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ESWW: Jm
Whats the balance sheet look like?
TALL: just popped up on one of my TA scans
From my Stochastic/ positive 3x10 MA scan
A few others here look interesting also.
Should get some trading action tomorrow on this.
For the last market close:
• NASDAQ Stocks with...
• 60-day Simple Moving Average of Volume for today is greater than
200000
• Daily Slow Stoch %K(18,6) for today is greater than or equal to
Daily Slow Stoch %D(18,6) for today
• Daily Slow Stoch %K(18,6) for yesterday is less than Daily Slow
Stoch %D(18,6) for yesterday
• Daily Slow Stoch %K(18,6) for 2 days ago is less than Daily Slow
Stoch %D(18,6) for 2 days ago
• Daily Slow Stoch %K(18,6) for 3 days ago is less than Daily Slow
Stoch %D(18,6) for 3 days ago
• 3-day Simple Moving Average of Close for today crosses above 10-day
Simple Moving Average of Close for today
29 Sep 2003
Symbol Name Exch Open High Low Close Volume
ALGXQ Allegiance Telecom, Inc. NASD 0.085 0.112 0.085 0.110 1560200
DIGI Digital Impact, Inc. NASD 3.000 3.220 2.950 3.150 192154
GGUY Good Guys, Inc. (The) NASD 1.800 2.010 1.790 1.970 4927733
ITRA Intraware, Inc. NASD 1.750 2.250 1.700 2.200 3120359
MSEV Micron Enviro Systems NASD 0.046 0.047 0.044 0.047 494100
MYIQ Edulink Inc. NASD 0.007 0.007 0.006 0.007 1430400
TALL IVP Technology Corp. NASD 0.034 0.043 0.033 0.041 3885500
UALAQ UAL Corp. NASD 1.040 1.100 1.035 1.071 4195200
WFMI Whole Foods Market, Inc. NASD 53.780 55.860 53.470 55.820
1226497
Count: 9
GWRX?
Never heard of it LOL!!!
Wait a minute!! maybe i did !!! LOL
TALL: Appearing on TA scans: Stochastic/3x10 MA crossovers
Should get some trading action tomorrow on this.
A few others here look interesting too!!
Shooter
http://www.investorshub.com/boards/board.asp?board_id=865
For the last market close:
• NASDAQ Stocks with...
• 60-day Simple Moving Average of Volume for today is greater than
200000
• Daily Slow Stoch %K(18,6) for today is greater than or equal to
Daily Slow Stoch %D(18,6) for today
• Daily Slow Stoch %K(18,6) for yesterday is less than Daily Slow
Stoch %D(18,6) for yesterday
• Daily Slow Stoch %K(18,6) for 2 days ago is less than Daily Slow
Stoch %D(18,6) for 2 days ago
• Daily Slow Stoch %K(18,6) for 3 days ago is less than Daily Slow
Stoch %D(18,6) for 3 days ago
• 3-day Simple Moving Average of Close for today crosses above 10-day
Simple Moving Average of Close for today
29 Sep 2003
Symbol Name Exch Open High Low Close Volume
ALGXQ Allegiance Telecom, Inc. NASD 0.085 0.112 0.085 0.110 1560200
DIGI Digital Impact, Inc. NASD 3.000 3.220 2.950 3.150 192154
GGUY Good Guys, Inc. (The) NASD 1.800 2.010 1.790 1.970 4927733
ITRA Intraware, Inc. NASD 1.750 2.250 1.700 2.200 3120359
MSEV Micron Enviro Systems NASD 0.046 0.047 0.044 0.047 494100
MYIQ Edulink Inc. NASD 0.007 0.007 0.006 0.007 1430400
TALL IVP Technology Corp. NASD 0.034 0.043 0.033 0.041 3885500
UALAQ UAL Corp. NASD 1.040 1.100 1.035 1.071 4195200
WFMI Whole Foods Market, Inc. NASD 53.780 55.860 53.470 55.820
1226497
Count: 9
CLN @ 1.14( Giving this one a serious look.)
Came across this biotech on a Bollinger Band consolidation scan with
a 3x10 MA cross over and a MACD cross over all within very tight
bands.
Conference call tomorrow,dont see any big sales, but should get a
update on current status of their tech.
Trouble is i will be at work with PC access, so i will have to take
a chance on buying before CC at the open with a order tonite.
As tight as the bands are, any good news could send this in a break
out mode.
http://stockcharts.com/def/servlet/SC.web?c=cln,uu[m,a]daclyyay[dd]
[pb10!b40!d20,2][vc60][iLh33,11!Lv25!La12,26,9!Lc20!Lf!Lm12!Lb14]
&pref=G
Celsion Corporation develops medical treatment systems primarily to
treat breast cancer and a chronic prostate enlargement condition,
common in older males, known as benign prostatic hyperplasia (BPH),
using minimally invasive focused heat technology. The Company is also
working with Duke University on the development of heat-sensitive
liposome compounds for use in the delivery of chemotherapy drugs to
tumor sites and with the Memorial Sloan-Kettering Cancer Center
(Sloan-Kettering) on the development of heat-activated gene therapy
compounds.
Stock Price History
Beta: 2.705
52-Week Change: 186.49%
52-Week Change (relative to S&P500): 150.26%
52-Week High (19-Jun-03): 1.80
52-Week Low (10-Oct-02): 0.36
50-Day Moving Average: 1.05
200-Day Moving Average: 0.67
Share Statistics
Average Volume (3 month): 1,362,227
Average Volume (10 day): 509,000
Shares Outstanding: 112.72M
Float: 127.50M
% Held by Insiders: N/A
% Held by Institutions: N/A
Shares Short (as of 8-Aug-03): 1.40M
Daily Volume (as of 8-Aug-03): N/A
Short Ratio (as of 8-Aug-03): 1.295
Short % of Float (as of 8-Aug-03): 1.10%
Shares Short (prior month): 1.11M
Dividends & Splits
Annual Dividend: N/A
Dividend Yield: 0.00%
Dividend Date: N/A
Ex-Dividend Date: N/A
Last Split Factor (new per old)²: N/A
Last Split Date: N/A
Total Cash (mrq): 5.50M
Total Cash Per Share (mrq): 0.04
Total Debt (mrq)²: 0
Total Debt/Equity (mrq): 0
Current Ratio (mrq): 5.981
Book Value Per Share (mrq): 0.01
Significant Events:
Webcast Alert: Celsion Corporation Announces Presentation at Redchip Partners Fall New York Investor Conference 2003 Webcast
Monday September 15, 5:25 pm ET
COLUMBIA, Md., Sept. 15 /PRNewswire-FirstCall/ -- Celsion Corporation (Amex: CLN - News) announces the following Webcast:
What: CLN Presentation at Redchip Partners Fall New York
Investor Conference 2003 Webcast
When: Sept. 18, 2003 @ 10:30 a.m. Eastern
Where: http://www.firstcallevents.com/service/ajwz388632037gf12.html
How: Live over the Internet -- Simply log on to the web at the
Celsion Acquires Duke University's Breast Cancer Hyperthermia Treatment Technology
Thursday August 7, 9:48 am ET
COLUMBIA, Md.--(BUSINESS WIRE)--Aug. 7, 2003--
Celsion has obtained exclusive rights to an advanced phased array radio frequency (RF) heating system designed specifically for use with chemotherapeutic drugs for the treatment of locally advanced breast cancer.
American Medical Association Assigns CPT Code to Celsion's Breast Cancer Treatment System
Thursday July 24, 9:48 am ET
COLUMBIA, Md.--(BUSINESS WIRE)--July 24, 2003--Celsion Corporation (AMEX:CLN - News) today announced that the CPT (Current Procedural Terminology) Editorial Panel of the American Medical Association (AMA) has assigned a new CPT code for thermal therapy for ablation/reduction of malignant breast tumors. This new CPT code applies to breast cancer treatment procedures using Celsion's proprietary investigational Adaptive Phased Array (APA) thermal therapy system. The assignment of the new CPT code by the AMA recognizes Celsion's proprietary breast cancer therapy as an emerging technology for the management of breast cancer.
Celsion Announces $9.6 Million in New Capital
Tuesday July 8, 9:11 am ET
COLUMBIA, Md.--(BUSINESS WIRE)--July 8, 2003--Celsion Corporation (AMEX:CLN - News), announced today that it has raised a total of $5.1 million through the exercise of outstanding common stock purchase warrants since May 28, 2003 and expects to realize gross proceeds of $4.5 million in a private placement of its common stock and associated warrants in a private placement expected to close today.
'Cancer Research' Publishes Promising Pre-Clinical Results on Celsion's Heat-Activated Gene Therapy Technology
Thursday June 19, 10:28 am ET
COLUMBIA, Md.--(BUSINESS WIRE)--June 19, 2003--Celsion Corporation (AMEX:CLN - News) today announced the publication, in "Cancer Research", Volume 63, dated June 15, 2003, of the results of pre-clinical research by Dr. Gloria Li, Attending Biophysicist at Memorial Sloan-Kettering Cancer Center in New York City. The article provides a comprehensive summary of the scientific and clinical rationale leading to the successful development of a heat-activated antisense genetic biological modifier and the preclinical evaluations, which demonstrated the feasibility of its use as a potent radiation sensitizer for the treatment of cancer.
BTS Top Gun Challange: Sept 3rd Deadline
We will be going to a 3 month challenge format, as opposed to our
> monthly challenge. Its basically the same as the old BTS challenge,
> but with a different and hopefully an exciting twist.
>
> We will still have our monthly challenge, but, we will be keeping
> track of the winners on a quarterly basis,plus giving out bonus
> points to any Top Gun winners who post winning picks during a
month.
> So you can accumulate points 2 ways.... One by winning a monthly
> challenge, the 5 and over, the 5 and under or the penny pick.
> And you will also get bonus points for each stock posted as a win
on
> the Top Gun List on our home page on Yahoo and Ihub.
>
> Every month points will be tabulated, and after 3 months the BTS
> member with the most points will be deemed the TOP GUN for that
> quarter. We will run this for a year, and will tabulate points for
> the whole year also. So after one year, the BTS member with the
most
> Top Gun points will be the " BTS TOP GUN OF YEAR"
>
> We will also be awarding BTS TOP GUN hats for every winner each
> quarter, and a BTS TOP GUN Warm Up Jacket for the yearly winner.
>
>
>
> Here are the rules:
>
> 1.Here are the rules, as filed in the club-
> BTS Challenge Guidelines and Top Gun explanation
> The purpose of this challenge is to foster excellence in stock
> picking and trading.
> Categories:
> (U.S. or CDN. Equities)
> $5 and over
> $5 and under
> Pennies
> Guidelines
> All picks must be accompanied by a closed price. Picks made during
> the trading session will need to be reposted with that days close.
