Airspan Networks Inc (fka AIRO)

[levelnever]

I almost never even consider or play stocks this high in price, especially that have done an R/S, but there is something about this one that makes it very intriguing. Along with R/S there was a decrease in A/S to 2,000,000 perhaps a signal that they will not attempt to dilute beyond that point.

Alot of news lately:

http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=airspan+networks#q=airspan+networks&um=1&ie=UTF-8&tbo=u&tbs=nws:1&source=og&sa=N&hl=en&tab=wn&fp=4f47765c364753ee

http://www.airspan.com/

Only ~ 200,000 shares O/S at last report with 2,000,000 A/S, putting market cap at ~ $650,000. Last revenue numbers we know for Year End 2008 were ~ $70,000,000 and it was listed on Nasdaq as well. With news of new contracts and partners it's clear the company is not dead, if this one even thinks about becoming current again with the valuation at the moment has great potential for a run based on news and revenue IMO. That said they have not been kind to shareholders in the past, we'll have to see if that will change.