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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: Ray Dopkins who wrote (3056)4/19/1999 7:54:00 AM
From: Link Lady  Read Replies (1) of 3431
 
I wasn't going to post this until I read your message, maybe it would be of interest. The part posted is found at end of article

stockhouse.com

StockHouse: What about the convergence industry and how that's going to effect the Internet and
computing?

Adamou: I know Research in Motion [Toronto - RIM; NASDAQ - RIMM] quite well. I was
involved with them in a venture capital fund. I would never sell them short because they're some of
the smartest guys I know. It's a great product. However, there were a couple of things that
concerned me about it - that would be the overall convergence that you are talking about. My
feeling is that at the end of the year you're going to have one tool. It's not going to be a pager. I
really believe that in 3-5 years time, the point of access to the Internet will be wireless. There is
research being done and technology being developed right now - some of which are available
coming soon that get you 30MB wireless. You're getting into cable-modem speed. There is a
company in Canada called Wi Lan, Inc. that trades in Alberta [Alberta - WIN]. They are talking to a
number of partners for commercialization right now. I think you're going to get huge increases in
bandwidth, wireless bandwidth in particular. It's going to be far more convenient to take the
Internet with you than have it on your desk. Once you can take the Internet with you, it's hard to
see where the pager comes in.

Today's
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StockHouse: Have you been following Nokia?

Adamou: Yes, I'm very familiar with what they are doing - a very innovative company. I've been
getting a lot of feedback that they're going to be a player. Look at what's happening in wireless
technology to carry that stuff wherever you want. They are positioning themselves to move into
that quickly.
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