StreetInsider.com is reporting that Calcalilst newspaper has reported that ALVR won a $100M contract in the US. The news is a little fussy on whether its with the Sprint/Clearwire or Google consortiums. Either way its very bullish for ALVR and explains why the stock is up 11%+ today.
Regardless of this news, ALVR remains a very cheap stock. Definitely buy on pullbacks as its becoming apparent that this slow down has nothing but enhanced ALVRs stature in the sector. Alot of competition has pulled back.