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Technology Stocks : ALVR - Alvarion Ltd.(formerly BRZE) -- Ignore unavailable to you. Want to Upgrade?


To: tripperd2 who wrote (212)11/4/2004 11:30:50 AM
From: Jibacoa  Read Replies (1) | Respond to of 341
 
anyone with any idea what is going on.

The latest Up-gap was due to the 3rd Q earnings report which showed a 53 % improvement on revenues (52.2M vs. 34.3M) and 450% improvement on earnings/share ($0.07 vs. loss of $0.02)

The estimated earnings for the current year of $0.23/share vs. a loss of $0.12 in 2003 means that the 4thQ should also look good by comparison ($0.08 vs. $0.01 in 2003)

And the EE for 2005 are around $0.44 and that would be more than 90% ahead of 2004.

With WiMax coming into the limelight it seems that more people will become familiar with ALVR and its good prospects for the next few years.

For other comments from a TA view point, look at some recent ones in the YEEHAW thread:

Message 20728344

Bernard