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Here's the chart to go with that ECEC pitch:
http://host.wallstreetcity.com/wsc2/chart.html?0fval0=104&1fval0=216&1val0=216&1val1=20&...
M&M Man
Check this out. . .it came to me via email >>>>
Today's Featured Company is
eCOM eCOM.com Inc. (OTCBB: ECEC)
StockUpTicks is an electronic publication. We don't fax, snail mail, or use carrier pigeon to distribute our news and profiles. Suffice it to say; we know that our readers are exclusively using computers to read our newsletter.
That brilliant deduction by our editorial department leads us to a basic assumption: all of our readers are potentially in need of our featured company’s product.
We know this because today’s featured company offers a product that can dramatically enhance the way YOUR computer functions in a very specific area.
Ask yourself the following:
Have you ever sent a photo by e-mail -- baby pics, vacation, parties, etc.?
Has your email service ever bogged down or stalled due to file that was too big?
Have you checked lately how much space graphics files are taking up on your PC?
Are you or your company in need of higher quality, speedier photo delivery?
Digital cameras were among the hottest gift items this past holiday season and for good reason -- digital pics offer instant gratification for the picture taker, the subject, and anyone else who wishes to see them. No development time, no lines or drives to the photo hut…. just click and save and you're off. The advent of digital photography has been instrumental in the meteoric rise of eBay where thousands upon thousands of digital pics are used to enhance the sale of items… but they've got to be hosted on a PC somewhere and that takes space -- lots of it!
Enter ECOM ECOM (OTCBB: ECEC) and its DryIce™ TDE “COMPACTION” software. Our readers undoubtedly are familiar with the phrase “compression”, a computer term commonly used to describe the reduction of the size of a large file for the purpose of sharing or storage. But did you know that compression generally reduces file size by eliminating parts of the file, making it smaller but also degrading the quality?
Ecom Ecom’s COMPACTION technology encodes and shrinks images to make them smaller, achieving dramatically increased compression ratios (as much as 40 times greater) while preserving all of the image detail and quality. This also increases the file transfer rates and conserves precious hard drive space. DryIce TDE software is poised to set a new benchmark in graphics file compression because it increases the speed of transmission and computer storage capacity while enhancing security through its unique encoding technology. It may well become the new standard for image, video and graphics delivery.
States the company, “When compression is not enough, COMPACTION takes over”.
If you have a digital camera, this inexpensive software is a necessity.
If you receive pictures via email this software is a “must have.”
Could eCom’s software become the solution -- the standard for storage of digital images on PC’s everywhere? Please read on to learn about eCom and its products. We strongly encourage all our readers, at the very least, to put this stock on their watch list. We are following this story closely and we will bring it to you as it develops.
--------------------------------------------------------------------------------
ANNOUNCES
An Important Breakthrough In Software Technology !
--------------------------------------------------------------------------------
Why wait and wait for your digital pictures to load and unload
and then find that you have lost detail, crispness and quality?
The launch of innovative DryIce TDE™ Compaction Software
The perfect complement to a digital camera
COMPANY OVERVIEW
eCom eCom's breakthrough product, DryIce TDE™, will bring the best security and image compaction available to those who store and transfer pictures via computers. eCom's first application using TDE, myPicZip™, will shrink virtually unlimited galleries of photos to eliminate the restraints on storage capability with little or no degradation in quality. The recent surge in popularity of digital cameras has demanded technology software, such as myPicZip™, that enables fast transmission, sending high quality pictures in small, quick files. It is the compaction and security elements of this technology that sets DryIce TDE apart from every compression-type software.
The three principal business segments of eCom eCom are the electronic commerce segment focused on compaction software, the manufacturing of paintball guns and accessories and the marketing and selling of sports memorabilia. While paintball and sports have been responsible for the majority of the Company's revenues, the positive response to the compaction software and the Z-Boxx™ recently introduced has significantly expanded the channel for increased revenues and the Company is divesting itself, as part of its business model, of its paintball and sports businesses.
IMPORTANT NEWS
About TDE Temporal Differential Encoding
TDE is capable of reducing images to very small sizes while preserving the integrity of the original image during compaction. This process allows the user to zoom in or out of images without errors or distortion and complies with both the worldwide Twain32 Standard for scanning documents and the ODBC (Open Data Base Connectivity) standard.
DryIce technology is positioned to become a leader in image, text, video and data delivery.
Applications of DryIce™ TDE Software are positioned to becoming standard utilities in every computer, just like anti-virus software. Knowledgeable computer users will not just want DryIce TDE, they'll demand it because it will be so useful in so many ways.
DryIce TDE is a totally different technology and should not be confused with compression technologies based on wavelet or fractal techniques. Current compression technologies attain very small compression ratios which is accomplished by permanently eliminating parts of the image.
