Friday, March 16, 2012

Afternoon Thread

FFIV daily chart
FFIV is making a move into the wireless network business.  (Story in today's IBD)  They bought an Israeli start up (Traffix Systems) last month and expect to be rolling out the product line next year.  Wireless data traffic is growing far faster than fixed line traffic and this should be a robust new revenue stream for FFIV.  I have no position but y'all know it is one of my long term favorites.