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NMKT aproching short sell point 0f .43 should cause a short squeeze.
NMKT $500 million reasons
NMKT reports profit on the 10k 3/31 also guidence on big contracts upcomming like $500 million.
NMKT to report more profit on 10K 3/31
NMKT to post 10K for profitable year. CEO gives guidence in shareholders letter.
NewMarket Technology, Inc. Releases Progress Update on $50 M in Revenue Anticipated in 2005 Report, Plans for $500 M and Future of Shareholder Dividends
March 21, 2006 11:01:03 (ET)
DALLAS, Mar 21, 2006 (BUSINESS WIRE) -- NewMarket Technology, Inc. (NMKT, Trade) today released a letter to shareholders from CEO, Philip Verges. The communication provides an update on the Company's recent progress including the anticipated $50 million in profitable revenue in the upcoming annual report for 2005 to be filed March 31st. The CEO elaborates on the Company's goals to continue rapid growth to $500 million in profitable revenue. The regular issue of shareholder dividends is a key aspect of NewMarket's overall business plan of building enterprise and shareholder value. Mr. Verges explains how shareholder dividends fit into NewMarket's plan and what shareholders can expect in regard to the issue of dividends.
The letter to shareholders is included in its entirety in this release:
NewMarket Technology, Inc. Releases Progress Update on $50 M in Revenue Anticipated in 2005 Report, Plans for $500 M and Future of Shareholder Dividends
March 21, 2006 11:01:03 (ET)
DALLAS, Mar 21, 2006 (BUSINESS WIRE) -- NewMarket Technology, Inc. (NMKT, Trade) today released a letter to shareholders from CEO, Philip Verges. The communication provides an update on the Company's recent progress including the anticipated $50 million in profitable revenue in the upcoming annual report for 2005 to be filed March 31st. The CEO elaborates on the Company's goals to continue rapid growth to $500 million in profitable revenue. The regular issue of shareholder dividends is a key aspect of NewMarket's overall business plan of building enterprise and shareholder value. Mr. Verges explains how shareholder dividends fit into NewMarket's plan and what shareholders can expect in regard to the issue of dividends.
The letter to shareholders is included in its entirety in this release:
Dear Fellow Shareholders,
NewMarket has posted exceptional growth over the past three years reporting $2.3 million in revenue in 2003 with an anticipated $50 million in revenue to be reported in the upcoming annual report for 2005 due out March 31. I believe shareholders will be pleased with the Company's improving profits.
As many of our shareholders know, the Company's success to date has been recently recognized by ranking as the 13th fastest growing technology company in North America in the Deloitte Fast 500. However, management believes Wall Street has not yet rewarded our shareholders with an increasing share price in the ultimate recognition of NewMarket's undeniable fundamental success of three years of substantial revenue, income and shareholder equity growth.
Management is confident in gaining Wall Street's attention with continued growth, the issuance of shareholder dividends and the continued addition of notable clients. Management plans to aggressively continue the Company's rapid growth from $50 million in revenue to $500 million with multiple equity dividends issued concurrently. Management contends that the Company's first quarter 2006 financials will reflect continued progress towards meeting NewMarket's goals.
NewMarket's High-Tech Research and Development Vision
High-Tech company profit margins are shrinking as a result of growing global competition from nations with lower labor costs. Reduced profit margins in-turn reduce the capital available for investment in ongoing research and development (R&D). Smaller R&D budgets negatively impact the development of future high-tech features and functions. The vision and objective of NewMarket is to evolve current R&D initiatives to compensate for shrinking R&D budgets and the resulting impact to future high-tech products.
NewMarket's strategy is to introduce a new R&D methodology that combines:
1. traditional systems integration services with
2. the incubation of emerging technologies and
3. a plan to monetize the appreciation of the emerging
technologies
NewMarket's successful growth to $50 million in profitable revenue is the result of only the systems integration and incubation functions of the Company's overall business strategy. The plan to monetize the appreciation of incubated emerging technologies has yet to be demonstrated. The potentially significant equity appreciation of incubated emerging technologies represents the most profitable aspect of NewMarket's overall strategy. In short, the best is yet to come.
