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OK, I must say that I am currently feeling skeptical about this company. I go back and forth with my feelings. I now feel that we are still many months before seeing any significant revenues, if not years. At least one press release by this company was either false or misleading. They made it sound like they were commencing with the delivery of phones to China Telecom in the fourth quarter of 2003...another poster on here said he had talked to George Schilling about the China Telecom deal, and he was told basically that as soon as they performed a successful field trial the shipments of phones would begin soon after...well, that makes me think 2nd quarter at the latest. Now, we have ANOTHER poster stating he was told by George Schilling that it's more like fourth quarter of this year. I don't know about you guys, but I'm smelling something fishy here. The one deal that got this company all the press has yet to be fulfilled and I'm really wondering if it's going to happen. Give me some input...thanks
Ok, KrisCo, I agree that patent refers to RF and it isn't dealing with the same technology as Calypso Wireless...
The phones are still in the prototype stages. I’m not sure where you saw 4th ¼ 2003, but it’s more like 4th ¼ 2004.
George Schilling
>>>>>> All I have to say is WOW...that's enough information for me! I'm glad I sold. If this poster has posted correct information, then we've all been mislead just as I was stating before.
Kris,
The patent that you are referencing: "Portable electronic communications device having switchable LAN/WAN wireless communications features; US Patent number 5,903,548 May 11, 1999" sounds just like Calypso's patent. Now, I haven't read this particular patent, I'm just making a statement based off the name of the patent. You state that the patent is tied specifically to LAN/WAN and antenna switching technologies. Is this particular patent dealing with RF or just LAN/WAN switching communications features?
You state: "To the extent that Itronix offers product that incorporate other Network Media Types (like cellular) they are operating outside their patent and are infringing on Calypso’s US Patent 6680923 “Communication system and method.”" If you are thinking that cellular is not covered under LAN/WAN, you are incorrect. A cellular network IS A WAN! WAN stands for wide-area network, which in wireless telephony, refers to cellular service or any network that is over a wide area. LAN's would be considered the WI-FI networks and Bluetooth networks. You are making it sound like Itronix is infringing on Calypso's patent, but it sounds like to me Itronix may have already patented that technology from what you just posted. I'll have to read that particular patent to learn more before I say anything else.
It's very possible that HP hadn't figured out how to have that device roam between networks...why else would you want a device to simultaneously be connected to different media types? Or, did they know Calypso Wireless had a patent pending on that technology and chose to go a different route?
You definitely are describing seamless roaming in your scenario here, Michael. If you are using one network and you automatically switch to a different network then you are seamlessly roaming.
That information does not specify whether or not it uses "seamless roaming" though. I would assume it is, but it doesn't specify that...
I N V S T,
nlightn was the originator of this board...and I don't think his posts are misleading at all. This guy does his homework, and all he is saying is that you should be extremely careful before investing in a company just based on news releases by the company. I tend to agree. I bought shares in this company nearly a year ago waiting for movement and I sold for 100% profit. I wasn't going to sell, but the more time slips by the more I question the value of this company. Are they going to be able to produce results? I still think they will, but they also are taking their sweet time doing it. The China Telecom deal was announced 13 months ago...How long do we have to wait? Also, now that I see that several other companies have the same technology and have already produced products using the technology, I don't feel that CLYW is assured success like I did at first. I do think their patent may bring them money, but how long will that take and at what expense? Will they be able to back up their patent? Do other companies have patents? There are a lot of questions surfacing that are making Calypso Wireless not quite as attractive to me as they were nearly a year ago. This is all just my personal opinion, of course. I'm still waiting to see how things play out though. I think shareholders of this stock still have a good opportunity to make big money...but when are the hard, sure results coming???
