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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..] -- Ignore unavailable to you. Want to Upgrade?


To: gruetz who wrote (1604)1/25/2001 5:08:26 PM
From: transmission  Respond to of 1860
 
xcess of $3 Million for Network Build Out in Japan


CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 25, 2001--P-Com, Inc. (NASDAQ NM:PCOM), a high-capacity fixed wireless access equipment supplier, announced today the receipt of over $3 million in orders for P-Com's award-winning 38 GHz Point-to-Multipoint system from a new Broadband Wireless Network Provider entering the market in Japan.

The new wireless access provider holds both Point-to-Multipoint and Point-to-Point 38 GHz licenses in Japan, and operates as a competitive carrier offering Internet and other high-speed data connectivity to its customers. Committed to an aggressive network rollout plan, the carrier is deploying P-Com's systems to facilitate initial network access in Japan. Initial commercial service offerings of the carrier are planned for introduction in the near future, with additional network expansion projects to follow.

"P-Com is proud to be associated with the build out of a new fixed broadband wireless access system in Japan's competitive communications market, and we look forward to supporting the planned network expansions of our customer, said Jim Sobczak, president & COO of P-Com, Inc. "These orders are another example of the acceptance of P-Com's high-capacity Point-to-Multipoint systems worldwide, and we are especially encouraged by this further extension of our Asia presence into the vital market of Japan."



To: gruetz who wrote (1604)1/25/2001 8:06:25 PM
From: silicon warrior  Read Replies (1) | Respond to of 1860
 
Well, IR clearly gave the impression that the entire piece was just wrong. As for the "restructuring", that is a negative term. Rouhana announced a management reorganization at SSB that was a logical step in growing the company--decentralization now that P&P are in place.
As for guidance, said "we haven't changed it". On earnings, said, "unfortunately, we can't preannounce". The overall was "the note is unfounded rumor". There is some new press out tonight apparently. Mentioned on Yahoo--I will try to track it down. Regards.