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WiMAX Forum Discusses Mobile WiMAX Coming Into Focus
By Tara Seals
Posted on: 10/12/2006
The mobile industry has a vision of delivering 4G services — consisting of personal broadband and a bubble of applications and content that a person carries around with them. Many players — including Sprint Nextel Corp. — have fingered the 802.16e mobile WiMAX standard as the likeliest basis to enable that vision.
The 802.16e version of WiMAX can offer both fixed and mobile access over the same infrastructure, opening the way for a new personal broadband service that gives users continuous broadband Internet access at home, at work and while they are on the move. Today, WiMAX Forum President and Chairman Ron Resnick will deliver a keynote address highlighting this capability, along with the many opportunities these services offer. At the same time, providers face challenges in accessing spectrum and educating subscribers, he noted; thus, his address will cover all sides of the issue for the mobile WiMAX ecosystem.
The first certified mobile WiMAX products are expected to be introduced into the market at the end of 2006 or in the first quarter of 2007 and will be followed in the second half of the year by equipment with multiple advanced antenna capabilities — MIMO and beamforming — for higher throughput and capacity, according to the WiMAX Forum. Widespread deployment could begin as early as next year, it says.
By 2010, there will be 15.4 million WiMAX subscribers worldwide, generating more than $16 billion in service revenue, according to Senza Fili Consulting. Of that, 57 percent of WiMAX subscribers will be using 802.16e.
According to a WiMAX Forum white paper, among the broad mix of service providers trialing or committed to deploying mobile WiMAX are wireline incumbents, 3G and 2G mobile operators, DSL and cable modem operators, CLECs, WISPs, greenfield operators and MVNOs. In addition, mobile WiMAX modules will be embedded into many data, consumer electronic and voice devices, including notebooks, PDAs, gaming consoles, MP3 players, cellular phones and smartphones, as well as devices for vertical applications, like CCTV cameras and in-vehicle subscriber stations.
However, mobile operators with 3G networks will not be the first to adopt WiMAX, according to Monica Paolini at Senza Fili. “New and established service providers that are eager to enter the mobility and portability market, but do not have cellular spectrum, will drive WiMAX adoption,” she says.
In addition to his WiMAX Forum duties, Resnick is director of industry programs for Intel Corp.’s Broadband Wireless Division. In June 2002, he launched and became general manager of Intel’s Broadband Wireless Access business startup, focused on wireless last-mile technology.
WiMAX Forum www.wimaxforum.org
(GlobeTel is a principle member of the WiMAX forum.)
http://www.xchangemag.com/tdhotnews/6ah61203148050.html
nilremerlin
Stockwire.com: Speak with other shareholders about: (OTC: AWYB), (OTC: GTEM), (OTC: HYPF), (OTC: CFRI)
AUSTIN, Oct 12, 2006 (M2 PRESSWIRE via COMTEX) -- A very interesting indicator to look for is where the money is flowing into. We have a filter that we watch every morning that shows us "Dollar Volume". Here are a few of these stocks: (OTC: AWYB), (OTC: GTEM), (OTC: HYPF), (OTC: CFRI)
Have you ever watched a STOCKUMENTARY? Visit the following link to see one first hand: http://www.stockwire.com/cdrom/streaming_flash_page.htm (OTC: AWYB) American Way Business Development Corporation announces today that it has completed its transaction with Pure Pleasure Fantasies, Inc. ("PLEASURE"), a Nevada corporation. Dynamic Resources LLC introduced the parties and facilitated the transaction. AWYB has, among other things, obtained all trademarks and patents relating to the Ultimate Adult Board Game "SHADOW SEX AND FANTASY MAZE". This Ultimate Adult Board Game has opened a new horizon on the sexual frontier. The SHADOW SEX AND FANTASY MAZE and related adult products have been in operation since 1998.
Talk to other AWYB shareholders by clicking the following link: http://www.stockwire.com/talkback?AWYB (OTC: GTEM) GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in Stored Value, VOIP and Wireless Access technologies. Individually, each of GlobeTel's five business units function as distinct, stand-alone entities. Together they form a powerful alliance of human talent and technological innovation resulting in the SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform and products enabling simpler, cheaper transmission of voice, data and money. GlobeTel has historically focused its business development on markets outside of the United States. Current and pending operations exist in Asia, Africa, Europe, South America, Mexico and the Caribbean.
Talk to other GTEM shareholders by clicking the following link: http://www.stockwire.com/talkback?GTEM
etc...
http://quotes.freerealtime.com/dl/frt/N?symbol=GTE&art=C2006101200285u9429&SA=Latest%20News
nilremerlin
Holein1: big_money_outsiders just makes things up off the top of his basher head, without any proof. If you question him about proof, his basher buddies at the law firms gang up on you to divert the focus...just ignore them.
IMHO, the BOD is better balanced now that more of the Rubikon-related members have left. This whole transformation is very healthy for the company and the phoenix will soon rise up from the ashes.
nilremerlin
...or maybe they're discussing a 3 for 2 forward split to keep institutional holders and other shareholders happy!?
nilremerlin
design333: Close enough! A couple of seconds won't make much difference in the chart...if it was a couple of minutes, that would be worthy of extra effort. I'll compromise and make it 9:30:07. Thanks again!
nilremerlin
montanar: It's noteworthy for a "rebirth/relocation" chart.
nilremerlin
design333: Thanks! FreeRealTime T&S is showing 9:30:06 as first trade time (I didn't think they'd show the T&S info there on GTEM, as they usually don't on pink issues):
9:39:14 AM Trade 0.28 1000
9:38:44 AM Trade 0.3 10000
9:35:24 AM Trade 0.28 5000
9:35:04 AM Trade 0.27 5000
9:35:02 AM Trade 0.27 5000
9:34:36 AM Trade 0.27 5000
9:33:22 AM Trade 0.25 10000
9:32:40 AM Trade 0.25 5000
9:31:40 AM Trade 0.25 5920
9:30:12 AM Trade 0.25 10000
9:30:06 AM Trade 0.25 400
I'll do charts on both times.
nilremerlin
With the transformation of GTE to GTEM, it is no longer a left-handed stock (on the keyboard, lol).
nilremerlin
design333: Please remember to let me know the exact time of the first trade of GTEM. TIA
nilremerlin
GTE is still on the AMEX SHO list for 10/10/2006:
http://www.amex.com/amextrader/tradingData/data/RegSHO/daily/AMEXth20061010.txt
nilremerlin
Of the 349 trading days we've had since the May 23, 2005 GTE AMEX listing (day 1),
203 days have closed Down,
126 days have closed uP, and
20 days have closed even.
