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Technology Stocks : Adaptive Broadband (NASDAQ:ADAP) -- Ignore unavailable to you. Want to Upgrade?

To: pass pass who wrote (76)	3/28/2000 9:52:00 PM
From: Mr. Miller	Respond to of 215

I think its just a case of a stock getting ahead of itself with that runup from $100 to over $200 in about a week, then this selloff over the last couple weeks. End of quarter profit taking would not be surprising. As far as it being related to Terabeam and maybe something Gilder said...Gilder thought we would all make a killing with GSTRF, and I would not think a company like CSCO would be making RF spectrum internet access a major priority if it didn't have a future. That's JMHO... I'll expect a nice rebound as ADAP splits. ADAP fell below the 50DMA about this much(6-8%) at least two other times this past year and bounced back quite nicely. I see this as a major buying opportunity since there is no fundamental reason for this selloff beyond technical correction.

To: pass pass who wrote (76)	3/28/2000 10:33:00 PM
From: Sword	Respond to of 215

I don't get DD from Yahoo message boards. In fact, I never read Yahoo message boards. No, I'm just speculating that the investors who have read about fixed laser wireless may be concerned about its competitive features with respect to directional fixed RF. ADAP's technology needs fixed directional antennas. Terabeam's technology needs fixed optical receivers and transmitters (telescopes). So what's left for a difference? Terabeam's 1.55 micron wavelength is 100's of times more "broad" than ADAP's RF broadband. The only problem with Terabeam's technology is that it can be blocked more easily. But they have apparently partially overcome this by using beam expanders. Don't take my opinion as the final say on this matter. I haven't read it anywhere, spoken to anyone about it or communicated it in any other way than right here and now. You asked a question and I offered my opinion. These are just my educated thoughts. I like ADAP and have been recommending it for over 2 years, since it was California Microwave. I made over $1 million last year shorting stocks. So I take my long picks very seriously. -Sword