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Technology Stocks : COM21 (CMTO) -- Ignore unavailable to you. Want to Upgrade?

To: rod runyan who wrote (2253)	8/12/2000 1:33:54 PM
From: pat mudge	Respond to of 2347

Institutional holdings for June Q (not all in yet, but those that are are adds): insidertrader.com I don't believe that time frame has changed so perhaps only the perception of investors is altering. On a personal basis i nibbled on a few of the Jan. 20 calls yesterday. The price action looks a lot like last year when they failed the first couple of rounds of certification for Docsis. This could well be setting up to be another excellent opportunity. I added yesterday.

To: rod runyan who wrote (2253)	8/15/2000 1:24:09 PM
From: pat mudge	Read Replies (1) \| Respond to of 2347

Possible cause of weakness: 10-Q filed 8/15/2000: freeedgar.com Total Revenues - Total revenues increased 138% from $21.5 million in the second quarter of 1999 to $51.4 million in the second quarter of 2000, and increased 128% from $40.8 million for the first six months of 1999 to $92.9 million for the first six months of 2000. We experienced revenue growth in both cable modems and headend products over the comparable quarter and six month period in the prior year. Unit sales of all our cable modem products increased 201% from the second quarter of 1999, as we experienced strong demand for our ATM and DOCSIS cable modems. Although we anticipate continued revenue growth associated with our cable modems, we anticipate that this growth could be constrained due to industry wide component shortages and the inability of our OEM modem supplier to meet all of its shipping commitments. Revenues associated with our ATM headend products increased from $4.0 million in the second quarter of 1999 to $11.4 million in the second quarter of 2000 due to strong demand in the European and Asian markets. . . . During the third quarter of 2000 we anticipate margin pressure to continue from increasing sales of our DOCSIS cable modems and a higher cost for our OEM modem. As these lower margin modems become a higher percentage of our total cable modem revenue, we anticipate our total margin percent will decline. We do not anticipate receiving a substantial benefit from our cost reduced DOCSIS modems until late in 2000.