Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looks like the MM got as much as was available from the week sisters and stop losses.
Now they have to pay higher to get their shares.
Wave Systems has the Highest Gross Margin in the Systems Software Industry (WAVX, CHKP, DBTK, CVLT, CA)
Written on Wed, 07/28/2010 - 5:43am
By Chip Brian
Below are the top five companies in the Systems Software industry as ranked by gross margin. Gross Margin tells you how many of your sales dollars are profit. If efficiency is improved, more profits will result.
Wave Systems (NASDAQ:WAVX) has gross margin of 94%, a sales growth of 45.5%, and trailing 12 months sales of $20.7 million.
Check Point Software Technologies (NASDAQ:CHKP) has gross margin of 88.6%, a sales growth of 16.7%, and trailing 12 months sales of $1 billion.
Double-Take Software (NASDAQ:DBTK) has gross margin of 87.9%, a sales growth of 3.9%, and trailing 12 months sales of $84 million.
CommVault Systems (NASDAQ:CVLT) has gross margin of 87.4%, a sales growth of 30.8%, and trailing 12 months sales of $271 million.
CA Inc (NASDAQ:CA) has gross margin of 86.4%, a sales growth of 3.9%, and trailing 12 months sales of $4.4 billion.
SmarTrend is bearish on shares of CA and our subscribers were alerted to Sell on May 05, 2010 at $22.08. The stock has fallen 10.2% since the alert was issued.
http://www.mysmartrend.com/news-briefs/news-watch/wave-systems-has-highest-gross-margin-systems-software-industry-wavx-chkp-db-0
I agree, and anyone that gives up their stock at these prices deserves everything that will happen in the next two months.
THEY WANT YOUR STOCK. They have to cover.
Looks like my gut feeling was one day early.
Hopefully this is the beginning of a very good August and September.
Don't forget about our latest survey. Click on this link to vote whether Q2 will be above or below 7 million in revenues.
The survey is running neck and neck at the moment.
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=17
I doubt you will see anything from thestreet.com until either Wave does quite a bit more than $7 Mil a quarter, or unless the is a Govt contract or a major contract that pushes the SP up $10-$15 in a very short time frame.
O.K. folks, I an not going crazy. There is no button for the survey. With all the changes IHUB has made they left the survey button off.
You can click on this link to get to the survey.
I will also put this link in the bottom of the IBOX.
I will also yellow flag it.
Have fun.
http://investorshub.advfn.com/boards/board_surveymenu.asp?board_id=17
I just put up a survey for Q2 revenues. Will Wave be above or below 7,000,000?
The only problem is I don't see the button for the survey to vote.
Anyone see it?
Ramsey, great post. It was also said at the SHM that this account, who ever it is: GM or Ford, is taking calls from prospective new accounts for Wave. Therefore, they must be very happy with Wave and it's technology.
Folks, the NAC article has been posted four times now by four different posters. Therefore, I will highlight the original post put up by Jake's Dad.
With the closing volume and the price move of the past five days I get this feeling that maybe we get some news tomorrow: TUESDAY.
Just my gut feeling but my gut could be wrong. We'll see.
tkc, you said in regards to Michael and Peter: "Can't remember the last time I saw or heard any report on their contributions".
Aren't they just employees? Peter is on the board.
I don't recall any discussions about what other employees or board member's contributions have been, have you?
Google eyes more government deals for online apps
Google gears up for government sales push on apps after winning prized security clearance
MOUNTAIN VIEW, Calif. (AP) -- Google Inc. is gearing up to sell its e-mail and other Web-hosted applications to a wider range of government agencies after winning a prized security clearance.
The sales push announced Monday marks Google's latest attempt to siphon customers away from rival Microsoft Corp., whose Office suite of e-mail, word processing, spreadsheet and other programs is widely used by government agencies and businesses.
Google is hoping that more federal, state and local government agencies will feel comfortable buying its online applications now that they have the U.S. government's seal of approval. The Federal Information Security Management Act certification means that Google's system for running the online programs is considered reliable enough to store most electronic data handled by U.S. government employees. The clearance doesn't cover classified information.
