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Combating Wi-Fi's Evil Twin
"Just when wireless hot-spot surfers thought it was safe to get back into the water, hackers have come up with new methods for mimicking corporate Web sites and intranets in the 802.11 environment."
See the Full Story:
http://www.newsfactor.com/story.xhtml?story_id=31469
That's funny!
mike
Hey Chip, do you realy think Phil is reading the boards? The addition of some more info (especially the new Web) will for sure help (at least the new folks, that might look into this). As for the forward looking statements I'm very happy with what he gave us in the last PR. Thinks look very good here, IMO.
Mike
1. MobilePro to Present at Micro-Cap Investors Summit
via COMTEX
March 18, 2005
BETHESDA, Md., March 18, 2005 /PRNewswire-FirstCall via COMTEX/ --
MobilePro Corp. (OTC Bulletin Board: MOBL) announced today that Chairman and CEO Jay Wright will present at the Wall Street Reporter's Micro-Cap Investors Summit sponsored by the Wall Street Reporter in New York City at the Lotus Club on March 24 at 11 a.m. EST.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040414/FLWLOGOLOGO )
Wright will provide investors with an update on the company's progress and strategic initiatives. Only six companies were selected to present.
Wright said, "I look forward to the opportunity to update top analysts, portfolio managers, private investors, newsletter writers and other interested parties on the progress MobilePro is making in growing our business, our acquisition pipeline, and our wireless initiatives."
The conference will feature a panel of leading microcap investors at Wall Street Reporter's "Smart Money Roundtable," including Tobin Smith from Changewave Research, David Grin of Laurus Funds and Thom Waye of Sigma Capital Partners.
Additional information and registration for the conference may be found on the website http://www.wallstreetreporter.com/mis or by calling Herman de la Roche at (212) 363-2600, ext. 222.
2. The other companies presenting:
Following the roundtable, CEOs of seven up-and-coming micro-cap companies will make investor presentations, including:
MobilePro Corp. (OTCBB:MOBL - News)
MobilePro just closed on a series of acquisitions which put it on track to $100+ million in revenues this year. MobilePro CEO Jay Wright will give a complete look at this wireless technology and broadband telecom company's exciting prospects for the months ahead.
Novadel Pharma Inc. (AMEX:NVD - News)
Novadel is developing lingual spray delivery systems for OTC and prescription drugs. CEO Gary Shangold will discuss Novadel's new partnership deals and the profit potential of the company's technology platform.
Small World Kids, Inc. (OTCBB:SWKD - News)
This fast growing toy company forecasts sales of $34 million in 2005. CEO Debra Fine will present an inside look at the company's hot new product lines, recent acquisitions, and her plans for future growth.
Asia Payment Systems, Inc. (OTCBB:APYM - News)
Asia Payment Systems is rapidly building a third-party credit card processing network in China and throughout Asia. The growth of China credit card transactions over the next 10 years will be massive and unprecedented in terms of scope and demand for processing infrastructure. CEO Matt Mecke will reveal Asia Payment Systems' strategy for capitalizing on this opportunity.
ICOA Inc. (OTCBB:ICOA - News)
With revenues up more than 360% in 2004, ICOA is moving aggressively toward its goal of being the national leader in Wi-Fi networks and services. ICOA's President, Rick Schiffmann, will discuss his company's recent news and plans for WiMax and VoIP opportunities.
Opthalmic Imaging Systems, Inc. (OTCBB:OISI - News)
This company is a leading provider of opthalmic digital imaging systems, and recently reported its 12th consecutive quarter of solid profits. Opthalmic Imaging will explain how a recent financing and exciting new product launches will impact growth.
Huge volume today. Close to 20 times last month average. We only had this type of a Volume jump last year before it went to 0.34. As Climber (from RB, who is taking his time to keep in touch with the Mgmt. and from his East coast location visit the Co in Ca) said tonight "thinks are looking REAL rosy." I don't know how "rosy" they look, but sure enough the numbers for the last Q (close to 400% up compared to last year winter Q), and the prospects (8MM backlog) for this one are certainly so much better compared to last year. So, I feel your wish (Quacker) of $0.5/share has a good chance to become a reality very soon.
