Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Great points, Gbathat. Remember the PR said the 20 minute presentation would be about strategic goals of the company (not a software demo). I would not be surprised at all if more of the iceberg is revealed this week.
Hi, Mtncabin. Thanks for the reply. I wouldn't be surprised at all if Paul decided to deliver more good news right before, or even at the conference. The latest PR mentioned that the 20 minute presentation would be "on the company's strategic goals" - not a demo of the software.
I think it will be something to look forward to.
Hi, Wing. Those who have known about Spooz for a while and who believe in the company's potential are quite probably close to being tapped out.
When the company an its products get more exposure, (the expo is a great opportunity for this) I think new buyers coming in could move the pps higher - like we saw in July when Spooz started the demos to the pros.
I think what we have learned today is excellent news, as Wall Street professionals are a prime audience for Spooz. While we all would like to see rapid rises in the pps, IMO it is more important for Spooz to make sensible, deliberate steps to build awareness and establish themselves as a viable and reputable company.
We may not see a spike in the pps right away, but I believe this is an excellent opportunity to network with the pros and increase the visisbility of Spooz in the financial community.
All IMO,
Songbird
Evidence here that Spooz's involvement with the Kauderer group is bearing fruit. Spooz is at ValueRich at the invitation of the Kauderer group.
I am sure that there are quality control standards in place for who gets invited to the expo so the Wall Street pros are not wasting their time. Another sign, IMO, that Spooz is a viable company with much potential.
GM, All. I just had a thought about the expo. Not only will Spooz be presenting to prospective financiers for the company, but they will also be demonstrating their products to financial institutions who are potential users of these products.
Hi, Wing. Things are looking good for Spooz IMO. Deliberate and orderly progress. Beta testing will give the professionals time to get comfortable with the software, and if it is as good as we are led to believe, they will not want to go back to using any other system. When the launch rolls around, there should be many immediate subscriptions. Also, the pros will likely not be using SpoozToolz only - they will probably be testing the autospreader and charting module which are higher priced.
With pros aleady using the software successfully, and if they really are gaining the "edge" that the pros all seek, once the release rolls around, the news is likely to spread rapidly in trading circles. We could see rapid adoption in the professional world.
All IMHO.
Songbird
Thanks for the clarification, Gbat. That seems quite a lot more realistic. And I think you are right, the projections will change as new, previously unforseen opportunites arise.
Morning, all. I am a little wary of trusting in the $450m revenue projection for 2008. This comes from the Wallstreet.net site whose origin is a little mysterious.
I have never heard anyone from Spooz quote this number - their PR on revenue projection projects $29,474,886 in 2008. http://www.spooz.com/press_details.aspx?ContentID=100
It seems to me that Spooz is proceeding in a deliberate, logical way which bodes well for the future. They don't want to bite off more than they can chew at the outset - it makes sense to establish revenue streams from the low hanging fruit - the professional trading community - before they expand to the retail world. The pros need much less customer support - individual investors will need lots of education & help as they learn such a complex program as SpoozToolz.
I think Darryl has described most of those who contribute to the board quite nicely:
"Investors look for companies with growth potential, buy stock and hold sometimes for years to achieve growth value. This method requires that the stock be a solid well run company with potential to grow and good DD or luck"
Thanks for the updates today, Martingale and Stocrates.
Thanks, Gbat and everyone else for your answers to my question. I wonder how closely the pps of Spooz and 141 will track each other.
Hi, all. I'm wondering if anyone thinks there will be selling of stock in SPZI to buy stock in 141 when it comes available.
I liked this part:
"All financial presentations will be Webcast by Onstream Media (NASDAQCM: ONSM) for 180 days after the event"
http://www.ad-hoc-news.de/Aktie/12718105/News/13472533/RESEARCH.html
Thanks, IW, for your thoughts
I do wonder, however, if Spooz will be granting SWARM licensing for other companies trading futures and derivativs outside the purview of the CFTA, since the first PR mentions an exclusive futures and derivatives trading license for 141 Capital.