It's the first time the U.S. government has certified a bundle of software programs delivered over the Internet,a trendy concept known as "cloud computing."
Google has been trying to promote cloud computing as a way for businesses and government agencies to reduce their technology expenses. At the same time, Google is hoping to reduce its financial dependence on Internet advertising, which generated virtually all of its $13.6 billion in revenue during the first half of this year.
Software licensing and other non-advertising services accounted for $558 million of Google's revenue in that period, a 53 percent increase from the same time last year.
The government represents a potentially huge growth market for Google.
Federal, state and local government agencies combined spend more than $120 billion annually on computers, software and other technology. As they grapple with widening budget deficits, many government officials are looking to reduce their expenses by considering money-saving options such as cloud computing. The upfront and maintenance costs of cloud-computing applications are generally lower than that of software installed on individual computers because the programs are leased and automatically updated by the Web host -- in this case, Google.
Google charges $50 per user annually for the premium version of its applications suite. The company won't say precisely how many businesses and government agencies pay for its top-of-the-line apps as opposed to Google's more popular free version.
To gain the federal government's endorsement, Google agreed to store all government data in data centers located in the U.S. Google also is catering to government agencies with a new version of its applications tailored to their needs.
Google already has won several large government contracts, including a five-year deal with the city of Los Angeles in which it outbid Microsoft. Los Angeles wanted to switch over to Google's e-mail and other applications by June 30, but that target was missed because of security concerns raised by the city's police department. Google is now hoping to get its apps running for Los Angeles next month.
http://finance.yahoo.com/news/Google-eyes-more-government-apf-823031185.html?x=0&.v=4
You might want to read AWK's last post. eom
TKC, if Wave is 'family' run as you say, why are people like the Admiral, Lark Allen, Dr. Bob, Brian Burger and many more, signing on with Wave? Would they want to get frozen out by a family?
Dig, if you would have called ANY broker to place an order on Wave when the SP was at $.29, they would have told you not to touch this stock with a ten foot pole. They would have told you same thing at $1.42 in December.
At $.28 (now $3.28) you would not have done well to listen to them.
Call a broker today and they will probably tell you the same thing. LOL.
Monday, July 26, 2010, 10:53am MDT
H-P still planning Windows-based tablet
Hewlett-Packard Co. still plans to produce a tablet device using Microsoft Corp.'s Windows and debut it this year, according to a report Monday.
Bloomberg reported that Palo Alto, Calif.-based H-P (NYSE: HPQ) continues its work with Microsoft on a competitor for Apple Inc.'s iPad.
The Windows-based tablet H-P plans will be geared toward business customers rather than casual users, the report said.
We are now above the 10,20,50 and 200 day moving average. A little bit more volume today but not that much. Watch the volume.
Please explain to us why you would want to join the discussion of a stock you do not own? I agree, it is your prerogative, but I am wondering why? What would be the incentive to discussing Wave without having any money in the game?
You mention the 1:3 split a few years ago. You could have bought in as low as $.28 in the past 18 months, with the stock now at $3.23. Now that was a move. Someone must like what they see.
You posts all have a theme of the existence of Wave being in jeopardy. (Yes, you did stick in that one post of saying how well Wave did one day this week).
The volume has been very small all week, and we did move up $.26 this week. I wouldn't get to excited on the move up this week, until more volume comes in. I think you will see that very soon.
Now is your chance to get on the train.
As a non investor, what is it about Wave that encourages you to post? (Being a non investor!)
Wave has been around longer than all of us, and the fact that the share price has more than doubled in the past seven months (the street looks six months ahead) is very encouraging.
Wave now has companies and institutions following Wave. Wave has been recommended by a couple of analyst in the past few weeks.
Yahoo is now calling for Wave to show a profit of $.01 for Q2. Wave has never shown a profit.
