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To: MangoBoy who wrote (8249)9/15/1998 2:29:00 PM
From: Bernard Levy  Read Replies (3) | Respond to of 12468
 
Mark and the thread:

Regarding BLAST and smart antennas, note that CSCO
purchased today Clarity Wireless, which is a smart
antenna company which uses space-time signal processing
to increase link capacity. Here is the announcement:

biz.yahoo.com

The announcement mentions P-P and P-MP products,
which surprised me since I did not know Clarity was
in the P-MP business. The purchase price of $157M
looks high for an outfit with 39 employees, particularly
if one compares it with the price tag the market is putting
right now on PCMS which appears to be bottoming out
at last (my last post may have been slightly too bleak,
but I would still advise caution).

Best regards,

Bernard Levy