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Starboy. Look at who made that statment.
“....I think it’s pretty speculative and pretty far in the future." - Christopher Baugh, president of satellite market research firm Northern Sky Research
I try not to pay too much attention to what THE COMPETITION is saying. Why would the competition endorse an idea or business model that can drive them out of the business do to cost. NOTE WHO IS MAKING THAT STATMENT. AUTOMATICALLY THIS PERSON TO ME IS ONE SIDED AND NOT CREDITABLE.
Also i look at the timeframe that CEO and President stated not what the magazine said. It's more creditable that way. CEO and president of Globetel said August or September launch and tests, and that is the date that i am sticking too.
"We are planning to launch the first high-altitude flight in August or September, depending of approval by the FAA, and Flight Safety Control at Edwards Air Force Base." - Leigh Coleman, President of GlobeTel
http://www.wirelessiq.info/content/qa/20.html
Lowtrade is there a site that one can get trade sizes, number of average trades and volumes just like you illustrated ?
fivecents. Huff in India = Stored Value Cards
fivecents IMO Huff was recently in India to get stored value program in high gear after Miami switch was installed.
I am looking forward to core business store value cards to kick in those 30-40% margins with $250,000,000 revs showing up on our balance sheet by 2006. Yeepeeeeeeeeee.
"We will expand our Stored Value programs in Mexico, the Philippines and India, the three largest money remittance markets in the world.
We will begin expansion by adding calling card functionality to millions of debit cards in Mexico in the first half of 2005 and will repeat the process in India and the Philippines. We will also expand our prepaid calling services into new markets in the second half of 2005. A full telephony product line will be introduced in the first quarter of 2005 and launched in key markets by June 2005.
Our goal is to have 6 million Stored-Value cards and over 1 million MasterCard money remittance customers worldwide by 2006.
http://globetel.net/about/letter011005.html
By all means if it means that we get revs faster then it would be better IMO. I wish we would start with India and China due to populations size, sheer size of the land and lack of infrastucture there but margins would be higher in europe and usa do to economical status of people there.
P.S
I have watched on Disovery Channel that population of India will outgrow Chinas this decade.
doc and rock I hear but U.S and europe is better
Not that it matters or anything. Huff will do what he wants but for the conversation sake. I think it would be better for the company to start deployment of STRATS in developed countries like U.S and Europe then go to 3rd world countries. Money is in developed countries not in 3rd world countrtries. Laws are different there too. If you were to say China and India first then I would be jumping up and down. Here is what our new HotZone CEO said:
Q. Are you primarily targeting developing countries that are leapfrogging into wireless or are you focusing on North America or Europe?
"...We intend to do the same thing in the United States because we believe we have to get market share in the developed countries first and the developing countries will automatically follow. And they are -- we have installations in New Zealand, in South America, Puerto Rico, Haiti, Nigeria, Guam and more. We don't ignore the emerging market; we attend Latin American trade shows in particular. It's not that we focus only on developed markets, but you can make more money in developed countries if you are able to connect the customer cheaper than the incumbent carriers. And that's what we are able to do. Here in the United States and in Europe there is far more money available, so we are able to connect customers faster and better over the local loop, so it wouldn't make sense to ignore this market... The limitation is more on the side of production than the market.
http://pulse.tiaonline.org/article.cfm?id=173
Lowtrade great post. You're the man. I apprciate your input.
Any way you post a chart indicating your swing like you did before. If it is not too much trouble of course.
Doc80ca Bullish Morning Star has formed(Candle TA)
Most of us are simply looking at confirmation at this point and prediction at this point would be conjecture.
Doc here is bullish reversal pattern.
The last three candlesticks formed a Bullish Morning Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.
http://americanbulls.com/StockPage.asp?CompanyTicker=GTE&MarketTicker=AMEX&TYP=S
http://www.candlesticker.com/Cs02.asp
I know some of you do not like this site but i have been studing this site Candle TA and it has not failed me yet. Here is the proof:
"Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 06.02.2005 (6) days ago, when the stock price was 3.5300. Since then GTE has fallen -17.00% ."
I have found Candle sticks to be excelent TA and pattern predictor, but I think the catch is you have to wait until end of the day and in some cases few days before pattern is formed.
To learn Candle TA and start guessing next candle is the science and art.