Wave has enough money coming in now to support their expenses. Wave's revenues are the most of ANY company in this space. The margins for Wave are in the 90% area.
Things look pretty good from a real investor: ME.
Could that be the reason the HAP conference was postponed to September in the first place?
wavxmaster I believe the trend will be our friend for the rest of the year. I am happy for you that you bought your September buy now as I think September could be a defining moment for Trusted Computing and Wave.
Not that there is any connection, but Q2 earnings will come out about a week before this conference. Would be nice if we get a surprise or two before.
Dory, also let's not forget the investment Wave made in the patents in the last quarter.
We've heard these arguments many times before. If some posters want to keep answering the arguments of these posters that is their right and privilege.
Me, I will sit back patiently and wait for the stock to double again (or more) from here to the rest of the year.
sarayu, we did a survey, not to long ago, and over 80% will be in the black by $8.00. That is probably the price that we will have a party in Las Vegas.
anon, Weby and I both respect your opinion. We understand you do not trust the CEO. That's fine. If you think he is a liar that is your privilege.
With that said, many have come on and expressed the same opinion. That's fine, that's their opinion.
This board has a lot of very good DD everyday. That is what is important on this board.
Beating a dead horse is just that: beating a dead horse.
Good luck to you and your friends.
It is my opinion you are going to be very happy with this investment, but I could be wrong.
You said: Getting the point of profitability wrong so often is hurting us all.
Heck, I've made a lot of money in Wave in the past year. I'm not hurting.
anon, are you saying that you and your friends do not believe we are on the way to profitability?
Have you seen the progress that has been made from quarter to quarter and year over year in the past 12 months?
If you have, don't you think that is progress, and at some point there will be profits?
Aren't you happy that SKS said they have enough money to run the business without having to sell private placements to stay in business? No more dilution. Isn't this a good thing and a road to profitability?
As Weby said, a penny here or there, to show profits, doesn't really mean a darn thing at this point in time and doesn't show the whole picture.
As Wave continues to grow it's revenues (And they have) a profit will show up at some point in time.
As long as they can run the business on the cash coming in, that is the most important thing to me.
You will see profits. Wave's margins are the tops in their space. They have the most revenues of anyone in their space. Wave is on the right track.
BTW, as to losing money in Wave. Most of the friends I have on this thread that have been here over 12 years and are all in the black at this point in time. We are profitable. It was a matter of believing in what the company was doing and buying a lot of stock under $1.00 and $.50 and $.30. That has put us in the black.
I hope that those that did not buy down there are in the black soon. Then we can all stop blaming SKS and have a real party in Las Vegas.
You're right. I guess Wave is a bust, and I am just on the wrong side of this investment. I guess I should re-look at this investment and get out if I think they are lying all the time.
Thanks for making me see the truth about Wave's management. According to you they are really liars and are not to be trusted or believed.
Many thanks.
Give Wave credit. Most companies that were taken off NASDAQ, had a reverse 1.3 split, are not even in business anymore.
Wave is, and their share price has more than doubled in six and a half months.
No excuses just good progress.
I guess it's how some people view a glass half empty or half full.
So,,, you want to compare Wave Systems to Google. LOL.
It's all SKS's fault that the Govt has not adopted Wave's software YET, and that the TMPs haven't been turned on yet, and that Seagate was 2 1/2 years late with their hard drive, to name a few things that are SKS's fault.
Facts of life. Until we get a major announcement, to create a huge demand, the stock is going to trade between here and $3.30. The market makers and shorts are going to buy as much as you want to put up. Every share.
Those that sell here are doing themselves a big disservice in my opinion. They want every share you will give them.
Northrop's largest sector for cyber security work, Information Systems, hires about 4,000 people a year. The company specializes in encryption technology used by U.S. intelligence agencies that could be applied to protecting valuable data
....developing more high-tech products, such as cyber security and unmanned systems.
Wesley Bush is steering Northrop Grumman in a new direction
In the six months since Wesley Bush's first day as CEO, and with this week's announcement that he may abandon the shipbuilding business, military giant Northrop Grumman has become a very different company.
