ALVR to $8+, new 52-week high.
This is the market share leader in Broadband Wireless - one of the fastest growing tech sector. I recommended it early this year at $1.86, and multiple times later on this thread (see previous posts below)
I believe ALVR is likely to be taken out by CSCO, JNPR or the like. This sector has huge growth potential in next 5 years and CSCO will want to get into it. Acquiring ALVR is probably the best choice given the small marketcap of ALVR, otherwise CSCO would have to buy a smaller competitor and play the tough catch up game on ALVR, and a competitor (INTC, JNPR or the like) may come to buy ALVR and undercut Cisco's effort to become the leader.
I do hope ALVR get to at least $15 before someone showing the interest, then the buyout price would be $20 or more. I would hold all my shares purchased under $2, sell $100K per year for the next 10 years to avoid paying too much tax in one year.
Below are my previous posts recommending ALVR.
Message #17683 from Steve168 at Sep 9, 2003 10:09 PM
ALVR received $23M order today, up 10% to $6.7.
A below cash value stock I recommended here in Feb 2003 at $1.86, is turning into a growth star in a new booming sector. I am still holding a large position and I think it still have upside to go. Citicorp, Merrill Lynch, JP Morgan Chase were new institution buyers in last quarter filing. They could have bought under $2 had they hired me as an analyst or trader :-). I am looking for such a job.
Below are my previous posts here on ALVR
Message #17110 from Steve168 at May 22, 2003 5:42 PM
ALVR new yearly high 2.85, still under cash 3.1, book 4.34. There were 2 over-million-shares-traded days on average daily volume 80K previously. Great breakout pattern on chart, peer AIRN, PROX predict turning to profitable soon. ALVR should be profitable too and we should see 5-6 in the next couple months.
Below are two of my previous posts, recommending it at 1.86 in Feb 2003.
To:Steve168 who wrote (16459)
From: Steve168 Saturday, May 3, 2003 12:44 PM
View Replies (1) | Respond to of 17109
ALVR recently made a 52-week high and still trading under cash value with no debt. This is a classic Graham net cash value stock. I recommended here (see below post) in Feb at $1.86, it closed 5/2 at 2.59, and still trending higher. Take a look and see what you thinks. I am holding on to my large position.
To:mrcjmoney who wrote (16457)
From: Steve168 Tuesday, Feb 18, 2003 12:51 AM
View Replies (2) | Respond to of 16966
MrCJ, thank you for your nice comment. My largest holding is ALVR now, trading at 1.86 while cash at 3.14, book 4.36, and zero debt. Losing about 10c/Q, not too bad, it is a leader in a niche market of Broadband Wireless Access. I believe the company has a chance to be profitable in the next 12-18 months. When that happened, it should be at $3-5. |
