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2morrowsGains

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2morrowsGains

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Re: None

Wednesday, 11/14/2007 9:55:24 PM

Wednesday, November 14, 2007 9:55:24 PM

Post# of 173939
TSTC...Excellent quarter! Verizon was mentioned again in today's earnings PR! (Hopefully we'll hear more on them tomorrow in the cc)...
"In the United States, Telestone has been approved for license agreements from the Federal Communication Commission on CDMA signal repeater products. The company's CDMA repeater products have also successfully passed trials conducted by Verizon."

Also, WFDS (Wireless Fiber Distribution System) could be huge IMO..."Proprietary WFDS product".

Strong relationship with China Mobile..."Our relationship with China Mobile strengthened during the quarter, and we have seen important progress regarding our proprietary WFDS product, which generated revenue for Telestone even as we further develop the technology. I believe our diverse and growing set of relationships, products, solutions and markets will continue to enhance our business prospects for the future."

A/R increased, but look who their major cutomers are. And some of the increase may have come from the acquisition.

And then there's the Business Outlook...

"The Company believes that revenues will continue to improve for the remainder of the year and now estimate that full-year earnings growth will exceed the previously announced 30%, resulting in revenues of at least US$30 million for 2007. This expectation is based on anticipated sales of new products and solutions within the People Republic of China and new geographical markets, as well as revenue contribution from Shandong Guolian."

Good growth story unfolding here and may be worth holding into 2008. Just my opinion though.
We'll see what they have to say in tomorrow's cc.

http://biz.yahoo.com/prnews/071114/cnw041.html?.v=1



The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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