Rocky what is the relationship of Hotzone wireless to WIMAN Inc.
besides the fact that Altvater was an CEO & CTO there.
Does Wiman still exist ? Were the patents transfered from WiMAN to Hotzone ?
He was CEO and CTO of WIMAN Holdings until 2003.
Ulrich Altvater holds several patents in the field of wireless communications.
P.S
Altvater is brilliant man. Yet another brilliant asset addition to GTE. Bob Jones and his crew is among those brilliant people. Sometimes i think people hired are better asset to the company then Huff.
http://pulse.tiaonline.org/article.cfm?id=173
Need some clarification on today's settlement.
I am new here and don't understand many complexities that PTSC is involved in. I notice that most of you are preety clued in. Would you please explain to me few things below since they are unclear and confusing to me. I am very interested in gettin in but i won't do it blindly.
1. How does today's settlement affect suite with Intel and other 5 manufactures, especially reffering to past core patent NOT new IGNITE. After this judgment what is in store for PTSC in regards to Intel case.
2. How can Moore make a deal with Intel and now make a deal with PTSC. That's a conflict of interest and i'm sure it's in his contract between Moore and Intel not to do this.
3. Isn't the other firm in charge of the whole portfolio now ?
Wouldn't that be considered lose for PTSC if other firm establishes managment and owner rights ? Isn't that the reason market reacted and sold on huge volume of 31 million.
That is 894% higher volume then avr.
4. What are the dates and timeline of other 5 lawsuite cases and Intel too ?
Please elaborates. Thank you in advance.
Juststocks you've not posted the link EOM
GOOG is overprice even for future EPS.
Well I'm not trying to bash but i will warn you guys. This looks to me like 90-ies dot com. Cramer was saying 450$ LOL...whatever.
VectorVest Stock Analysis of Google Inc as of 6/3/2005
Thank you for requesting an analysis of Google Inc from VectorVest. The ticker symbol for Google Inc is GOOG. GOOG is traded on the NASDAQ - (xO) and options are available for this stock
Analysis Summary
GOOG is overvalued compared to its Price of $280.26 per share, has somewhat above average safety, and is currently rated a Buy.
In-Depth Analysis
Business: Google Inc, (GOOG) provides a web based search engine through its Google.com website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
Price: GOOG closed on 6/3/2005 at $280.26 per share
Value: Value is a measure of a stock's current worth. GOOG has a current Value of $214.02 per share. Therefore, it is overvalued compared to its Price of $280.26 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.
RV (Relative Value): RV is an indicator of long-term price appreciation potential. GOOG has an RV of 1.50, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.
RS (Relative Safety): RS is an indicator of risk. GOOG has an RS rating of 1.13, which is good on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. GOOG has a Relative Timing rating of 1.67, which is excellent on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.
VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. GOOG has a VST rating of 1.46, which is excellent on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.
CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. GOOG has a CI rating of 1.72, which is excellent on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. GOOG has a forecasted Earnings Growth Rate of 37.00%, which VectorVest considers to be excellent. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (8.60%).
Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. GOOG has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.
Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position. GOOG has a Stop of $228.23 per share. This is $52.03 below GOOG's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.
EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. GOOG has a forecasted EPS of $5.69 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. GOOG has a P/E of 49.25. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 28.05. P/E is computed daily using the formula: P/E = Price/EPS.
EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. GOOG has an EY of 2.03 percent. This is below the current average of 3.55% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).
GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. GOOG has a GPE rating of 0.76. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 5.10%, the operative GPE ratio is 0.26. Therefore, GOOG may be considered to be undervalued.
DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. GOOG does not pay a dividend.
DY (Dividend Yield): DY reflects earnings per share as a percent of Price. GOOG does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.
DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. GOOG does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.
DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. GOOG does not pay a dividend, so it does not have a Dividend Growth rating .
YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. GOOG does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.
Open: GOOG opened trading at a price of $286.79 per share on 6/3/2005.
High: GOOG traded at a High price of $289.30 per share on 6/3/2005.
Low: GOOG traded at a Low price of $277.41 per share on 6/3/2005
Close: GOOG closed trading at price $280.26 per share on 6/3/2005. (Close is also called Price in the VectorVest system)
Range: Range reflects the difference between the High and Low prices for the day. GOOG traded with a range of $11.89 per share on 6/3/2005.