I tend to believe that since SWARM technology provides such a competitive edge, and that 141 Capital is so closely linked to Spooz, that the deal between Spooz and 141 will ensure that no other entity will be permitted to use it. I would also think that there would be strong incentives to keep the technology top secret - another reason for 141 Capital to have exclusive use of it.
I could be wrong - but this is the way I read the PR. Certainly not bashing here!
I agree, Allie. I think we should have all gotten quite good at waiting over the last few months. A few more days shouldn't make too much difference :)
Agreed, pbrain
I think there is more going on than the 2 PRs about SWARM we have seen this week. Part of Paul Strickland's email to moneynmetals on 9/26 after the first of the releases:
"The press will begin coming frequently. This is simply the tip of the iceberg. I realize that this is somewhat cryptic, however, the picture we are painting here will become clearer as we explain more about our strategic positioning and execution initiatives."
I am sorry - I did not mean to imply anything negative about Paul's integrity. I really do believe he would not do anything that he did not think was in the best interest of the shareholders.
I was just thinking of a possible long-term scenario. I believe a buyout might be on the table at some point, and I believe Spooz have said that would be a possibility in the future.
Of course this is all speculation, and please forgive me, everyone, if that was out of place here.
Songbird
I agree - I really do believe that Paul has the best interests of all shareholders at heart. I don't think he would sell Spooz at a bargain price.
But if the time came when a fair (from Paul's point of view) offer came along, I think he might happy to move over to working with SWARM in 141 capital.
All JIMHO
OK, to change the subject - What do you folks think about this: (Please forgive my open speculation here)
If Spooz were ever to have a buyout offer that they felt was fair, do you think that Paul and Co. would walk away from all their involvement in the financial markets and the technology they have developed into retirement - or would they want to continue with a venture that they believe will be profitable for a long time to come?
It seems to me that the creation 141 Capital might set up a perfect exit strategy for Paul and some of the other insiders. If Spooz is bought out, they (if they are officers in 141 Capital) would have a perpetual license to use SWARM and perhaps start their own hedge fund. At the core, Paul seems to be a futures trader - that is the area he has worked in his whole life - and SWARM would allow him to keep doing that.
Please understand this is all IMO.
I think the two PRs about SWARM and 141 are the reason for the lack of talk about SpoozToolz. I wouldn't be surprised if we hear more about ST soon.
Seems to me there are two possible interpretations of this statement.
1. The shares of 141 will be trading in the public market
2. 141 will be trading with investments from the public
Not sure which is the case.
Deutsche Börse Group is far more than a mere marketplace organizer for the trading in shares and other securities. It is the largest exchange organization worldwide. With advanced technology it affords companies and investors access to global capital markets.
Deutsche Börse has a broader basis than any of its competitors. Its product and services portfolio covers the entire process chain: including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems. With its process-oriented business model, Deutsche Börse increases the efficiency of capital markets: issuers benefit from low capital costs; investors enjoy the advantages of high liquidity and low transaction costs.
More than 2,900 employees service customers in Europe, America and Asia. Deutsche Börse has locations in Germany, Luxembourg, Switzerland, Spain and the USA, as well as representative offices in London, Paris, Chicago, New York, Hong Kong, Dubai, Singapore, Tokyo and Moscow.
http://deutsche-boerse.com/dbag/dispatch/en/kir/gdb_navigation/about_us
Plus we don't know what the licensing revenues will be. You can bet that Paul & co., who know the value of SWARM, will make sure their license fees will be commensurate with the value of the SWARM program.
Thank, nsomniyak - that is a very good point.
From Paul's email today, it seems like Spooz might find itself in a bit of an awkward situation when trying to sell software solutions to brokerages if they were competing for these brokers' business by running SWARM in house for investors.
When the PR states that 141 Capital will have an "exclusive futures and derivatives trading license granted by Spooz", does that mean that no one else will be using SWARM?
Just noticed on the 141 Capital page a section titled "Daily Track Record (information to come)" So we will see daily SWARM results.
