Beat estimate of 15 cents, however I could never
figure out why the analyst didn't bump up Q2 estimates
from .15 when Q1 came in at .15
I expect to see
Q3 estimate to be bumped up to ~.18 and possibly see
FY99 estimate bumped up to close to .70
in YTD revenue. Anyone have any idea how much of
that was related to Symphony or are we gonna have to
wait until the annual report?
is Lucent (LU), Symbol (SBL), Aironet (AIRO),
Sierra Wireless (SW.TO) among others.
and Symbol are more diversified companies and are not
pure plays even if they are both well
Aironet is a pure play but currently has shrinking
revenues (30% drop in last two years) and is unprofitable.
Additionally their parent company Telxon (TLXNE) has had
problems over the last decade with sweet insider deals,
funny bookkeeping, and no profits.
wireless only plays in a small segment of the market.
>I bought Zbra with the proceeds and I am very
Well, I'm glad you're happy. Zbra seems sensible
enough, though I didn't look at it
>This is so overpriced
Yes, I know you and many
others think it's overvalued. As you know, I don't
believe in selling at high valuations, but when the
fundamentals change for the worse -- or if I absolutely need
cash for a better investment and this is the worst
stock I have. This obviously results in lower portfolio
turnover (and high turnover is the bane of most
underperforming mutual funds), and removes the risk of missing
out when your well-run company takes off. Peter Lynch
and Warren Buffett and the Motley Fool all advocate
this, so don't knock it.
Heck there are plenty
of investors and funds that don't even factor
valuations when *buying* stock, and in fact, most
value-oriented funds have been getting creamed by the S&P and
growth-oriented funds the last two years.
Look at www.homerf.org they released a standard
call SWAP which is targeted to creat compatible
products for the home. Look at the list of members. It's
the same group that created USB. Do you consider that
a standard??? I think so. Intel and Motorola
invested 10 million each in Proxim for SWAP based product.
Proxim also annouced products for SWAP.
Today there is "NO IEEE compliant" product today.
Why because the specification has not been released
from the IEEE commitee. Apple's info say's "BASED ON"
the 802.11 IEEE. Please research the new ruling from
the FCC regarding highspeed DS products. You'll find
that when the true 802.11 highspeed spec is release
those vendor with current product will not comply with
the FCC ruling. So if you can't use the airwave you
don't have a product.
If prox wre valued at a healthy 3-4 times revenue
(i.e. $20-25) these questions would be relevant. At its
current price all you need to know is that home RF is not
yet even a small success. Prox has lots of
competition not to mention LU at least and that the price
will be very competitive. This stock could drop in
half and still be highly priced. Get out while you
still have a profit. Nothing wil support the current
O.k. here's my two cents.
Apple is still
just a small part of the universer, although Lucent
could sell that technology to the pc world.
understanding of the apple stuff is that it just connects you
wirelessly to the internet and to other ibooks. No
connection to your desktop or to printer or other
peripherals. Is their internet sharing if you have two
On the other hand, symphony, whatever its
limitations and non-standard nature is a true lan with file
sharing, internet sharing, etc. Am I missing
Pluses for Proxim:
It, to a limited extent, has
become on the virtue of always winning the reviews, the
brand name in home networking.
But it has to
build on this.
I assume the investments by Intel
and Motorola (I hope Motorola knows more about what
they're doing than with Iridium) were for product
development and not just as an investment.
have a high speed system coming out soon. I don't
think the average home user cares about standards.
Remember there are many lan standards already.
I think must be done to counter Apple is for them
to sign a deal to become the proprietary wireless
lan for a major boxmaker. If they could sign a deal
with Dell, Gateway, or the like that would blunt the
Bottom line, I have three computers
in my home and so do many of my friends. I have only
one printer and it's a pain to either put my print
files on a floppy and with web pages it doesn't always
work anyway. I have three kids and we're always
fighting each other to get on the net. Families like mine
are the future of home lan.
(On the other
hand, stocks price may be ahead of itself. Thinking
about selling calls.)
Appreciate any thoughts
about any of this.
Boy are you missing the idea here. Proxim
Symphony is Non-standard. User can't the same card into
the office. Apple is based around IEEE standards and
user can take PC into office or other locations. Also
price comparison is apples and oranges. Apple/LU radio
is 11 Mbps. Dive Proxim!
Helium was up.
Feathers were down.
Fluorescent tubing was dimmed in
Knives were up sharply.
steered into a bull market.
Pencils lost a few
Hiking equipment was trailing.
While escalators continued their slow
Weights were up in heavy trading.
Light switches were
Mining equipment hit rock bottom.
stayed at an even keel.
The Market for raisins dried
Caterpillar stock inched up a
Sun peaked at midday.
Balloon prices were
Diapers remain unchanged