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...
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