So much for the AMEX!
nilremerlin
Of the 349 trading days we've had since the May 23, 2005 GTE AMEX listing (day 1),
203 days have closed Down,
126 days have closed uP, and
20 days have closed even.
So much for the AMEX!
nilremerlin
cabinvineyard: that final appeal would have stretched out the "quiet period" to an intolerable length of time for us shareholders. Better to have the SEC investigate AMEX more discreetly, go pink and OTC to take the muzzle off and disallow shorts from having extra time to cover, IMHO.
nilremerlin
rwehapi2003: The .PK applies when using Yahoo, otherwise the GTEM will work most everywhere else, in my experience.
nilremerlin
I think the AMEX decision was somewhat based with bias on the fact that AMEX resented having to actually do some WORK for a living (for a change) with GTE on board, and we were too much of a live wire for the lazy old f---s to handle, especially since GTE wanted them to look into manipulative trading (which I'm sure they're fully aware of, but publically in denial of it).
AMEX will get what they deserve in time, and the egg will be on their faces.
I think it would be dutiful to warn any company looking to be listed on the AMEX to think twice about it, given the manipulative history GTE has experienced on the AMEX.
nilremerlin
I think the M stands for Money!...if not Merlin, lol!
nilremerlin
big_money_outsiders: Another lame answer from you...I'm not talking about the volume today, I'm referring to your statement, alleging that institutions unloaded all the way down from $5 to .30. Either prove it, or shut up! Perhaps you have trouble understanding simple English!
nilremerlin
big_money_outsiders: that was a lame answer, and skipping around my challange to you. You stated:
"sorry but the market has spoken loud and clear from a high of over $5 to .30's ? Institutions would know best, they have been unloading all the way down."
Prove your statement. Show me where institutions have been unloading all the way down. I bet you can't!
nilremerlin
big_money_ousiders: I'm still waiting for an answer from you to the question I posed in my previous post:
http://www.investorshub.com/boards/read_msg.asp?message_id=13898423
I bet you won't answer, 'cause you can't back up your statement.
C'mon, I'm waiting...don't avoid it.
nilremerlin
Wireless: Seeking a voice in future of WiMax
International Herald Tribune
Published: October 9, 2006
MILAN WIRELESS
Eric Sylvers
A battle is brewing that may well decide how Europeans connect to the Internet using cellphones, laptops and other portable devices in the coming decade.
Mobile phone companies, chip makers and manufacturers of wireless networks are pushing their sometimes conflicting cases for how the limited amount of radio frequencies should be used to beam data from the Internet to mobile devices and back the other way, a decision that generally is left to national governments.
This week, Craig Barrett, chairman of Intel, was to meet with European Union officials in Brussels to call for "technology neutrality" on the issue. Intel wants the pieces of the radio spectrum to be used by the companies willing to pay the most for it, whether they are established cellphone companies or start-ups setting up wireless networks based on new technologies like WiMax, a trademarked term that stands for "worldwide interoperability for microwave access."
Intel is one of the biggest promoters of WiMax because it is beginning to produce chips that embed the WiMax technology. Intel says that by 2008, laptops will be WiMax-ready in the same way that many are enabled for the shorter-range Wi-Fi standard today.
Theoretically, WiMax has a reach of about 50 kilometers, or 30 miles, and it is already available in selected areas in some countries, including the United States, Britain, Spain, France, Germany and South Korea. The appeal of WiMax lies is its ability to cover large areas with a wireless network that would send data faster than Wi-Fi but would need far fewer antennas. The drawbacks are that the networks are not yet built and that WiMax achieves many of the same results as existing third-generation cellphone networks.
In most European countries, governments are designating the spectrum of 3.4 to 3.5 gigahertz for WiMax operators. Those operators say that band is just barely sufficient - and not enough to ensure an Internet connection does not drop when a user passes from the coverage area of one antenna to another, when, for example, on a train.
To guarantee the handoff, operators say they need to be able to use the part of the radio spectrum of 2.3 to 2.5 gigahertz. The rub is that many European countries have already set this aside for mobile phone companies should they need the added spectrum to improve their 3G mobile phone networks.
"The lower frequencies that will make WiMax mobile are the holy grail," said Patrick Cruise O'Brien, secretary general of the WiMax Spectrum Owners' Alliance, which is based in England and represents about a dozen mostly small, private companies that use WiMax spectrum.
"It would be detrimental to the future of European WiMax if the mobile frequencies were handed over to the 3G operators," said Cruise O'Brien.
"WiMax will only really matter in Europe if it is mobile."
Without handoff ability, WiMax works pretty much like Wi-Fi, he said.
The spectrum battle is less of an issue in the United States and much of Asia and Latin America because the spectrum of 2.3 to 2.5 gigahertz has not been reserved for companies building 3G mobile phone networks there.
In the United States, WiMax got a lift two months ago when Sprint Nextel, a mobile phone carrier, said it would invest as much as $3 billion to construct a nationwide WiMax network using the 2.5-gigahertz spectrum together with Intel, Motorola and Samsung.
Sprint plans to begin trials next year and start the service extensively in 2008.
Karim Lesina, Intel's government affairs manager in Brussels, said that without the 2.3-2.5 gigahertz spectrum, European operators "could lose the lead" they have in mobile technology.
The conflict is that a truly mobile WiMax threatens to make 3G mobile phone networks obsolete even before they are fully operational and after European operators spent €100 billion leasing the spectrum.
Some cellphone operators say they are interested in WiMax, but Cruise O'Brien and other industry experts wonder whether they will push a technology that threatens to trump 3G.
"Carriers spent a lot of money on 3G, and they want to reap the benefits of that investment," said Jagdish Rebello, who is based in California and is the principal analyst of wireless communications for iSuppli, a market research firm. "The 3G operators will do what they can to slow down the deployment of WiMax, which I don't see being rolled out until the beginning of 2008."
In addition to making WiMax mobile, the lower frequencies allow the same coverage as at the higher frequencies but with fewer antennas, Rebello said.
Vodafone, the largest European mobile phone company and the owner of 3G networks in Britain, Germany and Italy, among others, says it has tested WiMax but does not see any benefits over advanced 3G networks.
"Vodafone supports flexible use of spectrum," said Richard Feasey, director of public policy for Vodafone. "Before we can start discussing how the 3G expansion bands should be used, the industry needs clarity on how we'll be able to use our current spectrum in the future."
