Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Article about/including Sanswire, published May 23, 2006, nice details (my bold):
http://www.scenta.co.uk/scenta/news.cfm?cit_id=809754&FAArea1=customWidgets.content_view_1
Return of the blimp
Source: The Engineer
The residents of Akron, Ohio are very excited. As the birthplace of the blimp, the fortunes of this small town have always been inextricably linked with the airship industry and for its citizens the heady days of the airship boom must seem a long way off.
Good Year blimp
So the recent announcement that the gigantic deserted airship hangar on the outskirts of the city was to be used to build an airship again for the first time since the 1960s certainly came as welcome news.
In December last year Lockheed Martin received a $150m (£80m) contract from the US Missile Defence Agency to return to its historic home in Akron and construct a next-generation airship that could operate at extremely high altitudes. More than 25 times larger than the famous Goodyear blimp, the High Altitude Airship ( HAA) will provide the US military with overlapping radar coverage from far above the jet stream. It is estimated that just 11 of these giant airships could provide surveillance of the entire US coast and southern border crossings.
Ron Browning, business development director for persistent surveillance systems at Lockheed, is in charge of the HAA project and is overseeing the major refurbishment the old airship hangar in Akron required after 40 years out of action. The building of the HAA will begin some time in the next two years, he estimated, with its first flight pencilled in for late 2009.
'There are a number of applications for the HAA but fundamentally it provides persistence at high altitude, so multi-missions including both surveillance and communications stand out as options,' said Browning.
The prototype is a massive non-rigid (with no internal frame) 430ft airship with a staggering volume of 100,000m3. To put it into context, the largest previous airship, also built by Lockheed, was a mere 40,000m3. The plan is for the prototype to remain in position at around 60,000ft for 30 days but Browning believes that in the future this time could be lengthened considerably.
However, to even get to this prototype stage a number of engineering challenges that are peculiar to both flying at high altitude and airships must be overcome. 'The key to the design is understanding the loads that the airship will have to tolerate both at altitude and on its way up to the stratosphere,' said Browning.
At the same time, one of the most crucial aspects when building any airship is minimising its weight and so these two fundamental aspects had to be integrated into the final HAA design, according to Browning. 'We looked for a high-strength, low-weight flexible composite, and then added further layers for strength and still more for impermeability and weather protection. We need it to be able to endure the environment at altitude and still be as light as possible.'
Lockheed engineers spent a lot of time and effort working on the flexible material for the HAA, finally plumping for a multifilament polymer composite based on Vectran, an advanced thermoplastic material that is five times stronger than steel.
One of the challenges posed by using conventional fuel in an airship that must remain stationary over long periods of time is mass-management. The more fuel that's burned, the more it is extremely tricky to calculate the small movements necessary to keep the airship relatively stationary.
To counter this, the HAA will be an all-electric vehicle with four propulsors with electric motors that power four large propellers, each of which is highly manoeuvrable to give pitch and yaw control over the airship. To generate power a thin film of sophisticated but robust photovoltaic cells will be applied to the outside.
Browning expects that although the initial test flights will be remotely operated from the ground, the system will gradually evolve to encompass an increasing level of autonomy.
With the caveat that airships will never completely replace high-altitude unmanned aeroplanes such as Northrop Grumman's Global Hawk, Browning outlined the advantages of airships over other aircraft: 'Unmanned aircraft can currently last for one or two days at the most, so straightaway a high-altitude airship gives you significantly better persistence. An airship is also a great deal less expensive than planes and especially satellites,' he said.
A high-altitude platform, as well as fulfilling obvious military applications as the HAA does, could also be used in disaster relief efforts.
In Europe, while the benefits of a high-altitude airship platform are well known, things are coming along rather more slowly. Since the sad decline of the Advanced Technology Group's plan for the Sky Cat airship (The Engineer, 8 August 2005) research has largely concentrated on the individual technologies that could operate at high altitude. Some of these, such as high-altitude broadband networks, are seen as able to provide a real alternative to satellite connections for a wide variety of applications.
To this end, a consortium of research organisations and industry including BT are working together on the Capanina project led by Prof David Grace from York University's department of electronics.
The project team's latest test flight took place in October in Sweden, when they flew a large 12,000m3 free-floating helium balloon into the stratosphere to trial a range of new technologies that would be needed for providing wireless communication from the stratosphere. The team worked on antennas, as well as testing video downloading capabilities with a server installed on the balloon itself.
One of the key technology demonstrators in the project was an experimental multi-directional system known as free space optics which is designed to provide a high data rate for simultaneously receiving and transmitting signals to and from a base station on the ground far below.