This article got me thinking:
Reuters
Microsoft in talks to invest in Facebook: report
Monday September 24, 4:32 pm ET
SEATTLE (Reuters) - Microsoft Corp (NasdaqGS:MSFT - News) is talking to Facebook about buying a minority stake in the fast-growing online social network that could value the company at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
Citing people familiar with the matter, the Journal said the world's largest software company sought to buy a stake of up to 5 percent in Facebook for $300 million to $500 million.
Facebook, led by its 23-year-old founder and Chief Executive Mark Zuckerberg, may insist on a valuation as high as $15 billion and is considering raising up to $500 million in cash to expand its operations, according to the Journal... (article continues)
http://biz.yahoo.com/rb/070924/microsoft_facebook.html?.v=2
It is the structure of the possible deal that is interesting to me (I'm not saying MS is involved with Spooz). MS is reportedly interested in buying a minority stake in FB, they are willing in inject millions of dollars which will result in an increased market cap for Facebook. Facebook is looking for millions of dollars to expand its operstions.
Sounds like a familiar scenario to me.
All speculation, of course.
Songbird
Thanks, Chris - I remember this PR which states that ST will be able to use TT's gateways for order routing and trade execution.
I am just wondering if there are more developments in Spooz's relationship with TT.
There has been some speculation regarding possible deals with Trading Technologies. While we're speculating, take a look at this quote from the TT web site. (Note the last sentence):
TT continues to make substantial R&D investments to pioneer advanced software.
TT built the industry's fastest and most powerful order entry platform...but we're not content to rest on our laurels. We continue to lead the market by developing innovative features and functionality for the X_TRADER platform. We are enhancing the functionality of our Autospreader® and Autotrader™ tools, which are among the most sophisticated automated toolsets available today. We're leading the industry in the development of FIX protocol connectivity. We're continuing to evolve our patented MD Trader®, which has become the de facto standard for market depth display. We're adding functionality to the X_RISK® suite of risk management products. We're expanding the global reach of TTNET™ with additional hubs in key trading geographies to serve our multi-national customer base. And that's only some of what we have in store for the future.
http://www.tradingtechnologies.com/about.aspx
I could be way off base here - but about all we can do at this point is speculate!
Very good point, Shinebox.
Regarding Fractalz3 - it is now listed as one of the modules on the SpoozToolz site. It says "coming 2008".
One benefit of having a behind-the-scenes launch among trading professionals is that Spooz will be kept off competitors' radar screens for a period of time. If public announcements are made after there is an established user base, there is a significant competitive advantage.
I'm not sure that competitors will show up very soon anyway, but if Spooz is successful they will be bound to appear at some point.
Wing,
Darryl Dennis' email yesterday was very revealing, imo, as to the strategy of the company. He said they were starting by putting their technology through its paces in a very rigorous environment. This would be a great quality control exercise - they will catch bugs, get experience with customers' experience with the software and build up a knowledge base that can be used down the road. (I think the plan is to have a large web-based support system eventually)
Also he said "This strategy also enables Spooz to ramp up customer volume and secure quality customer operations before taking on a high volumeof retail sales"
It sounds like a smart stragety. Customer service and support will need to grow as the customer base does. They can't bite off more than they can chew right away.
All IMO
Songbird
Wouldn't employees of a company working with Spooz behind the scenes & inside the quiet period be prohibited from purchasing shares (insider trading)?
It is also possible that NDAs are in effect for people using ST - preventing the word from spreading
Allie found this on the SpoozToolz website:
http://www.spooztoolz.com/training.aspx
It says here "SpoozToolz is currently only available to select proprietary trading firms"
Darryl mentioned that there are multiple products in play. I suppose it might be possible to get a PR about one product while they still remain quiet about another.
I have to say they are doing a great job of being quiet - IMO it shows commitment and professionalism.
I'd buy that, too!
Does someone want to write "SpoozToolz for Complete Idiots"? I'd buy it. :)
Hi, Wing,
Are you thinking a buyout is a possibility this early on in the game?
Best,
Songbird
In addition, Allie, I understand there will be a template library so that users will not have to create systems from scratch. Spooz also has a Developer Affiliates program where template creators can sell templates through Spooz (http://www.spooztoolz.com/dev_affiliate_requirements.aspx)
Users will also, I presume, be able to share templates with one another.