In Brussels, Barrett will be appealing to a group whose decisions are not always binding.
But the European Union works to ensure that the different parts of the radio spectrum are used for the same purpose across the 25 member countries and the body often sets the standard that countries follow.
http://www.iht.com/articles/2006/10/09/business/wireless10.php
nilremerlin
CTF evaluates Global Hawk system
Block 20 performs safety-of-flight engine run
The new Global Hawk Block 20 sits parked in an Air Force Plant 42 hangar in Palmdale, Calif. The Combined Test Force conducted safety-of-flight engine run tests and taxi testing recently. The Global Hawk is also scheduled to conduct takeoff abort test, and first flight. The first flight will deliver the Global Hawk to Edwards for more testing. (Photo by Bill Krause)
(high-resolution image)
10/6/06 – EDWARDS AIR FORCE BASE, Calif. – The Global Vigilance Combined Test Force conducted a milestone engine run and completed the first of several taxi events for the Global Hawk Block 20 at Air Force Plant 42 in Palmdale, Calif., Sept. 26 and 27.
The team conducted a safety-of-flight engine run to evaluate the Global Hawk and its interaction with the ground control elements of the aircraft system.
“The primary importance of this testing is to provide confidence to the entire test team and the program’s leadership that the Block 20 of the Global Hawk system is ready to taxi and complete a first flight,” said Thomas Bryson, Global Hawk Flight Test Northrop Grumman manager for test support activity. More...
http://www.edwards.af.mil/news/index.html
nilremerlin
big_money_outsiders: Show me where institutions have been unloading all the way down...I dare you! I'm prepared to show you otherwise.
nilremerlin
Is there any site that provides the Time & Sales record for pink sheet stocks? In any case, could someone please note the time of the first trade on GTE on Wednesday for me...I'd appreciate it very much. I only need to know the time of the first trade (hour, minute, second).
thanks,
nilremerlin
labrador: Trading pink is not necessarily bad:
http://finance.yahoo.com/q?s=LUKOY.PK
The SEC investigation is the final test in the gauntlet, a cleansing process before a representation to a better exchange.
Waiting to get on the OTCBB is a good idea, timing-wise, and getting on that exchange on ~Nov. 15th would be ideal, IMHO.
Some institutions and smart money will accumulate on the bottom area of the price range in the meanwhile...right now, nothing Big money is as it appears to be. You have to look behind the appearance to find the truth.
nilremerlin
justfrank, shrinkdew: Perhaps it's Thomas Jiminez coming out of retirement after a health improvement? Perhaps Lynch took on too much with his expanded role, and got stretched to the point of making some boo boos, perhaps ommissive due to lack of awareness?:
GlobeTel Communications' COO Lawrence Lynch's Expanded Role to Include Chief Financial Officer Responsibilities
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--April 10, 2006--GlobeTel Communications Corp. (AMEX:GTE) announced that Chief Operating Officer Lawrence Lynch has been appointed acting Chief Financial Officer, succeeding Thomas Jimenez who has retired for health reasons. Mr. Lynch will continue his responsibilities as Chief Operating Officer during this period, although it is the company's intention to appoint an equally accomplished professional to the permanent CFO position as soon as the recruiting process can be comfortably completed.
Mr. Lynch, former Chief Financial Officer for First Data Corporation - Latin America, has over 25 years experience in accounting, banking and card-related products. He began his career as an officer for the Irving Trust Company (now Bank of New York) and later as a Vice President of Security Pacific National Trust Company. In addition, Mr. Lynch has owned and operated several successful "acquiring-and-issuing" card companies in the United States and in Mexico. Mr. Lynch has a Bachelor of Science degree in Economics from Hofstra University, New York and an MBA from Adelphi University, New York. His significant international experience, coupled with his operational, financial and strategic planning capabilities are very beneficial to GlobeTel as it expands its presence in foreign markets. Mr. Lynch, his wife and seven children call South Florida home.
Timothy Huff, GlobeTel's Chief Executive Officer stated, "I would like to thank Tom Jimenez for nearly seven years of service to our Company. He's been instrumental in helping forge the future of the Company and getting us to where we are today. He has been a valuable asset and will be missed. We all wish him the very best as he manages the new set of challenges in his life."
Mr. Huff continued, "Larry Lynch's range of competencies is impressive. He has been a dynamic Chief Operating Officer since joining us almost two years ago. He has been a highly successful CFO at a major international financial services company and fully understands the complexities of today's public accounting environment. We're very comfortable with Larry assuming the duties of CFO until we're able to identify a suitable long term Chief Financial Officer."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in Stored Value, VOIP and Wireless Access technologies. Individually, each of GlobeTel's five business units function as distinct, strong stand-alone entities: Together they form a powerful alliance of human talent and technological innovation resulting in the SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform and products enabling simpler, cheaper transmission of voice, data and money. GlobeTel has historically focused its business development on markets outside of the United States. Current and pending operations exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: www.globetel.net.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
CONTACT: GlobeTel Communications Corp.
Director of Investor Relations
Robert Bleckman, 954-775-1427
SOURCE: GlobeTel Communications Corp.
