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http://www.techfront.com.br/about/
http://www.casualreview.com/features/techfront-interview-part-1-of-2/ (from 2008) "We were lucky enough to have a long chat with their president, Rafael Aguilher da Costa."
http://www.casualreview.com/features/techfront-interview-part-2-of-2/
Uplisting news should be around the corner?
Well, it's presently 1:40 am (or thereabouts) in Beijing, Wed the 29th. http://www.happyzebra.com/timezones-worldclock/currentlocal.php?city=Beijing
Wonder if we'll learn about the shareholder meeting actually taking place there "today".
I have that site.
Is there an English translation for the tech hexun article? Are you saying that article is on the MeePower US site? I'll go google around a bit.
is there an English page for that MeePower article? Seems to be dated today, and when I try to translate it google says it's "too large"....... ???
Nice......they'll be in three locations at CES:
Booth(s):
North Hall, Grand Lobby, Lower Level Meeting Rooms
http://www.thestreet.com/story/10955253/4/3-heavily-shorted-stocks-that-could-get-squeezed.html
pages 4 and 5 talk about RAX....author makes a good case on the shorts being on the wrong side of this one:
"...Rackspace just made a key acquisition of a company called CloudKick, which makes web applications that control cloud-server management. CloudKick specializes in helping developers and system administrators deploy and manage their cloud environments. I expect this acquisition - and many more to come in the future - to help Rackspace continue to growth its quarterly revenues by over 20% if not higher. This looks to be another case of the bears shorting a stock on valuation. Rackspace currently trades at a trailing price-to-earnings of around 99 and forward-price-to-earnings of 59. That's no doubt a loft valuation, but if Rackspace can continue to grow quarterly earnings by over 20% and expand rapidly into international markets and with key acquisitions, then this stock is far from expensive.
Basically what I am saying is that the stock might look expensive now, but the bears are betting that the company's high-growth days are over. Do you really think that's a smart bet when we're so early into the entire market shift towards cloud computing? I just don't agree with the bear case here.
The current short interest as a percentage of the float for Rackspace stands at a whopping 27%. That is definitely one gigantic short position by the bears. If the bears turn out to be wrong, and I believe they will, then this stock has a long way to go on the upside.
Keep in mind that right now Rackspace is trading near all-time highs at around $31 a share. That means that anyone who has shorted this stock is losing money and is already on the wrong side of the trade. Just imagine if the bears wake up one day and this company gets taken over by some tech heavyweight that wants to get in on the cloud computing trend. That alone would probably produce a massive short squeeze for the record books."
In the spirit of Quepasa........
Feliz Natal and
Feliz Navidad
Merry Christmas, everyone.
Thanks. I read over on IV that it was Rovelli from Canacord re best stocks for 2011. He also mentioned QCOM.....I didn't see/hear it, but nice to learn Smitty is being 'talked up'.
from Eneerg post on AB board:
Strategy Analytics: Infineon Takes Number Two Position in the Cellular Baseband Market in Q3 2010
Broadcom and Spreadtrum Continue to Gain Share
December 22, 2010 12:33 PM Eastern Time
BOSTON--(EON: Enhanced Online News)--Global cellular baseband revenues reached $3.4 billion in Q3 2010, registering a 12.6 percent year-on-year growth, according to the latest report from the Strategy Analytics Baseband Quarterly Metrics Service module, “BASEBAND Market Tracker: Infineon Grabs Second Spot in Q3 2010.” This report provisionally estimates that cellular baseband revenues for the first nine months in 2010 reached $9.4 billion.
“BASEBAND Market Tracker: Infineon Grabs Second Spot in Q3 2010.”
.Strategy Analytics reports that the lead up to the end-of-year holiday season helped most baseband vendors to register impressive growth in terms of both units and revenue. Qualcomm led the cellular baseband market in Q3 2010, with the help of its strong position in the CDMA and W-CDMA baseband markets. Infineon, Broadcom, Spreadtrum, Icera, Marvell and VIA Telecom all made significant progress in Q3 2010, while MediaTek and ST-Ericsson struggled to increase their revenue share in the face of stiff competition. 2010 is proving to be a challenging year for MediaTek after several years of growth from 2004 to 2009.
