To All: Nice piece of news detailed below. Given this disgusting market the stock is holding up very well. I hear the secondary might be priced tomorrow but unless this market does a little better I can't see that happening either. Does anyone have any word from their respective brokers how "tight" the deal is i.e. is their a good expression of interest in the deal? Good Luck to All if the below article is true it looks like a layup.
xDSL Chip Sales To Hit $700 Million
(02/06/98; 11:34 a.m. ET)
By SBN Staff, Semiconductor Business News
The worldwide market for the xDSL chip set is expected to increase
with triple-digit growth rates in the next couple of years, reaching 22
million units and almost $700 million in revenues, according to In-Stat
Thursday.
The Scottsdale, Ariz., market research company said both symmetrical
and asymmetrical DSL chip sets will show strong growth through
2002, but ADSL, ADSL-Lite, and VDSL formats are most likely to
generate the bulk of the revenues for semiconductor companies
participating in the fast-emerging business.
"The ability to utilize existing copper wire to deliver high-speed access
many times the rates available from analog modems makes DSL
technology an immediate win for service providers, equipment and
silicon manufacturers, and especially end users," said Shannon
Pleasant, analyst for In-Stat's Communications Semiconductor
End-Use Service. "The push for standardized ADSL-Lite and the
competitive pressures exerted on RBOCs from cable companies will
speed ADSL-Lite deployment in particular, whi |
