Topic: How To Invest

Hi Pat what are your thoughts on CalAmp and machine-to-machine (M2M) technology? Thanks.

Article Excerpt

CalAmp, $17.31, symbol CAMP on Nasdaq (Shares outstanding: 35.9 million; Market cap: $634.3 million; www.calamp.com), develops and sells wireless communications products and software for various applications worldwide. It operates through two segments: Wireless DataCom and Satellite. Using the Wireless DataCom segment’s products, clients in the energy, government and transportation fields can optimize their operations by collecting, monitoring, and processing data collected from remote assets. Examples include pipelines, power grids, vehicle fleets and railcars. The Satellite segment develops, makes and sells satellite dishes and networking devices for digital and high-definition satellite television services. M2M products connect a wide range of machines to the Internet. For example, fleet operators can use these devices to track their vehicles and locate stolen ones. Smart meter makers can use M2M systems to monitor their meters through the Internet. M2M technology is increasingly referred to as “the Internet of Things,” A recent report from Cisco Systems projects 50 billion connected devices worldwide by 2018. In the three months ended November…