From Climber's (arguably one of the most vested ootsider individual, and one of the true longs with GDVI) post tonight: "Modtech LOST 9 million last quarter. With the closing of 2 major players in California, we are ready to pull an end run around the pack and LEAP forward. Just got off the phone with Phil. Things are looking REAL rosy."
PS: Climber, if you read this MB, I hope you won't mind me quoting you. I only can read RB posts (using the "Board Central"), but can't post there myself for some reason.
http://www.boardcentral.com/aios/aios.cgi
Mike
"It's not a question of if MOBL'S stock will fly but only when....."
Soar,
It will, no doubt about it. As soon as the NAS merger in announced, "we'll fly." Next week should be good to MOBL, IMO.
Mike
"do you think this might hit .50 would be sweet if it did.quacker"
Quacker,
Good chance, indeed. The winter months are not good for construction business, yet GDVI somehow managed to come up with good numbers (close to 400% increased revenue compared to the same Q of last year), and if you read the SEC release, they are already EPS positive (small, but positive). With the significantly increased backlog, I expect this Q the financials to improve significantly (check out the last PR's), which should send the graph on the same path as last spring (it went from 0.02 first to 0.285, and shorthly thereafter to 0.34).
Mike
Hey Pirate, are you loaded up? I think this will start moving soon.
PS: Are you and Pirate from RB the same person?
http://www.boardcentral.com/aios/aios.cgi
PPS: I see some people start noticing BTOO
Mike
Insiders buying. One of the Directors (Daniel Lynch) bought
100,000 shares at approx. $1.54/shr on March 1. I bet increased volume means one thing: Institutional buyers.
http://finance.yahoo.com/q/it?s=COVD.OB
MF
Global Diversified Industries, Inc. Announces Nine Month Revenues Up 99.8 Percent; Backlog Increased to $8 Million
Thursday March 17, 5:00 am ET
CHOWCHILLA, Calif., March 17 /PRNewswire-FirstCall/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI - News), focused on the modular building industry with emphasis on the education market, reported in its Form 10Q that revenues for the nine months ended January 31, 2005 totaled $6.4 million, up 99.8 percent compared to revenues of $3.2 million for the previous nine months ended January 31, 2004.
Net income for the first nine months of the current fiscal year totaled $167,510 compared to a loss of $(111,160) in the previous nine months, a 278 percent increase. The Company reported that working capital increased by more than $1.8 million and that total assets increased 79 percent to $6.1 million for the nine months ended January 31, 2005. Stockholders' equity was up 154 percent to $3.4 million.
"We are especially pleased to report a third consecutive quarter of positive earnings and that our backlog increased to $8 million at January 31, 2005 compared to $350,000 at January 31, 2004," said Phil Hamilton, CEO. "Our 100,000 square foot manufacturing facility in Chowchilla has the capacity to provide us $50 million in revenues annually and we are pleased to be growing toward that goal."
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company with two wholly owned subsidiaries, Global Modular, Inc. and MBS Construction, Inc. Both are engaged in the modular construction marketplace with an emphasis on educational projects. They incorporate the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The company's work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick@eandecommunications.com
More Assets bought from Aurora, under great conditions. See 8-K filled yesterday:
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001266068%252D05...
Pennies to the $, and payment interest of only 5%/year. This Q will be very good for Global!
Mike
Some good news are well overdue, and I got the feeling we'll be here early next week, before the Investors summit. Hope that will be about the merger into a Nasdaq Co. That news will move it for sure.
Mike
I hope so. In the mean time take a look at MOBL, and GDVI. Both poised for a nice move (GDVI already on its way up).
Check them out:
http://www.boardcentral.com/aios/aios.cgi
http://www.ddmachine.com/default.asp?s=gdvi.ob
Mike
FROM RB:
By: speedtrain06883
16 Mar 2005, 09:55 AM EST
Msg. 7638 of 7639
Hi all,
Remember me? Remember what I was saying years ago about this company and this management team? Please read the filing and tell me another OTCBB company with this company's prospects and well-managed share structure:
1) Revenues are soaring;
2) Backlog has grown to $8,000,000;
3) Gross profit percentage, which has always been good, is increasing;
4) The sales force is finally in place;
5) The Aurora deal was nothing but an amazing acquisition which will immediately buttress both the top and bottom lines;
6) Virtually all deals have been done with locked-up stock;
7) Share structure remains quite tight for a company which has been working to get for approximately five years to get to this point; and
8) The modular industry is consolidating and, as other players drop by the wayside, GDVI just keeps getting stronger.