$Change: GOOG closed down 7.64 from the prior day's closing Price.
%PRC: GOOG's Price changed -2.65% from the prior day's closing price.
Volume: GOOG traded 18,768,100 shares on 6/3/2005.
AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. GOOG has an AvgVol of 11,583,100 shares traded per day.
%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100. GOOG had a %Vol of 62.03% on 6/3/2005
Sales: GOOG has annual sales of $3,794,000,000
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. GOOG has a Sales Growth of 92.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.
Sales Per Share (SPS): GOOG has annual sales of $14.21 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
Price to Sales Ratio (P/S): GOOG has a P/S of 19.72. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.
Shares: GOOG has 266,000,000 shares of stock outstanding.
Market Capitalization: GOOG has a Market Capitalization of $74,807,000,000. Market Capitalization is calculated by multiplying price times shares outstanding.
Industry Group: GOOG has been assigned to the Internet (Svc Provider) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Business Sector: GOOG has been assigned to the Internet Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.
Juststocks and Techbear great posts. One thing i would like to comment on is that IMO this stock trades exacly like it did on OTCBB. You even said it yourself that: "In my opinion, its because there is alot of accumulation going on, its dropped to accomodate" As far as I remember that has been the case on OTCBB as well. I don't mind violility and in fact was a little upset that when we went to amex we were trading kind of flat but then again I wouldn't like to see some dramatic drops in PPS as well. My defense mechanism against MMs is accumilate when they walk PPS down. They accumilate so do I. Like the old saying says. If you can't beat them join them. Then and only then you will win.
I have a question Juststocks. Where did you see that. Can you post a link to it: "Did you happen to notice who they said they are competing against? BELLS AND CABLE OPERATORS."
thanks
jfburk what is GTEL ?
Wait did you mean GTE ? LOL...just messing with you.
Great post. I will write down and keep reading this line in times of my uncertainty.
"GTEL is going to succeed or fail on performance, not speculation and certainly not publicity."
GTE oversold therfore good buy. IMO
http://stockcharts.com/def/servlet/SC.web?c=GTE,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iut!Ub14!Ua1...
Candle crossed over bolinger band therefor suggesting stock is oversold. Also RSI is at 35.4 which confims so as well. Look at the bolinger bands from the past. My strategy is always buy on oversold and sell on overbought. (on swing trades) I got some today, but wish it could have been lower. MMs always walk the price down before major news. We got piece of the news today. I called this news earlier today prior to news. I expect more to come this week, perhaps wednsday. Also notice 5 red candles in a row. Very unusual and my call is it won't happen tommorow.IMO. This stock behaves exacly the same as it was on OTCBB. No difference besides R/S valuation. AIMO.
P.S
What has happened to all TA gurus. It comes down to me doing mediocre TA...LOL...please stop me...LOL
All of this is only my opinion.
LOWTRADE, TECHBEAR, JUSTSTOCKS TA ?
I have not heared anything from the top dogs of TA !!
Guys what's the deal ? Why so quite !! Bearly any post.
Would you post some opinions on latest price movements please.
Stop-loss order is permission to be defrauded.
"implying that setting stop losses is stupid is simply irresponsible and unwarranted. Setting a stop loss is basic tading 101. Protecting an investment is the smart and right thing to do"
By creating stop-loss order you are giving away your shares to Market Makers at their discretion and their price. I am not going to write about MMs work since it's been mentioned here multiple times and you are wrong my friend about protecting your investment. In theory it make look like that to you but in reality MMs the sharks of the water will take your shares like taking candy from a baby. If you disagree find some post here about how Market Maker work and if you do not understand that then too bad.
Rocky I was trying to point out that acquired companies accepting shares as payment for ~95% of assets then our risk comparing to those companies are drop in a bucket.
350k is nothing on 70MM revenes/year wouldn't you agree ?
Was i wright or what ? LOL
Not huge news but you get the idea how MMs work.
http://www.investorshub.com/boards/read_msg.asp?message_id=6585216
Globetel acquisition history:
GTE is a pacman. Keep eating them Mr. Pacman. Love the fact they aren’t paying cash for any acquisitions, just shares.
That’s a confidence booster. If companies take risk of accepting shares instead of cash at development stage that
should let you people know that your investment risk in this company is drop in the bucket. PERIOD.
