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no idea but this stock trades in some crazy ranges so I'm not selling...I can wait
OUUUUCCCHHHHH!!! What the hell happened today to tank the price like THIS????
I think the bottom hit at 1.41... hopefully a recovery lies in the future.
Well today didn't help the cause! :(
As long as the EONC PPS goes up on a steady aggregate, I'll be a happy camper!
Yeah but the Company states the poor initial reception of one of their particular products that needed a rework. This was $900+K of it. I understand what your saying but were talking $5+M more in revenue. Hell, they can cut certain costs in order to bring profitability in line but additional revenue is always more difficult. I'd say the benefit here should go the way of revenue but not sure the investment community will see it that way. There has been no PR from the Company either which may also help. Additionally, the market was down 276 points and PLCM as a gauge was down 5%...a much more liquid stock. I don't think this is much of a ding and we may see some positive movement in the days ahead. JMO
Ahh... WHY report peachy revenue figures when the bottom line is where it counts?
Apropos: "For the year ended July 31, 2011, eOn had a net loss of $1,380,000. eOn has incurred substantial losses since inception resulting in an accumulated deficit of $49,769,000. eOn may not be able to achieve profitability from operations in the future." -EONC 10K at 13 (October 28, 2011).
THAT explains this most unfortunate and piss-poor EONC PPS performance, especially where EONC drastically increased its revenues but still managed a $1.4 million net loss!
EONC's MOST RECENT 10K...
Copy 'n Paste this URL: http://www.sec.gov/Archives/edgar/data/1084752/000119312511285844/d248972d10k.htm
10K EXCERPTS
CUSTOMERS
During fiscal year 2011, the Company recognized revenue from the federal government of $735,000, or 3% of total revenue. Revenue from four major distributors was $9,285,000 or 40% of net revenue for the year ended July 31, 2011. Revenue from one of these distributors, Graybar Electric Co., Inc., was $3,950,000 or 17% of the net revenue for the year ended July 31, 2011.
STRATEGY
• Provide Migration Paths to Encourage Millennium Customer VoIP Adoption: Many existing Millennium customers require that they be able to support more VoIP based applications. Since the Millennium has an architecture that supports traditional TDM switching and IP-based transmission technology, eOn is able to provide a solution that allows customers to migrate to IP at their own pace and ultimately reap the cost savings and business performance enhancement benefits of converged networks. eOn offers customer migration programs to encourage IP adoption, that preserve a customer’s existing investment in the Millennium system.
• Maintain Our Investment in the eQueue Business: In spite of the maturity of the North American market, we believe our eQueue Contact Center Solution offers advantages that remain viable. We will continue selling and supporting the core eQueue product offering to improve our ability to win competitive bids and provide additional solutions to our existing customers.
• Maintain and Develop Strategic Relationships: eOn and Cortelco believe that it is critical that strategic relationships with major distributors be maintained and enhanced. The Company seeks new relationships that fit and do not create conflicting efforts within its distributor network. In the highly competitive telephony business, Cortelco sells both traditional and IP products which enable the Company to enjoy good baseline revenue while at the same time establishing itself in the emerging IP market. Product sales are based on a reputation for quality and service that has been built over many years.
• Production and Logistics: Unlike many providers of telephony products, the Company has extensive warehouse, shipping, repair, and final assembly capabilities at our Corinth, MS facility. This enables us to provide a level of service many of our competitors can not.
• Introduce a new VOIP Platform: In late 2010, eOn introduced a new VOIP platform that will support PBX and ACD functions. The goal is to provide all of the features inherent in our existing products while at the same time improve our capability to seamlessly network over distributed environments.
PRODUCTS AND PRODUCTS UNDER DEVELOPMENT
Millennium Converged Communications Platform
• CTI: The Millennium offers a standards-based computer/telephony integration (CTI) solution that includes support for native CSTA interfaces and third-party TAPI, TSAPI and CSTA applications. It provides customers with a common open-platform for building cost-effective computer telephony solutions. Through integration with existing customer databases and third-party TAPI applications, the Millennium can provide visual call control and call monitoring to enable presentation of caller information based on Caller ID, ANI, or DNIS.