> Picks must be in by midnight EST 3 trading days after the 1st of
the
> month. This can be extended to a Monday if the 3rd day falls on a
Non-
> Trading day. Say( the 1st falls on a Thursday, 2nd Friday--weekend,
> then the 3rd day would be the Monday at Midnight EST) . Picks can
be
> long or short from all equity types. We would prefer normal stocks
> that have a traceable symbol. Funds like ETFs apply as well. We
have
> found that options are difficult to track and do not support these
in
> the challenge yet. We will include "real" option trades in the Top
> Gun Standings. Picks must be 1 per category but if you only have 2
> picks or 1 pick; say a penny pick that's OK too. We would encourage
> you to trade, fake trade and or monitor your picks and as per all
BTS
> recommendations or picks' DD is required. Keep us aware of the
action
> even if it's not happening. This is how we share our experience on
> how to deal with matters as such. If the stock has been profiled in
> the club then it should be stated and the info should be pointed
out.
> Many members actually buy their picks but this is not mandatory. If
> you have any questions please post them in the club and a member
will
> be happy to assist you. We will post updates weekly at the end of
the
> trading sessions on the main page and intra-month winners at the
end
> of the month along with the general month end high winners.
>
> Top Guns
>
> This is the section where actual picks that members have bought and
> traded in "Top Gun Style" are honored. We will post these winners
and
> keep them in the lights for 2 months consecutive. We require you to
> post an MSG. that has Sold as the first word in your post so we can
> search them and post them.: NO EXCEPTIONS!!
>
>
> 2. You can use the Lock In Rule for each challenge, but if you do
not
> choose to use it, the closing price on the last day of the
challenge
> will be used.:
>
> LOCK IN RULE: if one of your challenge picks has a good run and you
> want to lock that price in for the challenge you can. So all you
> would have to do is post in BTS. By using the header Locking in
XYZ
> @ what ever price it closes on for that day..... if you do not lock
> in your price, then what ever your stock closes at the end of the
> challenge will be used.
>
> 3. No additions or deletions once your challenge pick is posted.
> Sorry no exceptions.
> 4. Closing prices will be used on the challenge picks.
> 5. On the Top Gun winners, only picks with DD will be allowed and
> awarded points( these are picks that are posted as buys, then
sold.).
> 6. We will be using closing prices and will not include any type of
> dividend, the challenge and Top Gun winners list will use share
price
> only.
> 7. You must be a BTS member....so if your not, you must join the
BTS
> Yahoo club.
> Picks can be posted on Ihub, but to be valid you must post them in
> Yahoo BTS.
> 8. Results and updates will be posted on both the Yahoo and Ihub
> board.
> 9.Buy And Sells: posted in the club will have a limit of 2 sells
per
> stock choice.
> Example: you post bought XYZ at 1.00, then post sold half of
> position at 1.40, then post sold other half at 1.60.
>
> The Point System:
> :
>
> BTS Monthly Challenge Points for each category.
> 1st place: 5 points
> 2nd place:3 points
> 3rd place :1 point
>
> Hat Trick: 5 Bonus Points
>
> BTS Top Guns:Each Month
> Winner for each month 5 points
> 10% gainers: 1 points
> 20% gainers: 2 points
> 30% gainers: 3 points
> 40% gainers: 4 points
> 50+% gainers:5 points
>
> Participation bonus: 1 point
BTS Wisdom:England's lamest team teaches good lesson
The guys loved rugby but, let's face it, they were rank amateurs.
Middle-aged. All of them over 40 and, by their own admission, not
very fit. Except for their rugby matches, most of their workouts
consisted of lifting their arms at the local pub. They played rugby
for fun, not for fame or fortune, despite their fearsome name, the
Dorchester Gladiators.
But when the Gladiators were invited to tour Romania and play some
similar, amateur teams there, it sounded like a lark. A great
adventure. They accepted. Little did they reckon just what an
escapade it would turn out to be. Because of a translation error, the
Gladiators found themselves face to face with Romania's top
professional rugby club in a match before thousands of spectators and
broadcast on national television.
The Romanians were under the impression that England was sending its
best squad so they had put forth their top players.
David Scaddon, the Gladiator's 45-year-old fullback, says when they
found out, they were scared to death. But pride overcame fear and the
Gladiators gamely took to the field.
Bolstered by a few beers and smokes before suiting up, they braced
themselves for the onslaught of rugby professionals.
The Romanians won 61-17 but, miraculously, all the Brits survived to
play another day and, they hope, a more evenly matched team.
BTS Wisdom: When life's competition seems grossly unfair, remember:
We only improve by playing against those who are better than we are.
RE:shooter...re: Yahoo board...
KP,
I received your post via yahoo e-mail but didnt see it post in
BTS. Yahoo has been doing some changes, and that might account for what happened.I also had a few posts eaten too.Its frustrating as hell sometimes.
I did send a e-mail to tech support explaining the problem, but as usual with Yahoo all i got back was a generic response.
And Yahoo tech support never was one to write home about,LOL
Hopefully this is a short term problem.
I do know Yahoo has cut back on expenses, and message board tech support more then likely is one of them that got cut.
A few years ago, you actually got a live person that did respond to your questions or problems once in a great while.
If you need to post in Yahoo BTS, but have trouble, perhaps post it on Ihub and ask another member to post for you.
Outside of that all we can do is put up with it until we get around to get our own server and message board.
The server wont be the problem, getting someone to run it and program it and design the board is the big hold up.
Good Luck,
Shooter
RE:Scan feature down?
Hans,
Having the same problem here. Started last nite as far as i know. This is getting frustrating!!! Finally get some time off for the holiday and wanted to work on some new scans, and the darn thing wont work,,, i,m getting the same message.
Been working on a Bollinger Band scan that seems promising, looking for stocks that have been consolidating in a narrow BB width with a OBV Signal cross over and MACD Signal cross over.
Did manage to back track a few going back 25 days, scan looked promising, but now i cant get access the scan due to scan engine is taking to long.... bummer!!
Shooter
BTS
BTS Quarterly Report:
REVIEW:
The last 3 months featured another round of fabulous stock picking by the membership, with CanadaGreece leading the way with his blow out pick GWRX, with 2 great gains of 536% and 191%. More on the Top Gun and Challenge picks below.The overall sentiment within in the club was bullish at the start of the quarter with some concern that a major correction could happen during the dog days of summer.As we reached the midway point of the quarter there was a sense of caution beginning to surface. As concerns of over valuation after the huge run up in the markets where starting to manifest itself in the BTS Challenge and over stock picking, as more conservative plays where being brought up. Gold and Silver and Natural Gas stocks were being featured more and more and bought. Along with short plays in both stock picking and the BTS Challenge.
Overall the membership seems bullish long term but also seems like there is a wave of caution within the membership.As reports from our chat sessions do not indicate that the economy has really turned north just yet. The BTS membership covers all of North America and we also have a member or 2 in Europe. And up to now, no one has reported any significant progress in their local, state, providence economies. Its seems more or less according to the membership that the economy is in a bottoming stage. Which might explain the concerns of a market going up to fast.
Of course we would love to hear about your local and state or providence economy, the more info the membership can gather , the better for all.
MEMBER DELETIONS: As good as the quarter was, it didnt go on without a few mishaps. Unfortunately, Yahoo had a glitch in their system that inadvertently caused massive membership deletions. Over 75% of the club got wiped out in one day. The BTS management team worked very hard and diligently to get everyone back on board. We did manage to get a lot of people make it in, as many invites were sent out. But because some members didn't up date their e-mail address, some never got the invite. And some choose not to rejoin.
If you are a BTS member and cannot access the club, and didn't receive an invite, please e-mail us, and we'll send one right to you.
Someday we'll have our own server and message board, but until then, we will still meet in Yahoo BTS and Ihub BTS.
Whats New in BTS:
The BTS TOP GUN CHALLENGE
We will be going to a 3 month challenge format, as opposed to our monthly challenge. Its basically the same as the old BTS challenge, but with a different and hopefully an exciting twist.
We will still have our monthly challenge, but, we will be keeping track of the winners on a quarterly basis,plus giving out bonus points to any Top Gun winners who post winning picks during a month. So you can accumulate points 2 ways.... One by winning a monthly challenge, the 5 and over, the 5 and under or the penny pick.
And you will also get bonus points for each stock posted as a win on the Top Gun List on our home page on Yahoo and Ihub.
Every month points will be tabulated, and after 3 months the BTS member with the most points will be deemed the TOP GUN for that quarter. We will run this for a year, and will tabulate points for the whole year also. So after one year, the BTS member with the most Top Gun points will be the " BTS TOP GUN OF YEAR"
We will also be awarding BTS TOP hats for every winner each quarter, and a BTS TOP GUN Warm Up Jacket for the yearly winner.
IMPORTANT NOTE: Need your opinions on this, we would like to get the clubs impute on this before we decide to implement this or not.
We are also considering initiating a LOCK IN rule, so that if one of your challenge picks has a good run and you want to lock that price in for the challenge you can. So all you would have to do is post in BTS. By using the header Locking in XYZ @ what ever price it closes on for that day..... if you do not lock in your price, then what ever your stock closes at the end of the challenge will be used.
So please leave a message in the club whether or not you would like to see the Lock In rule a part of the Top Gun Challenge.
Here are the rules:
1.Here are the rules, as filed in the club-
BTS Challenge Guidelines and Top Gun explanation
The purpose of this challenge is to foster excellence in stock
picking and trading.
Categories:
(U.S. or CDN. Equities)
$5 and over
$5 and under
Pennies
Guidelines
All picks must be accompanied by a closed price. Picks made during
the trading session will need to be reposted with that days close.
Picks must be in by midnight EST 3 trading days after the 1st of the
month. This can be extended to a Monday if the 3rd day falls on a Non-Trading day. Say( the 1st falls on a Thursday, 2nd Friday--weekend,
then the 3rd day would be the Monday at Midnight EST) . Picks can be
long or short from all equity types. We would prefer normal stocks
that have a traceable symbol. Funds like ETFs apply as well. We have
found that options are difficult to track and do not support these in
the challenge yet. We will include "real" option trades in the Top
Gun Standings. Picks must be 1 per category but if you only have 2
picks or 1 pick; say a penny pick that's OK too. We would encourage
you to trade, fake trade and or monitor your picks and as per all BTS
recommendations or picks' DD is required. Keep us aware of the action
even if it's not happening. This is how we share our experience on
how to deal with matters as such. If the stock has been profiled in
the club then it should be stated and the info should be pointed out.
Many members actually buy their picks but this is not mandatory. If
you have any questions please post them in the club and a member will
be happy to assist you. We will post updates weekly at the end of the
trading sessions on the main page and intra-month winners at the end
of the month along with the general month end high winners.
Top Guns
This is the section where actual picks that members have bought and
traded in "Top Gun Style" are honored. We will post these winners and
keep them in the lights for 2 months consecutive. We require you to
post an MSG. that has Sold as the first word in your post so we can
search them and post them.: NO EXCEPTIONS!!
2. You can use the Lock In Rule for each challenge, but if you do not choose to use it, the closing price on the last day of the challenge will be used.: THIS IS SUBJECT TO REVIEW BY MEMBERSHIP AND ACCEPTANCE BY BTS MANAGEMENT.
3. No additions or deletions once your challenge pick is posted. Sorry no exceptions.
4. Closing prices will be used on the challenge picks.
5. On the Top Gun winners, only picks with DD will be allowed and awarded points( these are picks that are posted as buys, then sold.).
6. We will be using closing prices and will not include any type of dividend, the challenge and Top Gun winners list will use share price only.