2004 Consolidated Global Investments – carrier traffic (VoIP primarily) http://www.advantel.com.au/
2004 Sanswire Networks – Stratellite High altitude airship. http://www.sanswire.com/
2005 Hot zone wireless – Wi-Max wireless technologies http://www.hotzonewireless.net.
If I forgot something let me know. Any thoughts on acquisitions of other suppliers like solar film etc etc ?
Where is Lowtrade ?
Got my order filled at $3.05. Thank you whomever sold it to me. Low was 2.52 (0.168) old...whow...someone is crazy to sell at that level. Must be good news on the way since MMs are accumilating shares. Major walk down only happens prior to good big news. Huge 138,000 order waiting to be filled on bid side at 2.80.
PEOPLE STOP USING STOP LOSS ORDERS. Don't you know that once you have that in the system MMs see it and if they see it fit will walk it down to pick them up. Use mental stop orders not electronic once.
U.S. District Judge Rules to Disqualify Patriot Scientific Corporation's Counsel and to Deny Witness Testimony
WHAT DOES THIS MEANS FOR THE COMPANY LAWSUITE. ANYBODY A LAWER ?
HAS THERE BEEN ANY OTHER UPDATES SINCE THEY FILLED FOR LAWSUITE AGAINST 6 COMPANIES INCLUDING INTEL ?
SAN DIEGO, Calif. -- March 9, 2005 -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC) announced today that United States District Judge Jeremy Fogel in the U.S. District Court for the Northern District of California, San Jose Division, issued an order on March 8, 2005 disqualifying Patriot's counsel, Beatie and Osborn LLP of New York and Bramson, Plutzik, Mahler & Birkhauser LLP of California, as well as denying Patriot's motion to allow the testimony of Willis E. Higgins, Esq. Patriot believes the order contains serious errors of fact and law and is considering various means for correcting the result.
In the meantime, during the time the motion was sub judice, Patriot obtained additional evidence that Russell H. Fish III was the sole inventor of the '336 patent and that statements by Fish and Higgins about communications between them are true. Patriot will move for reconsideration and review based upon factual and legal inconsistencies.
http://www.hawkassociates.com/patriot/patriotpr55.htm
Rocky and Bald eagleye thank you for explanations.
Bald eagleye I really hope that is the case and hopefully them being ex-NASA they can pull some strings. From what i saw on Access5 site NASA is in charge of FAA. NASA was on top of where FAA was under NASA. Rocky isn't that the case ?
Also bald eagleye what else Bob Jones would tell you. Yes sir we going to have some problems with FAA. Of course he is not going to say that. I hope you're not going to take offence to that. It's just common sense but i hope it won't be a problem.
August or September official timline for S1 launch
but i thought we didn't need FAA approval from Edwards !!!!
Do you have a definitive test launch date?
LC: We are planning to launch the first high-altitude flight in August or September, depending of approval by the FAA, and Flight Safety Control at Edwards Air Force Base.
http://www.wirelessiq.info/content/qa/20.html
just john TOS violation. You've reported.
take your personal attacks somewhere elses buddy.
You first attacked Rock and now you're taking attacking me with your statment
"If anyone had the power to cause this stock to take a dip it would be this man's incessant whining."
This being your second post on I-Hub i would suggest you read TOS here:
http://www.investorshub.com/boards/complex_terms.asp
constitutes a personal attack, which is defined as:
Posting harassing or otherwise objectionable content on another poster;
Calling another poster names or being vulgar;
Not staying on topic with the current investment discussion, but instead focusing on an individual poster;
P.S
I have more money invested in this company then you do buddy.
Hiding your head in the sand instead of addressing the issue is not my way of investing.
6/10 ? That's my birthday. Perhaps it will be birtday gift to me, however i don not own any shares yet. I want them at .07 not .15 LOL. Well we'll see what happens.
Great repost about PR problems with GTE
Kind of long but worth reading. What i bolded and underlined as you will see would be what i was frustrated with.
By: Annointed1
01 Jun 2005, 07:42 PM EDT
"PRESS RELEASE PROBLEMS. Today Tim Huff released a new PR about the move to Palmdale and perhaps not unexpectedly there has been considerable number of comments from RB regulars that (a) criticize the sophistication of the PR, or (b) point out some ambiguity in the information presented, or at least some confusion as to details, or (c) criticize those individuals who point out the perceived failings of the PR.
