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Of course, there's been this about Alibaba.com recently:
February 21, 2011 10:08 AM PST
Alibaba.com executives resign amid fraud probe
http://news.cnet.com/8301-1023_3-20034444-93.html
"NEWN - I just checked at alibaba.com for Anytone's products..."
Well, I wanted to mention that particular section in my prior post because I think RAX shareholders will enjoy a much higher share price if RAX stays independent and grows on it's own. RAX is a leader in managed hosting, and it's future in the enormous growth of cloud computing is really just beginning.
I am not one who is looking towards a buy-out.
That being said, it's nice to know that if a significant offer is received, that RAX publically states it understands the fiduciary responsibility to shareholders.
Either way, I believe I own a gold mine.
Thia part is good, too:
“I absolutely have a fiduciary obligation, and I work for the stockholders. But we’re trying to build something great, and greatness isn’t achieved overnight. We’re just getting going. When I think about the market opportunity to build the service leader in cloud computing, I think little old Rackspace will win that one," CEO Lanham Napier told Dow Jones Newswires.
Well, IMO, filing the s-3 is in total contrast to the way NEWN presented their financial condition just last week. Without an accompanying PR to help explain what this is for, it just sheds continued doubt on NEWN's actual state-of-affairs, not to mention their trustworthiness. So, unless there's an acceptable explanation for their need to do this I imagine the share price will stagnate or continue to drift down.
Thanks, Grease...maybe it will help lure in more than the 6 of us who have 'board marked' RAX... : )
S-3 filing? Sheesh....
Cloud Computing with Lanham Napier of Rackspace Hosting
http://www.pbs.org/nbr/site/onair/transcripts/cloud_computing_110331/
excerpt:
HUDSON: Over the past few years I want to show Rackspace net income growth. You guys have put up these kind of growth numbers, double digits 50 percent last year. Will this kind of growth continue?
NAPIER: I think what you are seeing in the industry right now is that the cloud computing movement is literally in the early stages. Today was opening day of baseball season. We got a long season ahead of us. The same way with cloud computing. These are early adopter days, so yes, we expect the shift to continue for years.
HUDSON: Even better than a 50 percent net income growth we saw last year?
NAPIER: Well, we will certainly try our best.
HUDSON: OK. Electricity, a big cost for you though because you got to power all of that, all of the cloud, right. What are you finding for power prices?
NAPIER: Well, I think any time we are in an environment where commodity prices are rise, our expectation would be based on the fuel sources for the areas in which we operate. Those commodity prices would be reflected in power prices as well.
HUDSON: So are you finding cheap power out there? Where are you? Where are you looking to expand?
NAPIER: We're looking regionally in the U.S. on the east coast as well as the Pacific northwest.
HUDSON: And jobs come along with that expansion, I imagine.
NAPIER: That's correct. When we open a new facility we open jobs to run the facility.
HUDSON: I want to end with your stock price. It is just below an all- time high. It was at an all-time yesterday, up 128 percent in a year. Is that too fast do you think? Can you keep up with that?
NAPIER: I think what is happening in the marketplace right now is the investor community is starting to understand the magnitude of the cloud computing opportunity and the value of the company to truly create the service leader in the cloud. If you look at our company's performance, we have posted some good numbers and I just think the investor community is coming around to that.
Ladenburg Thalmann & Co. wrote some indepth reports in QPSA that Ian used to link on his site. This must be their guy? Funny QPSA didn't provide a bit of a bio on Harvey, or perhaps it's in the release and my eyes haven't found it yet. I ended up doing a google search.
Hey, nic'..... I paid attention a bit over a year ago and bought SPRD in the $3's. :)
There's always been mention of SPRD on the IDCC board, and I think several of the posters there are in SPRD, too.
You'll be rich enough holding IDCC.....glty.
NEWN is really stepping up: Fantastic beat on earnings, give 2011 guidance, report on their SAIC filings, hold a conference call, take questions, say senior management will buy stock on the open market, then issue a PR saying they will buy approx $1M of market purchases. I don't think it's just idle chatter and I think they will do it. They file on time, they have respected, seasoned auditors, they indicate weaknesses and how they are being addressed, etc. John Mattio and HCi are doing a pretty good job lately communicating to NEWN just how transparent the company must be. It's unfortunate NEWN has been caught in 'throwing the baby out with the bath water' environment.