By W.J. Hennigan, Los Angeles Times
July 16, 2010
Since taking the helm of Northrop Grumman Corp. in January, Wesley G. Bush hasn't wasted any time shaking up one of the world's largest military contractors.
On his first day on the job, Bush made a stunning announcement that he was moving Northrop's headquarters out of Los Angeles — where the company has been since it was founded in 1939 — to the Washington area.
He then pulled Northrop out of the Pentagon's $35-billion aerial refueling tanker competition, shuffled top executives and this week announced he was looking at abandoning the company's $6-billion-a-year shipbuilding business.
The moves have analysts wondering whether Bush is dismantling a military juggernaut built up by predecessors Kent Kresa and Ronald Sugar.
"The decision to explore strategic alternatives for shipbuilding should not be interpreted as an indication that we are dismantling the company," Bush said in an e-mail, adding that he might separate Northrop from the shipbuilding business because it didn't fit with the rest of the company.
But to Loren Thompson, a military policy analyst for the Lexington Institute in Virginia, "Northrop Grumman is a very different company than it was six months ago. Wes Bush is determined to transform the business and culture of Northrop any way he can," he said.
Since the mid-1990s, Kresa and then Sugar acquired nearly two dozen companies with interests in virtually every aspect of the U.S. military, including building spy satellites and nuclear submarines, managing websites and protecting computer systems against hackers. Northrop Grumman grew from a billion-dollar company on the verge of bankruptcy to a $34-billion behemoth.
But in a conference call Wednesday, Bush said he was closing its shipyard in Avondale, La., near New Orleans, and that the company could get out of the shipbuilding business altogether.
"Going forward we perceive little synergy between shipbuilding and our other businesses," he said.
Bush, 49, is moving Northrop away from building traditional military hardware, such as massive warships, to developing more high-tech products, such as cyber security and unmanned systems. Northrop's largest sector for cyber security work, Information Systems, hires about 4,000 people a year. The company specializes in encryption technology used by U.S. intelligence agencies that could be applied to protecting valuable data.
"He sees Northrop as a company that will lead the way in cutting-edge electronics and information systems," Thompson said. "That vision does not include industrial metal-bending in shipyards."
The move to close the Avondale facility came amid the prospects of a slowdown in Pentagon spending on large weapons systems, such as tanks and warships. Last year, Defense Secretary Robert M. Gates proposed a plan to cut major weapons developments worth as much as $330 billion. And in February, the U.S. Navy canceled the planned purchase of two amphibious ships that were to be built at the Avondale shipyard.
The facility employs about 5,000 people. Production will cease in 2013 and operations will be consolidated with the company's Pascagoula, Miss., shipyard about 125 miles away.
Northrop currently builds transport and amphibious assault ships at both locations. So consolidating ship construction on the Gulf Coast will reduce costs and increase efficiency, Bush said.
"He's demonstrated that he's not afraid to be bold in his leadership," said Ned Douthat, an analyst at Ockham Research, an equity research firm. "It's not popular right now to take 5,000 jobs away from the Louisiana coast. But it's the right move for the company, and it provides the most value to shareholders."
Since 2008, the company has taken more than $430 million in charges against earnings because of delays caused by Hurricane Katrina and production problems.
Northrop picked up the Gulf Coast shipyards in 2001 as part of the acquisition of Litton Industries Inc. Litton had a considerable military electronics business, which appealed to then-CEO Kresa; the two yards came as part of the deal.
Paul H. Nesbit, an aerospace analyst with JSA Research Inc. in Sarasota, Fla., said the main objective of the Litton deal was to expand the electronics business and to acquire some members of Litton's management team. Shipbuilding was an afterthought.
In the six months since Wesley Bush's first day as CEO, and with this week's announcement that he may abandon the shipbuilding business, military giant Northrop Grumman has become a very different company.
