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Let Us Hope So
Because there has not been much good news recently and there is little good news apparently on the horizon.
HH
Yes, that is why I raised that point. The amount is the same and Shepard does not seem to have a separate story a few days ago about the follow-on order for digeplayers of $635,000.
Very possibly a journalistic slip rather than confirmation that the digesystem is "us".
wsj
Got a URL for that story?
It's strange that the order size -- $635,000 -- is the same as the recent follow-on order for the digeplayers.
A link would help.
wsj
MH
Yes, after I made a caustic allusion to what someone on RB should go and do to himself (or some such thing in response to an offensive true believer), you gave me a solid historical reference to a musician who was reputed to actually be able to "baloon" [inflate ] himself.
Perhaps that is where Blunist's nickname "stems" from.
He-he.
wsj
Balloonlooney = Blunist
Best I could do on short notice. I gather he has replaced the last paranoid (LL) as the Head Paranoid over there.
Agora??
Like the Communists after the Revolution in Russia, they will soon run out of "enemies" to liquidate and start liquidating each other.
It's one of the Seven Steps of Paranoia -- probably Step 6.
Step 7, and you might let Balloonlooney know this, is to liquidate one's self. Meaning that he'll TOS himself.
wsj
HH
So what do you think? LL has personally flamed out for reasons unknown. I don't buy any of the "I'm so busy I can't post" jive that is being put forth. He was on there 24/7 before with his "Wyatt Earp" b. s. about how he is going to run people out of town and insulting the nonzealots. Him being too busy -- like him being a Ph. D. in law, etc.. -- is just his latest pile of manure.
But why has the site changed its behavior? Are they related?
wsj
Too Funny --
about the credentials and nature of Agora's resident regular poster. The man in the glass house is just too busy to throw stones any more.
A Geek Tragedy.
wsj
Ja, I am tinking we needing da new management.
Da current ones are drinking da Glug too much and hallucinating.
Eric the Red
Recognizing reality is always a good thing, regardless of when it happens. Many stayed in this stock for a long time before becoming jaundiced.
If they are in the digesystem and it dominates the competition and lots of airlines adopt it, it is a good thing. That's a lot of "ifs" though. They need a winning product, not big talk spewed by management and some infected shareholders.
wsj
Cassandra
I don't have the premium feature so I can't private message, but if you would like contact me at this email:
wsidejack@yahoo.com
Thanks,
wsj
FF
Maybe I'm just confused by a semantic slip. In your original post did you mean that the vote was "nearly unanimous" for Falk, etc... rather than "unanimous"?
If JimC voted a million shares against it could not have been unanimous.
wsj
JimC apparently did have quite a few shares, if what several people have stated at one time or another is correct. If he truly did vote them as he proposed, then they must have fudged the numbers/lied if they claim it was unanimous.
However, IF I recall the mechanics, you would have to go to the meeting to vote your shares against the slate proposed by management. Otherwise, your shares are not voted (unless you give management your proxy to vote your shares, in which case they vote for the proposed slate).
Perhaps he decided to not go to the meeting and publicly vote no or voice his displeasure.
wsj
Cassandra
Understood, in terms of your main points. But perhaps a number of shareholders who are dissatisfied and take such actions will start to get the point across.
Especially if people will not approve further equity issuance by voting against increasing the amount authorized.
As you say, if people don't vote or voice themselves nothing will happen.
wsj
Shareholder Dissatisfaction
Well, there are various ways to show dissatisfaction (while still remaining a shareholder, if one so chooses). In no particular order:
First, vote against the existing board when the next election comes up. In an extreme case, a dissident group could challenge the incumbents in the next board election in the hope of unseating them. Prime candidates would be major shareholders who live in California.
Second, complain to the existing board in writing about the situation to date and continuing management problems.
Third, when the time comes that they go to the shareholders for approval of an increase in the number of shares authorized, vote "no". Or make it clear (best time is now) through communication to the board that you will vote "no" unless the company greatly reduces waste beforehand by terminating unproductive employees, such as in sales.
Parenthetically, I have often wondered if the frequently cited "loyalty" of the shareholders is the company's greatest asset or management's greatest asset. Meaning if management has their own self-interest at heart rather than that of the shareholders/firm they may have conciously been playing shareholders like a fiddle all these years because they thought they could.
