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FSU, it's great to see you on the board, feel free to join us anytime for discussions, questions, or thoughts on any stock. Please also feel free to browse the ibox for current plays, and accumulations. Sign up for the PennyShac email list too, as very soon, we'll start sending picks to our members, exclusively before posting them on the ibox.
Last such pick. CNCW pink posted on ibox at .005 we bought at .005 today it's at .0078 x .008 and looking for more.
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aGoodChance2Win, sorry for the late reply. Was out of town.
ELEC a really nice chart, seems to produce higher lows, also seems to be approaching resistence, might want to watch closely.
ELEC Chart
BIGR nice chart as well, wondering if it will continue it's momentum, I know it's been getting a lot of "press" lately.
BIG Chart
AMHI, my personal opinion, I think it could come down a bit more here.
AMHI chart
AASP, you could see this in the .30's soon by looking at the chart.
AASP chart
TDFXQ pink, nice chart again, but watch the volume, it could continue up, but volume needs to be there.
TDFXQ chart
QBIK, really like the symbol for this company, anyways. Really nice volume lately, looking at the chart, there is no reason why it wouldn't continue upwards.
QBIK chart
PDGE, resistence approaching soon, watch for it to break that, before considering getting in.
PDGE Chart
Nice to see you here, I'll try my best to provide opinions, but please verify for yourself too, and feel free to ask others as well, if you get conflicting opinions, please let me know, I would love to learn of what others are saying, and take it as an opportunity to learn.
Boaz.
BIPH chart.
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More AANI information or DD from Shazam News.
Amedia Networks Inc (AANI)
2/23/05 Close .98
Amedia Networks, (AANI), a Holmdel, New-Jersey-based undiscovered emerging growth company designs, develops, and implements Ethernet solutions to the dynamic and rapidly growing Fiber-to-the-Premises (FTTP) broadband access market. The company's solutions are designed to provide secure, high performance, scalable and reliable customer premises, access aggregator, and central office products enabling high-speed Internet access, video applications, and Voice over Internet Protocol (VOIP) services (“triple-play”) to end-user customers (home or business) in a cost effective manner. AANI entered into a contractual agreement with Lucent Technologies in January 2004 to license and further develop state-of-the-art Ethernet Optical Networking products
The antiquated copper-based telephone company wire infrastructure was built to efficiently deliver “POTS” or “plain old fashioned telephone voice services. In the 1990’s, telecom companies invested heavily in fiber optic cables for long distance voice communication and digital data transmission. However, due to the high costs in laying “fiber”, most of the local carriers (RBOCs) did not invest in fiber optics from their serving central offices directly to the customer premises (i.e. homes or offices). FTTC or Fiber-To-The–Curb began bringing fiber optic cable within 100 feet of a home or building.
Currently, customers access the internet via slow “dial-up” service over traditional copper-based lines, or via high speed internet access via DSL or Cable (CATV). The major cable companies such as Time Warner Cable, Cox Communications, and Cablevision have spent an estimated $85 billion in the past eight years to connect digital pipes into their customers’ homes, delivering hundreds of cable channels, high definition television (HDTV) high speed internet and telephone service. As a result, the local phone companies have experienced substantial customer “churn” (IDC forecasts that 20 million customers will route phone calls through cable companies by 2008), and revenue declines (estimated at $15 billion from 2001-2004 by UBS Warburg).
Service providers such as cable (CATV) companies, and telephone companies, municipalities and new home builders need to satisfy the explosive consumer demand for video, data and voice services. The dramatic increase in internet usage by both individuals and business for commerce, entertainment, and research has resulted in a huge increase in traffic being transmitted over network lines. Moreover, with the growing popularity of multimedia applications such as HDTV (High Definition Television, which requires about 20Mbps) Internet gaming, movie downloading, music, and pay per view, voice communications, wireless communications, VOIP (bundled voice, internet, and data via internet lines) carriers are concerned that their current infrastructure will run out of capacity.
Plus, competition is providing incentives for bigger and better capabilities – and service bundling. Voice, Video, and Data (VOIP) “triple play” service bundle is destined to become the flagship offering of carriers to consumers. Triple- play revenues are expected to grow to $11.3 billion by 2007 according to the Gartner Group. Triple play services provide higher up selling opportunities and average $99-$200 per month per subscriber. Network and Service Providers also recognize the convenience to the customer of getting one bill, and the high cost of customer churn, and “triple-play” customers are 48% less likely to cancel their service compared to single service offerings. (According to America’s Network, August 1, 2004).
The optimum solution to stem the erosion experienced by the RBOC’s and to meet the insatiable broadband “triple-play’ demand is Fiber-To-The-Premises (FTTP), also known as Fiber-To-The-Home (FTTH). Costs have finally come down to that “magic” number where carriers can seriously contemplate such fiber-based deployments versus copper-based systems. . SBC Communications is spending more than $5 billion on fiber, and Verizon $3 billion in this year alone. The RBOC’s will need to spend more than $100 billion to overhaul the ancient copper wire network (source: New York Times)..
