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Check out this post by nthomp over at Yahoo!!!!
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_T/threadview?m=tm&bn=23708&tid=...
About time a positive day happens around here...why is it that GE can put out more announcements about its relationship with TKO than TKO can put out about its relationship with GE? How incompetent are the folks at TKO?
MLK is right. Up 11 cents!
BSD
Gip, be careful when looking at commodity prices as an inflation indicator. Globalization over the past decade or more has done quite a bit to change that dynamic. Plus, not all commodities are the same, so it's difficult to generalize, but many commodity prices have been driven by speculative price bubbles, rather than basic supply and demand. Additionally, inflation, in my view, if more of a monetary phenomenon than anything else.
Ouch, awesome news, I hadn't seen this yet. I copied just a section to post, because I don't think this is small potatoes. Here is a small part of the info:
Find a need, fill a need
GE Energy has signed an exclusive agreement with Telkonet, a leading developer of innovative PLC solutions for the commercial market, to develop the Intellix SK100. Telkonet’s iWire System™ has been delivering simple, cost-effective and secure broadband network access in hotels, resorts and other commercial buildings for years.
“We haven’t seen any solutions quite like this for electric utilities,” says Stuart Borlase, GE Energy's marketing program manager for Intelligent Electronic Devices (IED). “By working with Telkonet, we’re bringing a commercially available product to a new market and filling a gap in our industry.”
In demos of Intellix SK100, users report it is an ideal communications solution for the following:
- Adding communications to devices and applications in existing substations or power plants;
- Adding site access control and surveillance;
- Reducing communication costs in new construction; and
- Providing temporary or trial-use installations of equipment
requiring communication capability.
The Intellix SK100’s intelligent platform is capable of supporting multiple applications—such as protection, monitoring, control and data acquisition, with flexibility in the location of communication interfaces. The system supports a wide variety of GE products with Ethernet communications.[/I]
Man, if you can't get excited at least a little bit about this, you need to see a doctor. I realize there are a couple of detractors who have thought this was dead, but look who's coming to dinner!
I have been catching wind of something big coming, but was sitting back and waiting to see. Could this be it? Oh I do believe so. With GE, you have size, name, reputation, international exposure, the whole shooting match. I hope some of you are as excited as I am.. this is a dream coming to fruition.. awesome!
BVChuck,
The only shares up on my board today so far are commodity shares (oil, gold, pharmaceuticals) pushing inflationary concerns once again. The value of the dollar hit an all time low today continuing its lengthy decline... not good if we expect foreign countries to continue to finance our growing national debt (a rate cut now could actually be damaging). GDP is at 2%, exactly where the Fed wants it. None of this signals the need for a rate cut on the 18th IMO. I still think the Fed will hold!
At least TKO's hanging in their.
The S&P 500 hasn't gained 2% yet (needs to breach 1480 for me to become more optimistic). Everything is still on hold.
Gip
This was posted on Yahoo this AM by Major, in regards to (GE), for any who may not have seen it.. I couldn't get the 2nd link to copy correctly, so included only the 1st link...
---------------------------------------------------------------
where is GE? (Not rated) 12-Sep-07 12:35 pm
gutaquest, watch your mouth
and to all the "where is GE?" people out there--go here:
http://images.questex.com/gss/2007/ge_energy/0807GE_Energy_Mgmt_News.html
Read that and then, you too, may join new2 back on the long side. It is time to come back around. GE may be slow and deliberate naming a non issue (wiring is everywhere) as the only issue but in fact they come right out with even more remarkable applications for TKO (alias SK100)-- Texas Tea anyone?
It is a beautiful thing when that damn puzzle you have been working on forever starts to actually look like something and the last pieces seem to fly into place.
Get on it! Nthomp--buy more.
Major
PS: It takes two days max to handle an airport. How many are there? Next stop? Join the army boys! Can this picture get any clearer? I would say more but I am in a hurry.
Down SIX CENTS!!
Does anyone have any clue as to why no TKO PR can have revenues attached...that is the sole reason that TKO always moves lower on a news release.
It appears that these PRs over the last week are intended to tell us that the topics discussed in the June conference call are happening as planned. Although dollars are not being discussed, at least in today's PR, the number of locations is on par with what was discussed in the conference call. To me, this is effectively saying they are on target, or better in the case of the SSI PR.
Hopefully we will see one regarding airport work for the TSA. I believe that is one of the bigger dollar contracts that they were looking for in the Govt sector. On the key channel partners side, maybe we will see an update on Geeks or GE over the next few weeks.
Without coming out and saying it, I believe these PRs are designed to tell us that TKO is on the mark so far in these areas. I think this is an effective way to do it versus sending out a PR every time they install a location.
The incredible shrinking bid is back!!!
Down two cents. But, I thought this was such great news. Doesn't the market know that? What is wrong? I can't believe it? Then again, news releases without revenue are highly suspicious and met with skepticism. Of course it is going down.
TKO in negative territory.
Must have been great news for the market to give such a resounding response.
TKO beginning to "green up" on Barchart.com. Less than a month ago it was solid red, 100% sell across the board. Take a look now:
http://quotes.barchart.com/texpert.asp?sym=tko
I think it will continue to get greener, especially in the mid/long term areas as the price stabilizes at a higher rate and then grows in price in the next month. It's getting exciting!
Good investing!
Exactly, right. Kickin butt and takin names.
BSD
Wow! We are already over half of yesterday's share total. I think the most recent news is stirring things up. I wish I could see some kind of dollar amount for the gov. contract(s) so I can figure out how loud to yell and how high to jump! All of us patient longs will be rewarded..in the long run.
Good investing!
More great news, MLK, no wonder you think we'll see 2.70 by Halloween!
BSD
Telkonet Deploys Secure Powerline Communications Solution to Over 200 Department of Defense Sites
Telkonet Announces an Additional 600 Sites Have Been Scheduled for Delivery between Now and 2008, Enabling Network Connectivity to DoD Personnel
GERMANTOWN, Md., Sep 12, 2007 (BUSINESS WIRE) -- Telkonet, Inc. (TKO:telkonet inc com
News, chart, profile, more
Last: 1.68+0.09+5.66%
9:07am 09/12/2007
TKO(1.68, +0.09, +5.7%) , the leading technology solutions provider for broadband networking, end-to-end service support and energy management, today announced it has delivered its FIPS 140-2 validated, powerline networking solution to over 200 Department of Defense (DoD) sites nationwide. The unique Telkonet iWire System(TM) was competitively selected for use within these locations to foster the rapid, cost-effective delivery of secure unclassified network connectivity to DoD personnel. An additional 600 locations have been scheduled for deployment between now and through 2008. Under the engagement, Telkonet is supplying its award-winning hardware, software, fulfillment and delivery services.
John Vasilj, vice president of Telkonet's Government Systems division stated, "With this recent DoD-related effort, we are pleased to announce the continued expansion of the Telkonet iWire System footprint within the Federal, State and Local government markets. Having secured an enterprise-level position within a highly competitive government IT environment, multiple enterprise-grade government certifications and notable past performance references, we are anticipating significant growth in the contracting and delivery of Telkonet-enabled products and services related to network design, deployment, integration, support and maintenance."
Ron Pickett, chief executive officer of Telkonet added, "We have recently seen a significant acceleration in orders within our Government System division, which will be positively reflected in revenues during the second half of this year and well into 2008. The first 200 deployments of this DoD-related engagement represent the delivery of Telkonet-enabled network connectivity to over 1,000 DoD workstations within the last 90 days. We are expecting this aggressive deployment schedule to continue well into 2008."
About Telkonet
Telkonet specializes in advanced integrated solutions for broadband data networking and energy management, including its highly successful in-building powerline communications (PLC) technology. Headquartered in Germantown, Maryland, USA, Telkonet has over 175 employees and serves thousands of customers worldwide.
The company's unique broadband networking solutions currently support more than a million network users per month, with its energy management systems optimizing energy consumption in over 60,000 rooms. Telkonet's technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet's platforms are widely deployed on the global stage - in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet's innovations include the revolutionary Telkonet iWire System(TM), which converts a site's existing internal electrical infrastructure into an IP network backbone - quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
SOURCE: Telkonet, Inc.