Well, I wouldn't say this is dead money at this point just yet. I believe that future news will cause the stock to go up as well, but I don't think we will see as much of an increase in price as we just did recently until they announce a successful deal. When they finally show revenues coming in from the China Telecom deal that was announced 13 months ago the stock will EASILY be back at the high levels +. Just my personal observation. You have to be very careful though buying into a stock that is shooting up like this one did because when the dust settles you can end up losing a lot of money. I wouldn't fret just yet though...you guys that bought in at high levels. I personally am waiting to see if this thing dips down below $2 before I think about buying back in.
nlightn,
Thank you so much for posting that information. You truly do your homework, don't you!?! I just wonder why everything is takink so LONG with this company. I have heard a lot of news, but no hard results as of yet. I'm still patiently waiting for the SEC filing for the fourth quarter...
I want to point out something about this article that you posted, cfromberg. At the end of the article when it says, "the company announced its first major contract in February, a $500 million deal..." I want to remind everyone that this deal was first announced in February, 2003.
Well, I've just decided that things have gotten too risky for me. I made 100% profit on this stock when I sold so I'm not sad in the least. I just know that news is either going to make or break this company so I wish you guys luck that are holding...I hope it works out for you and I probably will miss out on a big run, but I would just hate to have a lot of money on this thing and the bottom drop out like it did the other day (of course it all depends on where you buy in)...I'm sitting out for right now. If it drops back to $2 or less I may get back in...sometimes being patient is the key. I like to enter stocks when there is very low downside risk to them. This particular stock could go very high very quickly but then again it could drop and never recover also.
Let me be honest with you guys. I don't believe this company is trying to get on the NASDAQ exchange at this time because that is the EXACT same thing that the company was saying in July, 2003. I bought this stock in April, 2003 because I saw the potential that was there, and when they mentioned going onto the NASDAQ in July I got really excited because I thought I hit a gold mine! I saw this thing going on the NASDAQ and running up and I would sit back and watch...haha But, after holding onto the stock all that time waiting they then announce in November, I believe it was, that they were focused on getting on the OTC BB...not even mentioning anything about the NASDAQ. I wouldn't get my hopes up if I were you...of course, I'll be the one losing out if they DO announce that they are going on the Nasdaq one night...all I'm saying is don't count your chickens before they are hatched. I'm just watching...I'm wondering if that could have been mentioned just to get people to invest? That same rumor may be resurfacing to get more people to invest now. Be careful. Tread lightly.
Well, they aren't going anywhere with the stock tanking like it did today. I am being very, very cautious with this stock. I may buy back in at $2. I'm still waiting to see the SEC filing for fourth quarter, 2003. I personally am not QUITE as excited about this stock as I was at first. I see that other companies have developed the same technology as Calypso that I wasn't aware of at first. It will be very interesting to see how things play out with the patents and with the field trials that Calypso has going. Really, just the China Telecom deal alone (as long as it is a done deal) will propel the stock back up to the $6+ range, and even higher, easily. That amount of revenue for this small company would allow them to pursue lots of other things. I would still be holding this stock if I knew 100% sure that Calypso had that deal in the bag...but I'm still confused on that. I suspect that many investors would be glad to hold just on the hopes of that deal going through...$500 million spread over three years would mean $166 million each year, at least and then add whatever deals they could pull in on top of that...I think the stock still has lots of potential based on the potential sales alone, but what happens if the China Telecom deal is not for real? THAT, my friends, is why I sold last week. I'm waiting patiently for the dust to settle. The stock now is back at the level that I sold at so I'm back in the game for now...watching patiently.
I've just spent a few minutes looking at the Birdstep website and they definitely have the exact same seamless roaming technology as Calypso (now they may do it technologically different than Calypso does it...I don't know about the technological specifics). Their technology provides seamless roaming ALONG WITH VPN SECURITY. Their website says they have a patent pending. Their technology allows mobile users to seamlessly roam between WAN's and LAN's as well as VPN's to unsecured networks...their technology seems to be one step up on Calypso's since they include the ability to also seamlessly switch between the secure network (VPN's, INTRAnets) and the networks without security (regular LAN's and WAN's) all while seamlessly roaming in and out of all the other networks. What do you guys think?
You obviously HATE yourself for missing this one! It is SO obvious. It's not every day that you can multiply your money by 5 in four or five days, huh?