In the meantime, the objective fact is that the share price closed down, somewhat modestly, on the day of the PR release. Since many investors had been waiting expectantly for a PR release announcing the move to Palmdale (on the assumption that such news would have a positive effect on the share price), the underwhelming shareholder reaction to the PR and the decrease in the share price is at the very least disappointing. I say “at the least” because some may be annoyed or angered rather than merely annoyed, seeing the handling of this PR and its tepid reception as a wasted opportunity.
In my opinion (having been a shareholder now for 5 years and a committed “long” all that time), I think that there is some justification for being concerned about the lack of care and sophistication evidenced in the drafting of the Press Releases. More than once, a Press Release needed to be followed up by a subsequent Press Release in order to clarify some ambiguity or correct some error. More than once there have been grammatical or factual errors in the Releases (e.g. such as referring to the company’s symbol as GTEL rather than GTE, or failing to identify the parent company as Globetel rather than Sanswire). More than once, the effect of the Release (which one can assume was meant by the Company to convey positive information) was to depress the share price rather than stimulate it. More than once, the substance of the Release was criticized as “fluff’ rather than substance, and again the impact of the Release on the share price was either nil or negative.
This history suggests, to me at least. that the management of the company is plagued by an ongoing, uncorrected public/investor relations communication problem. Now perhaps others don’t see this as a significant problem, but I do. As I see it, the problem is many-sided: First, the “public” perception of the company, including sophisticated investors, is adversely affected by Press Releases that give the appearance of inept or unconsidered draftsmanship. The company’s image is diminished, to some degree by unprofessional Releases, and that cannot be helpful especially when a small company is struggling to get recognized as a serious player with a bright future. Second, Press Releases that aren’t well crafted and drafted with an eye to both factual accuracy and market impact do a disservice both to the company and to loyal long-term shareholders. Most of us, who are longs, have held the stock through thick and thin, over long periods of time, with the expectation that the company will ultimately prosper and that our investments will increase. We eagerly await the release of the next PR with the hopeful expectation that it will significantly propel the stock price upward. It is my opinion that the company’s management does a substantial disservice to the loyal shareholders by not crafting each Press Release with the utmost care in order to maximize its potential to advance the share price. I am not talking about hyping or manipulation, in the sense of manufacturing inaccurate information; what I am talking about is taking the time and effort to maximize the effectiveness of the Release.
I know that many company officers might take the position that their primary mission is to manage the operations of the company and that it should not be their concern to affect the stock’s market price. However, I think that is somewhat naïve, at best. Stock price is, or should be, a concern. Doing whatever is ethically possible to help support and increase the stock price is a legitimate concern of company management; after all, their actions in attempting to increase the share price of the company would in effect be attempting to increase the equity of the shareholders (the actual owners of the company). I personally think that company management ought to be concerned with increasing equity for the owners of the company whenever and however possible, within legal constraints. After all, increasing shareholder equity is a valid metric for evaluating the effectiveness of management. Moreover, doing whatever is possible ethically to help advance the stock price also benefits the company in the long run because by making the company’s shares more valuable, management increases the utility of those shares for acquisitions, expansion, financing and attracting new investors (and thus additional capital) who are lured by the escalating share price.
I apologize for being so long winded here, but I am getting a little frustrated by what I perceive as a somewhat “relaxed” management attitude when it comes to communicating the exciting story of our company in a way that would have a tangible effect on increasing the stock price. Many on this board have complained that there has been a lack of information released to the public, in an effective way (i.e. a way that is designed to help generate market excitement and thus help support or propel the stock price) that details all the various activities of the company – the progress of the Super Hubs, the credit card processing activities, the expansion of the VOIP business, the Magic Money card deployment, the Magic Phone, the strategic partnership with regional phone companies not to mention all of the potential excitement generating information regarding the Stratellite.
This is not meant to be a “bash” in any way. I am still fully committed to the company and have a hell of a lot of money on the line tied up here. I also believe that barring some unforeseen catastrophe the stock price will ultimately be much higher in the next few months, and I plan to stick around to benefit from that increase, but I am nonetheless a little miffed at what I see as missed opportunities to help move this stock price forward.
