Investor interest for telecom company XG Technology (XGTI) has spiked recently, following its US IPO in middle July. XG's product line deals with cognitive radio technology that gets the most out of under-utilized wireless spectrum. I do not believe that investors have had the opportunity to properly evaluate the disruptive business model that XG employs, both within cognitive radio technology and intellectual property. Although classified as an emerging growth company under the Jumpstart Our Business Startups Act, XG estimates they will be able to generate revenue sufficient to cover operating costs as they start filling customer orders in the second half of 2013 (approximately $35.4MM). This is one of multiple short-term catalysts that I believe could add upside...
XG Technology: Poised For Significant Upside After Filling Customer Orders
Aug 19 2013, 08:07 | about: XGTI
BOOKMARKED / READ LATER
Added to your bookmarks on the Seeking Alpha homepage