27 analysts have research coverage on RAX at the moment
http://ir.rackspace.com/phoenix.zhtml?c=221673&p=irol-analysts
haven't heard a peep since there were two downgrades, one in Jan and one in Feb.
http://finance.yahoo.com/q/ao?s=RAX+Analyst+Opinion
NYSE
End of quarter, too, on Thursday......fun to watch the price action.
I know.....between RAX and IDCC (been in that one for years) I've had a GREAT day!
Wonder if something's 'cookin' with RAX, or if this is a general sector move?
LOL....That guy sounded so bad, like a real idiot.... Absolutely laughable.
And how dumb to get on a call and say "I'm new to NEWN" and talk like he hasn't done the first bit of any due diligence. People don't get on a conference call and ask questions without having a vested interest and understanding. (or at least they shouldn't, imo) And, if he was "pretending", well that speaks more of geo than of NEWN.
He was awful.....so the quality of geoinvesting is a shade below pitiful?
Too funny.
wow...crossed $42 !
New all time highs showing up, I think.
RAX....just imagine it in another year.... cha-ching.
Owning IDCC is like having a license to print money!
Dell, Equinix and Rackspace Collaborate to Launch OpenStack Cloud Demonstration Environment
http://finance.yahoo.com/news/Dell-Equinix-and-Rackspace-bw-2308823821.html?x=0&.v=1
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Dell Inc. (Nasdaq:DELL - News), Equinix, Inc. (NASDAQ:EQIX - News) and Rackspace Hosting, Inc. (NYSE:RAX - News) today announced that they have collaborated to develop an OpenStack™ cloud demonstration and test environment. The demo environment will be available in three data centers: the Equinix International Business Exchange™ (IBX®) in Silicon Valley, Calif., and Ashburn, Va., and the Rackspace data center in Chicago, Ill. The companies also plan to collaborate on additional demo environments in Equinix data centers in Europe and Asia in the second quarter of 2011. The demonstration environment allows organizations to easily and rapidly assess applications on the open-source cloud platform, simplifying the evaluation process and speeding the deployment of OpenStack proof of concepts (POCs). It is the first demonstration of an open standard platform where geographically dispersed OpenStack clouds can offer customers the ability to move applications and workloads between them.
OpenStack is a collection of open-source technologies delivering a massively scalable cloud platform for public and private clouds. Originally founded by Rackspace and NASA, OpenStack has grown to be a global software community of developers, technologists, researchers and more than 50 organizations collaborating to help enable any organization to create and offer cloud computing services running on standard hardware.
The OpenStack demo environment integrates the OpenStack cloud operating system software; services and support from Rackspace® Cloud Builders; cloud optimized Dell PowerEdge C Intel-based server technology; and Platform EquinixTM, a global delivery platform of 92 network neutral data centers in 35 metro markets. As a result of this collaboration, companies can simplify their evaluation of the OpenStack platform and accelerate the deployment of cloud solutions modeled after the Dell, Equinix and Rackspace environment.
Enterprises, SaaS (software-as-a-service) providers and network operators looking to deploy cloud solutions can demo OpenStack in the Equinix test environment as a precursor to an OpenStack POC. They can take part in demonstrations of common use-cases and pre-installed applications or run their own applications to see how they perform on the platform. If the participants choose to evaluate the OpenStack solution further, they can engage Dell, Equinix and Rackspace for dedicated POC environments hosted at Equinix. Existing Equinix customers have the additional flexibility to simply and readily cross-connect to the OpenStack demo environment via a range of interconnection services available within Equinix IBX data centers.
“OpenStack provides an open, standard platform that gives organizations the choice of how and where to deploy a cloud, as well as the flexibility to move applications and workloads among different clouds,” said Jim Curry, general manager, Rackspace Cloud Builders. “The collaboration of Dell, Equinix and Rackspace to help organizations deploy and connect OpenStack clouds enables CIOs to choose a computing environment that aligns with their business, regulatory and technical requirements.”
