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For sure it will be impossible to buy when a major DU contract is announced.

Quite possibly Kitlow however with 6 MMs camped at 47 it will take massive buying to move them all.
The evidence is mounting for a massive rerating, I won't be surprised by it but the market has not seen it.
I am fully in, absolutely fully in short, mid and long term for the first time ever. More funds coming first week of July but I fully expect 60p+ by then.

MMs continue their holding pattern to discourage trades. This is whilst we all wait for the results from last year (insignificant) and any forward looking statements.
Also in the background the possibility that Ethernity are engaged with Dell servers in their strategic alliance with Dish to develop a standalone ecosystem. This is for their 5G network but also for a go to market product.
All the clues are there in the various comments.
Major Server vendor in North America, North America ISP planning OpenRAN cloud RAN network. Large ISP capable of steering a large server manufacturer to Ethernity. Aware of the Ethernity solution through connections at board level. DU delivered for OpenRAN trials and further development to develop the NIC for specific requirements of the network.
Dish are committed to a brutal rollout schedule covering 70% of the US in 18 months (is that even possible). So walking back they need a solution ready to go like yesterday. Ethernity moved from idea to prototype to delivering to 3 Major Server manufacturers in just a couple of months. Since they have required additional acceleration of funding to support increased demands. David says major players are seeing Ethernity now and engaging as OpenRAN early deployment players move to actual deployment. Ethernity tell us this is a breakthrough product, the Glomo nomination (for breakthrough product) supports that.
Dish are ready to serve their 5G offering to the US. They engage a major server vendor in the US who now need a rapid DU solution to run on their CoTS server.
Don't try to tell me that it is not Ethernity as Dish is the only early option for C RAN deployment.
The question is who are the other two.
Do huge businesses like Dell and Dish use micro suppliers like Ethernity. Yes absolutely, Dish contract Dell and they bring the best solutions to their product. They don't build their own they go to the best. Ethernity are recognised by Glomo as the inventor and flag carrier for DU virtual routing, why would Dell go anywhere else.

Back in January in the 2021 trends part 3 we were given a very strong indication of the potential of the router on the NIC.
I suspect that Ethernity has multiple interested parties not just for the DU solution as any layer 3 application will require forwarding and routing. Ethernity are absolutely out in front here and will sell literally millions of units through OEMs and integrators. This isn't pie in the sky, this is becoming reality now. Yes the market doesn't see it yet but it will very soon.

"The 5G distributed unit is merely one example where Router-on-NIC is a useful solution that provides the best of both worlds. It enables a paradigm shift in many other applications as well.

As operators have become more aware of this option, they have begun demanding it from their OEMs. Lately, Ethernity has noticed an increase in OEMs and system integrators requesting Router-on-NIC functionality, often being sent to Ethernity from the operators. This trend is expected to snowball in 2021, as more and more operators realize the potential applications of a router that can be included within the server, via Ethernity’s ACE-NIC SmartNICs"

I guess 7am tomorrow is prime time for news. Has to come eventually.

MMs have really shut the door with this spread. They are not interested at the moment. Big reductions on the spread are possible but 45p is really what they are going to cost.

45.4 to buy currently. MMs all on 47 apparently with some shares to sell.
Any buying will lift the price towards 47.
Crazy crazy cheap.

I think that even if he did get burned of course the 5 founders would have started with very little and ended up with some shares at $38 a pop. I don't think that he will have done so bad. He managed to start Ethernity and run it for years with no venture capital.
Inventing the GPON protocols really so far is his claim to fame.
David is clearly a very smart guy.

I don't know Patt from Advfn. I am close to the company though. Israel is a vibrant ecosystem of tech. I found many who knew of Ethernity and wanted to talk about them. Not just employees but several from other R&D based companies who want to work there. Many are happy to discuss broadly where the tech is going, what is possible and how clever they are at being part of it.
Often one is flying blind or collecting snippets without knowing the significance. I keep extensive notes and then looking back I see the obvious. Inevitably from time to time I hear something that can't go on a public forum and can't be verified.
Occasionally you piece bits together that seems to make sense like Dish Dell Ethernity but it doesn't mean that it is the case. Dell may have been engaged but choose a different route (or router). I don't know. I do know that so far the story hangs together.

I don't fear the results from last year. They will be OK, are historic and will hopefully contain some info from the last 6 months. They may be a distraction but short term I am loaded with a 60p target but will modify if they move strongly. Mid to long I am still at £5-10.

Uhif I doubt that he had to sell. He just exchanged some 130p shares for 30p shares. Seems completely reasonable to me. David Levi and Shavit Baruch both exchanged their shares at the same time. David and Shavit has invested nearly every penny they have earned back into the company.
I am sure that they are both extremely careful with their investments and mindful that as founders it is extremely difficult to sell shares without negative consequences.
I think that you will find that they are personally wealthy and have a very high standard of living in Israel.

I think Tarana does derisk the existing business completely. I expect profit from Tarana and recurring revenue from known contracts to more than cover the entire costs for the structure of the business next year. That derisks and underwrites the company. So far they state just $1.2m orders from Tarana for 2022 but that will be based on existing clients with 6 months to go to add many more. I think $5m will be the low end expectation.

