Sequans Communications S.A. (SQNS)

[matt24d]

I agree things are taking a little longer then most expected but when their LTE chips hit their stride you will see revenue start to baloon again. If you get a chance listen to their CC from today. Lots of good stuff in there. They expect to see India ramp up big time next year and see this as a huge opp. Then they said they will have verizon certification by the end of this year and they are almost done. They are seeing lots of action in the middle east and russia. Again things are taking longer but I have my eye on the second Q of next year. They already said today that next Q revenue will include a much bigger part of LTE. Things are going and when they hit their stride I think their revenue will snowball very nice. Lets face it they have alliances with some of the largest LTE device manufacturers out there in almost every big market like china, USA, Australia, Korea, Japan, India, Malaysia, and brazil.