“Today's cloud solutions require scalability and reliability and must deliver superior end-user performance,” said Vince DiMemmo, general manager, Global Cloud and IT Services, at Equinix. “The combination of the OpenStack platform on Dell hardware delivered through Equinix data centers excels on all three fronts. Platform Equinix enables clouds to be deployed with optimal geographical distribution in highly optimized network environments that reside in direct proximity to cloud end-users. This comprehensive solution enabled by Rackspace, Dell and Equinix ensures the performance today’s cloud applications require.”
“Dell is committed to developing and promoting open standards, and we’re pleased to be working with Equinix and Rackspace to provide this OpenStack demonstration environment,” said John Igoe, executive director of Cloud Software Solutions, Dell. “It allows service providers and ISVs to evaluate if OpenStack is right for their ‘as a Service’ offering. It is a great example of the OpenStack community working together to advance the OpenStack platform.”
To learn more about the collaboration between Equinix, Dell and Rackspace, visit Rackspace Cloud Builders at www.rackspace.com/cloudbuilders, visit Dell at www.Dell.com/OpenStack and visit Equinix at www.Equinix.com/OpenStack
RACKSPACE HOSTING'S SHARES CHANGING HANDS AT HIGHER PRICES ON 1.2X ABOVE-AVERAGE VOLUME (RAX)Print Share Mar 29, 2011 (SmarTrend(R) News Watch via COMTEX) -- Shares of Rackspace Hosting (NYSE:RAX) are trading up 2.7% to $39.83 today on above average volume. Approximately 2 million shares have traded hands today vs. average 30-day volume of 1.6 million shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of RAX to see if this bullish momentum will continue.
SmarTrend currently has shares of Rackspace Hosting in an Uptrend and issued the Uptrend alert on November 02, 2010 at $26.72. The stock has risen 45.2% since the Uptrend alert was issued.
In the last five trading sessions, the 50-day MA has climbed 0.76% while the 200-day MA has risen 1.23%.
In the past 52 weeks, shares of Rackspace Hosting have traded between a low of $15.15 and a high of $40.62 and are now at $39.92, which is 163% above that low price.
http://www.zacks.com/research/get_news.php?id=088l2999
On the q&a : Bank of America, Rodman and Renshaw, Coyote Capital, and one private investor. You can fast forward thru the prepared remarks. I applaud them for having a call, for taking questions, etc, and certainly like the 10K and guidance. It does appear, however, they have no real plans to do a buyback or dividend....and, as can be seen in this China space....some of the naysayers will use that to cast doubt on their financials.
Thanks.....got it.......
To listen, please call 1-877-870-5176 within the United States or 1-858-384-5517 if calling internationally. Utilize the pass code 4427011 for the replay.
Did anyone listen in on the call? I tried to listen to replay but it says code is invalid.
Conference Call
Date:
Tuesday, March 29 Time:
9:00 a.m. Eastern Time, US. Conference Line Dial-In (U.S.):
1-877-941-1427
International Dial-In:
1-480-629-9664
Conference ID:
4427011 "New Energy Systems Call"
Webcast link:
viavid.net/dce.aspx?sid=00008351
Please dial in at least 10 minutes before the call to ensure timely participation. A playback will be available through April 5, 2011. To listen, please call 1-877-870-5176 within the United States or 1-858-384-5517 if calling internationally. Utilize the pass code 4427011 for the replay.
http://www.viavid.com/?page_id=789
10 Technology Stocks With Upside
Spreadtrum Communications
"Looking forward to the first quarter of 2011, the company anticipates revenue to be in the range of $130 - $135 million with gross margin in the range of 41.5%-42.5%. Revenue during the first quarter 2010 stood at $52.1 million.
Of the 12 analysts covering the stock, 67% recommend it a buy, while the remaining recommend a hold. There are no sell ratings on the stock. On average, analysts expect an upside of 44% to $27.4 in value from current levels."
http://www.thestreet.com/story/11060405/5/10-technology-stocks-with-upside.html
No, earnings are Monday: ".... hold its full year 2010 financial results conference call at 9:00 am ET on Tuesday, March 29, 2011. The Company anticipates releasing its 2010 10-K at market close on March 28 ....."