Look at the crazy stocks on this exchange that run from .05 to .50 with absolutely none of these factors in their favor. Are you kidding me; we are within striking distance of being able to value this equity on a fundamental basis, an incredible achievement for an OTCBB security. This gem is completely undiscovered and, as a result, trading at a mere fraction of its true worth. We will see a return to former highs and then surpass those levels sometime in the near future.
Best of luck to all.
Speed
Orange, just wait and see after the VoIP goes nationwide. It won't be long. The FCC and the baby bells can't stop it no longer. Plus WiMAX, and on and on. This has a good chance to get into a nice run, soon, very soon, IMO.
I got quite a few shares here, and still loading at this price.
Mike
It should go easily into the 0.30's soon. The winter Q does not perform as well in construction business. The just released Q shows about 300% revenue increase compared to the same Q last year. Based on the outlook, the next Q should be substantially better (right now they are working to complete the $2.8 MM order), and from the outlook, other orders are in place, or in the pipeline. Aurora's event las created a small vacuum in S. California, and after acquiring materials, and new designs from them Global is well positioned for fast growth.
Mike
Time to start its move (up, that is), IMO.
Mike
Quacker, for a winter Q, over 2 MM revenue is very good. And the outlook (from the previous PR's) look great. Hopefully we'll start building up some speed here. It reached 0.34 last year, with not as good results, nor outlook. Let's see what it does today.
Mike
Good Q results (for a winter quarter), and very good overall outlook:
1. O/S: 145,699,429 (diluted) shares as of March 14, 2005
2. Results of Operations
a) Q revenue: 2.028MM now, compared to $547.9K for the same Q last year.
b) 9 months:
Total revenues increased to $6,355,493 in the nine months ended January 31, 2005 from $ 3,181,248 in the quarter ended January 31, 2004. Sales are increasing due Modular becoming accepted by the school districts as a reliable manufacturer of modular, an experienced sales staff is now in place and a new product line is available through the purchase of intellectual properties from Aurora.
Cost of revenues was $4,057,749 and $2,047,348, respectively for the quarters ended January 31, 2005 and 2004. Gross profit was $2,297,744 and $1,133,900, respectively for the quarters ended January 31, 2005 and 2004. This is due to Global Modular becoming a reliable source of modular buildings with wide selection of attractive designs.
Total operating expenses increased to $1,940,802 in the quarter ended January 31, 2005 from $1,110,027 in the quarter ended January 31, 2004. This is mainly attributable to increases in selling, general, and administrative costs in connection with the increased sales and operations of Global Modular and MBS Constructions.
3. Assets: $6,068.126 now, compared to $4,519,207 on March 2004
4. Total - notes payable - long term: $ 643,459
PR Newswire - March 15, 2005 11:22
- Third Consecutive Quarter of Positive Earnings Positions Company for Significant Growth Over the Next Twelve Months -
CHOWCHILLA, Calif., March 15, 2005 /PRNewswire-FirstCall via COMTEX/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI) focused on the modular building industry with emphasis on the education market, is pleased to report it will release its third quarter results for period ended January 31, 2005 to the U.S. Security and Exchange Commission on Tuesday, March 15, 2005.
The Company said the financial results show a third consecutive quarter of positive earnings, positioning the Company for significant growth over the next 12 months.
Global Diversified Industries, Inc. to Release Quarterly Results for Third Quarter Ended January 31, 2005
via COMTEX
March 15, 2005
- Third Consecutive Quarter of Positive Earnings Positions Company for Significant Growth Over the Next Twelve Months -
CHOWCHILLA, Calif., March 15, 2005 /PRNewswire-FirstCall via COMTEX/ --
Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI) focused on the modular building industry with emphasis on the education market, is pleased to report it will release its third quarter results for period ended January 31, 2005 to the U.S. Security and Exchange Commission on Tuesday, March 14, 2005.
