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TiVo to Present at the Kaufman Bros. 11th Annual Investor Conference
ALVISO, Calif., Aug. 28 /PRNewswire-FirstCall/ -- TiVo Inc. (Nasdaq: TIVO - News), the creator of and a leader in television services for digital video recorders (DVRs), today announced that it will present at the Kaufman Bros. 11th Annual Investor Conference on September 3rd. The webcast of the presentation will be available on the Investor Relations section of the TiVo website at http://investor.tivo.com under the events calendar tab.
Conference Details:
Kaufman Bros. 11th Annual Investor Conference
New York, NY
Wednesday, September 3, 2008
1:00 PM ET
Tom Rogers, CEO and President
About TiVo Inc.
Founded in 1997, TiVo (Nasdaq: TIVO - News) pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers and our website, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass(TM) recordings and WishList® searches and TiVo KidZone, have elevated its popularity among consumers and have created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo(TM) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way. ®" The TiVo® service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience research measurement.
TiVo, 'TiVo, TV your way.', Season Pass, WishList, TiVoToGo, Stop||Watch, Power||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. © 2008 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
Anything that takes Micro$loth~
Down a notch or two is FINE with me~~~lol
That downgrade really hurt us today!
After the big gap down after the last earnings report, it consolidated for way too long to make me truly believe it would try to head up to fill the gap. Today's downgrade was the last nail in the coffin IMO.
It looks like it will close below my stop loss exit price of 22.32 today, so I'm bailing out with a small loss right now. My hopes this one will head back North again anytime soon are dashed upon the rocks~~~
The Bollinger Bands pinched together real tight at the end of this consolidation, which means a big move one way or the other is imminent. And it looks like it has decided today which way that move will be.
.....Smoke 'em!.....
Google offers free Web browser to challenge Microsoft
Crayton Harrison, Bloomberg Published: Tuesday, September 02, 2008
Google Inc., owner of the most popular Internet search engine, plans to introduce a Web browser Tuesday to challenge Microsoft Corp.'s decade-long dominance of the market.
The program, known as Chrome, will isolate flawed Web pages so users can close them without shutting down the entire browser, and will make it easier to run other applications without downloading them to a computer, Google (GOOG/Nasdaq) said.
The software opens a new front in Google's fight with Microsoft, whose Internet Explorer controls more than 70% of the browser market. Google is trying to parlay its success over Microsoft in online searches into an effort to court users who want e-mail, calendars and word processing through a browser instead of products such as Microsoft's Word and Excel.
"They're protecting the flank to make sure Microsoft can't encroach on search," said Roger Kay, president of research firm Endpoint Technologies Associates in Wayland, Mass. "This is another branding opportunity for them."
Google climbed the most in more than four months in Nasdaq Stock Market trading. The stock added US$16.41 to US$479.70 at 9:42 a.m. and earlier rose as much as 4.1%, the most since April. The shares had declined 33% this year before today. Microsoft rose 41 cents, or 1.5%, to US$27.70.
A test version of Chrome will be available for download in more than 100 countries, Mountain View, Calif.-based Google said Monday in a blog post.
The market for Web-based software may reach US$160-billion by 2011, including revenue from advertising, Merrill Lynch & Co. said in a May report.
"We realized that the Web had evolved from mainly simple text pages to rich, interactive applications and that we needed to completely rethink the browser," Sundar Pichai, vice-president of product management, and Linus Upson, engineering director, said in the blog post.
Google began offering an online mail program in 2004, following with calendars, word processing, spreadsheets and presentation software. For Chrome, Google developed its own version of a programming engine designed to support applications that aren't possible with other browsers, the blog post said.
Representatives for Microsoft didn't immediately return phone messages today.
Microsoft's Internet Explorer has about 72% of the Web browsing market, followed by Mozilla Corp.'s Firefox with 20% and Apple Inc.'s Safari with 6.4%, according to research firm Net Applications of Aliso Viejo, Calif.
Microsoft, the world's biggest software maker, has led the browser market since 1999, when it passed Netscape Communications Corp.'s Navigator. Microsoft had about 95% of the market in 2004, when it began losing share to Firefox.
Google fielded 62% of U.S. Internet searches in July, about twice as many as Microsoft and Yahoo! Inc. combined, according to researcher ComScore Inc.
Microsoft, based in Redmond, Wash., released a new version of Internet Explorer last week for testing. The software lets users control whether it saves the sites they've visited.
Mozilla, also based in Mountain View, said last week it extended an agreement through 2011 to keep Google as its default search engine. The company is owned by the non-profit Mozilla Foundation.
Like Firefox, Google plans to release Chrome as open-source software, meaning programmers can edit the code and add their own features.
Google jumped US$14.66, or 3%, to US$477.95 in morning trading on Nasdaq Stock Market.
Bloomberg.com
The Google "Chrome" Browser Debuts Today:
http://googleblog.blogspot.com/2008/09/fresh-take-on-browser.html
At Google, we have a saying: “launch early and iterate.” While this approach is usually limited to our engineers, it apparently applies to our mailroom as well! As you may have read in the blogosphere, we hit "send" a bit early on a comic book introducing our new open source browser, Google Chrome. As we believe in access to information for everyone, we've now made the comic publicly available -- you can find it here. We will be launching the beta version of Google Chrome tomorrow in more than 100 countries.
So why are we launching Google Chrome? Because we believe we can add value for users and, at the same time, help drive innovation on the web.
All of us at Google spend much of our time working inside a browser. We search, chat, email and collaborate in a browser. And in our spare time, we shop, bank, read news and keep in touch with friends -- all using a browser. Because we spend so much time online, we began seriously thinking about what kind of browser could exist if we started from scratch and built on the best elements out there. We realized that the web had evolved from mainly simple text pages to rich, interactive applications and that we needed to completely rethink the browser. What we really needed was not just a browser, but also a modern platform for web pages and applications, and that's what we set out to build.
On the surface, we designed a browser window that is streamlined and simple. To most people, it isn't the browser that matters. It's only a tool to run the important stuff -- the pages, sites and applications that make up the web. Like the classic Google homepage, Google Chrome is clean and fast. It gets out of your way and gets you where you want to go.
Under the hood, we were able to build the foundation of a browser that runs today's complex web applications much better. By keeping each tab in an isolated "sandbox", we were able to prevent one tab from crashing another and provide improved protection from rogue sites. We improved speed and responsiveness across the board. We also built a more powerful JavaScript engine, V8, to power the next generation of web applications that aren't even possible in today's browsers.
This is just the beginning -- Google Chrome is far from done. We're releasing this beta for Windows to start the broader discussion and hear from you as quickly as possible. We're hard at work building versions for Mac and Linux too, and will continue to make it even faster and more robust.
We owe a great debt to many open source projects, and we're committed to continuing on their path. We've used components from Apple's WebKit and Mozilla's Firefox, among others -- and in that spirit, we are making all of our code open source as well. We hope to collaborate with the entire community to help drive the web forward.
The web gets better with more options and innovation. Google Chrome is another option, and we hope it contributes to making the web even better.
So check in again tomorrow to try Google Chrome for yourself. We'll post an update here as soon as it's ready.
Update @ 3:30 PM: We've added a link to our comic book explaining Google Chrome.
Posted by Sundar Pichai, VP Product Management, and Linus Upson, Engineering Director
.....Smoke 'em!.....
It looks better already John,
Try this code to increase the font size in the I-Box:
Put this before the first character <font size="4">
Put this after the last character </font>
You can change the number "4" up or down to increase or decrease the font size. I hope this works.
