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VXO index 16.43 got Fear yet?
Get a chance billy, could ya post it. Slipping a bit
just now but popped Open sharply up. Couple more spikes
in this bloody fear gauge, maybe get a little run. Or is
all just goes to hell by 100+ pt drops.
billy thx SUMM chart nice & AAMI
AAMI beginning a fire sale again? 0.23 -.01
Last time hit 0.17 with fast buying recovery to 0.40
But who knows this is such a sloppy mkt.
Mkt looks to be adding some fresh lipsticks at moment
but might just be a bj.
DIO continues plunge 2.47 -.25 thin
This AMEX post R/S POS has a really checked past.
Large questions about the books - revs, reporting and
such.
Merely a watcher as an indicator of drup finders stocks.
Meaning if this POS pig were to being a run higher,
might be a mine canary in reverse!? The bird, she lives!
Has had sucker pops but now given it up.
Nothing exciting. Rainy Manhattan. Yuk mood.
Yaya never short a dull market. But Momma can I short a
lifeless falling one???^$%*%*^#
I mean what the F. Is all this crap just gonna rise at once
or just float up out the bowl 1 by 1 making a rise even
harder to see as a Trend when/if does happen?
nappy.pk time
SMTR Noon News China
.074 +.002 400K but heavier Vols. Goes when it goes.
7/12/04 - Beijing Boom Receives First Shipment of SmarTire for Buses 100 unit order begins roll-out of tire pressure monitor
RICHMOND, BC, Jul 12, 2004 (Canada NewsWire via COMTEX) -- SmarTire Systems Inc. (OTCBB: SMTR) today announced that its Chinese distributor, Beijing Boom Technology, has received its first volume shipment of 100 SmarTire for Buses systems. Beijing Boom will be marketing these systems to tourism and public system bus operators in China.
The new SmarTire for Buses system incorporates the Company's new high pressure transmitters, an improved receiver as well as a graphic display mounted in view of the driver. SmarTire for Buses monitors both tire pressure and temperature, warning the driver if a tire is under-inflated, loses pressure while driving or if the tire temperature rises abnormally. This tire information is critical for the safe operation of the bus and helps maximize tire life and fuel economy as well as reduce the risk of downtime due to a tire failure.
"Buses are the main form of mass transportation in China, and safety is very important to any driver or fleet operator," said Cai Jian Ming, President of Beijing Boom Technology. "We are excited to be expanding our SmarTire product line and to be taking the lead in introducing this important technology to the bus market in China."
"Our relationship with Beijing Boom continues to grow and we are very pleased to see them expanding into the important bus market in China," said John Taylor-Wilson, VP Sales & Marketing for SmarTire. "SmarTire for Buses offers tourism and public transportation bus operators a critical new system to increase their operating efficiency while increasing safety for their customers."
About SmarTire Systems
SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. Government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. Incorporated in 1987, SmarTire has offices in North America and Europe.
OTCBB Vol chart!
Yow, some heavy vols. but the old timer stocks have been
really narrow with no real runner (s). Like the baseball
card traders are just pushing paper to/from one another.
No directional force or sector strength.
Partly nature of spec stocks and the season. Plus all the
talking heads are saying to go large cap if rates jump as
cost of money increasing affects them not at all. Specs
either quit or do those poison financing deals killing the
share price & baggers.
Basic metals-materials is about it. Energy iffy. Saudis
say willing to pump full out. Russia can flood too.
g/l
NXIA looks poppy. mkt needs a strong reversal day.
But what I knows...still riding every floating pig in
the swamp!
Abby ups '04 est $SPX, slower 2H
Also story breaking about Forbes biz editor shot in Russia.