Telkonet
Joe Noel, 240-912-1851
or
Rubenstein Public Relations
Mitchell Simmons, 212-843-8364
msimmons@rubensteinpr.com
or
CEOcast
Andrew Hellman, 212-732-4300
adhellman@ceocast.com
My best to Sirius and Walrus just another old long.
EM, it is amazing..I just hate the skidmarks! Ha!
Have a great rest of the day to all!
Isn't it refreshing how pps moves up so well on low volume when shorts have left the scene?
Note front page of today's wsj Hotels going green. Very relevant to tko technology.
Good News! My previous prediction looks to be holding up. $2.60 by the end of October. I think the company has too many good income avenues now to ignore their growth possibilities. If management keeps things on track and growth occurs in the foreign market, numbers will look even better. As someone pointed out, this is a very critical time for TKO and I think they will come out as a solid investment after a time of "drifting". Divesting themselves of MSTI was a good move. I know they own stock, and MSTI is down, but the drain factor has been eliminated. There are too many other good growth areas such as the energy management section, to be stuck with any albatrosses. It wouldn't hurt my feelings if they got rid of all their stock in MSTI, but maybe there is some downrange opportunity there also. All in all, a pretty exciting time. It's good to have some rugged TKO investors to banter with about the stock, its' potential, strengths, weaknesses, etc. Some may doubt, but I don't. Good to feel positive about TKO and its' future.
Good investing to all!
Just like you said, up 10. Another great call
BSD
That is what I'm looking at...only up two cents now. The bid keeps shrinking...no buyers to be found. Maybe my warning about the scary October to come are making the rounds. $1.20 by November 1st, remember
What are you looking at? I've got up .04???
No volume...sinking bid...not looking too good again today for good ole TKO. What a sorry state of affairs.
Hey Gip,
I think we can both agree that deciphering Fed-speak is quite subjective and art rather than science. As someone who has paid attention to the Fed for quite some time, I can say that Yellen has historically been one of the most hawkish governors. I read recognition/admission of the potential considerable impact of the current downturn in her comments. More importantly, I read an acknowledgement that the inflation situation, which normally overrides all of her policy decisions, is contained (in the comfort zone) and getting better. That, to me, signals a green light that a cut is in the cards unless there is some material improvement over the next week.
Go to the year 2005. That is the year the Telkonet products received their initial Fips validation. Under certs 553 & 557, you will find updated 140-2 validation on 8/29/2007 for the next generation Telkonet Products.
I do not see Telkonet on the link in the 2007 year. Can you tell me where it is on the page?
I think you're right on the 200MB chip... they refer to it as the G-Series, maybe infering GE?
Hi Ouch,
I agree the S&P 500 is the KEY future trend indicator. If we go + or - 2% either side of 1450, I think the next three month direction will be set. If the Fed doesn't cut at all, and my reading is they won't, we're headed down. I did cover all my margin positions today! If the Fed cuts 1/4 we may get a brief rise like you said, but not more than the 2% into Oct. Way too many problems surfacing to shake consumer confidence. I may get out of the market entirely the closer we get to the 18th/19th meeting. IMO Bernanke has mis-read the economy since his appointment and needs a reality check.
Gip
Hi BVChuck,
Here are Yellen's comments:
http://www.frbsf.org/news/speeches/2007/0910.html
I read her as leaning heavily towards a wait and see, no cut at all... that conditions do not currently warrant any cut based on the limited impact of one reading. I think the Fed is seeing inflationary effects globally (China now up to 6.5%) and Europe up also, and wants to see hard negative downturn numbers in employment and a spending here for 2 - 3 months before acting. She commented he housing impact and subprime impact are minor to the overall economy which has been slowing but still OK?
Find attached FIPS 140-2 approval issued to the Telkonet Gateway (cert #553) and I-Bridge (cert #557) on 8/29/2007. I suspect this is the 200mbp chipset product.
http://csrc.nist.gov/cryptval/140-1/1401val2005.htm
Also, my takeaway on the 9/5 SSI energy management news release is that Telkonet raised guidance to $5million from $4million originally projected in the June conference call.
I also encourage all to listen to the Ceocast interview with Ron Pickett taped on 8/11/07 for commentary concerning international developments and opportunities.
go_tko
Gipper,
if many aren't concerned, IMO they should be concerned!!
Some believe the rate cut on the 18th is a slam dunk.. I could certainly be wrong but I tend to believe the Fed won't cut rates on the 18th.. If they were thinking of cutting them, they likely would have done so already.. If the Fed lowers the rate, it will be because they gave in to the pressure.. The Fed is already pumping Billions of dollars into the economy as we speak and they have lowered the Discount rate previously, as well..
Should the rate be cut, there likely will be a spike up, but it won't last IMO.. Should there 'not' be a cut, will probably be an Ouch..
I personally feel that there is another leg down coming in the market, even without the interest rate scenario.. If the Nasdaq breaks the 200 support line, which is around 2510, won't be good.. The S&P 500 has found support on two previous pullbacks this year around 1370 or so.. Should that not hold, would be problematic also..
As you mentioned, the market is pricing in a rate cut.. You can see it in the Gold price.. The price of Oil is up again. The Dollar is dropping further.. What kind of picture is that drawing..
I agree with you that either way will not effect Telkonet to much degree.. With China's overheated economy, there is money to be made in the right places.. Of course money, what is that stuff anyway??
So that's my Penney or two and if anyone else isn't concerned, IMO they certainly should be.. Only (one thing) is guaranteed?? My friend 'The Shadow Knows'!!!
I believe that headline is a complete misinterpretation of Yellen's speech. I read the full transcript and found her comments to be quite bullish for the prospects of a significant cut (i.e. 50 basis points) and additional cuts in subsequent months.
I agree totally...Asia is the place to be invested for the next decade...not just 2008.
I don't agree with your thoughts on TKO...it is due for a whoopin. No money...no sales...no rumors of supposed deals forthcoming...it is dead.
Next
This doesn't bode well for a rate cut on the 18th:
"Fed's Yellen warns rate cut may not happen
San Francisco Fed president says rate policy is not intended to bail out investors.
September 10 2007: 2:03 PM EDT
NEW YORK (AP) -- San Francisco Fed President Janet Yellen said Monday that while market turmoil has the potential to hurt the economy, rate policy should not bail out investors.
The speech, which helped send major gauges lower in early afternoon trade, followed comments from Atlanta Fed President Dennis Lockhart, who said investors should consider Friday's unemployment report alongside a mostly strong batch of retail sales reports seen recently. Over the weekend, Philadelphia Fed President Charles Plosser said that the Fed doesn't make rate decisions based on any one number."
IMO, The market has already priced in a 1/4% cut. If we don't get it... there may be trouble ahead. If we do get a rate cut, there won't be any upside left anyway. We could have a major market SNAFU. I think I'm going to step to the sidelines before Friday, and then wait and see what comes to pass. I can't see being invested in the US economy with a declining growth now at under 2%, while China is running at projections of 5 - 10% for 2008. In either case, I think TKO should weather any serious downturn fairly well if it occurs.
I don't want to sound like chicken little. Is anyone else concerned?
What a horrible day for TKO. October is near and the truth will come out. Remember, TKO's core business by my calculations only had revenue of about $100k last quarter. Meaning, this company is in a whole heap of trouble. Looks like the market agrees with MLK as well. Heading down below $1.20 by November 1st. You heard it here first so don't come knocking for a life perserver when TKO starts sinking.
Dang...going down faster and faster. Down to $1.56 and over 6% loss today alone. Remember the ghouls and goblins I have warned about in October. As below $1.20 by November 1st will make everyone scream.
Gotta agree. Great news for the bottom line. Acquisitions paying off big time.
BSD
Down down down.
Looks like TKO is moving back to the days of publishing non-substantive news. Publish news and the stock promptly drops over 5%. That certainly isn't vote of confidence from the market for TKO's PR department.
October is right around the corner and then you will all witness MLK's genius.
