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Left Behind

|Includes: Alvarion Ltd. (ALVR)

It's interesting that tech has rallied so much and is now up for the year, yet ALVR still flounders around $3. ALVR was recently trading just above cash and should do quite well when this recession ends. The emerging markets still need their products and will likely be strong growers for decades to come. Not to mention that some of the competitors in the WIMAX space for non Tier 1 customers will likely disappear leaving more market share to ALVR.

From a technical standpoint, ALVR made an interesting close today above the 20/50ema after falling below intraday. The stock seems poised to make a run after showing some resistance to staying down.