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taking lunch right now from the yard,,,,,, ohhhhhh, almost done. Gave me a fair amount of time to think,, and yes,, GV is going to be a nice runner,, once the bear camp gets over 50% right now it is 45% last I checked a few days ago.. Those real value and profitable companies will have their day,, value can wake up too.
ot,, dont get too fooled by sort green markets or even spikes and gaps,, C is your,, fear,, I mean ooooooooopppppppps stock. any way near term, I dont plan to just throw a dart,, I already put the dart board back in the closet for a few months. We are getting to the point of sectorless moves,, I think we are moving into stock specific moves,, sort of like 2000,, even if we just channel for awhile. As you know i like a bloody market,, cuts down on herding cats-lol,, it gives you fewer stocks to watch,, and enter. They sort of stick out like sore thumbs,,they have something besides the chart moving them up.. Value or growth or both in a worrisome part in the markets.
I see voip is said to be talked up in barrons,, I like barrons,,,and they did note some that I like,,TWTC,, been on the bottom fishing list while basing for quite some time. As far as 'techish' goes I dont like too many. Of the cheapies with a good chance,, I would put my money on LOOK,, I do not like google as a 'stock' and hate them more as client. Not crazy about MAMA,, but do think they may follow thru with more buy-'ups' -outs,- they noted this on cnbc the other day, (translates into they are spending $ and plan to spend more or print shares for m&A)-maybe traders will see this soon. Chart shows a good chance of dropping to 6+/-,, maybe I am wrong. Dont care,,, LOOK is the better bet for upside) ,,,, I think LOOK is cheap for the pickens for MAMA.
it doesnt help now that the cat is out of the bag about those $.06 shares Bezos (AMZN) got,, and the stupid,,(screw the little guy big) google blind auction IPO,, (I Paid Out)
butterscotch friday,, butter for the pigs that got greased,, and scotch tonight for those who worry they grabbed a porker.
ah just kidding you guys,, I know I know,,, to the moon gracy!
Have a great weekend,, if any of you get bored,, I got alot of yard work to do.
thanks for posting that,,, they have other top performing funds that should get attention soon,,
I went there the first day,, at night,, chatted with you,, not since then.
I noticed that a falling market spooks traders,, and they are busy trying to figure out their ports,, what to keep what to toss,,,, many traders dont like a red market,, and can become dis-interested or (distracting) in stocks moves or views. Sort of cranky,, you know,, 1 late friday at the pit in april,, someone posted something to the effect,,"nobody posted new highs in port'' .. Well that sort of lit up the emails,, some of us have done quite well- or at least held our own,, but note now that we are not to brag about it.
someone here said they wont buy a red stock,, and that is fine,, just trade what you know and whatever style made you money in red markets.
quiet boards everywhere-,, dont see any reason to pay any longer after I expire,, probably get more acitve in magics chat room then.
Subscription Expiration Date 7/12/2004 2:31:08 PM
is the pit down?
watch NBR,, greed alone will put them to work,,, that and the fact that large fields are harder to come by these days,, hhhhhhmm,,, either drill it or buy them (m&a)
you guys may want to look at some very overold drillers and those companies with reserves.
t. boone pickens was on cnbc,,, pretty interesting
bet it is very close to the bottom,, mm's took it down to support,, they is going slow with nibbles up
imx,, should start getting vol alerts,,, spec is net buyer
idnx,, sorta nice :)
IMX-theres your dip 14.00,, I have added today,,15+17.15 are next legs,, tasr $ is nibbleing in
fwiw- IMX has to chase tasr
http://finance.yahoo.com/q/bc?s=IMX&t=6m&l=on&z=m&q=l&c=tasr
8:55ct,,$nikk=10837 (+126) $ftse =4414(+11),,IMX=13.60
thanks to Beaming Up,, for saving me time on the scanner on IMX dd: (note the value comparisons of $57)
This brings us to
Implant Sciences Corporation
– IMX on the
AMEX – a Massachusetts
company armed
with a boatload of physicists,
several promising
and varied products,
and not a bad looking
balance sheet, either:
near-zero long-term
debt and about $3 million
in cash. Unlike
TASR, it’s not in the
black - yet. In February,
it reported a diluted net
loss per share for the
quarter of $0.16. More
on that in a moment.
However, the company
has received $5.9 million
in government contracts
and grants, and
according to CEO and
founder, Dr. Anthony
Armini, the company is
not spending any of their
own money on explosives
detection research
and development.