Remember, below $1.20 by November 1st.
LA I would be careful of a news letter that has VOIC on it. I own that POS and if you ran across it a month ago and put your lotto money on it you would be happy. Look back longer and you'll see the 90% drop and reverse split. Not good company for TKO to be keeping even on a newsletter. Bottom line TKO has more potential and is being run by less stupid people.. FWIW I hope they both rock as I still have a few shares of each one.
EM, I never heard back from TKO so I couldn't let you know which hotels were under contract. I will probably try again and see if I have any better luck. Maybe you will get an answer.
Good investing!
EthoStream Continues Its Accelerated Sales Growth via Expanded Product Offering
Expected to generate sales of approximately $5 million by 2007 year-end
GERMANTOWN, Md., Sep 10, 2007 (BUSINESS WIRE) -- EthoStream, LLC, a Telkonet company (TKO:telkonet inc com
News, chart, profile, more
Last: 1.670.000.00%
9:15am 09/10/2007
TKO (1.67, 0.00, 0.0%) , operators of one of the largest hospitality high-speed Internet access (HSIA) networks in the U.S., and a preferred or endorsed provider for some of the world's largest hotel companies, today announced it continues to recognize accelerated sales growth through 2007, with year-end sales of approximately $5 million specific to EthoStream sales activities. EthoStream's strong sales success, along with Telkonet SmartEnergy's revenue projection of $5 million, illustrates the synergies of Telkonet's recent acquisitions.
EthoStream attributes their strong sales performance to three factors: the use of powerline communications (PLC) technology as a backbone, the offering of new energy management products that reduce energy consumption by approximately 30%, and providing a centralized, integrated platform that supports EthoStream's complete technology services offering. The combination of these products illustrates EthoStream's true technology convergence, providing hospitality owners with a comprehensive range of services.
Since the acquisition by Telkonet, a growing number of EthoStream's installations have implemented the Telkonet iWire System(TM) as a backbone, which provides a comprehensive hybrid solution of wired and/or wireless Internet access. Telkonet's system, which uses a building's internal electrical wiring for Internet access, not only eliminates the need to wire a building with costly CAT-5, but also leverages the ability to easily add products and services requiring network connectivity utilizing the PLC backbone, such as Voice over IP and surveillance. Hospitality properties are realizing they can maximize their investment by adding revenue-generating and cost-saving applications that run off of the Telkonet platform.
Jason Tienor, chief operating officer for Telkonet, EthoStream and Smart Systems International, elaborated, "Our expanded product offering integrates the best technologies of each of Telkonet's latest acquisitions. The ability to leverage Telkonet's PLC technology as an infrastructure platform and provide comprehensive remote management through EthoStream's Remote Management Console has allowed EthoStream to increase its presence in the full-service hospitality market and beyond simply high-speed Internet access."
About EthoStream
EthoStream, LLC is a technology solution provider targeting the hospitality and MDU/MTU verticals. Operating one of the largest hospitality high-speed Internet access (HSIA) networks in the U.S., EthoStream is a preferred or endorsed provider for some of the world's largest hotel franchisors.
Now offering solutions including VOD, VoIP, digital video surveillance, Internet connectivity and HSIA packages, EthoStream has developed the most comprehensive technology management platform available for the hospitality industry.
EthoStream has distanced itself from other providers in the hospitality HSIA field through the size of its EthoStream Hospitality Network, high quality of technology and support provided to network members, security of the network and overall guest satisfaction. Beyond claims made by competitors, as the premier hospitality HSIA provider, EthoStream has continued to lead the industry through end-to-end service and its high quality standards. To learn more about EthoStream's products, services and EthoStream Hospitality Network, please visit http://www.ethostream.com.
About Telkonet
Telkonet specializes in advanced integrated solutions for broadband data networking and energy management, including its highly successful in-building powerline communications (PLC) technology. Headquartered in Germantown, Maryland, USA, Telkonet has over 175 employees and serves thousands of customers worldwide.
The company's unique broadband networking solutions currently support more than a million network users per month, with its energy management systems optimizing energy consumption in over 60,000 rooms. Telkonet's technology innovation is underpinned by the highest level of end-to-end quality of service, with comprehensive technical customer support. Its systems deliver wide-ranging functionality, from wired and wireless high-speed Internet access to energy management, IP surveillance and local area networking. Telkonet's platforms are widely deployed on the global stage - in single buildings and ships, in multi-building complexes, hospitality venues and multi-dwelling units, and at government, education and defense locations.
Telkonet's innovations include the revolutionary Telkonet iWire System(TM), which converts a site's existing internal electrical infrastructure into an IP network backbone - quickly, cost-effectively and without disruption. The portfolio also includes the integrated EthoStream product suite, providing a comprehensive and advanced technology management platform for the hospitality industry, differentiated by outstanding remote management tools and a dedicated customer support facility. Telkonet SmartEnergy completes the line-up, delivering typical bottom line savings of 30% by controlling in-room energy consumption according to occupancy. For more information, please visit www.telkonet.com.
SOURCE: EthoStream, LLC
Telkonet
Joe Noel, 240-912-1851
or
Rubenstein Public Relations
Mitchell Simmons, 212-843-8364
msimmons@rubensteinpr.com
or
CEOcast
Andrew Hellman, 212-732-4300
adhellman@ceocast.com
E,
another (email address) for Joe Noel.. The phone number is the same, as well:
jnoel@emerginggrow.com
You could also try contacting, not sure if it will help:
Rubenstein Public Relations
Mitchell Simmons
msimmons@rubensteinpr.com
phone: 212.843.8073
E,
all these are available on the Telkonet website:
www.telkonet.com
phone: 240.912.1800
toll-free: 866.375.6266
fax: 240.912.1839
Investors Relations Contacts
jnoel@telkonet.com
phone: 240.912.1851
http://www.telkonet.com/ir.html
I emailed Telkonet requesting a list of hotels where energy saving technology is in use and got no response. I forget the fellows name but he never answered. Can anyone help me?
Monday, September 10 2007 VOLUME 316
Companies featured in the current edition of the newsletter: ACCP, ACTC, ARGA, CBMC, CGXP, CHIP, CLXS, CYTR, DOC, ENZ, HJHO, HSOA, HYTM, ITUI, IWEB, NTRN, PBIO, PLKH, TKO, VOIC
Despite the holiday-shortened week, the markets remain very jittery and volatile as ever. The Dow ended the week down 244 points, trimming its yearly gains to 5.2%. The Nasdaq lost 30 points, lowering its annual return to 6.2%. The S&P lost 20 points for the week, and is now up 2.4% for the year. The Russell 2000 lost 17 points, pushing its annual losses to 1.5%.
To many, the question now becomes by how much will the Fed lower interest rates at its next meeting held on September 18th, instead of whether or not the FOMC would even act at all. After the release of the August payroll data on Friday that showed payrolls declining by 4,000 versus a consensus estimate of jobs rising by 110,000, Fed fund futures again priced in a significant probability of an interest rate reduction. This was the first decline in the payroll report in four years. The unexpected reading highlights the challenges facing the economy resulting from the weakening housing market, increasing mortgage defaults and tightening credit standards.
Unfortunately, such news was not the only report that weighed on the investors' minds. Earlier in the week, pending homes sales sank 12.2% in July, representing the largest decline since 2001. For those looking for a bright spot in all of this negativity, second quarter productivity numbers were revised higher, coming in at 2.6% versus 2.4% estimated by analysts. Further, signs that business conditions are improving also helped as the ISM Services index rose unexpectedly to 55.9 versus an anticipate reading of 54.5 in August. Regardless, the market is preoccupied with policy makers and their actions pertaining to the overnight lending rate. Until then, it looks like a rocky few weeks ahead.