THE STREET on EONC...
RECOMMENDATION
We rate EON COMMUNICATIONS CORP (EONC) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little [guidance] to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. EONC's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses [e.g., below average profit margins and weak operating cash flow].
HIGHLIGHTS
EONC's very impressive revenue growth greatly exceeded the industry average of 15.5%. Since the same quarter one year prior, revenues leaped by 57.3%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share. EON COMMUNICATIONS CORP has shown improvement in its earnings for its most recently reported quarter when compared with the same quarter a year earlier. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, EON COMMUNICATIONS CORP turned its bottom line around by earning $0.20 versus -$0.13 in the prior year. Regardless of the somewhat mixed results with the debt-to-equity ratio, the company's quick ratio of 1.37 is sturdy.
POINTS OF CONCERN
Indeed, despite currently having a low debt-to-equity ratio of 0.60, it is higher than that of the industry average, inferring that management of debt levels may need to be evaluated further. The gross profit margin for EON COMMUNICATIONS CORP is currently lower than what is desirable, coming in at 31.70%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 2.40% significantly trails the industry average. Net operating cash flow has significantly decreased to -$0.04 million or 126.79% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
-October 30, 2011
I find myself completely perplexed. EONC's PPS should have shot-up quite a bit this morning. Something seems off here.
You tell me...
So WTH is going on with PPS???
Revenues were up 39% from 2010 to $23,000,000...10-K out yesterday!
Specific... EONC's earnings for fiscal 2009 were down, but in fiscal 2010 they shot up; I believe the earnings report will show RECORD earnings levels for fiscal 2011. The accumulation and purchases over the past week suggest people KNOW good things to which we are not yet privy.
is there something specific that leads to your optimism or just past performance? I hope you are right regardless!
Come back, buy, and be happy! Good news awaits on Monday!
BUY IN TODAY. Do 'er dude; I did!! ;)
I'm 75% sure EONC's news will be excellent, and I'm 51.5% sure EONC's PPS will see a signifcant jump! It's worth risking some play money, at the least!
You MIGHT want to buy back in today, for a chunk anyway, in case Monday's report rocks the house! Just my two cents.
Order filled at $1.57 per share. Hopefully it double-bags next week! I only spent about $500.00 on this one in case the report is a flop. Lotto play, IMO, and I just bought $500.00 worth of lotto tickets.
I put in a buy order today for 300 shares, just for the hell of it.
Sold most in May (85% ROI).
Looks like there were several opportunities since then to make a few bucks depending on timing and style.
Can't help with much more, haven't followed since last sell of remaining shares in early June in which I missed a 40+% gain by a couple days. Can't win em' all.
GLTY
Sieg
Thanks. Hopefully you are right. Too bad there is no one that does an earnings preview on these guys.
EONC's technical chart strongly suggests that investors anticipate good news on October 31st.
Really? Is that STILL the case???
Sorry, I have had nothing to do with this stock for months now. However, it WOULD be nice to get a response to your inquiry!
Can anyone speak intelligently about what they expect from Eon's fourth quarter and year end financials due out on Monday Oct. 31...thanks!
Hopefully up into the $3.00 PPS range!
Looks like its headed right along with the entire market.
Dreaded RED Zone.
GL
Sieg
Where is EONC headed with earnings in June
While it can provide upside for traders on swings, it seems crazy that this stock can't hold any value. What do people expect on earnings here? Is that the next catalyst or do we need to see something more substantial such as a new contract? Any thoughts appreciated.
The boat is sailing fast with EONC.
Awesome volume, up 2900% from the three month average.
She's a wild one on her way back up, if this trend continues and all indicators are correct EONC may see the highs of last year.
All aboard!!................? Watching for crazy swings in both directions, play correctly and bank the BIG $$$ with this one.