"Northrop seemed to fall into shipbuilding," he said. "It never really fit with the rest of Northrop. It operated like a separate company altogether."
Later in 2001, Northrop bought Newport News Shipbuilding Inc., which builds nuclear submarines and aircraft carriers, to spoil a bid by rival General Dynamics Corp. to become the nation's largest military shipbuilder.
The ship business accounted for about 18% of Northrop's revenue last year, which leaves a sizable hole on balance sheets, said Michael O'Hanlon, a senior fellow at the Brookings Institution.
"Traditionally, shipbuilding is not the type of business that's going to grow exponentially year over year, but it's not going to diminish very much either," he said. "It's a steady stream of revenue because there aren't that many big shipbuilders in this country."
General Dynamics is the only other major competitor in the ship business. If General Dynamics makes a bid to buy the shipbuilding business unit from Northrop, the Pentagon has a dilemma on its hands.
"It's something we're going to watch closely," said Cmdr. Victor Chen, a Navy spokesman. "We want to make sure there's adequate competition in the marketplace."
Bush put the government in another precarious position in March when he pulled Northrop out of the race for a $35-billion Pentagon contract to build aerial refueling tankers. At the time, he left Northrop's rival in the competition, Boeing Co., as the sole bidder for one of the largest military contracts in U.S. history because he said the specifications dramatically favored Boeing.
Northrop had been seeking to win the contract since 2007, when it teamed up with Airbus parent European Aeronautic Defense & Space Co.
Northrop spent about $200 million to capture the contract and won, but the decision was later overturned after the Government Accountability Office found that the U.S. Air Force failed to credit Boeing for some of the plane's capabilities.
After the Pentagon relaunched the competition earlier this year and laid out new specifications in late February, it took just two weeks before Bush said the company wasn't going to pursue the contract. To him, it wasn't worth spending money to go after a contract that seemed all but destined to go to Boeing.
With a series of aggressive moves, Bush has shown a real contrast with the leadership of the past, said Rebecca Grant, president of IRIS Independent Research, a military and aerospace consulting firm. Past chief executive transfers of power at Northrop have been rather customary, she said. But Bush has taken the company in a new direction from the start.
"Wes Bush is not hung up on the Northrop Grumman of the past," Grant said. "Time will tell about his judgment. But I think you have to give him credit for making the tough moves early on."
http://www.latimes.com/business/la-fi-northrop-20100716,0,5529021.story?page=2
Smart Card Alliance Endorses Obama Administration's National Strategy for Trusted Identities in Cyberspace
Market Wire
3:57 PM Eastern Daylight Time Jul 15, 2010
The Smart Card Alliance
PRINCETON JUNCTION, NJ, Jul 15 (Marketwire) --
The Smart Card Alliance endorses the Obama Administration's National
Strategy for Trusted Identities in Cyberspace (NSTIC), developed under
the auspices of the President's Cyberspace Policy Review by the National
Security Staff and an interagency writing team.
The NSTIC initiative correctly recognizes that there are very real
problems of identity management, privacy and security in our society
today, and brings a much needed focus on solving the problems. Although
its scope is limited to cyberspace, the Framework it outlines would also
establish essential foundational elements that can help to strengthen
identity, privacy and security in healthcare, social security
administration, immigration reform and other programs in the physical
world.
The NSTIC Framework draft is well conceived and written. It is
intentionally broad in scope, providing a wide range of trusted identity
constructs and identity protection technologies. The Framework is very
pragmatic and practical in its approach, because it limits its role to
being an enabler, facilitator and accelerator of the Identity Ecosystem
development. There is a clear recognition that many different public and
private stakeholders will be involved in working out the specifics of the
Framework and ultimately, using it.
