Gilat Satellite Networks Ltd. (GILT)
The Company is a provider of Internet Protocol, or IP, based digital satellite communication and networking products and services, also designs, produces and markets VSAT, or very small aperture terminals, and related VSAT network equipment.
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Now is a bad time to sell. You should buy instead. I call a buy in mid, to early November.
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TECHNICAL OPPORTUNITY
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The company is subject to purchase. Gilat recently had several new contracts. Its the second big company in the satelite networks.
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A once troubled company, nowadays on a constant improvement:Strong Q2 Results: Revenues Reached a Five Year Record of $70.3 Million
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A satellite communications play, with cellular backhaul, broadband communications ensuring the company grow's at a healthy clip.
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A play on satellite communication, a major growth industry.
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A value proposition
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Strong hold over the satelite communication. recently started to provide high speed internet to remote locations. may grow their business over 2 years.
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I bought Gilat 1.5 years ago for $6.20/share. After turning profitable in early 2006, the stock appears to have stabilized around $9/share. Its primary debt investor just converted its debt to stock in the company, a strong vote of confidence in future profitability and stock price growth. I have heard this stock bashed more often on chat boards than I can even recall, but a little patience goes a long way. The Israelis have a world focus, are very bright and adaptable to changing market realities. Sales of enterprise systems and telephony VSATs for developing economies all over the world will keep growing and growing.

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