OTCPK:DRWIQ - Post by User
Post by
fdfd55on Jul 08, 2010 6:48am
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Post# 17252864
Wake up and smell the coffee
Wake up and smell the coffeeThe reason they got to $13 is because of Clearwire which WAS 75% of revenue.
Now they are 25% with projected revenue being 25 million instead nearly 50 million.
That means that they are about to lose their biggest customer.
Clearwire was about 35 million of the 50.
Now they will be 6 million of the 25.
35 to 6 million means there are serious problems with THEIR PRODUCT which they are not revealing.
I can't imagine management saying " We have dropped nearly 30 million from Clearwire because
our product isn't good enough".
I know a friend who is in the industry who told me a few months ago that their product was
real good but Ericson has a new one which is better now.