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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Levy who wrote (10983)	4/17/2001 9:07:03 AM
From: MikeM54321	Respond to of 12823

Bernard- "Ditch" is the operative word. If they have to make any move to raise cash in the next few weeks, it has to mean panic time. So they dump fixed broadband wireless and stick to fixed narrowband wireless. Quite an interesting turn. So there is speculation their XDM metro box division will be sold at $700 million when formerly valued around $3 billion. Now their BBFW product line is going to either be shuttered or dumped for less than $50 million when it was recently valued at $1.6 billion. And I invested in ECIL based on the valuations given a little over a year ago. My how things change. Ouch! -MikeM(From Florida)