Rather than compressing images, DryIce TDE utility encodes and shrinks images to make them smaller. This revolutionary encoding and shrinking process preserves all of the original image, reducing it to an extremely high ratio without loss of information. By maintaining original quality and dramatically reducing transmission time, DryIce TDE opens up a vast realm of new or improved applications. DryIce TDE software is in a league of its own because it increases the speed of transmission and computer storage capacity while enhancing security through its unique encoding algorithm. It is competitively superior to compression technologies that destroy image detail. For most computers users who have less than 56K modem speed, DryIce TDE will greatly reduce download time and increase image storage capacity without added hardware upgrades. Dry Ice has compaction ratios of up to 4,000 to 1.
myPicZip™
When 'photo shrink' product, myPicZip™ powered by DryIce TDE, hits the market, digital camera users will soon discover that myPicZip™ is a 'must have' item. It enables fast transmission of images, sending high-quality pictures in small, quick files.
Why does anyone invest in a digital camera?
Convenience and Cost
myPicZip™ Is Set To
Revolutionize Digital
Storage and Transmission
Storage:
making the PC a storage vault
Speed:
Faster Downloads
Security:
hacker proof
Z Boxx™
Z Boxx™ Enabling Storage, Routing and Acceleration
The Z Boxx™ is a hardware/software solution developed by Zyndecom, Inc. - a joint venture of eCom eCom and its partner, PremierSoft. It integrates DryIce™ technology with PremierSoft's Syndeos™ technology to create a bi-directional, cross-operating platform, and cross-software communication synchronization architecture.
The Z Boxx
1. Communicates with any platform or legacy environment and enhances any peer-to
peer system, assigning permissions with non-evasive databases.
2. Accelerates transmission of "fileless" data via a substream manager, which in turn
becomes "persistent" memory on the clients' hard drives until needed.
3. Collaborates using the persistent memory on a "hubless" network and accesses
authorized memory (with permissions) from other users on the system.
David J. Panaia, Chairman & CEO of eCom eCom.com Inc. on CEOcast
"... where JPEG ends up somewhere around 100 to 1 (in compression ratios), although they're saying they someday may get up to about 500 to 1, ours (with DryIce technology) starts at that point and goes up to 4,000 to 1 and someday we can see it going up to maybe 25,000 to 1."
THE STOCK AT A GLANCE
Shares Outstanding: 20,303,003
52-Week Range: $0.2000 - $0.9200
Market Maker: EquiTrade Securities Inc. (949) 699-1170
Transfer Agent: Florida Atlantic Stock Transfer
Daily Volume: 86,300 (01/18/02)
Fiscal Year End: 08/31
For OnLine Information
View current press releases: click here
View SEC filings: click here
Company Contact
eCom eCom.com Inc.
2700 PGA Blvd., Suite 103
Palm Beach Gardens, FL 33410
Phone: (561) 622-4395
Fax: (561) 624-0202
info@ecomecom.net
myPicZip, Z-Boxx and DryIce are registered trademarks of eCom eCom.com Inc.
--------------------------------------------------------------------------------
* * * MARKET PATHWAYS ANNOUNCES NEW PLATINUM PICKS SERVICE * * *
--------------------------------------------------------------------------------
Market Pathways, the 19-year-old investor relations firm that powers StockUpTicks, StockNight and Rapid Blast would like to announce a new service we’ll soon be offering. As you know, our newsletters do not recommend, tout, or hype stocks. We simply place what we feel is compelling information in front of our readers and let you decide.
However, we’ve decided to put our years of market experience and broad contacts to use for our readers in a new stock recommendation service called Platinum Picks. In this service, we’ll use our broad network of fund managers, insiders and “stock gurus” to provide you select recommendations of the best stock picks available.
For a short time, we’ll be providing these picks to our readers for free as a
thank you for your membership
We strongly encourage you to follow these stocks and watch their performance, noting the date and price of our recommendation. As a matter of record, we will not be paid by companies for their inclusion in Platinum Picks. Our selections will be strictly merit-based and you will know exactly why we picked them. We will begin charging a small monthly subscription fee for this service in the future and we're confident that you'll see its value once we’ve shown you what we can do.
Of course, StockUpTicks, StockNight and Rapid Blast will ALWAYS be free.
Our First Platinum Pick is VirtualSellers (OTCBB:VDOT)
Market Pathways has provided ongoing financial PR for this company for several years. During that time we've seen it trade as high as $9.00 during the high-flying dot-com days. Today VDOT closed at 16 cents per share. The stock is volatile but quite liquid. VirtualSellers is a dot-com “survivor” – one of just a few that has made the successful transition from a pure e-commerce play to a diversified enterprise with a growing, viable operation. Through its recent acquisition of Healthtrac, VirtualSellers has now entered the eHealth market. Healthtrac is an industry leader with dependable revenue channels. It provides a suite of health and wellness products, health assessment tools and specialized content to its established client roster of both self-insured employers and their employees.