According to Stuart Robinson, Director of the Handset Component Technologies service, “Infineon rose to the number two revenue position in Q3 2010, on the strength of several of high-volume design wins at tier-one handset OEMs. Strategy Analytics estimates that Apple accounted for over one-third of Infineon’s baseband revenues in Q3 2010.”
“Broadcom and Spreadtrum continued to gain market share in cellular basebands and showed impressive growth in units and revenue in Q3 2010,” commented Sravan Kundojjala, Senior Analyst. He added, “Strategy Analytics estimates that Broadcom and Spreadtrum together accounted for 12 percent of GSM/GPRS/EDGE baseband shipments in Q3 2010, up from just 7 percent in Q3 2009.” Analyst blog: http://blogs.strategyanalytics.com/stp/
About Strategy Analytics
Strategy Analytics, Inc. provides timely and actionable market intelligence focused on opportunities and disruptive forces in the areas of Automotive Electronics and Entertainment, Broadband Connected Home, Mobile & Wireless Intelligent Systems and Virtual Worlds. Headquartered in Boston, MA, with offices in the UK, France, Germany, Japan, S. Korea and China, Strategy Analytics works with clients through annual multi-client services, management team workshops and custom consulting engagements. For more information, please visit http://www.strategyanalytics.com/.
Spreadtrum Communications (SPRD) keeps setting multi-year highs thanks to continuously rising earnings estimates.
By Bill Wilton|Dec 22, 2010, 2:29 AM|Author's Website
Spreadtrum Communications (SPRD) keeps setting multi-year highs thanks to continuously rising earnings estimates.
But, it is not too late to get into this Zacks #1 Rank (Strong Buy) thanks to valuations that are still showing a good value on those growth rates.
Company Description
Spreadtrum Communications is a fabless semiconductor company that makes products for the wireless communication markets. Fabless means that the company does not actually fabricate the products, but designs and sells them.
Revenue Soaring
On Nov 17 Spreadtrum announced third-quarter results that included a 35% sequential increase in revenue. The $96.2 million top line was up 151% since last year and just above the company’s high end of expectations.
Gross profit almost tripled since last year, to $42.5 million. This led to earnings per share of 37 cents, which was 3 cents higher than the Zacks Consensus Estimate.
Net income and revenue were both company records.
Estimates Still Coming in Higher
Since the earnings release the full year consensus estimate for 2010 is up 17 cents, with the latest round of upward revisions coming in the past week. Next year’s forecasts average $1.55, up 20 cents on the news and another 8 cents in the past week.
Given the 43-cent loss last year, analysts are expecting quite a turnaround by year’s end. Of course most of that has already taken place, but forecasts are calling for another 23% growth in 2011.
Valuations
Probably paying through the nose for growth rates like that. Nope. Shares of SPRD are going for less than 15 times forward estimates and with a PEG of just 0.6. Not bad at all.
The Chart
Shares just keep setting multi-year highs. I would not be surprised if this continues into 2011. Given those valuations and earnings estimate momentum, this chart could continue for a some time.
Aggressive Growth: Spreadtrum Communications
SPREADTRUM-ADR (SPRD): Free Stock Analysis Report
http://wallstreetpit.com/54364-aggressive-growth-spreadtrum-communications
Not sure punctuation helps the image.......lol.
SPRD upgraded by Zacks from neutral to outperform; and analysts at Auriga upgraded shares of Spreadtrum from a “hold” rating to a “buy” with a $20.50 price target on the stock, up previously from $15.00.
Spreadtrum Comms (NASDAQ: SPRD) Upgraded to an “Outperform” Rating
December 20th, 2010
http://www.americanbankingnews.com/2010/12/20/spreadtrum-comms-nasdaq-sprd-upgraded-to-an-outperform-rating/
..
Equities research analysts at Zacks Investment Research upgraded shares of Spreadtrum Comms (NASDAQ: SPRD) from a “neutral” rating to an “outperform” rating in a research note to clients and investors on Thursday.
