMDS products.

''We believe we are in a unique position to address this potentially explosive worldwide market and will continue to commit the resources necessary to achieve our strategic objectives. During the quarter we also picked up the pace of our revenues and were successful in booking a number of exciting new programs which should continue to support the strength of our base business''.

biz.yahoo.com
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