Peter Hofstra Sierra Wireless (US) SWIR-Q HOLD Oct 16, 2007

Hold, but get ready to sell.

Peter Hofstra

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$18.470

Stock price when the opinion was issued

electrical electronic

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COMMENT

Been under pressure. Sold off their AirCard business, which probably makes people extremely happy, because it was a business that would drag down their cash flow/earnings.

BUY

Chart shows a base was formed in 2011-2012 followed by a breakout. Failed the breakout but then based again followed by a very nice upward movement. It is now basing again and seems to be breaking out. Consider using a Stop at around $12.50 or so.

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Peter Hofstra Sierra Wireless (US) SWIR-Q HOLD Oct 16, 2007

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