Also from the release: Chairman Yu further stated, "We look forward to discussing our fourth quarter and full year 2010 results and providing investors with a full business update, as well as our 2011 guidance, on our March 29, 2011 conference call. Separately, we have received several inquiries about the Company's State Administration of Taxation (www.chinatax.gov.cn) ("SAT") filings. The SAT generates a report of specific tax numbers, including revenues and net income, for every legal Chinese entity. These reports are utilized privately by the tax authorities to calculate taxes due to the State and are not publicly available under any circumstance. We therefore caution investors who claim to have acquired copies of our SAT filings that such reports may have been obtained improperly and therefore the source and integrity of the data should be carefully scrutinized."
Thanks for taking the time to put together such a thorough post. I remain cautiously optomistic with my holdings in NEWN. Obviously next week will tell more of the story. I know the company and John Mattio have heard from several investors, so I hope the conference call and q&a will be strong. NEWN has indicated they'll show good earnings, "conservative" at 1.40 for the year. So, I expect a beat of the 1.40, but have not calculated a number. I think MeePower is going to have great China growth in 2011. Perhaps the conference call will give an update of their plans to enter the US market, but the opportunity in China alone is huge.
Finally, I do listen to the "arguments" from admitted short sellers, but I tend to think more like Benjamin Way who writes in your link "Be wary of less professional advice from amateur or anonymous sources that often have untold self-interest behind some seemingly legitimate arguments. There are often stock short sellers behind many "sudden discoveries of fraud" at a legitimate publicly traded China based company. Avoiding fraud involves much more than comparing apples to oranges."
ChaTea.....you're looking into geo investing the same as they look into China small caps. Perhaps you're making headway.
Keep it up.....
NEWN New Energy Systems to Host Full Year 2010 Financial Results Conference Call at 9:00 a.m. ET on Tuesday, March 29, 2011
Company reaffirms 2010 guidance of approximately $95.0 million in revenues, $18.0 million in net income with EPS of $1.40
Press Release Source: New Energy Systems Group On Monday March 21, 2011, 12:05 pm
SHENZHEN, China, March 21, 2011 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced that it will hold its full year 2010 financial results conference call at 9:00 am ET on Tuesday, March 29, 2011. The Company anticipates releasing its 2010 10-K at market close on March 28 and further reaffirms its 2010 revenue, net income and EPS guidance for the year ended December 31, 2010. At the conclusion of the call, the management team will host a question and answer session with the Company's Chairman, Mr. Weihe "Jack" Wu, Mr. Junfeng "Joge" Chen and Mr. Ken Lin, VP of Investor relations.
To attend the call, please use the dial-in information below. When prompted, ask for the "New Energy Call" and/or be prepared to provide the conference ID.
Conference Call
Date:
Tuesday, March 29
Time:
9:00 a.m. Eastern Time, US.
Conference Line Dial-In (U.S.):
1-877-941-1427
International Dial-In:
1-480-629-9664
Conference ID:
4427011 "New Energy Systems Call"
Webcast link:
http://viavid.net/dce.aspx?sid=00008351
Please dial in at least 10 minutes before the call to ensure timely participation. A playback will be available through April 5, 2011. To listen, please call 1-877-870-5176 within the United States or 1-858-384-5517 if calling internationally. Utilize the pass code 4427011 for the replay.
This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link, http://viavid.net/dce.aspx?sid=00007E14, or at ViaVid's website at http://www.viavid.net, where the webcast can be accessed through March 29, 2012.
Car Connectivity Consortium forms to bring more smartphones to more interiors
http://www.engadget.com/2011/03/17/car-connectivity-consortium-forms-to-bring-more-smartphones-to-m/
Published March 16, 2011
Cross industry initiative: Leading automotive mobile communications and consumer electronics companies join a new consortium for in-vehicle connectivity solutions in standards such as Terminal Mode, NFC and more.
Espoo, Finland - The Car Connectivity Consortium was launched today by eleven companies across several industries, driving global innovation for in-vehicle connectivity, including the "Terminal Mode" standard.
Founding members include vehicle manufacturers Daimler, General Motors, Honda, Hyundai Motor Company, Toyota, and Volkswagen; system suppliers Alpine and Panasonic; and consumer electronics makers LG Electronics, Nokia and Samsung.
