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Hello all...knew Marie for years before coming over to Ihub. Today I was just hitting a few peoples alias on a couple of boards to see where they were hanging out and low and behold saw that Marie had a board....but on finding her board...I find she's passed away. I feel blown away and very sad.
Been a weird day....my IT friend was working on my Mac here at work and he got a call that his mom had just passed away. Do things really happen in 3's?? I hope not.
It's still 3:25 here on the west coast....but I'll be raising a glass or two tonight in memory to both Marie and my friends mom.
But I'll raise a virtual martini to Marie here. Cheers!
All the best to you guys.
Z
I'm so sorry to hear of her passing. We traded stock picks and message on RB and other message boards. You'll be missed. Condolences to her friends and family.
Zephyr/Alan
CRAY - Western Australian Supercomputer Program Chooses a Cray XT3 Massively Parallel System to Power Advanced Research
Market Wire - March 22, 2006 1:12 PM (EDT)
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SEATTLE, WA, Mar 22, 2006 (MARKET WIRE via COMTEX) -- Global supercomputer leader Cray Inc. (NASDAQ: CRAY) today announced that the University of Western Australia will install a Cray XT3(TM) system as part of the Western Australia Supercomputing Program (WASP). Among the research activities planned for the new supercomputer are major large-scale computational studies and simulations in the areas of geophysics, chemistry, astrophysics, biology, rock mechanics, genetic epidemiology, physics and quantum mechanics, and water research.
WASP's charter is to integrate large-scale information from different disciplines and multiple spatial and temporal scales, enabling the cross-fertilization of algorithms and integration of common computational techniques in order to advance science in a number of fields. The Cray XT3 system was funded in part through a grant from the Australian Research Council under its Linkage Infrastructure Equipment and Facilities program.
"The advanced research and scientific modeling that the Cray XT3 supercomputer can support represents modern science at its optimum," said Assistant Professor Karen Haines, WASP director. "The Cray XT3 system will give us the computational power needed to accomplish the analysis and modeling calculations for these models. The installation of the supercomputer is an essential precursor to the type of facilities that we envision will be necessary to handle the enormous computing demands of the major science projects planned for Western Australia over the next decade, such as the Australia Telescope National Facility Extended New Technology Demonstrator (xNTD) program that will be conducted under the auspices of the Australian Commonwealth Scientific and Industrial Research Organisation."
"We are excited to have been selected by the University as a partner in the WASP program, helping users develop the skills required to carry out leadership-class computational simulations," said Cray President and CEO Peter Ungaro. "Research and academic institutions worldwide are taking advantage of the balanced processing, communications power and exceptional scalability of the Cray XT3 supercomputer to enable breakthroughs in a number of important scientific and engineering fields."
Shaking my head here also Buzz...not in.
agreed....I think market moves to high ground...even with some continued fed tighing. If oil backs off to the low 50's could turn this market into a bull run.
Bush effect more likely >>>The market was under pressure for most of President Bush's speech," said James Park, managing director of Rodman & Renshaw. "Once that was over, tech led a rebound on gains for Intel and a turnaround in shares of Oracle."
"And traders that were short playing recent weakness and volatility in tech were caught with their pants down," Park added.
In a White House news conference, President Bush defended his fiscal policies, saying the U.S. economy "looks very strong." Bush said he would continue to press Congress to make his first-term tax cuts permanent, arguing that allowing them to expire would be equivalent to a tax hike that could slow the economy.
Earlier, investors mulled a speech from Federal Reserve Chairman Ben Bernanke.
Paul Nolte, director of investments at Hinsdale Associates, said the Fed chief's speech was "a non-event for the market," as the Fed chief played his cards close to his chest on the subject of interest rates.
Bernanke, in his speech to the Economic Club of New York, focused on the implications of the recent inversion of the yield curve on the bond market, and gave few hints on the future course of interest rates. See full story.
But Gordon Fowler, chief investment officer at The Glenmede Trust Company, took a different tack.