7. You must be a BTS member....so if your not, you must join the BTS Yahoo club.
Picks can be posted on Ihub, but to be valid you must post them in Yahoo BTS.
8. Results and updates will be posted on both the Yahoo and Ihub board.
9.Buy And Sells: posted in the club will have a limit of 2 sells per stock choice.
Example: you post bought XYZ at 1.00, then post sold half of position at 1.40, then post sold other half at 1.60.
The Point System:
:
BTS Monthly Challenge Points for each category.
1st place: 5 points
2nd place:3 points
3rd place :1 point
Hat Trick: 5 Bonus Points
BTS Top Guns:Each Month
Winner for each month 5 points
10% gainers: 1 points
20% gainers: 2 points
30% gainers: 3 points
40% gainers: 4 points
50+% gainers:5 points
Participation bonus: 1 point
The Awards:
We hope to see a lot of members participate. If by chance you miss a monthly challenge, don't quit, remember the TOP GUN CHALLENGE is 3 months long, and the way the point system is set up, all it would take is one good month to get in the race again.
Under Consideration:
A monthly review named " IN THE ZONE" where we will be e-mailing out at the end of every month a report on who is hot in BTS. This would include the members winning picks from the previous month and what stocks they have recently bought.
Also included will be updates for the Top Gun Challenge.
There will be no DD included in these reports, so you will have to log on to BTS to get the research for all the stock picks mentioned.
We will let everyone know if when we will do this.
BTS Challenge Winners:
May 2003
Over 5: NFLD Streetshooter +10%
Under 5: APT Timhyma +11.90%
Pennies: SIRA Timhyma +31%
June 2003
Over 5: RADA Canadagreece+15.38%
Under 5: PQUE Timhyma +67.86%
Pennies: TFSM Canadagreece+65.31%
July 2003
Over 5: NTES Canadagreece+32.28%
Under 5: CHTR Canadagreece+32.24%
Pennies: GWRX Canadagreece+27.27%
Special Congrads to Canadagreece for winning the 2nd ever BTS Challenge Hat Trick!!! For the month of July.
Top Guns:
May 2003:
Timhyma:SIRA+61.33%
CanadaGreece:COVD+55.39%
lllllvan.DYN+31.90%
Streetshooter: LMT Call Options:+28%
CanadaGreece:SIRI+17.80%
CanadaGreece:STEM+15.29%
June 2003
CanadaGreece:GWRX+536% BEST PICK FOR THE QUARTER!!!!
CanadaGreece:GWRX+190%
Streetshooter: VITX+117%
Streetshooter: TRIB+116%
Streetshooter: VITX+72%
Timhyma:XYBR+44%
Streetshooter:MVIS+35%
Timhyma:PQUE+12%
Timhyma:WGA+6%
July 2003
Canadagreece HPON +122.2%
Streetshooter MCKC +74%
Canadagreece HPON +66.66%
Timhyma OPWV +66.2%
Timhyma PQUE +51.5%
Canadagreece BVRT +41.9%
The Fast One BSQR +40.4%
Timhyma XYBR +38%
Canadagreece OPWV +38%
Timhyma MTMD +35.8%
Canadagreece OPWV +35.8%
Timhyma OPWV +34.2%
Timhyma PQUE +34.2%
Timhyma BGO +30%
CanadaGreece CHRT +20%
Over all a fantastic quarter for the BTS Hot hands!! As CanadaGreece and Timhyma lead the charge to beating the street by a large margin with 11 wins posted for the Q.
Streetshooter posted 6 wins for the Q on the strength of a very solid June.The FASTONE and lllllvan also posted a win for the BTS 2nd Q.As the numbers clearly show, BTS was very profitable in the last 3 months of trading action.
Don't think to many fund managers can make the same claims!!!
Great going guys!!!
In closing we like to thank everyone who as participated in BTS for the last 3 quarters.And even though we had a challenging period with the club deletions we still found a way to over come the problems associated with technical difficulties and got the members back in the club who wanted to remain a BTS member. But will still are missing a few people, so if you haven't got an invite or forgot to notify us, please send us a e-mail and we will send you an invite pronto!!
Going forward into the 2nd half of the year we have a lot of new things that will be included in the club forum that will hopefully add more enjoyment to your BTS experience.We also would like to expand the membership and we will be having a membership drive soon, so if you know of any one who you think would enjoy BTS and would be asset and participate on a regular basis,please feel free to request an invite on the BTS board and we will send an invite out to that person.
And as always, feel free to make suggestions that would improve the BTS experience.
Again we thank you for your participation and look forward to another great Q for all BTS members!
Sincerely,
BTS Management.
RE:Need a little help please
Well number one be sure in your 401 you wont be paying any early with drawl fee,s. Most 401 and other retirement plans clip you on early with drawl before retirement,plus the taxes you will have to pay, of course a lot depends on if its a tax deferred plan or not.... in a lot of cases you will be paying 10% penalty for early with drawls, and another 10 to 30% to your top line tax rate.... if by chance you are avoiding these early with drawl penalties, then you have to consider the risk.
On the surface, your plan seems rock solid.But there is an old axiom that states " never put all your eggs in one basket, especially when it comes to your retirement fund.I dont know your age or your financial situation, but in general dont fool with your retirement fund unless its a emergency.As good as this might look good to you, there is still risk involved and a commen sense to long term investing methods and financial savvy. In other words, take your risks inside the 401,since in most cases you are doing a weekly deposit into and are being matched, this lowers your total risk.
You wont have to look to hard to see others who felt they had a rock solid deal only to wake up one day to see all their retirement money vanish because the upper executives were crooks. Employees of WCOM, ENRON and others will attest to that.... and it will happen again, just the nature of the beast.
No matter how a stock looks or a company for that matter, the building can come crashing down in a matter of hours.
A lot of things to weigh here,.... . More then likely you will come out looking real good on this on paper.But is it worth the risk? For a dividend?
But in the longer term good investment habits begat more good investments, bad investment habits begat trouble eventually.
Sit down and figure how much this will cost your after all expenses are met.Then maybe take a small portion of 401 and play.IMO 25% at the most, beyond that , let the 401 do its job.
No matter which way you on this good luck on it,
Shooter
RE:Streetshooter
Tim,
Shoot i forgot about that one,LOL. But did take a quick look, i dont like the TA on this at all right now.If i remember correctly, this company is in dire straights FA wise. And looks like its dive bombing south with a rock tied to its arse.
Interesting , you mentioned this.... i have been doing some DD on a little company that i believe is a supplier to BCON.
Its a OTC BB.. ENVA, the little shit has some possibilites if they can finance without a huge amount of dilution. They have 800 grand in cash. should be ok for at least one Q anyways.And sales seem to be growing, and have some serious partnerships it seems with Ford Motor Co. and a few others.
Downside, is like BCON another customer had trouble paying bills and went BK, and owes money to ENVA.... might throw a few gambling chips at it, when the TA looks good, right now seems to be in a correction mode of a little run it had.
Story stock for sure, but fits in the alternative energy mode, and they sdo have sales with from some big companies and also seems they are getting money from the military.
For the money i would go with ENVA before BCON for the risk involved.
RE:Streetshooter/Linda
Linda,s scans produced some real nice winners!!... hope to see her soon back in BTS.
Still trying various scan theories on my end, have so many of them now. Back tracking the ones i have saved look good so far.Been trying to incorporate Moving Averages with some the indicators i use. One that looks promising a MA cross over scan with the AROON(these produce stocks with MA cross overs that have just started a new uptrends, these dont move real fast for quick hitters, but seem to do well within a 3 month time frame.
Also been working on Stochastics scans, but with some adjustments to the time frame, i have been elongating the timne frame to attmept to remove some of the choppyness that Stochastic can produce and consequently leading to false breakouts... these i can work various indicators into the equation, and seem to lead to some good short term gains also.
Will start posting them once i smooth out some rough edges.
Shooter
BTS NEWS: New Top Gun Challenge
Hello BTS members, we are announcing a new BTS Stock Challenge. Beginning the 1st of Sept we will be on a trial basis starting a new challenge: "The BTS TOP GUN" challenge.
We will be going to a 3 month challenge format, as opposed to our monthly challenge. Its basically the same as the old BTS challenge, but with a different and hopefully an exciting twist.
We will still have our monthly challenge, but, we will be keeping track of the winners on a quarterly basis,plus giving out bonus points to any Top Gun winners who post winning picks during a month. So you can accumulate points 2 ways.... One by winning a monthly challenge, the 5 and over, the 5 and under or the penny pick.
And you will also get bonus points for each stock posted as a win on the Top Gun List on our home page on Yahoo and Ihub.
Every month points will be tabulated, and after 3 months the BTS member with the most points will be deemed the TOP GUN for that quarter. We will run this for a year, and will tabulate points for the whole year also. So after one year, the BTS member with the most Top Gun points will be the " BTS TOP GUN OF YEAR"
We will also be awarding BTS TOP hats for every winner each quarter, and a BTS TOP GUN Warm Up Jacket for the yearly winner.
IMPORTANT NOTE: Need your opinions on this, we would like to get the clubs impute on this before we decide to implement this or not.
We are also considering initiating a LOCK IN rule, so that if one of your challenge picks has a good run and you want to lock that price in for the challenge you can. So all you would have to do is post in BTUs. By using the header Locking in XYZ @ what ever price it closes on for that day..... if you do not lock in your price, then what ever your stock closes at the end of the challenge will be used.
So please leave a message in the club whether or not you would like to see the Lock In rule a part of the Top Gun Challenge.
Here are the rules:
1.Here are the rules, as filed in the club-
BTS Challenge Guidelines and Top Gun explanation
The purpose of this challenge is to foster excellence in stock
picking and trading.
Categories:
(U.S. or CDN. Equities)
$5 and over
$5 and under
Pennies
Guidelines
All picks must be accompanied by a closed price. Picks made during
the trading session will need to be reposted with that days close.
Picks must be in by midnight EST 3 trading days after the 1st of the
month. This can be extended to a Monday if the 3rd day falls on a Non-
Trading day. Say( the 1st falls on a Thursday, 2nd friday--weekend,
then the 3rd day would be the Monday at Midnight EST) . Picks can be
long or short from all equity types. We would prefer normal stocks
that have a traceable symbol. Funds like ETFs apply as well. We have
found that options are difficult to track and do not support these in
the challenge yet. We will include "real" option trades in the Top
Gun Standings. Picks must be 1 per category but if you only have 2
picks or 1 pick; say a penny pick that's OK too. We would encourage
you to trade, fake trade and or monitor your picks and as per all BTS
recommendations or picks' DD is required. Keep us aware of the action
even if it's not happening. This is how we share our experience on
how to deal with matters as such. If the stock has been profiled in
the club then it should be stated and the info should be pointed out.
Many members actually buy their picks but this is not mandatory. If
you have any questions please post them in the club and a member will
be happy to assist you. We will post updates weekly at the end of the
trading sessions on the main page and intra-month winners at the end
of the month along with the general month end high winners.
Top Guns
This is the section where actual picks that members have bought and
traded in "Top Gun Style" are honored. We will post these winners and
keep them in the lights for 2 months consecutive. We require you to
post an MSG. that has Sold as the first word in your post so we can
search them and post them.: NO EXCEPTIONS!!