.....Smoke 'em!.....
Thanks John,
Can you do us a favor and bold the text in I-Box? Maybe you could increase the font size too. Even with my reading glasses on, it's difficult to see.
Thanks in Advance,
zz
I'll pick New England~
To WIN at home against the K.C. Chiefs.
.....Smoke 'em!.....
Parsing TiVo's Latest Conference Call:
by: Dave Zatz posted on: August 29, 2008
http://seekingalpha.com/article/93215-parsing-tivo-s-latest-conference-call?source=yahoo
TiVo (TIVO) held its quarterly call Wednesday and, while I don’t pretend to be a financial analyst, I’ll share my uninformed observations.
As TiVo sometimes does, the Investor Relations group began their earnings day by releasing a bit of fluff news to the press - I don’t know if this is designed to distract the market to soften the blow, juice the stock price, or what. Regardless, I didn’t bite.
The quarterly results seem generally positive… TiVo was guided to just their third profitable quarter (!), though this is largely due to a continued reduction in marketing expenditures - perhaps accounting for the net loss in subscribers. While the majority of these folks retired from the obsolete DirecTiVo platform, stand-alone TiVo unit subscriptions were also in decline. (Fully amortized Lifetimed units also push the subscriber number down, but they didn’t volunteer exactly how many that is.) However, TiVo has no debt, plenty of cash on hand, and I get the sense they feel like they’ll be coming into even more related to EchoStar’s patent infringement. Going forward, TiVo expects to pick up additional customers via newer channels consisting of the MSO dealios (Comcast (CMCSA), Cox) and their Australian offering.
Related to the tech itself, I didn’t come across many interesting nuggets. It’s expected that Cox will begin offering their custom TiVo solution this fall in New England. Related, Comcast is expected to increase both their marketing and market presence beyond New England beginning next month. Specific regions weren’t disclosed, but I heard something somewhere a long while ago that Denver was to be one of the initial sites. We shall see.
In regards to a Series4 Tru2way TiVo unit, it doesn’t look we’ll be seeing anything soon. Surely not in 2008. According to CEO Tom Rogers:
The retail Tru2way issue, we have agreed with the cable industry that we would look to provide a OCAP or Tru2way retail device. It is something that we would like to do, meaning something that a consumer could go into any retailer and purchase and plug it into any cable system anywhere in the country and it would just work. There are a number of CEs that are focused on Tru2way devices. Our view is that that whole regime is going to take more time to be clarified and to get the ability for players such as ourselves to build on a national uniform homogeneous basis. We are not alone among the consumer electronics players seeing that that is going to be a slower process than the cable industry may have liked, and certainly issues that we see along the way we bring to CableLabs’ attention, although there isn’t any one at this point that I would necessarily say conflicts with our objectives.
I can’t say I’m surprised with TiVo’s conservative approach given recent industry reports. I’m not even sure this needs to be a priority. However, an interim solution of a TiVo HD with integrated SDV tuning adapter would go a long way towards maximizing TiVo compatibility within the shifting cable landscape. In other cable marketplace news, TiVo doesn’t seem overly concerned with Cablevision’s network DVR. According to Rogers, “a lot of legal issues that still need to be resolved on that front” and there’s an “inadequate capacity at this point for broad scale deployment of a network DVR solution.”
.....Smoke 'em!.....
Trina Solar Holds Annual General Meeting of Shareholders
Friday August 29, 7:01 am ET
http://biz.yahoo.com/prnews/080829/cnf022.html?.v=21
CHANGZHOU, China, Aug. 29 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL; "Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced that it held its 2008 Annual General Meeting of Shareholders on August 29, 2008. Each of the proposals submitted for shareholder approval was approved.
Specifically, the shareholders approved:
Proposal No. 1 -- Re-election of Mr. Junfeng Li as a director of the
Company;
Proposal No. 2 -- Re-election of Mr. Liping Qiu as a director of the
Company;
Proposal No. 3 -- Election of Mr. Sean Hsiyuan Tzou as a director of the
Company due to the retirement of Mr. Jianwei Shi;
Proposal No. 4 -- Amendment to the number of authorized shares for grant
under the Company's Share Incentive Plan from
102,718,350 ordinary shares to 202,718,350 ordinary
shares; and
Proposal No. 5 -- Appointment of the Independent Auditor Deloitte Touche
Tohmatsu for the fiscal year 2008.
About Trina Solar Limited
Trina Solar Limited (NYSE: TSL - News) is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com .
For more information, please contact:
Trina Solar Limited
Terry Wang, CFO
Tel: +86-519-8548-2008 (Changzhou)
Thomas Young, Director of Investor Relations
Tel: +86-519-8548-2008 (Changzhou)
Email: ir@trinasolar.com
CCG Asia Investor Relations
Crocker Coulson, President
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Ed Job, CFA
Tel: +1-646-213-1914
Email: ed.job@ccgir.com
Source: Trina Solar Limited
.....Smoke 'em!.....
KFC to Pour CNY90mn-plus into Henan in 08
ZHENGZHOU, Aug 28, 2008 (SinoCast via COMTEX) -- US-based fast food giant
Kentucky Fried Chicken (KFC) is about to pour more than CNY 90 million into the
central Chinese province of Henan in 2008, said an executive for Yum! Brands,
Inc. (NYSE: YUM) China Division, on August 25, 2008.
KFC plans to invest as much as CNY 50 million to open 10 restaurants in cities
and counties like Zhengzhou, Luoyang, Xinyang, Jiyuan and Gushi, in a bid to
build up a full coverage in the central province, according to the executive,
adding that the fast food restaurant operator spent over CNY 100 million
procuring agricultural products in the province in 2007.
Yum! Brands, Inc., parent company of KFC, has opened more than 2,100 KFCs, 360
Pizza Huts as well as 60 Pizza Hut Home Service delivery Outlets in Mainland
China with over 160,000 employees.
The New York-listed quick service restaurant operator runs over 35,000 units in
more than 100 countries and territories.
From www.cnstock.com, Page 1, Wednesday, August 27, 2008
info@SinoCast.Com
Copyright (C) 2008 SinoCast, All rights reserved
Great! I'll take it~
My account would show 6 TRILLION DOLLARS If the ask was $2000.00
C'mon Someone, WHACK THAT ASK!~~~LOL
.....Smoke 'em!.....
TiVo makes profit but sees loss
Wed Aug 27, 2008 7:28pm EDT
http://www.reuters.com/article/marketsNews/idINN2749153420080827?rpc=44&sp=true
LOS ANGELES, Aug 27 (Reuters) - Digital video recorder maker TiVo Inc (TIVO) forecast a wider-than-expected third-quarter loss, citing legal costs, and shares fell more than 3 percent, erasing most of the day's gains.
The company, which helped revolutionize the way many people watch TV, said on Wednesday net income for the quarter ended July 31 was $2.9 million, or 3 cents per share, compared with a loss of $17.7 million, or 18 cents per share, in the second quarter a year earlier.
Adjusted earnings of 2 cents a share beat analysts' average estimate of a loss of 2 cents a share, according to Reuters Estimates.
Revenues rose to $65.2 million from $62.7 million.
For the third quarter, TiVo anticipates service and technology revenues in the range of $49 million to $51 million, as well as a net loss in the range of $7 million to $9 million. Wall Street on average expected a loss of $4.2 million.
Tom Rogers, president and CEO of TiVo, said the anticipated loss was due to seasonal increases in expenditure for inventory and marketing costs, in advance of the holiday shopping season.