nilremerlin
Time & Sales (quotemedia)
Price Size Exch Time
0.35 300 PAC 18:43:06
0.35 4700 PAC 18:36:53
0.35 300 PAC 18:36:53
0.38 1000 NDD 18:28:30
0.37 1000 NDD 18:28:14
0.40 15000 NDD 18:26:06
0.35 15000 PAC 18:26:06
0.40 2200 NDD 18:18:49
0.40 2000 NDD 18:18:11
0.40 10000 NDD 18:17:38
0.41 2600 PAC 18:17:10
0.40 600 NDD 18:17:10
0.40 2000 NDD 18:17:10
0.41 300 PAC 18:17:00
0.40 5000 NDD 18:16:33
0.40 3000 NDD 18:16:02
0.39 300 NDD 18:13:31
0.39 5600 NDD 18:03:28
0.41 900 NDD 17:58:36
0.41 300 NDD 17:58:36
0.47 6200 NDD 17:55:57
0.45 300 NDD 17:55:53
0.45 6200 NDD 17:55:52
0.47 100 NDD 17:55:41
0.45 100 NDD 17:55:36
0.47 300 NDD 17:50:49
0.44 300 NDD 17:50:49
0.46 300 NDD 17:48:27
0.49 400 NDD 17:48:23
0.46 400 NDD 17:48:23
LAST 10 TRADES (Business Week)
Time Price Volume Exchange Info
18:47:40 0.350 300 Pacific
18:41:25 0.350 4700 Pacific
18:41:25 0.350 300 Pacific
18:33:03 0.380 1000 AMEX
18:32:49 0.370 1000 AMEX
18:30:41 0.400 15000 AMEX
18:30:41 0.350 15000 Pacific
18:23:17 0.400 2200 AMEX
18:22:46 0.400 2000 AMEX
18:22:12 0.400 10000 AMEX
(Nasdaq)
Time (ET) Price Volume
18:43 $ .35 300
18:36 $ .35 300
18:36 $ .35 4,700
18:28 $ .37 1,000
18:28 $ .38 1,000
18:26 $ .35 15,000
18:26 $ .40 15,000
18:18 $ .40 2,000
18:18 $ .40 2,200
18:17 $ .41 300
18:17 $ .40 2,000
18:17 $ .40 600
18:17 $ .41 2,600
18:17 $ .40 10,000
18:16 $ .40 3,000
18:16 $ .40 5,000
18:13 $ .39 300
18:03 $ .39 5,600
17:58 $ .41 300
17:58 $ .41 900
17:55 $ .45 100
17:55 $ .47 100
17:55 $ .45 6,200
17:55 $ .45 300
17:55 $ .47 6,200
17:50 $ .44 300
17:50 $ .47 300
17:48 $ .46 3,800
17:48 $ .46 400
17:48 $ .49 400
17:48 $ .46 300
17:24 $ .46 200
(FreeRealTime)
7:52:58 PM Bid 0.3 2900
7:52:58 PM Bid 0.3 5400
7:52:58 PM Ask 0.35 2900
7:32:08 PM Bid 0.3 2500
6:59:06 PM Bid 0.29 2000
6:55:36 PM Bid 0.3 4000
6:55:36 PM Bid 0.28 4000
6:55:36 PM Ask 0.53 2000
6:55:36 PM Ask 0.36 400
6:55:36 PM Ask 0.53 2000
6:48:28 PM Bid 0.34 3000
6:46:34 PM Bid 0.32 3000
6:46:30 PM Bid 0.28 4000
6:44:26 PM Bid 0.3 3000
6:43:24 PM Ask 0.37 100
6:43:24 PM Bid 0.28 4000
6:43:08 PM Ask 0.38 600
6:43:08 PM Ask 0.39 600
6:43:08 PM Bid 0.35 2200
6:36:56 PM Ask 0.35 300
6:33:54 PM Bid 0.28 4000
6:32:56 PM Bid 0.28 4000
6:32:44 PM Ask 0.35 5300
6:28:32 PM Bid 0.38 80800
6:28:20 PM Bid 0.38 81800
6:28:18 PM Bid 0.28 3000
6:26:08 PM Bid 0.4 81800
6:23:08 PM Ask 0.4 5000
6:18:52 PM Bid 0.4 96800
6:18:14 PM Bid 0.4 99000
6:17:12 PM Ask 0.41 600
6:17:12 PM Bid 0.4 99900
6:17:12 PM Ask 0.42 600
6:17:12 PM Ask 0.5 1300
6:17:02 PM Bid 0.41 2600
6:16:56 PM Ask 0.45 100
6:16:56 PM Bid 0.41 3000
6:16:56 PM Ask 0.5 1300
6:16:36 PM Ask 0.44 400
6:16:36 PM Ask 0.5 1300
6:16:36 PM Ask 0.45 400
6:16:36 PM Ask 0.5 1300
6:16:36 PM Ask 0.45 100
6:16:14 PM Ask 0.45 300
5:58:38 PM Ask 0.5 1300
5:58:16 PM Ask 0.42 6800
5:58:16 PM Ask 0.5 1300
5:58:16 PM Bid 0.4 99900
5:58:16 PM Ask 0.47 300
5:55:58 PM Bid 0.41 600
5:55:58 PM Bid 0.4 99900
5:55:42 PM Bid 0.47 6200
5:51:42 PM Bid 0.47 6300
5:51:42 PM Ask 0.5 1300
5:51:42 PM Ask 0.53 2000
5:49:56 PM Ask 0.49 1300
5:49:54 PM Ask 0.53 2000
5:48:48 PM Ask 0.5 1300
5:48:26 PM Bid 0.47 6600
5:31:58 PM Ask 0.53 2000
4:01:02 PM Ask 0.52 5000
4:01:02 PM Ask 0.51 8500
4:01:02 PM Bid 0.49 400
3:59:40 PM Trade 0.49 200
3:58:44 PM Trade 0.49 3500
3:53:48 PM Trade 0.5 1000
3:53:48 PM Ask 0.5 8000
3:53:48 PM Ask 0.5 100
3:53:02 PM Trade 0.49 100
3:52:56 PM Trade 0.49 400
3:51:12 PM Ask 0.5 9000
3:47:30 PM Ask 0.5 9400
3:46:54 PM Ask 0.5 400
3:46:36 PM Trade 0.51 11400
3:46:36 PM Ask 0.51 16100
3:46:36 PM Ask 0.51 15000
3:46:36 PM Ask 0.51 18500
3:46:34 PM Bid 0.49 17800
3:46:18 PM Ask 0.51 27500
3:46:08 PM Ask 0.51 18500
3:45:12 PM Bid 0.5 900
3:45:10 PM Trade 0.5 100
3:45:10 PM Bid 0.49 17800
3:45:10 PM Ask 0.51 15000
3:45:10 PM Bid 0.5 1000
3:45:10 PM Ask 0.5 100
3:45:10 PM Ask 0.51 15000
3:45:10 PM Bid 0.49 17800
3:45:10 PM Bid 0.5 1000
3:45:10 PM Ask 0.5 100
3:45:10 PM Bid 0.49 17800
3:45:10 PM Bid 0.5 1000
3:45:08 PM Ask 0.51 15000
3:45:08 PM Bid 0.49 17800
3:45:08 PM Bid 0.5 1000
3:45:08 PM Ask 0.5 100
3:45:08 PM Ask 0.51 15000
3:45:08 PM Ask 0.5 100
3:45:08 PM Ask 0.51 15000
3:45:08 PM Bid 0.49 17800
Full Moon tonight!
nilremerlin
Methinks there is a high probability of a late Thursday/early Friday news publication.
nilremerlin
Several UAV military contract awards today (my bold):
AAI Corp., Hunt Valley, Md., was awarded on Sept. 30, 2006, a $32,630,010 modification to a cost-plus-fixed-fee and firm-fixed-price contract for production of the SHADOW unmanned aerial vehicle systems and associated support equipment. Work will be performed in Hunt Valley, Md., and is expected to be completed by Dec. 31, 2009. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on Jan. 11, 2006. The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-06-C-0292).