2. You can use the Lock In Rule for each challenge, but if you do not choose to use it, the closing price on the last day of the challenge will be used.: THIS IS SUBJECT TO REVIEW BY MEMBERSHIP AND ACCEPTANCE BY BTS MANAGEMENT.
3. No additions or deletions once your challenge pick is posted. Sorry no exceptions.
4. Closing prices will be used on the challenge picks.
5. On the Top Gun winners, only picks with DD will be allowed and awarded points( these are picks that are posted as buys, then sold.).
6. We will be using closing prices and will not include any type of dividend, the challenge and Top Gun winners list will use share price only.
7. You must be a BTS member....so if your not, you must join the BTS Yahoo club.
Picks can be posted on Ihub, but to be valid you must post them in Yahoo BTS.
8. Results and updates will be posted on both the Yahoo and Ihub board.
9.Buy And Sells: posted in the club will have a limit of 2 sells per stock choice.
Example: you post bought XYZ at 1.00, then post sold half of position at 1.40, then post sold other half at 1.60.
The Point System:
:
BTS Monthly Challenge Points for each category.
1st place: 5 points
2nd place:3 points
3rd place :1 point
Hat Trick: 5 Bonus Points
BTS Top Guns:Each Month
Winner for each month 5 points
10% gainers: 1 points
20% gainers: 2 points
30% gainers: 3 points
40% gainers: 4 points
50+% gainers:5 points
Participation bonus: 1 point
The Awards:BTS TOP GUN HATS, please check out photo,s in the BTS Yahoo club to view hats.
We hope to see a lot of members participate. If by chance you miss a monthly challenge, dont quit, remember the TOP GUN CHALLENGE is 3 months long, and the way the point system is set up, all it would take is one good month to get in the race again.
BTS SURVEY:The economy
Since we have a membership that covers all parts of North America and even with a member or 2 in Europe, we like to know how everyone's local, state, providence economy is doing.We see all the numbers the Feds or other government agencies like to throw out there, and at times seems all to confusing with all the talking heads giving their opinions. At times just seems like to much noise to filter out.
So our thinking is, let the membership tell us how the economy is doing, this should give us a wide range of logistics to work from and the info we gather could help all of us to make more sense from the numbers we are hearing.
So if you can let us know where you are located, and how things are going with your economy. Maybe you can tell the membership what your local or state or providence produces, industrial, oil and gas, wood products, hi tech. ect ect.
Do you see things improving? Or are they same, or worse? How's the unemployment situation going?Any other info you deem important would be great also.
Just post your thoughts on this on the club,s message board, Yahoo or Ihub.
Any info you provide will be greatly appreciated.
Good Luck To All,
BTS Management
TA Industry Charts:
Compiled these industry index charts for anyone that likes to check
for sector rotation and such.
In theory, one is better if going long to look for stocks within a
strong sector or industry, or to search our industries that have
declined and are over sold that are indicating a reversal, and a
possible start of a sector rotation. Finding stocks in such a phase
could lead to bigger gains as you would be positioning yourself for
at the bottom of a sector or industry decline....plus having the wind
at your back always help. Could be used also for possible shorting as
stocks within a industry do get caught up in a down draft.
Also, scanning these charts once in awhile gives one more of a over
view of the market, and see what industries are leading the market up
or down.
And of course, if you have any to add, feel free to do so.
Hope this helps everyone.
Enjoy!
Bio Tech Index
http://stockcharts.com/def/servlet/SC.web?c=$BTK,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Airlines Index
http://stockcharts.com/def/servlet/SC.web?c=$XAL,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Bank Index
http://stockcharts.com/def/servlet/SC.web?c=$BKX,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Commodity Index
http://stockcharts.com/def/servlet/SC.web?c=$CRX
Computor Technology Index
http://stockcharts.com/def/servlet/SC.web?c=$XCI,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Disk Drive Index
http://stockcharts.com/def/servlet/SC.web?c=$DDX,uu[m,a]daclyyay[pb10!
b40][vc60][iUb14!La12,26,9]&pref=G
Gold and Silver Index
http://stockcharts.com/def/servlet/SC.web?c=$XAU,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Oil (EOD)
http://stockcharts.com/def/servlet/SC.web?c=$WTIC,uu[m,a]daclyyay
[pb10!b40][vc60][iUh14,3!La12,26,9]&pref=G
Gold(EOD)
http://stockcharts.com/def/servlet/SC.web?c=$GOLD,uu[m,a]daclyyay
[pb10!b40][vc60][iUh14,3!La12,26,9]&pref=G
Silver Index
http://stockcharts.com/def/servlet/SC.web?c=$SILVER,uu[m,a]daclyyay
[pb10!b40][vc60][iUh14,3!La12,26,9]&pref=G
US Dollar
http://stockcharts.com/def/servlet/SC.web?c=$USD,uu[m,a]daclyyay[pb50!
b200][vc60][iUh14,3!La12,26,9]&pref=G
Computor Hardware Index
http://stockcharts.com/def/servlet/SC.web?c=$HWI,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Health Products
http://stockcharts.com/def/servlet/SC.web?c=$RXP,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Hospitals
http://stockcharts.com/def/servlet/SC.web?c=$RXH,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
S+P Insurance Index
http://stockcharts.com/def/servlet/SC.web?c=$IUX,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Internet Index
http://stockcharts.com/def/servlet/SC.web?c=$IIX,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Interent Index(DOT) Phili
http://stockcharts.com/def/servlet/SC.web?c=$DOT,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Networking Index
http://stockcharts.com/def/servlet/SC.web?c=$NWX,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Oil Index(AMEX)
http://stockcharts.com/def/servlet/SC.web?c=$XOI,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Oil Services Index
http://stockcharts.com/def/servlet/SC.web?c=$OSX,uu[m,a]daclyyay[pb10!
b30][vc60][iUh14,3!La12,26,9]&pref=G
Paper Index
http://stockcharts.com/def/servlet/SC.web?c=$FPP,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Pharmaceutical Index
http://stockcharts.com/def/servlet/SC.web?c=$DRG,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Dow Jones( REITS) Index
http://stockcharts.com/def/servlet/SC.web?c=$DJR,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
S+P Retail Index
http://stockcharts.com/def/servlet/SC.web?c=$RLX,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Broker and Dealer Index
http://stockcharts.com/def/servlet/SC.web?c=$XBD,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Semiconductor Index
http://stockcharts.com/def/servlet/SC.web?c=$SOX,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Telecommunications Index
http://stockcharts.com/def/servlet/SC.web?c=$XTC,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Utility Index
http://stockcharts.com/def/servlet/SC.web?c=$UTY,uu[m,a]daclyyay[pb10!
b40][vc60][iUh14,3!La12,26,9]&pref=G
Natural Gas Index
http://stockcharts.com/def/servlet/SC.web?c=$XNG,uu[m,a]daclyyay[pb10!
b30][vc60][iLa12,26,9!Lh14,3]&pref=G
Tim: PQUE( Linda,s MA Scans)
This was on Linda,s 5x10 MA scans from monday.Along with APWRE.
As discussed in chat last week, I will soon begin
running negative crossovers as well as .50-$5 stocks
with low P/E.
5x10 (35)
AMTA 1.10 84 ELECTRONICS - Semiconductor Equipment & Mate
APLX 2.09 1058 COMPUTER SOFTWARE & SERVICES - ApplicatSoftwar
APWRE 2.38 11912 ELECTRONICS - Semiconductor - Specialized
BMET 28.79 28860 HEALTH SERVICES - Medical Appliances & Equip
CLSR 21.61 2328 HEALTH SERVICES - Medical Instruments & Supp
CTMI 18.60 6968 HEALTH SERVICES - Medical Appliances & Equip
DMCO 1.05 32 FINANCIAL SERVICES - Investment Bkg - Region
DSGX 2.46 318 COMPUTER SOFTWARE & SERVICES - Business Sftw &
ELOY 3.65 157 INTERNET - Internet Software & Services
EXAC 14.95 643 HEALTH SERVICES - Medical Appliances & Equip
EXLT 7.47 9298 INTERNET - Internet Software & Services
FWV 20.80 14 BANKING - Regional - Mid-Atlantic Banks
GLDC 2.45 67 FOOD & BEVERAGE - Processed & Packaged Goods
GSS 2.45 26400 METALS & MINING - Gold
HITK 39.65 11977 DRUGS - Drugs - Generic
HMSY 2.80 566 COMPUTER SOFTWARE & SERVICES - Healthcare Info
INOW 1.07 119 INTERNET - Internet Service Providers
LRNS 3.75 241 DIVERSIFIED SERVICES - Education&Training Serv
MRGE 12.95 7845 COMPUTER HARDWARE - Data Storage Devices
NETE 6.55 11025 COMPUTER SOFTWARE & SERVICES - Security Softwa
NLY 19.79 9858 FINANCIAL SERVICES-Investment Brokerage-Region
OPWV 2.77 78383 INTERNET - Internet Software & Services
OUTL 5.05 70 DIVERSIFIED SERVICES -Business/Management Serv
POLXF 2.50 102 CHEMICALS - Specialty Chemicals
PQUE 1.56 5607 UTILITIES - Gas Utilities
SAPE 2.70 28711 COMPUTER SOFTWARE & SERVICES - Business Softw
SNDT 1.15 457 WHOLESALE - Computers Wholesale
SNIC 7.96 11520 COMPUTER SOFTWARE & SERVICES - Business Softw
TIBX 5.50 40424 COMPUTER SOFTWARE & SERVICES - Business Softwa
TMBS 5.96 218 COMPUTER SOFTWARE & SERVICES - Business Softwa
UHCP 0.41 25 ENERGY - Oil & Gas Drilling & Explorati
VMTI 1.00 877 HEALTH SERVICES - Medical Appliances & Equip
VRGE 0.83 450 COMPUTER SOFTWARE & SERVICES - Business Softwa
WRS 10.84 371 REAL ESTATE - REIT - Healthcare Facilities
XRIT 10.04 612 CONSUMER DURABLES-Photographic Equipment&Suppl
12x26 (60)
ACTY 0.54 305 DIVERSIFIED SERVICES - Business/Management Ser
AGL 16.95 476 DIVERSIFIED SERVICES - Business/Management Ser
APAGF 25 45 ENERGY - Independent Oil & Gas
ARTI 22.83 4670 ELECTRONICS - Semiconductor - Integrated Cir
ATRS 20.09 9365 COMPUTER SOFTWARE & SERVICES- Application Soft
ATVI 18.04 22023 COMPUTER SOFTWARE & SERVICES-Multimedia&Graphi
AXTI 1.45 4165 ELECTRONICS - Semiconductor - Integrated Cir
BARZ 35.1 1619 COMPUTER SOFTWARE & SERVICES - Info & Deliv
BKE 20 1726 RETAIL - Apparel Stores
CATY 42.01 784 BANKING - Regional - Pacific Banks
CESI 2.6 245 MANUFACTURING - Pollution & Treatment Controls
CGNX 22.7 4046 ELECTRONICS - Scientific & Technical Instrum
CHP 14.53 1378 ELECTRONICS - Diversified Electronics
COCO 46.6 10509 DIVERSIFIED SERVICES-Education & Training Serv
COGN 29.65 35621 COMPUTER SOFTWARE & SERVICES-Application Softw
CTR 20.7 1202 RETAIL - Apparel Stores
CTT 1.95 218 DIVERSIFIED SERVICES - Education&Training Serv
CVST 2.37 282 TELECOMMUNICATIONS-Telecom Services - Domestic
DBD 41.95 3838 CONSUMER DURABLES - Business Equipment
DFS 12.69 915 WHOLESALE - Basic Materials Wholesale
DSTM 10.04 1035 COMPUTER SOFTWARE & SERVICES - Technical & Sys
EFII 20.76 5777 COMPUTER SOFTWARE & SERVICES-Application Softw