In the U.S. alone, Healthtrac serves over 40 corporate clients, generating annual sales of more than $3 million. Healthtrac recently announced a license agreement with Australian Unity Health, one of the largest health insurers in Australia.
Healthtrac, which was established in 1984, offers a state of the art, stratified health assessment program developed by Dr. James F. Fries, a renowned medical researcher and professor at Stanford University. Healthtrac’s mission is to improve personal health and reduce employer's and health plan's cost of providing healthcare benefits to employees or members.
By collecting an individual's self-reported state of health and health-oriented behaviors, Healthtrac can identify certain health risks and, through prevention, early detection and prompt intervention, reduce the cost of providing health benefits. Using Healthtrac’s health assessment tools, each participant establishes an individual, detailed health profile and instead of receiving general information on generic health issues, Healthtrac provides these participants with precise answers and information based upon the participant’s needs, assessment of risk, priorities, and possible behavioral changes over time through self-management techniques.
*We are not telling you to buy this stock. We simply want you to watch it as an example of the quality of our picks.
--------------------------------------------------------------------------------
Safe Harbor Statement: Statements contained in this document, including those pertaining to estimates and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made.
Disclaimer: StockUpTicks.com is a property of Market Pathways Financial Relations Incorporated (MP).
M&M Man
Arch. . .take a look at "ECEC" when you get a chance. eom
M&M Man
Man, I wish I would have played "ASIA" today. I watched that one drop to 12.55. . .and knew it would pull back. Somebody needs to "oil" my trigger finger!
Peace. . .
M&M Man
Arch. . .update! CMGI will go down further as will ICGE. Same with TSCM. I'll look for 1.40 on TSCM. CMGI. . .I think you are close @ 1.40. I'll buy back in at 1.45. ICGE> . . .fun to watch. Should trade down unless they have something up their sleeve.
GTCI is trading nicely today. I can tell you this much, news is coming.
Peace,
M&M Man
Arch. . .
I think we're nearing the bottom on CMGI. Let me take a look at a few charts and I'll be back. . .(same with ICGE). . .
Strength in the Internet secotr would help both issues. . .
Peace,
M&M Man
Arch. . .LOL. At any rate, the important thing for anyone that trades stock to understand is the EVERYONE must have a trading STRATEGY. Secure gains and cut losses. . .is what it's all about. Nobody wins all the time. If they say the do, they are lying. However. . .the prudent investor knows when and where to place stops and secure gains. I'm not afraid to pull money off of the table when I've made enough to pay my bills. The "big one" only happens for those who know how NOT to lose money.
Peace. . .
M&M Man
Tim. . .
I sell 50% after a 50% gain. Then another 50% of the remaining position after 100% gain. I typically hold the remainder of the position if the stock continues to climb on good news.
There will be more forthcoming (good picks. . .).
Peace. . .
M&M Man
ASPT is trading nicely. eom
M&M Man
DANKY is breaking out to a new high eom
M&M Man
EENT has news. We'll have to see how this pans out with the market. I'm still wondering what this "engine technology" really is. . .!
Peace. . .
M&M Man
EENT has news. . .Tada! eom
M&M Man
**EENT is getting ready to break out of the gate eom
M&M Man
They're moving the "ask" and the "bid" up on EENT. Something's coming.
Peace. . .
M&M Man
Streetshooter. . .
I just took a look at that one. Good hit! I'll keep my eye on it along with DVNT. It appears the goodies are out there but nowadays. . .one has to move pretty fast.
Stay the course. . .
M&M Man
Lexmark. . .The "aquiring" company's stock will almost always go down. Meanwhile, the "aquired" company's stock will usually always go up. Keep that in mind.
Peace.. .
M&M Man
SMTC. . .was anyone watching? eom
M&M Man
hasbro. . .
HAL will be a good 12 month buy and hold at this price range. It won't stay down forever. That "asbestos" BS is just some weird analyst's way of degrading the company. It's been going on for 20 years! At any rate. . .I'd put HAL right up there with JDSU, CSCO and SUNW accumulate status for those with big bucks.. . .and a drip portfolio. Not much downside risk. A LOT of upside potential.
M&M Man
Arch. . .it's already up 66% LOL!
M&M Man
Arch. . .we'll need to watch that one carefully. Also, take a look at the spread on ETLK. We need to keep an eye on this one's trading activity to try and guage how GTCI will trade after the r/m and r/s are completed. Should be soon. Problem is. . .these low float stocks require patience to get out of. Gotta drop em in small quantities and with prudent "limit" orders. A high volume day. . .on the way up. . .is about the best and only way out. :(
Peace. . .
M&M Man
hasbro. . .that is another great find! Good pickins! Charts also looking good on that one. Good technology. Keep posting your finds!
Peace. . .
