Alvarion Ltd. (USA) (NASDAQ:ALVR)

Alvarion is grossly undervalued in an industry that is just getting started. The smartgrid industry for long range networks will be going full stream in the utility sector very shortly. This stock is near its all-time low and is on the verge of being profitable this quarter.

Should outerperform anytime soon.

It's pretty cheap right now because of last quarter's earnings, but the death of Wimax is greatly exaggerated. I expect revenue to grow in the next few quarters, and $4 will be well within reach.

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.

ultralong

valuation says it all. bonus if its tech becomes popular.

As others have pointed out, the numbers are too good despite the fact that the technology isn't catching. I'm in for the ride.

ultralong

Book Value: 3.42;Debt:0;Cash/Sh:1.66
Available @ Lowest Mkt value. WiMax Technology Std.

Wimax. Israel.

May 11, 2010 Limit Order at 2.10 as it trades at $2.75: I like the cash on hand and 0 debt; the CAPS rating is compelling (though I believe all y'all are over-rating this one). I'm a little confounded by the lack of profitability, or even progress toward profitability. This suggests management weakness, which is always a long term problem. They burnt about 10% of their cash last quarter and guidance, such as it is, suggests cash flow will continue to decline. So while it currently looks attractive on a price/book or price/cash basis, both book and cash are likely to decline. $2.75 is a falling knife.

UL, 5/10/10

This goes against my traditional metrics as Alvarion has not been successfully growing their revenues or profits consistently for almost 4 years now and their book value continues to hover around 210M, but their valuation is too compelling to pass up here. 103M dollars in cash with no outstanding debts means they are trading at just 97 cents over their cash value and less than 0.8 times book value. Alvarion is parked right in the middle of the highly competitive and highly in need of consolidation WIMAX sector. Alvarion to me is a prime buy candidate given its strong cash presence and history of breakeven to mildly profitable results. Really, the only drawback here is that they're based in Israel and anything Israel based right now has the questionable stigmata stamped all over it. Despite delayed customer orders in the early part of 2010, I see stronger demand in the second half of this year and I see a larger suitor making a play at Alvarion if it remains this significantly below book value. Notice I haven't even mentioned how ridiculously low it is on an RSI perspective making this also a great technical entry point. There's really no reason ALVR should be trading below $4 or accept a buyout for any less than $6.

UltraLong

Management is carefully honing overhead and positioning business model in growth direction. Established relationships with integrators in potential mega markets including India voiced WiMAX preference. Ready to proceed in second half of 2010. Good time to pick up additional shares as market takes breather.

wimax

They got new CEO, this guy is gonna do it

dfasdfasdf

ALVR is starting to enter the Smart Grid arena. With GE producing the Smart Meters that are WiMax enabled, ALVR has the potential to become a big player in the Smart Grid multi billion market. Other companies competing for inclusion in the Smart Grid are using WiFi technology. ALVR has a distinct advantage with WiMax and is working on a proof of concept with National Grid, one of the second largest Utilitiy companies in the US.

Growth in broadband technology and the government's push behind broadband.