This came public on March 26, 2007. If this is such a great company why did the Venture capital sponsors sell in Sept? look at the volume spike right at the end of the 180 lockup period in sept. Looks like they sold out. Now take a look at the point and figure chart on Stockcharts.com. Looks worse than I thought. They see it going to ZERO. Expenses are growing as fast as revenues...Cisco and Motorolla are nipping at their heels with aggressive pricing. The Patent infringement suit is a drag. This thing should be priced based on about 98 million shares outstanding not 76. The Venture Capital warrants and options have to be counted. This thing could easily to go 1 or 2 dollars. Talk about a panic drop if it breaks $4.
What analysts?..you have one upgrade in a sea of downgrades. No one will want this thing..their biggest reseller Alcatel Lucent just eliminated their dividend for 2007 and cast a down outlook for 2008. The shares are already down 75% in the last six months..lol..I don't need to short it..it will hit 2 or less just fine without me.