M&M Man
**MOT and BLTI will be interesting today eom
M&M Man
MOT might REALLY leap today
M&M Man
BLTI. . .watch closely (see latest quarterly report):
http://host.wallstreetcity.com/wsc2/Corporate_Snapshot.html?DB=SQL&template=corpsnap.htm&Sym...
M&M Man
hasbro. . .
That's a definite watch candidate!
http://host.wallstreetcity.com/wsc2/Corporate_Snapshot.html?DB=SQL&template=corpsnap.htm&Sym...
M&M Man
Diverdan. . .your observations are interesting. Nonetheless, I have formed a pretty good opinion of several people on the IHub boards. WillyWizard is amongst "tops" of my listed message board posters. He lives by his word and is always "objective" in his statements and analysis of organizations. This is much more than I can say for a good deal of the analysts working for MANY major brokerage firms. And on another note. . .why would anyone "not" be compensated for PR efforts? Isn't the PRN Newswire compensated when companies release news? Would you work for GM, Ford or Chrysler as an agent to promote the sale of vehicles without getting compensation? Would you sell a bad automobile to a good client? The same is true with the world of stocks. GOOD people help to heighten public awareness of GOOD companies. WillyWizard is not a "pump and dump" scam artist. They are BAD people who promote WORTHLESS companies. There is a significant difference.
At any rate. . .I like the company after having it brought to my attention and having someone as honest as WillyWizard profiling the company so I could conduct adequate research. Keep digging and you too will find the answers to the questions you seek.
Peace,
M&M Man
A very good article explaining KM's present situation:
http://aol.thestreet.com/funds/meetthestreet/10007188.html
M&M Man
AsiaInfo tops Q4 profit target, buys rival
By Tony Munroe and Eric Auchard
HONG KONG/NEW YORK, Jan 23 (Reuters) - AsiaInfo Holdings Inc , a Beijing-based supplier of software to China's boom
HONG KONG/NEW YORK, Jan 23 (Reuters) - AsiaInfo Holdings Inc , a Beijing-based supplier of software to China's boom ing telecoms industry, posted fourth quarter profits that beat forecasts and said it paid US$47.3 million to buy a rival.
The company, a favourite of investors eager to tap into the growth of the world's largest mobile phone market, said fourth-quarter net income rose more than four-fold to US$4.3 million, topping the average expectations of US$3.83 million by three analysts surveyed by Reuters.
Fourth-quarter net revenue, which excludes the cost of hardware sold to customers, grew to $20 million, a 42.2 percent increase over the same period of 2000.
Executives said they expected a resumption in demand from mainland carriers after a slowdown in the latter half of 2001 as regulators hashed out a massive restructuring of the industry. Beijing recently said it would reorganise the telecoms sector around four integrated carriers.
"We will start to see gradually in the next few months that the orders should start to pick up from China Telecom, both North and South," president and chief executive James Ding said during a conference call.
Former fixed-line near-monopoly China Telecom is being carved into north and south carriers.
While AsiaInfo signed contracts worth just US$8 million in its third quarter, the figure more than doubled to $18 million in the fourth, indicating that carriers are resuming capital spending, said Salomon Smith Barney analyst David Moy.
"I think everything is on track," Moy said.
BUYING BONSON
AsiaInfo also said it had agreed to pay $47.3 million to buy Guangzhou-based Bonson Information Technology Ltd, a provider of telecoms operation support systems (OSS) used to run communications networks in China. AsiaInfo will pay US$28.9 million in cash and the rest in stock.
Bonson has 200 employees and its chief customer is China Mobile, which is the mainland's biggest cellular carrier.
AsiaInfo said it expects Bonson to post 2001 revenue of US$8.3 million and net profit of US$2.4 million.
"It fits their strategy quite well," Credit Suisse First Boston analyst Jay Chang said of the deal.
Added Salomon's Moy, "one of my concerns was they were holding too much cash and not playing the M&A game."
Bonson's minority shareholders include a unit of Massachusetts based research firm International Data Group.
AsiaInfo said it expects further acquisitions to take place in the fragmented China market for telecoms network services and software.
The firm also said it is well-positioned to fend-off foreign rivals that covet the China market.
AsiaInfo is currently focused on the mobile and data sides of the telecoms business, and is studying opportunities to provide services to the fixed line space. Eventually, executives said the company's services could be applied to industries such as banking, insurance, and brokerages.
For the full year, AsiaInfo reported net income of US$11.7 million, or 28 cents per basic share, compared with a loss of US$2.8 million in 2000. Revenue totaled US$71.4 million, an increase of 60.2 percent.
Including the contribution from Bonson, AsiaInfo said it expects 2002 net revenue to rise between 15 and 25 percent on a pro forma basis, with net income expected in the range of US$18-$19 million.
Shares in AsiaInfo rose 1.36 percent to close at US$18.6505 on Tuesday on Nasdaq. While several analysts say they like AsiaInfo's business, some said the stock is overpriced. The company's price-to-earnings ratio stands at 96.84 times.
