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February 4, 2013
13:10 EDTALVR, RKUSAlvarion still has a few positive catalysts, Globes columnist writes
Israel's Alvarion (ALVR) may report stronger than expected Q4 results on February 20, Israeli stock analyst Shlomi Cohen wrote in Globes. The company's results will benefit from the sale of patents, and payments on its Nortel debt, Cohen believes. Alvarion has put its WiMax unit up for sale, and, following the sale, the company will become a pure play on WiFi, which is a "hot item on Wall Street," he wrote. Alvarion could also become a takeover target for Ruckus (RKUS), the analyst added. Reference Link
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