If potential means full potential then it is quite realistic to assume that will never happen. Reality is that the market will never know what's happening behind the public face until it is delivered.
Sales will start small but the share price could comfortably wear £1-2 this year. That is with news that major contracts like Tarana are secured.
The Tarana deal has added arguably zero to the share price so far. On a crude level I understand why. In December we knew that a deal would produce $500k this year and we now know that it will be $740k. However we also know that to reach $6m they need extra income beyond recurring royalties and expected sales. So the 50% increase from Tarana is just absorbed in that.
Tarana is so much more because we know that it is Tarana, we know that there's huge demand, we know that a tower can hold up to 4 Ethernity units. What we don't know is the margin on each sale. Hence a zero response.
However we as shareholders have seen our investment derisk almost completely.

In the US a small group of Tech billionaires have cast their net wide to preempt challenges. Ethernity has understood the dynamic largely because they have been part of it since pre IPO when they started problem solving for Tarana.
Greg Wyler is on a mission to connect the world. Greg supported Tarana because compared to putting satellites into Low orbit the last mile connection is mission impossible.
So I feel sure that Tarana will play a part in distribution of the signal where trees and other obstacles create loss from low orbit.
Now look at Ethernity, they have just developed a wireless backhaul product and soon they will be releasing UEP-60.
I can't help but think that this is all linked. Why now for wireless backhaul. It uses principles for connecting as found in the Ethernity part of the Tarana solution. It can be used with wireless or satellite. It is about how the data is handled not the mode of transmission.

So the Dell Dish Ethernity story. Dish are working with Dell for server, edge and networking. Dell we know do server and edge as they have off the shelf products. Ethernity deal with Network. We know that Ethernity has engaged 3 Major Server manufacturers. We know those manufacturers have an ISP in train. Can you think of any others in North America big enough to energise a major player.
Dish has gone for ground up OpenRAN so it goes without saying that this is fpga and virtualisation. There will be ASICs components, largely limited function not so SmartNIC. Network cards will be needed to join functions but the magic will be virtual.
Dish or rather Dell will need a DU solution. They have already spoken of a unit at the cell tower and a unit connecting a network of towers. This is the DU. They also talk of the CU being remote from the DU. This is the same scenario as the Ethernity DU solution. Now that DU CU connection is probably going to be physical however with wireless backhaul it need not be.
I first thought wireless backhaul would be redundant capacity for a damaged cable or maintenance but now I think that it will be the network.
Imagine a scenario where most information is dealt with locally. A question raised at one tower does not need to go to the data center for an answer if the answer is at the edge. So the wireless backhaul could actually be a local network of edge servers. Now we don't have a simple router to multiple CU scenario but a DU with multiple CU and multiple edge server scenarios. Now the router needs to be programmable, agile and all at minimal latency.
I hope that I am right about this, it adds up to me at least.

I think one from three would be very exciting. We need to remember that Ethernity has a unique product with unique features and it will save huge investment in a massively expensive process.
I still expect the numbers will be small from the start but if they have multiple wins the numbers will escalate rapidly.

I see no reason why ASICs and fpga cannot coexist in a ecosystem. The ASIC part is obviously a factor that becomes common, unlimiting and with future proofing built in. The agility will come from the fpga but not all of the system needs to be programmable to be agile. Not all SmartNIC are actually smart. ACEnic-100 is an absolute leader.
Markets are opening up now for Ethernity.
I think that the 3 are Dish, Vodafone and Telefonica. Just saying.

Really we need to know who the other parties are then like Tarana it is open season on news.

As revealed in the December update this customer has doubled the specifications to generate more income and consumed the pre paid licences (I assume in trials)
This could be a significant earner in the near term but also a significant news channel as this is North America a huge market.

This is also maturing to deployment very soon.

Ethernity will supply its ENET Switch and Traffic Manager firmware to support performance of 200Gbps on customer’s new xPON optical light termination (OLT) device. The customer intends to deploy its new OLT platform in H2/2021. Given the popularity of the platform and the size of the OEM, the new product is anticipated to generate significant ongoing royalty streams for the Company, added to significant short-term revenue as detailed in a newly signed contract.

So this is a large OEM on a popular platform launching a device in H2.

I am putting 2+2 together and whilst the answer may appear to be obvious there's possibly parts of the sum we can't see yet.
Please don't accept my posts as anything other than the ramblings of a inquisitive shareholder driven by greed. Please don't accept it as gospel, please do your own research and draw your own conclusions.
I know nothing not in the public domain. You will be surprised just how much is in the public domain if you dig a bit.
I am sure that like Tarana if/once a deal is done then the market will be updated.
I am looking to stimulate research and nothing more.

My final word on this.
When I first arrived in Israel I had a meet with a local at a beach café. I had established this contact through a recruitment portal. So we discuss Ethernity and generally the tech sector. I learn a bit, basically I have numbers but no sum to work on.
So a few weeks ago we exchanged messages and I press again. I am told that the DU partners are big. Big enough to win big contracts and yes I would have heard of them. In fact I could be using one of their devices right now.
Well I have a XPS from Dell and yes I had it on the table at the beach café.
Intriguing....
If this isn't the way it is what's going on here.....