General Atomics Aeronautical System, San Diego, Calif., was awarded on Sept. 29, 2006, a $14,536,421 modification to a cost-plus-fixed-fee contract for contractor logistics support for IGNAT unmanned aerial vehicle operations. Work will be performed in San Diego, Calif. (75 percent), Adelanto, Calif. (5 percent), Palmdale, Calif. (5 percent), and Salt Lake City, Utah (15 percent), and is expected to be completed by Nov. 30, 2007. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on Sept. 6, 2006. The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is the contracting activity (DAAH01-03-C-0124).
AAI Corp., Hunt Valley, Md., was awarded on Sept. 30, 2006, a $13,216,384 modification to a firm-fixed-price contract for engine modification kits and associated spares for the Shadow 200 unmanned aircraft system. Work will be performed in Hunt Valley, Md., and is expected to be completed by Sept. 30, 2008. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on June 9, 2006. The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-06-C-0292).
Raytheon Co., Andover, Mass., was awarded on Oct. 3, 2006, an $11,552,393 increment as part of a $23,104,787 cost-plus-fixed-fee contract for the Rapid Aerostat Initial Deployment (RAID) system and RAID Eagle Eye systems. Work will be performed in Andover, Mass., and is expected to be completed by Aug. 30, 2007. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on Sept. 25, 2006. The U.S. Army Space and Missile Defense Command, Huntsville, Ala., is the contracting activity (W9113M-07-C-0002).
AAI Corp., Hunt Valley, Md., was awarded on Sept. 30, 2006, an $11,449,800 modification to a cost-plus-fixed-fee contract for special unit training support preparations for the SHADOW unmanned aerial vehicle system. Work will be performed in Hunt Valley, Md., and is expected to be completed by Dec. 31, 2006. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on Sept. 26, 2006. The U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-06-C-0256).
nilremerlin
Wireless Silicon Valley RFP Responses Published:
http://wifinetnews.com/archives/006750.html
link to Blue Horizon Group pdf:
http://www.jointventure.org/programs-initiatives/smartvalley/projects/wirelesssv/documents/BlueHoriz...
an interesting read...
nilremerlin
grashelm: Unfortunately for you, what goes around, comes around, and you can expect to get what have given.
GlobeTel will prosper in spite of your efforts.
nilremerlin
The Juvinator:
"so I wired the money to Michael Molens account"
http://www.ci.nyc.ny.us/html/hhc/bellevue/home.html
nilremerlin
byron attacks Nasdaq and Pegasus; quotes cohort Asensio:
NASDAQ RINGERS
BAD-APPLE FIRMS WERE PICKED TO TOLL
MARKET'S BELL
August 21, 2006 -- EVERY weekday morning at 9:30, a group of executives from one or another of the companies listed for trading on Nasdaq gathers before a camera at a midtown Manhattan TV studio.
Then, while standing behind a stage prop designed to suggest a balcony above a trading floor, the group begins waving at the camera while a soundtrack of bustling crowd noises plays in the background.
Welcome to Nasdaq's make-believe version of the New York Stock Exchange ceremony known as "ringing the opening bell" which is aired live on CNBC, followed by a similar closing-bell ceremony each afternoon.
In reality, Nasdaq is an all-electronic network that disseminates stock quotes via computer to subscribing members, so it needs no bell to mark the start or end of daily trading. Nor does it need or have a trading floor teeming with workers, or a balcony for visiting dignitaries.
It only pretends to have these things, and CNBC plays along with the ruse.
As TV deceptions go, Nasdaq's faked daily rituals seem harmless enough - the outgrowth of the quotation service's ultimately successful decade-long campaign to elevate itself to the status of an actual, self-regulating exchange on a par with the NYSE.
Yet behind the charade lurks a more troubling deception, which arises from Nasdaq's efforts to infuse the bell-ringing stunt with significance.
The effort reflects an aggressive new commitment on Nasdaq's part to help boost the investment appeal of a listing on the exchange, which became officially self-regulating on Aug. 1.
Yet since Nasdaq not only runs the exchange but is itself a public company with shares listed on the exchange, its promotional efforts on behalf of the exchange automatically benefit any investor in the company's own shares.
Reviewing an exchange's advertising campaigns for hyped or exaggerated claims is the responsibility of the Securities and Exchange Commission, and Nasdaq's bell-ringing activities certainly invite such scrutiny.
On its Web site, Nasdaq says the CEOs of its bell-ringing companies belong to the top echelon of the "world's business leaders," implying that it is both a great honor and a special achievement to be selected to ring the bell. The unstated but obvious subtext to the message: that Nasdaq's bell-ringer companies make great investments.
A Nasdaq official claimed last week that companies selected for bell-ringing duty are put through a special pre-selection vetting process having tougher standards than those required of ordinary Nasdaq-listed companies.
But when the official was pressed for specifics, the only such additional standard turned out to be a minimum market capitalization "guideline" of at least $500 million for those selected to ring the opening bell, and $250 million for the closing bell.
According to the official, Nasdaq has the right to waive the guidelines when it wants to. A review by The Post of the more than 500 companies that have rung the bell for Nasdaq since January of 2005 reveals that the waiver right is exercised quite frequently.
As a result, rock-solid companies like Cisco Systems and Intel can turn up ringing the bell for Nasdaq at any moment. But so can troubled Nasdaq penny-stock companies that might at that very moment be mired in ongoing disciplinary or regulatory proceedings, or be the target of well-publicized law enforcement investigations.
Consider Greg Manning Auctions Inc., which rang the Nasdaq opening bell on Sept. 28, 2005. Four months earlier, Barrons weekly had published a lengthy investigative article questioning the company's extensive ties to a Spanish group that appeared to be operating an international pyramid scheme in collectibles.
The official purpose of the bell-ringing had been to commemorate the company's name change from Greg Manning Auctions to Escala Group Inc. But the high-visibility event also helped launch the company's stock on an eight-month-long joy ride in which it doubled to more than $30 per share.
The surge suddenly ended last May when Escala's stock price collapsed overnight to barely $4 per share after Spanish police raided the offices of Escala's owners and charged them with defrauding 350,000 small investors around the world.