EMBT 7.49 3230 COMPUTER SOFTWARE & SERVICES - Business Softw
ENDP 18.01 7106 DRUGS - Drug Manufacturers - Other
ENER 10.4 440 DIVERSIFIED SERVICES - Research Services
EPMN 1.6 373 DRUGS - Drug Manufacturers - Other
EXAR 15.85 8709 ELECTRONICS - Semiconductor - Integrated Cir
FRX 54.71 29588 DRUGS - Drug Manufacturers - Other
FSBK 32.74 61 BANKING - Savings & Loans
GEPT 2.25 101 LEISURE - Gaming Activities
GIGM 1.02 18883 INTERNET - Internet Service Providers
HAUP 2.71 2023 COMPUTER HARDWARE - Computer Peripherals
HSP 26.2 11416 MEDIA - Broadcasting - Radio
IHI 17.15 1207 MEDIA - Publishing - Books
IJX 0.52 815 HEALTH SERVICES - Medical Appliances & Equip
JOSB 30.31 1762 RETAIL - Apparel Stores
KIDD 12.75 271 CONSUMER DURABLES - Toys & Games
KNDL 6.17 835 DRUGS - Drug Manufacturers - Other
MCRL 11.96 22194 ELECTRONICS - Semiconductor - Integrated Cir
MPX 10.8 199 AUTOMOTIVE - Recreational Vehicles
MVSN 20.55 13678 MEDIA - Movie Production, Theaters
NAUT 10.6 2451 CONSUMER NON-DURABLES-Textile-Apparel Clothing
OMX 6.05 13952 SPECIALTY RETAIL - Specialty Retail, Other
ORLY 32.06 4498 RETAIL - Auto Parts Stores
PIO 23 50 CONSUMER DURABLES - Electronic Equipment
PIXR 60.7 16218 COMPUTER SOFTWARE & SERVICES-Multimedia&Graphi
PL 28.77 2982 INSURANCE - Life Insurance
PPCO 19.06 953 DRUGS - Drug Delivery
PRX 43.6 12806 DRUGS - Drugs - Generic
QSFT 12.58 39015 COMPUTER SOFTWARE & SERVICES - Business Softwa
RETK 7.97 23231 INTERNET - Internet Software & Services
ROG 33.85 384 CONSUMER NON-DURABLES - Rubber & Plastics
SBIB 12.5 3184 BANKING - Regional - Southwest Banks
SGP 19.33 95611 DRUGS - Drug Manufacturers - Major
SLAB 28.99 21055 ELECTRONICS - Semiconductor - Specialized
SNT 2.4 900 DRUGS - Biotechnology
SY 13.85 17142 COMPUTER SOFTWARE & SERVICES -Application Soft
TOO 18.96 14229 RETAIL - Apparel Stores
TWMC 4.2 1850 SPECIALTY RETAIL - Music & Video Stores
WWW 19.3 3774 CONSUMER NON-DURABLES-Textile-Apparel Footwear
20x50 (13)
CSCC 0.31 3010 COMPUTER HARDWARE - Computer Peripherals
ITG 16.68 10051 FINANCIAL SERVICES-Investment Brokerage-Region
JDEC 13.2 281413 COMPUTER SOFTWARE & SERVICES-Application Softw
KOPN 6.4 10334 ELECTRONICS - Diversified Electronics
LTRX 0.82 14545 COMPUTER HARDWARE-Networking&Communication Dev
MXR 0.38 13605 DIVERSIFIED SERVICES -Business/Management Serv
PCLE 11.01 16900 CONSUMER DURABLES-Photographic Equipment&Suppl
SCVL 15.83 509 RETAIL - Apparel Stores
SPNC 3.26 781 HEALTH SERVICES - Medical Appliances & Equipm
TENT 8.09 922 LEISURE - Restaurants
TIER 9.95 2730 COMPUTER SOFTWARE & SERVICES -Information Tech
TOO 18.96 14229 RETAIL - Apparel Stores
VLTS 4.77 305 DIVERSIFIED SERVICES - Research Services
Tempo:
Thanx for the link, this was one was brought up to me by Tim also.
I check them out them out once in awhile. Seems like these
guys are really into calling market movements... which is cool.
Would be nice to have those type of market callers in BTS too:)
Good Luck,
Shooter
KP:
Click on the Basic Calculator, then just enter option symbol and price of the stock.... and it does it for you.
I came up withj1.93 on Jan 4 7.50 calls... it closed at 2.00... so thats close enough in my book... gives you fair aestimate.
Hope this helps you.
Shooter
KP: ELN
Ok,
I did some more searching, i came up with this site.
It does the figuring for you.
It will get you close to what the option is worth at a certain
price.
You just have to put in option symbol and enter what price you want think the stock will go to....
I tried Jan 4 7.50 call at 7.73... it is close enough.
http://www.ivolatility.com/calc/
Re:thanks shooter(ELN)
Hi KP,
Well those Jan 04 7.50 calls sure had a good day up over 0.50.
As the 7.50 Jan 04 calls are now in the money, i believe when i mentioned this the calls where at 1.15, they closed today at 2.00.... nice gain hey!!
The math on formulating a future gain is quite difficult to say the least. As they are many forces at work and the formulas
are very complex, at least to me LOL.
I used to have a site that had a break down for derivatives, and the use of gamma, delta, ect ect.. all used in predicting how much a option possibly will rise for every point gained on the underlying security. And with all that you had to figure in implied volitilty... and with all that figuring, the best you could do was get a estimate, sometimes it was good, sometimes it wasnt.... as you still have to deal with all the action on the option itself.( Buy and sell orders).
I have since then lost the site... so i went to my Series 7 stuff, and did some reading for more info.
The best way to figure it, IMO, is using in the money calls.
You have premuim, one that will pay you no matter what, as long as the call stays in the money.
Example: ELN 7.50 calls are in the money.. the stock is 7.73
that is 23 cent premuim.If ELN goes to 10.00, the worst you will do is 2.27, thats the premuim. The 7.50 Jan 4 call is asking at 2.05.....and that does not include how much the price of option will go up. As that will be determined by the price of the security and the market action.
So, lets say, you have the 7.50 Jan 4 call, and you hold till expiration, and ELN is at 10.00.... you can not lose if you bought at 2.00... as you will still have your premium. Meaning, you excerise the option at 7.50... in reality you paid 7.73...you get the stock at 7.50, cash in at 10.00
Or just sell the option at a minimum of 2.23.... that is the beauty of "in the money options"... because as opposed to out of the money options, you will not lose all your investment cause you have a premium.
So thats how i figure using In the Money options.. i figure what is the worst i can do if the stock hits my target, by using the premium as my base.But that will usually be really low, as the price of the option will contiue to bid up as the stock goes up and attracts more option players.
Here is more info:
The price (value) of an option premium is determined competitively by open outcry auction on the trading floor of the CBOT. The premium is affected by the influx of buy and sell orders reaching the exchange floor. An option buyer pays the premium in cash to the option seller. This cash payment is credited to the seller's account.
Prices for T-bond and T-note futures contracts are quoted differently from the options premiums on these futures. Options on these contracts are quoted in 64th of a point. Therefore, a quote of -01 in options means 1/64, in futures, 1/32.
The option premium has two components: "intrinsic value" and "time value." The intrinsic value is the gross profit that would be realized upon immediate exercise of the option. In other words, intrinsic value is the amount by which the portion is in-the-money. (An option that is out-of-the- money or at-the-money has no intrinsic value.)
For example, in December, a June Treasury bond futures contract is priced at 82-00, while the June 80 call is priced at 3 10/64. The intrinsic value of the option is 2-00:
Bond futures 82-00
Option strike price 80-00
Intrinsic value 2-00
Time value reflects the probability the option will gain in intrinsic value or become profitable to exercise before it expires.
Time value is determined by subtracting intrinsic value from the option premium:
Time value = Option premium - Intrinsic value
= 3 10/64 - 2-00
= 1 10/64
Several other factors also have an impact on the premium. One is the relationship between the underlying futures price and strike price. The more an option is in-the-money, the more it is worth. A second factor is volatility. Volatile prices of the underlying commodity can stimulate option demand, enhancing the premium. The greater the volatility, the greater the chance the option premium will increase in value and the option will be exercised; thus, buyers pay more while writers demand higher premiums.
A third factor affecting the premium is time until expiration. Since the underlying value of the futures contract changes more within a longer time period, option premiums are subject to greater fluctuation.
Some parallels can be drawn between the time value component of an option premium and the premium charged for an automobile insurance policy. The longer the term of the policy, the greater the probability a claim will be made by the policyholder. This, of course, presents a greater risk to the insurance company. To compensate for this increased risk, the insurer charges a greater premium. For example, the total dollar cost of a one-year policy to insure the vehicle will be greater than a six-month policy since the vehicle is being insured for twice as long. The same is true with options on interest rate futures-the longer the term until expiration, and the more volatile the underlying market, the greater the option premium.
KP: ELN OPTIONS
Saw your post over on the private board. Been playing catch up on all the posts, finally had a few days off, even got to play trader on VITX and got to watch the action on stocks i was following or even own.
Tell ya sure makes a difference when you can monitor a stock for a few hours.It was nice:)
Anyways, back to ELN. Whats your question?
If i was long on ELN and still felt comfortable that its rise would continue, i would be looking at the Jan 04 5.00 calls.
They are in the money( which gives you intristic value, and adds less risk to the play)You could go with the 7.50 calls, and if ELN goes to over 7.50, you would be in the money, and should clean up!!!But, the underlying risk here would be what happens if ELN stalls? Or heading into July or late summer we have a severe market correction( and we are due!)And if ELN tanks like the rest of the market.... those out of the money calls will get clobbered, and even if you play out to Jan 04 on the 7.50 calls,
it would be difficult to make up loss ground, considering you will have to deal with time decay.
And i dont advocate averaging down on options.
So in my view, if i need to go long on ELN and want to use options, the Jan 04 5.00 calls would be the play, if i felt confident on ELN hitting 7.50 or more.
But, IMO, the play would be hold your stock position till you feel like you have to sell, then wait for TA reversal on the down side, and PUT it( short)Even minor corrrection on PUTS in the money will yeild good results. Then after the stock bases again, and you still like it, turn around and CALL it .
This way you can take advantage of both upside and downside swings, and back to upside.
Even though ELN has done well, at current price, with a company that is losing money, is to pricey for me at current valuation.
At some time the steam will run out on this, myself, i would feel more comfortable PUTTING ELN when the time is right. With a TA sell signal.... but i dont see that right now.
