Seeking Alpha

Allot (ALLT +5.7%) is rallying in response to rival Procera's (PKT +14.7%) strong Q3 results (I,...

Allot (ALLT +5.7%) is rallying in response to rival Procera's (PKT +14.7%) strong Q3 results (I, II). Raymond James' positive commentary on Procera has implications for Allot as well: the firm thinks the deep packet inspection hardware market will show a 30% CAGR from 2011-2016, and believes Procera's surging mobile sales (45% of revenue in Q3 vs. 14% in Q2) indicate demand from the segment could be near an "inflection point." (PKT transcript)
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