Looking at the stream of press releases over the past couple of months, Warp10 seems to be finally gaining some momentum.
I bought this stock way back when, around the same time that I sold ANCR for 40! Unfortunately, things cooled down in a hurry and I got burned pretty badly by WARPF and some other small-cap momentum plays.
But I always found it comforting to know that WARPF is affiliated with the high-flying Newbridge Networks (NN). In addition, I think there is a real niche to be exploited if WARPF plays its cards right.
A few posts back, I saw some comments about WARPF not having manufacturing facilities, etc. and being essentially a small producer of ZIP software. So what? I don't know of many compression applications that can do what Warp10's software boasts. Too many shares outstanding? Again, so what? (Try out DATM - it's at 38, has only 5 million shares outstanding and reported a jump in annual earnings of 700%, last quarter.) Remember WARPF was once at $15! And if you want manufacturing, buy a networking company like LARS - they make stuff! Multiplexors, to be exact. (By the way, to my eyes, LARS is one of the best buys in the networking sector.)
Anyway, just a few thoughts. WARPF obviously has a long way to go toward reestablishing any credibility with the Street, and it could still disappear off the face of the earth - or at least the Nasdaq. But I do plan to keep an eye on it; hell, at $1, any company targeting a viable niche market is worth watching.
Good luck to all. |
