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Powerwave Technologies Inc. Message Board

  • gadzillionman gadzillionman Feb 14, 2009 7:38 PM Flag

    I READ EARNINGS CALL......

    and still a long term bull on PWAV, I will add to position on monday to average down from 3.31. PS IF PWAV doesnt get bought in 1 year, they will survive & be profitable in 5 years?

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    • ninetyjoe@ymail.com ninetyjoe Feb 14, 2009 8:02 PM Flag

      They have actually only ever had one profitable year (2005).
      This was on the back of the LGP Allgon acquisition and some nicely profitable type of products that no longer have a market (OEM's took the PA business in house)

      They won't get bought, there is nothing to buy!

      A remote chance some of the OEM customers would buy their product lines to ensure supply, but this is a buyers market.

      If the OEM's did this, then Powerwave would shrink to nothing as the OEM's are the core business (70%)

      Powerwave are stuck between a rock and a very hard place at the same time as being up a very well known creek, no paddle and up to their necks.

      Doomed long term

      Never ever ever profitable, just grew through acquisition.
      Those days are gone. They have been hit hard by the crisis because they are a perfect example of what caused it.

      Read the last 5 year end calls. and see how they fail to deliver on a repeated basis.

 
PWAVQ
0.00170.0000(0.00%)Jul 23 12:58 PMEDT

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