Peter Hodson in Feb his second pick was dragonwave

http://watch.bnn.ca/#clip263565

then this in the paper today.

http://network.nationalpost.com/NP/blogs/tradingdesk/archive/2010/03/29/dragonwave-target-cut-on-caution-about-possible-new-contracts.aspx

It does not look good for DragonWave Inc.'s chances of winning new contracts with AT&T Mobility and Verizon Wireless, says Kris Thompson, National Bank Financial analyst.

Following discussions with so called "industry experts" at the CTIA Wireless convention in Las Vegas last week, Mr. Thompson removed from his estimates any consideration of new deals with AT&T and Verizon for its microwave backhaul technology.

His fiscal 2011 revenue forecast falls by 16% and his earnings estimate declines by 13%. He did maintain his Outperform rating, but dropped his price target from $17 to $14.

"In our view, the stock price could see some more downside if we are correct and DragonWave does not win deployments at AT&T Mobility and Verizon Wireless. However, DragonWave received some positive news from Clearwire’s deployment plans and the company is attacking other international opportunities,"

Mr. Thompson learned from his Las Vegas discussions that North American Tier 1 carriers, such as AT&T Mobility and Verizon Wireless, generally require all-indoor microwave backhaul solutions that place the radio and switching capability in one box.

"This North American preference is due primarily to the desire, or in some cases policy, to avoid tower climbs in the event of a radio malfunction," he said.

"The primary opportunity for DragonWave, in our view, lies in rural areas where fiber connections are less common as compared to urban markets."