'The free space technology is an important step,' said Grace. 'Developing the pointing, acquisition and tracking technologies will be crucial if this idea is to succeed in the future. The more directional you make your beam the further it can travel and the higher data rate it can carry, but the more difficult it becomes to point and track it.'
Grace believes there is a tremendous possibility for growth in high-altitude platforms and that a future balloon could provide wireless access on-board trains to broadband internet and also cover events like the Olympic Games.
A high-altitude platform, as well as fulfilling obvious military applications as the HAA does, could also be used in disaster relief efforts. Eventually it could carry multicast technology that may include high-definition television, he said.
But there is one major hurdle severely hampering the development of stratospheric communications technologies in Europe: we have got nothing to carry it up there yet.
Until this rather considerable problem is solved, Europe's ambitions will remain resolutely stuck on the ground. For its recent tests the Capanina team had to use a balloon that it borrowed from the Swedish space Agency, which had only limited station-keeping capabilities and no on-board motor.
'The lack of a platform remains a massive problem. The communications technology is coming along very nicely but we are all desperate for a platform and we need the aeronautical industry to take this seriously. While Lockheed is getting nearly $150m (£80m) to fund its HAA there is sadly nothing of the sort happening in Europe,' said Grace.
There is no easy answer to this problem either, suggested Grace, as he foresaw a number of technical challenges that will cause problems in the development of a high-altitude platform. The main one is likely to be developing materials and systems that are robust enough to survive at that altitude for long stretches of time, particularly the damaging impact of solar radiation.
Back across the Atlantic it is possible that a US firm, Sanswire, could have the answer as it prepares to launch its own version of a high-altitude airship: the Stratellite, designed to be stationed at 65,000ft. Stratellite's developer hopes that it will then remain in place to an accuracy of one GPS co-ordinate, providing seamless wireless coverage over approximately 300,000 square miles.
With the first Stratellite technology demonstrator due to be launched from Edwards Air Force Base next month Sanswire is currently well ahead of Lockheed in its development of a high-altitude platform. At 126ft, the Stratellite is considerably shorter than the HAA but the major difference between the two is that the Stratellite is a rigid airship, rather than the more balloon-like HAA.
Sanswire's president, Bob Jones, questioned Lockheed's decision to base the HAA on a non-rigid design. He pointed to potential problems that occur when helium leaks through material because of the small size of the individual gas molecules.
'The traditional non-rigid design is a mistake because it means that the envelope itself has to be extremely thick to retain the helium,' claimed Jones. 'The Japanese in their work on airships have found that already. Those types of non-rigid balloon-type airships are fine at low altitude but even then the helium has to be reconditioned regularly. Lockheed will find the same.'
The Stratellite demonstrator will test Sanswire's photovoltaic solar cells as well as the batteries that will store the generated energy and a variety of different electric motors. The Stratellite is equipped with a sophisticated on-board computer that runs the airship's guidance and navigation system, allowing it to run autonomously or be remote controlled from a control centre on the ground. This computer system also automatically monitors the level of power that has been generated and distributes that power to the Stratellite's different subsystems as required.
Proving Grace's earlier assertion that the weather conditions at high altitude pose the biggest challenge to stratospheric platforms, Sanswire used CFD analysis and wind tunnel testing to aid in the airship's design as well as developing a specialised composite fibre to coat the airship, specifically designed to minimise helium loss.
'Our airship is an advanced rigid design, using an extremely lightweight envelope and very lightweight materials such as carbon composite rods in the structure to give a strong but light vehicle,' said Jones. 'One of the biggest challenges is getting the airship through the jet stream safely so it must be strong.'
Inside the Stratellite the difference with the HAA becomes clear. A network of criss-crossing carbon composite frame beams effectively compartmentalise the individual bags that contain the helium. According to Jones, the Stratellite is the only airship that uses this internal design and with its series of individual helium balloons the risk of gas leaking is greatly minimised.
According to Jones, the environment in the stratosphere poses a number of problems for airships, especially if they are expected to stay there for long periods of time.
'At 65,000ft it is extremely cold which will affect the battery while at the same time the engines have to be kept cool, because they can easily overheat at that height,' said Jones. 'We have put a lot of developmental work into cooling the engine and particularly the photovoltaic cells because they can reach 160-180o C.'
Sanswire has developed a unique proprietary cooling system that is built into the solar panel to keep it cool.
Many of the broadband wireless technologies that the Stratellite will use are being developed by Sanswire's parent company Globetel at its German base, which works with the University of Stuttgart. Within the next month some of these will be tested on-board one of NASA's high-altitude aircraft which are capable of reaching altitudes of up to 65,000ft.