Separately, analysts at Auriga upgraded shares of Spreadtrum Comms from a “hold” rating to a “buy” rating in a research note to investors on Friday. They now have a $20.50 price target on the stock, up previously from $15.00.Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops and markets baseband processor, radio frequency (RF) transceiver and turnkey solutions for the wireless communications and mobile television market. The Company offers a portfolio of integrated baseband processor solutions that support a range of wireless communications standards, including global system for mobile communications (GSM), general packet radio service (GPRS) and time division synchronous code division multiple access (TD-SCDMA), an international third generation (3G) standard for wireless communications promoted by China. Its solutions also offer a range of multimedia capabilities, such as television-out, moving picture experts group layer-3 audio (MP3) digital audio playback, touchscreen, JAVA acceleration, motion picture experts group 4 (MPEG4), audio video coding standard (AVS) and H.264 digital video playback and 64-channel polyphonic ringtone playback.
Shares of Spreadtrum Comms (NASDAQ: SPRD) traded up 0.27% during mid-day trading on Monday, hitting $18.0478. Spreadtrum Comms has a 52 week low of $5.08 and a 52 week high of $18.38. The stock’s 50-day moving average is $16.16 and its 200-day moving average is $12.07. On average, analysts predict that Spreadtrum Comms will post $0.36 EPS next quarter. The company has a market cap of $856.5 million and a price-to-earnings ratio of 23.38.
For more information about Zacks Investment Research’s equity research offerings, visit Zacks.com.
"As a result, the company has begun an investigation into the circumstances around the trading in ZAGG stock and options on Thursday, December 16, 2010 . The company has filed a formal complaint with the Chicago Board Options Exchange and will report this matter to the Securities and Exchange Commission's Division of Trading and Markets and Division of Enforcement . The company will take other appropriate action if needed to protect its business operations and the reputation of its management team, board of directors, employees and partners."
-------------------
......excellent to see any company step up and address this kind of (alleged) manipulation....
I never read whatever article is referenced, but sounds like the author is potentially in some deep s%^t.
Vidio from Smith Micro Software Named ˜Rising Star"™ in the 2010 Mobile Star Awards
http://finance.yahoo.com/news/Vidio-from-Smith-Micro-bw-4182732884.html?x=0&.v=1
What a great combination this is turning out to be in the portfolio: IDCC and SPRD.
Yeehaw...... :)
Smith Micro target range raised to $17-$19 at Merriman
Merriman raised its price target range for Smith Micro (SMSI) shares to $17-$19 from $14-$17 after its channel checks at Verizon (VZ) indicated healthy LTE adoption. The firm maintains a Buy rating on Smith Micro shares. :theflyonthewall.com
http://www.theflyonthewall.com/permalinks/entry.php/SMSI;VZid1347318/SMSI;VZ-Smith-Micro-target-range-raised-to--at-Merriman
Boy, I'll say.....he hit all the positives right up front and wrote a strong, concise case for owning and holding CCME. Terrific article.
That's the first I've heard of the downgrade, and do you have a link to GS comments? $28 seems low.....are they basing that just on the acquisition or are there other concerns?
Rackspace has bought Cloudkick, a two-year old startup that offers management solutions for enterprise cloud computing applications.
Rackspace provides hosted services, ranging from email to cloud computing infrastructure, to more than 90,000 enterprise customers.
Its traditional competitors are other email hosting companies, but its move into cloud computing has brought it into sharper competition with the likes of Amazon, Google, and Microsoft.
Cloudkick was funded by Y Combinator, which is best known for funding consumer-focused startups like Reddit and Loopt. Cloudkick's customers are mostly technology companies, such as Vimeo and Mozilla.
