Sierra Wireless
SW-T
Patrick Horan

An interesting play. There is a great M to M (machine to machine) opportunity with them, which will be a great growth business for many, many years. On a relative basis to the M to M guys they are valued quite cheaply. You have to pick your spots with this company. It is very, very volatile. Try to get at around $20 and ride it up. Wouldn’t be surprised if it was $30 over 1-1.5 years from now.


This analyst is giving himself too much time to be right. My guess is that a year to a year-and-a-half from now we'll be looking at closer to $40. And, of course, there's always the possibility of a take out.

BBB