3:47pm 07/09/04
Goldman's Abby Joseph Cohen boosts S&P 500 estimates ($SPX) By Susan Lerner
NEW YORK (CBS.MW) -- Goldman Sachs' Abby Joseph Cohen raised her 2004 operating earnings estimate for the S&P 500 ($SPX) to $61.50 per share from $59.50 and her 2005 forecast to $65.50 from $64.00. The new numbers imply a 13 percent growth rate for 2004 and 7 percent for 2005. Still, the strategist said she expects profit growth to declerate in the second half of the year and into 2005 owing to more challenging year-over-year comparisons, increasing costs related to energy labor and financing and a more muted benefit from a falling U.S. dollar. "We believe investors should focus on the length and durability of the profit expansion, not the unsurprising decline in the growth rate from the unsustainably rapid pace in recent quarters," she told clients. She also lifted her dividend per share estimates for the S&P 500 were raised to $19.00 from $18.25 for 2004 and to $20.00 from $19.00 for 2005 for growth rates of about 9 percent and 5 percent.
KC Fed Pres report link
http://biz.yahoo.com/rf/040709/economy_fed_hoenig_2.html
Reuters
UPDATE - Hoenig says Fed will not stall the recovery
Friday July 9, 3:35 pm ET
By Steve Jordan
(Updates to add Hoenig quotes, background)
COLUMBUS, Neb., July 9 (Reuters) - The Federal Reserve will take care not to stall the U.S. recovery by raising interest rates too fast but does not have a preset target for future policy action, one of its top officials said on Friday.
<more>
GZFX 0.09 -.01 less Vol
Slide is on lower vols unlike MBWS for example where they
are rushing for exits on higher vols.
damn ITDJ shakers.
ha billy
according to the chart, it is in the last leg of a triple bottom reversal
Bet cha it's gonna be a first for us - first leg of a fourth
bottom reversal!
TNTI +73% 45/52 spread - POS
thx billy, and CNBC Fed discuss
CNBC heads discussed the growth picture of KC Pres.
Debate is on about his predict of 4% growth ahead.
Hedges looking at 2% or 2.5%
Game is afoot if Street decides 4% is more likely. Then
hedgies will rush to cover and ya know what that means!
Hope your pick has some growth ahead. Be neat to run
it thru the conveyor belt.
Roll it past that Nasdaq part that has RT filings. That
plus news can be an influence to move it.
damn POS SSWH jumping 46% after nada days.
VNTB still watchy watchy if <0.0040 acts tacky now
billy, ya tease
Be watching for it. Weekend is good for DD.
AVR true POS but? 0.12 -.01
Druggie sliding and lots block trades on it today.
Haven't smelled the rat yet. Could be another RSer like
VRA that I rode well.
cap is $13M and 109M OS which is so so.
VRA is $47M and 36.5M after RS. Went 1.15 to 1.85 back
to 1.28
Both are AMEX poppers but AVR is bitchy low on $cap.
Had legal settlement in June.
Today Bear S reviewed Managed Care with AVR on list. But
AVR is a diag type drug company.
Could go to 0.08 like AAC before AMEX done w/ her.
Old fave WEL (AMEX) approved more AS today.
Thursday , July 08, 2004 11:17 ET
Bear Stearns is looking 16.5% median EPS growth for the Managed Care industry as 2Q reports begin to roll out next week. They believe cost trend indicators will be closely scrutinized and view stable-to-moderating indications as probable and the most critical component to support their Overweight industry view. Their modeled earnings incorporate 40 bps (median) of sequential MCR deterioration, though they believe this component may prove conservative. They look for organic enrollment growth at 3% and continue to observe less drag from in-group attrition as the employment environment improves, though they note only very modest impact on earnings which are much more sensitive to margin changes.
Little new information on the 2005 pricing though their own proprietary data indicates a pricing-to-trend environment that is seemingly more stable than they believe is reflected in the stocks. While summer months are typically less robust for managed care stock performance (and valuations have not reached typical trough levels with recent pull-back), Bear Stearns believes more compelling evidence that cost moderation persists would provide a near-term boost.
Fed guy "Global demand growing."
Stronger manuf will add jobs. Outsource no bug deal.
Bloomberg info.
Hoenig works with Midwest in mind. Market may think dif.
We see.
KC Pres Fed speak 1PM ESt
Kansas City Fed President Hoenig will be speaking on monetary policy in Nebraska at 1:00 ET, and, for lack of any other market movers, will be closely watched.
