Aruba Networks, Inc. (NASDAQ:ARUN)
The Company provides an enterprise mobility solution that enables secure access to data, voice and video applications across wireless and wireline enterprise networks.
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Company has good growth potential and good opportunity for cost savings to improve profitability in the near future. They are in a high growth region with good large company clients for their wireless products.
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They have just become IPO and the insider news is that they are proceeding in good direction. It will take them about a year or so to outperform.
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Wireless cuts the cost of networking by eliminating wires. Aruba's competitors make money selling wired equipment and offer wireless as a side ...By focusing on wireless only this company is innovating faster...its as simple as that.
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This company most likely will be taken out by another larger company.(Symantec)
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Purchased shares at IPO open and ARUN has performed well
Recs
Aruba Networks has a very strong sales growth year over year. They are already 2nd in the wireless LAN market to CISCO. Strong same customers sales are a good sign that with some of the revenues from there IPO they can reach out to more customers which should help make the profitable sooner then expected.
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