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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (84009)	5/10/2001 10:37:40 PM
From: dreamer	Respond to of 150070

May 10, 2001 18:27 P-Com Fixed Wireless Point-to-Mulipoint System Enables Advanced Telecom Services Between Financial Institutions in West Africa CAMPBELL, Calif.--(BUSINESS WIRE)--May 10, 2001-- P-Com's High-Speed Fixed Broadband Wireless Access System Fills the Telecom Infrastructure Void in Ghana, West Africa P-Com, Inc. (Nasdaq:PCOM), a high-capacity fixed wireless access equipment supplier, announced today the initial deployment of its 10 GHz Point-to-Multipoint fixed broadband wireless access system in West Africa. The customer, a financial institution operating in the capital city of Ghana, required advanced telecommunications services to execute high-speed electronic funds transfers, and to provide for other advanced telecom services between banks and correspondent financial institutions. In the absence of optical fiber and other land-based cable network infrastructure, and because of their immediate requirement for service, the financial institution turned to fixed broadband wireless access. After evaluating fixed wireless alternatives, P-Com's carrier-grade, high-speed, high-capacity Point-to-Multipoint fixed wireless access system was selected as providing the optimal solution. P-Com's 10 GHz Broadband wireless access system provides the financial institutions flexible, high-capacity, reliable connectivity in this geographic region that experiences some of the world's highest rainfall. The initial configuration consists of a corporate hub facility divided into two 180 degree sectors, and several remote stations. Each remote station serves a bank or other financial institution located in outlying sections of the city, and all remotes are effectively connected to one another through the hub with high-speed data channels. An interface module equipped with 10BaseT ports is provided to each institution included on the Point-to-Multipoint wireless network. A third sector and additional remote stations have been planned to provide extended coverage across the capital city some time later this year. By virtue of its design, P-Com's award-winning Point-to-Multipoint systems can be expanded up to 24 sectors, with each sector providing up to 200 Mbps downstream throughput capacity. "We are proud to provide wireless access services that are essential to the growth and development not only of a business, but to the economic fabric of the nation within which that business operates," said Jim Sobczak, president and COO of P-Com. "Selection of our Point-to-Multipoint system for financial institutions applications within a region of considerable precipitation testifies to the confidence placed in the performance of our equipment. The scope of P-Com's global customer base is of utmost importance. Our access to global markets, coupled with our broad range of products, enables P-Com to provide solutions for diverse marketplace challenges with confidence." About P-Com P-Com, Inc. develops, manufactures, and markets complete lines of Point-to-Multipoint, Point-to-Point, and Spread Spectrum wireless access systems, and provides related services for the worldwide telecommunications market. P-Com broadband wireless access systems are designed to satisfy the high-speed, integrated network requirements of Internet access providers and competitive local exchange carriers (CLECs). Cellular and personal communications service (PCS) providers utilize P-Com Point-to-Point systems to provide backhaul between base stations and mobile switching centers. Government, utility, and business entities use P-Com systems in public and private network applications. P-Com is the recipient of the Wireless Communications Association's "Big Byte" industry achievement award for "Highest Bit Rate Actually Deployed" based on their Point-to-Multipoint LMDS systems. P-Com Network Services, a wholly owned P-Com subsidiary, offers extensive technical services and project support capabilities, including site surveys, systems planning, program planning and management, and project management. Service expertise also includes the installation of central office equipment, SDH and SONET systems, and wireless implementation. P-Com, Inc. has its world headquarters in Campbell, Calif., USA and offices in Florida, Virginia, the United Kingdom, Italy, Germany, China, and Singapore. P-Com is an ISO 9001 certified company. For additional information, contact P-Com at: P-Com, Inc. 3175 S. Winchester Boulevard Campbell, CA 95008 USA TEL: 408/866-3666 FAX: 408/866-3655 www.p-com.com CONTACT: P-Com, Inc. Leighton J. Stephenson, 408/866-3666 Vice President & Chief Financial Officer pcom@p-com.com or Lippert/Heilshorn & Associates Lillian Armstrong or David Barnard, 415/433-3777 Investor Relations david@lhai-sf.com Pamela Rigler, 212/838-3777 Media Relations pamela@lhai.com

To: Jim Bishop who wrote (84009)	5/11/2001 2:06:20 AM
From: Jim Bishop	Read Replies (2) \| Respond to of 150070

Note regarding all these under $1 Nasdaq's. While they have been "hot" lately, they are VERY risky as all at some point face possible delisting and not all of them mention that in news, although some do. Filings usually mention the fact, and often give the end of the 90 day period during which the stock must trade at $1 or over for a least 10 days. Just be aware of that, and go in with eyes wide open. Here's an example from the last TENF filing: "Our stock may be subject to de-listing. Our Common Stock is currently traded on the Nasdaq National Market under the symbol "TENF." Due to the recent decline in the share price of our common stock and our operating losses, we could fail to meet the Nasdaq National Market's minimum listing requirements and as a result, our common stock could be de-listed. Nasdaq National Market listing requirements include a series of financial tests relating to net tangible assets, public float, number of market makers and shareholders, and maintaining a minimum bid price for the Company's share price of $1.00. The accompanying consolidated financial statements indicate that we will not meet the net tangible assets test and the public float test as of December 31, 2000. In addition, our stock price has recently been below the required $1.00 bid price. As a result, we believe we will enter into discussions with Nasdaq to determine whether our stock will be de-listed. Depending upon the outcome of these discussions, our stock could remain listed on the Nasdaq National Market, it could be listed on the Nasdaq SmallCap Market, or it could be de-listed. If our stock were de-listed from Nasdaq there would likely be a substantial reduction in the liquidity of any investment in our common stock. De-listing could also reduce the ability of holders of our common stock to purchase or sell shares as quickly and as inexpensively as they have done historically. This lack of liquidity also makes it more difficult for us to raise capital in the future. There can be no assurance that an active trading market will be sustained in the future."