bronk valuation certainly states otherwise. These Sales / Orders are being communicated to the street in the manner they are because after two quarters in a row of very disappointing revenue markets needs some form of evidence Allot and the products they offer to the market are relevant. Bronk be happy that Allot is winning some meat on the bone contracts! New Paradigm too early to comment on that .
LTE network solution enables granular visibility and enhanced monetization opportunities for a base of tens of millions of subscribers
HOD HASHARON, Israel, October 21, 2015 /PRNewswire/ --
Allot Communications Ltd. (NASDAQ, TASE: ALLT), a leading global provider of intelligent broadband solutions that empower communication service providers to optimize and monetize their networks, enterprises to enhance productivity and consumers to improve their digital lifestyle, announced today that it has received an expansion order of above $10 million during the fourth quarter from a major tier-1 mobile operator for Allot Service Gateway Tera and Allot ClearSee Network Analytics.
The mobile operator chose the Allot Service Gateway as a highly scalable platform for delivering and integrating data network services - ranging from visibility and control to customer engagement and monetization. Allot ClearSee Network Analytics is used to provide visibility into network and subscriber usage and turns them into the business intelligence necessary to drive business profitability.
With Allot's solution, the operator can offer new application-centric plans to a growing subscriber base of tens of millions of LTE subscribers and cater to diverse user needs and interests. The mobile operator also benefits from a scalable service delivery framework that delivers real-time data visibility, traffic management, quality of experience (QoE) management, customer engagement and more. In the future, the mobile operator will be able to quickly augment its service of fering with additional pre-integrated value-added services such as mobile web security, which is critical for protecting users from evolving cybersecurity threats.
"Allot is continuously demonstrating its leadership in enabling best-of-breed subscriber services that allow operators around the world to capitalize on their assets." said Gary Drutin, Chief Customer Officer, Allot Communications. "The latest win validates our expansion
Bronk , the short position in Allot is not really relevant. Why are you preoccupied with keeping the board updated daily on this metrics ? With 30 Million shares outstanding and under 1 million short / insignificant .
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Acacia Research Corporation (ACTG) announced today it will release its third quarter financial results on Thursday, October 22, 2015. Results will be released at 4:00 PM (EDT) / 1:00 PM (PDT).
A conference call is scheduled for the same day.
The Acacia Research presentation and Q&A will start at 4:30 PM (EDT) / 1:30 PM (PDT).
To listen to the presentation by phone, dial (888) 282-4591 for domestic callers and (719) 325-2170 for international callers, both of whom will need to enter the conference ID 6712915 when prompted.
There will be a live webcast hosted by NASDAQ that will be available for 30 days and may be accessed at Acacia’s website here:
bronk are you familiar with shorting against the box
i believe one or two of the longs lifted a leg , if your comment above is relevant
DEFINITION OF 'SHORT SELL AGAINST THE BOX'
The act of short selling securities that you already own. This results in a neutral position where your gains in a stock are equal to the losses. For example, if you own 100 shares of ABC and you tell your broker to sell short 100 shares of ABC, you have shorted against the box. An alternative to short selling against the box is to buy a put on your stock. This may or may not be less expensive than doing the short sale.
The timing was right to close out short whether it was hedged or a pure play .
bronk when companies buy back their own stock in open market purchases many times the amount of stock they can purchase on any given day is a function of average trading volume over a period of time . Those large blocks could be prearranged trades brokered by a broker between two interested parties.
i understand now , interesting where Canadian $ is verse US $.Not too long ago it moved through parity and traded at a premium now it is considerable under par . Sandvine has missed estimates 2 quarters in a row so has Allot. Both Companies are in the penalty box , unloved and under followed their current valuation reflects that.
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Acacia Research Corporation (ACTG) announced today that its Labyrinth Optical Technologies LLC subsidiary has entered into a settlement and patent license agreement with Alcatel Lucent USA Inc. The agreement resolves litigation that was pending in the United States District Court for the Central District of California.
bronk your above statement is incorrect , SVC.TO traded no where near that price intra-day low was in the $2.20's
observermann the only party that would short a stock that trades for a few pennies is a party that is long a convertible security or is shorting against the box / long position. We are approaching the end of another quarter not surprised one or two longs are puking this turd , such a disappointing dysfunctional security. i thought merger would breath some life into this puppy obviously snot !
sick_ot_s , not unusual that 1 to 3 settlements represent 75% or more of Acacia's Revenue. If you review past earning releases or transcripts my comments will resonant. Believe it or not 3-4 years ago Soros and FMR purchased Hundred's of Millions of $ of stock in a Private Placement at $38 per share.The Company today has a solid balance sheet no debt and a plethora of high quality patent portfolio's. There is much that hopefully gets harvested over next several years. Shares are undervalued , heavily shorted and lost the confidence of the sell side , " valuation , price target and earning estimates have all come in considerably " the consummate Show Me Stock !
