Thanks xraydoctor1999 for a sensible post. I was getting really tired of this board which has more than its fair share of the you-suck-no-you-suck banter.
WFII is profitable with recent hugh quarter surge in revenue (3X) and earnings (4X). In my books, that constitutes pretty phenomenal growth in comparison with other techs (not to mention it actually has a +ve PE and EPS).
I have no doubt that wireless is here to stay as each and every day 400,000 cell phones are sold in the world. So, the earnings potential of companies building/expanding the wireless networks and infrastruture will be very bright. WFII is a well-position company that is poised to catch this wave.
I learned the hard way (many times over the years) that the only sure way for price to go up (and stay up) is +ve earnings. And, WFII has that in spades!
Yes, I have no doubt that price will be extremely volatile during this lockup expiration period. But, for those who have courage, patience, and discipline to wait, this a keeper.
Has nothing to do with cell phones. this is a point to multipoint broadband data play. Huge potential here. other plays in this sector ADAP,ARTT,NTRO,DMIC. Just some facts, and never buy or sell stocks from what you read on message boards.