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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: carepedeum2000 who wrote (22720)3/29/2000 12:03:00 AM
From: JLS  Read Replies (1) | Respond to of 57584
 
Carpe, NTRO's CEO is not on the list yet, but on Monday's squack box they said they would interview him once the deal was announced. So I expect they will slot him in.
cnbc.com

As far as a price target goes, I really don't know. This deal with MOT means about 250 mil in revs to NTRO, just from MOT. NTRO's annual revs were 18 mil, so this is a huge amount of revenue which will bring in more down the road. NTRO already has deals with LU and Siemens, so MOT makes three. It looks to me like the value chains are forming around NTRO's product, allowing it to compete head on with Alcatel, NT and Marconi, which could eventually make it the industry standard. This little wireless broadband company is getting very interesting.

I bought enough shares to trade, as well as set some aside to see how this plays out. MM's held that price steady at 82 1/2 for half the day.
Julie