Spokesman Derek Newman said additional legal costs in TiVo's patent suit against satellite TV operator EchoStar (DISH) also would drive the loss.
Mark Harding, an analyst with Maxim Group, said TiVo's anticipated loss in the third quarter is not as bad as the company's share price loss on Wednesday reflected.
"It's not good but I think at this point management is being somewhat conservative on the guidance," Harding said. "They have been conservative in the past."
He said the upcoming court battle between TiVo and Echostar is more significant than the anticipated third-quarter loss, because the court case could "push Echostar into a licensing agreement with TiVo".
The company also announced on Wednesday a partnership with Entertainment Weekly that will allow TiVo subscribers to automatically record the magazine's "What to Watch" TV recommendations.
Shares fell 27 cents, or 3.4 percent, to $7.69 in after-hours trading. The stock had gained 43 cents, or 5.7 percent, to close at $7.96 in regular Nasdaq trade. (Reporting by Alex Dobuzinskis, Gary Hill)
© Thomson Reuters 2008 All rights reserved
.....Smoke 'em!.....
TiVo shows another profit, but outlook weak:
Wednesday August 27, 7:16 pm ET
By Anick Jesdanun, AP Internet Writer
http://biz.yahoo.com/ap/080827/earns_tivo.html?.v=8
TiVo posts profit for only third time in 2Q on reduced costs, but outlook soft.
NEW YORK (AP) -- TiVo Inc. posted a quarterly profit for only the third time in its 11-year history Wednesday as the pioneer in digital video recorders continued to improve hardware margins and shift marketing costs to partners.
But TiVo shares fell in extended trading after the company said its revenue in the current quarter will fall short of analysts' expectations.
The Alviso, Calif.-based company reported $2.9 million in net income, or 3 cents per share, in the fiscal second quarter ended July 31, giving it back-to-back quarters of profits for the first time ever.
TiVo had posted a loss of $17.7 million, or 18 cents a share, in the same period last year, and analysts surveyed by Thomson Reuters had expected a loss of 2 cents per share in the past quarter.
The company said its revenue for services and technology will be at $49 million to $51 million in the current quarter. Analysts surveyed by Thomson Reuters had expected $57 million, close to the $58 million posted in the third quarter of 2007. TiVo also said it expected a net loss in the range of $7 million to $9 million in this quarter.
Shares in TiVo dropped 23 cents, or 2.9 percent, to $7.73 in extended trading. Before the earnings report the stock had risen 5.7 percent to close at $7.96.
During a conference call, interim Chief Financial Officer Cal Hoagland said TiVo will face increased expenses in the current quarter, including holiday-related marketing and costs related to an ongoing patent battle with Dish Network Corp. A Sept. 4 court date has been set as TiVo seeks to collect on the $94 million it has been awarded in damages.
Analyst Mark Harding of the Maxim Group said TiVo management typically "has guided below expectation and then decidedly exceeded" it when posting actual results. He said TiVo's finances look positive, though questions remain on how much marketing TiVo should be expected to do in the holiday season given its pledge to reduce those costs.
In the just-concluded period, TiVo's revenue rose 4 percent to $65.2 million, including $53.5 million in services and technology. The breakout for services and technology, which excludes hardware sales, was below the nearly $55.4 million analysts were expecting and short of the $56.5 million in the same period last year.
TiVo's subscriber base has been dropping because of increased competition from generic recorders from cable and satellite operators and a loss of a key distribution deal with satellite TV provider DirecTV Group Inc.
The company has been focusing on reducing subscriber acquisition costs to offset the revenue decrease. That includes reducing subsidies on TiVo boxes, particularly with high-definition recorders, thereby generating higher margins on hardware, whose sales increased 88 percent during the quarter.
Average subscriber acquisition cost was $135 in the quarter, slightly up from $116 in the previous period and significantly lower than the $758 in the year-ago period. TiVo said it now has 3.6 million subscribers, compared with 4.2 million a year ago.
In an interview, TiVo Chief Executive Tom Rogers said the slight quarter-to-quarter increase resulted from seasonal variations, including heavier marketing for Mother's Day, Father's Day and graduation.
TiVo said distribution partner Comcast Corp. has expanded a TiVo package to Connecticut, beyond an initial deployment in Massachusetts and New Hampshire. Rogers said full marketing should begin this year, allowing TiVo to boost subscribers while Comcast bears much of the marketing expenses.
Deployment by another cable partner, Cox Communications Inc., should also begin by year's end, while Seven Media Group has introduced TiVo to the Australian market.
"Over time, the subscriber growth will be much more a function of cable and international distribution deals," Rogers said. "We've had a real focus on trying to drive our subscriber acquisition cost numbers down. A lot of that is being able to develop better opportunities for third parties to market us."
For the six months ended July 31, TiVo had $126 million in revenue, up 2 percent from the same period last year. It posted $6.6 million in net income, or 6 cents per share, compared with a loss of $17 million, or 17 cents per share, in the year-ago period.
Is this where we talk about TA?
I'm a 'chartaholic' thru and thru. I LOVE reading charts. Been doing it for fifteen years. I was a Day Trader for many years and that's how I learned to read charts with many technical indicators. You can't Day Trade without good charts.
I combine TA and Fundamental analysis in my Swing Trading strategy. These days, you have to pay attention to the price of crude oil since it has such a big impact on the movements of the DJIA and S&P 500.
One of my favorite BUY signals is the 15MA/50MA crossover known as the 'Silver Cross'. Look at the two charts below to see that the DJIA and one of my favorite stocks (TSL) have both done a 'Silver Cross'. I find that interesting, because the market usually bottoms in October. It's been a strange year to say the least though. Could we really be at "THE" Bottom already. I hope so. I'm getting tired of Shorting!~lol
What a great looking I-Box !
You're putting together Market_Technician.
I've added your board to my Favorites because you've got a great collection of charts that I use to keep informed about the markets.
Will this board be only for discussing "Futures" or about other things too? Do your charts update automatically throughout the day?
Keep up the good work, and good luck.
.....Smoke 'em!.....
The DJIA 15MA/50MA Just Did A "Silver Cross"
I usually BUY when a Silver Cross happens, but I don't like the chart pattern that has formed since the bottom in mid-July, and the Fundamentals of the market are still not bullish. I'm wondering if the 15MA will cross back down through the 50MA again? It looks like it might if it takes another downturn again soon~~~
.....Smoke 'em!.....
The 'Silver Cross on TSL is HAPPENING!
Here's why TSL went UP today~~~
Trina Solar increases polysilicon buy
Monday August 25, 10:21 am ET
Chinese solar power company Trina Solar increases polysilicon purchases
SIOUX FALLS, S.D. (AP) -- Chinese solar power company Trina Solar Ltd. said Monday that a subsidiary has signed an agreement to buy more polysilicon for solar modules.
Trina said its subsidiary Changzhou Trina Solar Energy Co. Ltd. signed a supplemental agreement to a long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology Holdings Inc.
Rapid growth in the solar industry is prompting companies to scramble to lock in long-term supplies of polysilicon, a component of solar panels that acts as a conductor of electricity.
Combined with the original supply agreement, announced in April, GCL will supply Trina with virgin polysilicon and wafers that can produce about 4,825 megawatts of solar modules over eight years. The polysilicon delivery at predetermined prices started in April.
Trina shares rose $1.68, or 5 percent, to $34.83 in morning trading.
http://biz.yahoo.com/ap/080825/trina_solar_polysilicon.html?.v=1
The Overall Market CRASHES Today~
And TSL goes UP 2.38% LOL!
Yep, this one looks more and more like a WINNER!
