DragonWave, Inc.(USA) – $DRWI – Confident Investor Rating: Poor

Company name DragonWave, Inc.(USA)
Stock ticker DRWI
Live stock price [stckqut]DRWI[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=drwi

DragonWave Inc. (DragonWave) is in the business of developing broadband wireless backhaul and pseudowire equipment. The Company is a provider of wireless Ethernet equipment used in Internet protocol (IP) networks. DragonWave designs, develops, markets and sells carrier-grade microwave radio frequency networking equipment (referred to as links), that wirelessly transmit broadband voice, video and other data between two points. Its wireless carrier-Ethernet links, which are based on a native Ethernet platform, function as a wireless extension to an existing fiber and global optic core telecommunications network. The principal application for its products is the backhaul function in a wireless communications network. Additional applications for its products include point-to-point transport applications in private networks, including municipal and enterprise applications. On February 7, 2011, DragonWave announced the introduction of its Horizon Compact+ product.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

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