Alvarion Inks Tier-1 Deal

As my buddy Zack “Facebook” Miller posted exactly two weeks ago, Alvarion (ALVR) announced a huge win on Wednesday by inking a deal with a “Tier-1″ player. That player is expected to be France Telecom (FTE), and the deal is estimated to be in the $20 million range.

Here at Israel Opportunity Investor we continue to be positive about the technology and the two major Israeli players, Alvarion and Ceragon Networks (CRNT).

You just have to love these little Israeli companies and their innovation. Just when you think the end is near, bang, they sign a major deal.

With the recent weakness in both stocks, these two could be big winners in ‘08.

Disclosure: The author’s fund holds a position in ALVR and is long the stock as of December 19, 2007.

Comments

[eegorr:]

If you liked it at $10, you must LOVE it at $7.50, no?

Where does ALVR go from here... up or down?

2008 Jan 28 07:58 PM