Revenue Growth through Large Long-Term Contracts with Notable Clients
Approximately 50% of NewMarket's revenue growth through 2005 has come through acquisitions. Beginning in 2006, shareholders can expect ongoing revenue growth to be bolstered by larger and longer-term contracts with a client list that will include more well-known companies.
To date, the majority of NewMarket's organic revenue growth has resulted from foreign clients. Understandably, NewMarket's largely North American shareholder base is generally unfamiliar with the names and operations of NewMarket's foreign clients.
Management has recently concentrated efforts on signing large long-term contracts with North America clients, with an emphasis in our own corporate backyard of Texas. While NewMarket ranked as the 13th fastest growing technology company in North America in the Deloitte Fast 500, we ranked 2nd in Texas in the local Deloitte Fast 500 competition. We are knocking on the doors of multibillion dollar corporations headquartered in Texas offering our services as a sister Texas Corporation. We are receiving a warm Texas welcome.
Our concentrated efforts in Texas are not at the expense of our sales initiatives in foreign economies. Our aggressive efforts locally are in addition to our foreign sales initiatives. Combined, management believes NewMarket could attain $500 million in revenue in the next three years.
Shareholder Dividends
The most profitable aspect of NewMarket's overall strategy is the plan to monetize the appreciation of incubated emerging technologies. As an integral facet of building shareholder value, NewMarket houses each of its emerging technologies within independent subsidiary corporations. As subsidiary technology companies establish sales traction sufficient to validate an emerging technology's marketability, NewMarket will publicly list the subject subsidiary, while remaining as the majority shareholder.
he public listing of subsidiary technology companies enable:
1. concentrated capital formation to support continued subsidiary
growth,
2. dividend issue of publicly traded subsidiary stock to NewMarket
shareholders,
3. and enhanced NewMarket profits through the monetization of
subsidiary stock,
4. along with a strengthening of the company's balance sheet
through the company's ownership of marketable securities.
As the majority shareholder, NewMarket can monetize subsidiary stock by selling a fractional minority interest on the public market. Accordingly, NewMarket can substantially enhance its profits by combining technology product and service sales with equity income from the monetization of subsidiary stock.
In addition to facilitating enhanced profits, NewMarket can deliver direct value to shareholders through the dividend distribution of publicly listed subsidiary stock. NewMarket has a number of subsidiaries in the process of establishing independent public listings.
Management had planned to realize the first dividend distribution in 2005 with the independent public listing of its Homeland Security subsidiary achieved through a reverse merger with Defense Technology Systems, Inc. (DFTS, Trade). The dividend distribution was unfortunately delayed by unforeseen complications that are currently being addressed. Management still intends to issue the DFTS dividend, however another equity dividend may be issued prior to the originally planned first dividend of DFTS stock.
Management believes the initial dividend issue of publicly listed subsidiary stock will capture Wall Street's attention and play a key role in finally achieving a valuation more consistent with the Company's revenue, profit and shareholder equity growth demonstrated over the last three years.
Management considers the Company significantly undervalued today by most financial metrics used by investors. National exchange listed companies with comparable revenue are trading at a Price to Sales ratio of more than two times revenue while NewMarket, with better than comparable average earnings, is trading at a Price to Sales ratio of less than one times revenue. Management is confident that continued success in the execution of NewMarket's plan will result in erasing this disparity from industry comparables. A recent independent analyst report by Tri-State Capital recommended a target share price for NewMarket common stock nearly three times yesterday's average share price.
Progress in the first quarter of 2006 is consistent with the Company's 15% compounded annual growth forecast for the year. An upward revision of the forecast following the first quarter financial report is likely. The soon to be released 2005 annual report will reflect our anticipated 100% revenue growth over 2004 to $50 million in revenue with an even more substantial growth in income as a percentage of revenue. Progress toward subsidiary public listings is also likely to be evident prior to the filing of the first quarter financial report, as well as, the related disclosure of a reduced NewMarket fully diluted issued and outstanding.