What should investors look for this week? The earnings schedule is light. Thursday's report from Computer Sciences (NYSE: CSC) represents the only notable company reporting results. Texas Instruments (NYSE: TXN) provides a mid-quarter update on Tuesday afternoon. The conference schedule includes the Oppenheimer 4th Annual Consumer Conference, the two-day Bear, Stearns & Co. Healthcare Conference, and the two-day Jefferies Media & Communications Conference, all beginning Monday in New York. Also starting in New York on Monday is the three-day Lehman Brothers 5th Annual Financial Services Conference. The two-day Morgan Stanley Industrial CEOs Unplugged Conference begins Monday in Dana Point, California.
The economic calendar begins with Consumer Credit for July being announced on Monday at 10:00 a.m. Trade Balance for July will be reported at 8:30 a.m. on Tuesday. Wednesday morning at 10:30 Crude Inventories for the week will be released. Two important pieces of data will be announced on Thursday beginning with Initial Claims for the week at 8:30 a.m., and the Treasury Budget for August at 2:00 p.m. Friday's schedule is full, starting with Import/Export Prices for August, and Retail Sales both coming at 8:30 a.m. Industrial Production and Capacity Utilization for August follow at 9:15 a.m., and Business Inventories for July, and the preliminary Michigan Sentiment for September both being reported at 10:00 a.m. Additionally, look for comments from Fed Presidents Lockhart, Yellin, and Fisher, and Fed Governor Mishkin on Monday, and comments from Fed Chief Bernanke when he speaks in Germany on Tuesday.
Enzo Biochem, Inc. (NYSE: ENZ), a company engaged in the research, development and manufacture of innovative health care products, last week announced that it has filed a Notice of Appeal with the Court of Appeals for the Federal Circuit, after a Federal court ruled in favor of Applera Corp. in a patent infringement case brought against it by Enzo Biochem and Yale University. The action sought recovery for past infringement of three pioneering patents, which expired in 2004. Although disappointing, it should be noted that this ruling has no effect on Enzo's current operating business, and does not relate to the company's intellectual property portfolio of over 200 patents, or its pending applications of over 180 more. Significantly, the court's decision does not impact other litigation the company is involved with Applera on related to other IP that ENZ claims Applera has infringed upon. While not surprising that the stock was weak as a result of the court's decision, the decline Friday reduced the company's market capitalization by almost $200 million, suggesting an overreaction from the investment community, as it was unlikely that Enzo would have received a cash settlement near that level even if Applera had been found to have previously infringed on the three patents. Shares ended the week at $12.56, down $5.45.
Hythiam, Inc. (NASDAQ: HYTM), a provider of comprehensive behavioral health management services, last week reported that the Denton County, Texas, Community Supervision and Corrections Department (CSDS) had approved the implementation and funding of the PROMETA Treatment Program for substance dependent criminal offenders under its supervision. Denton County has a population of approximately 600,000 individuals in the rapidly growing Dallas-Fort Worth region, and the CSDS made the decision to implement PROMETA based entirely on third-party data. Hythiam believes that data from a soon-to-be released study in Collin County will result in further implementation and funding in Texas, as well as other counties nationwide, and that availability of near-term double-blind placebo controlled study data will greatly accelerate the rate of adoption for the PROMETA treatment program across all business segments. The Texas legislature approved $2 million for funding of PROMETA-based treatments in June. Additionally, Hythiam announced it had filed a shelf registration to periodically sell up to $50 million in preferred and common stock, debt securities, warrants and units, with the proceeds to be used for capital expenditures, working capital needs and other general corporate purposes. Shares ended the week at $6.91, down 29 cents.
Volume Alert: Shares of Access Pharmaceuticals, Inc. (OTCBB: ACCP), an emerging biopharmaceutical company that develops and commercializes propriety products for the treatment and supportive care of cancer patients, traded over 6.8 times average volume after noted BusinessWeek column Gene Marcial mentioned the company favorably in a column on Friday. The company also reported last week new data from a pre-clinical collaboration between Somanta Pharmaceuticals, Inc. and Imperial College London. Somanta's Angiolix, a humanized monoclonal antibody that recognizes a migrating adhesion molecule called Lactadherin, was shown to have the ability to specifically localize to three different human ovarian cancer types, while sparing normal tissues, suggesting possible treatment applications for ovarian cancer. Somanta has previously reported the effectiveness of Angiolix in models of human breast cancer, raising the possibility of numerous other applications. Access Pharmaceuticals is in a definitive merger agreement to acquire Somanta for 1.5 million shares of common stock in exchange for all the outstanding capital stock of Somanta, subject to customary closing conditions. Shares ended the week at $4.35, up 90 cents.
Home Solutions of America (NASDAQ: HSOA), a provider of restoration, construction and interior services to commercial and residential customers, last week provided an update on the joint venture between its Fireline Restorations subsidiary and Blue Diamond Group, Corp., a New York-based construction management firm. The three New York-based projects the joint venture is working on are expected to generate revenue for HSOAof approximately $138 million over the life of the projects, scheduled to be completed in late 2009 or early 2010. Fireline expects to have revenues from these projects of approximately $12 million in 2007. The company also announced that the joint venture had received a $40 million bonding commitment letter for one of the projects. Investors seemed to have little reaction to the news, likely because they are waiting to see what the company says about its cash flow and collection of receivables. Home Solutions said it plans to hold a conference call to further update investors on Thursday, September 20th where that will likely be a key subject. Shares ended the week at $3.01, down four cents.
Telkonet, Inc. (AMEX: TKO), the leader in providing in-building broadband access over existing electrical wiring and innovative energy management systems, last week reported the implementation of significant energy management projects with several major automation and control solutions companies for an energy efficiency program with a major utility in California. These programs are projected to save millions of kilowatt hours per year, and were specifically designed to help the utility meet its state energy conservation goals by reducing energy consumption in hotel and motel rooms throughout the utility's service areas, by proving free retrofits designed to eliminate wasteful use of air-conditioning and heating units. The Telkonet SmartEnergy system typically reduces heating and cooling related energy consumption by approximately 30% using a "smart" thermostat that communicates with an unobtrusive occupancy sensor to automatically track room occupancy, relaxing the temperature when a room is empty and then recovering to guests' temperature set-points within minutes upon their return. Telkonet expects these programs to generate at least $5 million in revenues for the company in 2007. Shares ended the week at $1.67, up 17 cents.
VeriChip Corporation (NASDAQ: CHIP), a leading provider of identification and security technology, last week announced the launch of its new PATIENT FIRST program, enabling patients to receive the VeriMed microchip at no up-front cost and a subscription to the VeriMed Patient Registry at a fee of only $9.95 per month. The program will first be launched in South Florida, northern New Jersey, Boston, Baltimore, Washington, D.C., Philadelphia and Atlanta, where it has an established presence of protocol-adopted hospitals. Such hospitals are trained on using the VeriMed reader and database and have adopted the VeriMed Patient Identification System as standard protocol in their emergency rooms in the event a patient presents unconscious or non-communicative. The company believes this program will enhance sales to patients by eliminating the $200 direct payment at the physician's office, and will provide the company with a sooner-than-expected recurring revenue stream. VeriChip also reported that more than 90 Alzheimer's patients and caregivers received the VeriMed RFID implantable microchip last week at the official launch of the VeriMed Patient Identification Project with Alzheimer's Community Care, and the company expects to complete enrollment for the two-year, 200 patient study ahead of schedule. Dr. Joseph Feldman, Chairman of Emergency/Trauma at Hackensack University Medical Center, discussed the benefits of the VeriMed Patient Identification System in a pre-recorded segment featured in a recorded segment on CBS' The Early Show on Wednesday, September 5, along with an interview with Molly Phillips of the MOLLY Foundation for Diabetes Research. Additionally, on Sunday, September 9, at 11:00 p.m. EDT, the MythBusters team debunks the myth that the VeriMed microchip is not safe to use with magnetic resonance imaging machines. One of the hosts of MythBusters, a Discovery Channel program that tests the validity of various rumors and urban legends in popular culture, also volunteers to get a VeriMed microchip on camera. Shares ended the week at $5.62, down 28 cents.