The 15/50MA crossover I mentioned in a previous post should occur this week.
.....Smoke 'em!.....
I saw that 1 Million share trade~
Go by at the .0006 ASK for a change.
We're up 20% today! Weeeeeeeeeeeeee! LOL!
Whether or not someone "knows something" beats the heck out of me. I haven't seen any NEW NEWS.
I saw that 1 Million share trade`
Go by at the .0006 ASK for a change.
We're up 20% today! Weeeeeeeeeeeeee! LOL!
Whether or not someone "knows something" beats the heck out of me. I haven't seen any NEW NEWS.
EMC is breaking UP~
Through a long standing level of resistance at $15.50
BUT the volume should be increasing, not decreasing as it does this to be convincing.
.....Smoke 'em!.....
McDonald's Still Growing Fast, But Global Economy A Concern
Thursday August 21, 7:05 pm ET
By: Brad Kelly
http://biz.yahoo.com/ibd/080821/general.html?.v=1
Ever since the credit crunch hit a year ago, the domestic economy has struggled to stay afloat.
Investors have taken shelter in multinational companies such as McDonald's (NYSE:MCD - News), which benefits from strong overseas growth and the weak dollar. But that trend may be reversing.
The golden arches are arguably the most recognized icon in the world, with 30,000 locations in 110 countries. Such widespread geographic exposure can reduce risk, as strength in certain areas can help offset weakness in others.
Foreign Reversal
But analysts fear that a sharp downturn in Europe and Asia, Mickey D's top foreign markets, combined with a recovery in the dollar will hurt the burger giant's bottom line.
"McDonald's global footprint has helped offset the economic slump in the U.S.," said Steve West, an analyst at Stifel Nicolaus. "But weakening global markets, an improving dollar and rising commodity costs will hamper McDonald's growth going forward."
The world's largest hamburger chain has enjoyed 20% or more earnings growth in six out of the last seven quarters, including the most recent April-June period.
Earnings rose 32% to 94 cents a share ex items, beating views by 8 cents. Sales rose 4% to $6.08 billion. Currency exchange added about 7 cents to the bottom line.
"The exchange rate will continue to benefit McDonald's for the remainder of the year, but by 2009 there will be no positive currency effect as the dollar continues to improve," West said.
Meat Prices Jump
Most fast-food chains, including Yum Brands (NYSE:YUM - News), have blamed rising commodity costs for taking a bite out of profits.
McDonald's has warned that it expects beef and chicken costs to rise substantially in the U.S. and Europe through the rest of this year. It sees beef costs up 8% to 9% and chicken costs rising 5% to 8%.
The company says it will use its size to get lower prices when buying commodities, but it is also testing several options that may change its popular dollar menu.
"The way the dollar menu looks today won't be the way it's going to look next year," COO Ralph Alvarez said on a post-earnings conference call. "In this current environment, we've got to make sure we're pricing smart, not just pricing low."
Sharp food-cost spikes may have an impact on profit despite McDonald's heavy franchise business model, says Lawrence Miller, an analyst at RBC Capital Markets.
"McDonald's will raise prices even on its value menu, which will cause a little pain in the near term," he said.
But that would still leave average prices at the golden arches well below those at a casual, sit-down restaurant.
During tough economic times, cash-strapped consumers trade down from restaurants that charge $10 to $15 for an entree to a cheaper option.
"McDonald's held up very well, despite current conditions," Miller said. "The big risk to fast-food chains is if unemployment soars to, say, 7%, because with no jobs, no one is eating out, not even at McDonald's."
Soaring costs and the greenback's rebound are not the only factors that will put the brakes on Mickey D's torrid growth.
Foreign markets have provided significant growth for the fast-food king. Europe is the company's biggest market after the U.S., and China is growing rapidly.
However, Europe and Japan are teetering on recession, and China's red-hot economy is cooling.
Yet McDonald's served up strong July sales, proving it can still weather the storm at home and abroad.
Global sales soared 15.9% vs. a year earlier -- or 9.5% excluding the impact of the weak dollar. U.S. sales at stores open at least 13 months rose a surprisingly robust 6.7%. Comps leapt 7.6% in Europe and 7.2% in Asia-Pacific, the Middle East and Africa. Latin American comps enjoyed double-digit gains.
Management says new breakfast items, espresso-based coffee drinks, extended hours and the Dollar Menu are having positive effects on sales.
"Head winds are picking up," West said. "But as consumers tighten their purse strings, they'll choose to eat at more affordable restaurants for some relief from rising energy and food costs, and that will bode well for McDonald's."
.....Smoke 'em!.....
This one has decent Fundamentals:
(scroll down)
Too bad they don't offer a dividend.
.....Smoke 'em!.....
Ten Thriving Colorado Stocks
by: Stockerblog posted on: August 24, 2008
http://seekingalpha.com/article/92286-ten-thriving-colorado-stocks?source=yahoo
Colorado is a state of thriving companies. The state’s industries are many and varied; from aerospace & satellite, to agriculture, bioscience, mining and natural resources, financial services, manufacturing and telecommunication. Some great key facts to know about Colorado are:
1. There are over 100 companies in the aerospace industry in Colorado.
2. The aerospace and satellite industry provide the state with around 130,000 jobs.
3. The agricultural industry generates over 105,000 jobs in the state.
4. Colorado’s top ranch and commodity products are cattle and diary products.
5. There are 380 bioscience companies in the state, employing over 16,000 people.
6. Colorado’s nanotechnology industry is sixth in the country with 75 companies in 20 cities around the state.
7. Colorado ranks eleventh in the country for oil production.
8. Legislation passed requires that Colorado produce 10% of its energy from renewable sources by the year 2015.
9. The state is eleventh in the country in the production of wind power.
10. It is the second most educated state in the country with 35.5% of the population holding a bachelor’s degree.
The following are 10 companies headquartered in the State of Colorado with market caps over $1 billion.
* Western Union Co. (WU) facilitates money transfers worldwide and other services. The stock has a P/E of 22.68 and a PEG of 1.47. It pays a yield of 0.10%.
* Newmont Mining Co. (NEM) is engaged in the production of gold. The company owns many properties around the world. The stock has a P/E of 25.26 and a PEG of 1.27. It pays a yield of 0.90%.
* Dish Network Corporation (DISH) delivers satellite television to customers throughout the United States. The stock has a P/E of 14.12, a PEG of 1.43.
* Liberty Entertainment Corp. (LMDIA) has as Its main subsidiary DiecTV. The company is engaged in the delivery of satellite television. The stock has a P/E of 2.41 and a PEG of 0.38.
* Prologis (PLD) is a real estate investment trust. The company operates in North America, Europe and Asia. The stock has a P/E of 16.29, a PEG of 2.17, and it pays a yield of 4.20%.
* Liberty Global Inc. (LBTYA) the company engages in high speed internet, voice and video services. The stock has a P/E of 250.27 and a PEG of 10.44.
* Molson Coors Co. (TAP) makes and sells beers, and other beverages. The stock has a P/E of 21.4 and a PEG of 1.37. It pays a yield of 1.60%.
* Liberty Media Interactive (LINTA) makes and markets different consumer products. The stock has a P/E of 16, and a PEG of 1.31.
* Quest Communication International Inc. (Q) operating three different segments provides voice, data and Internet services in America. The stock has a P/E of 2.62, a PEG of 2.94, and it pays a yield of 8.40%.
* Discovery Holding (DISCA) supplies network services to industries around the world. The stock has a PEG of 3.06.
That's a great article Mr. Hand~
Solar is a sector I'm starting to like more and more.
