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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: Uptickin who wrote (35)3/9/1999 9:43:00 AM
From: Hatim Zaghloul  Read Replies (1) of 16863
 
Thanks for your thoughts and continued support.

I cannot comment on a particular situation.

We do have excellent technology. Our target in the past two years has been to concentrate on completing the development of W-OFDM-based products and to secure some larger contracts. We are starting to get the exposure we deserve because of the recent contracts we signed and because of the role W-OFDM is starting to take in different standards.

We do need a wider reach since our products are suitable for the global wireless Internet access market. We are always evaluating how to gain this reach and increase our sales. There are many options that one has to consider at all times: options like growing it the old fashioned way (with the risk of losing time and having some uncertainty), partnering with larger companies (with the risk of losing some or most of the upside), selling the company to a major player (finite upside), or joining forces with another complimentary small payer (with the risk of no track record).

Talking specifically, Waverider does have a good management team. That they are opening an R&D facility in Calgary is good for any possible future discussions. If there is any business relationship that would make business sense, we would evaluate and, if it is appropriate, we will attempt to materialize it.
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