This is from SWIR message board. May be the license is the first big one that we have recieved in a long time. Didn't someone post about Sierra having the same counsel as Garmin. If the licenses can bring in substantial numbers it would only take a few to have enough cash to announce a dividend and truly give this shareprice some upward momentum. Sierra was the first dominoe to fall, hopefully others this week.
GL
The company's annoucement during the Q3 conference call of an increase in the line of credit to 50m was interesting given that they have a healthy cash position...more acquisitions?
Re: increased line of credit
There could be a number of possibilities.
Acquisitions and expansion both come to mind.
On the negative side if could be a move to build cash to protect them against the legal firms that have been dumpster diving for patents.
Two of these firms have taken SWIR on recently.
