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To: Johnny Canuck who wrote (39773)	6/20/2003 2:40:57 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 71526

Openwave Systems to cut 180 jobs By Ben Charny Staff Writer, CNET News.com June 19, 2003, 10:02 AM PT Openwave Systems, a maker of cell phone browsers and messaging products, said Thursday that it plans to cut another 12 percent of its work force in an effort to make a quicker return to profitability. The restructuring is expected to take place before Sept. 30, a company representative said, and will shave $10 million from Openwave's quarterly spending. The layoffs will help the company reach a break-even point when factoring earnings before interest, taxes, depreciation and amortization of assets, according to Openwave. Some of the cutbacks will come from an Openwave "project" that's drawing in $5 million in revenue each quarter, a company representative said. "The majority of the development and porting for this project is complete, and the focus is now on sales and marketing," according to an Openwave statement. The company would not release further details about the project. Openwave's financial health is a fairly good indicator of the cell phone industry's general stability because its browser powers many of the wireless e-mail or Web-browsing services sold by U.S. cell phone providers. Wireless carriers have been buckling under a three-year slowdown in handset sales. This is the second major round of layoffs in less than a year at Openwave. In September, the company said it would eliminate a quarter of its work force, which then totaled about 1,900.

To: Johnny Canuck who wrote (39773)	6/20/2003 9:44:32 PM
From: Bill Cotter	Read Replies (2) \| Respond to of 71526

Hi Harry; "Analysts predict wireless hot-spot crash" From what I have read it seems like Wi-Fi has a lot of potential. It seems a little early to predict its demise. I noticed he is quoting some European statistics but what about over here. "Even so, the technology gets more high-level backing by the day. Landline phone companies are becoming more serious about using WiFi (short for Wireless Fidelity) to complement DSL broadband access. Intel Corp. recently rolled out its Centrino WiFi-enabled chip and is a co-investor in WiFi provider Cometa Networks Inc. along with AT&T Corp. and IBM Corp." Copied from this article; cnn.com Also this article makes reference to another investment by Intel in Vivato. cnn.com Both of these companies are not public. Here is a list of companies that have Wi-Fi certified products. It doesn't look like there is any pure play amongst them. weca.net What we need right now is a nice Wi-Fi bubble, IPO's, buzzwords, the whole bit!