"Oh, they'll believe what we tell them, so tell them about a billion dollar OEM lurking around the next corner to keep the lid on at the next SHM."
Then do it again and again and again.
If stockholders keep approving all management proposals and re-electing the same people, what pressure is there for them to change?
Time to stop fiddling around.
wsj
Est. Revenue for 4th quarter
Based on the quarter by quarter numbers:
http://www.investorshub.com/boards/read_msg.asp?message_id=5437641
and the preliminary revenue for the fiscal year, that would give them about 700,000 in revenue for the last quarter. Preceding quarter was 1.4 mill and the one before that was 2.0 mill., so its decreasing by about 700,000 a quarter.
And therein lies the rub and the lethargy in the stock price. Despite the "hotness" of the digeplayer the revenues are trailing off.
If the 1.2 mill mentioned (I'm counting for convenience here the orders and deposits together) is all digeplayer revenue that will appear this quarter, then they are bouncing back off the past declines. But not revving up after the $2 mill quarter a bit ago. Discussion mentions 13 airlines to have adopted (not all announced yet), despite Ryanair and Jetsgo bad news.
wsj
$4.2 mill revenue for fiscal year (preliminary)
They just put out a press blurb to that effect:
http://biz.yahoo.com/bw/050503/35565.html?.v=1
Have not had a chance to check the numbers but they compare that to 3.4 mill for the preceding year and say that 1.2 mill is already booked for this quarter as orders or deposits (running at a pace better than last's year average).
Discussion says they have had a couple of resignations and the revenue comes from digeplayer. Kino development continues.
wsj
I guess Mr. I Went to Law School and I've Been on Corporate Boards and Am Subject to NDAs has a little trouble coping with the pressure of investing.
Typical bad lawyer; good at telling everyone else what to do but can't do it himself.
wsj
Because he's a true long,
who swing trades the stock. And he's all in favor of fair play and manners unless he is the one insulting people.
Must be on the wrong board. That's what Agora is for.
Seriously, I have no idea why people have this psychological need to inform the world about how much money they made on a trade or how their trades have turned out, etc... Especially when it is not verifiable.
Unless of course it is the continual "I just bought another x thousand because good news is coming." I remember how in the dark days on RB many a poster regularly trotted out that line to buoy other investors. That one is pretty clear.
Just as every other poster ordered two or three of the voice nav. players from the company.
wsj
Moxa
That would not be a great surprise.
It is strange to many here that there has been no statement by the company to that effect, if we believe that to be true, which would help the stock price.
wsj
MIR
Getting kicked out of there is becoming a badge of honor (reflecting on the place and not the ejected).
In terms of an analogy, when a country becomes repressive towards its citizens the best and the brightest leave (as is well known). But what does that say about who stays?
wsj
If the company were to shut down tomorrow and close its
doors (due to lack of business or financial bankruptcy) -- God Forbid -- would Agora not allow that information to be posted there because it would be "bashing"?
The answer to that rhetorical, extreme case question says a lot about that board.
wsj
Yup
You could simply convey good news with an earnings forecast (although management would have to be believable) or by repurchasing shares (signalling that the price is lower than management's assessment of true value) or even a split is a standard signal.
None require giving any specifics (as per continual NDA concerns) but the message is sent.
wsj
Rhetorical Question
If Agora is pimpin',
then who are the ho's in the process?
wsj
Agora is not even a good zoo anymore,
it's just a bad joke. And that's regardless of what happens in the future.
The past there is nothing more than shameless cheerleading as people who could not handle the reality of what they invested in made one crazy claim or prediction after another, all of which fell far short of the facts. To wit, the famous stock price prediction contest there not long ago.
Oh, but "we" don't play that game any more. ~
wsj
Ipod: The Real Lesson?
One of the things instructive about IPOD's success is that it takes more than product sometimes.
I've been told that there are many fine small vineyards in California, etc... who make wine just as good as the "majors". But if no one knows them, they don't sell much wine. They just don't get out of the starting gate.
There are probably jukeboxes just as good, but none have killed the Ipod. A big part of it is the name recognition, glamour and pizzazz of the Apple product.
This is instructive not just as a history lesson (to explain past edig troubles penetrating the dap market), but going forward as well. May be your device is just as good or better, but the major names may have the advantage.
wsj
Hans, you're easily amused
How about this for entertainment?
