|Company name||Powerwave Technologies, Inc.|
|Live stock price||[stckqut]PWAV[/stckqut]|
|Confident Investor Rating||Poor|
The following company description is from Morningstar: http://quote.morningstar.com/stock/s.aspx?t=pwav
Powerwave designs and manufactures wireless telecom equipment, such as antennas, boosters, radio-frequency power amplifiers, and repeaters, which improve the coverage area and data transmission capacity of networks. It sells its products to wireless equipment manufacturers, such as Samsung, and wireless operators, such as Verizon Wireless. In 2007, 43% of sales were to Europe, 28% to the Americas, and 26% to Asia.
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.