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Ceragon Networks Ltd. (CRNT) Message Board

  • make9wish make9wish Oct 2, 2011 8:14 PM Flag

    Ceragon closes a big under $11

    1. Integration is going well. Palti is a great manager, especially with getting cultures to gel, and focusing on execution. Ahead of schedule.
    2. Sales in Asia and USA doing very well. Expect two or three major contracts to be announced in Q4. Europe is the laggard, but possibly Eastern Europe will help.
    3. Expect YOY results to be good, and Revenues to advance considerably due to integration.
    4. Telco's will be major driver as facing exploding demand for bandwidth from Smartphones, iPhones, Android phones, and now iPad's. iPad's and the new Amazon Fire will create pent up demand for bandwidth and backhaul.

    Major buying opportunity under 11$ with a 14 to 15 dollar target by Valentines Day 2012.

    Regards to Magal.

2.45+0.04(+1.66%)Aug 29 4:00 PMEDT

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