- Continued on Page 2
IMX (AMEX) VS. TASR (NASDAQ) –
NOW THIS IS A REAL DUEL
The Quantum Sniffer is a real-time, non-contact explosives
trace detection device utilized to detect explosives
vapors and particles from surfaces.
First, a briefing on
the company’s technology.
Implant Sciences
uses ion technology to
develop, manufacture
and market products for
national security, industry
and medicine.
As you know, national
security is still a
hot subject. IMX is developing
a commercial
version of their Quantum
Sniffer, a hand-held explosives-
detection device
that has passed
real-world tests conducted
by the United
States Navy. The U.S.
Navy was so impressed
with the performance of
the company’s technology
that it has given IMX
a $1.9 million contract to
deliver three commercial
versions of its hand-held
trace explosives detection
devices this summer.
Once that happens,
the company could
receive orders for up to
400 more units , which
would sell for about
$25,000 each. It is also
developing a bench top
version of the system for
the Transportation Security
Agency (TSA), a division
of the Department of
Homeland Security. The
company expects to deliver
its first prototype
this summer. These
units will sell for approximately
$45,000 each.
This follows the
exciting news that IMX
has entered into an exclusive
agreement with
InVision (INVN) to jointly
evaluate Implant’s explosives
detection technology
for future incorporation
into automated explosives
detection systems
for airport screening
of passengers and
carry-on bags. InVision,
which also makes
checked-baggage bombdetection
machines for
airports, said recently it
expects 2004 revenues
of about $310 million.
One of the interesting
aspects of the company
is that the same
proprietary technology
that goes into its explosives-
sniffing equipment
is also used for its medical
devices. One example:
Working with a physics
team from Memorial
Sloan-Kettering Cancer
Center, it developed a
lower-energy radiation
source for the treatment
of breast cancer. The
ma c h i n e ’ s l e s s -
dangerous energy source
allows hospitals to avoid
spending $1 million each
on highly shielded rooms
needed to protect people
from competitors’ machines.
IMX vs. TASR - Continued
IMX Road Show
Schedule
March 25th, 2004
Boca Raton
6:30 pm to 8:30 pm (Dinner)
Demonstration at 7:15 pm
Boca Raton Marriott
5150 Town Center Circle
Boca Raton, FL 33486
April 8th, 2004
New York
12:00 pm to 2:00 pm (Lunch)
Demonstration at 12:30 pm
New York Harvard Club
27 West 44th St.
New York, NY 10036
April 8th, 2004
New York
6:30 pm to 8:30 pm (Dinner)
Demonstration at 7:15 pm
New York Harvard Club
27 West 44th St.
New York, NY 10036
April 22nd, 2004
Boston
12:00 pm to 2:30 pm (Lunch)
Demonstration at 12:30 pm
Omni Parker House Hotel
60 School Street
Boston, MA 02108
April 29th, 2004
Denver
6:30 pm to 8:30 pm (Dinner)
Demonstration at 7:15 pm
Loews Denver Hotel
4150 E Mississippi Ave
Denver, CO 80246
May 11th to 13th
Las Vegas Money Show
Booth # 808
4:15 pm Live Demonstration
on the 11th
Paris & Bally’s Resorts
3655 S. Las Vegas Blvd.
Las Vegas, NV 89109
Register Online at
www.runonideas.com
or call
1-800-644-6297
The Aurelius Investor - www.runonideas.com
Given equal performance,
which technology do you think the
hospitals are going to choose?
These low-radiation systems will
sell for around $300,000 each,
with annual maintenance fees of
at least $35,000. It’s estimated
that some 80 percent of U.S. hospitals
could use that technology –
a $150 million to $200 million
market opportunity.
Ion beam physics also enables
the company to sell equipment
for semiconductor manufacturing
(a high cash flow business
enabling R&D) and other medical
uses, including radioactive
“seeds” for treating prostate cancers
and eye cancer treatment
devices. New medical devices
are being researched as well, under
grants from the National Institutes
of Health. The company is
also developing a narcotics detection
system.
All of these markets appear
to have promise. The worldwide
market for explosives detection is
estimated at $1.9 billion. Bottom
line for IMX: Annual revenues that
started under $3 million in FY
1999 could conservatively be expected
to exceed $8 million in
fiscal 2004 which ends June 30.