00:42 01-23-02
M&M Man
John,
One thing I like about LFZA is that until a "Deal is Sealed," they don't go out blabbing about what "May" happen. Only after the "Ink" is on paper to we hear anything from the company. That's a sharp way to approach the investing market. Albeit. . .there isn't much excitement until news is released. But once news does hit the wire, it amounts to something.
The investing public will find out sooner or later what LFZA has to provide. I presently drive a Ford LTD Explorer. It's a nice running vehicle, but it has too many gadgets. I mean, this thing has so many gadgets that one needs a reference manual to figure it all out! I'd rather have something that PERFORMS in a quality manner. . .than something painted with high technology junk. That's one of the things that appeals to me with the PSVs of LFZA. Simple. . .yet elegant and "Beastly" at the same time.
I still think that this is the year when LFZA will revisit their shareprice from two years ago. There has been a "quiet" accumulation of stock taking place by those that appear to have the same inkling. These people aren't grabbing a few thousand shares. . .they are buying hundreds of thousands of shares. They will play a predominant role in the progression of the shareprice. Some of them are "daytraders" and they will be out at a dime. Others anticipate the BIG one and will hold through the forthcoming listing on the OTC BB (should that happen) and into the selling and distribution points of the new 2003 model Laforza SUVs and PSVs. With the "niche" market that LFZA appeals to. . .there is no reason why a productive leadership and marketing agent couldn't secure a steady sale of LFZA vehicles which in turn will lead to revenue and profits. We'll just have to wait and see if LFZA can exploit their talents.
Peace
M&M Man
Positive surprises
After the market closed, Emulex (EMLX: news, chart) reported second-quarter earnings of $10.8 million, or 13 cents a share, excluding one-time items, beating the consensus estimate of 9 cents a share. Including items, the company lost $28.3 million, or 35 cents a share. In the year-ago period, the company earned $19.4 million, or 25 cents a share. Revenue totaled $62.2 million, exceeding the company's expectation but lower than the year-ago total of $71.1 million. The company supplies and develops storage and servers. Shares closed down $4.22 to $38.60 ahead of the news. See full story.
Vitesse Semiconductor (VTSS: news, chart) said Tuesday it lost $106.9 million, or 54 cents a share, including charges, while last year the company brought in a profit of 15 cents a share. On a pro forma basis, Vitesse lost $24.3 million, or 12 cents a share in the first quarter, 1 cent a share less than analysts had forecast. Revenue came in at $39.1 million, down 76 percent compared with $165.1 million in the year-ago quarter. In the year-ago period, the company earned $47.6 million, or 26 cents a share. Shares closed down 64 cents to $12.36 ahead of the news.
After the market closed, computer reseller CDC Computer Centers (CDWC: news, chart) reported fourth-quarter earnings of $42 million, or 47 cents a share, beating the consensus estimate and the year-ago total by a penny. Sales for the quarter totaled $988 million, down compared with $1 billion in the year-ago period. Analysts expected revenue to come in at about $981 billion for the latest quarter. The company also said it expects a first-quarter profit for 2002 of between 43 cents and 47 cents a share, with revenue of between $975 million and $1.03 billion. Analysts polled by Thomson Financial/First Call currently expect a first-quarter profit of 47 cents a share.
Mercury Interactive (MERQ: news, chart) beat analyst expectations on a pro forma basis with fourth-quarter earnings of $12.1 million, or 14 cents a share, down from $25.8 million, or 28 cents a share a year ago. Analysts had expected 12 cents a share. Including charges, income came in at $15.8 million, or 18 cents a share. The software maker posted revenue of $90.3 million, down from $97.5 million a year earlier. "Despite a difficult economic environment, we grew revenue by 18 percent in 2001, strengthened our position in the testing market and cemented early leadership in the performance management market," said CEO Amnon Landan.
After the market closed on Tuesday, FreeMarkets Inc. reported a fourth-quarter profit that erased a deficit it took in the same period last year and easily exceeded Wall Street's expectations. The company also said first-quarter earnings should be slightly better than current forecasts. FreeMarkets, a maker of electronic sourcing software, said profit from operations came to $3.9 million, or 9 cents a share, compared with a loss of $10.4 million, or 27 cents, in the year-ago period. Analysts polled by Thomson Financial/First Call were looking for a profit of 6 cents a share in the latest quarter. Shares (FMKT: news, chart) rose 60 cents to $18.90 on the Island ECN after declining $1.25 in the regular session.
Chip equipment maker Novellus (NVLS: news, chart) reported fourth-quarter net income of $17.2 million, or 12 cents a share, on revenue of $200 million. During the same quarter last year, net income was $93.9 million, or 64 cents a share, on revenue of $442.7 million. Novellus was expected to earn 11 cents a share on revenue of $201 million, according to the average estimate of analysts surveyed by Thomson Financial/First Call. Shares closed down $1.61 to $36.23.