So i will watch. And wish you more success with ELN.
BTW, with them selling off assets to cover debt payments, how much will this effect their sales going forward?
And also whats up with Sachs filing to dump over 6 mil in shares? Any significance?
Good Luck,
Shooter
KP: ELN
Sorry KP i couldnt of gotten back with you on this sooner.
And i do apologize!
Ever wish there was 36 hours to day rather then 24? Hell we all be a lot younger wouldnt we? LOL
Just to much to do and not enough time to do it!!
Yahoo did a number on us, and spent most of my free time trying to get that squared away along with other BTS managers , so stocks in the last few days havent been on the forefront sorry to say.
Glad to see you respond to the BTS invite.
In regards to ELN options:
I have done no DD on this stock, but, if you see this thing going to 7.50 in the next 6 months or so... there are some good call plays, BTW... options seem to be very active right now on ELN.
If ELN hits 7.50 or more, the 7.50 calls look very tempting, at 7.50 you will have intristic value, and as such the downside will be limited. But that is only if it hits 7.50 or more.And will pay off nicely!
At current price, the 7.50 calls are risky, for they are not in the money.... so this bet will depend on whether or not ELN can run up beyond 7.50.
You can play the 5.00 calls... you have intristic value already, less risky, but pay off will be less.
Judging by the action today, the OCT 7.50 and Jan 04 Calls, Jan 10.00 Calls seem hot, so it looks like option players like ELN to continue to move up.
Let me know what you think, you seem to have a handle on this one. So perhaps i will play a few depending on what you say.
Again sorry for being late on your request, but i,m running behind on a lot of things right now.
Take Care KP,
Shooter
RE:Mr. Ed~(DFNS)...your concern is understandable
KP,
I must say this is a most impressive analysis, good job!!
This is some good DD, very very good!!
Will you force me to take a long look at this.
BTW, thanx for stopping by chat, it was great talking to you!!
Also great call on ELN!!!
The best to you,
Shooter
KP:DHB
Looks like a correction is in the making?
Wouldnt feel so bad about selling early, thats a emotion,lol, a no no for us,lol. We,re suppose to be cold and calculating, nerves of steal,( of course a valium works sometinmes too LOL)
You made money right?
Thats what counts!!
In response to your response on earnings: I liked the sales growth, and growing back log, plus new contract wins look promising. The net income was a nice jump, BUT, as i posted before, their earnings are now being taxed, and the last Q was at a higher rate. So the EPS growth was not all that impressive.
Was it a penny more then q from last year?
If so, the question is: can they achieve EPS growth once the tax rate is entered into the equation? Now this where its gets sticky for myself on companys like this, which at times makes it difficult for me in my valuation analysis.
Which in turn leads me to the cash flow statement.
Looks like DHB still is not gaining in their cash position, and this scares me the most on this stock. I will to wait until i can pull up the 10 Q.. and dig into the cash flow statement to see where the income is going.
But, i see more that i like, so i will watch closely.
Since i obvivious that DHB is be followed judging by rise in price and volume, its on many traders radar screen.
So a play might be in order once the TA dicatates it.
On the TA side of things; look at this chart.
You will a negative divergence forming on MACD and CHI OSC, this formation was developing a few weeks ago as the stock contiued to rise: This a CLASSIC example of negative divergences.
The stock continues to rise, as the indicators say sell!!!
Many times these diveregences are a pecurser to what is waiting for a stock down the road.And should be payed atttention to, IMO
These divergences come in many forms, and also work well on bullish signals as well. A positive divergence on the indicators as the stock continues to fall... is a excellesnt find!!These types are must for anyones watch list, once the stocks finds support on these, is a good way to play these.
Here is the negative divergence on DHB
http://stockcharts.com/def/servlet/SC.web?c=DHB,uu[m,a]daclyyay[pb9!b18][vc60][iUa12,26,9!Lq3,10]&am...
TA Scans: 5x10 SMA bullish cross over with MACD cross over
ADEX ADE Corp. NASD 6.100 6.650 6.100 6.540 25300
APAD Adpads NASD 0.020 0.020 0.020 0.020 1800
BPP Blackrock Preferred Opportunity Trust NYSE 24.550 24.750 24.550
24.700 20700
CAT.TO Cathedral Gold Corp. TSE 1.430 1.430 1.300 1.430 43340
CCG.V CardioComm Solutions, Inc. CDNX 0.110 0.110 0.110 0.110 10000
COT.V Conac Software Corp. CDNX 0.050 0.060 0.050 0.060 86000
DAIEY Daiei, Inc. NASD 2.150 2.150 2.150 2.150 0
DAKT Daktronics, Inc. NASD 13.980 14.820 13.930 14.680 105500
DBBD Digital Broadband Networks, Inc. NASD 0.035 0.045 0.035 0.044
597000
DTG Dollar Thrifty Auto Grp NYSE 16.370 16.920 16.370 16.920 54500
TA Scans: bearish( shorting)
TA Scan: Bearish ( Shorting)
Here is a shorters scan: P+F sell signal with a over bought condition
with declining RSI
APTM Aptimus, Inc. NASD 0.460 0.460 0.430 0.460 14000
APVE A.S.P. Ventures NASD 0.320 0.320 0.300 0.300 10000
AXTI American Xtal Technology NASD 1.730 1.780 1.420 1.450 410910
CERB CERBCO, Inc. NASD 3.200 3.300 3.050 3.050 4100
DENT InterDent, Inc. NASD 0.150 0.150 0.150 0.150 8000
DES Desc S A De C V NYSE 7.260 7.260 7.000 7.000 7000
DGF Delaware Grp Glbl Divid & NYSE 11.250 11.250 11.050 11.140 11000
IBR.V International Bio-Recovery Corp. CDNX 0.380 0.380 0.380 0.380
9000
ICY Packaged Ice, Inc. AMEX 2.160 2.210 2.100 2.120 98500
INS Intelligent Systems Corp. AMEX 1.860 1.860 1.720 1.720 500
Count: 10
3rd Annual BTS CHAT: May 8th 9:00 PM EST
Everyone is invited to our 3rd annual chat, all members and their
friends.We normally have our annual chat in the 3rd week of January,
but circumtances beyond our control dictated that we delay the annual
chat until May 8th.
The first two annual chats were a smashing success, as many members
who do not chat on a regular basis did participate.Its been a very
tough year in the markets and many have given up the investing and
trading game.But BTS still survives, as do most of its members.
Maybe some of us have taken a big hit in the past year or so, or have
actually made money, perhaps its time to talk about it. Come to the
chat and tell us whats been going on the last year!! If you took a
beating, come and vent, LOL... if you made money we love to hear
about that too.... and its ok to brag LOL.
We have formed a pretty cool community here, and some of us have lost
touch with each other. Lets take this opportunity to get re-
acquainted.
We have many new members join BTS in the last year too, so this would
be a wonderful time to meet each other and get to know each other in
BTS chat.
If you have the time next thursday nite, please join us, lets make
the 3rd annual BTS chat a great one!!!
The chat begins at 9:00 PM EST.... and should go on for a few hours,
or even more.So come late if you will, come dressed as you are, come
join us in BTS chat.
KP: DHB
Well my friend, the Q is out, so what are your thoughts?
I,ll show you mine after you show yours LOL!
All joking aside, a decent Q IMO, others might think it was kick ass, but still have trouble with a few things.But i did see enough to keep this puppy on my watch list.Nice top end growth.
BTW: dont mind paying a higher price for a stock once certain criteria is met.When both TA and FA have shown a significant bullish movements to the upside.In other words we can bet on a stock that we are bottom fishing with and HOPE the underlying fundamentals will improve, and try to nail the stock on a TA reversal.As opposed to waiting for the company to show you improved FA, even at a higher price for the stock.Wouldnt it make more sense to pay a higher price to see some confirmation?
And then wait for the TA to tell you when to buy? Now paying a higher price for a stock doesnt mean that the stock is over priced or expensive in valuation terms.
But then again we often find ourselfs chasing high risk high reward stocks myself included.With hopes of hitting it big.
IMO, this can be a very messy way to approach this, unless you can truely afford to lose most or all of your investment.And of course we all have gamblers in us, just in different degree,s.And this is where we have to weigh our long term objectives against our short term objectives. To find a suitable balance can be most difficult.
Will be interested in your views on the latest Q by DHB.
BTW: good to see you posting in Yahoo BTS, and understand your difficulty with Yahoo... God knows i understand this LOL
Good Luck,
Shooter
RE:Anyone still in NHC around here or is it DOA?
Hi Rick,
I believe most BTS members who are in this are still holding.Although not very happy and very frustrated, but still hopefull.There is still a lot of postings regarding NHC in BTS.
So how have you been? Everything ok on you end?
Good to see you posting again!!
Shooter
Re:shooter~DHB~funny how the different financial sites
LOL... i hear ya on the financial sites. I have used so many of them with the same results as you have gotten. With so many conflicting numbers, i just settled on two, that provides me with a quick FA glance for a solid over view to determine if i want to procceed any further with my DD.Which means usually digging thru the at least the last quarterly financial statement.Then procceed to some serious number crunching LOL.
I usually start here for key FA numbers, and this site will also provide other DD links if needed. If you go there, check out DHB,s cash flow from operations... then you will see on of my concerns. But, i havent doubled check these against the Q,s.
http://www.wsrn.com/apps/companyinfo/fund.xpl?s=DHB&f=FUND
This site and others do make mistakes on their numbers, which could to some extent explain the disparity among them.
Once i,m satisfied with what i have seen at wrsn, i then slide over to Marketguide.com, linked thru yahoo financial.This sit i like very much.... gives me key ratio,s i need plus will verify Q and annual numbers from wrsn. Between the 2 i get a good feel for a company, enough for me to decide if i want to bother checking it out any further.
Notice on DHB according to valuation comparisons , its very much undervalued?.... but, upon further examination, they are cash flow negative, this probably accounts for the low valuation IMO.They need quality earnings to really drive this stock.Instead of being PR or event driven.
http://yahoo.multexinvestor.com/MGI/mg.asp?target=%2Fstocks%2Fcompanyinformation%2Fratio&Ticker=....
Take Care,
Shooter
Re:shooter~DHB...
Kp,
Sorry for not getting back sooner. After chat i was attempting to respond, was about half way thru it when my screen turned blue and i was getting all these error messages, LOL, basically my system crashed and burned!!.. i,m using my little 1 gig back up now as my main PC is being repaired. Turns out the fan burned out and PC was over heating, thus causing all kinds of system errors.
On DHB, i can understand the analysts lowering of estimates, like i stated before, there is a concern over A/R, way way up compared to sales growth. Not might be a big deal longer term though, as it might be a military contract,or contracts that the government has not paid due to their accounts payable schedule.But, also take note, there was a quality problem
in the past, and its possible that payment is being withheld for those reasons.
On the taking head side, and the analysts side of things, red flags appear when A/R or Inventories are rising faster then sales.These concerns often will lead to down grades on the street.And the common Joe investor should be concerned also.
And one should attempt to find out why these numbers are rising faster then sales.... never take this lightly!!
Rising inventories can be just a ramp up for a big sales push for a new product, or, it could mean, they are not moving the product out the door or suppliers are experiencing a slow down.