With the Terminal Mode standard, the connection of high-performing mobile devices to vehicle-based systems opens up a host of new opportunities for business and a world of innovative applications for consumers. Mobile devices could be tightly connected with in-car systems such as digital displays, steering wheel buttons, rotary knobs and car audio systems. Consumers could use a mobile device via the car controls, as if the device and its apps were integrated into the car itself Terminal Mode is built upon a set of established standards such as Internet Protocol, Universal Serial Bus and Bluetooth.
The Car Connectivity Consortium will focus on further developing the Terminal Mode standard, address certification and branding, and start looking at new promising opportunities for the automotive environment, including NFC and wireless charging. The Car Connectivity Consortium is an open alliance focusing on cross industry contribution. It is anticipated that further leading industry players will join over the coming weeks.
The Car Connectivity Consortium will release its first specification version within the next few months. Several consortium members are expected to present their first commercial products supporting the new standard later this year.
Quotes
"Integrating smartphones in vehicles gives drivers a seamless connected lifestyle experience," said Thilo Koslowski, Vice President Automotive at Gartner. "The automotive industry will benefit from automotive-grade integration solutions that provide robust plug-and-play device connectivity across various brands, hardware and software, while offering safe and differentiated user experiences."
"Vehicles are evolving to be a 'living space,' with cutting-edge technology applied. But the life-cycle of built-in car AV system is difficult to match with such fast moving trends and developments in CE/IT products. As we all recognize, the latest mobile devices are equipped with fast internet access, smart features, and more content. And as 'Car Connectivity' technology has now emerged, we clearly see the customers' demands to use the features in Vehicles. LGE expects that the Car Connectivity Consortium can lead future Automotive and IT convergence technology," Said SeungHoon Lee, Vice President, Convergence Lab. at LG Electronics CTO Division.
"Nokia, together with NAVTEQ, understands that people want to use their smartphones everywhere including in their cars," said Floris van de Klashorst, Director and Head of Nokia Automotive at Nokia. "The Car Connectivity Consortium now has the power to turn Terminal Mode into the global standard for the integration of smartphones into vehicles, bringing together the exciting and innovating worlds of mobile ecosystems and applications and with the automotive industry. The industry support we received through the members has been excellent and makes Terminal Mode a truly global effort."
"Due to the wide consumer acceptance of smartphone and apps, Samsung expects that the smartphone will be the dominant hub for in-vehicle infotainment and connectivity. We believe that the smartphone, when connected with an in-car device, will play an important role in providing users with multimedia experience in the vehicle, and that Terminal Mode will be one of the key enabling technologies," said Dokyun Kim, Director, Product Strategy Team at Samsung Mobile Division.
About the Car Connectivity Consortium:
The Car Connectivity Consortium was founded under U.S. law as a limited liability corporation. Founding members are vehicle manufactures Daimler, General Motors, Honda, Hyundai Motor Company, Toyota, Volkswagen; system suppliers Alpine and Panasonic; and consumer electronics makers LG Electronics, Nokia and Samsung. The Car Connectivity Consortium is open for any industry member to join as a charter member, a core member or on one of two lower levels. For further information, please visit: http://www.terminalmode.org/en/agenda/consortium/
About Nokia
Nokia is committed to connecting people to what matters to them by combining advanced mobile technology with personalized services. More than 1.3 billion people connect to one another with a Nokia, from our most affordable voice-optimized mobile phones to advanced Internet-connected smartphones sold in virtually every market in the world. Through Ovi (www.ovi.com), people also enjoy access to maps and navigation on mobile, a rapidly expanding applications store, a growing catalog of digital music, free email and more. Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, and Nokia Siemens Networks is one of the leading providers of telecommunications infrastructure hardware, software and professional services globally.
The 10K last year wasn't released until April 15th, after filing a NT 10K on 3/31. Interestingly, it was the same way in '09. You'd think they could get their act together on several issues.
Send it to their USA IR guy....
John Mattio, SVP
HC International, Inc.