Is Zimmer parr of a Marquee Portfolio ?
Yes The Bunitti portfolio
Could further malign share price through Wed Sept 30th. Allot is a major black eye / embarrassment to any PM who unfortunately owns these shares. Value prop at current level is very compelling , downside risk protected by strong balance sheet upside potential created through consolidation.
$4 per share of cash no debt , 100 - 105 anemic / abyss run rate hopefully no $ burn or nominal if so . EV 0.5X downside should be time value of $ upside % wise could be considerable. One would think if Allot does not have a competitive product they could sell themselves for scrap $5-$7 per share. if they have the goods great !
Labyrinth dodged a bullet in August when U.S. District Judge Andrew J. Guilford upheld the patent's validity, rejecting Alcatel-Lucent’s argument that the patent was obvious in light of prior art.
Alcatel-Lucent had argued that the patent claimed nothing new beyond the combination of two previously patented technologies from 1990 and 1992.
However, Judge Guilford found that Alcatel-Lucent failed to show how the two allegedly anticipating patents would function together such that they could be used by someone with ordinary skill in the art.
“Defendant did not answer plaintiff’s express challenge to show how the references could be combined,” the opinion said. “The asserted obviousness defense cannot succeed merely on a showing that the concepts in the claim are separately recited in the prior art references.”
Labyrinth filed a second version of its lawsuit in March, shortly after the original was dismissed for lack of standing due to a missing document.
Patent holding company Acacia is Labyrinth's parent company and received an exclusive license in 2011 to a number of patents held by Teradvance Communications LLC, including the patent-in-suit, which it says it then assigned to Labyrinth in April 2012. Labyrinth filed the first suit in May 2012.
The patent-in-suit is U.S. Patent No. 8,103,173.
Labyrinth is represented by Jonathan T. Suder, Corby R. Vowell and Dave R. Gunter of Friedman Suder & Cooke PC and Crystal G. Foley of Simmons Hanly Conroy LLC.
Alcatel-Lucent is represented by Joseph K. Liu and William J. O’Brien of One LLP and Edward J. DeFranco and Joseph Milowic III of Quinn Emanuel Urquhart & Sullivan LLP.
The case is Labyrinth Optical Technologies LLC v. Alcatel-Lucent USA Inc., case number 8:15-cv-00472, in the U.S. District Court for the Central District of California.
Alcatel-Lucent, Acacia Unit Settle On Eve Of Data Patent Trial
By Y. Peter Kang
Law360, Los Angeles (September 18, 2015, 7:46 PM ET) -- Alcatel-Lucent USA Inc. agreed Thursday to settle a patent infringement suit brought by a unit of Acacia Research Corp. accusing the telecom equipment maker of infringing a data communications patent, avoiding a trial that was set to begin Tuesday, according to California federal court records.
An attorney for Acacia unit Labyrinth Optical Technologies LLC told Law360 on Friday that terms of the deal were confidential and declined to comment further. Representatives for Alcatel-Lucent didn't immediately respond to a requests for comment Friday.
Labyrinth dodged a bullet...
Sep 21 2015, 16:14 By: Eric Jhonsa, SA
Acacia's (NASDAQ:ACTG) Labyrinth Optical Technologies unit has settled an infringement suit against telecom equipment giant Alcatel-Lucent (set to merge with Nokia). Terms are confidential.Acacia/Labyrinth had accused Alcatel of infringing a data communications patent. A federal judge upheld the validity of the patent in August; Alcatel had argued the patent's claims were covered by the combination of technologies patented in 1990 and 1992.Acacia rose 3.4% in regular trading. The Nasdaq was nearly flat.
Back to back misses have Cormark analyst Richard Tse feeling a little less bullish about Sandvine (TSX:SVC), but the analyst still thinks the stock is a buy.
Shares of Sandvine fell sharply today after the company announced its second earnings warning in as many quarters. The company said revenue for its third quarter would come in at approximately (U.S.) $27-million.
“We continue to rely on large deals to fuel revenue growth but many of those deals are taking longer than expected to close. We still have visibility to a number of large opportunities and believe we are in a growth business, but unfortunately that growth may not be linear quarter to quarter or year to year,” said CEO Dave Caputo. “The variability in order cadence is a challenging aspect of participating in our market but one that is familiar to this team. We are confident that our strategy is focused on the best opportunities in our space and remain enthusiastic about Sandvine’s long-term prospects.”
Tse says the new revenue number comes in below his estimate of $31.7-million and the street consensus of $33-million. He says consecutive misses raise the obvious question of whether the cause is temporary or something structural.
“The reality is that while Sandvine continues to claim its challenges are different from its pure play competitors, the broad communications equipment market has been weak of late if we look to comments across the peer group regardless of service offering,” said Tse. “The bigger risk is that the above delays may not be temporary as current network upgrades and innovative technologies (like NFV and SDN) are potential culprits to these delays which would mean the causes are more structural for Sandvine and its peers.”