"A lot of optimism that closed the week may have been slightly diminished by chairman Bernanke's speech last night," said Gordon Fowler, chief investment officer at The Glenmede Trust Company.
Fowler said investor hopes had risen that the Federal Reserve would end its cycle of interest-rate hikes at the upcoming March 28 meeting. But now, says Fowler, the odds have risen for a further rate hike at the central bank's May meeting as well as further on down the road.
The fed fund futures market continues to price in a 100% chance of a 0.25 percentage point interest rate hike following the Federal Reserve's policy setting meeting on March 28 in the wake of Bernanke's speech late Monday. Expectations for a hike following the Fed's May meeting, however, increased slightly. The market is now pricing in a 60% chance of a hike in May vs. a 52% chance on Monday. Over the last two years, the Fed has raised its key short-term rate 14 times. The Fed funds rate now stands at 4.5%.
On the broader market for equities, decliners and advancers were evenly balanced on the New York Stock Exchange, while winners led losers by 15 to 13 on the Nasdaq.
Volume was 592 million on the Big Board, and 1.02 billion on the Nasdaq.
Mixed wholesale inflation picture
The latest data offered a mixed inflation picture. The Labor Department said that wholesale prices plunged 1.4% in February, the biggest decline in nearly three years.
Economists expected the PPI to fall about 0.3%.
However, the core producer price index -- which excludes food and energy prices -- rose 0.3%, stronger than the 0.1% gain expected by Wall Street economists surveyed by MarketWatch. See Economic Calendar.
probably this >>> PPI falls 1.4% on sagging energy prices
Core rate rises more-than-expected 0.3% in February
lol! we'll see. watching. eom
too much coffee? eom
HYGS news from this morning...Hydrogenics Awarded Contract to Supply Hydrogen Generators to China`s Largest Energy Companies
March 21, 2006 07:30:01 (ET)
MISSISSAUGA, Ontario, Mar 21, 2006 (BUSINESS WIRE) -- Power Plants Represent Growing Market for High Purity Hydrogen
Hydrogenics Corporation (HYGS, Trade), a leading developer and manufacturer of hydrogen and fuel cell systems, today announced that it has received orders to supply electrolysis-based hydrogen generator plants to two of China's largest energy companies.
China Electric Power Energy Group and China National Power have each purchased a HySTAT-A Hydrogen Plant, capable of producing 10 Nm3/h of high purity hydrogen at a pressure of 25 bar. In both cases, the hydrogen produced will be used to cool the generators in a coal-fired power plant. Delivery of both orders is expected to take place in 2006.
"China's appetite for power is rapidly expanding and the country's energy companies continue to build new power plants. This is a growing market today for our world-leading onsite hydrogen products," said Pierre Rivard, Hydrogenics President and Chief Executive Officer. "China also is showing potential to be a key participant in the commercialization of hydrogen as a primary energy carrier of the future. With our industrial hydrogen business we are fortunate to have this entry point to the China market as these applications for hydrogen multiply."
Hydrogenics was awarded the contacts after a rigorous public bidding process that focused heavily on safety and reliability. China Electric Power Energy Group and China National Power have both purchased hydrogen generators from Hydrogenics in the past. Over the past four years, Hydrogenics has sold 12 hydrogen generators to Chinese energy companies.
About Hydrogenics
Hydrogenics Corporation (www.hydrogenics.com) is a leading global developer of clean energy solutions, advancing the Hydrogen Economy by commercializing hydrogen and fuel cell products. The company has a portfolio of products and capabilities serving the hydrogen and energy markets of today and tomorrow. Hydrogenics, based in Mississauga, Ontario, Canada, has operations in North America, Europe and Asia.
