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Author Topic:   Western Multiplex (WMUX)
davesandy@mindspring.com
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posted 12-07-2000 09:22 PM            Reply w/Quote
quote:
Originally posted by InvestorGuide Daily:
Broadband company Western Multiplex (WMUX) priced at $12, opened at $13.5, closed at $14, and raised $90 million.

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posted 08-01-2000 06:46 PM     Click Here to See the Profile for InvestorGuide Daily      Reply w/Quote
Broadband company Western Multiplex (WMUX) priced at $12, opened at $13.5, closed at $14, and raised $90 million.

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Western Multiplex makes point-to-point fixed broadband wireless communications systems. The company's Lynx systems are used by wireless telecom providers to connect base stations and wireline networks, and its Tsunami systems are used to build private internet-based networks. It has also acquired a company that develops point-to-multipoint systems with similar applications. Western Multiplex sells its products directly and through resellers to telecom providers and business customers including AT&T, Bell Atlantic, Motorola, Nextel, and Voicestream. The company plans to raise $115 million but an IPO date hasn't been set yet. (source: SEC filing)

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