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Microcap & Penny Stocks : AM Communications AMCM -- Ignore unavailable to you. Want to Upgrade?

To: factsfirst who wrote (27)	12/28/2000 9:36:33 AM
From: Old Stock Collector	Respond to of 46

The cable and broadband communications industry is undergoing significant change as cable television (CATV) operators continue to expand and consolidate their operations. Operators are also implementing new interactive services such as video on demand, Internet access and telephony. In addition, competition for video services has increased with new entrants, including telephone and satellite providers. This has resulted in existing CATV operators planning to expand and upgrade their distribution infrastructures and new providers planning to construct new distribution systems capable of providing a mix of services. There continues to be many unresolved issues and uncertainties impacting this convergence of CATV and telecommunications industries, including governmental regulations, competing distribution technologies, and significant capital costs. Demand for CATV monitoring products has increased as monitoring of cable distribution systems has become an important factor in increasing operating efficiency and reliability. As previously noted, the Company's operations were adversely impacted in fiscal 1999 by the combined impact of reduced revenues and the need to upgrade its software products. The Company's operations are subject to the timing and success of new product introductions and the scheduling of orders by customers. The Company also continues to identify product development needs in excess of its available development resources, which in the past has negatively impacted its competitive position. The Company believes its strategic relationship with NeST will allow the Company to become more responsive to market requirements