Similarly, there's Take-Two Interactive, Inc., which rang the opening bell for Nasdaq on April 11 of last year. At the time of the bell-ringing, Take-Two Interactive had already been named as the target of an accounting fraud probe by the SEC's enforcement division, and was trying to negotiate a settlement deal with the regulators.
And how about Nestor, which rang the opening bell for Nasdaq on Aug. 24, 2005. Nestor was bolted together by the now-defunct Wall Street swindle machine of Rooney Pace, Inc. in a 1983 IPO at $4 per share. Its business plan: to develop computers with "self-organizing memories."
Available records for the company show that Nestor has reported an annual profit only once in the last 15 years (1996). As a result, the company was almost out of money from a group of backers that included the fraud-drenched Bayou hedge fund group, when it sold a $6 million private placement note, convertible into stock at $6 per share.
Now Nestor says the SEC wants it to undertake a massive financial restatement dating to 2003 for improperly accounting for the money, and has formally warned investors to steer clear of its stock until the matter is settled.
Nasdaq's most recent bell-ringer boo-boo: Allowing a company called Pegasus Wireless Corp. to ring the bell last July 21.
One of Wall Street's best known short sellers, Manuel Asensio, spotted Pegasus' ties to an accused Taiwanese super-embezzler named Hung Chiu-Hu, as well as to a group of securities fraudsters in Las Vegas, and to a disbarred lawyer in Florida.
Asensio posted his research on the Web, then sent a letter to Nasdaq asking why the exchange, which presumably knew much the same things about Pegasus as he had uncovered, had nonetheless decided to allow the firm to ring the bell.
He never received a response.
cbyron@nypost.com
nilremerlin
More questions than answers
10/02/06
By Alice Lipowicz
Staff Writer
Cost, schedule and technology of Boeing’s SBI-Net win undetermined
Homeland Security Department Secretary Michael Chertoff answered one big border surveillance question last month by naming the Boeing Co. as the prime contractor for the Secure Border Initiative Network.
But in answering that question, he raised a raft of new ones.
The first 28 miles of the 6,000-mile SBI-Net surveillance system is set for completion by spring 2007, but unresolved issues include how quickly the project will proceed, how much it will cost and what technologies it will deploy.
Looming over everything is whether SBI-Net will be more successful than previous border surveillance attempts.
For example, on the questions of scheduling and cost, Chertoff and DHS Deputy Secretary Michael Jackson pegged the expense of the first 28-mile phase near Tucson, Ariz., at $67 million, to be operational by next April. The initial contract will be for three years.
Jackson, asked repeatedly by reporters about analysts’ estimates of $2 billion to cover the entire Mexican and Canadian borders, refused to confirm the amount and said it was “totally unreasonable” to set an amount at this stage.
“Are you denying that $2.1 billion is an accurate figure?” Jackson was asked.
“Flat out denying it. Write it down,” Jackson said.
Chertoff weighed in on the price tag as well. “It’s supposed to be as inexpensive as possible. If we can get it for less than $2 billion, we’ll get it for less than $2 billion,” he said at the press conference.
Later in the press conference, Jackson said that Boeing will be paid a $2 million minimum under the SBI-Net contracting documents.
“Yes, there was a $2 million guaranteed minimum. We feel like that’s not going to be a problem to meet,” Jackson said.
The cost could soar, however. In congressional testimony Sept. 13, several technology experts said that speedy deployment of SBI-Net could lead to skyrocketing costs.
“In the short term, we’re looking at enormous expense,” said Gregory Pottie, associate dean for research at the University of California Los Angeles. “Over time, the system would work better, be less expensive and more efficient.”
“The borders can be secured,” Jay Cohen, DHS undersecretary of science and technology, said at the hearing. “The question is, to what degree ... we can do this, but at what cost, what timeline and what degree of fidelity?”
Dollars and questions
Experts predict that SBI-Net will run into the $2 billion to $3 billion range, an estimate that has not changed much since at least 2004, when a predecessor federal border surveillance system, America’s Shield Initiative, was valued at $2 billion. That contract was never awarded.
Questions also remain as to technologies to be deployed. DHS officials announced Sept. 21 that Boeing is to lead the winning team, because Boeing offered best value over the other four teams, but the officials offered few details.
All five competing teams put forth a mix of technologies, including cameras, sensors, radars and analytics. Many technologies would be placed either on towers or fences, or on mobile platforms such as unmanned aerial vehicles, and linked with border agents’ communications and radio networks.
Before winning the bid, Boeing officials described their solution as having few UAVs and possibly as many as 1,800 towers, which would support cameras and sensors.
However, on Sept. 21, Jackson was more circumspect about the tower configurations. Portable towers would be used immediately to speed implementation, and permanent towers would be phased in, he said. But, he added, what is used in the first 28 miles won’t necessarily be applied to the entire border.
That pre-supposes a smooth transition from portable to permanent towers, but experts said portable towers offer only limited wireless services, and it might take a decade or longer to complete the permanent installation.
Permanent towers typically are used along with fiber-optic cables that provide broad bandwidth and support much more robust communication networks.
“With portable towers, you can do immediate radio and communication, but the benefits of video would have to wait for the permanent installation,” said Chris Josephs, homeland security director for Cisco Systems Inc. Fiber-optic cables and permanent towers are expensive and time-consuming to implement and potentially could raise environmental and permitting issues. The Coast Guard’s Rescue 21 project, which is deploying communication towers along coastlines, has been behind schedule partly as a result of environmental issues and permitting delays.
Further into nowhere
The initial 28 miles might not be so difficult for SBI-Net, but once you get to remote areas with no power, the problems greatly increase, Josephs said.
On the other hand, Boeing’s lack of reliance on UAVs, in contrast to other teams, may have reduced its costs and been a factor in its favor.
“Integrating sensor data from many different UAVs is a lot more expensive than integrating it from stationary cameras on towers,” said an industry expert who asked not to be identified.
Boeing officials also claimed that because they make few UAVs, sensors or cameras, they will have more independence than the other bidders in their make-or-buy decisions for SBI-Net.
Several of the other bidders, including Lockheed Martin Corp., Northrop Grumman Corp. and Raytheon Co., also make UAVs, sensors or other border security devices.
Some policy analysts believe make-or-buy was an argument in Boeing’s favor.
“Obviously, it is a lot easier to make the case [that] when you don’t make something, you will get the best available technologies,” said James Carafano, senior research fellow for homeland security with the Heritage Foundation think tank.
