I bought several shares of this company on word of mouth from my broker. Then again, my broker does work for Morgan Stanley Dean Witter, the underwriter of the IPO ;-)
I think we will have to be patient with this stock, as another poster (JimmyC44) said, since it has not yet caught the attention of Wall Street. We've only begun to scratch the surface of the capabilities and advantages of high frequency transmission/broadband access.
The company is showing good signs of growth. Be patient, and I feel those of us in it for the long haul will be aptly rewarded.
OK...so fiber optics are creating the ability to move huge amounts of data around the world very very cheaply. The big bottleneck is in the metropolitan areas. How do you get the data from the long haul fiber to the corporate user (we are talking about a business solution here...not consumers).
Ceragon uses the airwaves to deliver huge volumes of data to the end user...quickly and cheaply. You don't have to wait for the construction crews to run that fiber line. With so much on the plate you can't get poeple to get that work done. Ceragon has a much quicker solution.
This company is not about RF...it's about last mile bandwidth. Companies in that space are getting very big valuations. At some point this will be recognized about Ceragon and the shareholders will be well rewarded.
Crnt is so quite since ..... I am expecting some good news any time soon.... I am taking advantage of the current rough time of the market condition(Nasdaq) to accumulate more ..... After the news and the earnings release. We will see Crnt in the low 30 and +