ELN news...more cash for Elan's coffers. >>> Elan Closes Sale of Rights to Prialt In Europe to Eisai
March 20, 2006 16:30:01 (ET)
DUBLIN, Ireland, Mar 20, 2006 (BUSINESS WIRE) -- Elan Corporation, plc today announced that it has completed the sale of the rights to Prialt(TM) (ziconotide, non-opioid severe chronic pain agent) in Europe to Eisai Co., Ltd. Under the terms of the sale, Elan received approximately $50 million at the closing and will receive a further $10 million on the earlier of two years from closing or the launch of Prialt in key European markets, and may receive an additional $40 million contingent on Prialt achieving revenue related milestones in Europe. Elan retains the product rights in the United States.
AAC - pump'n ))))
IWEB news....IceWEB(TM) Retains Alliance Advisors to Initiate a Proactive Investor Relations Program
Business Wire - March 20, 2006 1:25 PM (EDT)
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HERNDON, Va., Mar 20, 2006 (BUSINESS WIRE) -- IceWEB, Inc. (OTCBB:IWEB) today announced that it has retained Alliance Advisors, LLC, an affiliate of Hayden Communications, to initiate a proactive and targeted investor relations campaign. Alan Sheinwald, President of Alliance Advisors, and his team will be advising the Company in all facets of a proactive investor communications program.
Alliance Advisors will provide IceWEB with a premier information resource to institutional investors, hedge funds, independent portfolio managers, buy-side and sell-side analysts, small to large retail brokerage firms and accredited individual investors. Alliance will leverage its recognized investment management team to help capitalize on IceWEB's proven assets and growth opportunities. Additionally, they will work with IceWEB to extend market development, investor awareness programs and shareholder communications. Alliance shall provide advice to IceWEB about the financial marketplace, competitors, business acquisitions and other aspects of or concerning the Company's business about which Alliance has knowledge or expertise.
"This is an exciting time of growth and expansion for IceWEB," said John R. Signorello, Chairman and CEO, IceWEB Inc. "The team at Alliance Advisors is well-respected and have a proven track record on Wall Street. We have experienced recent success with our latest acquisition of PatriotNet and the expansion of our indirect sales channel which is beginning to deploy the IceWEB network of products including Microsoft Exchange and Blackberry services. We are confident that Alliance Advisors will further assist us in communicating our story and recent achievements as we strive for additional success."
Mr. Sheinwald commented, "IceWEB continues to execute their strategic plan while achieving key milestones in connection with its goal of supplying industry packaged solutions and tailored services to help strengthen the success of small and mid-sized businesses. The company's recent success combined with its strong product of creating a smart enterprise suite that allows small businesses to emulate large IT infrastructures at an affordable price makes IceWEB's a compelling story to tell. The timing is right to raise the level of awareness of IceWEB with the investment community."
little CHTR pumper joins the fray.... marketgainer.com: Reporting on Charter Communications Incorporated
M2 COMMUNICATIONS - March 20, 2006 12:56 PM (EDT)
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Mar 20, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Today's activity on the Nasdaq exchange has brought Charter Communication Incorporated (NASDAQ:CHTR), to the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer. Charter Communications Incorporated through its subsidiaries provides broadband communication services in the United States.
Charter Communications Incorporated is on the verge of a record day, inching up to their 52 week high to currently trading at $1.07. The market sentiment for this company is up, having traded well over 2.8 million shares (at the time of publication). Something to consider is the company has not released any sort of corporate development to justify their current levels, however the company did announce on Friday that they issued a conference call that indicated that capital expenditures for the roll-out of the Company's telephone product during 2006 which is expected to be approximately $230 to $260 million. This amount is included in the $1 - $1.1 billion in total projected 2006 capital expenditures which had been previously disclosed. Needless to say, Charter Communications Incorporated is a company that we will be keeping a close watch on over the coming weeks.
nice move up on the POS ipwg from last fridays news...fwiw...
bought more IFUE, AVCI. LCCI, LMRA. eom
AAC just had some news a little bit ago...not that it's doing much with it. lol! fwiw.
also selling a some of my BRCD and NOK. ))
Selling a little GLBC ))
ahhhhh thanks. eom
some of you may remember this POS I played for a triple...well they put out some news today and the chart's starting to look interesting again. fwiw and do your on DD AND be careful!!
