Aware, Inc. - Hot or cold IPO? Message Board

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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 2.160

-4.0%

Dec 5 9:30 AM EST

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To: Bill who wrote (6440)	6/3/1999 2:01:00 PM
From: Steve Rolfe	Read Replies (1) of 9236

What about 2001 & 2002? The big unknown is how big will DSL be? What does Aware believe the total market for 2001,2002 to be? 2000 is upon us now. Many stocks trade on earnings 1-2 years out. If the units double each year then the P/E comes down to 45 for a $50 share price. I would hope Aware would be conservative in their estimates of those numbers as they have nothing to gain by being overly optimistic. I think we need to get a better handle on just how many modems we think will use ADSL technology over the next 3 years.

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