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To: Bill Harmond who wrote (21516)	7/26/2004 4:29:02 PM
From: Bill Harmond	Respond to of 57684

16:21 NVTL Novatel Wireless beats handily; guides Q3 and Y04 above consensus (18.75 -1.53) Reports Q2 (Jun) earnings of $0.11 per share, $0.05 better than the Reuters Estimates consensus of $0.06; revenues rose 59.6% year/year to $24.1 mln vs the $20.6 mln consensus."Our record results in the second quarter demonstrate the rapid growth of our market, our clear leadership position and profitably expanding market share, our growing partnerships with many leading carriers and the strong operating leverage in our business model". Co sees Q3 EPS of $0.13-0.14 and revs of $28-29 mln, Reuters consensus is $0.08 and $25 mln, respectively. Co also states that, "Fourth quarter revenues should benefit from initial volume shipments of EV-DO products to Verizon Wireless, which should ramp to full production throughout the fourth quarter and into the first quarter of 2005. Given the strong demand, we currently anticipate that revenues for 2004 will almost triple from the prior year to approximately $100 million", Reuters consensus is $90 mln.

To: Bill Harmond who wrote (21516)	7/26/2004 4:30:32 PM
From: bob zagorin	Read Replies (3) \| Respond to of 57684

a comment on anindo's investment style. by my reading, i'd say he's been advocating momentum investing on this thread for many mos.; making statements like wait till the market tells you what to do. that can work but it's also just as likely to get you to buy at or near the highs and sell at or near the lows. i know anindo was saying buy when this market was near its highs early in the year. imho, now is the time to go looking for good cos. that have been trashed but have great research, innovation and produts that can do well in the next 6-12 mos. don't buy a full position because the momentum might take them lower but buy enough to make sure you start following them closely. then buy more when the overall market stabilizes and your company starts move higher..