To thyself be true
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Interview: Jack E.Jett 04.12.06
By Ross von Metzke
Gay entertainers are known for being blunt, but few do it with such no holds barred candor as Jack E. Jett. Best known for hosting Queer Edge with Jack E Jett on Q Television, Jett’s bounced around virtually every corner of the entertainment industry a veteran can hope to fill. He's gone from A.F.T.R.A talent representative to working as the Talent Coordinator for the American Film Institute Tribute to Elizabeth Taylor, working as press manager for Belinda Carlisle and The GoGo’s casting at CBS.
So it should come as no surprise that Jett should find himself in front of the camera, dishing everything gay and newsworthy weekly on Q TV. The HIV-positive entertainer has recently made headlines for taking pharmaceutical companies and HIV advertisements to task for what he considers a poor way to market a cure to the community.
We sat down with Jack to talk about this, rumors Q TV is headed for financial ruin, and many of the other fascinating things this hell of a guy’s got on his mind.
Ross von Metzke: You've been pretty forthcoming in recent weeks about your many feelings surrounding HIV/AIDS and how pharmaceutical companies are choosing to approach advertising, outreach campaigns? Why did you decide now was the time to open up and talk?
Jack E. Jett: I have no problems with the pharmaceutical companies. They keep my alive, in good health, happy and sometimes high. I like the ads, but I’m not gullible enough to believe that taking their medications will make me a hunky dude who is willing to rock climb as a hobby. Nor do I think they will make me happy like the models they use.
RVM: So let’s talk about another series of ads appearing in The Advocate – they paint HIV+ people to be disgusting, sickly, scary, some wearing diapers, one with a horrific hunchback. What in particular bothers you about the ads?
JJ: This whole campaign that uses photos of emaciated men in diapers in an effort to "scare" people from contracting AIDS looks like something that was produced by some right wing Christian nutcases. It was probably actually designed by someone who has never had to witness that or deal with it as a caretaker. This ad is a slap in the face to all the men and women who have HIV, AIDS, or have ever taken care of someone. This is exactly the type of thing the right wing Christians use in their “fright house” attractions that they use at Halloween to frighten people from being gay. I think some advertising queen has gotten caught up in the George Bush fear mongering, or someone just wanting to be shocking for the sake of being shocking, which in reality is so 1985. People with HIV/AIDS do not need some ad agency taking away our dignity.
RVM: We've heard the argument that HIV/AIDS has become a business, that so long as there's money in medicine, they may never find a cure. Is that a theory you prescribe to?
JJ: I would have never, ever believed that any scientist, or pharmaceutical company would ever do such a thing as holding back a cure for the sake of money. I have always had more faith in humanity than that. However, since the Bush administration, that has a focus of fear, lack of transparency… I mean the man rarely utters an honest word. So with such an administration running and ruining this country, I would not be surprised at all that the government might be involved in holding back a cure, if the pharmaceutical companies have hired a Jack Abramhoff. I mean, they may be trying to Tom Delay it, but I don't think the medical community would be involved in such.
RVM: What do you think pharmaceutical companies and outreach programs should be doing differently?
JJ: Other than becoming a sponsor of my show, I can't think of anything! Seriously, I think these companies get a lot flack for not just giving away these drugs. I understand that the process of research is long and tedious and expensive, and it is a business. If we make it tough for them to make a profit, then we will never find the cure. I understand that folks in third world countries can not afford these drugs. Maybe this is where the Pope should get up off his fat, lazy ass and put some money into buying drugs for these people that he instructs not to participate in condoms or contraception.
RVM: You've paired off with Sandra Bernhard for your show on Q TV. How did that pairing come about?
JJ: Queer Edge has always had different celebrity guests each week. From Charo to Kim Coles, Jane Wiedlin and Debbie Matenopolis. Sandra came on to host for a week and we just feel in love. She was like the little Jewish sister i always wanted but never had. She is so fucking funny. Her mind works is a very mysterious and unique way. She has a way with verbiage. She said she wanted to be a part of the Queer Edge project and so we made a deal to keep her on longer. Now she is in New York doing her show. She is an amazing live performer. I am just a huge fan.
RVM: Now that you've spent time with Sandra, what sort of dirt do you have to dish?
JJ: I love people who are really spiritually centered yet don't go around talking about it. That is Sandra. Very grounded, yet not running around preaching. She has never talked religion with me, yet you only have to be around her for a short time to know she is very grounded. I also got to met her girlfriend Sara, who doesn't really jump into the spotlight. Kind of the anti Anne Heche. Sara is one of the prettiest chicks I have ever met. I think I developed a crush on her.
RVM: The rumors have been flying that Q TV is on the verge of going under. What's the real story?
JJ: Q is on the bottom of the gay TV food chain. Q never did have the backing of CBS, Viacom, The Advocate, Jesus Christ… Q was … is trying to be an independent network for the GBLT community… it does not and never did have the money to go in and make deals with every homo star in the world. What they have is a core group of very talented artists that love the concept of being as creative as they can be in their field. Unfortunately, the previous management was far more concerned to be seen at film festivals, pride events, lesbian golf extravaganzas and investing in feature films than spending money on programs and programming.
RVM: So now, a new team has come in to try and fix things?