Jones and his team have grand ambitions for the Stratellite and he dreams of providing a national wireless broadband network using a fleet of airships. However, possible future applications for the Stratellite also extend to areas such as border control and battlefield surveillance as well as climate research.
For those who thought the future of the airship went down with the Hindenburg, it would seem the tide is finally turning back in favour of this most graceful of vehicles, as the next generation of airship begins to take shape. Meanwhile, back in Akron, the town is still buzzing. For Don Plusquellic, the town's mayor, this rebirth of the blimp is fantastic news. 'The airships are back and it's thrilling,' he said.
Source: The Engineer
Date Published: May 23, 2006
Date Last Modified: May 23, 2006
nilremerlin
From the AFCEA Tech showcase site exhibitor list, "more info" on Sanswire (my bold):
http://expo.jspargo.com/lwn06/exhibitors.asp
Booth Number 734
SANSWIRE NETWORKS
About Our Company
Sanswire Networks LLC, a wholly owned subsidiary of GlobeTel Communications Inc., along with its partners drawn from key leaders within industry, academia and the government, has embarked upon a program of developing a series of high altitude, long-endurance lighter-than-air airships and conventional uninhabited air vehicles to meet the growing needs of the world community for high data rate, broadband wireless communication and earth observation.
"and conventional uninhabited air vehicles"...I haven't noticed Sanswire described in this way previously. What would "conventional" mean exactly, I wonder. Would Air Dragon be considered conventional?...not in my opinion, but it depends on how they're defining conventional. Perhaps the Invader via Delta AeroSpace is considered more conventional?
Perhaps this corresponds with bringing Eric Heininger onboard Sanswire:
http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=850398&highligh...
Comments?
nilremerlin
I copy and paste AH activity from 4 different sites every day (for the record), and here is my post for Friday's AH info...see the Inet section, next to last trade of 1,721 shares bought at 1.29:
http://ragingbull.lycos.com/mboard/boards.cgi?board=GTE&read=187964
nilremerlin
Kerry blasts closure of Veteran’s Contracting Office
By Ethan Butterfield
Staff Writer
The closure of the Veteran’s Contracting Office at the Small Business Administration and the planned cancellation of the Veterans Advisory Committee in September have drawn the ire of Sen. John Kerry (D-Mass.).
In a statement, Kerry, the ranking Democrat on the Senate Small Business and Entrepreneurship Committee, accused the administration of closing the Office of Federal Contract Assistance for Veteran Business Owners Office of Government Contracting without notification. He called the two moves “appalling, especially just before Memorial Day.”
While the SBA has made no official statement about the closing, SBA spokesman Raul Cisneros denied that the program had been closed and said it had been “shifted to the Office of Veterans Business Development. With the resources in that office, we can better serve the veteran’s business community.”
But when asked to explain whether veteran business owners saw the move as a scaling back of support for veteran businesses, Cisneros answered “certainly not” but offered no further explanation.
As required by law, the federal government is required to award 3 percent of all federal contracting dollars to service-disabled veteran-owned firms. But in 2005 the federal government awarded just 0.38 percent of contract dollars to companies owned by service-disabled veterans. The difference between what the veterans were awarded and what those businesses should have received under the government’s stated goal for awards was nearly $9 billion, Kerry said.
“It is shameful that in a time of war the administration saw fit to abandon our commitment to those who have honorably served our country and the brave men and women serving today who will be the proud veterans of tomorrow,” Kerry said.
***********************************************
This gov't action could affect our added contract potential via the Delta Aerospace connection, IMHO.
nilremerlin
Institutional uPdate: *American International reports buying/adding 659 shares of GTE in Q1 (see page 2):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am....
On May 15th American International reported selling out their position, on May 25th the site showed them as unreported for Q1, and on May 26th they reported buying/adding 659 shares.
Institutions now show reported as holding 10,023,690 GTE shares in Q1, 9.65% of O/S.
nilremerlin
Institutional uPdate: *American International reports buying/adding 659 shares of GTE in Q1 (see page 2):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am....
On May 15th American International reported selling out their position, on May 25th the site showed them as unreported for Q1, and on May 26th they reported buying/adding 659 shares.
Institutions now show reported as holding 10,023,690 GTE shares, 9.65% of O/S.
nilremerlin
Shareholder meeting time error?:
The accompanying proxy is solicited by the Board of Directors of GlobeTel Communications Corp. (the "Company," "we", "us" and similar terms) to be voted at the Annual Meeting of Stockholders to be held at the Grand Palms Hotel, 110 Grand Palms Drive, Pembroke Pines, Florida at 10:00 a.m., E.S.T.