Mr. Huff – you have a lot of very loyal and very committed investors – they are a significant and very valuable resource of which you and the company should be very thankful and appreciative. It is not an easy thing to develop and maintain shareholder loyalty, but once you have earned that loyalty, I think that there is also a reciprocal obligation to do everything you possibly can to reward that shareholder loyalty and commitment. Respectfully, as a shareholder speaking just for myself, it is my opinion that you could best reward my loyalty and long term commitment by doing what you can to help move this stock price forward.
You seem to be doing and excellent job in strategically advancing the company’s operations (for that I am sure we are all thankful), unfortunately it is my assessment that you are not doing a very stellar job in “effectively” communicating the message of this company to the investment community. As a shareholder, my somewhat myopic test for the “effectiveness” of the job that the company has recently been doing in communicating information is the impact of the company’s communications on the stock price – by that measure, I think the recent string of Press Releases have been sadly “ineffective”.
Effective corporate communication to the investment community is both an art and a science. It is best left to those who are talented and skilled in such communication. I think that it has been amply demonstrated that much has been lacking in this department. Consequently, I urge you to make an important executive decision that will have a major beneficial impact on the fortunes of this company and its shareholders – as soon as possible obtain the best possible professional assistance to help create effective public relations and public communications for the company. If one of the ultimate objective of management is to have the investment community perceive Glotetel as a serious company with “billion dollar” potential, it’s time to stop issuing company communications that are more indicative of a second rate company.
Hoping to see you all at $15 per share or better." -Annointed1
One comment about this article.
I wish editors of these articles would do some proffreading.
As you see they reffered to Globetel as GTEL we changed the symbol. It is very misleading for new investors since when you type in GTEL in yahoo finance you will STILL GET Globetel with no volume trading company. Who would invest in company that has zero volume. Very missleading.
That link should say. Symbol has changed to GTE not list it.
We should address this with yahoo
http://finance.yahoo.com/q?s=gtel.ob
http://finance.yahoo.com/l?s=globetel&t=S&m=US
Space Daily Article
http://www.spacedaily.com/news/uav-05zu.html
Sanswire Networks Moves To Palmdale Ahead Of High Altitude Airship Launch
Sanswire plans to launch the Stratellite (pictured) from Edwards with help from the US Air Force and NASA later this summer.
Fort Lauderdale FL (SPX) Jun 01, 2005
GlobeTel Communication's wholly owned subsidiary, Sanswire Networks, announced Wednesday that it has finished its planned move from San Bernandino to Palmdale, California, in preparation for the Company's high altitude tests that are planned to be carried out later this year at Edward's Air Force Base in California.
Timothy Huff, CEO of GlobeTel stated, "We are very pleased with the progress that we have made with Sanswire One. We have successfully completed our planned tests in San Bernardino and now we finished our move to Palmdale, which borders the air space at Edwards Air Force Base, in preparation for our high altitude test of the Stratellite."
Sanswire plans to launch the Stratellite from Edwards with help from the US Air Force and NASA later this summer. These continued tests will be focused on the control systems, power systems and high altitude performance criteria.
The new facilities are approximately 80,000 square feet, which is approximately twice as large as our prior facility at San Bernandino.
Sanswire Networks is a wholly owned, privately held, subsidiary of GlobeTel Communications Corporation whose shares are publicly traded under the symbol GTEL.
A Stratellite is a high-altitude airship that when in place in the stratosphere (approximately 65,000 feet) will provide a stationary platform for transmitting various types of wireless communications services currently transmitted from cell towers and satellites. It is not a balloon or a blimp, but a high-altitude airship with a rigid structure.
The Stratellite is similar to a satellite in concept, but is stationed in the stratosphere rather than in orbit. Existing satellites provide easy "download" capabilities, but because of their high altitude are not practical for commercially viable "two-way" high-speed data communication.
The Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices.
Rocky and Bold eagleye thank you for your responses. I very much appriciate your time and input...really !!!
Rocky I understand and appricate what you are saying but some of the questions I was asking were addressing events as much as 1 year old. Also I will try to ask and if it is not in public domain then that is why i said this:
" but would you please answer my questions or perhaps address it in next shareholder’s letter with timelines provided to inform concerned investors like me."