GL
Sieg
Event
ACUTA 2010
EVENT: The Association for Informaiton Communications Technology Professionals in Higher Education Conference
LOCATION: JW Marriott, San Antonio, Texas
DATES: April 18 - 21, 2010
Cortelco, a subsidiary of eOn Communications, will exhibit at ACUTA held at the JW Marriott San Antonio Hill Country on April 18 - 21, 2010. This event offers access to decision-makers at campuses across North America and beyond. ACUTA provides a forum for interaction with those who purchase services to meet the voice, data, and video demands of hundreds of colleges and universities.s.
Cortelco will be showcasing several new products and applications, including their new HD IP Telephones. You will be able to find them at Booth # 1015. This is a tremendous opportunity to learn more about Cortelco and speak with them about eOn's Education Solutions too.
For more information on Cortelco, please visit their web site at www.cortelco.com and for more information on eOn's education solutions, please click here - Education Solutions
We hope to see you there!
Quiet board, thought someone else would post this no one did so thought I would.
yeah Green....looks like finding support here as well...GLTY.
check could be reversing yest, and today
too funny, a couple red days and bashers appear, before post deletion that is, haha yourself.
see you at 7.50 tommorrow.
I believe they can release more from authorized, but based on the chart, there is a core group of holders not willing to sell, but accumulate more shares and a company that wants that pps to go higher. So let it ride ....IMO.
i'm holding gotta love this start to 2010
what happens if all of the float gets bought up
blue sky territory, you have to go back to 2000 to compare, when it was $150.00! OBV suggest peeps slowly accumulating from back then, and now must be very happy campers...IMO.
Another Nice Full White Candle
seeing as even the occasional pullback doesn't last very long, should be heading north the majority of the week....IMO.
What do you think after a day like today, i see more Green Comming this week.
Your Thoughts
you ain't kidding....1,890,315 float!
yeah, looks like it needed a breather, will just have to watch since it may have a couple more down days.
Tiny Float with almost nothing left, will continue to fly next week
another play on an absolute tear since about May, and I'm the first to post...LOL.
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eOn Communications Corp.
185 Martinvale Lane
Suite 100
San Jose, CA 95119
United States
Phone: 408-694-9500
Fax: 408-694-9600
Web Site: http://www.eoncc.com
DETAILS |
Index Membership: | N/A |
Sector: | Technology |
Industry: | Telecom Services - Domestic |
Full Time Employees: | 61 |
eOn Communications Corporation, together with its subsidiaries, provides communications solutions in the United States and internationally. Its solutions are built on open architectures that enable easy adoption of technologies, such as voice over Internet protocol (VoIP) and concepts, including service oriented architectures. The company offers the Millennium Converged Communications platform, a solution for small and medium-sized installations, designed for multi site networks, such as school systems, multi tenant services, professional offices, distribution facilities, and retail stores. This platform offers integrated voice mail, unified messaging, and fax messaging services, as well as an array of advanced desktop telephones to employees for information access. eOn Communications also offers the eQueue Multi-Media Contact Center Solution that enables contact centers to interact with their customers regardless of the involved communications media. This solution’s eQueue applications include multimedia routing of interaction types with automatic call distributors functionality, telephony capability, email, Web chat and Web collaboration, integrated voice response, voice mail with unified messaging, fax messaging, and quality assurance recording, as well as a range of desktop devices and applications. In addition, the company provides eNterprise SIP Business Telephones to extend communications features of VoIP soft switch platforms to users over Internet protocol networks. It sells the Millennium Converged Communications Platform through a network of U.S.-based dealers and value added resellers (VAR). eOn Communications sells, installs, maintains, and supports eQueue Multi-Media Contact Center Solution through its direct sales force and through certain VARs in North America, as well as markets eNterprise SIP Business phones through VoIP equipment suppliers and distributors. The company was founded in 1991 and is based in San Jose, Cal.
10,000,000 authorized shares
2,735,634 outstanding shares
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