I'm posting so much because I'm interested in your post, nlightn. Birdstep says it has patents related to roaming in and out of VPN's. Do they have a patent on "seamless roaming" though and Calypso isn't necessarily dealing with VPN's, or at least how I understand this technology. VPN's are used when companies are using the internet to send encrypted data. I think this all needs to be looked into and quick!
HMMMM...very interesting article. It sounds like this company has developed the same type technology that Calypso has and they already have a couple of companies using the technology from what the article says. We need to do some research on this company to find out what all is going on with them. It mentions that "through partnerships and patented technology" they are offering this service. I wonder if there are multiple patents on the same technology? Can that happen? Who wins if there is more than one patent for the exact same technology? Does this company use slightly different technology that will allow it not to interfere with Calypso's patent? These are all good questions I think...
HAHA!!! Don't get too greedy now guys! It's easy to say that the stock has an "aura" about it when it just goes up every day...but you know that won't continue forever...seems as though it finally met a little bit of resistance today, but I could be misreading it. I certainly misread it last week! Good Luck!!! :)
Well, I guess my main concern is that it seems as though everything is taking a LOT longer than management is letting on. You have to understand I've held this stock now for nearly a year waiting for some movement. I'm not going to let this gain get away from me if that makes sense. I will buy back in when the dust settles...I have a feeling there will be plenty of time for that to happen.
If they are just now making trial phones to send out for field trials things are running about six months behind where I thought they were, at least. Field trials will take three months at the minimum once the phones do get where they are going and then the companies will have to decide whether they want to purchase them so that will take more time. I'm just being cautious and locking in gains with the hope that the stock will cool down sometime between now and the next couple of months. If not, I'm not going to sweat it...like I say I've doubled my money on this one. I've learned not to be overly optimistic about stocks...you have to play the game. Now adays, I try to get in early, make a nice gain and get out before the opportunity passes by. I think there will be other opportunities with this one. I can always buy back in at a higher price if I think it's just going to keep going up...I'm letting things settle though for a while. Good luck!
One thing I wanted to correct you on was the part where you said they have had no revenue. As a matter of fact they did record revenues of nearly $400,000 in the third quarter, 2003. Apparently, this revenue was from equipment being shipped for field trial(s) according to the SEC filing. Like I said earlier, I am expecting to see millions in revenue for the fourth quarter, 2003 because I was led to believe that revenues were already coming in from the China Telecom deal. I got confused when I heard people saying that Calypso hasn't even performed a field test for China Telecom yet and there have been no phones shipped. All their press releases have stated that the commencement of shipping on that deal would take place in the fourth quarter and that operations would be fully underway starting in the fourth quarter. I am getting conflicting reports...that's one reason I decided to sell my shares Thursday after doubling my original investment. I'm going to wait this out a little bit and HOPE that I can get back in at a good buying opportunity point. If not, I'm going to be happy with my 100% profit on this one and move on. I'll be watching closely. I'm not doing anything until I see the SEC filing for the fourth quarter. The thing I'm thinking about though is if they do show big revenues for the fourth quarter I think that will help propel the stock on upward, but if they don't have anything substantial to show I think the stock will fall until there is real news. It's a tough play...tough to know when to hold and when to sell. I wish you all luck with your investments.
Well guys, I'm going to admit that I locked in gains Thursday afternoon at just under the high. I didn't anticipate the continued run on Friday. I thought it would hold fairly steady on Friday and then possibly descend Monday, but I'm going to wait and see how things play out. I'm out until I see the company bringing in substantial revenues or if there is a really good buying opportunity again. I more than doubled my original investment so I'm somewhat ok for now...unless this thing runs up to $20 next week! Then I'll be asking you guys to bring me a gun...LOL Good luck!
