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Ruckus Wireless, Inc. Message Board

  • spartacusad Oct 4, 2013 4:34 PM Flag

    What is the story with this company?

    Just stumbled on it...

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    • There is an article in Barron's magazine, 10/22/12 issue by Tiernan Ray, who I consider one of the best technology reporters, titled, "Bye-Bye PC". Tiernan writes the following:
      Another company to watch is Ruckus Wireless, which makes equipment that helps carriers offload cellular traffic onto public Wi-Fi hotspots. That is important because the faster connections of the latest smartphones and tablets will cause a surge in bandwidth usage, taxing the precious spectrum. Craig Mathias with Farpoint Group calls CEO Selina Lo "one of the smartest people I know" and a skilled entrepreneur. Ruckus recently filed documents for an initial stock offering.
      I bought stock at the IPO and later and I am waiting for it to take off. Its market is growing at over 50% per year. UBNT has performed better, but I think RKUS will do well.

    • This company is a great growth company. WIFI will be the next market driver for mobile phones, tablets, etc. they are very well positioned and their only real competition is Cisco. Do the research yourself. You won't be disappointed with the fundamentals. I am going to be conservative and say that this company will close above $20 by years end. Hope this limited info gives you some insight on your decision. Good luck.

      Sentiment: Buy

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