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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (2707)4/20/1999 8:43:00 PM
From: Hiram Walker  Respond to of 4134
 
Mark, actually I am buying CAMP right now,in the 4-5 range. I see strong insider accumulation,and an acquisition of its competitor and also a two way sectorized cross polarization system that is being used by Videotron in San Francisco. I like that Videotron company they are a real mover. I think the service is called Wavepath.
Tuesday April 13, 9:02 am Eastern Time
Company Press Release
SOURCE: Wavepath
California Amplifier Equipment Selected for First Two Way MDS Deployment
Wavepath Implements Breakthrough Sectorized Architecture
CAMARILLO, Calif., April 13 /PRNewswire/ -- California Amplifier Inc., (Nasdaq: CAMP - news) a leading supplier of RF subscriber equipment to the wireless broadband industry, and Wavepath, the San Francisco Bay area's premiere provider of wireless local loop services, announced the first deployment and use of a 20 degree sectorized antenna in a commercially operating two way wireless broadband system using MMDS and MDS frequencies.

Wavepath's two way sectorization plan was fully implemented this month, using California Amplifier supplied RF and antenna equipment. The network utilizes the MMDS (2.5 to 2.686 GHz) frequency band to transmit signals to subscribers and MDS (2.15 to 2.162 GHz) frequency band to transmit signals on the return path. Through this network, Wavepath provides the most widely available high speed Internet access solution in the Bay area. The company's flagship service, iSpeed, is marketed in the Bay area through leading Internet Service Providers (ISPs), including Bay Junction Technology, Concentric Network, DNAI, ISP Networks, LaunchNet, LanMinds, MasterLink, Reality Networks, SlipNet and Urjet.
The acquisition was a competitor that they crushed for a p/sales of just 0.5. They had 21 million in sales,and CAMP bought them for 9 million,and they are profitable.
Tim