In this case, you could be looking at a earnings disappointment in the future. The same can be said for rising A/R,s....if they are risning faster then sales, it could mean a problem in quality OR... the customer is having a hard time financally... or perhaps the company is extending its time frame for payment due to slowing sales or rising inventories.
In either case the bottom line is a negative effect on cash flow.Plus in essence the company is giving out interest free loans on its products.
But i,m guessing at this point that estimates for DHB were lowered due to narrowing of gross margins, as there is some increased over head for some reasons.Perhaps its a one time event due to increased overtime for future sales, as the company is preparing to satisfy growing back log.
Overall i,m bullish on this company, as the product line is not only a military product, but also should do well in law enforcement arena.
My comment about the end of the war was not so much about the fundametals, the last huge contract win proves their sales are not being based on a very short term war.My concern was about market perception when the war ends.... which could lead to a buying opportunity.
When this stock was first brought up in BTS, ,my TA reading was a neutral with a bullish bias rating... which i believe is when you took a position.
I have now since took a neutral with a bearish bias rating as the stock is in a early stages of retracement, and could be topping out short term.And if so, key support levels should be paid attention to.SMA and EMA will come into play here, especially on the crossovers.... With the earnings due out next week, a lack luster one could stop the rally right in its tracks, and could spur selling thru key support levels,but a good one will more then likely give momentum to the rally.
Guidence if given will be key here.
On the FA side, i have to rate a hold with a bullish bias.
I like the contracts, the growing back log, and the industry as a whole. A low PE of 9 will do wonders if they can exhibit some EPS growth , and sales growth more then 15%.
Simply put, they grow earnings at a 50 % clip the next year, its gives you a forward looking PEG with PE of 9 of less then 0.20... undervalued by any industry measure.But i also want to see a increase in free cash flow.... from operations.And i will want to see gross margins improve also.
I like the company, just need to see some concerns answered.
Perhaps the next q or even the one after that will do that.
DHB is on my buy-watch list.
Lets see what the next Q says!!
Congrads on the win.... pretty dam good for 3 weeks!!
Shooter
RE:shooter~DHB...
Hi KP,
I,m in chat right now with Tim, i get back with you on this as soon as chat is over.
Shooter
Re:hey shooter... how did I miss that?! lol
Hey KP,
The stock is looking very strong, and i dont hold a position.
The numbers from last Q kind a backed me off from this one.
The recent Pr,s are driving this stock. But i have reservations about the FA on this one, mainly the decreasing gross margins and the jump in A/R from last Q. Plus the gross net income didnt look really good.
The latest PR looks very promising, and a TA play might be in order.But i have concerns with costs here. Plus, what happens when US says war is over in Iraq?Which can be anytime.I might wait for that to happen.
There seems to be alot of good going on with this company,
right sector at the right time.But i want to know when the 85 mil and 5 mil from previou PR will be booked and recongized as revenue.
I think you got in at a good entry point, and good for you, hope you score big on this!!
I,ll wait to see next Q,s numbers, and see where she sits TA
wise.And see how the numbers pan out.I have no problem buying in a stock at higher prices, if i feel comfortable with FA, and TA is giving me buy signs.
The stock should retrace to the 2.50-2.75 area.
If it breaks 3.75, 5.00 could be the next level.And if they show improvement on eps, cash flow and gross margins,and the sales
show sigificant growth, a testing of 3 year high of 8.00 is possible.
The geo-political landscape should bode well for stocks like this going forward, at least in the short term.Beyond that i like other military stocks, LMT,NOC, ect. as the bulk of military budget will go to them.
Although DHB looks real good at the moment, be careful, there are FA issues to be considered, and dont be afraid to take a profit. You might want to consider trailing stops.
Good Luck,
Shooter
DHB NEWS....and good news at that!
DHB Industries Wins $5.3 Million Contract From The U.S. Military For Combat Vehicle Crewman's Vests
CARLE PLACE, N.Y. April 3 /PRNewswire-FirstCall/ -- DHB Industries Inc. (Amex: DHB), the market leader in the rapidly growing protective body armor industry, announced today that its wholly owned subsidiary, Point Blank Body Armor, has been awarded a contract from the U.S. Military for the manufacture of Combat Vehicle Crewman's ("CVC") vests.
The three year CVC contract was awarded by the Defense Supply Center Philadelphia. ("DSCP"). The first delivery order received under the new contract is valued at $1.7 million. The estimated value of contract if maximum quantities are ordered is $5.3 Million.
CVC vests provide a combination of Ballistic protection with lightweight outershells for a high degree of mobility and versatility within the tight confines of armored vehicles.
Commenting on the announcement, Sandra Hatfield, COO of DHB Industries, stated, "This contract win with the U.S. Military follows the enormously successful contract between the U.S. Military and our Point Blank Body Armor division for the Interceptor Outer Tactical Vest (OTV). We look forward to continuing to provide our Customers with exceptional products and service."
DHB recently reported record revenues of $130.3 million for the full-year ended December 31, 2002. The backlog of firm, funded purchase and delivery orders as of March 1, 2003 was approximately $57 million. Given continued strong demand across all customer segments in the first quarter of 2003, revenues for Q1 will exceed the analysts' estimates of $35 million.
About DHB Industries, Inc.
DHB Industries Inc.'s Armor Group is the market leader in the rapidly growing protective body armor industry. Its highly recognized subsidiaries, Point Blank Body Armor Inc. and Protective Apparel Corporation of America (PACA) are focused on the design, manufacture, and distribution of bullet resistant and protective body armor for military, law enforcement, and corrections in the US and worldwide. DHB Armor Group's customers include the U.S. Army, Air Force, Navy, Marines, Coast Guard, Secret Service, FBI, DEA, INS, ATF, NATO, U.S. Marshals, the NYC Police Department, the LA Police Department, and the California Highway Patrol.
DHB Sports Group produces and markets a comprehensive line of athletic supports and braces which are merchandised through national superstore chains including Target and Wal-Mart, as well as private label distributors such as Meijer, Amerisource, Cardinal Health, and CDMA.
DHB maintains facilities in Carle Place, NY, Deerfield Beach, FL, Oakland Park, FL, Jacksboro, TN, and Arlington, VA. To learn more about DHB Industries Inc., visit the website at http://www.dhbindustries.com .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
CONTACT:
Dawn E. Schlegel, CFO
DHB Industries Inc.
Wider Fi:A look into the near future?
A little-known standard called Wi-Fi turned into the hottest technology of the year and shook the wireless industry to its core. Now its successors hope to leave Wi-Fi in the dust.
That sound you hear, that incessant tapping on laptops at the corner cafe, the local park and the airport lounge, is music to the ears of the beleaguered tech industry. Wi-Fi, the magical wireless link that lets all those tappers blast data short distances at 200 times the speed of a dial-up modem for no extra cost, has turned into the only bright note punctuating Silicon Valley's indigo mood. Only three years old, Wi-Fi, a once-obscure wireless standard with the ungainly real name of IEEE 802.11, went supernova last year, selling 18 million connections--one of the fastest adoption rates of any consumer technology in history. Tens of thousands of Wi-Fi "hotspots" have sprouted around the country. Some McDonald's now offer a free link with the purchase of a combo meal. In March Intel kicked off a $300 million-plus marketing blitz for a new brand, Centrino, that packages together a new laptop microprocessor with a Wi-Fi receiver.
Now it looks like history may repeat itself. In January the industry group that spawned Wi-Fi released a new standard that may put the old one to shame. It extends the wireless range of Wi-Fi from roughly 300 feet to several miles and lets signals bounce around obstacles and penetrate walls; it also fixes security flaws and adds high-quality phone calls. This new standard is dubbed 802.16a by the Institute of Electrical & Electronics Engineers, which disdains catchy names. Some are calling it Wi-Max, but a better tag might be Wider-Fi. Meanwhile, a rival group at IEEE is working on 802.20--a kind of Mobile-Fi that promises speedy links in cars and trains traveling at speeds that can exceed 120 miles an hour.
"The ultimate vision is wireless broadband everywhere," enthuses Sriram Viswanathan, who oversees wireless investments at Intel's venture capital arm. "It could potentially be the biggest thing since the Internet itself."
Some fledglings already are turning it into a business. Intel (nasdaq: INTC - news - people ), looking to juice its stagnant PC business, is pumping $150 million into wireless investments. Smaller companies such as Proxim (nasdaq: PROX - news - people ) and Ensemble Communications are working on Wider-Fi gear, as is tech heavyweight Nokia. Flarion, a Cisco-backed startup, is selling equipment that it hopes will form the basis of the upcoming Mobile-Fi standard. The company is running two trials in South Korea, where new broadband gear is deployed first and fastest.
The Federal Communications Commission is going all out to clear the way for longer-range wireless networks. Last month it began a proceeding to open up more airwaves for city-spanning wireless webs by loosening restrictions on spectrum now held by Sprint, WorldCom, the Catholic Church and universities. "The opportunity is monumental," FCC Chairman Michael Powell said in announcing the push.
Wider-Fi networks pose a grave threat to the cell phone industry, which aims to blanket the country with wireless Web access by upgrading networks to higher-speed 3G, or third-generation, technology. Backers of 3G grudgingly accept that Wi-Fi is much more effective at short ranges. Last month Verizon Wireless announced a plan to use Wi-Fi to supplement its voice and data network coverage, following similar moves by T-Mobile and AT&T Wireless.
The value of cell phone companies' spectrum licenses could plummet if competitors successfully use other newly deregulated airwaves to offer Wider-Fi and beyond. Verizon values its licensed spectrum at $40 billion on its balance sheet, AT&T Wireless (nyse: AWE - news - people ) at $14 billion and Cingular at $7 billion.
"The wireless industry has paid billions of dollars to the government to acquire spectrum," Thomas Wheeler, head of the industry's main trade group, said in a recent letter to Congress. "We were perplexed and concerned [by] the suggestion that additional unlicensed spectrum should be given away for free to other commercial entities so that they may offer the same or similar commercial services." (Weakening that argument: The industry itself received a quarter of its spectrum free over a decade ago.)
Wider-Fi also could give local phone companies and cable operators night sweats, allowing wireless Internet service providers to cheaply hook up homes at broadband speeds. The same Wider-Fi link could also replace a phone line, since the standard is engineered to provide landline voice quality.
And Wider-Fi can slash the single biggest cost of deployment: access charges for linking a tiny hotspot to a local phone or cable network. A high-frequency version of Wider-Fi would allow entrepreneurs to blast a narrow, data-rich beam between antennas miles apart. It's the same idea that Teligent and Winstar tried in the late 1990s, only to spend billions before going bankrupt.
The cellular carriers and telcos say Wider-Fi and Mobile-Fi, like earlier efforts, are overhyped. Cellular networks, they argue, will grab the market first. "I don't think there is a successor technology to Wi-Fi that will be commercially viable for the next three, four or five years," says Richard Lynch, chief technical officer at Verizon Wireless.
He also doubts that the Wi-Fi model, which relies on unlicensed airwaves open to all users, can be easily expanded to cover larger areas. Today Wi-Fi avoids overcrowding its airwaves thanks to FCC regulations that keep power levels low and thus shorten the range of Wi-Fi signals. Five Wi-Fi users sitting in a small park can share the same hotspot without clogging it up. Since their low-power signals quickly die out, another group a few blocks away can reuse the same airwaves. If lots of people start running long-range networks in the same area, traffic jams could bog down the service.