A 'Silver Cross' on TSL is VERY Close~
One of my favorite longer term plays going Long happens when the 15 Day Moving Average (DMA) crosses up through the 50DMA. That's called a 'Silver Cross' and is usually a VERY bullish entry signal for a Long Term Swing Trade or to Hold. (A 'Golden Cross' is when the 50DMA crosses up through the 200DMA and is even more powerful). When I enter on a 'Silver Cross', as long as the PPS stays above the 15DMA and the middle Bollinger Band on a closing basis, I will stay in the trade.
As far as trading this one shorter term, it's a bit on the scary side since it can move $2-$3-$4.00 in a single session (usually down). I've read the most recent news on this stock, and most of it is positive. I'm not sure if this one moves against the price of oil or not.
Short term I see a possible pullback as it's very overbought, and Friday's candlestick is a potential reversal signal. Add to that the volume is diminishing, and some of the indicators have flattened out.
Overall, when you add up all of the Technical Indicators on this daily chart, there is much more reason to be bullish than bearish. I see a golden opportunity to enter on a 'Silver Cross' and see how this stock ends up a few months from now. It's in a good sector that will be more positive in the future if the price of oil continues to be at these levels or goes higher. In years to come, solar power is going to gain a lot of ground in my opinion.
On a final note, I see that it is about to take out the $34.14 resistance level. The next real resistance level I see is at $42.22 and if the 'Silver Cross' happens (which looks to be almost certain), this one could really take off to the upside in the near future.
I will buy some if it pulls back to near $30. and then recovers in the short term knowing the 'Silver Cross' is almost certain. I watch how the 5DMA crosses up or down through the 15DMA for shorter term looks at strength/weakness. The PPS hasn't been above the 50DMA in quite a while, which is a sign of strength.
The weekly chart is mostly bullish. If the PPS can break up above the middle Bollinger Band, there will be little resistance up to the upper Bollinger Band that sits at $51.26 The MACD looks really good and is about to give two buy signals if the rally continues, but CMF Money Flow is the weak link here. Otherwise, the weekly chart is more bullish than bearish. The first level of resistance I see is just below $40.00 and the next is around $51.00
.....Smoke 'em!.....
EMC Unveils Solution Designed to Help Financial Institutions and Creditors Comply With FACTA Red Flags Rules and Prevent Identity Theft Consulting Services Combined with Identity Protection and Verification Technologies from RSA to Help Businesses Successfully Meet Looming Compliance Deadline
HOPKINTON, Mass., Aug 21, 2008 /PRNewswire via COMTEX/ -- EMC Corporation
(NYSE: EMC), the world leader in information infrastructure solutions, today
announced a new solution designed to help financial institutions and creditors
in the United States develop and implement an identity theft prevention program
in compliance with the FACTA Identity Theft Red Flags guidelines Section 114 and
related regulations. Composed of professional services from EMC Consulting and
information-centric security technologies from RSA, The Security Division of
EMC, the FACTA Red Flags solution will help financial institutions and creditors
meet the November 1, 2008 deadline set by federal bank regulatory agencies to
implement a program. The FACTA Red Flags solution from EMC is designed to help
organizations build additional customer trust and loyalty, and protect and
mitigate risk to information throughout its lifecycle.
"Financial institutions or creditors that are subject to new and changing
regulations should view Red Flags detection as a means to an end of achieving
overall enhanced information security and IT security governance," said Ken
Herbert, Vice President, Global Financial Services Group, Frost & Sullivan. "A
holistic view of information security and Red Flag detection helps align IT
investment with business objectives -- securing customer data, transactions, and
identities -- and improve customer confidence."
About FACTA Red Flags
-- Background: On November 9, 2007, the Federal Trade Commission (FTC) and five
Federal financial regulatory agencies published a series of final rules and
guidelines entitled "Identity Theft Red Flags and Address Discrepancies Under
the Fair and Accurate Credit Transactions Act (FACTA) of 2003." Red Flags are
relevant indicators of a possible risk of identity theft and Section 114 of
FACTA specifically explains rules about the development and implementation of a
written identity theft prevention program. The provision recommends that both
financial institutions and creditors in the United States assess the likelihood
that their customers' accounts are prone to identity theft, and mandates that
they then implement a program to identify, detect and respond to its indicators.
-- Prevention & Mitigation: The regulators explicitly state that, in order to
prevent and mitigate identity theft, a compliance program must include policies
and procedures that address the risk of identity theft in a manner commensurate
with the degree of risk posed. It also states that organizations should respond
to Red Flags according to the level of risk by taking into account a variety of
"aggravating factors," which include data security incidents, suspicious
activity, and reports of fraudulent use.
-- Examination Procedures: On August 11, 2008, the Office of Thrift Supervision
(OTS) issued Red Flags Industry Guidance and Compliance Procedures to those
organizations working to meet the November 1, 2008 deadline under the FACTA
regulations. OTS has added FACTA compliance to its examination procedures for
regulated entities to determine deficiencies in an organization's ability to
comply with Red Flags, reviews of audit reports, and verification of a
comprehensive, written Red Flags program and a staff trained to implement it.
The EMC FACTA Red Flags Solution
EMC Global Services has created an accelerated process designed to help
businesses meet the deadline to comply with FACTA Red Flags guidelines. This new
program includes:
-- Risk Assessment: Determines how FACTA impacts an organization from a
regulatory view and identifies what parts of the organization have the greatest
exposure to identity theft;
-- FACTA Policies and Procedures: Brings existing fraud, privacy and customer
identification procedures together and models changes to account opening
processes, authentication checking, transaction monitoring and the reporting of
discrepancies back to the consumer reporting agencies;
-- Roadmap and Requirements: Helps identify and socialize the needs of the
business using a 'current state to future state' roadmap and detailed business
requirement documentation;
-- Technology Design and Deployment of Red Flags Detection Software: Automates
the business requirements across multiple customer channels;
-- Identity Theft Prevention Reporting: Includes metrics that measure the
effectiveness of an organization's mitigation program and provides summary
reports to the customer's management team and Board of Directors;
-- Integration: Utilizes third-party customer reporting agency data within
existing front- and back-office systems to prevent and detect identity theft;
-- Program Management Office: Helps clients establish and maintain a management
office for the FACTA program; and
-- Quality Assurance: Provides evidence that FACTA business requirements and
controls are implemented and performing effectively
"While most companies have some form of fraud prevention or data security in
place, the FACTA Red Flags guidelines require financial institutions and
creditors in the United States to do more by making senior management
accountable to its Board of Directors for implementing measures that prevent,
detect and respond to identity theft events occurring within their
organization," said Denis Mayer, Solutions Partner, Enterprise Compliance and
Risk Management Practice, EMC Consulting. "EMC's full spectrum of consulting and
product offerings for FACTA compliance provides organizations and senior
management with whatever solutions best fit their needs -- all from a single
provider -- to help them meet the upcoming FACTA Red Flags deadline."
In addition, RSA's information-centric security products can be implemented to
help organizations meet FACTA Red Flags identity theft prevention requirements
in four specific ways:
-- Verifying Identities without a Prior Relationship: RSA(R) Identity
Verification is a knowledge-based authentication system that presents a user
with a series of top-of-mind questions utilizing relevant facts about the
individual obtained by scanning dozens of public-record databases.
-- Authenticating Customers: RSA(R) Adaptive Authentication provides monitoring
and authentication capabilities based on user activities and risk levels,
institutional policies, and customer segmentation. It is deployed at over 8,000
organizations worldwide.
