FindProfit.com: Potential of Fixed Wireless Broadband Sector Still Locked

Date : 11/14/2005 @ 1:59PM
Source : PR Newswire
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FindProfit.com: Potential of Fixed Wireless Broadband Sector Still Locked

PRINCETON, N.J., Nov. 14 /PRNewswire/ -- FindProfit (http://www.findprofit.com/), an investment service that delivered an +18% average return in 2004 and is up an average of 9.1% through October 2005, today provided subscribers with an updated view of the fixed wireless broadband sector, including coverage of Terabeam (NASDAQ:TRBM), First Avenue Networks (NASDAQ:FRNS), IDT Corp. (NYSE:IDT) and XO Communications (OTC:XOCM) (BULLETIN BOARD: XOCM) .

FindProfit.com Editor, Bill Martin, says that XO Communications' recent decision to sell its wireline business and concentrate on its fixed wireless broadband network ends a "disappointing era" for the company.

However, XO Communications, and other fixed wireless broadband firms such as IDT Corp. and First Avenue Networks, may still find ways to unlock the potential of their assets.

Meanwhile, Martin says that Terabeam has improving fundamentals, but that a number of issues at the company need to be resolved for clarity's sake.

Sign up now for a 30-day free trial to FindProfit and gain instant access to FindProfit's in-depth coverage of the media, tech, telecom, financial, pharmaceutical and energy sectors, as well as our full investment commentary and comprehensive model portfolios, by clicking here: https://www.findprofit.com/subscribe/?refer=prnew4

FindProfit finds you winners and has beaten the market three years in a row. The service posted average model portfolio returns of 53.4% in 2003, 18.6% in 2004, and 9.1% through October 2005. This compares to average returns in the three major market indexes of 33.9% in 2003, 6.89% in 2004, and -2.1% through October 2005. All portfolio returns have been documented by a Certified Public Accounting firm.

About FindProfit.com:

FindProfit.com is a leading publisher of timely and actionable investment commentary for both individual and institutional investors. FindProfit's investment service gives investors the edge they need to consistently beat the market. For more information or to sign up now for a free 30-day trial to FindProfit, please visit: https://www.findprofit.com/subscribe/?refer=prnew4

NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

CONTACT: Marcie Martin, FindProfit, +1-888-440-6116

DATASOURCE: Indie Research, LLC

CONTACT: Marcie Martin, FindProfit, +1-888-440-6116

Web site: http://www.findprofit.com/

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