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To: Jim Bishop who wrote (110826)11/14/2002 1:48:46 PM
From: Rocket Red  Respond to of 150070
 
Getting close to buy RMEC again for Next weeks news



To: Jim Bishop who wrote (110826)11/21/2002 1:01:53 PM
From: Jim Bishop  Read Replies (3) | Respond to of 150070
 
NTRO Netro hires Goldman as advisor to mull options

Thursday November 21, 12:57 pm ET

SAN JOSE, Calif., Nov 21 (Reuters) - High-speed wireless technology company Netro Corp. (NasdaqNM:NTRO - News), which recently received a takeover offer, on Thursday said it hired Goldman Sachs & Co. (NYSE:GS - News) as its financial advisor as it reviews its strategic options.

Last week, Netro received a new takeover offer from Wyndcrest Holdings LLC, a private technology and digital entertainment holding company. In August, it rejected a previous Wyndcrest offer.

Netro, which makes equipment that supports Internet access over the airwaves rather than through traditional copper telephone lines, recently said it would cut its 255-person workforce by more than half, scale back its use of cash and reduce operating expenses.

Shares of Netro added 33 cents, or 12.5 percent, to $2.97 a share on midday Thursday on Nasdaq. The San Jose, Calif-based company launched its initial public offering in August, 2001, at $8 a share.