Alvarion Ltd. (USA) (NASDAQ:ALVR)

CAPS Rating: 4 out of 5

The Company is a provider of wireless broadband systems.

Recs

3
Player Avatar SydParrot (< 20) Submitted: 9/8/2010 9:22:25 PM : Underperform Start Price: $19.00 ALVR Score: +107.12

Owned this stock a while back based on the book. Was treated to a never ending stream of optimistic press releases that were never reflected in earnings. Look very closely at the financials. How much of that inventory will sell? Why are their payables up while shipping less product? I bet they are not paying their bills. In fact, the only assets you can count on is the cash, which they are burning at over 10M per quarter. They may be bought, but I bet they go to ZERO.

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