Proxim (PROX) - wireless networking products Message Board

To: MSI who wrote (351)	5/7/2003 2:06:16 PM
From: Rob Preuss	Read Replies (2) of 366

I've been watching PROX out of the corner of my eye ever since WMUX merged with them instead of STXN. I'm a big fan of STXN both for their products and their management. WMUX and PROX are in "hot" sectors but I have had a VERY dim view of their management... their poor management has kept me from investing anything in PROX and it has kept me from doing any more in-depth investigation of the merits of their products/technologies and sales organizations vis-a-vis their competition. Recently, I saw some mention of management changes at PROX so I might start to reconsider this as an investment. However, it would take more than the departure of 1 or 2 senior execs to change my mind about their management... and then I'd have to see how they stack up against the competition (hot sectors tend to draw lots of competitors). Do you know anything about the recent management changes at PROX? Are they extensive (or is it simply that 1 or 2 execs jumped ship)? Are the replacements any better (and how were they selected)? Rob