Pressure BioSciences, Inc. (NASDAQ: PBIO), a company focused on the development of a novel, enabling technology called Pressure Cycling Technology (PCT), reported last week it has received approval to CE Mark the Barocycler NEP2320, a patent-pending, lightweight, compressed air driven PCT instrument. Originally designed to be a to be a demonstration unit for the larger Barocycler NEP3229, the system weighs 75 pounds versus the NEP3229's 375 pounds, and processes one sample at a time instead of three. The CE Mark is a mandatory European marking for certain products to indicate conformity with the essential health, safety, and environmental requirements detailed in European Directives, and means the product can be marketed to all countries in the E.U. The company also announced it has received a CB Scheme Test Certificate and Report indicating that the Barocycler NEP2320 has been found in compliance with the IEC 61010-1 international standards. Over the next six weeks, Pressure BioSciences plans to meet with its current distributors in France and Japan, and with potential distributors in Germany, Australia, and South Korea, all of whom have been anxiously awaiting the approvals. The company also plans to immediately seek other distributors, primarily in Europe and Asia. Shares ended the week at $4.10, up 15 cents.
RXi Pharmaceuticals Corporation, a subsidiary of CytRx Corporation (NASDAQ: CYTR), a biopharmaceutical research and development company, last week announced the grant of an Australian patent issued to the University of Massachusetts Medical School, covering production of small interfering RNA (siRNA) molecules and their use in methods for inducing RNA interference of a target gene in mammalian cells in vivo. RXi has an exclusive license to this patent for specific therapeutic fields and gene targets, which include indications for AIDS, ALS, diabetes, and obesity. This patent offers RXi Pharmaceutical offers broad coverage and leverage in the field of RNAi therapeutics, and strengthens the company's intellectual property portfolio. Shares ended the week at $3.41, down 21 cents.
Digital Angel Corporation (AMEX: DOC), a technology company engaged in the development, manufacture, and marketing of visual and electronic identification tags and implantable radio frequency identification (RFID) microchips, last week announced that the United States Department of Agriculture (USDA) approved the company's LifeChip equine RFID injectable transponder for use as part of the National Animal Identification System (NAIS). The LifeChip microchip is the first of its kind to receive USDA approval, and gives owners, breeders, trainers and veterinarians the ability to positively identify the horse as well as check its temperature. It can also be used to provide proof of ownership in the event that a horse is lost or stolen, as well as identify horses involved in breeding operations, competitive sports, and international and domestic travel, a potentially huge market. NAIS is a voluntary program designed to trace animals back to farms and ranches in the case of a disease outbreak or other animal emergencies, and is operated by states, industry producers and the USDA. Shares ended the week at $1.60, up six cents.
In a jittery market, where financings of all types have become increasingly difficult to complete, Advanced Cell Technology, Inc. (OTCBB: ACTC), a company applying stem cell technology in the emerging field of regenerative medicine, bucked the trend last week by completing a private placement with institutional and other accredited investors resulting in gross proceeds of $10 million. The company intends to use the proceeds of the offering towards the further development of the company's clinical programs, including cardiovascular disease and regenerative retinal disorders. The funds will also be used to finance certain costs related to its recently announced plans to acquire Mytogen, Inc., and for general corporate purposes. The funding removes a significant near-term risk for investors, as the company now has the funding in place to take its promising clinical programs into the clinic. Shares ended the week at $0.29, down six cents.
Auriga Laboratories, Inc. (OTCBB: ARGA), a specialty pharmaceutical company with products for the treatment of acute respiratory diseases and dermatological conditions, announced last week the launch of Xyralid Cream, a convenience kit that also contains Clere, a soap free cleanser. Xyralid Cream, which is indicated for anti-inflammatory anesthetic relief of pruritus, eczema, abrasions, minor burns, insect bites, hemorrhoids, anal fissures and similar conditions of the skin, is the third product in the Xyralid franchise being marketed by Auriga's ATS pharmaceutical division, joining Xyralid RC, and Xyralid LP Lotion. Auriga also reported last week that Andrew Shales, Auriga's COO and Alan Roberts, Chief Scientific Officer, have terminated their pre-arranged stock trading plans effective immediately. Last week the company announced that its CEO, Philip S. Pesin, had also terminated his stock trading plan and will no longer be selling any stock after the planned third quarter sales. Shares ended the week at $0.70, down seven cents.
Calypte Biomedical Corporation (OTCBB: CBMC), medical diagnostic tests manufacturer for the rapid detection of antibodies to the human immunodeficiency virus (HIV), last week announced that it had established a branch office in Dubai, United Arab Emirates, as the company's regional focal point for its Middle East and Northern Africa operations. As a gateway to over 1.5 billion people in the region, Calypte's diagnostic products should have a substantial market in the region as more and more governments, and non-government organizations, allocate significant funds in the ever-continuing battle against the AIDS/HIV epidemic. The company believes that use of non-invasive diagnostic tests, such as its Aware HIV-1/2 OMT (oral fluid) rapid test, will encourage more testing, leading to more treatment. Calypte recently announced it has provided 10,000 Aware tests to the Kenyan National AIDS and STD Control Program of the Ministry of Health, to be made available for public use. Shares ended the week at $0.13, unchanged.
Volume Alert: Shares of Ceragenix Pharmaceuticals, Inc. (OTCBB: CGXP), a biopharmaceutical company focused on infectious disease and dermatology, traded over 4.4 times average volume last week as speculation continues to increase that the company could announce a licensing deal for Epiceram, a prescription only product intended for use to treat dry skin conditions and to manage and relieve the burning and itching associated with various types of dermatoses including atopic dermatitis (eczema), irritant contact dermatitis, and radiation dermatitis. In April 2006, Ceragenix received marketing clearance from the FDA to sell EpiCeram as a medical device pursuant to a 510(k) filing. Unlike steroids and immunomodulators, both of which have well recognized undesirable side effects and usage restrictions, EpiCeram's non-steroidal formulation has a favorable safety profile and does not have the duration of use restrictions or pediatric patient age restrictions of these other classes of prescription products. Immunomodulator drugs used for treating atopic dermatitis recently received a black box safety warning from the FDA. Shares ended the week at $1.35, up 10 cents.
Volume Alert: Shares of VoIP, Inc. (OTCBB: VOIC), a provider of turnkey Voice over Internet Protocol communications solutions for service providers, traded over 3.5 times average volume last week after reporting that revenue for the month of August, 2007 from its continuing Caerus (VoiceOne network services) business, increased approximately 12% from July to over $1.0 million, primarily due to increased utilization of the company's network, and improved margins. The company also expects improved operating results, continuing the trend of the last few months, and combined with the strong start the company sees for the month of September, reiterated its goal of being cash-flow positive by the fourth quarter. Shares ended the week at $1.28, up 12 cents.
Collexis Holdings, Inc. (OTCBB: CLXS), a global knowledge discovery company, last week reported that it has reached an agreement with Mayo Clinic Libraries to launch its Expert Profiles System as a pilot project. The Collexis software creates profiles of text, such as web pages, internal documents, and e-mails, and the key ideas or concepts in those texts is presented in a format known as the Collexis Fingerprint. This provides a level of data mining that is much deeper and far more robust than traditional keyword searching. For the first phase of the Expert Profiles System pilot, 10 years of publications authored by 250 of the more than 3,000 Mayo Clinic researchers and clinicians will be "fingerprinted." The data extracted will help identify domain experts in specific biomedical disciplines, and will provide researchers with a tool that supports discovery and collaboration. The Mayo Clinic Libraries joins other Collexis clients such as Johns Hopkins University, Merck & Co., Inc., Bristol-Myers Squibb, Lockheed Martin, the World Health Organization, and the National Institutes of Health in utilizing this ingenious tool. Shares ended the week at $2.90, down 60 cents.
IceWEB Inc. (OTCBB: IWEB), a software services provider, last week reported that the company has received a $945,203 contract award from a Department of Defense agency to provide Network Anomaly Detection. This network behavior analysis system will allow the DoD to monitor the network for unusual activity, as well as network performance, and quickly pinpoint active security threats. This contract is indicative of IceWEB's growing market share in the network infrastructure security solutions industry. Shares ended the week at $0.60, down four cents.
