Post by
bailey2 on Jan 12, 2017 9:13am
teleconference
Well , it was a beauty. Anyways, my takeaway. They might be close to announcing a channel partner for the Asia region which they badly need because of the presence of Nokia. They didn't receive some payments that they had expected, on time. I asked if since recapitilization a year ago , had they been approached by another company for a possible merger or buy-out. Mr. Allen said no. I also pointed out to him that the last time revenue was this low was q4 2012.
Sounds like to me, they have a decent product but are just too small of a fish in a very large ocean of competition. imho
Comment by
Bigpaulbunyon on Jan 12, 2017 9:20am
Thank you, so do you think even if they had any offers they would accept, or are they just to pigheaded to see that they are just a very small. Player what do you think the value of their patents are worth ??
Comment by
seashore on Jan 12, 2017 11:18am
Not a shareholder but agree they are a small fish in a large ocean. Work for one of the big 3 telcos in canada and none use Dragonwave products, mostly Ceragon and Ericsson. One of the smaller competitors I know of used Dragonwave but recently switched to Alcatel/Lucent.