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Meru Networks, Inc. (MERU) Message Board

bottom_stkpicker 24 posts  |  Last Activity: Dec 15, 2014 9:21 AM Member since: Oct 14, 2004
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  • bottom_stkpicker by bottom_stkpicker Dec 15, 2014 9:21 AM Flag

    They r showing visibility into account receivable and taking bull by horn..out of 162 ..only 20 is charge..140 million , if assumed, collectable..the stock price is at bargain bin..

    GL

  • bottom_stkpicker bottom_stkpicker Dec 14, 2014 2:48 PM Flag

    Agree..I was leaning more towards DRWI but looks like CRNT may be good buy for next year..just if they r able to collect 25% of receivables..it is double from here..plus Chairman put money in this at 2.4 / 2.0 and 1.05..can't agree more..

  • Reply to

    Q3 expectations

    by ltetelecom Dec 3, 2014 10:04 AM
    bottom_stkpicker bottom_stkpicker Dec 5, 2014 4:02 PM Flag

    If technical point of view..first good closing...

    GL

  • Reply to

    I Get So Excited When This Goes Over $1

    by debtkills Dec 4, 2014 10:56 AM
    bottom_stkpicker bottom_stkpicker Dec 4, 2014 12:51 PM Flag

    But holding its 50 day moving avg..that was ( 1.2 ) 200 day moving avg which it touched and came back..now consolidating between these 2..

    GL

  • Reply to

    Q3 expectations

    by ltetelecom Dec 3, 2014 10:04 AM
    bottom_stkpicker bottom_stkpicker Dec 3, 2014 10:44 AM Flag

    No..but it leads for better q4 expectation with better GM..indian expansion / north American order..plus nokia contribution..

    Nothing against CRNT but it total broken stock ..additionally in last qtr they raised 45 million for working capital needs but turned out half of money was raised to return bank loan ( 23 million ) and 22 million went into account receivbles from already high ( 144 to 162 )..these r 2 red flags..if bank believes in company existence long term..normally they convert loan into equity. CRNT though may have good product but now can only survive if they can get some money from account receivables and they need to cut back ..as a result if DRWI execute ( it will come to now execution ) ..they r moving towards profitability..year over year comparasion getting better..

    From technical point ..needs to break and stay above 1.09

  • bottom_stkpicker bottom_stkpicker Dec 1, 2014 9:59 AM Flag

    Finally they took the overhang of supply away with today's press release..

    On November 28, 2014, the Company entered into an agreement to purchase 4,298,533 shares of Company common stock from the Estate of ReiJane Huai for a total purchase price of $4,685,400.97. The Company will take those shares into Treasury and the number of shares of FalconStor Software, Inc., common stock issued and outstanding will be decreased by 4,298,533.

    The transaction is expected to be completed by December 3, 2014.

    The Stock Purchase Agreement is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

  • Reply to

    Prediction

    by tltsahoy Nov 26, 2014 6:52 PM
    bottom_stkpicker bottom_stkpicker Nov 27, 2014 9:48 AM Flag

    Yes, it is possible..but volume other day ( 1.6 million ) make me think otherwise..It is on road to stay above 1 . Yesterday 200K volume touched exactly 50 day moving avg of .92-.93....From volume sense ..the direction may have changed..

    If it stays above 1 for 10 consective days..then some big fund has set the floor...

    Will see if it was fake or real surge

    GL

  • bottom_stkpicker by bottom_stkpicker Nov 26, 2014 5:07 PM Flag

    160 account receivables
    46 million cash

    350-400 million annual revenue
    Good market share in Latin America and indian market
    New product well received with book to bill ratio much greater than 1
    But management can't execute
    Listen to last 1 year cc ..full of excuses with two offerings diluting around 50%
    Zohar ..u turned radware ..same turnaround is required here
    Fire CEO and top management ..save in Opex ..sell the company to Ericsson
    Or bring new CEO

  • Reply to

    New institutional investor took position

    by bottom_stkpicker Nov 25, 2014 2:31 PM
    bottom_stkpicker bottom_stkpicker Nov 26, 2014 3:13 PM Flag

    Hit my last 1.00 limit

    Completed 20K buy at .97

    will see ..how it pans out

  • Reply to

    New institutional investor took position

    by bottom_stkpicker Nov 25, 2014 2:31 PM
    bottom_stkpicker bottom_stkpicker Nov 26, 2014 3:00 PM Flag

    Bought..10K at .92
    Bought 5K at 1.05

    3/4 th completed..

    Last 5k ..limit order at 1.00

    GL

  • bottom_stkpicker by bottom_stkpicker Nov 25, 2014 2:31 PM Flag

    Diker Management took 4.5 million position in this stock last qtr..check out at nasdaq ..institutional holding..

    If next qtr is also profitable, it's a rocket ..

    Technical analysis wise..uptrend has started..if it breaks 1.2 ..200 day moving avg..uptrend will be confirmed,,,

    Build position between 1 and 1.2 ..u won't regret in 6 months time..