-- Monitoring Transactions: RSA(R) Transaction Monitoring is an invisible
back-end fraud monitoring and detection system that identifies fraud without
impacting end-users or disrupting existing processes, systems and authentication
mechanisms.
-- Preventing Phishing: RSA(R) FraudAction(SM) is a real-time fraud protection
system against phishing, pharming and Trojan attacks -- including 24x7
monitoring and detection, real-time alerts and reporting, forensics and
countermeasures, and site blocking and shutdown. At the core of the service is
the exclusive RSA 24x7 Anti-Fraud Command Center that has shut down over 97,000
phishing attacks to date and is a key industry source of information on phishing
and emerging online threats.
"Our FACTA solutions help spur a broader corporate governance strategy that
enables businesses to comply with future regulations and protect information
throughout its lifecycle -- wherever it is across the organization, said Steve
Preston, Senior Director, Compliance Solutions at RSA. "Using our solutions,
customers can gain more visibility into their organizations, be better
positioned to use that information for heightened business intelligence, and
ultimately map their IT security investments directly to business objectives."
About EMC
EMC Corporation (NYSE: EMC) is the world's leading developer and provider of
information infrastructure technology and solutions that enable organizations of
all sizes to transform the way they compete and create value from their
information. Information about EMC's products and services can be found at
http://www.EMC.com.
RSA and FraudAction are registered trademarks, servicemarks and/or trademarks of
RSA Security Inc. in the U.S. and/or other countries. EMC is a registered
trademark of EMC Corporation. All other brands, product names, company names,
trademarks and service marks are the properties of their respective owners.
SOURCE EMC Corporation
URL: http://www.EMC.com
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
EMC Velocity Partner Program Captures Highest Marks for Second Consecutive Year in Everything Channel's 2008 VARBusiness Annual Report Card Combination of EMC Industry-Leading Products, Robust Partner Program and Strong Execution Delivered Company of the Year for Network Storage and Storage Management Software Categories
HOPKINTON, Mass., Aug 22, 2008 /PRNewswire via COMTEX/ -- EMC Corporation
(NYSE: EMC), the world leader in information infrastructure solutions, today
announced that for the second consecutive year EMC has captured the highest
marks and widened the gap between its competitors in the Network Storage and
Storage Management Software categories of the 2008 Annual Report Card (ARC) from
Everything Channel's VARBusiness. Now in its 23rd year, the VARBusiness ARC
Awards recognize outstanding partner programs and superb vendor service in 18
major product categories. EMC received its Company of the Year Award in the
Network Storage and Storage Management Software categories at the ARC awards
ceremony held on August 18 at the Gaylord Texan Resort and Convention Center in
Dallas.
Over the past year EMC continued to focus on enabling partners to successfully
grow their business around EMC by delivering new industry-leading channel
appropriate products, new programs to take advantage of the virtualization
market opportunities and streamlining certification training time and
requirements within the Velocity Authorized Services Network. As partner needs
evolve, EMC remains committed to providing a robust partner program with the
right rewards, tools and training required to support our important channel
strategy.
"For 23 years we've asked Solution Providers to grade their vendor partners on
criteria such as product quality and innovation, partner programs and support,
and each year the results of these grades have created the VARBusiness Annual
Report Card which reflects the level of commitment vendors have to the channel
and to their Solution Provider partners. EMC's second consecutive year of taking
the number one position in the Network Storage and Storage Management Software
categories highlights how its big investments in the channel and strong
execution over the past three years has propelled EMC to the top of the list,"
said Robert C. DeMarzo, senior vice president and editorial director, Everything
Channel editorial.
Winners were selected by VARBusiness editorial based on the survey results of
more than 5,000 systems integrators, IT consulting organizations, value-added
resellers (VARs), solution providers and software developers.
"Capturing the number one position in the two categories EMC competes in for the
second consecutive year and extending the gap between EMC and its competitors is
a stamp of approval of our channel strategy," said Pete Koliopoulos, Vice
President of EMC Channel Marketing. "EMC is honored to receive this prestigious
award that is based on strong validation from our partners that the combination
of our broad industry-leading product portfolio, robust Velocity Partner Program
and our focus on consistent execution is helping our partners increase profits
and deliver value to their customers."
About EMC
EMC Corporation (NYSE: EMC) is the world's leading developer and provider of
information infrastructure technology and solutions that enable organizations of
all sizes to transform the way they compete and create value from their
information. Information about EMC's products and services can be found at
http://www.EMC.com.
About VARBusiness (http://www.varbusiness.com)
For the past 20 years, VARBusiness' strategic resources have been the gateway to
the commercial and public sector (or government) Solution Provider community.
The VARBusiness integrated platform of media opportunities provides strategic
insight for technology integrators through industry-defining research, in-depth
editorial, channel events and innovative Web services, enabling these IT
professionals to make educated decisions for their businesses, partnerships and
customers. VARBusiness offerings lead vendors and distributors to unprecedented
access to the most powerful strategic Solution Providers in the market.
VARBusiness has been the recipient of numerous industry awards for both
editorial content and design.
Everything Channel (http://www.everythingchannel.com, http://www.channelweb.com)
Everything Channel, formerly CMP Channel, is the one-stop-shop for accessing,
enabling and accelerating technology sales channels. From branding and
recruiting to marketing and sales, Everything Channel offers technology
marketers the unmatched breadth and depth of global brands and market
intelligence combined with an unparallel audience loyalty and credibility
serving all technology sales channels. Through innovative sales and marketing
solutions, Everything Channel arms the sellers of technology with the resources
they need to achieve measurable and significant results. Everything Channel is a
subsidiary of United Business Media (http://www.unitedbusinessmedia.com/), a
global provider of news distribution and specialist information services with a
market capitalization of more than $2.5 billion.
EMC is a registered trademark of EMC Corporation. All other trademarks are
property of their respective owners.
SOURCE EMC Corporation
URL: http://www.emc.com
http://www.varbusiness.com
http://www.everythingchannel.com
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
I'm still in this trade~
It almost hit my exit point last Tuesday, but it finally looks like it might be breaking out up on good volume during Friday's session.
Congrats! Estrella~
On posting the 1,000th post. You win...
ABSOLUTELY NOTHING~~~LOL!
.....Smoke 'em!.....
I called that number many times~
And left a message each try.
NO response from MA received in the last few weeks.
C'mon DUDE! SELL THIS SHELL!!! PULEEEEEASE~LOL
DJ Technology Titans Jockeying For Position In Cloud Computing
By Scott Morrison
Of DOW JONES NEWSWIRES
SAN FRANCISCO (Dow Jones)--Silicon Valley has its head in the clouds.
In recent months, major technology companies have announced a slew of "cloud computing" projects that aim to deliver software applications, data processing power and storage services over the Internet. Google Inc. (GOOG) Chief Executive Eric Schmidt recently called cloud computing a "truly great breakthrough," while Microsoft Corp. (MSFT) CEO Steve Ballmer declared it to be one of his company's top priorities.
Much like a decade ago, when companies tried to show they had a plan for the Internet, there has been more talk than action so far - making these vague-defined initiatives difficult for investors to handicap. Adding to the confusion is the fact that the term "cloud computing" seems to mean different things to different companies.
"There's a lot of work that still needs to be done," says IDC analyst Jean Bozman. "But (the companies are) definitely moving down the runway."
Behind the growing interest in cloud computing is the belief that companies big and small will be able to dramatically cut their information technology costs by centralizing IT infrastructure. A number of technology sector giants hope to drive this trend - and capitalize on it - by building huge data centers that will provide computing services to customers on a pay-as-you-go subscription basis. Analysts expect many companies will eventually do away with their own systems, turning instead to a handful of cloud providers for their computing needs.
