Robertson Stephens Reiterates Buy Rating onNTRO.

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 21, 1999--

Robertson Stephens Managing Director and Senior Communications/Networking Analyst Paul Johnson today reiterated his Buy rating on Netro Corporation (Nasdaq:NTRO), after the company reported strong third quarter results. Netro designs, manufactures

"We are reiterating our Buy rating on Netro, after the company reported third quarter financial results ahead of published expectations," said Johnson. "Revenues of $5.2 million and net loss of $0.17 per share compare with our published estimates of $4.4 million and a net loss of $0.31 per share, respectfully. Revenues in the quarter were driven by increased deployment of base stations, end terminals, and a one time shipment of an older product in the quarter."

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