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Technology Stocks : Adaptive Broadband (NASDAQ:ADAP) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Miller who wrote (19)9/7/1999 6:18:00 PM
From: DUCT TAPE HAIR CLUB  Read Replies (1) | Respond to of 215
 
Amazing that a company that is on the move such as ADAP is currently doing,that there isnt more attention being sent it's way..Perhaps undiscovered as of yet by the masses.When the general investing public sees what ADAP is doing,i expect a very nice run to the upside..The interesting point that i have seen,in their last press release in regards to their 100 million dollar contract with i3s,is the fact that both Nortel and Lucent are preferred shareholders.

>>>>SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 3, 1999--ADAPTIVE
BROADBAND(TM) CORPORATION (Nasdaq National Market:ADAP) announced
today a contract with Solectron Corporation (NYSE:SLR - news), Milpitas, Calif., to manufacture Adaptive
Broadband's
AB-Access(TM) broadband wireless service equipment. Full-scale manufacturing is expected to begin by
October.

This partnership gives Adaptive Broadband the capability to meet demand from a contract announced July
27 to provide
AB-Access equipment to I3S, an Irving, Texas, high-speed data services provider. I3S is a privately held
company in which
Nortel Networks and Lucent Technologies hold preferred stock. <<<<<

Just seems kind of odd that LUCENT's wireless broadband wasnt chosen for i3s..This bodes very well for ADAP and it's AB-ACCESS in my opinion.