TNTI unusual Vol $drop .0035/.004
Don't know much.
ADS nice channel w/ stops! eom
opinion: Hope for bounce during Friday
Full-Fledged Downmove
By Harry Boxer, The Technical Trader (www.thetechtrader.com)
For the most part the market had another ugly session. It started out with a big gap down. The indices bounced around in what looked like bear flag formations, but they then resolved to the upside and sucked out a lot of shorts, I'm sure, on that rally. That hit its peak just before the lunch hour, when market then headed lower for pretty much the rest of the session. There was an afternoon bounce that saw the market snap back a little bit, but they rolled over into the last half hour and closed at the lows for the day going away.
The Dow was down around 70, the S&P 500 was down nearly 9 1/4, the Nasdaq Composite 30 ¾ and the Nasdaq 100 about 21 1/3, all of that despite the fact that the SOX sold off a point and was up for most of the session today.
The technicals were more negative on Nasdaq than New York, with 2371 issues down and 725 up on Nasdaq, a nearly 3 to 1 negative ratio. New York was about 21 ½ to 11, or about 2 to 1.
Up/down volume, however, on New York was nearly 4 to 1 negative, with 1.3 billion traded. Nasdaq traded close to 1 2/3 billion, with about 1 1/3 of it to the downside, about a 5 ½-to-1 ratio. So, a bad day on the street today!
There were some outstanding issues. On an Al Qaeda threat, the security stocks snapped back with a roar. MAGS ran from 16.38 to 18.60, closing at 18.57 up 1.88 and near the highs for the session. IPIX similarly ran from 9.81 to 11.45, closing at 11.40, up 68 cents. Those were two outstanding issues today on my personal board.
Low-priced AXM Pharma (AXJ) on a late spurt closed at 4 ¼, up 30 cents, snapping back from recent losses.
Other than that, it was a very mixed picture out there. Yahoo on the negative side was down 2 ½ on heavy volume of 87 million shares, but well off the lows. That was the loss leader, along with Taser down 1.60. Other stocks of note, ALVR dropped 78 cents, Cybersource was down 77 cents, Dendreon 60 cents, and OVTI another 40 cents to a new low in the 13.60 range.
Looking at the overall chart patterns, the market continues to sell off strongly from its post-Fed announcement last week, at which point the market saw it highs for the entire move. The Nasdaq 100 has dropped from 1523 and change to today's close at 1431, or about 91 points in about 5 sessions, a very steep decline in a 3-legs down move.
The S&P 500 over the same period has dropped from around the 1146 area to the 1109 area, or about 37 points, and we're in the process of taking out several layers of support, trendlines, moving averages, etc. So we're on a full-fledged downmove right here.
The oscillators after today's action are probably going to be oversold enough to create a pretty good snapback rally, and I am anticipating that although we may see lower prices tomorrow morning initially based on the negative close today, I expect a test of the 1428-30 on the Nasdaq 100, possibly as low as 1420. The S&P 500 may test as low as the 1103-05 zone before we get some kind of snapback.
Good trading!
Harry
Pity your poor poor broker?
=DJ Judge Rules On Smith Barney Broker Compensation Damages
. . By Lynn Cowan . Of DOW JONES NEWSWIRES .
WASHINGTON (Dow Jones)--Citigroup Inc.'s (C) Smith Barney unit could end up owing more than $8 million to a group of former brokers who participated in the firm's deferred compensation plan, under a ruling this week that is expected to be appealed, attorneys for the brokers said.
New Jersey Superior Court Judge Stephen J. Bernstein ruled Wednesday from the bench that the firm must refund the deferred compensation - which came in the form of Citigroup shares - according to the value of the stock the day each broker left the firm, minus the 25% discount originally received, plus prejudgment interest, according to a court clerk.
The judge hasn't yet finalized how much money Citigroup would end up owing under those calculations, said his clerk, but the law firm representing the brokers, Nagel Rice & Mazie of Livingston, N.J., said the total bill could come in above $8 million for the approximately 160 former Smith Barney brokers who participated in the case.