Q: What's the difference between Michael Jackson and Madonna?
Scroll down for answer.
A: Madonna's had sex with a woman.
Delay is the Deadliest Form of Denial
I feel compelled to quote Parkinson's Third Law (in the subject line) at this point, given the lack of information the firm's involvement in the embedded system.
Let's hope that we truly are in the embedded system along with the handheld.
wsj
And Likely Why the Stock Price Has Been Quiet
There are those in the know and then there are the rest of us. Those in the know trade before the news is publicly announced and the price tends to reflect the real information.
To wit, price languishes despite supposed great news coming down the pike.
wsj
Uh-huh
I can't think of too many examples of companies that don't announce good news when nothing is stopping them, so only that seems to make sense.
If you're having the annual prayer meeting, you gotta have something for the faithful cause if THEY start revolting you'll be lucky to get out of the building alive.
Remember the multibillion dollar oems and Toshiba, etc.... from the past meetings?
wsj
They may be saving their ammo to fire at
the SHM. Only problem is that you have a fixed amount of ammo. Whether you fire it sooner or later, there is only so much, and it is the amount (not when you discuss it) that counts.
wsj
Twomil
You have in your post put a positive slant on how the agora board functions and a negative one on how Ihub functions.
One can just as easily do the reverse by pointing out that no disagreement is tolerated on the Agora board (otherwise one is labeled a basher and tos'd) and those who do not agree fully with the common wisdom there are personally attacked (but the board policy of no personal attacks is not applied to them).
Add in that the hope or optimism you find there is often overblown speculation where the slightest piece of information discovered suddenly becomes "clear cut fact" that the company will generate millions.
Put it all together and what do you have? A religious analogy seems appropriate (and there are many examples from history). A gathering of the true believers that will tolerate no dissent and is out to convert more people to be among the faithful.
May be it is partly a natural reaction to some people feeling themselves being attacked when their investment is questioned by others ("attacked" in their words). But rather than lashing out, they should ask themselves if they are not overly invested (monetarily and emotionally) in this stock.
I agree with you that fundamentals will decide the issue and that even in the short run message board chatter will have little effect on stock price.
But I guess in my view the more useful message board is the one where the posters are closer to reality in their opinions, not hope or optimism.
The stock price decline by itself does not bother me that much, many small techie stocks have dropped greatly since 1999. But for management to issue a succession of advisories strongly implying that not only prosperity but great success is just around the corner, that is truly troubling, and I find myself tuning out posters and forums that repeatedly become orgasmic at any further management forecasts.
wsj
Michael Jackson Joke
I have a good Michael Jackson joke. Will I get banned if I post it here?
wsj
FF: Religion
Was it Lenin or Marx who said that religion is the opiate of the masses?
To continue the analogy, after they have been using it heavily (as on the Jonestown board) the effects start to diminish because the subjects become immune.
So the religious leader has to up the dosage. To wit, 40,000 units and its for sure.
Boy, that mid-2005 magic date when all truth will be revealed is coming up fast. I'm sure we'll see LL sitting at the right hand of the Father.
wsj
FF: Point taken
I was being charitable and brief in my post.
Saving electrons for future generations
wsj
Let's hope that LL is right,
for once.
wsj
Well, money talks ...
and that other stuff walks.
So we'll see how much they make off this product.
wsj
One of our well endowed shareholders:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=280&item=6950971702&rd=1
Danl
Such an instructive lesson in relations and relationships.
I have not talked to JimC in several years much less seen him so I am not able to bring him flowers, candygrams or hugs and kisses. You will have to do that on your own.
And I must say that your tracking the NASDAQ post bears similarities to JimC's similar posts at one time.
My earlier post was just noting a former post by him, who at one time was well respected in these circles, that seemed to shed light on the Falk family tree. If the company has been lying about a relationship between an officer and a shareholder/director to disguise nepotism, that reflects very negatively on them.
Or was Helmut "falking" in far off places and only recently he and others learned that Fred was related?
Perhaps someone in CA can do a check of the birth records to shed some light on the claimed relationship.
wsj
The price needs to move up a bit (see the recent
segment of the chart), or we'll soon be tracking the Titanic.
wsj