JJ: These folks are gone, and a new team has come in to clean up the mess. They are trying to right the wrong of the previous administration and move forward. It’s a tough road… David and Goliath to the 100th degree. I really admire the folks that are trying to do it. Some have complained that they are not gay. I really don't care if they fuck boxes of cereal as long as they pay back the employees that the numb nuts who ran the place before failed to pay.
RVM: You always seem to have your hand in several different projects. What else do you have in the works currently?
JJ: I have a company with my husband John Gennusa, Bubbabru Productions Inc. It is named after our dogs. We have distributed a DVD entitled The Gayest Show on Earth and we are currently in the process of distributing the Queer Edge with Jack E. Jett to an international market. We are in the pre-production stages of a documentary on gay men in prison. In addition, we are in development on a project about growing older as a transgendered person. On a personal level… I have given up on trying to loose weight and am now concentrating of growing taller in hopes of looking thinner. And as I grow older, I want to keep an eye on my eyebrows. I don't want to wake up one morning looking like a gay version of Andy Rooney.
For more on Queer Edge with Jack E. Jett, visit QTelevision.com.
© 2006 GayWired.com; All Rights Reserved.
http://www.gaywired.com/article.cfm?section=10&id=9016
GAY GAMES 10,000 Participants Now Committed To Chicago 2006 Gay Games
April 13, 2006
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Goal of 12,000 In Sight; Late Registration Begins 16 April
CHICAGO, IL - Chicago organizers of the 2006 Gay Games announced today that they now have more than 10,000 participants from more than 45 countries committed to attending the 7th Gay Games, 15-22 July 2006.
"With just 100 days to go before the 2006 Gay Games open in Chicago," said Brian McGuinness, Gay Games Chicago Executive Director, "our registration rates remain ahead of expectations with 12,000 participating athletes and artists expected to march into the 15 July 2006 Opening Ceremony at Chicago’s Soldier Field."
Gay Games "Late Registration" begins Sunday, 16 April 2006, with significant fees assessed for those who register late. Gay Games VII registration opened in July of 2004, earlier than any previous Gay Games. "Historically, 20% of Gay Games participants register in the last three months before the big event," said Suzanne Arnold, Gay Games Chicago Board Co-Chair. "We strongly encourage athletes to register by 15 April 2006 to ensure access to their preferred sport and so they can make appropriate travel and lodging arrangements."
Register by April 15th: http://www.gaygameschicago.org
Sports Reaching Capacity
Badminton, Soccer and Ice Hockey are nearly full. Tennis, Swimming, Volleyball and Basketball are running significantly ahead of projections and organizers encourage participants in each of these sports to register soon. Two sports are full – Golf and Sailing.
Find a Team or Teammate
Individuals looking for teams and teams needing players can use the online Gay Games "Team Sport Matchmaker" system. “All athletes will be matched with teams,” said Nancy Harris, Gay Games Chicago Sports Director, “so there is no need to delay registration.” Gay Games "Matchmaker" and registration are open at http://www.gaygameschicago.org.
Travel & Housing
With tens of thousands coming to Chicago for the 2006 Gay Games, many athletes, artists, family and fans are now turning their attention to travel, housing and immigration issues. Gay Games Chicago offers discounted travel and lodging but many housing options are filling fast. Complete information is available at http://www.gaygameschicago.org.
Immigration Assistance
Gay Games Chicago immigration staff are working directly with several U.S. embassies throughout the world to ensure the smooth entry of participants into the U.S. International participants who might require assistance with immigration and visa issues are encouraged to contact the Gay Games immediately at info@gaygameschicago.org or via phone at +1 (1) 773-907-2006.
About Gay Games VII
Gay Games VII Sports and Cultural Festival will take place 15-22 July 2006. Over 12,000 athletes from more than 100 countries will compete in 30 sports ranging from softball to dancesport, swimming to tennis. The weeklong event will include band, cheerleading and color guard performances, chorus, an ancillary arts festival, and a series of community-organized social events and parties. The opening ceremony is scheduled for 15 July at Soldier Field, the lakefront home stadium of American-style football’s Chicago Bears. Closing ceremony will be 22 July at Wrigley Field, the home of Major League Baseball’s Chicago Cubs, located in the heart of Chicago’s largest LGBT neighborhood.
Global sponsors of Gay Games VII include Lexiva®; PlanetOut/Gay.com; Q Television Network; Walgreens; Centaur Entertainment; The New York Times; Fleishman Hillard International Communications; Orbitz; Sydney New Mardi Gras; Windy City Media Group; Chicago Sun-Times; Olivia Cruises & Resorts; Lambda Legal Defense; McKnight Kurland Baccelli; American Airlines; Athletico; Human Rights Campaign; Chicago Free Press; Mate, Genre, Pink and Girlfriends Magazines; and more than 120 business sponsors.
ChicagoPride.com is an All-Star sponsor of the 2006 Chicago Gay Games.
http://www.chicagopride.com/news/article.cfm/articleid/3692404
I like your English..lOL
Maybe FIOS hasn't arrived there, yet.eom
IPTV is Big already in Asis this is a link to one site where it shows some......
http://www.chinasite.com/Media/Chinatv.html#Internet%20Radio%20and%20Television
Verizon Communications Inc. (NYSE:VZ), a Dow 30 company, is a leader in delivering broadband and other communication innovations to wireline and wireless customers. Verizon operates America's most reliable wireless network, serving 51.3 million customers nationwide; one of the most expansive wholly-owned global IP networks; and one of the nation's premier wireline networks, serving home, business and wholesale customers. Based in New York, Verizon has a diverse workforce of approximately 250,000 and generates annual consolidated operating revenues of approximately $90 billion. For more information, visit www.verizon.com.
