SWIR currently has a market cap of 123 million. It has cash and receivables of over 200 million and no long term debt. Book value is over $11.00/share. They are projecting breakeven for the first quarter of 09. Zacks has also recently upgraded them to buy: http://finance.yahoo.com/news/Sierra-Wireless-Upped-to-zacks-...
Sierra's recent acquisition of Wavecom will also be a long term plus for them. For additional commentary see: http://seekingalpha.com/article/115458-sierra-wireless-aastra...
They are currenly selling at near their 52 week low and I think the risk reward is looking good.
$4.14 (02/15/09)