The Company said the financial results show a third consecutive quarter of positive earnings, positioning the Company for significant growth over the next 12 months.
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company with two wholly owned subsidiaries, Global Modular, Inc. and MBS Construction, Inc. Both are engaged in the modular construction marketplace with an emphasis on educational projects. They incorporate the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The company's work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick@eandecommunications.com
SOURCE Global Diversified Industries, Inc.
Paul Knopick, +1-949-707-5365, pknopick@eandecommunications.com, for Global Diversified Industries, Inc. http://www.prnewswire.com
VoIP, Wi-Fi:
http://www.newsfactor.com/story.xhtml?story_id=31134
Mike
Nano and Chips: Uneasy Ties
http://yahoo.businessweek.com/technology/content/feb2005/tc2005027_4712_tc119.htm
Need some gas on the fire? What will it be: CNT's or Si-based integrated optics (IO's).
My opinion: Although a strong believer in the huge potential of carbon nanotubes (CNT's), for a host of other practical applications (predicted market of 1T to 2 T, 5 to 10 years from now), I would surely opt for the later. The reason is simple: it took over 50 years for Si (the "king") to come where it is today, so it will take forever to CNT's to be applied to chips. Plus CNT's will only extend the agonny, while IO's will solve the problem for generations to come. Moore is right as the CNT's go. I would like to know his opinion on IO's.
Mike
Re: Why Investors Are Dumping Chips
Nice article! Indeed (and for good reason) educated investors have started, or will sell their chip related stocks in the near future. Since Olga's article didn't answer the main question: "Why Investors Are Dumping Chips," below is my two penny thought on the subject you proposed. And I'm well aware some people will jump at me (again).
A potential good explanation is the fact that chips cost more and more to be made. In a quest for higher speed (more transistors/chip), as you know for instance Intel is going into 65 nm (from 90 nm today), it will test 45 nm next year, and 32 nm two years from now. To do this, more and more very sophisticated tools will be needed, that cost more and more, and have less and less useful life.
The electronic chip is near the end of its useful life. Going further down with the critical dimension below 32 nm will be cost prohibitive. On the other hand, fast speed Internet, telecom and a host of other high speed applications are pushing for speeds that electronic chips won't be able to supply at any production costs.
What then? In my opinion silicon-based all optical integrated chips (that will run up to 1 Million times faster than their electronic counterparts) are the answer. Intel already took a good step last month. And I trust, as a result, silicon photonics in general, and silicon based integrated optics in particular are going to be here much sooner than many people may think, or wish to admit. When that happens, a new generation of chip enthusiast investors will jump in.
Mike
"Reliable electricity, water, basic gases and the like are essential. This has been a big problem for India in the past."
You got it right. But not only that. You have to face all kind of other minor challenges. Just to teach some folks to behave in a clean room environment it takes forever. I recall both with my Engineering students, and at work how long it took me to train some folks simple things, as simple as not touching the wafer with the tweezers, and rather use the vacuum tips. Automation changes that, but still these small things kill you.
Mike
My wrong Uncle. Both China locations Chengdu on logic products (production to start in Q1 06), and the older site Pudong on flash memory are indeed Assembly and Test sites for now. The last location (165,000 sf when completed) I hear it might be further extended if things go well, and it might turn into the first Intel fab in China. So far, rumors only. However, since the Pudong location is doing quite well as I know, if need might arrive a first fab in Asia, it makes more sense it to be in China than India (if that rumor is true, that is), that does not have much experience in electronics. If I would have any say in this, I think a new fab can be placed anywhere in the good old USA. Right now, in Ohio for instance (and I bet this is the same in many other places), any company that brings high tech jobs gets very good incentives from the local and state governments. Some high tech companies going abroad to lower the costs already found out that in the long run actually costs them more that if they would have done it here. The old "cheap labor" mit in improving the bottom line is all that: a mit. And a very dangerous game I would add.
Mike
Moore says nanoelectronics face tough challenges
http://forbes.z2c.net/rd4/ck/3072-13370-1839-293?m=12-0&e=20299a61e159
I agree with Moore. Nanoelectronics (based on Carbon nanotubes) are IMO much further into the future than say all integrated optics chips, all based on Si. I am a bit surprised Moore did not mentioned integrated optics at all as a viable all electronics (or hybrid oproelectronics) chips.
