I would like to trim my holdings of CRNT but I'm not willing to give the shares away as I can see a track for their success and think the odds of hitting that path are solid. I look at DRWI and I just go "whoa, you're not even close!"
Still, they might reduce their losses slightly by increasing margins to a whopping 15%, declare victory and sell more shares. Following which they will lose more money. So it goes.
DRWI came very close to going away when they were struggling with the stock issuance. Read the documents, it was pretty obvious even if the ratchet provisions were unintelligible. It was pretty obvious that they were looking at selling too.
The analyst was Peter Misek from Jefferies. He basically said that there had been a lot of price aggression from competitors (hey it was plural and not specific to Dragonwave) and went on to say "at what point in time do we see one of the competitors drop out? Or how should we think of industry consolidation?"
The CEO of Ceragon said that those who lag product wise use pricing to stay in the game for awhile. He also said he did not expect them to go out of business soon or around the corner.