Bernstein's ruling on damage calculations follows an April decision in which he ruled that Smith Barney's forfeiture provision in its deferred compensation plan, known as the Capital Appreciation Plan, or CAP, violated New Jersey wage laws. Citigroup is expected to appeal his rulings.
Citigroup spokeswoman Kim Atwater refused to comment on the damages ruling this week. After the April decision, the firm said it was disappointed with the judge's decision and continued to believe that the CAP plan is supported by applicable law.
The New Jersey case is one of several state cases focusing on deferred compensation plans at Smith Barney and at Prudential Securities, which had a similar plan for its brokers called MasterShare. Prudential merged its brokerage operations with Wachovia Corp. (WB) last year, making Wachovia the majority owner, but the plan is still in place for Prudential brokers on an interim basis.
Brokers who have left Prudential and Smith Barney contend that the deferred compensation plans, which require participants to forfeit money if they leave the firms before a certain multiyear vesting period, amounts to illegal confiscation of their wages. Both Prudential and Citigroup have defended their plans, saying the vesting periods were clearly disclosed to participants.
In a separate decision issued last week, a federal judge in Massachusetts who is handling a consolidated group of similar cases filed in other states ruled that Smith Barney hadn't violated New York law with its CAP plan, following a similar decision affecting former Prudential brokers in New York.
Michael Collora, a Boston attorney representing the Smith Barney brokers in New York, said there has been no decision yet on whether the brokers will appeal. He said he is handling two similar cases in Massachusetts and Connecticut, both of which are pending.
Other state cases pending include ones in Florida, Colorado, Louisiana and Georgia, attorneys said.
-By Lynn Cowan, Dow Jones Newswires; 202-862-3548; lynn.cowan@dowjones.com .
(END) Dow Jones Newswires
07-08-04 1545ET- - 03 45 PM EDT 07-08-04
oh billy ya made my day
Geez that is screaming funny! I guess in back of my mind
I'd been thinking there was something a bit weird-creepy
about all that love action yesterday. But trying to keep
open mind. Ah those prep school days!? kiss kiss
Both guys also have same taste in short chubby fraus.
Might be a few more cigar days for Edwards ahead.
ahead Oh man I kill myself.
Passing those pics on to a reformed Dem uncle. Life long
Rep and now just so pissed at Iraq thing that he can't see
straight. Oh I gotta email ya the pic he sent me to post
here.
Gotta be balanced about these things! Plus it's a riot.
Martha had retrial rejected today eom
HPON fun quotes Last 0.0175 b/a 0.0195
Who the heck makes up this stuff?
Moose prevails guy says
in his weekly letter. Matching that with the gappy down in
prior mentioned Weekly chart - we best be gitten sums actions
right soon, ya herd dat folks.
Although last week had quite a strong start, the spark fizzled as the markets were not able to hold their gains ahead of the lengthened Independence Day weekend. Recently the Naz had been showing signs of recovery and bullish price action as the NDX puts in a new 10-week high and the SOX found some good footing at its primary trendlines, but the late weakness last week is evidence once again that despite some glimmers of hope for the Bulls, the "Moose" still prevails. The S&P, the market's best overall measure, has been relatively flat for many weeks now. In the short-term picture, we note that the action late last week takes the market to quite important areas of support.
Online Trading Academy - Fernando Gonzalez
$NDX weekly - thx for it - scary
Ugh that gappy down is very unpromising!
billy check this channel chart E-SPU
from his free letter 1:47 pm
Thu Jul 8th 2004
The E-SPU remains on the defensive despite the rally attempt from 1110.75 to 1119.25... The next hour or so will provide us with the added information we need to determine if there is another actionable trade from the short side. Ideally, another climb towards the 1119.00 area followed by a downside pivot would confirm for us that the index is going considerably lower- and a signal that we want to be positioned short again... Lets see what happens for the next hour... Have a look at our updated hourly chart analytics of the E-SPU...
http://www.mptrader.com/markets.php
Lay's a potato head
Popped his can open today and now stale market.