Otherwise, (as usual) nice reading from this true pioneer of modern microelecronics.
Mike
I woldn't be surprised if this will turn out to be true. Intel already has two fabs in China. In any event, if they do, they are playing with fire.
Mike
Nasdaq Merger:
Cowboy,
"Could someone please explain, using an example, how a reverse merger works. Thanks in advance."
In his short notes to me (that I posted here) Jay (the CEO) was talking about a merger, and not a reverse merger. Sorry for the confusion.
Most of the time the reverse mergers use a shell company (that has no products, and are either dormant or troubled public companies). Example:
Cirmaker Industry Co. Ltd., a Taiwanese company specializing in developing and manufacturing telecommunication products, electronic equipment and PC and electronic components, signed a letter of intent in January to do a reverse merger with Comet Technology Inc., a Salt Lake City-based public shell.
MOBL is for sure not looking to do a R/M into a shell. Rather, (i) it might seek either a NAS company under treat of deslisting, or (ii) it might simply merge into a larger NAS company that already has good finances.
As for the first scenario, for example, Global Genomics Capital Inc., a private holding company with minority stakes in Blizzard Genomics Inc. and Psynomics Inc., said in mid-February that it would merge with CytRx Corp., an Atlanta-based drug researcher under threat of delisting from Nasdaq. After giving up 10 million shares of its common stock in the merger, CytRx will be renamed Global Genomics Inc. and will be run by Global's current chief executive, Steven Kriegsman.
At this time we can't anticipate what the merger mechanism will be. We only can speculate all kind of other scenarious. For instance, a possible scenario will be a buyout of MOBL by the supposed larger Telecom company. From what I gather this is not under consideration.
My opinion: The best (for us) scenario (and the one that I think is the the most probable), is that MOBL will merge into a larger (financialy sound) Telecom company, that for instance is looking to acquire the goodies MOBL has: VoIP, Wi-Fi, WiMAX, ZigBee, and so on. In any event, whatever shape and form it will take, the merger will for sure greatly improve our value here. Remember the CEO, and the others in his Mgmt. team have quite a few shares, hence they will go for the best solution that will increase their value. If they gain (and they have all the incentives to do so), we gain. As simple as that.
PS: Some people (over RB) are speculating that the merger discussion is in an advanced stage, and it might be out before the small cap conference on March 24th.
Mike
Soar, a follow-up note frome Jay:
"If we can achieve listing by merger rather than straight
application, that is better."
I'm positive Jay knows what he is doing. If not for anything else, he got quite a few shares (over 15 MM?). If he gains, we gain. As simple as that.
PS: In my note, I was asking why he thought a merger is better than AMEX listing (for which MOBL already qualifies). My take on it (and this is my opinion only) is that he's looking (via a merger) to get into Nasdaq, that better fits an agressive tech company. With the latest FCC regulations that tend to be on the side of VoIP companies, and hopefully with some good ZigBee (Wi-Fi, WiMAX, or VoIP) news, once the Nasdaq listing is in place, this will take of fast (although we might loose some shares - not as bad as if a R/S will be used to qualify for NAS).
Good reasons to be optimistic keeping our shares here for a little longer, IMO (I kept all of mine for close to 15 months already). Might sell some after it takes off, which it will soon, IMO.
Mike
"The modular division has bids submitted to multiple school districts utilizing the Aurora type product valued at more than $7,000,000. Most of the projects require installation later this summer, which could rapidly increase Global Modular's production backlog."
Maintainance (repeated) PR? I see this March 8-th PR came out again today.
http://www.amtdrt.inlumen.com/bin/story?StoryId=CqI0XubWbmdy3Cdu4mZK
In any event, thinks look good here,
Mike
From some JW E-mails posted last night by two people on RB, it looks like the listning could happen before the Feb. 24 small cap meeting. Also, in another E-mail Jay was talking about some other acquisitions in the works (to a total of 200 to 250MM, including the already in place ones), one of them larger than Davel. So, I hope the apparent lock of communications as of late will bring us some much needed good news soon.
Mike
***Reverse Merger Under Consideration
Below is the short note I received tonight from Jay:
"Best way for listing is still via merger. Only if that method is clearly unavailable will we pursue alternate means."
