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DragonWave Inc. Message Board

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  • foxeelicious foxeelicious Aug 21, 2012 1:29 PM Flag

    Getting ready to crater?

    Maybe you guys are right, that the company has to hit rock bottom to give management a kick in

    you know what. Just looking at both sides of the coin, if sub $2 is the correct price, why is it not

    there already? Is it because they just sold a load to Sprint? Is it that Nokia Siemens has signed up

    a bunch of LTE deals around the world? They are landing new customers as reported in the FCC.

    If it goes to sub $2, seems maybe it is time to load up a whole lot and sell at $3 for example.

    I will of course figure that one out if it happens.

    Right now, I agree this company keeps a lot of people guessing. This is kind of like a poker game--lol.

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    • Just to be clear, I have no idea what is going to happen. For all I know NSN is a great deal and they have the best product bar none.

      I'm just saying there is plenty of information out there that should scare the crap out of shareholders. Some of my best investments were made when I was scared but I always trusted management's commitment to shareholders and I'm just not seeing that here.

    • greedyone222@att.net greedyone222 Aug 21, 2012 1:40 PM Flag

      Foxy, when I spoke with investor relations he (John) said that the new business going forward would squeeze margins. That being the case, they will have to sell more product to achieve the same profit or earnings per share. That coupled with all the uncertainty there will likely be no major outlays of capital in the near term. I also continue to think they are not best of breed in this sector.

      JMO,

      Greedy

 
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