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DragonWave Inc DRWIQ

DragonWave Inc is a Canadian company which provides high-capacity packet microwave solutions that drive next-generation IP (Internet Protocol) networks. It operates through the single segment being Broadband wireless backhaul equipment which includes embedded software. The company's product line includes Harmony, Horizon, Avenue, and NetViewer. The company operates its business in Canada, Malaysia, and another region. The majority of the company's revenue comes from Canada.


OTCPK:DRWIQ - Post by User

Bullboard Posts
Post by VictorKonstanon Feb 14, 2001 12:06am
232 Views
Post# 3315088

Hello... Hellas13

Hello... Hellas13It's been awhile since I checked the posts on this one. This one still remains a bit of an enigma, doesn't it?? I really and truly believed that we would be sailing along toward e-learning heaven by now. But instead we languish at ridiculously low levels. Typical.. Unfortunately the entire sector and market in general remains brutal, and I believe that DWI has also capitulated to negative sentiment across the entire market. However I still believe that e-learning is the wave of the future, and the key to learning is definitely On-line......Mr. McInnes's company has a quality product, has Drake supporting them, and have adopted a careful, meticulous (albeit,long and painful) approach to respectability. Fourth quarter results should be out soon but I'm not expecting a huge increase in revenue. Although I think it should be better than the last quarter numbers. I have also heard that they have hired a new G.M. of Sales, and a new Chief Technical Officer. This should help Mr. McInnes, primarily in promoting and marketing, and hopefully selling his product. Also they have launched a new web browser version of NOVA making it much faster to download. This was excellent news primarily because one of the prior concerns stemmed from the fact that before it took an eternity to download NOVA onto your desktop from a server. As to new contracts, PP's, or any other marketing and promotion alliances, I have heard absolutely....nothing. You have to think that Drake must have extended their line of credit or they have made some other arrangement. Drake is obviously trying to shift their corporate focus to be more of a e-learning provider. And it appears that DWI will certainly provide the web based delivery system. All we need is for some contracts to be consummated. It appears that many companies are interested, and have even tried NOVA out on a trial basis but so far no financial commitments have been made. So that will tell the tale for now. Where this takes us, is anybody's guess. It may take more time than all of us have!
Bullboard Posts