Management believes that the benefits of the Company's recent steps to deepen the management team and broaden the experience and expertise represented on the Board of Directors will be apparent in the first quarter financials and further elicit confidence in realizing NewMarket's potential to reach $500 million in revenue within the next three years with multiple dividends issued along the way. We look forward to sharing the Company's progress in more detail in the upcoming annual and quarterly reports.
Best Regards,
Philip Verges
PV has stated he would be ending the bottomless convertable financing. So that era should be at an end with that last price dip. anyone that did not convert their preferred shares their will be SOL. When NMKT moves to the AMEX and attracts more institutional investors there will be a great deal of upward pressure on the PPS. I agree 500 million are only words now when I start getting my shares of DFTS and NMKT china etc I will have the faith to hold my shares. PEACE and good luck will you change your name to AT&T357? LOL
Well 500 million = .03 with NMKT float.
Nice little 500 million dollar goal will work also.
A little good news would go a long way today. I think an type 3 notification to declare the number of stocks PV owns would promote a boost in confidence that could translate into stock purchases and a bump in PPS. JMHO
Getting to the AMEX has done DVW a lot of good.
Bandwidth.com and CompUSA Choose Covad`s Voice Optimized Access for their VoIP Offer
March 20, 2006 11:47:01 (ET)
SAN JOSE, Calif., Mar 20, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW, Trade), a leading national provider of integrated voice and data communications, today announced that it has been chosen to be a preferred DSL and T-1 provider to Bandwidth.com for its voice over IP solution, to be sold through an agreement with CompUSA.
"We are very pleased to be a preferred provider to Bandwidth.com as it partners with CompUSA to launch this exciting new voice solution," said Lisa Graham, vice president of wholesale sales for Covad. "Covad has a strong relationship with both companies and we look forward to helping them succeed in this venture."
Under the terms of the partnership announced at the Spring 2006 VON Conference last week, Bandwidth.com will launch its voice over IP solution targeting small businesses through CompUSA's retail locations, commercial sales and website. The service is a fully hosted IP telephony solution that incorporates Bandwidth.com's robust platform and feature set and will be available over Covad T-1 and SDSL voice-optimized access (VOA). CompUSA will launch the service in April 2006. Covad has been providing Bandwidth.com with T-1 and DSL services under a wholesale arrangement since 2002.
"Covad has a proven track record serving business customers and we are delighted to be offering Covad services to CompUSA customers," said Henry Kaestner, CEO of Bandwidth.com.
Covad's VOA enables small business customers to conduct multiple phone calls and access large data files concurrently over the same connection without compromising the quality of their voice services because Covad controls the flow of voice traffic over its nationwide network and prioritizes telephone conversations over data traffic.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles, San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
EDS, IBM to revamp Medicare data centers
EDS, IBM and Companion Data Services were picked to revamp data centers used in Medicare claims processing. The companies will compete for work under a contract valued at $1.9 billion during the next 10 years. The contract is part of a modernization effort by the Centers for Medicare and Medicaid Services. Washington Post, 3-20-06
http://www.washingtonpost.com/wp-dyn/content/article/2006/03/19/AR2006031900830.html
Look at the job listing locations all near EDS sites Hmm subcontracting to EDS I wonder.
Job openings at New Market. http://seeker.dice.com/jobsearch/servlet/JobSearch?op=104&field=diceid&value=verge
Lasvegascowboy:
Don't feel like the lone stranger we all have that same wish. Though if we had not invested a year ago or in my case 2 years ago the company would be a different entity than it is now. I just wish I had $200K to buy in now but I might make a different choice based on what elese has happened. Good luck to you and all NMKT longs.
The 10K may provide the Catalyst needed to move to the $1 range sure enough. There would need to something strong to send it to the $2 range. Still long and getting longer.
