DragonWave Inc DRWIQ

Free DD on this stock for everybody

[bullgambla]

So I'll do some DD for everybody on this board since DRWI hasn't supplied us with actual numbers. CRNT is DRWI's major competitor; if you notice they too have a similar news release today stating that they have added a "Tier 1 US Operator as primary wireless backhaul operator for their network densification and optimization strategy". They don't name Sprint but since the wording is identical to DRWI's press release, it's obvious it's them. The news release mentions that they are the "primary" supplier. The good thing about this news release is that they mention numbers (unlike DRWI management which never seems to discuss numbers). There is an order for $4MM in Q4 alone. Now we have to make reasonable estimates - if CRNT is primary what business is there for DRWI? 50 - 75% of what CRNT is doing? Using those numbers, we're looking at $2,000,000 - $3,000,000 adding to the bottom line for Q4. That could erase a loss and make them break-even for next quarter. If you look at CRNTs movement today, they have currently added $0.30 USD. They have approximately 78MM shares outstanding which equals about $ 23,400,000 USD market cap. If DRWI gets 50 75% of those orders (and markets being efficient which they can surprisingly be at times) we could be adding anywhere from $11.7MM USD to $17.5MM USD market cap today alone. What have we added so far? I think we are still way undervalued. You can thank me later for the free DD. GLTA Bull G