I think it should be E.D.T. (the Eastern Daylight time mode we're in right now...I e-mailed Rob Bleckman about it, and await his response.
nilremerlin
itsjustme: You can still see the cached old site through Google at-
http://72.14.209.104/search?q=cache:_qmm_U_BWDgJ:www.rubikonpartners.com/+rubiko n+partners&hl=en&ct=clnk&cd=6
nilremerlin
Rubikon has altered/updated its website:
http://www.rubikonpartners.com./
Clarifies that Kissinger is not a founding partner, as misstated by Byron.
nilremerlin
Heads up! Globetel in webcast from Cowen tech Conference coming June 1st:
GLOBETEL COMMUNICATIONS CORP at Cowen and Company 34th Annual Technology Conference
Thursday, June 1, 2006 8:45 a.m. ET
Webcast Presentation Help
Click here for webcast
Click here for webcast
Event Details
Title GLOBETEL COMMUNICATIONS CORP at Cowen and Company 34th Annual Technology Conference
Date and Time Thursday, June 1, 2006 8:45 a.m. ET
Duration 2 Hours
Location New York, NY
http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-EventDetails&EventId=1320488
nilremerlin
Latest news from FSS:
Bhutan National Bank Limited ties up with FSS
FSSNeT to provide ATMs, POS and Card services to Bhutan National Bank
Chennai, May 3, 2006:
Bhutan National Bank, a 10 year old bank in Bhutan having 6 branches in different parts of the country is aggressively targeting the new business segments that are opening in this Mountain Kingdom. For the first time in Bhutan, a bank plans to provide online ATM and POS services via FSSNeT, the outsourcing wing of Chennai based Financial Software and Systems (P) Ltd.
FSS, through FSSNeT, provides third-party processing as an outsourced application service for a large number of top banks in India. FSS’s EFT solutions and outsourced services power over 75% of ATMs and Point of Sale (POS) Terminals in India, processing majority of the Electronic Funds Transfers in the country. For FSSNeT this is the first international outsourced service offering.
The kingdom of Bhutan is a tiny country in the great Himalayas, known for it’s scenic beauty, ancient culture, hospitable people and unique system of governance which gives more importance to human happiness than material wealth. Bhutan is one of the fastest growing tourist destinations for tourists looking for trekking and cultural tours in a lush mountainside.
The FSS partnership with Bhutan National Bank will benefit both Indian and Bhutanese banking customers who will have access to their savings bank accounts through the ATMs deployed by partner banks of the FSSNeT. FSS has floated a domestic payments gateway for a group of 22 banks including State Bank of India, Punjab National Bank, ICICI Bank, HDFC Bank, UTI Bank and now Bhutan National Bank. Through this payments gateway FSS will manage settlement of domestic transactions carried out by customers of these banks.
Bhutan National Bank is also exploring the possibility of offering credit and debit card facilities to the tourists who visit Bhutan by deploying Point of Sale (POS) terminals at various locations in Bhutan. Tourists would be able to use their cards for making purchases in Bhutan.
Mr. Kipchu Tshering, Managing Director, BNBL, says - “This electronic payment and settlement system is the first step towards our goal of providing basic modern banking amenities to our customers. We are confident that our partnership with FSS will not only cater to the immediate demands of our customers, but will also help us in achieving our next step of providing globally accepted amenities to our customers”
Says Mr. Nagaraj Mylandla, Managing Director, FSS - “We are pleased to partner with Bhutan National Bank in their electronic payment initiatives. For FSSNeT, this is a milestone in providing online services outside the shores of India. We look forward to a long mutual beneficial relationship with Bhutan National Bank, and look forward to increase in value proposition for both of us”
Top
News
May 2006
March 2006
February 2006
December 2005
November 2005
October 2005
April 2005
March 2005
All contents © copyright 2005 Financial Software & Systems (P) Ltd. All rights reserved.
nilremerlin
Chris Byron flubs it up "Yet that hardly seems surprising given a statement by Kissinger to The Post last week that he was never a founding partner of Rubikon,"
That's because Kissinger is/was a founding "shareholder" of Rubikon, not a founding "partner", as per the Rubikon website.