Gotta get some fresh air fast. dow reversal
3Q best worst sectors
CNBC had guy on this am. Said only 2 areas have done well in the 3Q historically. healthcare & utils +0.2% is all
worst are airlines, tires, clothing, steel, materials and
consumer discretionary. They drop by large percents.
From billy's contract/expand it might appear we be at a
swing away from Energy into the first stage of expansion.
Assumes energy prices drop <$30.00 I guess to fuel a launch.
Stockcharts.com has that nice setup for tracking sector
rotations. Trouble is getting time to keep up with them.
Weekly newsletter helps.
Back to pits. ACSH acts iffy. CNES pop. NXIA hurting.
'ol CESY been acting uppy couple days.
g/l
CMKX transfer agent re-engaged
(billy. Was the expand-contract graphic always there?)
News for 'CMKX' - (CMKM Diamonds Inc. Has Re-engaged 1st Global Stock Transfer, LLC.) 1:45pm
LAS VEGAS, Jul 8, 2004 (BUSINESS WIRE) -- CMKM Diamonds Inc. (Pink Sheets:CMKX)
announces 1st Global Stock Transfer, LLC. has been re-engaged as the company's
transfer agent.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements, other than the statements of historical facts, may be
deemed to contain forward-looking statements with respect to events, the
occurrence of which involves risks and uncertainties, including, without
limitation, demand and competition for the company's products and services, the
availability to the company of adequate financing to support its anticipated
activities, the ability of the company to generate cash flow from operations and
the ability of the company to manage its operations.
Further developments and other information on the company may be viewed at our
Web site, http://www.casavantmining.com.
SOURCE: CMKM Diamonds Inc.
CONTACT: CMKM Diamonds Inc.
Melvin O'Neil, 306-752-3755 or 877-752-3755
Fax: 306-752-3754
E-mail: ipr@sasktel.net
Naz 6th test. Nears 61.8% Fib retrace
10:14am 07/08/04
Commentary: Nasdaq gaps below support on 6th try ($COMPQ) By Tomi Kilgore
NEW YORK (CBS.MW) -- The Nasdaq Composite ($COMPQ) was last down 14 points at 1,952, gapping below prior support at 1,960, and has hit an intraday low of 1,947. The technology-burdened index had failed to significantly break below that level in five prior attempts (June 3, June 14, June 22, June 6 and June 7). Next support should come in at the 1,935 to 1,940 level, which corresponds with intraday highs on May 13 (1,938), May 19 (1,936) and May 24 (1,934). That level also represents a 61.8 percent retracement (1,938) of the rally off May 17 low (1,865) to the June 30 high (2,066). Below that, there should be support at 1,888, the bottom of the upside gap created on May 18. There is likely to be resistance within the "gap" in the charts between Thursday's intraday high of 1,956 and Wednesday's low of 1,961. There should also be resistance between Tuesday's intraday high of 1,995 and Friday's low of 1,997.
RVNM will it ever fly? News again
Steady steam of PR but no go. Gave false up advert Spike this am
as MMs said, hello bird droppings avail.
ORLANDO, Fla. , Jul 08, 2004 (PRIMEZONE via COMTEX) --
Raven Moon Entertainment, Inc. (OTCBB:RVNM) Raven Moon Entertainment, Inc. announced today that Gina D's singing toy co-star character 'TV TED' has been awarded a federal trademark. 'TV TED' who appears on a regular basis on the 'Gina D
39;s Kids Club' program was created by Emmy Award Executive Producers Joey & Bernadette DiFrancesco who recently gave Raven Moon Entertainment, Inc. an exclusive ten-year worldwide license for toys and other merchandise derived from the characters from the television program.