Well, let me clarify what Calypso Wireless is saying. They are saying that companies are developing devices that roam between WAN's and LAN's. Any devices that roam "seamlessly" will have to be approved by Calypso by obtaining a license from them. Since Calypso has a patent on that technology they can enforce the patent. Most of the devices, if not all at this point, don't necessarily roam seamlessly...meaning that the device user has to manually switch the device over to use the LAN. Calypso sees that device manufacturers would probably want the technology to have the device switch automatically if they could get it. Up to this time, the technology didn't exist, however it sounds like another couple of companies may have developed something similar because they have announced that they are coming out with devices that can seamlessly roam. But if Calypso has this technology patented those companies that are coming out with these device will have to deal with Calypso Wireless in some way...meaning if they go ahead and try to sell those devices without licensing the technology from Calypso then Calypso can sue them for patent infringement, or they can work WITH Calypso and use their technology in their devices. I'm sure these big companies, if they have developed the technology already, are going to attempt to get around the patent. We'll have to wait and see.
Thank you for that post. I personally think that Calypso is closer to Scenario 1 however. I would feel differently if Calypso did not have any contracts or anything, but they have the big $500 million contract with China Telecom and they have a few field trials going on and they say they are in negotiations with different major companies, so I have faith that something major will happen for this company. Of course, no one knows for sure what the future will hold. They truly seem to be the first or at least one of the first companies that have come up with this seamless roaming technology, and they applied for their patent way back in 2000. Suppose a big company DOES try to circumvent their patent...then Calypso could get some big lawyers and go after that company and then if they won a lawsuit they could still be entitled to big dollars...so this one is just going to be exciting to watch I think.
You know, I don't want to get people overly excited, but judging by the amount of interest that is there right now over this stock, if Calypso was to come out with some big announcement one night such as getting a contract from a major telecommunications company or cable company or OEM (in addition to the already announced contract with China Telecom, of course)...this stock could easily double from current values over night. However, IF and WHEN that would happen is totally debatable. What do you guys think? I want to try to buy and sell this stock on highs and lows, but I'm scared I might lose out on a big run.
Oh, yes...I like XYBR. I think there is pretty good potential there also. I don't have any money invested there but that is also one that I've been tracking. I think that one, if played right, could make you some money. They are into coming up with wireless computational devices...things that supermarkets would use and others...great potential.
I can't believe noone has mentioned the nice run today! Where are you guys at?
Interesting article showing how T-Mobile likely will not have devices that will seamlessly switch between networks. It sounds like they don't have any real information from T-Mobile however...sounds like they are only conjecturing. This article is saying basically that you really could get around the whole seamless switching thing as long as you know you are in a hotspot. I think Calypso's technology is going to come in handy when Wi-Fi becomes bigger and there aren't ONLY hotspots to go to, but Wi-Fi will be available in many areas. Then you would want devices that automatically switch between networks.
My question to you guys is this...could companies not still develop the same technology, but only not have the device purely all the way automatically switch? Like, for example, say you are using a wireless device and you get to an area that has Wi-Fi...the device recognizes that Wi-Fi is available...so instead of automatically switching, it just asks you if you would like to switch to the new network and if you say yes then it switches. This would not be purely seamless, but it would be the same technology...thus getting around the patent. Let me know what you guys think about that.
From what I understand, T-Mobile is not using this technology as of yet. They have announced that they want to come out with a system combining 2G, 3G, and Wi-Fi and being able to seamlessly switch between them. This has led to many people wondering if they are partnering with Calypso to have this technology...afterall, it WAS T-Mobile's network where the successful trial was conducted to test the technology. From everything that I have seen, Calypso has a very valuable technology here. The seemless switching technology is going to be wanted by many companies manufacturing these wireless devices. They did show $400,000 in revenues in the third quarter from field trials (according to their filing) so that shows that they are involved in field trials. I'm just wanting to see the revenue coming in from the big China Telecom deal.
Don't take what I said the wrong way. I'm not trying to be negative, but I am a little confused between what press releases have said and what some other people on here are saying. I was under the impression from different things I've read that Calypso is in full swing basically with this China Telecom deal, delivering phones as of the fourth quarter of 2003...perhaps I was misinformed just a bit on this particular agreement. I am still very optimistic for this company, and after doing further research I believe many different companies are going to be knocking down Calypso's door here soon wanting this seamless-switching technology. I just hope Calypso plays all their cards right.
