Lebed.biz Stock Profiles: January 4th, 2005: We are profiling Airspan Networks Inc. (AIRN) at $5.02 as a long-term strong buy. AIRN is a global supplier of broadband wireless access (BWA) equipment that allows communications service providers, Internet service providers and other telecommunications users, such as utilities and enterprises, to deliver high-speed data and voice services using radio frequencies rather than wires. AIRN recently announced that they are acquiring ArelNet Ltd. in a $8.7 million cash and stock deal to reinforce its position in the Internet telephone and wireless markets. AIRN has had major revenue growth during the past year with revenue totaling $66 million for the most recent twelve months. AIRN is sitting on a huge $68 million cash position and has no debt. We know some of AIRN's suppliers and are hearing that big things could be ahead for this company.