The excitement is understandable. Within the next five years, the market will swell to $160 billion, according to a forecast by Merrill Lynch. The figure includes $95 billion in infrastructure and software, as well as $65 billion in advertising, which cloud providers like Google are expected to use to subsidize their services.
Already, alliances are being formed and new technologies are being developed. Google has partnered with International Business Machines Corp. (IBM), while Hewlett-Packard Corp. (HPQ), Intel Corp. (INTC) and Yahoo Inc. (YHOO) have formed a loose team. These companies are expected to pump billions of dollars a year into cloud computing projects.
What those projects look like remains to be seen. Analysts expect some clouds will be commercially available, while most will be built for major corporations to use internally. Some cloud initiatives may be designed to serve small- and medium-sized companies, while others could target consumers. With a few notable exceptions, service levels and pricing schedules remain undefined at this point. More certain is that a handful of major tech players such as Amazon.com Inc. (AMZN), Google and Microsoft will dominate cloud computing.
"In the longer term, this will be a scale business with relatively few companies operating vast networks," said Nicholas Carr, a former executive editor of the Harvard Business Review, who has written extensively on IT issues and trends.
A few broad approaches are emerging. In one, cloud providers like Amazon let third parties use their raw infrastructure, on which customers can develop their own applications. In the second, companies like Google use their clouds to deliver applications and services to customers. A third approach is for software-as-a-service companies like Salesforce.com (CRM) to provide their products using infrastructure maintained by other companies.
Microsoft and Amazon declined to comment.
James Staten, an analyst at Forrester Research, says the likely winners will be those with data center expertise and an established customer base that they can coax into the cloud. "I expect to see a wide variety of business models," said Staten. "But most are going to get the business model wrong and be gone within three years."
E-commerce giant Amazon is among the cloud pioneers. In late 2006, Amazon built upon its own data center expertise to roll out Amazon Web Services. The service allows small- and medium-sized companies to build their own software applications, such as databases and billing systems, on the same infrastructure Amazon uses to run its own Web site.
Seattle-based Amazon charges clients based on how much computing power they use or how much data they transfer and store. It has proved popular with developers and has already attracted more than 400,000 users, although revenue from its cloud remains a fraction of the company's overall sales. One concern is that Amazon is by far the smallest of the major cloud providers and analysts question whether it will have pockets deep enough to compete against richer rivals, like Google and Microsoft.
Google is expected to invest up to $3 billion this year to augment its enormous network of data centers, already one of the world's biggest. That infrastructure powers Internet services such as Gmail, as well as the company's online office productivity software, and its App Engine, which lets developers use the company's software tools to build their own applications.
Mountain View, Calif.-based Google has not yet detailed how it plans to monetize its cloud. It currently sells advertising to support its consumer cloud services and it is working to sign up corporate customers to subscription services that offer more robust packages of communications, collaboration and security software, Google said. But the company's long-term cloud computing initiatives remain vague and analysts note that it lacks the sales staff to compete with rivals, especially Microsoft, in the enterprise market.
No company has more at stake than Redmond, Wash.-based Microsoft, whose legacy software business is threatened by the shift to cloud computing. It hopes to ease the transition by offering a hybrid approach that combines packaged software with services delivered over the Internet.
While the giant software maker has had little success with its online services to date, analysts note it has a wealth of programming expertise, a huge community of developers and a vast customer base. It also has nearly $24 billion in cash that it can tap to fund its product offerings.
"The future is about having a platform in the cloud and delivering applications across PCs, phones, TVs, and other devices, at work and in the home," Ballmer said in a memo to employees.
Other companies are also jockeying for position though few have outlined specific plans. Two weeks ago, IBM said it would build two data centers to boost its cloud computing infrastructure. In July, Intel, Yahoo and HP said they would team up to create six open-source labs to research cloud computing.
The industry's huge push into the cloud is also expected to drive revenues at hardware companies like Dell Inc. (DELL), virtualization software makers including VMware Inc. (VMW), as well as its parent data storage company EMC Corp. (EMC). All of these companies provide technologies cloud builders need to develop their infrastructure.
Analysts say there are also great opportunities for young companies developing software to make cloud computing more reliable and secure. These include companies like 3Tera Inc., Elastra Corp. and SecureWorks Inc., which are working on products designed to manage, optimize and protect the large number of servers cloud computing requires.
"It's not that easy to get 1,000 servers to load up an application, run it for 15 minutes and then shut it down," said Martin Reynolds, analyst at Gartner. "We need a cloud computing system that runs across 1,000 computers and makes them seem as one."
-By Scott Morrison, Dow Jones Newswires; 415-765-6118; scott.morrison@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=0%2BM6J14yZkB1AcUymkkuJA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
August 15, 2008 09:00 ET (13:00 GMT)
Copyright (c) 2008 Dow Jones & Company, Inc.- - 09 00 AM EDT 08-15-08
.....Smoke 'em!.....
You have to be Kidding~~LOL
When you're #1, YOU are the ONE that buys the competition~~~
Wedbush Morgan Reiterates BUY Rating for LLNW
With a price target of 4.75-5.00
http://www.finviz.com/quote.ashx?t=LLNW
I'm IN with 1K shares hoping for that move up,
Or they get bought out by AKAM, AT&T, or whoever~
It seems to have strong support around the 3.00 level
See the chart and statistics below~
.....Smoke 'em!.....
Limelight Networks shares fall on wider 2Q loss
Wednesday August 13, 12:02 pm ET
Limelight Networks shares down sharply following wider 2nd-quarter loss
WASHINGTON (AP) -- Shares of Limelight Networks Inc. fell sharply Wednesday after the company reported a wider second-quarter loss.
The stock fell 46 cents, or 10.5 percent, to $3.91 in midday trading. The stock has ranged from $2.62 to $13.67 over the past year.
Limelight, which provides technology and services used to deliver streaming audio and video and other online content, late Tuesday posted a loss of $15.3 million, or 18 cents per share, for the three months ended June 30. That compares with a loss of $10.6 million, or 23 cents per share, in the second quarter of last year.
Excluding items, The Tempe, Ariz.-based company lost $1.6 million, or 2 cents per share.
Analysts polled by Thomson Reuters, on average, had expected Limelight Networks to report a loss of 3 cents per share.
Wedbush Morgan Securities analyst Kerry Rice said Limelight is benefiting from solid online traffic volume, driven by growth in Internet users as well as new and existing customers, such as NBC and Disney. NBC is using Limelight technology to Webcast the Olympic games from Beijing.
Looking ahead, Limelight said it projects third-quarter revenue of $30 million to $32 million.
Still, according to Friedman Billings Ramsey analysts, Limelight could be hurt by the tough economic environment and customer uncertainty on whether to spend on content delivery services, as well as a tough competitive environment and pricing pressure. In a note to clients, the analysts added that the company may also be overly reliant on the media and entertainment industry and overly exposed to customers with questionable business models.
Furthermore, Limelight Networks remains locked in patent infringement litigation with Akamai Technologies Inc. Akamai sued Limelight in 2006, alleging that Limelight was infringing on an Akamai content-delivery patent.
.....Smoke 'em!.....