Excluding one-time items, software company Computer Associates (CA: news, chart) said it earned $417 million, or 71 cents a share, for the third quarter compared with the year-ago total of $247 million, or 42 cents a share. Analysts expected a profit of about 60 cents a share, according First Call. Including items, Computer Associates reported a loss of $231 million, or 40 cents a share, vs. a loss of $342 million, or 59 cents a share, in the same period a year ago. Sales were $749 million, compared with $783 million a year ago. Shares closed down $1.08 to $34.90 ahead of the news. See full story.
Fairchild Semiconductor (FCS: news, chart)said Tuesday it lost 16 cents a share, or $16.2 million, in the fourth quarter though last year it earned 92 cents a share, or $93.7 million. That figure includes a $11.2 million charge. On a pro forma basis, the chip firm broke even in the fourth-quarter. Analysts polled by Thomson Financial/First Call had forecast a per-share loss of 4 cents a share. Last year, the company earned 76 cents a share, or $76.9 million. Revenue came in at $324.6 million, down from $468.8 million last year. Shares lost $1.76 to $23.79.
E-business technology company Ariba (ARBA: news, chart) reported a first-quarter pro forma loss of $6.9 million, or 3 cents a share, down from its year-ago profit of $14 million, or 5 cents a share, but 2 cents ahead of the average estimate of analysts polled by Thomson Financial/First Call. Revenue plunged in the latest three months to $55.3 million from $170.2 million in the same period a year earlier. Ariba believes it could reach pro forma break-even results "as early as June. Shares closed down 13 percent to $5.93.
JDA Software Group (JDAS: news, chart) reported a better-than-expected fourth-quarter profit of $5.4 million, or 20 cents a share, excluding one-time items. Analysts polled by Thomson Financial/First Call had expected a profit of 18 cents a share. Net income for the quarter totaled $3.3 million, or 12 cents a share, compared with the year-ago total of $928,000, or 4 cents a share. Revenue for the quarter totaled $60.5 million, up 41 percent compared with the year-ago period. Analysts expected revenue of about $55.4 million. Shares closed up 94 cents to $29.04.
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ChartsNews
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Cardinal Health reported better-than-expected second-quarter earnings Tuesday. Net income for the drug company totaled $283.3 million, or 62 cents a share, compared with the year-ago total of $221.2 million, or 49 cents a share. Excluding one-time items, the U.S. drug wholesaler (CAH: news, chart) posted earnings of $294 million, or 64 cents a share, a penny ahead of the consensus estimate, according to Thomson Financial/First Call. Shares closed up $5.27 to $67.19. See full story.
McKesson (MCK: news, chart) reported fiscal third-quarter earnings, excluding special items, of $111.7 million, or 38 cents a share, up from income of $69.3 million, or 24 cents a share in the same period a year earlier. Revenue for the quarter ending December rose 20 percent over last year to $9.6 billion. The company said special items of $2.9 million were primarily associated with litigation settlements. Analysts surveyed by First Call had been expecting a profit of 36 cents a share on revenue of $9.12 billion. Shares closed up $1.99 to $38.94. See full story.
Lucent Technologies (LU: news, chart) reported a fiscal first-quarter loss of $423 million, or 14 cents per share, including losses from discontinued operations, compared with a loss of $464 million, or 14 cents a share in the same period a year ago. On a pro forma basis, the company lost 23 cents a share, less than the 42 cents recorded last year, and a penny less than the average analyst forecast compiled by Thomson Financial/First Call. Revenue for the quarter ending December fell 7.9 percent from last year to $3.5 billion, above analyst expectations of $3.21 billion. The company anticipates sales to grow 10 to 15 percent on a sequential basis during the second quarter. The stock closed up 25 cents to $6.94. See full story.
Amazon (AMZN: news, chart) reported fourth-quarter net income of $5 million, or a penny a share. In the year-ago period, the company recorded a loss of $545 million, or $1.53 per share. On a pro forma basis, the e-tailing giant reported a profit of $35 million, or 9 cents a share, versus a loss of $90 million, or 25 cents a share, last year. Analysts polled by Thomson Financial/First Call had been expecting a loss of 7 cents a share. The stock closed up 24 percent to $12.60. See full story.
Health Management Associates (HMA: news, chart) reported fiscal first-quarter net income of $50.5 million, or 20 cents a share, up from $40.2 million, or 16 cents a share recorded in the same period a year ago, and a penny-per-share better than the average analyst estimate compiled by Multex. The stock closed down 46 cents to $19.34.
Bank of America Corp. (BAC: news, chart) reported fourth-quarter earnings of $2.06 billion, or $1.28 per share, compared with earnings of $1.39 billion, or 85 cents per share, in the same quarter a year. Analysts, on average, expected the company to earn $1.24 per share, according to Thomson Financial/First Call. Shares closed up $1.87 to $61.67. See full story.