"I am shareholder of Globetel stock and have few questions which perhaps you would be able to help me with.
If not so would you please let me know if it can or can not be addressed or when it would be addressed by management?
I was asking GTE to address the issues that have been annouced, some of them year old and have not been updated
but perhaps CEO can address it in next shareholder's letter which would be in public domain. Then it would be perfectly legal and appropriate.
Thank you again for your responses
Bald Eagleye thank you for positive reinforcement and I am positive but I still have very crucial questions that are unanswered by the company. If you would like to know which once just look at my previous posts. I did and do constantly study products, services and management .
Well I studied CEO's moves and press releases and few of the issues in previous PR's are unaddressed. That is why I ask questions and sent an email. There is nothing wrong with asking questions. If they fail to respond or in some period of time do not address this concerns then wouldn't you agree there is a problem somewhere within the company. Do not get me wrong I do not necessarily believe there is something wrong but I am anxious to get some answers for ME and everyone here SINCE IT'S BEEN A YEAR FOR SOME PRESS RELEASES WITHOUT ANY UPDATES. Year is a long time !!! If you are scratching you head what i am talking about look up my post about email to CEO. I was wrong about one thing. I should have NOT emailed CEO but investor's relations since IR answers where CEO does not and Rocky was wright about let the managment do their job however investor's relations is there to answer shareholder's questions where CEO is not. CEO may choose to but does not have to since that is what IR is for.
I refuse to put my head in the clouds and close my eyes on unanswered issues. Not sure why Rock is upset at me when I raise these questions. If anyone has an answer to my questions please post and it will shut me up and calm me down.
Go GTE.
Rock in my rebuttal
Rocky I respect you highly and I always am appreciative of your input on any issue since "you're the man" but I posted my opinion.
I will now answer each paragraph for you.
"I would urge everyone NOT to be e-mailing and DEMANDING anything."
I have not made a statement in my post asking people to email management. I have made a statement that I have emailed. It is up to each individual shareholder what their action will be. AIMO.
I would think as much as you complained before about time lines not being met you would let management do their job.
Globetel has public relations department and part of their job is to help shareholders in their questions.
Besides that management has delayed lunch 2 times already and have not provided updates to certain PR from past. I as a shareholder after few announced time lines that were broken AM going to ask questions since I do not want so called “Enron scandal”. It is time to put some pressure as investors on the company to deliver on their public announcements. All for ever once benefit. AIMO.
They will PR news when they are ready and update the shareholders if they see fit, they are not under any obligation to produce a "shareholder letter with updates".
Legally perhaps, however ethically they have an obligation as public company to update their shareholders. They are a public company and I own shares of public company. In a public company I as a shareholder demand performance. Do you demand performance from stock you own ? Ok don't ask questions if you don't want. Just remember ENRON ok ?? I for one will ask questions. You see my point here. !!! It is better to ask then to be sorry. Rocky sometimes you make me think that you are an insider of the company by taking the other side. AIMO.
Do you DEMAND these things with all stocks or just GTE?
Honestly No, but that is because I do not have my life savings in other companies where in this one I do. Different intensity and different ball game. Again it all depends on each individual investor. AIMO
We have all seen the e-mail you wrote several times, please do not use this board to promote and demand everyone do the same. thanks...rock
I do not promote anything besides free speech & press. I simply want people to be informed as much as they can be. People miss posts. Isn’t that the purpose of this board to keep all of us informed ? Did I violate any TOS ? Which one ?
Bottom line in my replay is that each individual investor will do as they please but I should have my right to post my opinion on this board as anyone else should as well. Guys do as you please but remember it’s better to ask questions then to be sorry later. Shareholders at ENRON have not and is that what you want ? I am on the same team as everyone here but maybe my stake in this company is much bigger then some and that is where the differences in demands and needs from the management of the company are from my perspective.
ASK QUESTIONS. DON’T BE SHEEPeople or Lemmings.
JUST MY OPINION. Hope I am not hated for stating my opinion here. Much respect Rocky.
