What do you think of this?
Posted by: Mickey10305
In reply to: GordonGecko who wrote msg# 219823
Date:12/6/2007 2:04:20 PM
Post #of 219954
Check out TKO. near a 52 week low but could rocket soon.
Content on Demand MegaShift from Mike Murphy
Telkonet (TKO) drew a question from Tom: "I don't understand why you haven't made any comment on the sell-off of BPL at TKO or why there has been such a sell-off since their earnings release. I thought BPL was the main attraction to TKO, so what does this mean for the company?"
Tom, Telkonet is still the leader in Broadband over Power Lines. They sold their investment in a private company called BPL Global for $2 million in cash, where they had invested $131,044 in the company in February 2005. BPL Global develops broadband services via power lines through joint ventures in the U. S., Asia, Eastern Europe and the Middle East, using Telkonet equipment.
The new proxy was just filed, and shows CEO Ron Pickett running for that job again. The annual meeting is scheduled for December 21. If you get a proxy, vote against Pickett and we'll collectively send a message to the Board of Directors. I still believe that we'll see a change in CEOs shortly, so TKO remains a buy up to $5 for my $15 target. That looks a long way away, I know, but things can change very fast in a small company with a core technology like this.
