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To: Howard Bennett who wrote (784)3/13/2000 8:07:00 PM
From: MikeM54321  Respond to of 1944
 
Re: ADCT's MMDS Solution- Axity / BellSouth Trial

Howard and Thread- I edited down today's PR. Still no mention of the MCI contract. But the BellSouth news below, was news to me. -MikeM(From Florida)

PS1 The CEO insider sales are pretty disconcerting to me too. OTOH, they could also mean there might not be any bad news on the immediate horizon. If there were, then legally it would have been a terrible time to sell. I don't know how to read it?

PS2 Here's some more MMDS stats referred to in the PR below: Message 12999509

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ADC Introduces Next Generation Broadband Wireless Access System

MINNEAPOLIS--March 13, 2000-- ADC today announced the worldwide availability of the Axity Broadband Wireless Access System, the first carrier-class architecture for two-way delivery of communications services over the Multichannel Multipoint Distribution Service (MMDS) wireless spectrum. The introduction of the Axity system further enhances ADC's focus on the access sector of broadband communications networks, and is an integral part of the company's solutions for DSL, cable, and wireless.

This next-generation system builds upon ADC's proven MMDS broadband wireless access platform by establishing a carrier-class architecture. The Axity design capitalizes on ADC's extensive experience in carrier-grade telecom equipment and more than 15 years of MMDS radio frequency (RF) technology design and manufacture.

The Axity platform will enable providers to deliver voice and high-speed data services to homes and businesses in the local access market. Included are base station transmitters and receivers, wireless modems for the headend and the desktop, and a full-featured Element Management System (EMS). In addition, ADC provides complete network planning, design and integration services for MMDS deployments. The system operates in the MDS (2.1 GHz), WCS (2.3 GHz), and MMDS (2.5 GHz) spectrum and delivers up to 27 Mbps in each 6 MHz channel in the downstream.

``This is an exciting time for ADC--we had the vision to kick-start Broadband Wireless Access over MMDS, and now increasingly the market leaders are looking to us to assure them of stable reliable platform. With our long history of installing MMDS one-way and two-way systems, ADC has an extraordinary level of expertise in the delivery of data services over MMDS,' said John Frederick, vice president/general manager of ADC's Broadband Wireless Access business unit. Carriers are ready to deploy MMDS services today, and Axity is ready for the task.'

``Carriers are aggressively pursuing the MMDS spectrum as an alternative delivery method of data and voice services, particularly for high-speed Internet access,' said Eric Rasmussen, broadband wireless consultant for Telechoice, Inc., a leading telecommunications research and consulting firm in Denver. ``ADC was one of the early vendors in the MMDS market, and systems like theirs are well positioned to help carriers deliver broadband wireless services.'

MMDS is a cost-effective, high-speed alternative to digital subscriber line (DSL) and cable modem service for the delivery of communications services to homes and businesses. From a single MMDS base station, providers can service a 20-30 mile radius and deliver up to 10 megabits per second to individual users of broadband capacity. MMDS also offers a quick-to-market deployment medium since it does not require existing infrastructure upgrades. A cellular scheme can also be deployed for increased capacity.

According to the Strategis Group, the global broadband wireless market could generate revenues of more than $10 billion by 2003 and $28 billion by 2008. Ovum, a leading equipment analyst firm, estimates that the broadband wireless equipment market will grow to more than $7 billion by 2005.

To date, ADC two-way MMDS systems have been deployed by Image Wireless Communications in Saskatchewan, Canada; Evertek in Everly, Iowa; and Northern Valley Communications in Aberdeen, S.D. ADC is also a deployment partner with BellSouth for a high-speed wireless Internet trial in Houma, La.



To: Howard Bennett who wrote (784)3/28/2000 5:10:00 PM
From: MikeM54321  Read Replies (2) | Respond to of 1944
 
Re: William Cadogan's Equity Position in ADCT

Howard and Thread- I contacted ADCT investor relations via E-mail regarding Howard's post linked upstream. It appeared that Cadogan was selling his full position in ADCT. I was floored over the news but apparently I assumed incorrectly. Here is the E-mail response that came back to me:

"AFTER THESE SALES, BILL CADOGAN CONTINUES TO HOLD OVER 4 MILLION OPTIONS AND 400,000 SHARES."

So it's not as bad as it first appeared when the 144 was first posted. -MikeM(From Florida)