Revenues could take a major
leap once the company commences
sales of its Quantum
Sniffer. The sale of only 400
Quantum Sniffers would swing
the company into profitability and
boost its revenues to almost $20
million.
Here’s where the comparison
with TASR gets interesting.
TASR was recently trading at a
price to sales ratio of about 40. If
sales of IMX’s Quantum Sniffer
reach $14 million and the stock
trades at 20 x revenues (TASR
has been trading at around 40 x
revenues), its share price would
reach $57.00.
Interestingly, the companies’
share structures aren’t all that different.
IMX has about 7 million
shares outstanding and a float of 4
million. TASR has about 14 million
out and 9.3 million in the float.
The big difference in the two
companies? TASR is a known
story. IMX is less known, but
promising, given that their Quantum
Sniffer technology addresses
a $1.9 billion explosives detection
market. And the word is getting
out. On Monday, March 29th the
stock closed at $14.95, near its alltime
high. The stock made a
41.7% move three days after a live
demonstration of its Quantum Sniffer
in Boca Raton, Florida to a
packed room of investors, fundmanagers,
and stockbrokers. The
CBS and FOX news affiliates in
West Palm Beach aired the demonstration
live reaching 120,000
viewers. The demonstration in
Boca Raton was the first of a fivecity
road show the company has
launched leading up to the delivery
of the commercial versions of its
Quantum Sniffers to the U.S. Navy
this summer.
Joanne Arsenault, director
of detection sales and marketing
for IMX, explained that the company’s
technology is based on ion
mobility spectrometry, which uses
lasers for ionization rather than a
radioactive source. The advantages
in explosives detection:
There is no contact with the target,
whereas equipment in use today
requires a worker to “wipe” areas
to be inspected and then hold the
wipe up to be “sniffed.” That
method also takes more time.
“Our product is faster because
they don’t have to collect a
sample,” said Arsenault. “It’s realtime
detection. That’s important
because TSA is not in the game of
bringing the country to a halt. They
are in the business of getting people
on their way safely.”
There are only two major
competitors, and both use a radioactive
source rather than lasers –
which makes their systems more
complicated and more difficult to
administer. And unlike the IMX
product, the competition has difficulty
detecting ANFO—ammonium
nitrate fuel oil (think Oklahoma
City) and black powder.
Arsenault said, “It’s difficult
to say exactly how quickly the
market will respond to this next
generation in explosives detection
equipment, because most of the
buyers are government and typically
have a long sales cycle.”
However, IMX’s winning strategy
has been to spread the Quantum
Sniffer word to DHS and other interested
government agencies
while the product is still in development.
There is a pressing need
for these products and they have
managed to generate enthusiasm
and communicate the superiority
of IMX Laser IMS technology to
the “right” people. They expect to
have waiting customers by the
time the production models are
available. “I think the sky is the
limit,” she said. “I am very encouraged.
I think this marketplace and
this product are winners.”
So why has TASR left IMX
so far behind? That’s tough to answer,
because the answer probably
lies somewhere deep in the
psychology of the market. The
more important question at this
point: Which company has already
had its big run, and which appears
to have its best in front of it? Taser,
overall, has a good product
and good management. But Implant
Sciences Corporation (IMX)
appears to be at the cusp of reaching
some very substantial corporate milestones.
mike13,, not a bad close on IMX,,, still waiting on 15-18 for full blow out.
best email of the day: Are you really that ignorant
petegunn,, none of my posts are intended as an attack on you or anybody,, just stating what I think- right or wrong
petegunn,, ditto,, time to breakour ties to our own barbaric ways,,, get educated,, go to school,,, DONT let your kids grow up to be monkey wrenches (factory jobs),, they have a brain,,, encourage, no, teach and expect them to use it,, and use it alot,,
(kerry)people calling for opec to pump more oil or let out some of the reserves,, it takes weeks to make oil into gas,,, opec has a BPD limit already set and ready to raise it,,, meanwhile everybody is already front running opec as usual. Ok just how bad is the gasoline impact?
Lets say 20 gal tank once a week at 1.75=$35.00x4weeks=$140
Ok, 20G x 2.00=$40.00 x 4weeks=160,, if $20 is gonna break the bank for a household,, they have bigger worries than gas and oil.
Sure there are unseen fuel costs,, the truck that stocks WMT,,,, so what does that translate into? Maybe +.05-+.10 per checkout.