The answer above is to my inquiry below:
----- Original Message -----
From: ................
To: jwright22@closecall.com
Sent: Wednesday, March 09, 2005 1:29 PM
Subject: AMEX
Jay,
Any news on AMEX listing? As you can see the one year graph starts looking bad, and starting next month it will look really bad. AMEX will most probably take care of the PPS. Can we expect any news vs AMEX anytime soon?
As far as I know, standard III (see below) allows AMEX listing w/o minimum PPS requirement. And to my understanding all the other requirements are satisfied.
http://www.venturelawcorp.com/listing_requirements_amex.html
Is any motivation for not forcefully pursuing AMEX listing now, rather than later?
Best regards,
Mike
My note: This will be great! It will allow a Nasdaq listing w/o the need of a R/S. And, as we all know, Nasdaq is much better than AMEX for any tech company. Since at the last radio talk show Jay was promissing to pay good attention to the better listing issue, we might not be far away of a R/M.
What do you folks think?
Mike
Intel First-Quarter Business at High End of Expectations; Revenue Expected to be Between $9.2 Billion and $9.4 Billion
3/10/2005 4:15:01 PM
SANTA CLARA, Calif., Mar 10, 2005 (BUSINESS WIRE) -- Intel Corporation expects revenue for the first quarter to be between $9.2 billion and $9.4 billion, as compared to the previous range of $8.8 billion to $9.4 billion.
The first-quarter gross margin percentage is expected to be approximately 57 percent, plus or minus a point, as compared to the previous expectation of 55 percent, plus or minus a couple of points, primarily due to lower than expected 65nm start-up costs and microprocessor unit costs. All other expectations are unchanged.
This Business Update is a scheduled update to the company's Business Outlook for the quarter, which ends April 2. Intel's first-quarter Business Outlook was originally published in the company's fourth-quarter 2004 earnings release, available at www.intc.com. The company will discuss this update during a public webcast at 2:30 p.m. PST today at www.intc.com, with a replay available until April 19.
Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.
This Business Update and the Jan. 11 Business Outlook are forward-looking statements and involve a number of risks and uncertainties. This Business Update does not include the potential impact of any mergers, acquisitions, divestitures or other business combinations that may be completed after March 9, 2005. These statements also do not include any impact related to the expensing of stock options under the Financial Accounting Standards Board's Statement 123R, which is effective for quarters beginning after June 15, 2005. Expensing of stock options would decrease gross margin, increase expenses (including R&D expenses) and affect the tax rate. Many factors could affect Intel's actual results, and variances from Intel's current expectations regarding such factors could cause actual results to differ materially from those expressed in these forward looking statements. Intel presently considers the factors set forth below to be the important factors that could cause actual results to differ materially from Intel's published expectations. A more detailed discussion of these factors, as well as other factors that could affect Intel's results, is contained in Intel's SEC filings, including the report on Form 10-K for the year ended Dec. 25, 2004.
-- Intel operates in intensely competitive industries. Revenue and the gross margin percentage are affected by the demand for and market acceptance of Intel's products, the availability of sufficient inventory to meet demand, pricing pressures and actions taken by Intel's competitors, and the timing of new product introductions. Factors that could cause demand to be different from Intel's expectations include changes in customer order patterns, including order cancellations, changes in the level of inventory at customers and changes in business and economic conditions.
-- The gross margin percentage could vary from expectations based on changes in revenue levels, product mix and pricing, manufacturing yields, changes in unit costs, capacity utilization and the existence of excess capacity, and the timing and execution of the manufacturing ramp and associated costs, including start-up costs.
-- The gross margin percentage could also be affected by excess or obsolete inventory, variations in inventory valuation and impairment of manufacturing or assembly and test assets.
-- Expenses, particularly certain marketing and compensation expenses, vary depending on the level of demand for Intel's products and the level of revenue and profits.
-- The tax rate expectation is based on current tax law and current expected income, assumes Intel continues to receive tax benefits for export sales, and does not reflect the impact of any potential repatriation of cash under the American Jobs Creation Act. The tax rate may be affected by the closing of acquisitions or divestitures, the jurisdiction in which profits are determined to be earned and taxed, changes in the estimates of credits and deductions, the resolution of issues arising from tax audits with various tax authorities and the ability to realize deferred tax assets.
