RealTime IT News

E-Mailbag Monday: CoSine, Informix, Fixed Wireless

What's hot for the IPO market this week?

Reply: Look for a hot performance from CoSine Communications. The company has built an advanced platform for Internet Service Providers to offer value added services. The platform is an open architecture, so customers can be flexible with their offerings.

The technology seems particularly timely, as Internet Service Providers are seeking new revenues streams. Also, CoSine has great backers, such as Kleiner Perkins.

The lead underwriter is Goldman Sachs and the price range is $20-$22 (the company intends to issue 10 million shares). The proposed ticker symbol is COSN.

Informix: Bottom Fishing?

Informix is way off it's lows. Is it time to consider buying it?

Reply: I think the company could very easily stay at these levels for some time. The 52-week range is $3-11/16-$21-3/4. Currently, the stock trades at $4-9/32.

Informix has history of problems. And, yet again, the company announced a new restructuring. The company will be split into two operating companies: database management and e-business. Unfortunately, the company also announced that it will have a third-quarter loss. Wall Street had expected a profit. What's more, the company's chairman resigned last week.

Based on the company's past performance, I think Wall Street will be very skeptical of Informix. So, the company will need to show at least two quarters of progress before the stock shows strength.

Fixed Wireless: What Does It Mean?

I've been hearing lots about fixed wireless. What is it?

Reply: For consumers, the most common ways to get broadband Internet access are: DSL and cable modems. But what if you live in a rural area and you do not have these options? Well, one possibility is satellite access, such as through DirecPC. But this can be expensive.

Or, another possibility is fixed wireless. This uses transmitters to beam data over microwave frequencies. The data can be transmitted over distances of 35 miles and the speeds can reach 1.5 Mbps. Although, the pricing will likely be high - as the service is fairly new. But like any other Internet service, the pricing will inevitably fall.