I wanted to address some discussion also about Calypso wanting to enlist on the Nasdaq. If you go back and look at news releases around July, 2003 there were several news releases that came out stating that Calypso was working toward getting on the Nasdaq exchange by year end (2003). I assume that the ultimate goal still is to be listed on Nasdaq, but for now they are applying for what they can get on NOW.
Now this concerns me a little bit. What is this about the China Telecom deal is in Calypso's court??? All the official press releases that I have read state that first shipment of phones to China Telecom took place last quarter. So, I'm sitting here thinking that this deal is well under way at this point, being at the end of another quarter. Your statement makes it sound like no phones have been shipped yet and that China Telecom doesn't even have prototypes yet??? I'm confused. If that is the case, the press releases are bogus and misleading investors. I'll be waiting to see what revenues the company reports in their filings.
Does anyone have any idea when we can expect to see 2003 fourth quarter results? I'm thinking they should be out really soon. I want to see what the revenues are for the fourth quarter.
I think they are missing out. I think there is great potential with this company. Now, do I think it's going to be as big as Qualcomm? No, I don't, not nearly. HOWEVER, I DO think it's going to be big ENOUGH to make the stock go way up. I think the people who wrote that article probably don't know what they are talking about. There was nothing technical in the article...just an opinion provided. I'm sure there were people that wrote articles such as that when Qualcomm first opened their doors as well. The stock price has doubled since the writing of that article...they have already missed out on that if nothing else.
Well, I have a lot of insights in the telecom sector, primarily in the wireless area. Over the next 12 months or so my picks for stock price growth are FON and NXTL. Nextel, even though I TOTALLY missed this runup (it has run from $2 to $29 over the last 2 years), looks like a strong, steady growth stock. I think the stock will continue to perform relatively well due to the company showing good results each quarter. However, my good feelings for Nextel have been dampened somewhat due to fears that they may end up spending more on their network to upgrade it than previously planned for...that we will have to wait and see on. Individuals wanting a fairly steady growth stock might also look at FON. Sprint has decided to roll it's PCS tracking stock back into FON...I believe by doing this, more focus will be on Sprint's overall company results and they are foreseeing good results, and with PCS about to finally become profitable, Sprint will be seeing EPS rising and so will the stock generally. I think there is a fairly low down-side risk on the FON stock as well as with NXTL even at current values. Wireless stocks are generally trading higher right now due to the possibility of another buyout (such as what has happened with Cingular buying AT & T Wireless) We will have to wait and see what happens...I personally don't believe that any other large mergers are going to be approved for a while however.
Hello all, I have been invested in Calypso Wireless since May, 2003. I, of course, have been watching this stock very closely since I have a good amount of money invested. I have been involved with the stock market heavily over the last few years and I have been able to pick out several winners. Of course, I have made bad choices as well. However, I put my money down on this stock and have kept it there because there is a huge potential for this stock to skyrocket within a short time period. Once things start happening, they will happen within a relatively short time period I think. Just to give you an idea of some other stocks I was successful on, look at ASKJ (I knew that stock was going to be a winner two years ago when it was at around $1 per share. It has recently traded in the $20-25 range. RATE is another stock that I was eyeing at about that same time period. It has had similar results. I also bought YHOO at 9.60 per share, AMZN at $23, and NT and LU when they hit their lows of .65. This company's stock is going to be successful...the only question is how long will it take. I am going to put a personal price target on this stock of at least $10 to be reached within the next 14 months. I actually think that is a conservative figure. Depending on how well things go, it could easily be a $20 stock. Many different things will determine where this stock will end up. However, they now have a patent on a technology that many companies will be wanting to utilize over the next few years as WI-FI becomes larger and larger. China Telecom alone will be giving Calypso revenues of $125 million over the next year. It is my feeling that once those solid revenues begin coming in and once other procurement orders are added, and plus other things in the pipeline this stock will climb. I have quite a bit of knowledge in the wireless area and wireless stocks have been my focus above all others over the last three years. I have worked in telecommunications before as well so I'm very familiar with some wireless technologies. I look forward to discussing this company with you guys in the future.