"Currently the master toy license is still available for all of the characters in the 'Gina D's Kids Club' series which begins airing across America in September on selected PBS, WB, UPN, ABC and independent stations. We will be entertaining all master toy license offers through Bob Freedman and Mitchell Radin of Cowan, DeBaets, Abrahams & Sheppard, LLP the same New York attorneys that represent the creators of many other popular PBS programs," stated Joey DiFrancesco Raven Moon Entertainment's CEO
'Gina D's Kids Club' will be airing on all of the PBS stations in the State of Maryland, WYBE Public Television Philadelphia, and KHIZ-TV in Los Angeles. Comcast Cable Stations will also be airing the programs in other parts of Pennsylvania, New Jersey and Delaware.
"Fantastic News!!! The success that "Gina" is meeting with at the PBS stations is really well deserved and appropriate. In any and all cases, I am truly proud to be associated, even in the smallest way, with the soon-to-be phenomenon, "Gina D's Kids Club," stated Dr. Mary Beth Leidman, Professor and Media Department Head at Indiana University of Pennsylvania.
For syndication call Len Koch at (201) 568-4800 or Keith Jablon at (321) 217-6994. For Licensing call David Fingeroth or Shelly Goldberg at (407) 679-9291.
For information on Raven Moon Entertainment and "Gina D's Kids Club" visit www.ravenmoon.net. "Gina D's Kids Club" DVD and Video products are only available online through Club House Videos Inc. www.clubhousevideos.com
For "Cuddle Bug" plush toy products call Jack Winters at Serendipity Toys (212) 391-1100. For Club House Videos Inc. investor information call 1-866-THE-APPLE or 1-866-843-2775 or Marc Jablon at (407) 877-5952 for Raven Moon Entertainment, Inc.
GFYF news seeks IL restaurant
10:19 am
BUFFALO GROVE, Ill., Jul 8, 2004 /PRNewswire-FirstCall via COMTEX/ -- GFY Foods, Inc. (GFYF) announced today that it is in the process of acquiring the Dionysus restaurant in Worth, Illinois for an undisclosed amount of cash and stock. The Company anticipates that the deal will be completed within the week, if all negotiations continue to move forward as planned.
"The Dionysus acquisition is such a good fit for our growing company as of this point in time," said Ed Schwalb, President of GFY Foods, Inc. "The restaurant is well established, with a strong local following, has a well trained staff, offers specialty full service Greek food and has a full service bar. Also, the present owner has agreed to sign an employment contract with us and will help us manage the restaurant for the next 3-4 years."
"We intend to immediately start advertising using geo-targeted online ads with portals, local newspaper ads and direct mail. The kitchen has all the equipment that we need to utilize for our catering division, Lulu Catering, which we intend to ramp up as soon as we complete the acquisition of the restaurant. The restaurant is profitable as of this point and time and this revenue will go to our bottom line and help us achieve more profitability moving forward."
The company is currently operational regionally in the Illinois and Indiana areas. It has plans to become national by rolling out additional locations in key market segments and working closely with the Kahala Corporation. It hopes to open 8-10 new locations by the end of calendar 2004, in metropolitan areas where there is minimal competition and significant upside to build a brand and establish the company nationally. And, to continue to aggressively private label new/existing products that may integrate well with its existing line up of products and services.
About GFY Foods, Inc.
Founded in the spring of 2003 by Ed Schwalb -- GFY Foods is currently operating three restaurant locations. The company believes in the importance of providing high quality foods at affordable prices that are healthy alternatives to food that is now being sold to the American public.
This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.
SOURCE GFY Foods, Inc.
Ed Schwalb, President of GFY Foods, Inc., +1-847-353-7554,
ares@bwwonline.com
(GFYF)
Copyright (C) 2004 PR Newswire. All rights reserved.
TRHL.ob THIN Nursing 0.31
Just 7k so far. Ave 107k
Nursing staffing. Yeah that blows but healthcare is one of
few doing halfway decent in a 3Q.
Had record Revs 1Q and was 0.90
Might be inching way in <0.30 as in near year lows.
But been sad with most of these so far AAMI types.
Bunch of them. DSLN SOS ones that may go up or blow up.
Trying to avoid taste for true sludge like AKLM from
past years. It was an old day trader that imploded but
to be expected.
hmm VRA post RS is sliding again. BNKUZ runs!? 0.11 now
BN is some gamble on bank bailout court settlement warrant.
