PCTEL, Inc. (NASDAQ:PCTI)
The Company designs and develops innovative antennas that extend the reach of broadband and other wireless networks and that simplify the implementation of those networks.
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Looking at a long-term chart... it appears that PCTI cannot rise above $10. Volume has been very low over the past couple of years which may mean this one is ready to break out or it could continue basing for a while if we get into another bear market. But I love the low volume, think of it as the calm before the storm. When this one really starts rising, the $10 resistance level will look like a minor stepping stone even though right now it looks like a major one.
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EnigmaMan
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Rising economic value added (+$13 mil last year), low price-to-terminal value (no growth tv), and relatively low enterprise value to NOPAT make for a good recipe.
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3 to 5 star stock in one year.
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Member of the "Mini-Cap Monsters."
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THOM5: 10.88
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see all the great write ups by TMFplatoish and soMch2Knw
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Trading at 60% intrinsic value.
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technology company with inovativ product
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target 20$
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Fool UK
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