Replies to post #252 on Axesstel Inc. (fka AXST)

[OLDSCHOOL110]

I'm liking the Outlook in AFT, it's inching up slowly under the radar imo


Outlook

The company expects full year 2008 revenues to exceed $100 million, up from $82.4 million in 2007. Additionally, the company believes data products will contribute more than $60 million in revenues in 2008, up from $38.5 million in 2007, and will exceed phone revenues for the first time on an annualized basis.

Recent Highlights

-- Entered into a distribution agreement with Brightstar for Venezuela, which has the option to be expanded into other Latin American countries.

-- Completed working capital line of credit with Well Fargo to support sales and manufacturing requirements.

-- Received first production order for approximately $2.6 million from PT Smart Telecom for USB modems.

-- Exhibited at the GSMS Mobile World Congress held Feb. 11 - 14 in Barcelona, Spain:

-- The newly designed GSM fixed wireless phones and terminals - the PG100 series, PG430, PG530 and TG230 - are generally available for order now.

-- The HSDPA models - the MD130, HSDPA USB modem that support laptop or desktop users and the MD430, HSDPA Wi-Fi Gateways - are expected to be available for order in the second half of 2008.