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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.115+0.2%Nov 21 9:30 AM EST

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To: Scrapps who wrote (2458)1/23/1998 2:36:00 AM
From: Elroy  Read Replies (2) of 9236
 
Scrapps wrote (or quoted): "Aware develops and markets xDSL technology, chipsets, modules and development systems, including hardware and software interfaces, and ultra high-speed modems. Their products let users easily and cost-effectively integrate xDSL into their own product and service offerings. Aware also develops and markets image compression software products based on wavelet technology:"

Scrapps, lets look at each of the products listed from this quote:

xDSL Technology - I think that means Aware liscenses their DMT patents, and understands xDSL DMT very well. Fine.

xDSL ChipSets - I think (but am not sure) that ADI liscenses the xDSL technology (which is most likely just source code) and makes the chipsets themselves. I don't think Aware makes any chips themselves. I may be wrong. If so, please correct me.

xDSL Modules - I interpret this as the module in the central site device (made by Cisco, 3Com, Ascend, etc.) that receives the xDSL signal. Again, this is just a liscensing agreement (to use a bunch of source code) between these companies and Aware. I don't think Aware has ever sold an Aware central site device (an access concentrator) to any ISP/telecommunications company.

xDSL development systems - actually, I have no idea what this means. What is an xDSL development system?

xDSL Hardware and Software interfaces and high speed modems - NOW this is what I'M talking about. I think Aware's management wants to sell the high speed modems that their engineers understand so well, and I think they would be better able to do so as part of an established modem vendor, such as 3Com.

That's all.

Elroy
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