Byron is such a transparent dummy!
nilremerlin
Rubikon Partners may have branched out from this:
http://www.kmaglobal.com/
nilremerlin
Institutional uPdate correction: Deutsche Bank is now listed as reported for Q1 again, buying/adding 9,508 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions reported holding 9,971,506 GTE shares in Q1, 9.60% of O/S.
nilremerlin
Institutional uPdate correction: Deutsche Bank is now listed as reported for Q1 again, buying/adding 9,508 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions reported holding 9,971,506 GTE shares in Q1, 9.60% of O/S.
nilremerlin
Short interest for May gets published Friday afterhours:
http://www.amex.com/amextrader/?href=/amextrader/tdrInfo/calendars/tdrInfo_calendars.html
Amex Issues Short Interest Schedule - 2006 (Mid-Month)
Month Trade Date Settlement Date Due Date Published Date
January 01/10/2006 01/13/2006 01/18/2006 01/20/2006
February 02/10/2006 02/15/2006 02/17/2006 02/22/2006
March 03/10/2006 03/15/2006 03/17/2006 03/21/2006
April 04/10/2006 04/13/2006 04/18/2006 04/20/2006
May 05/10/2006 05/15/2006 05/17/2006 05/19/2006
June 06/12/2006 06/15/2006 06/19/2006 06/21/2006
July 07/11/2006 07/14/2006 07/18/2006 07/20/2006
August 08/10/2006 08/15/2006 08/17/2006 08/21/2006
September 09/12/2006 09/15/2006 09/19/2006 09/21/2006
October 10/10/2006 10/13/2006 10/17/2006 10/19/2006
November 11/10/2006 11/15/2006 11/17/2006 11/21/2006
December 12/12/2006 12/15/2006 12/19/2006 12/21/2006
Report Due Date: The date that short interest data is due from clearing firms. Reports are due by 1:00 p.m.
Report Published Date: The date that Amex short interest data is disseminated. The report will be available after the close of trading on this date.
For questions regarding the Amex short interest report, call the Amex Market Surveillance Department at 212-306-1529.
nilremerlin
Institutional uPdate: Gartmore Mutual Fund (NEW) reports buying 27,100 shares of GTE in Q1 (after selling out in Q4), see page 2:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions have reported holding 9,961,998 shares of GTE in Q1 so far, 9.59% of O/S.
Deutsche Bank, which had reported buying/adding 9,508 shares of GTE in Q1, is now listed as unreported for Q1?
more to come...
nilremerlin
Institutional uPdate: Gartmore Mutual Fund (NEW) reports buying 27,100 shares of GTE in Q1 (after selling out in Q4), see page 2:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions have reported holding 9,961,998 shares of GTE in Q1 so far, 9.59% of O/S.
Deutsche Bank, which had reported buying/adding 9,508 shares of GTE in Q1, is now listed as unreported for Q1?
more to come...
nilremerlin
db_ill_invest: The Howard Smith lawsuit complaint is a carbon-copy of the Milberg Weiss/Scott+Scott complaint with the same plaintiff, Robert T. Knox. The Howard Smith law firm is not even listed on the bottom of the complaint. The MF trash is in the complaint:
http://www.howardsmithlaw.com/Complaints/GlobeTel_Complaint.pdf
Boooooooring!
nilremerlin
Another pile-on lawsuit:
Law Offices of Howard G. Smith Announces Class Action Lawsuit Against GlobeTel Communications Corp. -- GTE
Wednesday May 17, 10:47 pm ET
BENSALEM, Pa., May 17, 2006 (PRIMEZONE) -- Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased securities of GlobeTel Communications Corp. (``GlobeTel'' or the ``Company'')(AMEX:GTE - News) between December 22, 2005 and April 11, 2006, inclusive (the ``Class Period''). The class action lawsuit was filed in the United States District Court for the Southern District of Florida.
ADVERTISEMENT
The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market during the Class Period concerning the Company's financial prospects, thereby artificially inflating the price of GlobeTel securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased GlobeTel securities between December 22, 2005 and April 11, 2006, you have certain rights, and have until June 27, 2006, in which to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, or visit our website at http://www.howardsmithlaw.com.
More information on this and other class actions can be found on the Class Action Newsline at http://www.primezone.com/ca.