With Verizon's FIOs there is faster Internet connection speeds and IPTV users are growing and QTN is involved........(I'll let you add your own logic to that..lol)
Verizon is HUGE-an excerpt about a transaction of sale of their South American division....this was the interesting info from that article on April 3rd-2006
These transactions will not affect the international operations of Verizon Business, a leading provider of advanced communications and information technology solutions to large business and government customers, with a network reach that extends to 150 countries and more than 2,700 cities on six continents.
IPTV Background.........Interesting...
2004 Nov 27
SPECIAL REPORT: TV, TODAY AND TOMORROW
Next: TV Meets IP
Internet technologies promise to soon take couch potatoes to worlds far beyond TiVo. Even phone companies could benefit big-time.
Just a few years ago, the fine art of watching TV seemed unlikely to change much. You watched programs when the networks told you to watch them. Maybe you taped them on a videocassette recorder. Either way, your choices were limited. Then along came the TiVo (TIVO ) digital video recorder, which as its 2 million loyal customers will tell you, added more than a little convenience to the coach potato's world.
Turns out, TiVo was just the start. A new wave of TV-related innovation called IP-TV is just starting to reach consumers. Just as the service known as voice over Internet protocol is poised to revolutionize the phone business by offering a low-cost Internet alternative to traditional phone service, IP-TV could bring Internet-style interactivity and flexibility to your TV set.
It won't happen overnight, of course. But over the next decade, the long-hyped notion of "video-on-demand" could become commonplace, allowing consumers to watch what they want, when they want to. They'll be able to control their IP-TV service remotely through a PC or a cell phone. And they'll be able to personalize their content, whether they want to watch the local high school football game or home movies.
"IT'S TIME." Certainly, reason for skepticism abounds. Over the years, a number of Internet-TV efforts such as Microsoft's (MSFT ) WebTV have come up short.
But skeptics can take heart. IP-TV projects are already under way, courtesy of big phone companies in Canada, Europe, Asia, and some rural small fry in the U.S. Customers of All West Communications in Kamas, Utah, Prairie Wave Communications in Sioux Falls, S.D., and Ringgold Telephone Co. in Ringgold, Ga., already receive IP-TV services most city folks have never even heard of.
"The big guys in other parts of the world are doing it, and the small guys here are doing it," says Mark Gray, CEO of Kasenna Networks, a Silicon Valley company that sells IP-TV technology to carriers. "It's time for the big guys here to do it, too."
STOP THE BLEEDING? Bit by bit, they are. On Oct. 20, massive SBC Communications (SBC ) inked a $1.7 billion contract with telecommunications gear maker Alcatel (ALA ) to turbocharge its network to bring 20 megabits-per-second of digital bandwidth to 18 million homes within two years. That's enough to simultaneously serve a TV show shown in high-definition format and a standard-definition program, with enough left over for high-speed Net access and Net-based phone service. SBC followed up that deal on Nov. 17 by announcing plans to spend $400 million on IP-TV software from Microsoft.
If IP-TV takes off, it will provide much-needed new opportunities to traditional phone companies that have built their businesses around wire lines. Besides losing customers to cell carriers in recent years, they've been losing out to cable-TV companies that are producing their own phone and Internet services. In many regions, cable providers have grabbed 30% of the traditional phone customers, say analysts.
IP-TV gives the phone companies a way to stop the bleeding. Take Ringgold. The 90-year-old carrier is offering IP-TV to 25% of its subscribers, about 1,200 so far. Executives see it as a way to ward off cable invaders. "What choice did I have?" says Executive Vice-President Phil Erly. "I'm not making any money yet, but it's a survival play.
Next: TV Meets IP
PERSONAL CHANNELS. Over time, IP-TV could put the phone companies back on the offensive. Cable outfits have spent billions of dollars in recent decades to build their high-capacity networks, which can deliver hundreds of channels to each household. But for the most part, everyone gets the same offerings, with few variations.
IP-TV can match that basic model, despite the fact that you actually receive only the program you choose -- not the other 200-plus channels that the cable system sends to your set-top box. With the right networking gear, it takes just milliseconds for a viewer to call up a program while channel surfing -- so fast most viewers won't notice the lag.
On top of that, the Net's inherent ability to be interactive could give IP-TV providers an edge. Using Microsoft's software, SBC plans to allow customers to set up their personal channels for things like slideshows of digital pictures.
"IN THE ICE AGE." Certainly, big questions remain. Microsoft's software isn't yet battle-hardened. A number of carriers, including Bell Canada, Swisscom, and Telecom Italia, have signed on to do limited pilot programs. But only Swisscom has gotten to the point of doing a trial run with the general public. SBC's plan is to start a test by the middle of 2005 with commercial deployment by yearend.