In 1993, the State of Texas imposed a requirement on all state agencies to subcontract a portion of all state contracts with historically underutilized businesses, termed HUBs. NHIC hired I.S.G., a HUB run by Ken Blow. I.S.G. was contracted to input Medicaid claims but failed to do so in a timely fashion as required by the contract. In 1995, NHIC terminated the contract with I.S.G., which sued NHIC within a week. In the 10 years since, damages claimed by the plaintiff increased from $6 million to almost $800 million.
These are not my stock picks other than NMKT I posted everything to be complete and in context. Don't be so anial get some fiber in your life.
This is from Hotstock.com:
Others that are consolidating/on watch (lots of good stock charts here, too many to comment on):
DSNY, EVSC, NSEO, CTUM, SGID, ERHE, AGSI, VIVI, IRBL
EFRM, NMKT, LTWV, BBAN, PXIT, UDVC, NAWL, DBSJ
ENDE, MAGR, DSLN, PHDTF, ONSC, SDNA, VRDE, WOLV
Stocks from the previous lists that have extended gains:
ACUR, MMAM, ADVC, MGCN, CRGO
From HotStock.com:
Others that are consolidating/on watch (lots of good stock charts here, too many to comment on):
DSNY, EVSC, NSEO, CTUM, SGID, ERHE, AGSI, VIVI, IRBL
EFRM, NMKT, LTWV, BBAN, PXIT, UDVC, NAWL, DBSJ
ENDE, MAGR, DSLN, PHDTF, ONSC, SDNA, VRDE, WOLV
Stocks from the previous lists that have extended gains:
ACUR, MMAM, ADVC, MGCN, CRGO
DVW is really on the rise. I wish I had bought more shares.
WiMax to break $1bn mark by 2009
Still trounced by WLAN though...
By Jo Best
Published: Thursday 09 March 2006
Revenues from WiMax equipment are set for impressive growth, analysts report, but will continue to lag behind those from wireless LANs (WLANs).
Research company Infonetics predicts WiMax will reach revenues of $142m this year, shooting up to $1.6bn by 2009.
While the milestone is an important one for the long-range broadband technology, revenues from WiMax pale in comparison to those from WLAN, which jumped 10 per cent year-on-year to reach $2.4bn.
Infonetics expects the WLAN market to be worth $3.9bn before the end of the decade, largely driven by the enterprise segment, which will see a 120 per cent jump in revenue between 2005 and 2009.
NMKT & DVW blowing up
NMKT nearing the breakout point short squeez .42 will blow up to .90
DVW going up every day .1644 today.
I put my USXP winnings into NMKT nearing .42 short squeeze point 10k soon out with increasing profit should go to .90
NMKT nearing the short squeeze point of .42 10K will be out soon big profit to report. Should go to .90. Load up now avoid the rush.
GPSN
Prestigious New York Golf Course Selects Total GPS Business Solution, Including Wireless Security
03/08/2006 06:30
NEW YORK, NY -- (MARKET WIRE) -- 03/08/06 -- GPS Industries Inc. (OTC BB: GPSN), a leading innovator of Wi-Fi and GPS-enabled multimedia communications and management solutions for golf facilities, resorts, sporting events and residential communities is pleased to announce that Morefar Back O'Beyond golf course in Brewster, New York has installed wireless cameras to be remotely controlled 65 miles away at their corporate offices in Manhattan over the Internet, along with the 'Inforemer' GPS golf management system. This innovative technology has been added to increase security at the club and provide a better golf experience for its members and management.
All the technology was installed by GPS Industries Inc. (OTC BB: GPSN), a leading communications company with patented GPS and wireless (Wi-Fi) solutions for golf facilities, resorts, sporting events and residential communities.
Morefar is a privately owned and unusual 18-hole course, featuring 25 bronze sculptures throughout the course telling of its Asian history. Formerly owned by AIG, Morefar is currently owned by CV Starr International, who acquired ownership in 2005 under the direction of Mr. Hank Greenberg, former CEO of AIG.