Contact:
Law Offices of Howard G. Smith
Howard G. Smith
(215)638-4847
(888)638-4847
www.howardsmithlaw.com
nilremerlin
...and one more (my bold):
Time & Sales
Rec. Time Action Price Volume
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1 500
9:38:38 AM Bid 1 8000
9:38:38 AM Trade 1.1 800
9:38:38 AM Bid 1.1 200
9:38:38 AM Bid 1.1 1000
9:38:38 AM Bid 1.1 200
9:38:38 AM Trade 1 500
9:38:38 AM Trade 1.1 4200
9:38:38 AM Trade 1.1 1000
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.05 100
9:38:38 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.05 9900
9:38:36 AM Trade 1.05 100
9:38:36 AM Bid 1 8100
9:38:36 AM Trade 1.08 1600
9:38:32 AM Trade 0.91 12100
9:38:32 AM Trade 1.18 800
9:38:32 AM Trade 1.18 800
9:38:32 AM Bid 1.08 1600
9:38:32 AM Trade 1.18 4200
9:38:32 AM Trade 1.18 800
9:38:32 AM Trade 1.18 5000
9:38:32 AM Trade 1.1 3500
9:38:32 AM Trade 1.1 700
9:38:32 AM Bid 1.18 800
9:38:32 AM Bid 1.08 1600
9:38:30 AM Trade 1.25 200
9:38:30 AM Bid 1.18 5000
9:38:28 AM Trade 1.3 5000
9:38:28 AM Trade 1.3 3900
9:38:28 AM Trade 1.3 200
9:38:28 AM Trade 1.3 2000
9:38:28 AM Trade 1.3 1400
9:38:26 AM Trade 1.3 3100
9:38:26 AM Trade 0.98 1000
9:38:26 AM Bid 1.25 200
9:38:26 AM Bid 1.08 1600
9:38:26 AM Bid 1.25 200
9:38:26 AM Trade 1.25 200
9:38:26 AM Bid 1.08 1600
9:38:26 AM Bid 1.25 200
9:38:26 AM Bid 1.08 1600
9:38:26 AM Bid 1.25 200
9:38:26 AM Trade 1.1 1000
nilremerlin
Another page from the Time & Sales record this morning (my bold):
Time & Sales
Rec. Time Action Price Volume
9:38:50 AM Bid 1.02 1400
9:38:50 AM Trade 1.1 4000
9:38:50 AM Trade 1.1 200
9:38:50 AM Bid 1.02 1000
9:38:48 AM Trade 1.1 800
9:38:48 AM Bid 1.1 200
9:38:48 AM Trade 1.1 1000
9:38:46 AM Trade 1.1 174100
9:38:46 AM Trade 1.1 1400
9:38:44 AM Trade 1.1 200
9:38:44 AM Bid 1.1 1000
9:38:42 AM Trade 1 5200
9:38:42 AM Trade 1 2000
9:38:42 AM Trade 1.1 800
9:38:42 AM Bid 1.1 200
9:38:42 AM Trade 1.1 600
9:38:42 AM Trade 1.1 200
9:38:42 AM Trade 1.1 800
9:38:42 AM Trade 1.1 600
9:38:42 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Bid 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Bid 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Trade 1.1 800
9:38:40 AM Bid 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 7400
nilremerlin
From the Time & Sales record this morning (my bold):
Time & Sales
Rec. Time Action Price Volume
9:37:06 AM Ask 1.46 2500
9:36:56 AM Trade 1.02 448000
9:36:56 AM Trade 1.46 5000
9:36:52 AM Trade 1.46 400
9:36:52 AM Trade 1.41 1100
9:36:52 AM Trade 1.42 1900
9:36:52 AM Trade 1.46 3400
9:36:52 AM Trade 1.46 1500
9:36:52 AM Trade 1.46 100
9:36:50 AM Trade 1.46 2500
9:36:50 AM Ask 1.46 2400
9:36:44 AM Trade 1.46 1000
9:36:44 AM Trade 1.46 3100
9:36:44 AM Trade 1.47 1000
9:36:44 AM Trade 1.46 5100
9:36:44 AM Trade 1.46 1900
9:36:44 AM Trade 1.41 100
9:36:38 AM Trade 1.42 800
9:36:38 AM Trade 1.47 1000
9:36:34 AM Trade 1.46 5000
9:36:32 AM Trade 1.46 4000
9:36:32 AM Bid 1.46 100
9:36:30 AM Trade 1.46 2000
9:36:30 AM Trade 1.46 1600
9:36:30 AM Ask 1.46 2500
9:36:22 AM Trade 1.46 1000
9:36:12 AM Trade 1.47 2700
9:36:08 AM Trade 1.41 100
9:36:08 AM Trade 1.46 10000
9:36:08 AM Trade 1.46 1000
9:36:08 AM Ask 1.47 2000
9:36:06 AM Trade 1.46 2800
9:36:04 AM Trade 1.46 2000
9:36:04 AM Bid 1.46 4000
9:36:02 AM Trade 1.5 400
9:36:02 AM Ask 1.5 4100
9:36:02 AM Bid 1.47 100
9:36:00 AM Trade 1.47 1100
9:36:00 AM Ask 1.5 1600
9:35:58 AM Ask 1.5 1000
9:35:58 AM Bid 1.47 1000
9:35:56 AM Trade 1.4 5000
9:35:56 AM Trade 1.4 300
9:35:56 AM Trade 1.4 10000
9:35:56 AM Trade 1.45 100
9:35:56 AM Bid 1.5 100
9:35:56 AM Trade 1.5 3300
9:35:56 AM Trade 1.41 9000
9:35:56 AM Trade 1.45 100
9:35:56 AM Trade 1.41 500
nilremerlin
Institutional uPdate: Rhumbline Advisers reports holding its 7,000 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now report holding 9,961,869 shares of GTE, 9.59% of O/S (site now shows 104 mil shares as O/S).