In 2004, the FTTP market doubled in size. As of May 2004, FTTP technology has been deployed by network providers and municipalities in 128 communities in 32 states. (according to the FTTH Council). Render, Vanderslice & Associates project that an estimated 10 million to 26 million homes will be passed by FTTP Systems in North America by 2008. KMI Research forecasts the total market for FTTP equipment to reach $3.2 billion by 2009. Today, any local exchange carrier or even inter-exchange carrier is clearly evaluating, if not deploying such systems. Cable companies also view them as a means to provide services to businesses. Power Utilities, the Federal Government, Municipalities and new home builders are evaluating or are already also deploying FTTP.
There are two broad families of FTTP systems in use today, and their deployment is currently roughly even divided. One type is generally called Passive Optical Network (PON), and uses a system of splitters to peel-off of a common shared fiber the bits destined for each premises so only 32 homes can be served from one fiber run. PON systems also have limited reach and can typically only extend about 20 km, cannot isolate information, users, or equipment faults (thus driving up maintenance costs and exposing users and content providers to theft. The other category uses a dedicated fiber to provide dedicated bandwidth to each premise. When standard Ethernet protocols are used, this category is called ESON, or Ethernet Switched Optical Network. ESON is the architecture used by Amedia. It provides 100Mbps in both directions, can extend up to 60km from the central office, can completely isolate information streams and remotely isolate and locate faults, thus lowering operational costs, reduce theft of service and increase system availability Microsoft, Cisco, Juniper, Polycom, just to name a few, are squarely in the Ethernet camp.
The competition has spent hundreds of millions of dollars on their technologies. Amedia’s core “state-of-the-art” QuoStream technology was developed by Bell Laboratories and a perpetual (exclusive for FTTP) license was acquired from Lucent Technologies’ Bell Laboratories (LU-NYSE) for just a paltry $4 million (plus a small sales royalty). Lucent spent in excess of $40 million on its’ development. AANI was also able to contract with Lucent for much of the development without carrying the high R&D expense. Amedia also has the right to market its products under the Lucent brand name. AANI is headquartered in a Lucent facility
Amedia has three hardware products, the PG1000 Premises Gateway, AS5000 Aggregation Switch(supports up to 48 homes from one fiber line), and the CS1200 Core Switch that are controlled by the QoStream Director which provides element and network management functions including fault isolation, configuration, inventory and accounting management. Collectively, the setup provided by Amedia is what makes up the Ethernet Switched Optical Network (ESON). The system is capable of providing up to 100 Mbps/subscriber over a 90km reach from a central office or head end. Its’ state-of-the-art switched Ethernet on an active optical network platform provides greater scalability, performance, reliability, security and network privacy. Its’ low-cost Ethernet chip design also provides strong cost/performance.
Consider downloading a 2 hour HD movie for later viewing. It would take: 26 days with 56kbps dial-up, 1 days with ISDN, 4hours at “advertised cable modem rates” of 10Mbps (and closer to 23 hours at the more likely scenario) and between 1.5 and 2 hours for PON, but only 25 minutes at 100Mbps – the speed of Amedia’s ESON systems.
With the system (three of the four hardware products) nearly completed, AANI has commenced an active marketing program. In October, 2004 it retained LB&T Partners Limited to assist the company in its’ marketing efforts, both in the U.S. and Europe. LB&T’s clients include leading equipment manufacturers, carriers, and service companies in both fixed and mobile telecommunications.
In November, 2004 the company entered into a non-exclusive, co-marketing agreement with Riverstone Networks, Inc. (RSTN.PK), a leading manufacturer of carrier-class routers for next generation metro Ethernet networks. Riverstone will integrate Amedia’s QoStream(TM) gateway technology at the premise with its’ ethernet routers to provide network providers with a carrier -grade FTTP solution for the delivery of triple-play to both business, residential, and government users. Amedia has also joined the Riverstone Ethernet Alliance Program.
AANI also recently entered into an agreement with LightSpeed Technologies, Inc., a well-known systems integrator of end-to-end optical networking solutions to distribute the QoStream™ family of products to its’ customer base, which includes service providers, utilities, financial institutions, and transportation firms, as well as other enterprise customers across the United States and Europe.
