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Technology Stocks : Airspan Networks AIRN -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (43)	2/3/2003 11:32:08 PM
From: Elroy	Read Replies (1) \| Respond to of 45

$10 million in orders so far in Q1:03 BCL of New Zealand Begins National Deployment With US$7 Million Of Airspan's Wireless DSL Equipment biz.yahoo.com Airspan Networks Awarded $1 Million Wireless DSL Order by PT YMM of Indonesia biz.yahoo.com Airspan Networks Awarded $2 Million Order by Telesel of Angola biz.yahoo.com AIRN reports Q4:02 on Wednesday, we'll see if it still makes sense as a cash rich play at that time. As of Q3:02 AIRN had $1.60 per share in cash. Shares have moved up from low 90 cent level to about $1.10, but still a healthy discount to likely Q4:02 cash per share balance. Strong cash position and seemingly strong fundamentals ($10 million announced orders is not bad for a company that did only $2.3 million revenues last June and $9 million revenues last September) could keep the shares moving up. Elroy