Tel: US +1-203-616-5144
Email: john.mattio@hcinternational.net
3/15/2011 China North East Petroleum Reports Full Year 2010 Financial Results
http://cneh.irpage.net/details.php?id=44146
Revenue for the fourth quarter of 2010 totaled $23.0 million from $20.0 million in the 2010 third quarter and $30.0 million in the prior year fourth quarter period. Fourth quarter revenue growth was impacted by the third quarter impact related to severe flooding that washed out roads disabling the passage of oil delivery trucks. Oil production was also slightly impacted by the natural depletion of production output among existing wells. Total oil production in the 2010 fourth quarter was 161,279 barrels, a 19% increase sequentially from 135,473 barrels in the 2010 third quarter. The total number of wells in production as of December 31, 2010 was 295 compared to 289 wells in production as of December 31, 2009. The average per barrel oil price for the fourth quarter was approximately US$77, an 11% increase from US$69 for the fourth quarter of 2009.
The Company's oil drilling and service subsidiary, Tiancheng contributed $10.1 million of the revenue in the fourth quarter 2010 compared to $10.1 million in the 2010 third quarter and $13.6 million in the fourth quarter 2009. Tiancheng completed drilling contracts for 35 wells with total drilling depth of 61,935 meters (203,199 feet) in the fourth quarter of 2010. Tiancheng performed standard rig and equipment repair and maintenance work at year end that impacted drilling performance in the fourth quarter. Drilling activity was also lower in the fourth quarter as Tiancheng's customers continued to be impacted by previously reported flooding in the third quarter and therefore focused more on repairing and restoring oil production in the fourth quarter period. Tiancheng has experienced a resumption of regular drilling activity in the 2011 first quarter.
As of December 31, 2010, the Company had $61.0 million in cash and cash equivalents, compared to $28.7 million as of December 31, 2009. Total assets were $150.5 million and total liabilities were $28.0 million and stockholders' equity was $122.5 million as of December 31, 2010.
Full Year 2010 Results
Net sales for full year 2010 were $99.5 million compared to $64.7 million for 2009. In the twelve-month period, the Company drilled 6 new oil wells in the four oilfields which are owned by the Company. The Company's crude oil production for the full year 2010 totaled 723,154 barrels, a 20% decrease from 908,126 barrels in 2009. Oil prices averaged approximately $75.49 per barrel, which represents a 35% increase over prior year period levels of approximately $55.97 per barrel.
Gross profit for FY2010 was $60.8 million, a 43.1% increase from $42.5 million last year. Gross margin was 61.0% compared to 65.7% in FY2009.
Operating expenses for FY2010 were $7.8 million compared to $17.7 million in the prior year period. This 56% decrease was primarily due to a $13.8 million decrease in impairment of oil properties offset by higher consulting fees and overhead expenses associated with new drilling operations when compared to the prior year period.
Net income for full year 2010 was $58.4 million compared to a net loss of $22.1 million for full year 2009. The increase was the result of the significant revenue generated from new added drilling services operation and oil price surge, as well as the non cash gain in the fair value of warrants and lower operating expenses.
Mr. Jingfu Li, CEO of China North East Petroleum commented, "We are pleased that our fourth quarter oil production output showed signs of sequential improvement after experiencing severe flooding in the third quarter. While the impact of this flooding continued to affect the fourth quarter production output within our four operating oil fields, our production has returned to a normalized rate in the 2011 first quarter.We expect our drilling plan in the Jilin oilfields to grow at a moderate pace going forward as we focus our efforts on the exploration and test work in the Durimu oilfileld, our recently announced acquisition. We believe that the extraction of oil from this oilfield in Inner Mongolia can result in significantly greater output than our existing wells in the Jilin oil field. Upon the exploration and testing phase which is expected to last 12-18 months, we intend to aggressively drill in Durimu while also maintaining current production levels within our four existing oilfields.
Our Durimu acquisition allows us to expand our operations, secure additional oil reserves and generate better returns on our investment. We are excited with the potential of our new acquisition and believe this recent developments provides NEP the opportunity to develop into a larger regional oil producing and oilfield services company designed to meet China's growing domestic energy needs."
