I'm long PROX, but I really doubt LU would be interested in making a buyout bid. Proxim and LU have been in standards war for the last couple of years. Would they bag the whole thing just one up Cisco?
On the other hand, I think Motorola or Intel are very likely candidates to buy Proxim. And I do agree that Cisco's announcement validates, strongly, the W-LAN marketplace.
What if Cisco buys Prox, also? CSCO is a very forward thinker and mentioned the great demand for w-lan services. This is all pure speculation on my part and I'm not trying to start a rumor. I was just wondering if any of you thought PROX would be a good fit for CSCO? It would certiantly explain the upward price movement. BEER
I hope PROX does not rock the boat and try to be creative. It is best that they sit back and just try to increase market share and sales. Just wait and a Great looking White Knight will come by and that way we all can make some serious $$$$.
"And I do agree that Cisco's announcement validates, strongly, the W-LAN marketplace."
That is a critcal observation. The important development is the ability of wireless handsets to access data on the internet - PCS has one now and Nextel will rollout next quarter. With that ability to access the internet, they can also access intranet networks. There is increasing use of wireless within single buildings and campus environments. Bill Gates recently said that he wants the entire MSFT campus to be wireless - we are at the beginning of that wireless sector. That trend or development is clear now - the demand is here now. Hence, the CISCO move. PROX has a huge future. And there is enough food on the table for all - including competiion with AIRO. The market will be big enough for many players competing with one another - although, presently, the comeptition is limited.
Every handset manufacturor is now producing a data-wireless-handset. That is the reason the W-LAN sector will explode. The market is ready to boom.
I accept you comment about MOT and INTC - but LU is not going to be denied, and the way to iron out a dispute is to buy PROX. LU wants to be #1 in all fields - there is no way in hell they are going to stay out of the W-LAN sector with the potential as large as it is going to be.
Wireless data traffic will be larger than voice traffic in just a few years. The W-LAN sector will boom. PROX is a pure play -