Volume Alert: Shares of Neutron Enterprises, Inc. (OTCBB: NTRN), a developer of digital media solutions, traded over 7.6 times average volume last week as the company announced the results of the second beta version of its contest site wallstreetsurvivor.com, an innovative stock market competition. Wall Street Survivor is Neutron's first consumer-based game, offering contestants the opportunity to test their stock picking prowess, and features cash and other prizes. Total contest participants increased by 407%, the total number of trades executed increased 169%, indicating a high level of participation, and the total number of visitors to the contest site increased to approximately 187,000, up more than 2500% from the previous contest. The total number of page views rose by 461%, and minutes per user visit spent on the site increased by 12% to an average of 13.47. These impressive figures are even more significant considering the company's limited marketing allowance. Neutron also said that overall performance and integrity of its trade execution platform has not suffered the irregularities experienced by other simulation environments. The company recently launched a third contest, which will run through to the end of September. Shares ended the week at $0.63, up three cents.
ProLink Holdings Corp. (OTCBB: PLKH), the world's leading provider of GPS golf-course management systems and on-course advertising, last week announced The Golf Club of The Wharf (Gulf Shores, Ala.) now features the ProLink Solutions GPS system. The club underwent extensive renovation in 2005-06, lengthening the par-71 course by 300 yards and adding numerous water features, bunkers and enhanced fairways. The ProLink GPS system will help golfers quickly familiarize themselves with the changes to the course, as well as provide other features, like distance to the pin and hazards, pro tips, pace-of-play timer, and the ability to order from and beverages directly from their cart. The Golf Club at The Wharf now uses the same system found at other popular Arizona courses, such as Soldiers Creek at Woerner Preserve Resort in Elberta, Peninsula Golf Club in Gulf Shores and Ol' Colony Golf Complex in Tuscaloosa. Shares ended the week at $0.68, down 17 cents.
On The Wires: i2Telecom International, Inc. (OTCBB: ITUI), a developer of ultra-portable high quality Voice-over-Internet Protocol products and services, announced that Monty Bannerman has joined the Company's Board as an Independent Director. Mr. Bannerman has over 30 years experience in nearly all sectors of the telecommunications industry. CytRx Corporation (NASDAQ: CYTR), a biopharmaceutical research and development company, reported that the CFO of its RXi Pharmaceuticals subsidiary, James Warren, has left the company to pursue other opportunities, and will be replaced by Stephen J. DiPalma, most recently co-founder, president and chief executive of medical company Catalyst Oncology Inc.
SPECIAL SITUATIONS:
Halcyon Jets Holdings, Inc. (OTCBB: HJHO) $2.22
Anyone who travels by air regularly knows the frustration of traveling and will do most anything to avoid the many headaches that come with flying. Heavy traffic to and from busy metropolitan airports, long check-in and security checkpoint lines, flight delays, and missing baggage are just a few of the problems air travelers have become to know all too well. Adding to the stress of modern air travel is the inconvenience of having to schedule meetings, meals, taxis, and lodging around the existing, and often untimely flight schedules offered by the major airlines. Combine that with the recent computer glitches suffered by major airlines, which in some cases had passengers stuck on the ground, in the airplane, for as long as thirteen hours, while causing other flights to be cancelled completely, and you have a recipe for success for any company that can offer a solution to such a frustrating environment. Halcyon Jets Holdings, Inc. is providing the solution to all these worries, and more.
Headquartered in New York City, and with additional sales offices in Boca Raton, Florida, and Beverly Hills, California, Halcyon is an on-demand aircraft charter brokerage that offers its customers with convenient, comfortable, and safe private jet travel options. People pay top dollar for time. By giving customers the ability to choose the size of the aircraft, along with their flight times, offering no-hassle general aviation check-in, gourmet meals, concierge service and other amenities, Halcyon is poised to take advantage of the inconveniences and shortfalls of post-September 11 modern air traffic. The management team includes an executive from Blue Star, a leading provider of private jet services. The company's Board of Directors includes film director "Spike" Lee.
Halcyon believes that the same factors that have fueled demand for fractional interests in aircraft and the growth of that business will continue to fuel demand for brokered air transportation services. Fractional shares of aircraft increased 62% from 2000 to 2003, primarily due to heightened security concerns. Aircraft manufacturer Rolls Royce predicts that fractional aircraft will account for 23% of its aircraft demand in 2012, and some experts believe that only a small portion of this business has been tapped. Improvements in technology, safety, and fuel consumption for business class aircraft in recent years has also helped drive the increase in passenger miles flown on private jets, as well as passenger contempt for the impersonal terminals and service at large commercial airports.
Halcyon has established rigorous criteria for suitability of aircraft owner/operators used by the company, including the ability to offer almost any type of top of the line aircraft, and the ability to reach thousands of airports beyond the large commercial ones. The company only partners with owner/operators who are Part 135 FAA Air Certificate compliant, signaling the highest levels of pilot training and credentials.
Although smaller and younger than most of its competitors, Halcyon Jets Holdings differentiates itself through the quality and completeness of its services, such as hospitality (on the ground and in the air), ground transportation, catering and concierge services. The company does offer Jet Card services, like some of its competition, but Halcyon Cards are sold by dollar amounts, not hours, giving the customer even greater flexibility.
While most investors don't have the opportunity to participate in a hot IPO, Halcyon, which went public Thursday via a reverse merger, gives investors the ability to participate in a newly public company. With an expanding customer base and an experienced management team, Halcyon might not fly below the radar of Wall Street for much longer.
A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO ITS OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. This publication accepts compensation from companies that it features. This newsletter should not be regarded as an independent publication. Our editors may, from time to time, acquire positions in the companies that they cover. This could represent a conflict of interest. The CEOcast newsletter shall be under no obligation to inform readers about its trading activities. CEOcast's editors reserve the right to buy or sell shares in these companies at any time. The following companies, featured in this newsletter, have compensated CEOcast: Access Pharmaceuticals, seven thousand five hundred dollars per month and eight thousand seven hundred twenty shares of stock for a six-month program, Advanced Cell Technologies, fifteen thousand dollars per month, Auriga Laboratories, seven thousand five hundred dollars per month and ninety thousand shares of stock for a one-year program, Calypte Biomedical, seven thousand five hundred dollars per month and five hundred sixty two thousand shares of stock for a six-month agreement, Ceragenix Corporation, seven thousand five hundred dollars per month and fifty thousand shares of stock; CEOcast received fifty thousand shares of stock from a previous agreement, VeriChip Corporation, twelve thousand five hundred dollars per month, Collexis Holdings, twenty thousand dollars per month, CytRx, fifteen thousand dollars per month for a six-month program, Digital Angel Corporation, twelve thousand five hundred dollars per month, Enzo Biochem, seventeen thousand five hundred dollars per month, Home Solutions of America, editors of CEOcast have purchased approximately one million nine hundred thousand shares, Hythiam, ten thousand dollars per month and sixteen thousand five hundred shares of stock for a one-year program; CEOcast received sixty-six thousand shares from previous agreements; editors of CEOcast have purchased approximately one million four hundred twenty-five thousand shares of the company's stock, i2 Telecom, seven thousand five hundred dollars per month and one million shares of stock for a one-year program, IceWEB, Inc., ten thousand dollars per month and two hundred thousand shares of stock for a six month program, Neutron Enterprises, seven thousand five hundred dollars per month and fifty thousand shares of stock for a six-month agreement, Pressure Biosciences, twelve thousand five hundred dollars per month, ProLink, seven thousand five hundred dollars per month and one hundred eighty five thousand shares of stock for a one year program, Telkonet, ten thousand dollars per month and one hundred thousand shares of stock for a one-year program, VoIP, Inc. ten thousand dollars per month and three hundred fifty thousand shares of stock for a one-year program, Halcyon Jets, fifteen thousand dollars per month and two hundred thousand shares of stock for a one-year program.
what's your problem.u have always been so pro tko & readily imparted any info u may have had. now u want to clam up. makes no sense.
Walrus--
it is a shame that you will not post any longer. I appreciate all the info that you add to this board. I know that there have been idiots that have not spoken to you very nicely but you shouldn't let that stop you from posting. If this is the last time that we are to hear from you, I just want to wish the best of everything and I hope that you had a great summer. I also hope that you played a lot of golf.