Oil Pricing
Please note that NEP's sole customer, PTR, pays the Company a price per barrel that is calculated on a monthly basis based on a lagged, daily price per barrel average for a relatively heavy, sour grade of crude oil that trades in Singapore. This daily price index is one of a large number of crude oil price indices maintained by Platts. Platts, a division of The McGraw-Hill Companies, is a leading global energy and metals information provider. The grade of oil for which the company is paid typically trades at a discount to West Texas or London Brent crude.
Conference Call
Management will host a conference call at 9:00 am ET on Wednesday, March 16th. Listeners may access the call by dialing # 1-719-325-2364. To listen to the live webcast of the event, please go to http://www.viavid.net. Listeners may access the call replay, which will be available through March 30th, by dialing # 1-858-384-5517; passcode: 8932025
Yes, Ima..."The Japanese people will work together to solve the problems of the Earthquake and the flooding,and they will be stronger for their efforts. The will amaze us all as they work fevereshly to right their Country. They will be well sooner than most know."
watch this http://www.msnbc.msn.com/id/21134540/vp/42099390#42099390
March 14th, 2011 by Brian
OCZ Technology Acquires Indilinx
Today OCZ Technology announced that they will be purchasing Indilinx, which is one of the primary manufacturers of SSD controllers and software. Currently OCZ uses Indilinx in a variety of products, including the Z-Drive and Onyx-series SSDs.
The move strengthens OCZ's position in the SSD market by giving them a more complete solution, as opposed to the current model of licensing someone else's processor, like those from SandForce. OCZ gains assorted other intellectual property and strengthens their ability to roll out SSDs more rapidly and cost effectively.OCZ isn't the first company to buy a stake in a SSD controller manfacturer though; Kingston purchased a large stake in JMicron earlier this year. The long-promised consolidation in the SSD market appears to be happening as manufacturers look at ways to increase their market share and cost effectiveness.
Don't expect to see OCZ move away from their high-performance SSD lines based on SandForce processors, like the Vertex 3, though. OCZ will maintain use of several processors, perhaps leveraging their new Indilinx relationship to drive price advantage in the mainstream and entry-level SSD markets.
http://www.storagereview.com/ocz_technology_acquires_indilinx
Mon, Mar 14, 2011 - 06:58 PM
Jeremy Hellstrom | Source: OCZ Technology | Subject: Storage
"The purchase of Indilinx by OCZ caught us by surprise here at PC Perspective; not because it makes no sense but because we hadn't heard any news 'behind the scenes' as it were. A different way of looking at it is that Indilinx now owns about 10% of OCZ, but either way this spells some interesting changes to the already interesting (to enthusiasts) SSD market. We are getting in touch with OCZ and awaiting the web cast which will occur shortly so keep your eyes on this page for updates as we get them."
** Update **
"Our Storage Editor, Allyn Malventano, listened in on their web cast earlier this evening. Some points of interest that may answer some of our reader's questions:
•OCZ does not plan to drop other controller technology from their lineup (i.e. SandForce and Vertex are not going anywhere).
•Indilinx will continue to supply their controllers to other SSD makers.
•Indilinx has new(er) controllers in their pipeline.
•The acquisition will enable OCZ to implement Indilinx chips at close to the cost of the die, which is significantly cheaper than presently available. This will increase OCZ's margin on those SSD's as well as help to drop prices in the future.
Obviously this acquisition creates an interesting dynamic with SSD makers, and we will be seeing ripples from this in the coming months. Even if OCZ's competitors were to all drop Indilinx, there are many Indilinx+OEM relationships that would continue, as they have no connection to OCZ."
http://www.pcper.com/comments.php?nid=9851
Remember, this was announced by the company in February.... So they did give a 'heads up'.
2/7/2011
China North East Petroleum Announces Preliminary Fourth Quarter and Full Year 2010 Oil Production Results and Fourth Quarter Drilling Results for Tiancheng
http://cneh.irpage.net/details.php?id=43350
Hey FISHy, don't include this "die-hard long" in your quest to demoralize things. I am very pleased with the gain in my IDCC shares, and I believe they will go much higher.
I know how many accounts of mine hold IDCC shares, unlike your foggy memory, and I am not invested here on hope.
You have finally reached my ignore button. Can't believe it took me this long to give you the boot.......