Chertoff and Jackson said DHS would set benchmarks to measure progress for SBI-Net to avoid the failures of the Integrated Surveillance Intelligence System (ISIS) surveillance system, which was deployed along U.S. borders starting in 1997. But they declined to give details on what those measures might be.
ISIS was criticized for cost overruns and lack of reliability. A December 2004 report from the General Services Administration inspector general found improper billing, failure to deliver appropriate systems and other shortcomings.
In addition, the DHS inspector general concluded in a December 2005 report that although $429 million has been spent on ISIS, the cameras are not fully integrated with the sensors, and the procurement has been marred by delays, cost overruns and ineffective oversight.
Chertoff said SBI-Net will avoid those problems, because it is more comprehensive than previous programs. “We’ve applied a strategic approach,” Chertoff said. “The key is integration. That did not exist before.”
The question is: Will it be comprehensive enough? Coast Guard officials have said that if SBI-Net is successful in closing off land borders, they expect an increase in the number of illegal immigrants and possibly terrorists attempting more water crossings. Jackson addressed this concern Sept. 21, stating that SBI-Net would be integrated with the Coast Guard’s Rescue 21 communication system modernization program.
But some experts said an even higher-level approach is needed.
“You cannot deploy SBI-Net in a vacuum,” Carafano said. “It has to be integrated with the Coast Guard and the Interior Department.”
Staff Writer Alice Lipowicz can be reached at alipowicz@postnewsweektech.com.
http://www.washingtontechnology.com./news/21_19/cover-stories/29404-1.html
nilremerlin
DOD 2007 budget authorized
10/03/06
By Kerri Hostetler
Contributing Writer
House and Senate conferees have authorized the Defense Department to spend $532.8 billion on its programs in fiscal 2007. Lawmakers reached agreement late last week on the National Defense Authorization Act for 2007.
The full House and Senate passed the conference report Friday; now the bill will be sent to President Bush to be signed into law.
The report includes $84.2 billion in procurement funding; $73.6 billion for research, development, testing and evaluation; $110.1 billion for military personnel; and $115.3 billion for operations and maintenance.
The committee said it is concerned with IT development, procurement and management across DOD. It believes that IT is one of the critical elements that make our military forces as lethal as they are.
Lawmakers recognize the challenges of building a fully integrated, secure, reliable system for a worldwide deployable military force and that the challenge is complicated by conflicting user requirements and a decentralized procurement system, but with a budget of $31 billion dollars, IT must improve, the report said.
Due to the challenges, the committee said selected IT programs should take a “prudent pause” in order to allow the broader development of the Global Information Grid, DOD’s classified and unclassified intranet. If paused, spending on these systems of the future could be more precisely directed to a more mature GIG backbone, resulting in greater efficiency and more rapid deployment of new systems, lawmakers said.
Lawmakers also said they are concerned about one of DOD’s largest programs, the Army’s Future Combat Systems. Members authorized $3.7 billion for armored systems modernization. This includes:
* $65.5 million for reconnaissance platforms and sensors
* $107.7 million for unmanned ground vehicles
* $17.7 million for unattended sensors
* $146.1 million for sustainment
* $570.2 million for manned ground vehicles
* $2.4 billion for system-to-system engineering and program management.
Conferees are worried FCS programs are at risk of becoming unaffordable and are requiring the Defense Acquisition Board to review the FCS’s growing costs.
FCS is designed to link manned and unmanned air and ground vehicles, unattended ground sensors, and a non-line-of-sight cannon-and-launch system via a common computer network known as the System of Systems Common Operating Environment and the Warfighter Information Network-Tactical program (WIN-T).
Conferees will limit FCS funds to $2.85 billion in any year after 2007 until funding priorities outlined in the report are met.
The report also outlines spending limits imposed on other major programs for which cost estimates are rapidly increasing.
Other highlights in the report:
* $2.6 billion for DD(X), the Navy’s next generation destroyer
* $240.5 million in servicewide communication for Navy Marine Corps Intranet, a decrease of $70 million
* $340.2 million to bridge Joint Technical Node with WIN-T
* $190.2 million to the Business Transformation Agency, a decrease of $50 million over last year.
Kerri Hostetler is a staff writer for Washington Technology’s sister publication, Government Computer News.
http://www.washingtontechnology.com./news/1_1/daily_news/29447-1.html
nilremerlin
Conservative or progressive?
By Roseanne Gerin
Staff Writer
Telecoms juggle varying approaches to networking among federal agencies
In a town where everything comes down to politics, two ideological factions divide the federal government’s telecom market: conservatives and progressives.
Conservative federal agencies maintain a conventional, status-quo approach when it comes to telecommunications, while progressives embrace and implement new technologies at a fast clip.
“There certainly is a faction [of those that are] comfortable in their own shoes,” said Anthony D’Agata, vice president of public sector-federal at Sprint Nextel Corp. “They have had network environments that are stable and have met their needs. There’s a natural resistance to change if something is working well.”
Other agencies want a new environment that can increase productivity and save money, D’Agata said, although he declined to name agencies that embrace convergence and those that have avoided it.
But in either case, telecommunications in the federal market continue to evolve into a comprehensive range of services that combine voice, data, video, wireless and satellite.
Swing set
The difference between conservative and progressive among agencies in the federal telecom marketplace hinges on convergence, or how well they integrate broadband Internet operations with landline and wireless networks to create a common, end-to-end network infrastructure. And some agencies are more converged than others.
The Defense Department has embraced convergence with its Global Information Grid-Bandwidth Expansion program, having spent $860 million thus far on the project. GIG-BE is the foundation of the Defense Information Systems Agency’s network modernization efforts and will feature a high-speed, fiber-optic network that will expand Internet protocol connectivity while accommodating legacy command, control and communications systems.
The Social Security Administration is another shining example of convergence. The agency is moving into converged voice, data and video and has implemented these services in its call centers, said Diana Gowen, senior vice president of the government services division at Qwest Communications International Inc.
Social Security has issued a request for proposals for a 10-year, $200 million contract that will replace its telephone systems at specified offices with a nationwide, voice over IP-capable telephone network system. RFPs are due by Oct. 10.
The Labor Department’s Job Corps also uses VoIP in its centers around the country, Gowen said.
By contrast, the more conservative Nuclear Regulatory Agency still has a frame-relay WAN with analog private lines, she said.
