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Technology Stocks : PUMA Technology

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To: group92 who wrote (515)4/17/1999 12:40:00 AM
From: Jules Shear  Read Replies (1) of 851
 
Do-Co-Mo is a customer of PUMA and potentially huge one...

They are the largest cellular provider in Japan and probably (don't have exact figures) have over 25 million subscribers which would make them one of the largest in the world (about double the size of AT&T Wireless) . To put their size in perspective, I recently read that next year they should be larger than Toyota (from an Operating Cash Flow standpoint).

They have been very aggressive marketing wireless data and will be the first carrier to launch the new W-CDMA technology which should provide the platform to really accelerate wireless data. They recently launched a wireless data packet product called "I-mode" and added over 200,000 subscribers in the first month. Getting "a foot in the door" with Do-Co-Mo could prove to be huge for PUMA-although have not been able to find out from anyone on this thread the extent of the PUMA/Do-Co-Mo relationship.

Hope that helps!!
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