After the carnage of the third quarter for many major infrastructure vendors, there is comfort in being a more specialized player, and Alvarion found a relatively safe haven in WiMAX, beating expectations and seeing its shares rise by 4.5%. This positive reaction came despite a lossmaking quarter and a softening of WiMAX revenues because of the credit crunch and delayed projects, but the markets are increasingly positive towards a technology that is deployable now and is well placed to benefit from stimulus funds, broadband initiatives, spectrum auctions and public safety projects round the world from 2010. So despite a cautious outlook for Q4, analysts mainly tuned into Alvarion’s statements about growth prospects for next year, particularly the much delayed Indian…