Posted by Avi Telyas on Jan 6, 2009 in
Business,
WiMAX Airspan Network (NASDAQ: AIRN) stock has soared 100% from 0.12 to 0.25. Not associated with a press release or any other public news, this is a bit strange.It happened in the last hour of Yesterday’s trading day with about 1Million stocks exchanging hands.
Two options:
- Something good happened, and an Insider (or a friend of an Insider) purchased stocks.
- Stock Manipulation by a day trader.
Let’s see what happens today.
Disclaimer:I am no longer an Airspan employee, my views expressed in this Blog are mine and are not based on any Information I acquired while working at Airspan.
Posted by Avi Telyas on Jan 6, 2009 in
Alvarion,
Business,
WiMAX Alvarion released today that they have signed a contract with VMAX Telecom. According to the PR:
Alvarion to supply more than US$12 million worth of WiMAX equipment and services for the first phase of project.
First, congratulation to Alvarion, but I am a bit baffled as a quick search returned that VMAX Telecom selects Samsung for WiMAX rollout
The contract is for 200 base stations and related equipment and has a valuation of between TWD400 million and TWD500 million (USD12-15 million)
So, who gets these US$12 million?