Akamai vs. Limelight Networks:
Digging Deeper Into Limelight's Earnings Call
by: Dan Rayburn posted on: August 14, 2008
http://seekingalpha.com/article/90861-digging-deeper-into-limelight-s-earnings-call?source=yahoo
On Limelight Networks' (LLNW) Q2 earnings call, various segments of its business was talked about on a high level that is worth digging deeper into. For starters, one of the biggest questions Wall Street seems to be asking is why did Akamai (AKAM) have a weak Q2 for CDN and Limelight had a strong one?
The reason is not pricing pressure, lack of traffic growth or any of the other reasons people want to give. The bottom line is that Limelight simply had a good sales quarter, was aggressive in the market and won some business from Akamai. In quarters past, Akamai has had good quarters while Limelight's have been bad. That's the way it works and the winner will be the one who shows consistency with sales. It takes more than one or two quarters to declare a real shift and change in the market landscape.
Based on what both companies reported, Limelight's CDN traffic does seem to be growing faster than Akamai's. Notice I didn't say is larger than, as we don't know, but simply growing faster. While not discussed on the call, all of the Stage6.com traffic that Limelight lost when Stage6.com closed down has already been made up by Limelight with new traffic.
That's something to think about considering that Stage6.com was one of the largest traffic sites on the web, doing close to 20 million unique visitors a month when it was shut down. Limelight has replaced all of that lost traffic with new traffic, in only 4 months time, which is a good sign of traffic growth. Of course to be successful, and more importantly profitable, you need more than traffic growth, you need revenue growth. But if you can grow traffic and not have any pricing pressure, which I didn't see Limelight having in the last quarter, that's the fastest way to increase revenue.
Another interesting thing not mentioned on the call yesterday is that on the second Tuesday of every month, Microsoft (MSFT) delivers software security updates. Limelight delivers more than half of that traffic for those updates and yesterday, Microsoft released 11 security updates that addressed vulnerabilities in Microsoft Windows, Microsoft Office, and Internet Explorer. That means Limelight's network was delivering a huge amount of traffic for software updates and the Olympics, all at the same time.
The most interesting thing Limelight said on the call, with very little details, is that it would spend more in the second half of the year to build out its network for business it had won, but traffic it would have to take away from competitors or from in-house. While that seemed to confuse many on Wall Street, it makes a lot of sense if you really follow the CDN market.
While Limelight won't talk about the NFL business that I have confirmed it has won, it's a great example of a customer whose business that have won, but so far, have only been committed to be given half the traffic. The other half is to be delivered by Akamai. Without coming out and saying it, Limelight is challenging Akamai head on to take all of that business and show customers it is going to ramp up the capacity of their network to a whole new level by the end of the year.
In addition, this build out makes Limelight a much stronger acquisition target by the telcos in six months time. What telco wants to acquire a CDN who it then has to invest money into to have the network ready for the next phase of video growth? By Limelight spending the money now, in six months time it will have built out its network for round two and will be a more valuable acquisition target.
.....Smoke 'em!.....
Digging Deeper Into Limelight's Earnings Call
by: Dan Rayburn posted on: August 14, 2008
http://seekingalpha.com/article/90861-digging-deeper-into-limelight-s-earnings-call?source=yahoo
On Limelight Networks' (LLNW) Q2 earnings call, various segments of its business was talked about on a high level that is worth digging deeper into. For starters, one of the biggest questions Wall Street seems to be asking is why did Akamai (AKAM) have a weak Q2 for CDN and Limelight had a strong one?
The reason is not pricing pressure, lack of traffic growth or any of the other reasons people want to give. The bottom line is that Limelight simply had a good sales quarter, was aggressive in the market and won some business from Akamai. In quarters past, Akamai has had good quarters while Limelight's have been bad. That's the way it works and the winner will be the one who shows consistency with sales. It takes more than one or two quarters to declare a real shift and change in the market landscape.
Based on what both companies reported, Limelight's CDN traffic does seem to be growing faster than Akamai's. Notice I didn't say is larger than, as we don't know, but simply growing faster. While not discussed on the call, all of the Stage6.com traffic that Limelight lost when Stage6.com closed down has already been made up by Limelight with new traffic.
That's something to think about considering that Stage6.com was one of the largest traffic sites on the web, doing close to 20 million unique visitors a month when it was shut down. Limelight has replaced all of that lost traffic with new traffic, in only 4 months time, which is a good sign of traffic growth. Of course to be successful, and more importantly profitable, you need more than traffic growth, you need revenue growth. But if you can grow traffic and not have any pricing pressure, which I didn't see Limelight having in the last quarter, that's the fastest way to increase revenue.
Another interesting thing not mentioned on the call yesterday is that on the second Tuesday of every month, Microsoft (MSFT) delivers software security updates. Limelight delivers more than half of that traffic for those updates and yesterday, Microsoft released 11 security updates that addressed vulnerabilities in Microsoft Windows, Microsoft Office, and Internet Explorer. That means Limelight's network was delivering a huge amount of traffic for software updates and the Olympics, all at the same time.
The most interesting thing Limelight said on the call, with very little details, is that it would spend more in the second half of the year to build out its network for business it had won, but traffic it would have to take away from competitors or from in-house. While that seemed to confuse many on Wall Street, it makes a lot of sense if you really follow the CDN market.
While Limelight won't talk about the NFL business that I have confirmed it has won, it's a great example of a customer whose business that have won, but so far, have only been committed to be given half the traffic. The other half is to be delivered by Akamai. Without coming out and saying it, Limelight is challenging Akamai head on to take all of that business and show customers it is going to ramp up the capacity of their network to a whole new level by the end of the year.
In addition, this build out makes Limelight a much stronger acquisition target by the telcos in six months time. What telco wants to acquire a CDN who it then has to invest money into to have the network ready for the next phase of video growth? By Limelight spending the money now, in six months time it will have built out its network for round two and will be a more valuable acquisition target.
.....Smoke 'em!.....
EMC Receives Eli Lilly and Company Global Sustained Supplier Award Pharmaceutical Leader Recognizes EMC for Outstanding Service in IT Integration
HOPKINTON, Mass., Aug 12, 2008 /PRNewswire via COMTEX/ -- EMC Corporation (NYSE: EMC), the world leader in information infrastructure solutions, today announced that Eli Lilly and Company (NYSE: LLY), a leading innovation-driven pharmaceutical corporation, has recognized EMC with their 2008 Global Sustained
Supplier Award. The Sustained Supplier Award recognizes suppliers who have a long-term relationship with Lilly, and have shown continuous improvement in supplier relationship management, quality, service, tier II supplier diversity, speed, and total cost reduction to Lilly while working with Lilly in a collaborative business model.
Frank Hauck, EMC Executive Vice President, Global Marketing and Customer Quality, said, "EMC strives to provide the best total customer experience in the industry by continuing to deliver innovative technology and solutions, backed by the world's best service and support. The Global Sustained Supplier Award is a
testament to EMC's value as a strategic IT partner to the pharmaceutical industry. We are deeply appreciative of Lilly's recognition of our efforts."
For more than a decade, EMC has been helping the world's leading pharmaceutical companies reduce the complexity of IT environments and ensure continuous uptime for their most critical research, clinical trials, manufacturing, and business
applications. By properly storing, managing, and securing critical information, pharmaceutical companies can streamline drug discovery processes as they develop medicines, enabling them to bring high-value therapeutics to market faster and
enabling people to live healthier, more active lives.
For more information on EMC's pharmaceutical solutions, visit:
www.emc.com/lifesciences
EMC is a registered trademark of EMC Corporation. Other trademarks are the property of their respective owners.
SOURCE EMC Corporation
URL: http://www.EMC.com
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Copyright (C) 2008 PR Newswire. All rights reserved
.....Smoke 'em!.....