In both the Justice Department’s Justice Unified Telecommunication Network (JUTNet ) and the Agriculture Department’s Universal Telecommunications Network (UTN), agencies have blended telecom and IT capabilities, executives said. JUTNet is an IP voice, data and image network that will let agencies share information and provide enhanced security and continuity of operations. It will replace the department’s Justice Consolidation Network network infrastructure.
The Agriculture Department’s UTN data network backbone provides secure and robust telecom capabilities and enhanced network support services. The Justice Department is spending nearly $300 million a year on JUTNet, while the Agriculture Department is spending more than $110 million a year on UTN, according to FedSources Inc.
Three keys
Primarily, the agencies consider and buy telecom equipment and services based on their missions, needs and budgets, executives said.
The Treasury Department wants its own new network, the Treasury Communications Enterprise, and so does the IRS. They are at odds with what the General Services Administration is trying to do under its Networx program, said Abbas Yazdani, CEO of Artel Inc., a telecom and IT solutions company in Herndon, Va.
The 10-year, $20 billion Networx contract for telecom services will offer more than 50 core services, including wireless, satellite technologies and videoconferencing.
The program has two parts: a Universal part that will supply government locations with a range of telecom services nationwide, and an Enterprise part that will offer a mix of specialized IP or wireless services in specific geographical areas. GSA will issue multiple awards for Universal services in March 2007 and for Enterprise services in May 2007.
Those that embrace converged architectures can offer real-time information to users throughout their organizations, while others still knit their brows over security issues, said David Hawkins, vice president of engineering services at IT solutions provider Apptis Inc. He declined to name agencies that are slow to use converged technologies.
Although convergence has been a buzzword in the market for the last several years, IP and telecom have yet to be fully combined, some industry executives said.
“True convergence has not taken place,” said Jerry Edgerton, group president of Verizon Communications Inc.’s federal division. “The steps are there, but it will be an evolutionary process, not a revolutionary process, as we go through it.”
The government market already has attained technical convergence: the building of an IP infrastructure and integrating voice, video and data that was once separate, said John Johnson, GSA’s acting assistant commissioner for Integrated Technology Services.
“From that aspect, we believe we are there, that we can provide comprehensive end-to-end solutions via the Networx contract and the future Alliant contract,” he said. “Both of those contracts have positioned us exceptionally well to address the converged environment.”
Alliant is GSA’s 10-year, $65 billion procurement program that will let federal agencies buy a wide range of IT services. The agency will issue the final RFPs in October and award contracts in 2007. GSA plans to issue awards to between 25 and 30 companies for the $50 billion Alliant full-and-open contract, and between 40 and 60 awards for the $15 billion Alliant small-business contract.
Some industry executives agree with Johnson’s assessment about the integration of IP and telecom operations.
“Are they converged? Not yet,” said an executive at one of the carriers who declined to be named. “If that’s true, then why the [Alliant and Networx] contracts? Why isn’t there just one, which I think is GSA’s vision but it’s still a few years down the road.”
Staff Writer Roseanne Gerin can be reached at rgerin@postnewsweektech.com.
http://www.washingtontechnology.com./news/21_19/cover-stories/29403-1.html
nilremerlin
followingte: The Delta Aero Science website is still up:
http://deltaaeroscience.com/
Why don't you e-mail Richard McCreight and ask him what is up?
nilremerlin
Windrider: If you look at the bottom of the SWS logo on the BMT America website, you'll see it read in small print "SWS Communication Inc".
nilremerlin
SWS Communication Inc.
* Increased revenues by effectively and efficiently utilizing a high performance utility; MERA VoIP Transit Softswitch; employed in IP telephony nets for routing voice traffic to gateways. Designed and managed real-time signaling and media flows across network for delivery of premium IP communications services.
* Successfully designed and implemented safe and secure interconnections with customers and peering partners for reliable and cost-effective control of VoIP traffic.
* Effectively administered and optimized the LAN to maintain its performance, reliability, productivity and security. Installed and configured Cisco 827, 2821 and 5300 routers, Nortel’s Business Communication Manager and Spit Fire III auto dialers.
nilremerlin
nerd86: Noted shorter Manuel Asensio should be included in the miscreant bunch:
http://www.google.com/search?hl=en&lr=&q=Asensio+Pegasus+GlobeTel&btnG=Search
Fools refer to him.
nilremerlin
House Dems blast lack of fed policy change for small biz
09/28/06
By Ethan Butterfield
Staff Writer
Democrats on the House Small Business Committee today said Congress has failed in its efforts to help small businesses, specifically sighting its lack of action over the last two years.
The committee today released an assessment of the 109th Congress, detailing how not updating the tax code and failing to reform labor laws and procurement policies have contributed to what the report called “an environment where small firms often lack the tools to compete effectively.”
During the two-year reign of the 109th Congress, 280 bills became public laws, yet only 8 percent of those dealt with small business, the report stated.
“We talk about leaving no child behind, but we have left thousands of small businesses behind,” said Rep. Nydia M. Velazquez (D-N.Y.).
With interest rates rising and credit conditions tightening, small businesses are struggling to gain access to capital.
One key legislative change will affect small IT companies looking to acquire funding to develop new products. The change stems from a regulatory decision by the Small Business Administration that prevents venture capital-backed companies from using the Small Business Innovation Research program. SBIR offers funding to help small firms research and develop new products and technologies.
Legislation was introduced to allow companies to access both funding sources, but the bill has not been passed, the report states.
A key issue affecting small IT companies is the inaccurate representation and reporting of federal contracting data. A report released by the Democrats on the House Small Business Committee in July found almost $12 billion in miscoded federal contracts in fiscal 2005.
As a result, SBA’s claim that the federal government awarded 25.4 percent of all federal contracts to small companies is flawed, the report stated. When contracts awarded to large companies and other ineligible organizations, such as non-profits and state and local governments, were counted as going to small businesses are removed from the equation, the percentage of contracts given to small companies drops to 21.4 percent.
The federal government’s mandated goal is to award small businesses 23 percent of all contracts.
The report also noted the rise in contracts going to Alaska Native Corporations, and how that is leading to more contract bundling and hurting other minority business owners under SBA’s 8(a) Business Development program.
Because ANC’s can grow large and maintain their small disadvantaged business status, federal agencies “are increasingly likely to consolidate contracts and award these giant packages to ANC’s than to resolve the root problem of contract bundling,” the report stated.
ANC contracts have increased from 13 percent of all 8(a) contracts in fiscal 2004 to 22 percent of all 8(a) contracts in fiscal 2005, according to the report.
http://www.washingtontechnology.com./news/1_1/daily_news/29392-1.html
nilremerlin