SEBASS
Onestroke not necessarly waste of helium
Sanswire has posted on their website that they have:
"Proprietary Lifting Gas Technology" so perhaps they have mechanisms to fix this issue.
http://www.sanswire.com/stratellites.htm
I won't worry about things like that since that is hands of engneers and there is nothing i can do about it. It makes an interesting conversation. I however can keep asking about updates on production timelines and past annouced events. I would hope all us on this board demend this from company as shareholders. I have sent an email to Mr.Huff here if you would like to check it out. I urge everyone to keep demanding this from company as a shareholder as this is in our intrest. Hopefully if enought push it will be addressed in next CEO shareholdes letter. My 2 cents
http://www.investorshub.com/boards/read_msg.asp?message_id=6522410
Rocky reading your two posts together makes sense for me now. I have missed a post about Madrid registration. I can't read ever single post on this forum. Just not enought time for it. Thank you for reposting. In the future if you see me posting non-sense post please set me streight if you don't mind.
We intend to file for registration of the names "Stratellite" and "Sanswire".
We intend to file for patents covering unique design and intellectual property covering the design and engineering of the Stratellite, but will wait until these are finalized."
http://www.investorshub.com/boards/read_msg.asp?message_id=6556523
http://www.investorshub.com/boards/read_msg.asp?message_id=6567512
Wait how do you know we will be on Russell 2000 list ?
Vanman by all means I wish it would not get to that level however it did few times when you look at the chart and even lower. I try to capitalize on weakness of others and score good buy in prices. I am bummed a little about delays delays delays and if they try to delay from summer to end of year as few have mentioned you better believe it we will see mid $2.xx. I am not pessimist but realist.
I would not want that since my avr. is higher...lol but it's not in our control but managements. IMO Huff has a record of delaying things all the time which is aggravating the heck out of me because I borrowed some money from credit cards on 0% for a year so as you see my time frame is a year not more therefore my frustration. Maybe that's a little suicidal but hey i have faith in this company.
Here is chart with price ranges. By the way GTE can now be traded on margin as well.
http://stockcharts.com/def/servlet/SC.web?c=GTE,uu[w,a]daclyyay[db][pb50!b200!f][vc60][iut!Ub14!Ua12...
Rocky so in translation this means that Globetel will let Sanswire registration for trademark Stratellite expire (as they did) and then Globetel will file for registration of trademarks of Stratellite and Sanswire when it's complete.
Is my thinking correct ? What will prevent some other entity to register this trademark before Globetel. It's a race isn't it ? Same way we can register a website these days. If i was first to beat a company to the registration of let's say Globetel i would own that registration and domain. Am i missing something here in my thought process ?
Thank you for your help.
Just to clarify for others Forest that may not fully understand, this trademark application originated from the company that Globetel acquired. The company that applied for this trademark is not the subsidiary of Globetel and the loss of the "Stratellite" trademark is not related to Globetel. -doc80ca
this trademark application originated from the company that Globetel acquired.
Doc I think here you are referring to Stratodyne or whatever the company was called that original inventor Vern Koenig has started that later got bought by Sanswire. Yes that would be true however LOOK AGAIN AT THE TRADEMARK APPLICATION. The company that applied for trademark was none other then Sanswire division of Globetel. Maybe perhaps because Vern left the trademark had to be abandoned with Stratodyne and Sanswire legally perhaps could not use it. I hope we get some kind of explanation what is the next name for this technology. Rocky do you remember the post you posted regarding this ? Rocky any thoughts on this ?
http://tarr.uspto.gov/servlet/tarr?regser=serial&entry=78396359&action=Request+Status
LAST APPLICANT(S)/OWNER(S) OF RECORD
--------------------------------------------------------------------------------
1. sanswire technologies, inc.
Address:
sanswire technologies, inc.
3845 Pleasantdale Road
atlanta, GA 30340
United States
Legal Entity Type: Corporation
State or Country of Incorporation: Delaware
Phone Number: 770-409-9875
Fax Number: 770-234-5501
Willsimon
Ship is in pieces now. Not build. They shipped it in trucks to Palmdale. They have to rebuild the ship. Nevermind the 100,000 lost money on helium, tedlar etc etc.
However i placed an order for $3.05. We shall see.
Is that why we are hurting these days or is it cramer's show ?
I don't know bro. I just found a case number. I searched google but found 3 references. I think it's not published on net but i thought maybe somebody can look this up and report.
Stratellite name no longer
Perhaps different name.
http://tarr.uspto.gov/servlet/tarr?regser=serial&entry=78396359&action=Request+Status