Jacob Steinberg
Long only, deep value, growth at reasonable price, carmakers

PCTEL Continues To Grow After The Transformation

PCTEL (NASDAQ:PCTI) offers propagation and optimization solutions for wireless products. The company's production portfolio consists of software-based radios (scanning receivers) for wireless network optimization and innovative antenna solutions. The company also possesses a patent portfolio consisting of patents related to a discontinued modem business, to semiconductor, PC manufacturers, and modem suppliers.

During the dot.com bubble, the company's market value rose above $1 billion which fell below $150 million after the bubble was burst. During the recession in 2008, the company's market value fell well below $100 million but it's been recovering since then. Year-to-date, the company's share price has appreciated by nearly 30%, carrying its market value to $170 million.

The company found its recovery in the US...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details