    I have seen this movie play with different stocks..

    GL

  • bottom_stkpicker by bottom_stkpicker Nov 25, 2014 10:52 AM Flag

    Put Eggs in both basket..industry is at inflection point and both will rise..Indian market and North American market both r moving ..

    If CRNT can recognize some of its account receivables and bring them down..it will be great

    DRWI..year over year and quarterly trend are in its favour..now one can expect profitability.
    ( Indian expansion , north American order plus south African win )

    GL

  • bottom_stkpicker bottom_stkpicker Nov 24, 2014 2:04 PM Flag

    don't sell on spikes..it will settle down now between 1 and 1.2 ..Nasdaq compliance notice will come of above 1 ..wait for news of Verizon out..

    Hint : Intel news was in cc for 2 qtrs., but when they recognized first revenue..stock went from 1.77 to 2.8..

    Hold tight ..until CEO under promise and over deliver..he is doing favour to himself, company and its shareholders.

    GL

  • Train is about to leave the station..quiet accumulation at 50 day moving avg.

    Buy 50% now and another 50% at 1.00 to make sure it has upward legs..

    Stop loss..0.84 ( things can go wrong in stock market :-) ..no ifs and buys )

    GL

  • Reply to

    Swirling down the drain

    by punchythumperstein Nov 21, 2014 1:23 PM
    bottom_stkpicker bottom_stkpicker Nov 21, 2014 2:45 PM Flag

    Don't know about BK but 60-80 cents range is coming.. That's pretty much visible..Hale partners / BOD and CEO collective effort. No credibility on the street..u can't fight the trend.

  • Though I was skeptical of CEO of his Over promising and Under delivering constantly, but last qtr that changed. He over delivered and under promised by not guiding for Q4. Taking into account there were no Intel revenue which were expected and no Verizon talk..Q4 should be profitable and opex stable..The company with more than 75% GM..this could fly like it did on Intel news 6 months back..

    He kept his enthusiasm low when asked about MSO though looks like Verizon from Telco side for M2M ..Cable from Wireless connectivity side..and Sprint from Software side..

    Ingredients are good ..if executed..may turn out to be a good reciepe in terms Stock Price..

    Balance Sheet is now stable with last offering..

    Keeping fingers crossed.

    GL

  • bottom_stkpicker bottom_stkpicker Nov 7, 2014 1:49 PM Flag

    here the selling is coming from...this is dead stock until Estate unloads their 5 million stock ..or it will be slow drop ..dropping ..dropping..

    from 10-q filed today ..and there was filing from estate also on 4th nov..

    In September 2014, the Estate informed the Company that it had an agreement for the sale of 600,000 shares of the Company's common stock in a private transaction. In accordance with its rights under the Settlement Agreement, the Company assigned its right of first refusal to purchase those shares to an unrelated third party.

  • bottom_stkpicker by bottom_stkpicker Oct 31, 2014 8:54 PM Flag

    In CC, they mentioned about SDS..Is there Unified Data Platform targeted towards that..

    If true..it will be huge..specially Nicira name in this space which lead to divorce of Cisco and EMC.

    On Wikipedia..SDS means following..
    Software-defined storage (SDS) is a term for computer data storage technologies which separate storage hardware from the software that manages the storage infrastructure. The software enabling a software-defined storage environment provides policy management for feature options such as deduplication, replication, thin provisioning, snapshots and backup.

    By definition,[1] SDS software is separate from hardware it is managing. That hardware may or may not have abstraction, pooling, or automation software embedded. This philosophical span has made software-defined storage difficult to categorize. If it can be used as software on commodity servers with disks, it suggests software such as a file system. If it is software layered over sophisticated large storage arrays, it suggests software such as storage virtualization or storage resource management, categories of products that address separate and different problems. In March 2014 SNIA began a Draft Technical Work available for public review on Software Defined Storage.[2]

    Based on similar concepts as software-defined networking (SDN),[3] interest in SDS rose after VMware acquired Nicira (known for "software-defined networking") for over a billion dollars in 2012

  • bottom_stkpicker by bottom_stkpicker Oct 31, 2014 11:43 AM Flag

    U r having a good dream to poach into Addressable market of Nimble etc..If the rumour on the street is true as mentioned in cc yesterday that u blew past the specs in your product development with violin..better sell the company to some OEM instead of going for partnering..

    Street is not valuing ur technology ...

    Cash : 26 Million
    Market cap : 45 million
    Defferred rev : 34 million
    GM : 74%

    If u even have a working prototype to address that market growing with 150-200%..will write over here in 6 months after your 19th feb product announcement..whether it was a bluff or u made it.

    GL

  • bottom_stkpicker bottom_stkpicker Oct 20, 2014 2:47 PM Flag

    Stock is behaving more earratic..more downwards with increase volume ..specially after Chris Poelke presentation on Oct 5

MERU
3.75-0.01(-0.27%)Dec 24 12:58 PMEST

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