i know he covers this stock but was wondering if anyone knows his price target. I think this could be huge as all his other picks have turned to gold. i need something to push me over the edge to commit to this. thanks for any info
actually John Todd does not cover RDCM. it isnt in his area. The C.E. Unterberg analyst who covers RDCM is Seth Spalding. Either way, in Nov. C.E. Unterberg raised its earnings expectation for next year from something like 6 cents per share to 23 cents per share. That is a dramatic increase and I dont think they would have made it unless they "knew" something. I expect earnings will be very good.
Here are the companies that Seth is covering (source: CEUT webpage):
Seth Spalding Broadband Technologies: Adaptive Broadband Corp (ADAP), ADC Telecommunications, Inc. (ADCT), Antec Corp. (ANTC), Catapult Communications Corp. (CATT), Harmonic, Inc. (HLIT), JDS Uniphase (JDSU), Mobile Data Solutions, Inc. (MDSI), Radcom, Ltd (RDCM), RIT Technologies (RITT)