Take Care Walrus.
She asked about GE...hehehehe....funny that people still hoping for something from that relationship. And, Color you are right...you should be ecstatic that TKO is trading in the $1.60s. It has been an amazing few years for TKO. The returns for long term bag holders have been rewarded with a swift kick to the groin. Now huge holders of a million shares are jumping out at a loss only to be replaced by another holder of a million shares already losing. Wonderful company you have here.
By the way, I have never been wrong on TKO...Under $1.20 by November 1st...Happy Halloween
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ABOUT TELKONET
Telkonet (AMEX: TKOI), founded in 1999 and headquartered in Germantown, Maryland, is a leading technology systems application developer of innovative powerline communications (PLC) solutions for the commercial and government markets, establishing a range of patented award-winning systems. Telkonet’s PLC solutions are marketed and sold by resellers throughout the United States, Canada, Europe and Latin America.
The Telkonet iWire System™ delivers wired and wireless broadband network access that is simple and cost-effective to deploy, with secure and reliable connectivity at every electrical outlet. The solution is ideal for any type of commercial building, regardless of the type, age of number of buildings. Telkonet’s leading-edge technology is deployed around the world.
COMPANY WEBSITE
http://www.telkonet.com/
Telkonet, Inc.
20374 Seneca Meadows Parkway
Germantown, MD 20876
Phone: 12409121800
Fax: 14108971144
Sector: Technology
Industry: Communications Equipment
Telkonet’s patented powerline communications (PLC) systems – the Telkonet iWire System and next generation 200 Mbps Telkonet Series 5 – use a building’s existing internal electrical wiring to enable Internet connectivity throughout an entire building, converting electrical outlets into high-speed data ports. This is an ideal solution for properties that are not wired with CAT-5 or where CAT-5 is cost-prohibitive.
The EthoStream Gateway Server (EGS) product line of gateway devices, which are developed in-house, deliver wired or wireless high-speed Internet access, integrating easily with any combination of WAN connections. The EGS products range from a cost-effective gateway for limited use applications to a feature-rich, dual-WAN, scalable gateway for full-service properties.
Telkonet’s energy management systems, Telkonet SmartEnergy (TSE) and Networked Telkonet SmartEnergy (NTSE), reduce in-room energy consumption by controlling heating, ventilation and air conditioning (HVAC) usage based on occupancy. By eliminating unnecessary heating and cooling of vacant rooms, TSE typically reduces energy consumption by 30% or greater.
Telkonet’s proactive support center brings quality of service to a new level with its dedicated, in-house employees, 24/7/365 support, and integrated proactive monitoring and management tools that put property management in control. By integrating the EthoStream Gateway Server and the web-based Telkonet CENTRAL, our in-house support team has real-time visibility into a property’s HSIA usage and data, as well as ISP status.
Telkonet SmartEnergy™ (TSE) controls HVAC usage and improves energy efficiency by adjusting and maintaining a room’s temperature based on occupancy, using a combination of occupancy sensors, intelligent programmable thermostats or packaged terminal air conditioner (PTAC) controllers. TSE eliminates wasteful heating and cooling of vacant rooms without compromising an occupant’s comfort based on our patented Recovery Time™ technology.
Building on the proven capabilities of the TSE system and incorporating Telkonet's unique Recovery Time™ technology, our new Networked Telkonet SmartEnergy (NTSE) advances intelligent HVAC building control with a flexible, resilient and low-cost energy management platform. NTSE utilizes a ZigBee wireless IEE802.15.4 “mesh” network, where each device functions as a wireless repeater and enables energy management thermostats to communicate with each other and aggregate communications up to a single master NTSE Gateway Server on site. NTSE enables central control without needing expensive back-haul wiring. Its key monitoring and analysis features ensure optimum energy savings, giving property owners the tools to identify and implement energy savings, providing total visibility and detailed data about a property's HVAC system and its energy consumption, together with real-time, instant remote management capabilities.
Key features and benefits of NTSE
Telkonet’s proprietary, patented powerline communications (PLC) products harness a building’s internal electrical wiring to form an IP network, turning power outlets into data ports, while leaving the electrical functionality unaffected. Telkonet’s PLC systems – the Telkonet iWire System and the 200 Mbps Telkonet Series 5 – represent a quick, economical, and non-disruptive way to achieve high-speed Internet connectivity throughout a building. Telkonet’s PLC systems offer the hard-wired security and reliability of a CAT-5 cabled network, but without the cost, physical disturbance and business disruption of wiring CAT-5. For properties looking to provide wireless coverage, Telkonet’s systems can be used to feed WiFi access points, which can be connected quickly and simply to any power outlet.
Series 5 Comparison “With 209 sites and limited numbers of IT technicians, we needed a reliable, plug-and-play system that was easy to install, maintain and operate. With Telkonet’s solution, we demonstrated that our own IT staff and contract electricians could install the system…”
Steve Custer, Supervisor CCTV/LAN Networking and A.V. Repair, Hillsborough County School District (SDHC)
Telkonet iWire System
The Telkonet iWire System is a robust networking platform that protects your investment by providing for today’s technologies and expanding for future technologies and applications, with many key benefits.
Low cost – Significantly less expensive than rewiring a building
Quick installation – Completed from hours to days, without construction or disruption
Secure – Data is encrypted and secure from outside intrusion
Hybrid – Delivers wired, wireless or a hybrid solution
Reliable – Patented PLC technology for continuous network connectivity
Scalable – Add users by adding more Telkonet iBridge units
Convenient – Network access at every electrical outlet in every room
Flexible – Supports any device or application using Internet Protocol
Robust – Remote monitoring and management
Compliant – FCC Part 15, UL60950 Listed, and CE approval
Plug-and-play – Easy to connect to the Internet without drivers or software
Applications supported by Telkonet’s PLC system include, but are not limited to: HSIA, local area networking, VoIP phones, video conferencing, closed circuit security surveillance, digital signage, substation monitoring and a host of other information services.
The Telkonet iWire System is used by a wide variety of customers, including:
PLC Product Components
Telkonet’s systems comprise a set of compact building blocks – the Telkonet Gateway, which connects via a router to the site’s external broadband feed, and a Telkonet Coupler that interfaces with a building’s electrical distribution panel. A further unit, the Telkonet eXtender™, can be connected to the Telkonet Coupler to provide additional reach for multi-building sites. To access the Internet, a user simply connects their laptop into a Telkonet iBridge unit.
Telkonet Gateway™ | The "brain" of the system, the Telkonet Gateway converts IP connections to a PLC signal and distributes PLC to the Telkonet Coupler. Through a web or CLI interface, the Telkonet Gateway allows management and configuration of the other Telkonet components. Each Telkonet Gateway supports up to 63 Telkonet eXtenders, 1,023 Telkonet iBridges (users) and up to 4,096 Ethernet endpoints. | |
Telkonet Couplers | The Telkonet Coupler takes the PLC signal from the Telkonet Gateway or Telkonet eXtender and injects that signal into the in-building electrical wiring. Installation of the Telkonet Coupler requires a licensed electrician to meet National Electric Code (NEC) and local electric code standards. Also comes in a model with integrated disconnect switch. | |
Telkonet eXtender™ | The Telkonet eXtender provides additional reach and scalability for networks that cannot be properly covered by a single Telkonet Gateway or multi-building environments. It can be used with wireless radio or wireline networks. | |
Telkonet iBridge™ | The Telkonet iBridge enables a user to connect a computer or IP device to the PLC network. It contains a "test" function to determine the PLC signal strength and has an RJ45 user port connection. |
Telkonet Series 5
Setting unprecedented performance levels for security, speed, QoS and capacity, the Telkonet Series 5 200 Mbps system takes PLC to a new level as a viable networking option for high performance, critical applications, including digital video surveillance, implementations in the utility substation environment, and harsh outdoor commercial installations. Telkonet Series 5 delivers a range of significant performance advances, including the following.
