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Technology Stocks : Wi-LAN Inc. (T.WIN) -- Ignore unavailable to you. Want to Upgrade?


To: William Whitehead Jr. who wrote (166)5/8/1999 1:56:00 PM
From: Hatim Zaghloul  Read Replies (1) | Respond to of 16863
 
Good morning Whitey,

It is very difficult to give an expectation of proper valuation especially as I am wearing the CEO hat.

However, we know that Boradband Networks Inc. (BNI) was on track for a CDN $20MM year and was bought by Nortel for about CDN $600MM in January 1998. BNI was in in the business of local multipoint distribution systems which is wireless products operating in frequency bands above 20GHz. I do not think BNI's technology was close to becoming a standard but I think they were close to landing a big contract. In 1998, Amati was bought by Texas Instruments for about the same. Amati developed an asymmetric digital subscriber loop (ADSL) technology that was licensed by a number of the big companies. As you know, ADSL is the high speed data offering of the telephone operators (Telcos). In 1999, Nortel bought Shastra for about the same.

You have to do some homework to see how we compare with these companies. You also have to keep in mind market conditions (both the public stock market and the need for the product of the company). With about 20MM shares fully diluted, Wi-LAN's market capitalization at $5.75 per share is about CDN $115MM.

I hope this helps.

Hatim



To: William Whitehead Jr. who wrote (166)5/9/1999 9:32:00 AM
From: SurfForWealth  Read Replies (1) | Respond to of 16863
 
Whitey, Thanks for your great post, good question! I've rewatched the CBC clip from tape a couple times and like it more each time. I sense that WIN is still rather an unknown but it is fast gaining recognition and respect. WIN is definitely a keeper as the potential is enormous. This wireless industry is just beginning to roll and I believe offers tremendous investment opportunities for people with forsight and patience. I also feel that the Canadian small cap high tech co's had been overlooked but that is changing quickly as more & more International investors jump on board.
Dr. Zaghloul, regarding Wireless Knowledge, the joint venture between Microsoft & Qualcomm, this company has the power to literally change our world and with their endless resources will certainly be a world leader in the wireless industry. Could you comment on whether WIN's technology would make a desirable fit to the WK strategy? Thanks in advance. Cheers!!!