DragonWave Inc DRWIQ

Is this ever going back up again

[barneyj44]

Day after day down, back to .15 cents a share after all the good news (pre consolidation), I guess this is what Allen calls a Point of Inflection

[Bigpaulbunyon]

Plus they don't respond to you . I have sent 3 letters and no response .i think I will be calling them tomorrow

[barneyj44]

Big Paul I wouldn't hold my breath on a response, I don't think they have a PR Department, Russel Fredrick took over the position as well as his other duties and he departed over a year ago. Lots in the pipeline, it's up to Allen to make us profitable and improve margins.

[PuckLuck36]

BigP any luck with that phone call?  I've sent an enquirey email asking some basic questions but haven't heard anything back

[Bigpaulbunyon]

Yes I did finally get ahold of the cfo, he told me they have been getting the majority of sprints contracts for years and expects the same moving forward. He said their margins in the last year or so were at 15-16% , but this year have reduced expenses and expecting to be in the 25-30 % margin with a goal of reaching 35%. He said their clients don't really like them taking about values of

[killabear]

I read CRNT conference call script and surprisingly it states the same words...they will be ving the majority of contract and the money.... not sure who to believe out of the two companies.

[icefish76]

I bet they will issue more stocks and raise more money soon. So better run away before it comes.