AIRGAIN IPO (AIRG)

[sweet crude]

AIRG + wireless fiber/broadband = bullish

Would not be surprised to see AIRG at $30+ real soon. only 7 million shares OS here?...kaboom!


Airgain (AIRG) Continues Run Upward Since IPO
Date: September 08, 2016 7:10 AM EDT

(NEW YORK)--Airgain, Inc. (Nasdaq:AIRG), a leading provider of embedded antenna technologies used to enable high performance wireless networking, continues remarkable run upward since its mid-August IPO.

Airgain (AIRG) jumped to around $14 as the stock continues its run since it IPO several weeks back at price of $8.00 per share. The Company is a leading provider of embedded antenna technologies used to enable high performance wireless networking across a broad range of home, enterprise, and industrial devices. Their antennas are found in devices deployed in carrier, enterprise, and residential wireless networks and systems, including set top boxes, access points, routers, gateways, media adapters, digital televisions, and Internet of things (IOT) devices.

Airgain partners with and supplies the largest blue chip brands in the world, including original equipment and design manufacturers, chipset makers, and global operators. Airgain is headquartered in San Diego, California, and maintains design and test centers in San Diego, Cambridge, UK, Taipei, Taiwan, and Suzhou, China.

Along with AIRG attractive market valuation, another aspect drawing in investors is Google Fiber's announcement that they plan to scrap laying fiber in the ground in exchange for more broadband wireless solutions.

In June, Alphabet chairman Eric Schmidt told investors that the company would be testing the concept of delivering wireless internet to homes in Kansas City, Mo., the first market to receive Google Fiber. A Wall Street Journal story on August 15 stated Google says it hopes to go wireless in markets such as Chicago, Los Angeles, and Dallas, and has suspended the physical deployment of the network in Portland, Ore., and San Jose, California most likely due to the high deployment costs.

Up till now, Fiber has provided low-cost, high-speed internet access through physical infrastructure in the areas it serves, but the labor-intensive process of digging up streets and laying cable was taking longer and costing more money than the Company had expected. The solution? Wireless fiber!

This could be very bullish for a stock like Airgain, as their embedded antenna technologies could be what is need to deliver that wireless broadband for last mile delivery directly into individual homes and local neighborhoods.

Another player launching wireless fiber solutions to solve 'last mile' broadband delivery is Hammer Fiber Optics (OTCQB:HMMR) out of New Jersey.

Hammer Fiber recently leased 28 GHz wireless spectrum from Straight Path Communications Inc. for use in its broadband wireless network for the New Jersey shore, and plans to install clusters of ten towers that will serve the area to solve the issue of 'last mile' broadband delivery.

As more networks switch to "wireless fiber" to deliver broadband services in the last mile of their networks, like Hammer Fiber, there will be a need for equipment on the user end to draw down this expanding broadband deliver, and Airgain may be perfectly positioned for this new standard going forward.
http://www.wallstreetnewscast.com/news/2016/09/airg-2342.html