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Technology Stocks : p-com (pcms) -- Ignore unavailable to you. Want to Upgrade?


To: charlie who wrote (1149)9/23/1999 2:37:00 PM
From: Elmer Flugum  Read Replies (1) | Respond to of 1461
 
SACRAMENTO, Calif., Sep 23, 1999 (BUSINESS WIRE) -- As hot as the
Internet sector is, analysts and industry seers point to the
infrastructure stocks supporting the growth of web as perhaps the
safest and surest way to play the investing phenomenon.

Growth in telecommunications capabilities and capacity is a primary
enabling factor behind the success of the Internet. The growing army of
users requires more bandwidth that spurs demand for more sophisticated
equipment to meet the ongoing challenge to manage, facilitate and
direct the growing data traffic stream.

Today's Informed Investors Radio program will focus on
telecommunications in the first half hour with special guest Richard
Valera, telecom analyst at Needham & Co. (www.needhamco.com).

The second half hour features Randall Williams-Gurian, Editor of the
Undervalued Stock Ideas (www.usistocks.com) newsletter based in
Seattle. The newsletter focuses mainly on large cap technology stocks
and undervalued or out of favor technology issues.

Visit www.informedinvestors.com at 2 p.m. Eastern time (11 a.m. Pacific
time) to listen to the one-hour program live over the Internet. It is
also archived for 45 days.

Valera covers companies in the wireless equipment and satellite
industries. Companies covered include Anaren Microwave (Nasdaq:ANEN),
ViaSat (Nasdaq:VSAT), P-COM (Nasdaq:PCMS) and Digital Microwave
(Nasdaq:DMIC). Prior to joining Needham, Valera spent nearly a decade
in the Electronic Design Automation industry, most recently as a senior
applications consultant at Synopsys (Nasdaq:SNPS).

Since initiating his Undervalued Stock Ideas' newsletter in December
1994, Williams-Gurian's selections for the newsletter have earned a
total compounded return of 47% annually. Stocks listed in USI have
beaten all primary industry averages for each of the last five years, a
performance matched by fewer than 20% of all fund managers.

Current selections in USI include 3Com (Nasdaq:COMS), Network
Associates (Nasdaq:NETA), PeopleSoft (Nasdaq:PSFT) and Informix
(Nasdaq:IFMX).

In addition to its weekly radio show, Informed Investors is the leading
producer of industry-specific investment conferences for the retail
investment community. Details are at www.informedinvestors.com.