To penetrate the growing China market, and the Pacific Rim in general [(Asia will represent 45% of total global spending on FTTP and FTTN (Fiber-to-the-Node) systems equipment according to some industry estimates] AANI recently entered into a distribution agreement with Sichuan Jiuzhou Electric Group Co., Ltd (Jiuzhou) a leading Chinese company. Headquartered in Mianyang City, Sichuan, China Jiuzhou has over 30 sales and service locations throughout China, 5,200 employees, and sales volume approaching $250 million. For 14 years, it has retained the leading market position in China for CATV-related access products, and is currently well-positioned to become a leading provider of IP-TV solutions for the video industry. According to ChinaNex FieldCall, IP-TV users in China are projected to grow to 100 million by 2008, with associated revenue of 40 billion yuan (approximately US$4.8 billion). Jiuzhou has agreed to distribute the QoStream family of products in China, on a non-exclusive basis, as part of its solution for IP video as well as for data and Voice over IP (VoIP) services. In addition, they will build a Customer Showcase Lab at their headquarters to highlight and demonstrate Amedia's products.
Amedia has a very strong management team, consisting of telecom industry veterans. Amedia's CEO is Frank Galuppo, formerly, President of Lucent's Optical Networking Group, where he had worldwide responsibility for the development and marketing of Lucent's optical portfolio which had annual sales of over $1 billion. Other senior managers are also former Lucent employees: John Colton, Vice President of Engineering, held senior positions in Lucent's Optical Networking Group as well as in technical management and product management positions while at Bell Laboratories and AT&T Network Systems. Raj Varadarajan, Vice President of Business Operations and Product Management, with over 20 years of experience in telecom, serving in a number of technical and leadership positions at Lucent Technologies, NCR and AT&T. Bill Zakowski, serves as Vice President of Business Development. He was the former General Manger of the Long Haul DWDM division at Lucent Technologies and held several other product management and business development positions while at Lucent, as well as at AT&T and Bell Laboratories. Gary Feldman, Vice President of Marketing and Business Strategy, previously, was the Vice President of Strategy in Lucent Technology's Optical Networking Group, and had held multiple marketing, regulatory, and product management positions, both there and at AT&T.
The board directors also includes: Gerald Butters, a pioneer in the industry with more than 39 years of telecom experience. He formerly served as President of NTI (a Nortel Networks US subsidiary), Chairman of the Board of AGCS (a joint venture of GTE and AT&T), President of Lucent Technologies' Global Public Networks, and President of Lucent's North American Marketing, Sales and Services. While at Lucent, Butters formed the Optical Networking Group and became its first President. Dr. Bob Martin, who also serves as a Board Member held several key leadership positions at Lucent, culminating with his appointment as the Chief Technology Officer of Bell Laboratories. He has served on the National Research Council's Computer Science and Telecommunications Board and the FCC’s Technological Advisory Board.
In August, 2004, AANI raised $5.25 million through a private placement of its Preferred Stock to institutional and individual investors. The Series A Preferred Shares carry a 7% coupon rate, are convertible into common at $0.75 per share, and include two series of five-year warrants, one exercisable at $1.50 per share and the other at $2.50 per share. The company also secured an Equity Line of Credit from an institutional investor for an additional $6 million which it can draw upon from time to time over the next 24-months (but never more than $500,000 in any 30-day period) at 98% of the then current common stock price, but in no event at less than $2.00 per share. There are approximately 26.9 million fully-diluted shares, and about 18.5 million shares in the float. The company has no long-term debt.
After a run-up in the stock price to $2.00 in December 2004, from a 52-week low of $0.52 in April 2004, the stock price has recently declined by 50%, with the filing of the resale registration statement (see above), and its’ subsequent effectiveness which freed up the common stock (and the stock underlying the warrants) related to the August 2004 private placement. Thus, providing risk-oriented investors a major buying opportunity.
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YSTM chart
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AXAI chart
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CRII chart
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mastertoe, good to see you enjoying yourself and making some coin.
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yeah, he's alright.
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welcome to the board joye1, lovely chart.
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nice call Toshac.
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krznate, too much pop for you.
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PTSN chart, nice call Nate.
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PTSN NateMichaud call.
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that is awesome, this board is ahappenin.
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Let's get read to rumble, MLXO.
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yep, for sure, but what about the chart?
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PHXI .009 x .01 chart pony up.
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ty fastball.
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PHXI .009 x .01 chart pony up.
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not a problem sluggo, it is a really nice chart.
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excellent post eedlee, you are really fast becoming one of my favourite posters on Ihub. I like your style and humility.
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bring it Superjim, show some MLXO lovin.
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AANI for Annie
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AANI chart. sluggo, I think you meant AANI. The chart does look nice.
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ANNI
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ANNI
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eedlee, thank you, that is really kind of you.
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POPT popping.
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that .005 tough to get through.
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BLYC .0052 x .0053
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BLYC .005 x .0054
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BLYC .0046 x .0047
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BLYC .0046 x .0047
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DCUT chart
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Delphi23, great ibox. Best wishes to you and the rest of the holders of MUCL.
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SWYC .104 x .105
chart
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SWYC .104 x .105
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MLXO .09 x .095
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BLYC chart
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