Terms of the deal were not disclosed.
http://finance.yahoo.com/news/Rackspace-Buys-Cloudkick-A-Y-siliconalley-4257748781.html?x=0&.v=2
ISS
iSoftStone Holdings Limited Announces Pricing of Initial Public Offering of its American Depositary Shares
BEIJING--(BUSINESS WIRE)--iSoftStone Holdings Limited (“iSoftStone” or the “Company”), a leading China-based IT services provider, today announced that its initial public offering of 10,833,334 American depositary shares (“ADSs”) was priced at $13.00 per ADS. The Company is offering 7,322,223 ADSs and certain selling shareholders are offering 3,511,111 ADSs. Each ADS represents ten ordinary shares of the Company. The underwriters have been granted a 30-day option to purchase up to an additional 1,625,000 ADSs from the Company on the same terms and conditions, to cover over-allotments, if any. The ADSs are expected to begin trading on the New York Stock Exchange on December 14, 2010, under the ticker symbol “ISS”.
up 30+% early trading
DragonWave Horizon Products Selected for Xplornet 4G Network to Speed Canada's March to Full Broadband Connectivity
http://finance.yahoo.com/news/DragonWave-Horizon-Products-iw-3858705531.html?x=0&.v=1
Canada's rural population will keep in step with - and perhaps a little in front of - the rest of the country thanks to an aggressive 4G rollout timetable being implemented by Barrett Xplore Inc. The network will be powered by DragonWave Inc.'s (TSX:DWI - News)(NASDAQ:DRWI - News) Horizon Compact and Horizon Quantum wireless backhaul technology.
The two companies have signed a multimillion-dollar contract that will help Barrett Xplore - already rural Canada's leading broadband service provider - into a 4G broadband services offering, by delivering three to ten times the capacity of today's HSPA (High Speed Packet Access) service.
delete
"Ryan 439 Friday, December 10, 2010 6:26:54 PM
Post # of 7704 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57637456
Interesting post on YMB.. I haven't verified this, but they guy usually knows what he's talking about."
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_C/threadview?m=tm&bn=101061&tid=30443&mid=30443&tof=4&frt=2
And, like the old days, Mickey has put out the official "IDCC is a SCREAMING BUY" message. Love it..........
Bet you're happy with those 28's !
10-Dec-2010 Wedbush Reiterated Outperform
old target$16, new $19
http://www.briefing.com/GeneralContent/Active/Investor/TickerSearch/TickerSearchInvestor.aspx?TickerContentSearchRadio=on&SearchText=SMSI
".....and assuming modest PE's of 6 to 7.."
In your opinion, is it unrealistic to assume a PE of 10-12?
Thanks for your detailed analysis.
Wonderful post and a lot of work by you......thanks. On first blush I think your numbers are spot on, and I'll take a longer look in the morning. I agree a 12x PE is fair to use in projections.
"...If we apply that 7.44 PE to the $2.00 EPS estimate of 2011 (and we are just about in 2011) we get a stock price target of $14.88. If we get a PE expansion during 2011 to 12x, then the target price goes to $24 per share or 214% above the current price. Is a 12x PE a reasonable expectation?:
This guidance increase news was expected and they still admit it is conservative.
2011 looks to be set up for consistent growth..."We expect our core business to grow significantly next year...."
I have my full position here and will just wait and watch NEWN grow.
DANG YOKU Yeah, but I recall when Amazon was a "big sorry loser", "loss-making", etc etc.
“The combination of a high-growth sector in a high-growth geography with increasing affluence is the perfect storm in terms of potentially explosive profit growth,” said Michael Yoshikami, who oversees $1 billion at YCMNet Advisors in Walnut Creek, California. Chinese Internet IPOs “are going to continue to be the ones that investors chase,” he said.
http://www.bloomberg.com/news/2010-12-08/online-retailer-china-dangdang-raises-272-million-in-u-s-initial-offer.html
DANG and YOKU
http://www.bloomberg.com/news/2010-12-08/online-retailer-china-dangdang-raises-272-million-in-u-s-initial-offer.html
"The offerings were the first of five Chinese IPOs scheduled in the U.S. this week. The sales would bring the number of Chinese IPOs in New York to 39 this year, surpassing the 37 in 2007, data compiled by Bloomberg show. China, home to more than 400 million Internet users, may expand four times as fast as the U.S. next year, according to the International Monetary Fund."
A frothy start to these two, IMO, but I'd rather own them than some of the other small cap China names. Check back in a year on these two and I suspect their share prices will be way higher. At least, that's what I'm counting on........