BellSouth (BLS: news, chart) reported fourth-quarter net income of $1.19 billion, or 42 cents a share, up from income of $1.12 billion, or 59 cents a share recorded in the same period a year ago. Excluding charges, which relate to restructuring and the write-down of an equity investment, normalized earnings were 63 cents a share. Analysts surveyed by Thomson Financial/First Call had forecast a profit of 60 cents. Shares closed down 60 cents to $37.45. See full story.
International Paper (IP: news, chart) reported a fourth-quarter net loss of $572 million, or $1.19 per share, an increase over losses of $371 million, or 85 cents a share recorded in the same period a year earlier. Excluding special items, which included charges related to shutdowns of excess capacity and asset impairments, the paper company said it earned $58 million, or 12 cents a share. Analysts surveyed by Multex had expected earnings of 3 cents a share. Sales for the quarter ended December fell 13 percent from last year to $6.3 billion, below expectations of $6.54 billion. The company added that inventory levels declined nearly 10 percent. Looking ahead, IP said it is anticipating a "weak" first quarter and improvement in the second quarter. The stock closed up 69 cents to $38.91. See full story.
Montreal-based Alcan (AL: news, chart) reported fourth-quarter earnings, excluding non-recurring items and foreign currency translation effects, of $73 million, or 22 cents a share, compared with $132 million, or 41 cents a share, in the fourth quarter of 2000. Analysts polled by Thomson Financial/First Call had expected a profit of 18 cents in the quarter. Including non-recurring items and foreign currency effects, the Canadian company reported a net loss for the quarter of $357 million, or $1.12 a share. The aluminum outfit also said it expects to post earnings per-share -- excluding non-recurring items, foreign currency translation effects and goodwill amortization -- of between 25 cents and 35 cents a share for the first quarter and a profit of between $1.70 and $2.10 for 2002. Analysts have pegged first-quarter earnings at 31 cents and full-year earnings of $2.29 a share. Shares closed up 79 cents to $35.32.
M&M Man
Pfizer profits rise 21 percent
NEW YORK (Reuters) - Pfizer Inc. , the world's largest drugmaker, Wednesday posted a 21 percent rise in fourth-quarter operating profits, driven by robust sales across all product lines.
Pfizer, whose industry-leading stable of prescription drugs include cholesterol fighter Lipitor and impotence pill Viagra, reported earnings of $2.11 billion, or 34 cents per share, before items.
The results were in line with a forecast earlier this month from Pfizer, one of the few large drugmakers not yet hit by patent expirations on key products. Analysts had expected a profit of 33 cents to 38 cents per share, with a mean of 34 cents, according to research firm Thomson Financial/First Call.
Sales jumped 12 percent to $9.03 billion.
Pfizer repeated its forecast that 2002 revenues will grow at a double-digit clip.
06:33 01-23-02
M&M Man
Pfizer profits rise 21 percent
NEW YORK (Reuters) - Pfizer Inc. , the world's largest drugmaker, Wednesday posted a 21 percent rise in fourth-quarter operating profits, driven by robust sales across all product lines.
Pfizer, whose industry-leading stable of prescription drugs include cholesterol fighter Lipitor and impotence pill Viagra, reported earnings of $2.11 billion, or 34 cents per share, before items.
The results were in line with a forecast earlier this month from Pfizer, one of the few large drugmakers not yet hit by patent expirations on key products. Analysts had expected a profit of 33 cents to 38 cents per share, with a mean of 34 cents, according to research firm Thomson Financial/First Call.
Sales jumped 12 percent to $9.03 billion.
Pfizer repeated its forecast that 2002 revenues will grow at a double-digit clip.
06:33 01-23-02
M&M Man
AsiaInfo tops Q4 profit target, buys rival
By Tony Munroe and Eric Auchard
HONG KONG/NEW YORK, Jan 23 (Reuters) - AsiaInfo Holdings Inc , a Beijing-based supplier of software to China's boom
HONG KONG/NEW YORK, Jan 23 (Reuters) - AsiaInfo Holdings Inc , a Beijing-based supplier of software to China's boom ing telecoms industry, posted fourth quarter profits that beat forecasts and said it paid US$47.3 million to buy a rival.
The company, a favourite of investors eager to tap into the growth of the world's largest mobile phone market, said fourth-quarter net income rose more than four-fold to US$4.3 million, topping the average expectations of US$3.83 million by three analysts surveyed by Reuters.
Fourth-quarter net revenue, which excludes the cost of hardware sold to customers, grew to $20 million, a 42.2 percent increase over the same period of 2000.
Executives said they expected a resumption in demand from mainland carriers after a slowdown in the latter half of 2001 as regulators hashed out a massive restructuring of the industry. Beijing recently said it would reorganise the telecoms sector around four integrated carriers.