The Healthcare and Identity Councils of the Smart Card Alliance, a
non-profit public/private partnership organization whose members include
healthcare providers, financial institutions, payment brands,
enterprises, government users and technology providers, prepared specific
comments on the NSTIC Framework draft. Some top-level points are:
-- The Alliance strongly agrees with the ideas of using federal, state
and local government and academia programs to accelerate development
of the Identity Ecosystem, while leveraging existing procedures,
standards and technologies such as FIPS 201 and the Federal Identity,
Credentialing and Access Management Roadmap used to achieve Personal
Identity Verification (PIV) and interoperability (PIV-I) in Homeland
Security Presidential Directive (HSPD)-12.
-- The highest priority should be first defining the Identity Ecosystem
for the most trusted digital transactions based on an identity medium,
because this part of the Identity Ecosystem can have the greatest
positive impact on identity, security and privacy and it is also the
least developed commercially and therefore needs the greatest
attention and leadership.
-- A suggested idea to make high-value identity transactions both secure
and easy to use is the familiar approach of a card and PIN as an
identity medium; however, to achieve high levels of security, the card
must include smart card technology to carry PKI credentials,
biometrics and other security features; other important advantages are
that this would create a portable identity medium, and it provides a
secure environment that is independent from the PC, thereby
side-stepping issues involved with PC, website and service provider
hacker threats.
The NSTIC document explains that the need for such a strategy is due
to the rising tide of identity theft, online fraud and cyber intrusions,
the proliferation of usernames and passwords that individuals must
remember, and the need to deliver online services more securely and
efficiently. The Framework mentions smart card technology as the kind of
technology appropriate for an identity medium, or a personal security
device to protect identities in online transactions, and prevent others
from stealing or misusing identities.
An Identity Ecosystem that includes smart card technology as an identity
medium for high-assurance online identity transactions will provide a
very strong and proven foundation for protecting identities in cyberspace
in a secure, privacy sensitive way. This foundation can be put in place
without reinventing the wheel. The federal government has already
established a set of best practices, standards and technology solutions
for smart card-based identity management and authentication that can be
adapted to this initiative.
What is the advantage of using smart card technology?
A smart card is a card with a small computer in it. Unlike magnetic
stripe or RFID cards, the smart card's computer provides high levels of
security and privacy protection. Unlike PCs and other open systems, smart
cards are designed for security and are virtually impervious to malware,
forgery and other fraudulent efforts to extract information.
Smart cards can provide a secure tamperproof container for PKI digital
identity credentials and biometric identifiers. In addition, they can be
delivered in a familiar card format, making them both portable and easy
for broad public distribution and use.
These capabilities make smart card technology ideal for protecting
identities and privacy, and for preventing fraud. Smart cards are readily
used online and across networks and deliver very high levels of security
over the Internet.
Many readers of the NSTIC Framework may not be aware that all U.S.
federal government employees have a smart card-based ID card, the
Personal Identity Verification (PIV) card, which can be used to access
government facilities and information systems, and to digitally sign
documents or online transactions. The new electronic passports in the
U.S. and many other countries are based on smart card technology. The SIM
cards used in 80 percent of the world's cell phones are smart cards.
Nearly one billion credit and debit cards worldwide are smart cards,
based on an interoperable global standard called EMV, named for its
original sponsors Europay, MasterCard and Visa.
More information is available at
http://www.smartcardalliance.org/pages/activities-councils-identity
including the following white papers:
-- Healthcare Identity Management: The Foundation for a Secure and
Trusted National Health Information Network
-- Assurance Levels Overview and Recommendations
-- Identifiers and Authentication -- Smart Credential Choices to Protect
Digital Identity
-- Identity Management Systems, Smart Cards and Privacy
-- Privacy and Secure Identification Systems: The Role of Smart Cards as
a Privacy-Enabling Technology
-- Secure Identification Systems: Building a Chain of Trust
The current final draft is posted on www.nstic.ideascale.com for
public review and input. The Department of Homeland Security is
supporting the NSS in this public review period and is providing NSS with
the use of an Open Government tool called IdeaScale to collect and
prioritize comments. The document will be posted until July 19th, 2010.