Yesterday, site showed 9.69% of O/S, with O/S at 102 mil...must've been a little dilution in O/S.
nilremerlin
Institutional uPdate: Rhumbline Advisers reports holding its 7,000 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now report holding 9,961,869 shares of GTE, 9.59% of O/S (site now shows 104 mil shares as O/S).
Yesterday, site showed 9.69% of O/S, with O/S at 102 mil...must've been a little dilution in O/S.
nilremerlin
Over 1.7 Million Mobile WiMAX Users Expected by '07, 21 Million by '12
The number of Mobile WiMAX subscribers could be 1.7 million in 2007 and reach as high as 21.3 million in 2012, according to a study from Juniper Research. The number of subscribers will begin to climb after the release of certified equipment in 2007, with substantial growth occurring in North America and in developing regions eschewing 3G for Mobile WiMAX based on OFDMA. Juniper's study sees WiMAX serving customers in both fixed and wireless markets and estimates that the market for equipment could be worth US$2.53 billion by 2012.
http://www.faulkner.com/telecom/default.asp
nilremerlin
Institutional uPdate:
WS Ventures Management (NEW) reports buying 50,000 shares of GTE in Q1, see page 2;
Metropolitan Life reports buying/adding 28,349 shares of GTE in Q1, see page 2;
Merrill Lynch & Co reports selling part of their position, 11,605 shares of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am....
Institutions now hold 9,961,869 shares of GTE, 9.69%.
Reporting almost done, a little more to come...
nilremerlin
Institutional uPdate:
WS Ventures Management (NEW) reports buying 50,000 shares of GTE in Q1, see page 2;
Metropolitan Life reports buying/adding 28,349 shares of GTE in Q1, see page 2;
Merrill Lynch & Co reports selling part of their position, 11,605 shares of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am....
Institutions now hold 9,961,869 shares of GTE, 9.69%.
Reporting almost done, a little more to come...
nilremerlin
Picture of Ferdinando Salleo, the gentleman on the left:
http://www.oas.org/oer/gallerypo/PermanObsPublication/italy2.htm
nilremerlin
Floor Plan for the late August AUVSI symposium. Sanswire is exhibiting at booth 537 (just left/below where it says Hall B at the top of the floor plan):
http://www.auvsi.org/symposium/2006/06FloorPlan.pdf
The larger booth in the square, facing the food services corridor...a popular area...no problem, Mr. Jones, lol!
nilremerlin
Sanswire is finally on the exhibitor list for this August conference, booth 734:
http://expo.jspargo.com/lwn06/exhibitors.asp
We're in impressive company.
nilremerlin
DonG:
Q2 2005 ~3%, shares held 2,290,332
Q3 2005 5.66%, shares held 4,561,831
Q4 2005 7.76% (reduced to 6.11% by dilution), shares held 6,285,043
Q1 2006 (so far) 9.62%, shares held 9,895,125
nilremerlin
Institutional uPdate:
Barclay's Global reports buying/adding 140,353 shares of GTE in Q1, see page 1;
State Street Corp reports buying/adding 7,950 shares of GTE in q1, see page 1;
TIAA CREF reports buying/adding 13,500 shares of GTE in Q1, see page 2;
Boston Partners (NEW) reports buying 345,700 shares of GTE in Q1, see page 2;
Shaw D E & Co reports buying/adding 150,000 shares of GTE in Q1, see page 2;
Credit Suisse reports buying/adding 122,745 shares of GTE in Q1, see page 2;
Teleos Management reports holding its GTE shares in Q1, see page 2;
Morgan Stanley reports buying/adding 41,290 shares of GTE in Q1, see page 2;
AXA (NEW) reports buying 52,900 shares of GTE in Q1, see page 2;
Teachers Advisors reports buying/adding 2,640 shares of GTE in Q1, see page 2;
Lehman Brothers (NEW) reports buying 23,263 shares of GTE in Q1, see page 2;
Deutsche Bank reports buying/adding 9,508 shares of GTE in Q1, see page 2;
MFC Global reports buying/adding 422 shares of GTE in Q1, see page 3;
bear Stearns reports selling part of its position, 293 shares of GTE in Q1, see page 3;
Marco Investment reports selling out its 3,334 share position in GTE in Q1, see page 3;
American International reports selling out its 51,525 share position in GTE in Q1, see page 3;
TWO SIGMA reports selling out its 212,500 share position of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,895,125 shares of GTE, 9.62% of O/S
reporting almost done, more to come...
