SVC and other DPI PlayersAs many of you know, I'm 30k shares long on SVC and love the DPI space going forward for a number of reasons, including possible takeovers and the growing capacity issues that will be met by service providers in the future.
Most of you also know about Procera, which is not on the same level as SVC insofar as management, market leadership, etc. (in my view), but none the less, I am invested in them as well. Wanted to alert you to a possible trade this week as PKT just said they would be raising $7M by offering shares at .40 cents. The shares are currently at .43, and they are set to announce their financials on Thursday, March 11th:
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"Procera Networks Schedules Fourth Quarter and Full Year 2009 Call forMarch 11, 2010"
They also had a pre-announcement in January about a profitable 100% growth qtr:
LOS GATOS, CA--(Marketwire - 01/04/10) - Procera Networks Inc. (AMEX:
PKT -
News),a developer of Evolved Deep Packet Inspection (DPI) solutions providingtraffic awareness, control and protection for complex networks, todayannounced preliminary financial results for the fourth quarter endedDecember 31, 2009.
Based on preliminary financial data, the Companyanticipates that revenue for the fourth quarter will be in the range of$9.1 million to $9.5 million, or 102% - 111% year-over-year growth. Onits third quarter earnings call on November 5, 2009, the Companyprovided fourth quarter guidance for revenue growth over 100%year-over-year. The company also expects to achieve profitability forthe fourth quarter ending December 31, 2009.
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Again, not my key DPI long term investment like SVC, but it does have potential, so I wanted to pass it on as a possible trade/investment
100% long on SVC until a buyout - which i expect by 2011. We could see this as the next DWI - a $1 stock to a $10 stock in 52 weeks.
Cheers,
B