"We will start to see gradually in the next few months that the orders should start to pick up from China Telecom, both North and South," president and chief executive James Ding said during a conference call.
Former fixed-line near-monopoly China Telecom is being carved into north and south carriers.
While AsiaInfo signed contracts worth just US$8 million in its third quarter, the figure more than doubled to $18 million in the fourth, indicating that carriers are resuming capital spending, said Salomon Smith Barney analyst David Moy.
"I think everything is on track," Moy said.
BUYING BONSON
AsiaInfo also said it had agreed to pay $47.3 million to buy Guangzhou-based Bonson Information Technology Ltd, a provider of telecoms operation support systems (OSS) used to run communications networks in China. AsiaInfo will pay US$28.9 million in cash and the rest in stock.
Bonson has 200 employees and its chief customer is China Mobile, which is the mainland's biggest cellular carrier.
AsiaInfo said it expects Bonson to post 2001 revenue of US$8.3 million and net profit of US$2.4 million.
"It fits their strategy quite well," Credit Suisse First Boston analyst Jay Chang said of the deal.
Added Salomon's Moy, "one of my concerns was they were holding too much cash and not playing the M&A game."
Bonson's minority shareholders include a unit of Massachusetts based research firm International Data Group.
AsiaInfo said it expects further acquisitions to take place in the fragmented China market for telecoms network services and software.
The firm also said it is well-positioned to fend-off foreign rivals that covet the China market.
AsiaInfo is currently focused on the mobile and data sides of the telecoms business, and is studying opportunities to provide services to the fixed line space. Eventually, executives said the company's services could be applied to industries such as banking, insurance, and brokerages.
For the full year, AsiaInfo reported net income of US$11.7 million, or 28 cents per basic share, compared with a loss of US$2.8 million in 2000. Revenue totaled US$71.4 million, an increase of 60.2 percent.
Including the contribution from Bonson, AsiaInfo said it expects 2002 net revenue to rise between 15 and 25 percent on a pro forma basis, with net income expected in the range of US$18-$19 million.
Shares in AsiaInfo rose 1.36 percent to close at US$18.6505 on Tuesday on Nasdaq. While several analysts say they like AsiaInfo's business, some said the stock is overpriced. The company's price-to-earnings ratio stands at 96.84 times.
00:42 01-23-02
M&M Man
Peregrine Systems Inc. Has Fallen To A New 52-Week Low [PRGN]
1/22/02 2:27:39 PM Peregrine Systems Inc. (PRGN) gapped up Tuesday morning, but has moved gradually lower since the open. The stock is now down 0.48 at $8.71 on average volume.
Peregrine Systems Inc. has been pulling back gradually for the last week and a half and has fallen to a new 52-week low.
http://host.wallstreetcity.com/wsc2/chart.html?Timespan=260&template=tanalys.htm&Symbol=prgn
M&M Man
Peregrine Systems Inc. Has Fallen To A New 52-Week Low [PRGN]
1/22/02 2:27:39 PM Peregrine Systems Inc. (PRGN) gapped up Tuesday morning, but has moved gradually lower since the open. The stock is now down 0.48 at $8.71 on average volume.
Peregrine Systems Inc. has been pulling back gradually for the last week and a half and has fallen to a new 52-week low.
http://host.wallstreetcity.com/wsc2/chart.html?Timespan=260&template=tanalys.htm&Symbol=prgn
M&M Man
Interesting after-hours activity on OCPI, CAPA, ASPT and PCLE.
M&M Man
Interesting after-hours activity on OCPI, CAPA, ASPT and PCLE.
QTEK's volume before the closing bell was interesting.
EENT settled around 30 cents. Worth watching.
DVNT volume has been steadily increasing over the past week. Well over the normal trend. Well worth watching.
HRCT. . .still waiting for news on the GTCI merger with Sinobull.com. Should see something prior to the end of the month.
ETLK. . .one of the first R/S stocks I've seen INCREASE in value on the first day of trading. Perhaps a new ticker symbol is the trick on these R/S stocks (or could it be the R/M?)? Worth keeping a close eye on.
Time for a little review. . .and a couple more cups of coffee LOL.
Peace. . .
M&M Man
Thanks Joe,
I've got to admit, it's one of the more interesting stocks to follow. All of them, as far as that goes (ETLK, GTCI and HRCT). Has anyone heard whether AI-Asia is going to be spun-off on its own or will it also undergo a R/M? The way some make it sound it's as if that one is ready to be spun-off as well. Anyone have any statements out of HRCT giving us a roundhouse estimate as to when that will occur? Haijek or Hotsearch? Let us know if you any insights or verifications.
Peace. . .
Have a great week, Joe God's best to you as well.
M&M Man
Okay. . .I give up! eom
M&M Man
Deb. . .
Is this really your nose: >>>> !! :o(
LOL
Peace. . .
M&M Man