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Technology Stocks : ALVR - Alvarion Ltd.(formerly BRZE)
ALVR 4.730-3.3%Oct 21 3:59 PM EDT

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From: JakeStraw10/28/2010 8:14:13 AM
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Alvarion(ALVR) sells telecom network equipment that provides superfast data transmission speeds known as 4G. Telecom operators around the world have started to heavily invest in network upgrades, and Alvarion has secured an impressive slate of contracts. But the company was hard-pressed to make profits from those sales.

Impatient investors grew tired of waiting for profits and shares have fallen from $14 to $2.50 since late 2007. At this point, the company's market value of $154 million is not far above Alvarion's net cash holdings of $91 million. But all is not lost. Recent contract wins in India and Canada should help sales rise 10% next year and help the company move back into profitability. Shares tend to trade on contract announcements, and with shares likely at a bottom, any new announcements could yield quick gains.
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