Oh yikes,, such a big bill,, quick lets go hide in a cave.
petegunn, change takes time,,, sort of like,, well did you buy 1 of those kind of cars yet?,, Most dont trust new technology until it has proven itself,, remember electric cars when they first came out,, not that great,,, but they are inproving,, and change is coming,, it just takes time,, there are many large and small companies out there working on stuff like that,, alt fuels, and yes I have stock in a few,, most recently I bought and have posted DYMTF,, very early stage kind of stuff,,, but they are getting there,, and as they and others improve the process they will get investment $,, that leads to products.. We are too impatient as a society. Part of the problem of getting our silver spoons stuck in our mouths,, yes silver spoons- we are america,,, we have not had to live in a dictatorship or in a mud or grass hut,, but we sure can cry and throw temper tantrums.
petegunn, send an email back to them:
1) oil is the main product to make gasoline
2)gasoline is hugely under-priced here in america when compared other countries
3) did they do the same when we had candybars at .15 but now think nothing of paying .65 now
4)american demand has been growing at 3% per year,, but other countries are growing usage at 30%
5) when compared to the 1980's,, oil is about 1/2 price now inflationary adjusted
6) has it not occurred to anyone,,, that with all of the recent 'restatements' of reserves by the oil companies,, that just maybe,, those funny stats are now catching up with them.
I could go on and on, but I think I have made my point.
idnx, worth nibbling on the dip 6.15+/-
seeing volume surging coming in ,, UP
notice nobody asked IMX to get a pr to wake up the stock.
pretty much,, mms can steal on pr dependant traders,, they take it down to recent low to load up,,,,,,,,,,,,books
keeping my target,, and I understand mms and charts,, low open is a clue to those know what I am talking about
low open
yip,, remember frcp,, (mini-artx otc)
big T texas,, a country by itself! :)
mike13-
Implant Sciences Accepts First Purchase Order for a Commercial Quantity of Quantum Sniffer Explosives Detectors
Tuesday May 18, 8:30 am ET
WAKEFIELD, Mass.--(BUSINESS WIRE)--May 18, 2004--Implant Sciences Corporation (AMEX: "IMX", "IMX.WS") a developer and manufacturer of products for national security, medicine and industry, announced that the Rapid Equipping Force of the U.S. Army has placed an initial order for twelve (12) Quantum Sniffer explosives detectors to be delivered in our next fiscal quarter ending September 30, 2004. The Quantum Sniffer is the Company's hand-held, portable trace explosives detection device using the Company's Laser Ion Mobility Spectrometry ("IMS") technology. This purchase order represents the first order for commercial quantities of the Quantum Sniffer. These units may be used to determine the presence of, or confirm the absence of, common explosives in personal equipment, packages, postal mail and cargo that may be conveyed by persons, vehicles, watercraft, and aircraft entering U.S. controlled areas to reduce the workload of the Military Working Dog at the Point of Entry. The purchase order is for approximately $300,000.
ADVERTISEMENT
Dr. Anthony J. Armini, PhD., CEO of Implant Sciences, stated, "This purchase order by the Army signals our transition from a developer of explosives detection technology to a producer of commercially available security devices. Almost 5 years ago we embarked upon a mission to create an innovative explosives and toxic substance detection device. Our development efforts first validated that our Laser IMS technology could in fact detect trace residues of explosives materials from their vapors alone. That effort has resulted in the offering of a commercial product that will be utilized by the Army in their effort to protect our military personnel and installations. This important purchase order by the Army comes to us over 3 months earlier than our previous expectations. Our initial expectation was a potential production order following the successful field testing of three (3) "production ready" Quantum Sniffers, scheduled for delivery to the Navy in late September 2004. We are gratified by the Army's accelerated purchase order enabling the rapid commercial deployment of our long awaited technology."
Dr. Armini further commented, "Over the past five years we have expended over $6 million in Company and government sponsored funding to develop our Laser IMS technology which can be used in explosives and toxic substances detection applications. This funding has also been used to transform our developmental prototypes into commercial products, such as the portable Quantum Sniffer explosives detector. Over the past year we have also invested our own internal capital to execute an effective marketing and sales strategy necessary to acquire customers and orders, such as this first order by the Army. We have also made the necessary investments and allocated the necessary resources to ensure that the Quantum Sniffer can be produced in commercial quantities and in a cost-effective manner."
morning, :),, it is very nice out here today,, time is ticking,, I still got a ton of yardwork to do :)
hey, guy,, I am humored by the amtd complaints,, you guys have a great day.