hogs - until the fat lady starts tunning up...it's still a play.
yep still holding PPHM also.eom
I'll be long gone by the time they do. LOL! eom
GTE news --- GlobeTel to Revise Payment Terms of Agreement with Internafta, Extend Time for Payment
Friday March 17, 2:52 pm ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 17, 2006--GlobeTel Communications Corp. (AMEX:GTE - News) today announced that based upon differences between the Company and Internafta on the financing process, the parties have agreed to revise their agreement to more accurately reflect the timing of payments GlobeTel expects to receive for the build out of the 30 city wireless network in Russia and allow Internafta additional time to begin making payments.
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Internafta has informed GlobeTel that its bank recommends that smaller, more frequent, progress payments be established so that the necessary staged payments can be delivered to GlobeTel as and when the network is delivered and installed. These smaller, more frequent, staged payments do not reduce the total capital value of the agreement with GlobeTel Wireless or change any other terms of the agreement. GlobeTel will still receive $600 million for deployment of the network. The exact amount of the new proposed initial deposit, and the size and timing of the new proposed progress payments, will be discussed and agreed with GlobeTel once the bank has completed its due diligence and when the bank group formally accepts the terms of Internafta's proposed banking instrument.
The December 2005 contract called for four equal payments of US$150 million each, of which the first payment, representing an initial deposit, was to be received by GlobeTel in January 2006. On January 23, 2006, Internafta presented to GlobeTel a document represented to be a Standby Letter of Credit drawn on Banco do Brasil S.A. (Rio de Janeiro) in the amount of $300 million. This Standby Letter of Credit was provided to facilitate the first phase of the network construction. The banking instrument had a maturity date of two years and needed to be confirmed and accepted by a correspondent bank before GlobeTel could receive any funds from the instrument. The terms and conditions of what constituted an acceptable and functional banking instrument as it related to the December 2005 contract became a matter of interpretation between the parties. After extensive negotiations, Internafta agreed to take sole responsibility for facilitating the financing of their banking instrument in order to be able to present readily-available funds to GlobeTel.
Timothy Huff, CEO of GlobeTel stated, "We are in constant communication with Internafta and believe that so long as we feel they are continuing to work in good faith and so long as substantive progress is being made on the transaction, it is in the best interests of GlobeTel and its shareholders to allow the process to continue to its ultimate conclusion. This is a very large transaction that requires solutions to many commercial issues, the implementation of tailored banking facilities, and the conformance to many international treaties, regulatory requirements and legal matters. The parties continue to work in good faith and remain committed to building a state-of-the-art wireless network in Russia. We feel that the process must be given every reasonable opportunity to succeed given the commercial stakes involved."
GlobeTel is in regular contact with Internafta, both in person and via a series of telephone conference calls, concerning the progress of the transaction. Floyd Bradley, Managing Director of GlobeTel Wireless, met with Maxim Chernizov, the Director General of Internafta, on March 13th and again on March 15th in Germany in order to represent GlobeTel's interests in the ongoing banking process.
During those discussions, Internafta informed GlobeTel that its banking instrument is being syndicated by a consortium of banks and that the lead institution is a major European bank, instead of the bank that GlobeTel had started the process with. Internafta has stated that the banks have successfully completed their due diligence regarding the underlying assets of Internafta's shareholders that collateralize the banking instrument. The remaining financing procedures are now under the control of the lead bank, and GlobeTel has been told by Internafta that all financial institutions involved in the syndication process are attempting to facilitate the transaction on a "time-is-of-the-essence" basis.
However, Internafta has also informed GlobeTel that the lead bank requires additional time in order to secure an external expert opinion to verify both the feasibility of, and GlobeTel's ability to implement, the business plan for the Russian network. GlobeTel has been told that the bank and its external expert advisors are currently evaluating the business plan that was developed by GlobeTel as part of the commercial justification of the planned Russian network. This expanded version of the business plan was recently delivered to Internafta as required by the lead bank's project financing and due diligence process.
