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Greetings, I have mostly been reading other people's picks, but I figured I might as well share one of my own that has not been mentioned here yet
They deal with the very hot technology of Wi-Fi right now and about a month ago they reported a 15 Mile Wi-Fi Shot at over 4Mbps. The company was recently profiled by BusinessWeek Online and 802.11 Planet, "The Source for Wi-Fi Business and Technology." In the piece entitled "Long Distance Wi-Fi," (www.80211planet.com/columns/article.php/2191841) Mr. Edward Hold, a wireless analyst with Current Analysis in Sterling, Va., maintains that this breakthrough "could considerably change the nature of the Wi-Fi market."
Anyway, do your DD, but I have been in with 40k @ 0.02 since last month and while it does trade between .02 and .025 I think getting in now would still be very profitable. I see this stock hitting .04 on any news.. and they are due for some news any time now.
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So, I guess no replies means nobody has heard of them or been following them? Low volume the past few days, but I've been seeing bids and asks ranging from .017 - .022
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Still moving up after some profit taking earlier this morning... up 126% today.
Posts: 1051 | From: Michigan | Registered: Sep 2003
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Nice Dude I did actually pick some up at .02....41k to be exact so let's u and me ride the wave dude!! Nice pic too!!
Posts: 546 | From: Methuen, MA, USA | Registered: Aug 2003
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THANK YOU! This board is the BEST! Bought a few K at .029..not too late, appearently! I think I will hold until this stock hits .10..which won't take long, one or two more big name customers and we will be there!
Posts: 75 | Registered: Aug 2003
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Nice Pick, There are so many winners to choose from on this board. I hope the word doesn't get out about all these really cool peaple : )
Posts: 248 | From: Schenectady, NY USA | Registered: Aug 2003
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I knew some news was coming, but I wasn't expecting this news today. Still waiting to hear something else about that 15 mile wi-fi test then did back in august... hope it comes out this week
But in this latest article they mentioned that DNS was looking at products from 3 other companies, one including Cisco, and FGWC got the sale. Pretty good when you can beat out a big name like Cisco.
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A lot of profit taking going on yesterday, and it pulled back a bit from tuesday's big gain, but it is still sitting at 100% over what it has been at for the past few weeks.
I just increased my position on this and picked up at 0.031. Looks like it is going to stay just over 3 cents until the next deal is announced, where I would expect an even higher increase than what we saw on tuesday
[This message has been edited by Jeremy (edited September 18, 2003).]
Press Release Source: 5G Wireless Communications, Inc.
5G Wireless Communications, Inc. Presents Positive Business Developments to Southern California Investment Association Wednesday April 7, 10:00 am ET
MARINA DEL REY, Calif.--(BUSINESS WIRE)--April 7, 2004--5G Wireless Communications, Inc. (OTCBB:FGWC - News) announced today that the company was featured at the Southern California Investment Association's bimonthly forum on April 3, 2004. The event showcased emerging-growth companies to an audience of investment and merchant bankers, broker dealers, investment advisors, analysts, financial service managers, venture capitalists, investor relations, industry consultants, securities attorneys, media and qualified investors. The presentation by 5G Wireless CEO Jerry Dix spotlighted the progress made by the company in launching its G-Force family of broadband wireless solutions. Recent successes including the full-scale implementation of 5G Wireless systems at UCLA Anderson School and the City of Garden Grove were discussed, along with other corporate developments that have raised the company's profile and allowed it to build market momentum.
5G Wireless CEO Jerry Dix explained, "S.C.I.A. is an influential organization that has played an active role in the success of many tech organizations in this area. The high level of interest from the audience at our session was very gratifying. We were inundated with inquiries from investment bankers, analysts and others in attendance. Raising our profile within this community, and making investment professionals aware of the market value of our broadband wireless products is a priority in fostering the company's future growth. We will continue to present the 5G Wireless story to S.C.I.A. and its affiliates from coast to coast."
About Southern California Investment Association, Inc.
The Southern California Investment Association (S.C.I.A.) is a comprehensive organization developed to facilitate stock support and capital formation for companies in the region. The organization is part of an expanding national alliance of more than one hundred and fifty NASD member firms, investment and merchant bankers, investment advisors, analysts, financial service managers, venture capitalists, investor relations, industry consultants, securities attorneys, media and qualified investors.
S.C.I.A.'s goal is to assist its member network and to build exposure and support for small to medium listed and emerging-growth companies through its bimonthly forum at which cutting-edge national and international presenting companies are showcased.
5G Wireless Communications, Inc. (www.5gwireless.com), located in Marina del Rey, CA, develops and sells wireless broadband solutions. 5G Wireless customers receive dependable, high-speed Internet access at significantly lower acquisition and implementation costs than most major competitors.
5G Wireless' products are distinguished by their exceptional data rate/range, number of concurrent users, line-of-sight capabilities and a unique security protocol. These features are particularly significant through 5G Wireless' use of IEEE 802.11b enhancements for "last mile" roaming and point-to-multi-point networks.
For additional information, please visit www.5gwireless.com or call (310) 754-3784.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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5G Wireless to Market Municipal Broadband Networks at Annual MISAC Trade Show
Business Editors / High-Tech Writers
MARINA DEL REY, Calif.--(BUSINESS WIRE)--Nov. 4, 2004-- 5G Wireless Communications, Inc. (OTCBB:FGWC), an emerging leader in the wireless broadband industry, announced today that it will be one of a select group of exhibitors at the third annual MISAC Training Conference, Nov. 7-9, in Irvine, CA. MISAC, the Municipal Information Systems Association of California, whose members include the Chief MIS officers of CA city, county and municipal governments, serves as an advisory body to the League of California Cities and the Government Technology Conference. It also offers the Excellence in Information Technology Practices Certification Program that recognizes exemplary Information Technology (IT) practices and is intended to foster peer recognition of outstanding achievements. "This is a very targeted event that delivers a very specific set of high quality prospects in a key vertical market," stated Peter Mansfield, 5G Wireless VP of Marketing. "Our intention is to leverage 5G's successful California network installations with Garden Grove, Oxnard, and Pleasanton to accelerate penetration throughout this and other states. We're discovering that our minimal hardware requirements and reduced installation and administration tasks, resulting in an overall lower total cost of ownership advantage, is well received among municipal IT directors for whom technology budgets are becoming increasing tight."
About 5G Wireless Communications, Inc.
5G Wireless Communications, Inc. located in Marina del Rey, CA, develops and sells wireless broadband network solutions. 5G Wireless customers receive dependable, high-speed internet access at lower acquisition, implementation and maintenance costs than most major competitors. 5G Wireless products are distinguished by their exceptional service area range, throughput speeds, number of concurrent users, non-line-of-sight capabilities and unique security protocol. These enhancements are compatible with standard IEEE 802.11b WiFi equipment for "last mile" roaming and point-to-multi-point networks. For additional information, please visit www.5Gwireless.com. Or call 800-916-1611.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise. All product or service names mentioned herein are the trademarks of their respective owners.