Smaller phone companies, which have far less complex operations, are moving faster. Ringgold has created a production studio that produces local political debates and a pregame show with a local high school coach. Early next year, it plans to offer a TiVo-like service that will let customers record shows and store them on Ringgold's servers, without having to own their own TiVo-style machine.
Still, even the little guys know they're only scratching the surface. "We're in the Ice Age," says Ringgold's Erli. He still needs to boost his current bandwidth to be able to offer HDTV-quality shows. He needs to get his hand on more content, because many shows and movies haven't yet been licensed for distribution by phone companies. And he has had to invest heavily in encryption technology to ensure that what he offers doesn't get pirated. "It's a significant amount we have to spend," he says.
ONE-STOP SHOP. Truth is, companies that have spent decades hawking phone lines have a lot to learn about the entertainment business. They have to rely on a growing market of IP-TV suppliers like Kasenna. After an 11-year effort, the company, which is a spin-off from struggling computer maker Silicon Graphics (SGI ), now offers everything a carrier would need to quickly deploy IP-TV.
Kasenna recently purchased a company that licenses programming, and it has developed its own software and hardware to handle intricacies, such as encryption. "Operators love this," says Gray. "They don't have to buy a $200,000 encryption system, and it saves them from the liability of employee [piracy]." Kasenna even offers marketing programs, from ads in Sunday circulars to TV spots, and tools to help operators figure out which programs or movies to advertise.
As a result, Kasenna expects to triple its sales this year to $30 million. Interestingly, much of that is coming from cable companies, including Charter Communications (CHTR ) and Adelphia (ADELQ ), that want IP-TV's extra flexibility.
BIG CHANGES. Now, the Mountain View (Calif.) company is trying to garner interest in a groundbreaking new service called Total TV. It allows carriers to continually record everything they've aired for the last two weeks. It's truly on-demand TV.
Skeptics say the people who create TV shows will likely demand sky-high licensing rates for such convenience. But it's one more sign that IP-TV could mean big changes for the coach potatoes of tomorrow.
---------
September 23, 2005 04:05 AM US Eastern Timezone
The Expansion of IPTV Market Size Will Yield a Revenues Increase, from 0.3 Billion RMB in 2005 to 16.7 Billion RMB in 2009
DUBLIN, Ireland--(BUSINESS WIRE)--Sept. 23, 2005--Research and Markets ( http://www.researchandmarkets.com/reports/c24671 ) has announced the addition of Internet VAS--Focus Report on IPTV 2005 to their offering.
This report is based on our solid understanding of the Chinese telecommunication and media markets, with a focus on telecom and VAS. We combined in-depth interviews with professionals in relevant industries with our broad collection of second-hand materials.
With the rapid growth of the broadband market, user demand for video services experienced rapid growth. Based on their core competencies, telecom operators, media players and various kinds of institutions with solid industry background have entered the IPTV market and begun small-scale promotion. However, strict regulations on content resources in the media industry and rampant piracy of domestic content make it difficult to predict the nature of the IPTV market. The questions explored in this report are:
How to create innovative business models that meet customer demands?
How to create demand for unique IPTV applications? Those problems pose significant challenges for the whole IPTV industry chain.
Due to slow progress of Digital TV in China, IPTV industry can develop with fairly wide window of opportunity. In the next 3-5 years, we predict that IPTV will face intense competition from traditional analog TV. With the progress of Digital TV and the demise of analog TV, IPTV will have to confront challenges brought by Digital-TV, but those two industries will compliment each other rather than compete for the same market
The increase of distribution platforms creates more opportunities to content generation segment. On the one hand, multi-platform distribution will definitely lead to a shortage of content resources and add bargaining power to content owners; On the other hand, there are more chances for repeated use of content recourses, second-time development and diversified VAS TV has the potential to change the user experience significantly.
The evolution from "passive reception" to "Video on Demand" until "Real-time Interactive experiences" represents a paradigm shift. However, considering ingrained consumption habits, willingness to pay and economical elements, we predict that traditional television programs will continue to take a dominant market position, while VoD and interactive television programs will gradually increase their market shares.
IPTV can help realize the convergence between traditional media and Internet VASs. Content from single television programs could be commercialized in online gaming, online music, e-commerce etc.
The key to innovative IPTV business models lies in taking advantage of its interactive characteristics. Utilizing features like time shifting and terminal diversity could satisfy users personalized demand for differentiated content.
SurfinNj-You are right, he was negative before.eom
Started today sofar traffic is for VDC:2,544,481.eom
Found this in my QTN alert
CED Magazine
Bresnan centralizes on simulcast
By Jeff Baumgartner, CED
4/10/2006 9:26:00 AM
Bresnan Communications is deploying digital simulcast feeds via a centralized platform from the Comcast Media Center and SES Americom.
The platform, dubbed the Total Digital Solution, enables operators to launch simulcast or all-digital service without big headend equipment investments. SES Americom’s AMC-4 satellite distributes dozens of basic and expanded channels, and CMC’s HITS (Headend In The Sky) digital overlay allows cable operators to pick and choose their video and audio lineups.
Bresnan is leveraging the system to offer digital simulcast – a technique in which analog channels are replicated in the digital domain – in Newcastle, Wyo. and Delta, Utah.
