Sequans Stock Discussion Message Board

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Technology Stocks : Sequans Stock Discussion

SQNS 6.210

+4.0%

3:59 PM EST

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To: MUDD1 who wrote (5)	7/27/2020 9:20:17 PM
From: GaryMi	Read Replies (2) of 222

RE: "I added a bit today." I take it you are somewhere on the west coast. I've lost a few nights sleep on SQNS earnings, mainly before release, but sometimes after release as well! I'm hopeful but realistic. I'll be happy enough if we come in at $12 and they have closed this satellite deal he has been touting for a while. It sounds like that could be pretty good business and some up front cash. As I understand it they have modified their stack to be able to handle the latency for LEO satellite which would make them an exclusive vendor. It's a niche market but I'm sure it has decent applicability. Sequans chip would go into the base station which connects to the satellite over the modified stack. Essentially its an LTE hotspot for satellite communications, good for ships, emergency responders, airplanes, off the grid locations. Worldwide that is a decent market and I assume it's Lockheed Martin so its a system that would have excellent name recognition. Another revenue stream if all goes well.

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