-- The expectation regarding gains or losses from equity securities and interest and other could vary from expectations depending on equity market levels and volatility, gains or losses realized on the sale or exchange of securities, impairment charges related to non-marketable and other investments, interest rates, cash balances and changes in fair value of derivative instruments.
-- Intel's results could be impacted by unexpected economic, social and political conditions in the countries in which Intel, its customers or its suppliers operate, including security risks, possible infrastructure disruptions and fluctuations in foreign currency exchange rates.
-- Intel's results could also be affected by adverse effects associated with product defects and errata (deviations from published specifications) and by litigation or regulatory matters involving intellectual property, stockholder, consumer, antitrust and other issues, such as the litigation and regulatory matters described in Intel's SEC reports.
*Intel is a mark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.
SOURCE: Intel Corporation
Intel Corporation
Doug Lusk, 408-765-1679 (Investor Relations)
Robert Manetta, 408-765-7082 (Press Relations)
Inquirer - Part 2. That's funny!
http://www.chipzilla.com/?article=21613
Hey, at least (at the same time) they posted something positive on INTC:
http://www.chipzilla.com/?article=21612
So, let's forgive them.... That's the Inquirer (many people's sole source of info, unfortunatelly).
Mike
Morro, care for a laugh? Check out the Inquirer:
http://www.theinquirer.net/?article=21446
Mike
Morro, you don't have to convince me about Centrino. Turion 64 is is still in the development stage (not sure they even have a beta, or are still "playing" with alpha's). As for the low power claim, I would like to see some real data on production type 64's before making any informed judgement. But, from what I gather that's way into the future (if ever).
So, I won't worry about a serious competition here.
Mike
FYI: AMD Officially Launches Turion 64-Bit Mobile Processor
AMD has officially unveiled its latest chip for mobile computing, a 64-bit processor aimed squarely Intel's Centrino product, which currently dominates the notebook PC market.
See the Full Story:
http://www.ciotoday.com/story.xhtml?story_id=31105
VoIP news:
1. VoIP Challenges for Public Safety Call Centers
The adoption of nomadic and mobile Voice-over-IP offerings has vendors and public-safety officials scrambling for answers to problems that could be much more complex than the challenges faced when wireless E911 emerged.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=31018
2. FCC Clarifies Telemarketing Rules
In February, the FCC released its Second Order on Reconsideration in its rulemaking proceeding implementing the Telephone Consumer Protection Act of 1991.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=30985
3. Vonage Slips Quietly into UK VoIP
U.S. service provider Vonage officially started offering Voice over IP (VoIP) in the UK. But in contrast to the hype surrounding the technology and the company, this was an unassuming launch.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=30971
4. FCC Defends VoIP Service
Regulators have forced a North Carolina phone company to stop blocking customers from using Voice over Internet Protocol (VoIP) calling services.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=30937
1. VoIP Challenges for Public Safety Call Centers
The adoption of nomadic and mobile Voice-over-IP offerings has vendors
and public-safety officials scrambling for answers to problems that could be much more complex than the challenges faced when wireless E911 emerged.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=31018
2. FCC Clarifies Telemarketing Rules
In February, the FCC released its Second Order on Reconsideration in its rulemaking proceeding implementing the Telephone Consumer Protection Act of 1991.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=30985
3. Vonage Slips Quietly into UK VoIP
U.S. service provider Vonage officially started offering Voice over IP (VoIP) in the UK. But in contrast to the hype surrounding the technology and the company, this was an unassuming launch.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=30971
4. FCC Defends VoIP Service
Regulators have forced a North Carolina phone company to stop blocking customers from using Voice over Internet Protocol (VoIP) calling services.
See the Full Story:
http://www.contactcentertoday.com/story.xhtml?story_id=30937
GDVI will do very well afer the: (i) Q release, (ii) new Web site, and (iii) some forward looking statements are going to be released as expected.
This is a good time to load, IMO. It won't be long and the real move will start. Based on the latest news it should have started to move already. People are like sheep. They only start buying after it jumps up quite a bit.
Mike