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Technology Stocks : Wi-LAN Inc. (T.WIN)
WILN 1.3900.0%Sep 18 5:00 PM EST

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To: Cyrus who wrote (5)4/23/1998 5:36:00 PM
From: Nav Toor  Read Replies (1) of 16863
 
Hi Cyrus, it's good to see you over from the TVL thread. The only significant development since the IPO a month ago has been the introduction of higher speed Hopper units as posted by Lalit Jain. Wi-LAN is also concentrating their efforts to produce an application specific integrated circuit (ASIC) that combines the digital and RF section onto one chip. Here is some info from their prospectus:

"Wi-LAN has been developing its Wide-band Orthogonal Frequency Division Multiplexing technology for the past four years. Recent developments in Application Specific Integrated Circuit (ASIC) technology allow the development of the entire digital section and possibly the RF section on a single chip or two chips. The development of a dedicated ASIC chip could introduce another barrier against entry for small competitors and give Wi-LAN a head start against large competitors. Wi-LAN is designating $3.0 million from the proceeds of the Maximum Offering ($2.5 million in the case of the Minimum Offering) for research and development, including the development of the ASIC chip set."

Wi-LAN raised about $11 million from their IPO. In my opinion, Wi-LAN should be able to kick some serious butt if they are able to successfully develop and market their ASIC chip set.
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