But Roger Marks, who headed the IEEE standards group for Wider-Fi, and the rest of the 802 crowd are confident they can surmount the problems that have plagued earlier long-distance wireless efforts. The new efforts take advantage of the breathtaking pace of advances in wireless technology, driven by superfast, supercheap chips. For the first century after their invention in 1895, radio receivers were dumb, all-analog gadgets. Progress was glacial. A radio from 1990 was little different from one in 1950. But the second century of radio is proving to be far more innovative, disruptive and fast-moving.
Radios have all gone digital, and they now decipher radio waves using signal-processing chips. As a result, wireless technology travels the same bracing ascent as Moore's Law, the principle that has prodded the computer industry ever onward since the early 1970s. Each new generation of faster, denser chips can decipher signals that were too faint or too jumbled for previous receivers to parse. They're also cheaper, smaller, less power-hungry and have longer range. In the late 1990s, as digital cell phones rolled out, capacity leapt sixfold. Newer digital phones have since doubled capacity several more times, helping drive down the per-minute price of a cell phone call from 50 cents to under a dime. The Wi-Fi-type standards take several leaps further and now match the speeds of many wired networks.
The FCC's Powell is staying neutral in the fight over whether to go all-unlicensed, working mainly to open up large chunks of radio spectrum for all comers. (Double the megahertz of spectrum a wireless network can use and you double its capacity.) Inspired by the success of Wi-Fi, the FCC plans to open up a huge swath for unlicensed use, a whopping 255 megahertz, bringing the unlicensed total to 664 megahertz. By comparison, the early version of Wi-Fi ran on just 83 megahertz. "That's a carload of spectrum," gushes Edmond Thomas, head of the FCC's Office of Engineering & Technology.
The FCC, traditionally swayed by incumbent broadcasters looking to shut the door on competition, is finally acting more interested in giving all sorts of technology access to the skies. Says the agency's Thomas: "The last thing we ever want to do is pick specific technologies. We believe in the market doing that."
How the Standards Stack Up
Nickname 3G Wi-Fi Wider-Fi Mobile-Fi
Official name WCDMA, CDMA 2000 802.11 802.16 802.20
Max. speed (megabits/second)* 2 54 10 to 100 16
Coverage area Several miles About 300 feet Several miles Several miles
Who runs Cell phone Individuals, Individuals WISPs2
the network companies IT departments or WISPs2
Type of airwave required Licensed Unlicensed Either Licensed
Advantages Range, mobility Great speed, ultracheap Versatile, fast, long range Fast, mobile
Disadvantages Relatively slow, expensive Short range Interference issues? More expensive?
*Real-world speeds tend to be far less. 2WISPs are wireless Internet service providers. Source: Institute of Electrical & Electronics Engineers.
Wi-Fi, Wider Fi and overseas tech spending
Been looking at this stuff for a few weeks, as it was mentioned
in chat last week and also last nite, i have been putting out feelers
in my area on this with what techies i can talk to. Over all response
is: this stuff is catching on, and will continue to grow to a multi-
billion dollar industry. It has caught some of the big teleco,s
atttention, such as Verizon, Bell South, At+T, SBC,ect ect.... as
there is concern that Wi-Fi and Wider-Fi could cut into the big
wireless players market. As it is much cheaper then the standard
wireless packages being offered out there by well known industry
players.
It also can from what i,m hearing from my techie friends, can pretty
make copper DSL, a thing of the past before it even becomes the
future.
As stated in previous postings,it was of my opinion that the current
tech down turn would continue until there was some visibilty into
what future tech wonders would come to the forfront, and i also
believed that future lied somewhere in the wireless space... faster,
cheaper, and affordable to most.
The teleco,s will have to understand they will have to adjust their
previous thinking,and will have to do business in a much different
way then they previously thought if they are going to survive, this
includes all the major players..... copper is not the future!!!
Fiber and Wi-fi and other new technologies are on the threshold of
leading us out of this cap x rut we have been stuck in.
Although i can see a strong case for defensive plays, such as Gold,
Oil, and other commodites, and having exposure to these is IMO a good
move, especially in the short term, we cannot lose sight of the
future either, this is important to all of us and our financial
success in the future.....get to the party right when it starts, and
ride it to the hilt.
Would be nice to hear from our club techie friends on this
subject.And hear their opinons.And BTS does have some high quality
tech people.
Right now i,m focusing rightly or wrongly on the Wi-Fi tech, and what
it might offer on the investment side of things.
Here is a start:
Wireless and systems integration 'key to tech recovery'
IDC goes digging for gold
Wireless devices, computer systems integration and emerging
international markets are among the keys to a recovery for the tech
industry, according to market research firm IDC.
At its "Directions 2003" conference in San Jose, California this
week, IDC's chief research officer John Gantz said companies will
need help simplifying complex IT systems. He drew an analogy between
integrating companies' multiple applications and the city of Boston's
costly effort to build an underground road through "legacy"
infrastructure systems - a project known as "The Big Dig". Just one
in 10 websites are highly connected to back-end systems, he said.
"We have our own big dig," Gantz said. "I think we've just put the
first shovel in the ground on this."
Gantz was one of a host of IDC analysts offering advice at the
conference on Wednesday, which was geared toward senior executives at
IT companies. Tech execs have reason to look for answers. According
to IDC, IT spending dropped 4.1 per cent in 2002, on top of a 0.5 per
cent decline in 2001.
Forecasts for IT spending this year suggest modest growth at best. An
IDC study released in February found 85 per cent of companies plan to
increase or maintain their IT spending this year, but such spending
will remain under constant review. In a survey released on 3 March,
Forrester Research predicted that technology spending will increase
1.9 per cent this year.
But a Goldman Sachs survey of 100 chief information officers at
leading US companies indicated that average business spending on
computer hardware and software will decline by one per cent this
year. What's more, the war in Iraq has raised questions about a
recovery in IT spending.
A recent survey by Merrill Lynch found that less than one fifth of
American and European chief information officers said they would slow
technology spending with the start of the US-led war against Iraq,
but fewer still said they would increase spending even if the war
were to end quickly.
Despite the geopolitical turmoil, US-based tech companies would be
wise to look abroad for pockets of opportunity, suggested IDC analyst
Philippe de Marcillac. In fact, the Middle East region represents
a "wild card", he said, with IT demand ready to boom when the
geopolitical crisis is resolved. Marcillac also suggested that five
countries will become attractive markets in the longer term: China,
India, Russia, Brazil and Mexico. While IT spending in those five
nations totalled less than $50bn, or about £31bn, last year, it
should climb to nearly $90bn in 2006, he said.
Marcillac argued that China is a "technology powerhouse in the
making". It has world-class facilities, and a "phenomenal" amount of
investment is flowing into the country, he said. China is less like
Taiwan in the 1990s, and more like Japan in the 1970s and '80s,
Marcillac said.
Conference attendees heard other guidance about future trends. This
included discussions of utility computing, tech products for the home
and advances in display technologies.
Gantz said the growth in wireless devices also represents a
significant opportunity. He said by 2006, three billion mobile phones
will be in use, and 50 per cent of internet users will be mobile.
Such developments create growth in areas including billing
applications, location-aware applications and content redeployment
technology, he said.
Ed Frauenheim writes for News.com
HMMMM!!!
Damn,
No messages since Feb 3?......you guys have to much to say to be this quiet!
Question?
1.Considering the the US is on the threshold of war, and in the event the US will follow thru its promise to disarm, disleg, dehead,destroy,demean,discopulate( is this a word LOL).. Sadaam and his crew.Is the Geo-Political crap priced into the valuations of the market?Or if this Iraq stuff never existed, would the current valuations considering the lack of EPS growth and and top line growth in conjuction with sugar coated unemployment numbers mean even if there is no war,would this market still have much more down side then up?
2. And if no EPS and top line growth is not realized in the short term, and no significant cap x spending, then what?
Are we heading lower with the same short term bear market rally and then the usual( lets take advantage of this rally to cut our loses routine)sell off to follow?
3. Or is this Geo-Political back drop just merely a buying opportunity worth paying attention to?With new cap x spending dollars waiting to be spent only when the Iraq and North Korea problems are dealt with in a satisfactory fashion with the big money boys?
4. How does Gold play into all of this?
Just curious to see how you guys look at this .
Shooter
RE:BTS group ---- Good post, with the dollar in a slump, might be time to start looking over seas, China and elsewhere.When the dollar is going down it could spell earning windfalls for companies with over sea exposure.
Just something to ponder,
Shooter
PS,
I,m usually available on Tuesdays if you want to get together sometime.
Shooter
Hi EZ,
Good post, with the dollar in a slump, might be time to start looking over seas, China and elsewhere.When the dollar is going down it could spell earning windfalls for companies with over sea exposure.
Just something to ponder,
Shooter
PS,
I,m usually available on Tuesdays if you want to get together sometime.
Shooter
RE:Unarmed chemical warheads found in IRAQ
Interesting stuff CG. One has to wonder if this was a set up by Saddam or was it truly a unexpected find by the UN inspectors.
Does it really matter?..... Bush is committed to duking it out with him, and the only way the US will avoid war is to see this poor excuse of a human being play the " I,m outta here, and taking my millions to Saudi Arabia or Liberia card"
With that Gold should be watched carefully. There are many scenarios that can be played out here in the short term.
In the favor of more pressure on Gold prices we have a war with Iraq, disruption of oil supplies via the oil fields in Iraq being either shut down, destroyed or severely hampered by the consequences of war in the desert. Then you have issue of North Korea who insists on playing the black mail game with the US.
A game that will more then likely continue for awhile as long as the Iraq situation remains unclear to the general public or world. I believe its advantageous for some to keep the populus guessing.
Then you have Venezuela and her oil crisis.Add the US printing money like a out of control OTC BB printing up shares to cover consultant expenses that is devaluing the dollar which will be add to artificial inflationary pressure. And dont forget the mounting deficit the US is building as it cuts taxes during a prelude to war.The war with Iraq has already cost the US billions of dollars without even having a war.So the question is, how do they cover it? ...by printing money.The more you dilute the money supply, the more you devalue the dollar.Lower dollar values usually means higher gold prices, and inflation at some point as cost of goods will be higher due to dilution of the dollar.
As Gold continues to rise, it will see key resistance points as geo-political scenarios play out.And if such scenario,s are negative, it will hit resistance and break thru and continue its upward move. Traders will continue to move Gold up.
But, the other scenarios would be: The Iraq situation settles down,and Sadaam leaves or the war is very short and decisive in the US favor. Then North Korea backs off because it cannot count on the "over extended factor" it was counting on when US was focused on Iraq, which many so called politicl pundits believe is the reason why North Korea choose to make the nukes a issue in the first place.... it was the timing of it all.
In this case Gold will peak and fall. But in these uncertain times, Gold i believe will not be totally out of favor for awhile. Just to much uncertainty.And as we all know, the market does not like uncertainty.
Gold is set up for good short term playing, just watch the TA and play accordingly.
Good Luck To All BTS Members,
Shooter