This 7 year old firm designs data routing software and hardware that link cell phones to the internet! It is in the 3G partenership that phones handle up;oads,downloads and streaming.
Its largest customer is Verizon ansd has international accounts in China,Europe and India.
Verizon is now testing its 4th generation service and Starenthas their products as the "built in design".
It has no debt and has gained double digit earnings for the last 4 quarters.
In this lousey market the Q1 guidance has been down 10% with double digit EPS and revenue for all of 09.
February 28,2009 had a high volumebreak out on a terrible down day and looks like we might just have some new leadership coming from the Telecom sector.
Company website is: starentnetworks.com
Last week ,a down weel Deutche Telecom beat their numbers and confirmed growth.
I believe that the growth in internet connectivity will grow fastest with smaller hand held devoces in the future.
Intel is ramping their 32nm chips for greater volume,smaller size and much more mobile hand held devices.
This is a great play on the infrastructure - which should lead the recognition of the hand held device rage,in that the infrastructure must predeploy the sale of these next generation devices.
Please join this thread and support your Due Diligence with charts ,articles,or news.
Bob |