“The CMC’s content management capabilities permit us to digitally encode channels nearly six times more efficiently than headend-based solutions and provide an extensive array of high-quality video services that allow operators to remain competitive in their communities,” said CMC COO Gary Traver.
RealNetworks OK for ‘OCUR’
By Jeff Baumgartner, CED
4/10/2006 9:15:00 AM
CableLabs has approved a digital rights management (DRM) system from RealNetworks Inc. for the OpenCable Unidirectional Receiver (OCUR), a platform that enables cable video programming – including premium services and high-definition television content – to be delivered to PCs over high-speed connections and without the need for a separate set-top box.
The approval will give PC manufacturers the ability to build OCUR-based devices that incorporate Real’s universal Helix DRM platform. OCUR-enabled media center PCs will be equipped with a CableCARD slot. A CableCARD supporting the operator’s conditional access system will be required to authorize digital services on the PC.
“Our agreement with CableLabs is great for consumers because it will give them an easy way to take compelling video content and extend it throughout their digital home,” said RealNetworks Chairman & CEO Rob Glaser. “This initiative is also great for the cable industry because it will open up new opportunities for operators to develop innovative video services that bridge the traditional video world and the high-speed data parts of their businesses.”
CableLabs approval should push Real’s cable IPTV agenda forward. Among earlier work, Real’s DRM - as well as its media player and streaming servers – is supporting a “Broadband TV” trial in the San Diego area launched last summer by Time Warner Cable that delivers the operator’s expanded basic tier (about 75 channels, but no premium services) via IP to the PC.
“This DRM solution provides a secure environment while guaranteeing a high-quality customer experience. We hope this will lead to a competitive marketplace for secure DRM technologies,” said Time Warner Cable President & CEO and CableLabs Chairman Glenn Britt.
PC makers and cable operators already have multiple vendor options in this area, as RealNetworks marks the second company to win the OCUR seal of approval. In November 2005, CableLabs gave its blessing to Microsoft Corp.’s Windows Media Digital Rights Management (WMDRM) platform.
Motorola expands all-digital STB lineup
By Jeff Baumgartner, CED
4/10/2006 9:01:00 AM
Motorola Inc. has boosted its all-digital set-top portfolio with the introduction of the DCT3080 and the DCC100.
The DCT3080 is a standard-definition, dual-tuner set-top/digital video recorder. The set-top can also provide multi-room DVR capabilities when connected to a special network interface module (NIM) that supports the Multimedia over Coax Alliance (MoCA), a home networking technology that pipes data (including high-quality video) over existing home coax networks at speeds up to a theoretical 270 Mbps. Motorola’s NIM can also MoCA-enable other DCT models.
The vendor’s QIP set-top family, already in use with Verizon, supports MoCA natively.
The DCT3080 marks Motorola’s second go at an SD-DVR. Motorola once had plans for the DCT2600, a hybrid digital/analog SD-DVR, but removed it from the roadmap to focus on what became the DCT6412 HD-DVR.
“When we originally [offered] the DVR, it was targeted at high-end customers, so it didn’t make sense to offer it without HD,” a company spokesperson said. Since then, “massive DVR adoption” by consumers, especially those without HD sets, is pushing the need for SD-only DVRs. Indicative of that trend, Pace Micro Technology recently introduced “Vegas,” an all-digital dual-tuner SD-DVR.
Motorola’s DCC100, meanwhile, is a slimmed-down, all-digital satellite box that, thanks to embedded MoCA capabilities, will feed off of and play back content (digital video, photos, etc.) recorded on a primary DVR/set-top. The DCC100, just bigger than a standard deck of playing cards, is also capable of “down-converting” and playing back shows initially recorded to the DCT3080 in high-definition format. The DCC100, available this September, also supports a “proxied” DOCSIS Set-top Gateway (DSG), a standards-based signaling protocol.
Both boxes support the OpenCable Application Platform (OCAP), a middleware specified by CableLabs.
The DCC100 and DCT3080 complement the DCT700, Motorola’s first all-digital set-top.
Bresnan taps CMC for VOD
By Jeff Baumgartner, CED
4/10/2006 8:52:00 AM
Bresnan Communications is the latest MSO to leverage the Comcast Media Center’s national video-on-demand (VOD) content management and distribution service.
The CMC’s platform offers operators a range of VOD content creation, management and distribution services. Insight Communications and CMC corporate cousin Comcast Cable are already using the CMC to manage customized packages of VOD programming from a raft of TV networks and other sources.
The Colorado-based CMC launched VOD services in spring 2004. Its platform encodes and delivers more than 3,000 VOD “assets” per month, equating to roughly 1,200 hours of content.
“Providing on-demand services from the CMC platform broadens the variety of programming available to our customers and solidified this important competitive advantage [against DBS],” said Bresnan VP of Operations Jim Gemmill.
Bresnan has launched VOD in several markets in Montana, Colorado, and Wyoming.
CED seeks ’06 ‘Pacesetter Award’ nominations
By CED staff
4/10/2006 8:43:00 AM
CED is seeking nominations for its third-annual Pacesetter Awards. Each year, the awards recognize a select group of individuals at cable and other broadband service providers who have broken new ground or have taken innovative “first steps” with a particular advanced service, application or technology.