nilremerlin
Institutional uPdate:
Barclay's Global reports buying/adding 140,353 shares of GTE in Q1, see page 1;
State Street Corp reports buying/adding 7,950 shares of GTE in q1, see page 1;
TIAA CREF reports buying/adding 13,500 shares of GTE in Q1, see page 2;
Boston Partners (NEW) reports buying 345,700 shares of GTE in Q1, see page 2;
Shaw D E & Co reports buying/adding 150,000 shares of GTE in Q1, see page 2;
Credit Suisse reports buying/adding 122,745 shares of GTE in Q1, see page 2;
Teleos Management reports holding its GTE shares in Q1, see page 2;
Morgan Stanley reports buying/adding 41,290 shares of GTE in Q1, see page 2;
AXA (NEW) reports buying 52,900 shares of GTE in Q1, see page 2;
Teachers Advisors reports buying/adding 2,640 shares of GTE in Q1, see page 2;
Lehman Brothers (NEW) reports buying 23,263 shares of GTE in Q1, see page 2;
Deutsche Bank reports buying/adding 9,508 shares of GTE in Q1, see page 2;
MFC Global reports buying/adding 422 shares of GTE in Q1, see page 3;
bear Stearns reports selling part of its position, 293 shares of GTE in Q1, see page 3;
Marco Investment reports selling out its 3,334 share position in GTE in Q1, see page 3;
American International reports selling out its 51,525 share position in GTE in Q1, see page 3;
TWO SIGMA reports selling out its 212,500 share position of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,895,125 shares of GTE, 9.62% of O/S
more to come...
nilremerlin
FORTUNE500: Question...you wrote "Also, the last firm to file told me that its highly possible that the initial firm to file was indeed trying to get the shareprice down in a manipulation attempt."
Could you name that firm for me...I'd like to be sure which firm you're referring to. TIA
nilremerlin
One of today's military cotract awards:
Raytheon Systems Co., El Segundo, Calif., is being awarded a $7,996,471 indefinite delivery/indefinite quantity contract. The objective of this effort is to develop Lightweight, Low-Power Density Active Electronically Scanned Array (AESA) technology for the DARPA Integrated Sensor is Structure program. The AESA to be developed is dual band (UHF and X-Band) and bonded to the flexible hull material of the airship. The Air Force can issue delivery orders totaling up to the maximum amount indicated above, though actual requirements may necessitate less than the amount above. At this time, $2,500,000 has been obligated. Negotiations were complete April 2006. Work will be complete April 2008. The Air Force Research Laboratory, Rome, N.Y., is the contracting activity (FA8750-06-C-0048).
They don't name the airship, as they usually do in these contracts...hmmmm
nilremerlin
Institutional uPdate:
HBK Investments reports buying/adding 759,000 shares of GTE in Q1 (see page 1);
US Bancorp reports selling part of its position, 768 shares of GTE in Q1 (see page 3);
UBS AG reports buying/adding 2,957 shares of GTE in Q1 (see page 3);
SG Americas reports selling out its 13,124 share position in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,112,343 shares of GTE, 8.86% of O/S.
climbing, more to come...
nilremerlin
Institutional uPdate:
HBK Investments reports buying/adding 759,000 shares of GTE in Q1 (see page 1);
US Bancorp reports selling part of its position, 768 shares of GTE in Q1 (see page 3);
UBS AG reports buying/adding 2,957 shares of GTE in Q1 (see page 3);
SG Americas reports selling out its 13,124 share position in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,112,343 shares of GTE, 8.86% of O/S.
climbing, more to come...
nilremerlin
Institutional uPdate:
Northern Trust reports buying/adding 99,163 shares of GTE in Q1 (see page 2);
Parallax Fund reports selling part of their position, 5,200 shares of GTE in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 8,364,189 shares of GTE, 8.14% of O/S.
nilremerlin
Institutional uPdate:
Northern Trust reports buying/adding 99,163 shares of GTE in Q1 (see page 2);
Parallax Fund reports selling part of their position, 5,200 shares of GTE in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 8,364,189 shares of GTE, 8.14% of O/S.
nilremerlin