To: Bob who wrote (24888 ) 4/27/2000 5:36:00 PM From: Rande Is Read Replies (1) | Respond to of 57584
ADAP 3rd Qtr revenues up 278%! . . . . wait a minute. . . Am I reading this correctly? They are saying that in the second quarter their total revenues were 2.2 million. . .in the third quarter their revs were 8.3 million. . . New orders booked during second quarter are 27.3 million and the backlog by the end of the third quarter is 47.9 million.``Over a billion dollars in contract demand for AB-Access confirms that our strategic focus is right on, our technology is leading edge, and our product platform is solid. We are exceeding customer expectations for a high-speed, low-cost wireless broadband solution for a robust, emerging market around the world. AB-Access continues to attract customers who recognize the first-to-market advantages to be gained by the deployment of our product and who understand the potential for a fast return on their investment. Businesses relying on e-commerce now or in the future appreciate the two-way ultra high data rates provided by AB-Access, unavailable with other wireless broadband solutions. We will continue to vigorously protect our market share lead with both product enhancements and cost reductions,'' stated Frederick D. Lawrence, Adaptive Broadband's chairman and chief executive officer. About AB-Access The AB-Access fixed wireless broadband product bridges the last mile, replacing the local loop for business and residential subscribers. It offers data transmission at rates up to 25 Mbps, which provides the capability for real-time video conferencing, transmission of full streaming video, web surfing, and transmission of data files -- all simultaneously and over one connection. Product bandwidth is planned to expand to 100 Mbps in 2000. Let's just hope that the price stays in the 20's a bit longer. . . Rande Is