The 2006 Pacesetters – sponsored by Arroyo Video Solutions and Vyyo Inc. – will be awarded in the following five categories:
- High-speed data/IP convergence
- Telephony
- Digital video
- On-demand services
- Business services.
Nomination forms are available on the Web. The deadline for nominations is May 12, 2006. CED and the award sponsors will formally announce the 2006 Pacesetter Award winners during this year’s SCTE Cable-Tec Expo, set to run June 20-23 in Denver, Colo.
2006 will mark the third year for the Pacesetters. Last year’s winners included Paul Brooks and Matthew Stanek of Time Warner Cable (digital video category); Stephanie Mitchko of Cablevision Systems Corp. (on-demand services category); Bruce McLeod of Cox Communications (telephony category); Tom Buttermore, formerly of Charter Communications, now with Nortel Networks (high-speed data category); and Steve Santamaria, formerly of Charter Communications, now with Vyyo Inc. (business services category).
RGB supports TWC simulcast rollout
By Jeff Baumgartner, CED
4/10/2006 8:27:00 AM
Time Warner Cable is supporting a rollout of digital simulcast with RGB Networks’ Simulcast Edge Processor (SEP), a high-density device that handles decoding, modulation and upconversion.
Time Warner Cable has deployed the SEP in “several” systems in the Carolinas, Ohio and New York. The MSO also plans to deploy it in some Texas cable properties.
Digital simulcast, a long-term answer to bandwidth reclamation, replicates analog channels in the digital tier.
“With our rollout of digital simulcast, we are laying the necessary groundwork to deliver the all-digital package to our subscribers,” said Time Warner Cable SVP, New Product Development Kevin Leddy, noting that RGB’s SEP has been “instrumental” in the MSO’s simulcast strategy.
RGB has also announced simulcast deployments with Adelphia Communications.
Cox okays Ciena for metro, regional transport
By Jeff Baumgartner, CED
4/10/2006 8:21:00 AM
Cox Communications has certified Ciena Corp.’s FlexSelect Advanced Service Platform for deployment in the MSO’s metro and regional networks. Cox will use the gear to aggregate and transport traffic tied to residential voice, video and data services, as well as business offerings.
Cox has already deployed the CN 4200, the flagship of Ciena’s FlexSelect architecture, in “several” regions initially to support high-speed data and commercial services. The MSO is also using optical Ethernet equipment from the vendor for video-on-demand transport.
The CN 4200 supports a range of transport protocols, including Sonet, GigE and 10 GigE, as well as a set of storage platforms, including Fibre Channel, FICON and ESCON.
“Part of our ongoing strategy is to shift away from service-specific equipment and evolve to a converged, multi-service network that can adapt to the changing demands from residential and business customers over time,” said Cox Director of Network Architecture Darryl Ladd. The CN 4200, he added, will reduce Cox wavelength utilization and enable the company to leverage a single line card for Sonet, GigE and storage services on different reprogrammable ports, rather than needing to install different line cards or network devices.
Gemstar-TV Guide stirs in Java
By Jeff Baumgartner, CED
4/10/2006 8:17:00 AM
Gemstar-TV Guide International has introduced j-Guide, a Java-based interactive program guide (IPG) application for OCAP (OpenCable Application Platform).
The new offering, which promises a richer user interface, is the first from Gemstar to work with OCAP, a CableLabs-specified middleware.
The initial release of j-Guide will be targeted to CE devices that support OCAP and two-way CableCARDs, which means it will handle video-on-demand and other interactive cable applications. Gemstar plans to release it in late summer 2006. A “full-feature” version is set to debut in 2007. j-Guide will support Motorola and Scientific Atlanta digital cable systems.
The latest guide “combines all of the core i-Guide IPG features that operators have deployed today, plus new rich graphics, including 3D buttons, background imagery and translucent overlays,” said Mike McKee, Gemstar-TV Guide’s COO and president of the IPG division.
C-COR, OpenTV switch it up
By Jeff Baumgartner, CED
4/10/2006 8:09:00 AM
C-COR Inc. and OpenTV Corp. are getting into the switched digital broadcast (SDB) video business.
The companies, which will compete in the sector with vendors such as BigBand Networks and Scientific Atlanta, claim their version is the “first open architecture” for SDB.
The combo, which is being demonstrated this week, features OpenTV’s Core 2.0 middleware running on Motorola-made DCT2000/2500 digital boxes, alongside C-COR’s nABLE Global Session and Resource Manager and Harmonic Inc.’s Network Services Gateway.
SDB is growing popular with operators as they seek ways to free up bandwidth for other apps and services such as high-definition television and video-on-demand.
“This is the first time anyone has been able to offer a multi-vendor switched digital broadcast capability on broadly supported protocols for Motorola’s most widely-deployed set-top boxes,” said OpenTV Chairman & CEO Jim Chiddix, in a statement.
C-COR’s nABLE platform, traditionally used in support of VOD, has been extended to handle SDB.
“By leveraging C-COR’s extensive experience in delivering on-demand solutions and OpenTV’s leading client-side software, operators will be able to offer virtually unlimited broadcast programming, regardless of the set-top box, while drastically reducing bandwidth requirements,” said Michael Pohl, president of C-COR’s Global Strategies group.
