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To: SSP who wrote (15246)	11/26/1999 11:01:00 AM
From: TallTrader	Respond to of 150070

EGLW: 1.25x1.38, Eagle Wireless International Inc. Wireless company that is just starting to move. SEC reporting OTCBB. Web site: eglw.com Report: otcfn.com biz.yahoo.com HOUSTON, Nov. 23 /PRNewswire/ -- Eagle Wireless International, Inc. (OTC Bulletin Board: EGLW - news), announced today that it has recently launched a wholly owned subsidiary under the name BroadBandMagic.com(TM). The Company's newest subsidiary will tap into the rapidly expanding markets for Broadband Wired and Wireless Internet connectivity and Convergent Set-Top-Box (CSTB) applications. According to Dr. H. Dean Cubley, President and CEO of Eagle Wireless International, BroadBandMagic.com(TM) will take advantage of the seemingly unlimited demand for greater and greater bandwidth associated with the universal and expanded usage of Multimedia and Internet products such as Convergent Set-Top-Boxes that utilize television as the display medium. Industry projections are that expect the market for these specialty products will evolve to be a $70 billion market within the next five years. Eagle Wireless Internat. Ticker: EGLW Page 1 of 10 Complete Financials: May 1999 Exchange OTC FY END AUG ISSUE DATA (11/19/99) PER SHARE DATA RATIOS Price $ 1.22 EPS (TTM) $ 0.06 P/E (TTM) 21.02 52W High $ 3.06 Div. Rate $ 0.00 Yield 0.00 % 52W Low $ 1.00 Book Value $ 0.67 Price/Book 1.83 Shrs Out 12.14 Mil Cash $ 0.02 ROE (TTM) 9.09 % Float 5.30 Mil Rev (TTM) $ 0.25 ROA (TTM) 8.07 % Mon. Vol 0.44 Mil Curr. Ratio 8.49 Beta NA LT Dbt/Eqty 0.00 BRIEF: Eagle Wireless International is a worldwide supplier of telecommunications equipment and related software used by service providers in the paging and other wireless personal communications markets. For the 9 months ended 5/31/99, net sales fell 28% to $2.1M. Net income fell 33% to $164K. Revenues reflect customer delays in the purchasing of paging infrastructure equipment. Earnings also suffered from increased labor and research and development expenses.