It wins if they win kinda thing. Does nada then pops & drops.
g/l
thx for CNES info guys
GWAD had a PR today about placing ads on NW Airlines.
Not that should expect anything from this one.
GFYF is due (?) RS 1:250 on Monday maybe.
Guess open between 5 - 10 pennies and bomb.
Still holding LSTA after their PR on a new joint planned
for later in Toronto.
Retail & food places getting killed.
CNES 0.001 -.0003 soon?
-23% on 2X daily Vol 21.7M
Soon or still too soon? Maybe at 0.0007
Hope nuthin nasty lurking & just someone dumping.
Got chart billy, when get chance. thx
ACSH Dir resigns over S-8; changes auditor
News for 'ACSH' - (DJ ACS Holdings Director Roland Becker Resigns)
WASHINGTON (Dow Jones)--ACS Holdings Inc. (ACSH) Director Roland Becker resigned on June 14, citing "a continuing lack of clarity of business, marketing, financial, corporate and funding plans" within the company, according to a Form 8-K filed Wednesday with the Securities and Exchange Commission.
Becker said he could not endorse the proposed issuance of an additional 112 million free-trading shares under S-8 consulting contracts.
In the filing, ACS Holdings also disclosed the replacement of Beckstead and Watts LLP with Samuel Klein & Co. The company said in the filing that it had no disagreements relating to accounting principles and practices with its departing auditor.
ACS Holdings is a development-stage company.
-By Jon Marino; Dow Jones Newswires; 202-862-1351;
jonathan.marino@dowjones.com
(END) Dow Jones Newswires
07-07-04 1713ET- - 05 13 PM EDT 07-07-04
Merry Xmas in July DVD+RW $199
Could be hot item that pops retail & electronics?
Holiday depression: DVD-recorder prices to plummet
Matthew Miller, Special Projects Editor -- EDN, 7/7/2004
High prices for DVD recorders have delayed the development of a large VCR-replacement market. But pundits expect that to change this coming holiday season with the arrival of $200 DVD recorders, and Philips intends to be among the companies making the low prices possible.
Market-research firm In-Stat/MDR (a corporate sibling of EDN) believes prices for DVD-burner decks will drop to $199 before the end of this year, making the devices a popular holiday choice.
Philips just announced a reference design, based on its Nexperia chips, for DVD+RW recorders. The design features the company's PNX725x MPEG-2 codec chip set and includes schematics, a bill-of-materials, a software stack, and a development kit. The design allows for differentiation through a customizable remote control and a flexible user interface, Philips says. The company also asserts that the design promotes easy manufacturing because it packages the digital-video technology with a single SDRAM in a small footprint.
Philips doesn't offer much detail to back up its claim of enabling a $199 price point, but the PNX725x chip set sells for less than $20 in volume.
http://www.reed-electronics.com/ednmag/article/CA434395?industryid=22043&nid=2016&rid=127096...
Nice ya got some movers, billy
Trapped in go nowheres.
And worse, sniffing at buttholes of lower life forms
like AGRD...oh woe is the life of a sludgehound.
RWNT soiling self too
Must be the new GWAD AFRT of toilet time.
There's not enough thin wet wipes for this market.
got me beat too billy
Turns out JFK 2 is of Jewish background family from Czech-
Hungary that converted to RC along the line in US.
Preppy kid like Jack and met the Prez for a sailing trip
in 1962 while Prez-yet-to-be still in prep school.
Ah the sweet life.
Notice how both these guys have short dumpy fraus!?
Money can't buy me love.
Just had nappy interuptus by a commod broker reminding
me about Enron blowups in stocks. People always eat corn don't they he says?
Geez should I buy liquor stocks, ya think.
I'm halfway in the tank anyway. LOL
NAPPY best stock of day down for half
Wake when excitement begins.
Kerry Would Be Third-Richest U.S. President
Most U.S. presidents have been men of means. But if elected, Sen. Kerry would be among the very richest.