VDC launches Internet-based direct-to-consumer video service
By Jeff Baumgartner, CED
4/10/2006 8:01:00 AM
VDC Corp. has taken the wraps off a “virtual” cable subscription service that delivers linear video programming directly to consumers over high-speed broadband connections.
To facilitate the offering, VDC, an eight-employee startup based in Northbrook, Ill., has carved out carriage agreements with programmers to deliver their networks via the Internet to PCs and handheld devices capable of running the Microsoft Windows Media Player.
VDC is launching the $11.95 per month service with enough carriage agreements in hand to deliver a lineup of roughly 20 channels, including Fashion TV, ShopNBC, MavTV, The Pentagon Channel, Q Television Network and Adrenaline Nation. Initially, VDC won’t support local broadcast channels, though it claims to have the technical capability to do so.
VDC Chairman Robert Heymann said his carriage contracts with programmers are very similar to those that cable and DBS providers pay – on a per subscriber/per month basis.
One obvious issue VDC will have to grapple with is QoS (quality of service) – something it can’t really offer because its service travels the public Internet. The company, which uses VC-1 coding, hopes to deal with that potential shortcoming via optimized routing and peering deals with major IP backbone providers and by offering video over variable bit rates that rise and fall based on the customer’s current connection speed, said company Chief Technology Officer Scott Wolf. Supported speeds range from 70 kbps on the low end for mobile phones, to 1.5 Mbps on the high end. Sling Media uses a similar approach with its “place-shifting” Slingbox product. But, unlike Sling Media, which places plenty of reliance on the generally lithe upstream path, VDC leverages typically fatter downstream pipes to broadcast its linear lineup.
VDC’s system can also support 4:3 and 16:9 aspect ratios natively. A 3 Mbps high-definition service is also on the roadmap, Wolf said. The company is also exploring video-on-demand and a premium movie tier.
Although VDC is open to potential partnerships with cable operators, most of its attention at this year’s show will be directed toward programmers, Heymann said.
VDC also views itself as a complementary –- rather than competitive -- video service to cable and DBS. The company believes its price point and “impulse buy” potential will help it sign up a projected 100,000 subscribers by year-end. Its target demographic? Males ages 18-34.
Broadband briefs for 4/10/06
By CED staff
4/10/2006 7:54:00 AM
* Motorola seals ‘major’ NCTC set-top deal
Motorola Inc. has cut a volume digital set-top deal with the National Cable Television Cooperative (NCTC), a consortium representing small- and mid-sized operators serving more than 14 million subs combined.
The multi-year deal includes a range of Motorola models, including the HD-DVR DCT6412 and all-digital DCT3412 models. The deal also covers the DCT2500E, a basic digital box that also houses an Ethernet port for networking media over the home network, and the newly-released DCT3080, a standard-def, all-digital set-top with an on-board DVR.
Financial terms of the agreement were not disclosed.
* Juniper plays security card
Juniper Networks Inc. has introduced a PacketCable Multimedia (PCMM)-based system that monitors for and mitigates elements that threaten the security of cable broadband networks.
Designed to protect VoIP and SIP-based services against network security attacks, Juniper’s Cable Dynamic Threat Mitigation platform integrates the vendor’s routing platforms, Intrusion Detection and Prevention (IDP) devices and SDX Service Deployment System. It also hooks into PCMM-compliant cable modem termination systems (CMTSs).
The platform, which monitors for attacks (a distributed denial of service or spoofing attack, for example) on a per-user, per-application or on-demand basis, enables MSOs to identify and isolate security threats so that infected customers and operations staff can be notified, the company said. Depending on the nature of the threat, operators can choose to rate limit or filter traffic, drop the call, or redirect the user to a Web portal and automatically re-establish service once the threat is eliminated.
That would be too fishy..lol.eom
Morning-Hmmmmmmmm.....wonder....readings are starting to show up fast and furious...lol
QBID'S 4th. Tarot Reading 4-5-2005
4. Something is already being tested behind the scenes, it is a new thing. It may not be apparent to us yet. QTN won't release it until it is ready. Nothing half hiny from QTN, it is a technical or Internet thing.
QBID'S 5th. Tarot Reading 6-25-2005
12. Shows on QTN are going to get lots of positive comments in the media. Many are going to be very successful.
(GLAAD maybe)
QBID 7th Tarot Reading October 16th 2005
10. Lots of publicity about QTN all around the world.
11. Someone is holding the reigns very tight and is determined to get information out worldwide. It is like a headlight or laser beam. This plan (the Destiny card) was devised by someone, but it may be executed by someone else. In the olden day this would have been hard to accomplish, but now it will be very easy. Internet is responsible for the ease of execution.
13. There is a marketing master plan somebody has and it will put QTN in alliance with many other companies in advertising and sales. Kind of the Octopus effect...;o}
14. There is going to be a American company coming in and this will bring a fortune in to QTN not only money but publicity in US. Feel it is Verizon or some kind of communication company. Everything will suddenly increase. The program "Q on the Move" had something to do with this lucky situation.
LOOK HERE....April 10, 2006-5th paragraph
Especially for you Skunkyard...Thanks for your posts...;o}
'L Word,' 'Will & Grace' Win GLAAD Media Awards
By Christopher Lisotta
Showtime's Sapphic-themed drama "The L Word" and NBC's veteran sitcom "Will & Grace" took home GLAAD Media Awards on Saturday as part of the Gay & Lesbian Alliance Against Defamation's award ceremony at Hollywood's Kodak Theatre.
