On Monday, Metalink made a seemingly procedural announcement in which it said that its chipset had received WiFi certified 802.11n draft 2.0 Certification. The significance of this is actually phenomenal, since it amounts to a green light for the company to begin sales. The announcement constituted an endorsement of the technological superiority of its chipset in high-speed wireless relay of video content within the home, compared with that of its competitors.
I believe the company will record its first significant sales in the fourth quarter, with an orders backlog from the third quarter, which started on Sunday.
MTLK 1-yr chart:
Published originally by Globes [online], Israel business news - www.globes.co.il
© Copyright of Globes Publisher Itonut (1983) Ltd. 2006. Republished on Seeking Alpha with full permission.