9:05ct,, $nikk=10621 (+116) $ftse=4403 (-38)
dabb, thanks,, the long version,, very nice: GROW
Strong Performance Drives Significant Growth in Assets, Revenues and Earnings for U.S. Global Investors' Third Quarter
Monday May 17, 5:33 pm ET
SAN ANTONIO--(BUSINESS WIRE)--May 17, 2004--U.S. Global Investors, Inc. (Nasdaq:GROW - News; the Company), a registered investment advisory firm, announced it posted net income for the quarter ended March 31, 2004, of approximately $240,000, $0.03 income per share, unaudited, compared to a net loss of approximately $70,000, $0.01 loss per share, unaudited, for the comparable period last year. This is a positive reversal of more than 400 percent. For the nine-month period ending March 31, 2004, the Company posted net income of approximately $2.2 million, $0.29 income per share, unaudited, compared to net income of approximately $183,000, $0.02 income per share, unaudited, for the nine months ending March 31, 2003.
"These increases were largely due to substantial growth in the assets of the Company's gold, natural resource and foreign equity funds," says Frank Holmes, Chief Executive Officer of U.S. Global Investors. "The tremendous growth we have witnessed over the past year has largely been the result of the superior relative performance of our specialty funds, which in turn has led to strong recognition from the industry's leading rating agencies and a broader acceptance of these unique asset classes."
Revenues for the quarter ending March 31, 2004, were approximately $1.3 million, or 72 percent, higher than the quarter ending March 31, 2003. In addition, revenues for the nine-month period ending March 31, 2004, increased approximately $4.3 million, or 73 percent, as compared to the nine months ending March 31, 2003.
Expenses for the quarter ending March 31, 2004, were approximately $921,000, or 47 percent, higher than the quarter ending March 31, 2003. The expenses for the nine-month period ended March 31, 2004, increased approximately $1.6 million, or 28 percent, as compared to the nine months ending March 31, 2003. Consistent with increased fund assets and strong fund performance, certain sub-advisory fees, omnibus distribution costs, and performance-driven personnel costs contributed to the increases in expenses.
Financial Highlights (Unaudited)
U.S. Global Investors, Inc.
Quarter Quarter Nine Months Nine Months
Ended Ended Ended Ended
March 31, March 31, March 31, March 31,
2004 2003 2004 2003
----------- ----------- ------------ -----------
Total Revenues $3,216,977 $1,873,995 $10,183,043 $5,885,693
Total Expenses $2,869,649 $1,948,229 $7,329,230 $5,708,344
Tax Expense (Benefit) $107,431 $(4,384) $677,912 $(5,885)
----------- ----------- ------------ -----------
Net Income (Loss) $239,897 $(69,850) $2,175,901 $183,234
Basic and Diluted Net
Income (Loss) Per
Share $0.03 $(0.01) $0.29 $0.02
Weighted Average
Diluted Shares
Outstanding 7,551,696 7,486,856 7,534,856 7,470,222
Average Assets under
Management
($ in millions) $1,543 $1,070 $1,305 $1,080
About U.S. Global Investors, Inc.
U.S. Global Investors, Inc. is a registered investment adviser with a focus on profitable niche markets around the world. Headquartered in San Antonio, Texas, the company offers financial solutions and provides transfer agency and other services to U.S. Global Investors Funds and U.S. Global Accolade Funds. The groups consist of 12 no-load mutual funds that invest in a variety of investment options, from emerging markets to money markets. In general, trends in assets are the critical drivers of revenue and earnings trends. For more information about U.S. Global Investors and a prospectus for any of our funds, visit us online at www.usfunds.com, or call 1-800-US-FUNDS.
This news release may include certain "forward-looking statements" including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.
--------------------------------------------------------------------------------
Contact:
U.S. Global Investors, Inc., San Antonio
Public Relations:
Rolf Gatlin, 210-308-1268
rmgatlin@usfunds.com
or
Investor Relations:
Valerie Kimball, 303-703-1210
vkimball@epochfinancial.com
--------------------------------------------------------------------------------
Source: U.S. Global Investors, Inc.
not a bad day,,see you guys tuesday
not yet you dont,, re-read that article real close,, cnbc giving the sugar version
I sent it here,, up at the top of the page,, you may not be able to 'answer'
idnx- wiggly