"We are an exclusive private course, and we knew all our members would benefit from having a GPS system," says Ans deBeus, Morefar's General Manager. "But we are also very happy with the total software system, and we are now able to monitor and control our wireless security system from a secure location far away from the golf course, helping us to bring down security costs."
The club's 500 acres, which includes the golf course, residences and guest houses in both New York State and Connecticut, are protected by GPSI's wireless security cameras with remote viewing capability from anywhere in the world.
Morefar is one of the first customers of the Internet-based Wi-Fi Total Business Solution from GPSI. As well as being able to monitor, maintain and control the cameras remotely, the Club is also able to control the club entrance gate from Manhattan.
"Morefar Back O'Beyond saw the value of remote wireless security cameras, along with the 'Inforemer,' our industry leading GPS system," said GPS Industries CEO & President Bob Silzer, Sr. "Like Morefar, courses around the world are paying attention to GPSI after our strong presence at Orlando's PGA show. Our wireless security and patented GPS system is the best there is, and we think Morefar's decision confirms that."
GPS Industries, Inc.
House of pain.
Telephonics I scored another 3k @.365
Short squeeze trigger soon.
STRONG UPGRADE OUT
NewMarket Technology, Inc. Receives Strong Upgrade by Respected Research Firm; Management Reports 2005 Un-audited Revenue Growth of $50 Million
March 08, 2006 09:00:16 (ET)
DALLAS, Mar 08, 2006 (BUSINESS WIRE) -- NewMarket Technology, Inc. (NMKT, Trade) is pleased to announce a well-respected firm TSC, has upgraded their equity rating on NMKT. This strong upgrade comes at a time when the company announced adding an additional $14 million in revenue for 2006 by delivering services to Colombia Telecom and a large Florida Competitive Local Exchange Carier (CLEC) catering to the North American Hispanic Market. The upgrade is also due in part to NewMarket growing at a rapid pace from $2.3 million in revenue in 2003 to over $50 million in un-audited revenue in 2005. Recently NewMarket was named in 2005 as the 13th fastest growing technology firm in North America on the Delloitte Technology Fast 500. Rankings are based on percentage of revenue growth from 2000-2004.
TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media.
To view the entire independent research report, please click on the attached URL: http://www.otclive.com or visit: http://www.newmarkettechnology.com.
Mr. Philip Verges, CEO of New Market Technology, Inc. states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction". Mr. Verges further stated, "We anticipate 2006 to be another record year for our company. During the last four years, our revenues have increased over 18,000 percent. In 2006 we project continued year over year record growth with fully consolidated business unit revenue of $87.5 million. Recently, in our first quarter of 2006, we entered into a $14 million contract with Colombia Telecom and a large Florida Competitive Local Exchange Carrier (CLEC). We have executed an agreement to acquire UniOne in Sao Paulo, Brazil which reported $14 million in profitable 2005 revenue (un-audited). In order to better manage our rapid growth, we signed former Chairman and Board Member of the Federal Reserve Bank of Dallas, Hugh G. Robinson to join our NewMarket Board of Directors."
About NewMarket Technology Inc.
NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions. NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries.
Russ:
What is your best guess why this deal fell through? Do you suppose DCI folks were hard to get along with? Or was it the pending litigation? Hmmm Things to ponder....
debug.
DVW making a run.
CNES in at .0025 how soon .01 ?
Thanks Telephonics but I don't think it is worth it. RB is pretty much a bunch of pumpers and bashers. With the exception of some of the people on the NMKT board. There are quite a few intelligent well mannered, most of the time LOL, folks on that board. I think I come to like the investors hub much better overall.
I am concentrating my capital on NMKT at this point getting ready for a huge run up in share price. Hopefully this move will pay for my house. GLTY
DVW has been coming up. DO da due
NMKT Monday check em out. du da due