GBLC weeeeeeeeeeee!
hogs....I'm thinking it's news concerning the Russian deal that might have went through. We'll see.
snip...
GlobeTel Provides Update on Closing of Russian Transaction
Friday March 3, 9:42 am ET
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 3, 2006--GlobeTel Communications Corp. (AMEX:GTE - News) today announced that it was notified today by LLC Internafta that the close of the transaction providing the funding for the installation of wireless networks in 30 cities throughout the Russian Federation, scheduled for March 2, 2006, has been delayed by the bank until next week due to internal bank scheduling. The transaction is being syndicated by several tier one European Banks.
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Timothy Huff, CEO of GlobeTel stated, "Internafta has reassured GlobeTel that the transaction is in its final stages. This has been a suspenseful time for our shareholders, and for us, as we wait for the network to begin its deployment. Internafta and GlobeTel do not control the timing and events in this banking transaction."
LLC Internafta's Director General Maxim Chernizov added, "We are confident that all the issues will be resolved in the upcoming few days not weeks. We have been working together with the staff at GlobeTel Wireless for many months on this transaction and I feel that we are at the last few steps in a very complex banking process. We are committed to this transaction and still remain very excited about providing a state-of-the-art wireless network to the people of the Russian Federation."
Timothy Huff went on to say, "This transaction will not be allowed to be left hanging open with continuing delays. I believe it is in the best interest of GlobeTel to continue to work with Internafta as long as I believe that the transaction is moving forward and that both parties are working in good faith to finalize it."
The network will be operated by NuTel Wireless ("NuTel"), a Russian company 100% owned by a European Joint Venture company established by GlobeTel and Internafta. Each party will own 50% of the shares of the European JV company that owns NuTel.
AAC picking up some more pumpers lol >>>
marketgainer.com: Market Gainer Tracks Todays Slide Of Ableauctions.com
M2 COMMUNICATIONS - March 17, 2006 1:03 PM (EDT)
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Mar 17, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets.
Ableauctions.com (AMEX:AAC) has gotten the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains that the small-cap Canadian and American exchanges offer.
Ableauctions.com (AMEX:AAC) announced that the three-day JM Wood auction held March 8th, 2006, sold approximately $1.5 Million to the Internet with the Internet bidding influencing over $12 million of revenue. Some of the highlights of the auction include the following sales.
This event marks JM Wood's largest auction to date. JM Wood "embraces the Internet auction sales and sees them as a huge plus to the business," explains John Gray, Vice President of JM Wood Auctions Inc. "The Internet has brought significant exposure to the auction house with 2nd and 3rd bids significantly increasing the sales volume. The Internet is just as important as the floor bids, and has become a vital part of the business."
Following this announcement, Ableauctions.com (AMEX:AAC) is trading up over 5% in early trading. The Market Gainer Research Team will continue to gauge the short and long term affects that this announcement will have on the company.
M.G will continue doing research on Ableauctions.com both short term and long term, and invite any shareholders to our site, where you can partake in communicating with other investors on the company.
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sold half back in January...holding shares that avg. now at $1.50.
We'll see hogs )) either way I win
)) eom
CHTR bounce continues. ))
BRCD busting on to new 52 week highs. )))
GTE halted...news pending...finger on the sell or buy button. eon
ROTFLMAO!! Zeptepi is an Ancient Egyptian term. Mythologically, zeptepi refers to THE first time - the time when the world was created and the Gods walked the earth. This was a time of perfection, when all was well and everything worked as it should.
I like the way you speak eom
sold half my INKS...let the free shares ride....Giddy-UP!
It's a full moon Buzz eom
aac reported on 3/30 last year...so some time around then. eom
maybe if KOPN can really turn the corner and get the PPS back closer to the 200 day line. Looks like it's tried twice and failed.
oh ya that was them Buzz...wink wink! LOL! eom