PLC Product Components
Telkonet’s systems comprise a set of compact building blocks – the Telkonet Gateway, which connects via a router to the site’s external broadband feed, and a Telkonet Coupler that interfaces with a building’s electrical distribution panel. A further unit, the Telkonet eXtender™, can be connected to the Telkonet Coupler to provide additional reach for multi-building sites. To access the Internet, a user simply connects their laptop into a Telkonet iBridge unit.
Telkonet Gateway™ – AG5 | The Telkonet Gateway is a remotely manageable network interface that converts Ethernet connections to a power line carrier signal and transmits the signal to the Telkonet Coupler. The Telkonet Gateway allows management and configuration of the Telkonet Series 5 via a web browser or Telnet command line interface. | |
Telkonet Couplers – MVC-200 and DPC-200 | The Telkonet Coupler is wired to the AC or DC low-voltage bus and connected to the Telkonet Gateway with a coaxial cable. The Telkonet Coupler takes the power line carrier signal from the Telkonet Gateway or Telkonet eXtender and injects the signal into the AC or DC electrical wiring. The Telkonet Coupler is also available with an integrated disconnect switch (coupler breaker). | |
Telkonet eXtender™ – AX5 | The Telkonet eXtender provides additional power line carrier signal reach and scalability for networks that cannot be covered by a single Telkonet Gateway. | |
Telkonet iBridge™ – AB5 | The Telkonet iBridge is wired to the AC or DC supply at each point requiring a communications interface. The Telkonet iBridge recovers the power line carrier signal and converts it back into an Ethernet or serial connection for the devices or applications. It contains a test function to determine the power line carrier signal strength. |
The EthoStream Gateway Server (EGS) product line of gateway devices deliver wired or wireless high-speed Internet access and a hybrid solution, integrating quickly and easily with any combination of WAN connections, including T1, DSL, cable modem, fiber and wireless connections. Our comprehensive range of turnkey, standards-compliant gateways meet the requirements of all major hospitality franchises and support a variety of applications, such as VoIP, printing from rooms, surveillance, and point-of-sale terminals.
We provide a complete line of related components, including wireless access points and bridges, Power-over-Ethernet devices, Ethernet switches, DSL equipment and digital video recorder (DVR) equipment, helping you to integrate all of the necessary products into a comprehensive solution.
EthoStream’s support center is directly integrated into the EthoStream Gateway Server and the web-based Telkonet CENTRAL, giving our dedicated, in-house support team and property management real-time visibility into a property’s HSIA usage and data, as well as ISP status. EthoStream leads the hospitality industry in providing innovative, standards-compliant customer solutions and support. Our proactive, responsive, knowledgeable customer support ensures guest satisfaction and retention.
EGS Product Comparison
The EthoStream Gateway Server line of gateway devices provides a simple all-in-one solution for Internet access within a commercial public-access network, while creating a productive work environment and end-user satisfaction.
“This (EthoStream’s Remote Management Console) is an invaluable tool, enabling us to access and monitor all our properties and Internet users from a single location. It is exactly this sort of innovation that puts EthoStream on a different level to other vendors, and is behind our selection of its technology as our preferred option”.
Jeff Henschel, Assistant VP of Technology, Destination Hotels & Resorts
EthoStream Gateway Servers are providing HSIA to more than 2,400 properties, servicing more than 1.9 million users per month, including:
Chairman of the Board
Warren V. "Pete" Musser, 81, has served as Telkonet's chairman of the board since January 2003. Mr. Musser has taken more than 50 companies public during his distinguished and successful career as an entrepreneur. He is currently the managing director of The Musser Group and chairman emeritus of Safeguard Scientifics, Inc. Mr. Musser's distinguished affiliations also included: director of CompuCom Systems, Inc., director of Internet Capital Group, Inc., vice chairman and director of Nutri/System, Inc., vice chairman and director of the Eastern Technology Council, chairman and director of Economics PA, and vice president of development at Cradle of Liberty Council, Boy Scouts of America. Mr. Musser received a BS degree in Industrial Engineering from Lehigh University.
President & Chief Executive Officer
Jason Tienor, 33, is the president and chief executive officer of Telkonet. As the former president and CEO of EthoStream, Mr. Tienor co-founded and grew the HSIA vendor to become one of the largest high-speed Internet providers to the hospitality industry in the nation. Prior to EthoStream, in 2000, Mr. Tienor was co-founder of a Milwaukee-based IT consulting firm. Mr. Tienor received a BBA in MIS and Marketing from the University of Wisconsin – Oshkosh and an MBA with an emphasis on Computer Science from Marquette University.
Chief Financial Officer
Rick Leimbach, 39, is the chief financial officer for Telkonet. Mr. Leimbach joined Telkonet in January 2004, and was appointed as vice president of finance in 2006, and then CFO in December 2007. Prior to Telkonet, from 2001 to 2004, he was the financial controller at UltraBridge, an applications solution provider, headquartered in Maryland. Mr. Leimbach joined the company at the start-up stage, tasked with building up the financial organization. From 1998 to 2001, Mr. Leimbach was corporate accounting manager at Snyder Communications, Inc. – a global organization focusing on design, development and implementation of value-added outsourced marketing services. Rick was involved with consolidating the group's extensive operations and working with the SEC. Mr. Leimbach held various positions within public accounting firms, including the Reznick Group and Wolpoff and Company in Maryland from 1991 to 1998. He holds a degree in Accounting from Towson University, Maryland.
Chief Operating Officer
Jeff Sobieski, 32, is the chief operating officer for Telkonet. From December 2007 to June 2008, Mr. Sobieski served as Telkonet’s executive vice president, energy management. Mr. Sobieski joined Telkonet in March 2007, following the acquisition of EthoStream, where he was CIO. As the former CIO of EthoStream, Mr. Sobieski co-founded and grew the HSIA vendor to become one of the largest high-speed Internet providers to the hospitality industry in the nation. Prior to EthoStream, in 2000, Mr. Sobieski was cofounder of Interactive SolutionZ, a Milwaukee-based IT consulting firm, and from this gained experience in the telecommunications and insurance industries. From 1998 to 2000, he was involved in consulting and system development projects, including the project lead on developing a new software package for GE Medical, and software tools development for North Western Mutual Insurance. Mr. Sobieski received a BS degree in Computer Science from the University of Wisconsin-Oshkosh and his MBA from Marquette University.
Vice President of Global Sales
Jeremy Griesbach, 34, is the vice president of global sales for Telkonet, joining the company in October 2007. Prior to Telkonet, from 2001 to 2007, Mr. Griesbach was the director of business development for a Midwest regional accounting firm, Virchow Krause, focusing on building the tax services group that specialized in state and local use tax, tax credit and incentives. From 1999 to 2001, Mr. Griesbach was business development manager for Metavante, a financial services and software support company. He holds a BS degree in Marketing from Upper Iowa State University.
Vice President of Hospitality Operations
Matt Koch, 31, is vice president of operations for Telkonet. Mr. Koch joined Telkonet in March 2007, following the acquisition of EthoStream, where he was a systems engineer from 2004 to 2007. Prior to EthoStream, from 1998 to 2000 and from 2001 to 2004, Mr. Koch was a system administrator for Geneva OnLine, a regional Internet service provider specializing in wireless broadband Internet access, managing system administration and integration for web hosting, billing systems, and workflow automation. In 2000, Mr. Koch was a system and network administrator consultant in the Silicon Valley for various companies, including Sun Microsystems, Uptilt, and SalesCenter.com, a web-based sales team automation system. He received a BS degree in Business Administration in Management Computer Systems from University of Wisconsin Whitewater.
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SHARES as of June 30,2007 per Q2
OUTSTANDING SHARES: 66,806,986 million
RESTRICTED SHARES: 56,932,926 million
FLOATS: 58,310,000 million
SHARES OWN BY INSTITUTIONAL:10.45%
HOLDERS AS OF 03/14/07////AS OF 9/1-07
Institutions 40 Holders 38 HOLDERS
Mutual Funds 21 Holders 19 HOLDERS
Other Major Holders 48 Holders
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