Sure they are.......look again, down toward bottom of page.
Smith Micro Extends Visual Voicemail Product Portfolio with Voicemail-to-Text Service
http://finance.yahoo.com/news/Smith-Micro-Extends-Visual-bw-2373595242.html?x=0&.v=1
Combining Smith Micro’s heritage and expertise in mobile data services and its fast-growing communications technologies for mobile devices, the new solution enables carriers to enhance and monetize voicemail offerings, differentiate their services from competitors, and improve overall customer satisfaction. Fully interoperable with existing voicemail systems, the service combines Visual Voicemail and Voicemail-to-Text transcription to set the new standard in visual voicemail technology, providing carriers with an easy-to-deploy, fully integrated, revenue-generating application. In addition, Visual Voicemail with Voicemail-to-Text reduces carrier storage needs by off-loading messages to the user handset. It also eliminates the need for voice-channel calls to the voicemail system, reducing system load and voicemail infrastructure costs.
Smith Micro’s Visual Voicemail with Voicemail-to-Text delivers voice messages directly to users’ phones, in audio and / or text form, and stores them in a visual inbox. By leveraging the new service, there is no dialing or waiting for voicemails; users can simply press play to read the transcribed message in text form or playback the message audibly to listen to the message instantly. The Visual Voicemail with Voicemail-to-Text inbox works directly with the individual’s contact list and shows the name of who left the message, when it was left and whether they have replied. The service also enables consumers to compose new voice messages and send them without ever calling the recipient. Smith Micro’s Visual Voicemail with Voicemail-to-Text is commercially available today on a variety of Android devices.
Exactly, QPSA is not a one-hit or one-day wonder. I certainly like the uptrend in price and volume, but the hour by hour price tick and commentary don't concern me.
December 06, 2010
Smith Micro Expands Quicklink Mobile Connection Manager Technology With Support For LTE Networks And 4G Technology
QuickLink® Mobile’s Universal Connection Manager Technology Simplifies Navigation between 4G, 3G and WiFi Wireless Networks
ALISO VIEJO, CA – Smith Micro Software, Inc. (NASDAQ: SMSI), a leading developer and marketer of software solutions and services for the mobility market, today announced availability of the Long Term Evolution (LTE) version of its powerful connection management solution. In doing so, Smith Micro fortifies its 4G market proposition, strengthening its product line and allowing the company to bring new solutions to market faster, while staying on the leading edge of mobile solutions.
Smith Micro expanded its QuickLink Mobile connection manager to integrate LTE technology, enabling wireless carriers and original equipment manufacturers to leverage the most sophisticated technology available for connecting virtually any device to a wired or wireless network.
“We are witnessing the rapid deployment of LTE technology worldwide, signaling the 4G network evolution is upon us. This validates our expertise in, and support of, 4G, which began with the development of HSPA+ and WiMAX solutions and is now enhanced with the integration of LTE,” said William W. Smith, Jr., President and CEO at Smith Micro. “Our industry leading technology and our ability to integrate an LTE solution once again places QuickLink Mobile technology on the leading edge of the market, delivering valuable security and network connectivity applications to our various carrier customers.”
By 2012, industry analysts estimate that 50 million customer devices will have embedded wireless capabilities using LTE technology to support videoconferencing, interactive TV and other high-resolution, real-time applications. Leveraging the higher data throughput speeds and lower latency of LTE technology, Smith Micro’s new mobile platform improves speed-to-market and delivers new services and applications more quickly to existing customers, enabling them to stay competitive in a rapidly evolving mobile market, while also offering new avenues for revenue streams.
QuickLink Mobile offers the most complete, full-featured software solution for combining data services into a single intuitive and easy-to-support application. Smith Micro’s connection manager minimizes the complexity of navigating between different wireless networks, including WiFi, 3G and 4G, while delivering automated connection capabilities that ensure end users can quickly and easily connect to the fastest, most cost-effective network available.
http://www.smithmicro.com/about/news/smith-micro-expands-quicklink-mobile-connection-manager-technology-with-support-for-lte-networks-and-4g-technology.aspx
Much better........Thank you!