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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (4562)	1/28/2000 3:38:00 PM
From: DenverTechie	Read Replies (1) \| Respond to of 14638

Ken, go to the Arris web site for even more good news regarding the JV. You can read not only about current CBR telephony products, but also the migration plans to move the existing platform to IP telephony. It's a solid strategy and development plan that leverages the substantial embedded base of cable telephone products in such premier MSO carriers as AT&T Broadband and Internet Services, Cox Communications, and Cablevision LightPath, among others. As I'm sure everyone is aware, IP telephony is coming soon, and Arris is positioned to be there when it happens. They are taking nothing for granted. The Arris Interactive site is at www.arris-i.com. Let me know if you have any questions about what you see there. I'm now following the Nortel thread, good to see you here, Ken.

To: Kenneth E. Phillipps who wrote (4562)	1/28/2000 6:08:00 PM
From: Kenneth E. Phillipps	Respond to of 14638

Friday January 28 1:49 PM ET InterWAVE Rides IPO Momentum NEW YORK (Reuters) - InterWAVE Communications International Ltd. (NasdaqNM:IWAV - news), which makes compact wireless systems for voice and data communications, climbed more than 100 percent as it joined other initial public offerings hitting Wall Street on Friday. Shares of the Bermuda-based company were last up 16 at 29 on the Nasdaq after its $13 a share IPO raised $110.5 million through lead underwriter Salomon Smith Barney. The deal represented a 19 percent stake in the company. It had initially planned on offering 7.5 million shares in a range of $8-10. ``The wireless communications industry is hot, others have done extremely well,' said John Fitzgibbon of Redherring.com. 'The company seems to be pretty solid. There is a lot of demand for the stock.' InterWAVE has an alliance with Nortel Networks Corp. (Toronto:NT.TO - news), who is a principal shareholders. Hutchinson Whampoa Ltd. (0013.HK) is also a shareholder. Competitors include Ericsson (LMEb.ST) (NasdaqNM:ERICY - news), Lucent Technologies Inc. (NYSE:LU - news) and Siemens (SIEGn.DE). The company's system, or ``network in a box,' is positioned as an option to traditional telephone networks for companies with multiple locations and it is also effective for reaching employees ``in the field,' according to Irv DeGraw, research director at WorldFinanceNet.com. According to International Data Corporation, the worldwide wireless market is expected to grow from 303 million users in 1998 to approximately 1.1 billion by 2003.