Procera (NASDAQ:PKT) has "received several-million dollars of orders from Tier 1 operators" for versions of its high-end PacketLogic 20000 deep packet inspection hardware system featuring 100G interface cards.
SVP Andy Lovit: "Network operators are beginning to deploy subscriber experience and analytics solutions on 100GE instead of 10GE interfaces, and the PL20000 has segment-leading port density and performance for 100GE networks." The product can support up to 8 ports (4 channels) of 100G traffic, and has a max throughput of 600Gbps.
With shares down 57% YTD going into today, it's relatively easy for good news to trigger a positive reaction. A high short interest (17% of the float as of Nov. 28) also doesn't hurt.
nice one Bronk..I couldn't agree more..the prior day always seems to be a low volume takedown (like last few days) before a positive PR/ development..
LT 6.94 on biggsta volume..PPS 50 da ma is 6.96..
upp 8.2% in 2.5 hrs.
.volume 122k and above about 90k this time of day
Next resistance ~ 7.30...
Reality is NOW
I'm finally switching to BUY.. We have crashed thru serious resistance from 6.73 to 6.87. I can't believe PPS share price stood still for 30 minutes this am at 6.40 when the PR was 1 hr earlier..seeing volume now and, again, watch the close for head fake or serious uptake re price/ volume from large buoys..
The PL20000 is the large scale offering that dwarfs everyone else in streamed session RT TCP flow analysis and decision support
It won't take 2 years, just a coupla qtrs of traction with new platform architecture. There have been 14 Procera Tier 1 accounts banging on PL20000 for 1 yr and now you're seeing real-time shipments booking and billing revenue This Quarter..Huge PK..
You need to bash harder..
If they hit 20m in this Q, Street will sure be happy. I had already wrote off this quarter. That would be 2 20m qtrs in last 3 so I'll take it if it happens..It seems likely now.
I really like the large scale business implications with "several-million dollars from Tier 1 operators for 100GE-equipped PacketLogic™ 20000 Platform. " Tier 1 is the key.
glad I didn't buy Chuck's "large hyperscale PO" rap..I almost did..
it appears he is not getting get away with all the bogus forecasts anymo..
they might now make their 19-22m Q4/ 14 forecast?? This company is still in business. I was beginning to wonder..
1H 2015 revenue pulled into Q4 2014..that's good news for a change...
pontificating, Dr Phil moralistic,self-appointed, penny-stock boiler room ying-yang..why are you here???
Answer the Question??
where's the Intel BIOS/ mem- CPU channel collaboration for DDR3?? What's it worth to ya? (famous deposition answer)..
Helluva ride JK..I sold after you did 2 fer 1 split and made a veritable small fortune with beaucoup deniro for my barco...thanks again.
BTW, the Bravo buyout at $21 is a steal. They'll bring it public at 31 in 2 years.
I'm not worried about cash burn here at all. The Exec team has to learn how to "age" their backlog and apply more of a discount factor to sales team optimism. This just might make their forecasts more credible going forward.
It also seems that the acquisition changed the momentum of their sales growth when switching to the OEM/ Enterprise sales approach. Did their feet on the street disty/ sales nw get balloxed and when will this get fixed?