About the Smart Card Alliance Identity Council
The Smart Card Alliance
Identity Council is focused on promoting the need for technologies and
usage solutions regarding human identity information to address the
challenges of securing identity information and reducing identity fraud
and to help organizations realize the benefits that secure identity
information delivers. The Council engages a broad set of participants and
takes an industry perspective, bringing careful thought, joint planning,
and multiple organization resources to bear on addressing the challenges
of securing identity information for proper use.
About the Smart Card Alliance Healthcare Council
The Smart Card Alliance
Healthcare Council brings together payers, providers, and technologists
to promote the adoption of smart cards in U.S. healthcare organizations
and within the national health IT infrastructure. The Healthcare Council
provides a forum where all stakeholders can collaborate to educate the
market on the how smart cards can be used and to work on issues
inhibiting the industry.
About the Smart Card Alliance
The Smart Card Alliance is a
not-for-profit, multi-industry association working to stimulate the
understanding, adoption, use and widespread application of smart card
technology.
Through specific projects such as education programs, market research,
advocacy, industry relations and open forums, the Alliance keeps its
members connected to industry leaders and innovative thought. The
Alliance is the single industry voice for smart cards, leading industry
discussion on the impact and value of smart cards in the U.S. and Latin
America. For more information please visit
http://www.smartcardalliance.org.
Ronle, I not sure we will show a profit for Q2, as to the conversation I had in N.Y.it was their feeling that they could show a profit anytime they wanted to, just by letting a few people go. They don't want to do that.
They will be very close to break even or above, it will really be close.
It's not that important to them that we are exactly over the top. If they show a profit, so be it. The important thing is that they are using what money they have to their best advantage.
HP Provides Security to DHHS
zacks
The world’s largest personal computer and server manufacturer Hewlett-Packard Co. (NYSE: HPQ - News) announced that its security product suite will provide assistance to the U.S. Department of Health and Human Services (DHHS).
To protect its eco system from cyber-threats, the DHHS will deploy HP’s TippingPoint Intrusion Prevention System (IPS) platform. The TippingPoint IPS platform provides powerful network protection at a high speed. TippingPoint also allows improved application performance and reduces total cost of ownership across the network.
The application of HP’s IPS platform will allow DHHS to filter its network traffic, which will enable a flexible and comprehensive working environment across all its agencies. We appreciate HP’s tie-ups with federal government as it will secure a constant flow of revenue through new contract wins.
Apart from HP’s success in its security solutions, we appreciate the company’s endeavor to facilitate the healthcare industry with its innovative solutions. For example, HP recently introduced a new program to facilitate different healthcare setups. The program, known as HP EHReady, will help doctors and different hospitals to store the health records of patients over the electronic media.
Recently, the federal government granted around $19.0 billion in incentives to medical practitioners and hospitals for buying and using electronic record keeping software. We believe HP is well positioned to benefit from the announcement.
HP’s second-quarter earnings exceeded the Zacks Consensus Estimate, with revenues continuing on an upward trend. HP expects revenues to remain stable in the third quarter and during fiscal 2010.
Although we remain positive about the company’s performance going forward given an improvement in demand and a leadership position in the PC segment, we believe competition from other big technology companies, such as Cisco Systems Inc. (NasdaqGS: CSCO - News), Apple Inc. (NasdaqGS: AAPL - News), Microsoft Corp. (NasdaqGS: MSFT - News), Dell Inc. (NasdaqGS: DELL - News), as well as smaller Asian players is building up.
http://finance.yahoo.com/news/HP-Provides-Security-to-zacks-758099969.html?x=0&.v=1
Question, you say you are looking for some shares at $2.95. If the stock goes to $5.00 in the next 90 days are you willing to miss it at $3.05?
Is the dine the difference of buying or not buying? In other words, if you are willing to buy at $2.95 is $3.05 out of the question?
Dropping nine cents on pathetic volume. They just step aside and hope you will get scared and sell. That's their game. Don't give them your shares. These prices will not hold in my opinion.
None at all. EOM
Well, if they had Wave's software and a SED or a FDE, the computers would be bricks.