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Technology Stocks : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: kami who wrote (396)10/5/1999 10:52:00 PM
From: Secret_Agent_Man  Read Replies (2) | Respond to of 792
 
Merrill Report from 10/4
Communications Equipment – 4 October 1999 Corrected
3
Netro NTRO
We expect Netro's revenues to grow to $4.1 million versus
$566,000 in last year's September quarter. Revenues will
be largely driven by shipments for international
applications, including 6-7 new networks in the quarter.
Broadnet, who was recently awarded 42 licenses in
Germany, announced that it would use Lucent's
OnDemand system (which incorporates Netro's radio
technology) in all of its European markets. Netro also
started shipping initial test units for U.S. customers late in
the September quarter.


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