I did take some off the table here. I had to take some off. I had to much cash locked up in this one and after going over the call I have to say that things are looking better but I still think the 3rd Q is not going to be what I really expected it to be. From the looks of it 4th Q and 1stQ of next year is when we will see a real move in revenue. Some of their wins got pushed back a little.
I think what really is starting to get to me is that we never hear about who their design wins are with. I mean the CEO even said on the call they had some new wins but could not say who they were with. Just seems like that every conference call now. We never hear who we have the wins with. Also the thing that turned me off the most if that fact they still do not have a deal with Softbank yet. They have been testing for 18 months or more now and said they hope to have a deal landed after more testing. The last two Q's they said they had passed test on the device side and the cell side. Again I still like this company but I just had to take money off the table here.
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