Story continues below...
"The L Word" won for outstanding drama series, while "Will & Grace" took the award for outstanding comedy. Sundance Channel and Logo's "TransGeneration" won for outstanding documentary, while CBS's "Cold Case" and NBC comedy "My Name Is Earl" tied in the outstanding individual episode category.
Actress Charlize Theron received GLAAD's Vanguard Award, and musician Melissa Etheridge was the recipient of the Stephen F. Kolzak Award.
Logo will televise the awards April 15, with a telecast April 16 on VH1.
On March 27, at a separate GLAAD awards ceremony in New York, here!, Logo and Q Television Network received the Barbara Gittings Award, FX's "30 Days" won for outstanding reality program, and "The Oprah Winfrey Show" won for outstanding talk show episode. Discovery Times Channel and ESPN's "SportsCenter" took home TV journalism awards.
Additional awards will be distributed May 25 in Miami and June 10 in San Francisco.
http://www.tvweek DOT com/news.cms?newsId=9737
Stock Market Glossary:FYI In case you need this for future ref.........
PREFERRED STOCK: part of the CAPITAL STOCK of a corporation that enjoys priority over the remaining stock, or COMMON STOCK, in the distribution of dividends and in the event of dissolution of the corporation, also in the distribution of assets.
CAPITAL STOCK : amount of money or property contributed by STOCKHOLDERS to be used as the financial foundation for the corporation. It includes all classes of COMMON and PREFERRED STOCK.
Outstanding shares = capital stock
OUTSTANDING SHARES:
Stock currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock. They are also known as "issued shares" or "issued and outstanding".
This number is shown on company's' balance sheets under the heading Capital Stock and is more important than the authorized shares or float. It is used in the calculation of many widely used metrics including "market capitalization" and "Earnings-per-Share (EPS)".
Stock Market Glossary:FYI
12(b)-1 Fee
Fee assessed shareholders by the mutual fund for some of its promotional expenses. A 12b-1 fee must be specifically registered as such with the Securities and Exchange Commission and the fact that such charges are levied must be disclosed.
13 Week Treasury Bill - IRX
The T-Bill index - (IRX) is based on the discount rate of the most recently auctioned 13-week U.S.Treasury Bill. The new T-bill is substituted weekly on the trading day following its auction, usually a Monday.
Actual EPS, CPS, or DPS
Reported annual Earnings Per Share (EPS -Trailing 12 months), cash flow (CPS) or Dividends Per Share (DPS) for a company for the fiscal year indicated. For companies which report on a quarterly basis, this information will contain the sum of the actual earnings, cash flow or dividends for the previous four quarters. For companies that report semi-annually, the field will contain the sum of the previous two semi-annual actuals.
After Hours Best Ask
The price at which someone who owns a security offers to sell a Nasdaq security during the current day’s After Hours market; also known as the asked price. Investors may trade in the After Hours Market (4:00-6:30 p.m. ET for Nasdaq stocks and 4:00-8:00 p.m. ET for NYSE and Amex stocks). Participation by Market Makers and ECNs is strictly voluntary and as a result, this session may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders. NASD Rule 3350 (the Short Sale Rule) will initially not apply during 4:00 p.m. to 8:00 p.m. ET.
After Hours Best Bid
The price a prospective buyer is prepared to pay at a particular time for trading a Nasdaq security during the current day’s After Hours market. Investors may trade in the After Hours Market (4:00-6:30 p.m. ET for Nasdaq stocks and 4:00-8:00 p.m. ET for NYSE and Amex stocks) on The Nasdaq Stock Market. Participation by Market Makers and ECNs is strictly voluntary and as a result, this session may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
After Hours High
The after hours high represents the highest price a person purchased this security during the current day’s After Hours trading session. Investors may trade in After Hours Market (4:00-6:30 p.m. ET for Nasdaq stocks and 4:00-8:00 p.m. ET for NYSE and Amex stocks). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
After Hours Last Sale
An electronic entry by an NASD Member firm representing the price involved in a transaction of a Nasdaq security during the current day’s After Hours session. The trade report must be submitted to Nasdaq within 90 seconds after the execution of the trade. Investors may trade in the After Hours Market (4:00-6:30 p.m. ET for Nasdaq stocks and 4:00-8:00 p.m. ET for NYSE and Amex stocks). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
After Hours Low
The after hours low represents the lowest price a person purchased this security during the After Hours trading session. Investors may trade in the After Hours Market (4:00-6:30 p.m. ET for Nasdaq stocks and 4:00-8:00 p.m. ET for NYSE and Amex stocks). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
After Hours Volume
An electronic entry by an NASD Member firm representing the number of shares involved in a transaction of a Nasdaq security during the current day’s After Hours session. The trade report must be submitted to Nasdaq within 90 seconds after the execution of the trade. Investors may trade in After Hours Market (4:00-6:30 p.m. ET for Nasdaq stocks and 4:00-8:00 p.m. ET for NYSE and Amex stocks). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
After Hours % Change
After Hours Percent change represents the percent increase/decrease between the last sale and the Market Close. See Market Close.
American Depositary Receipt (ADR)
A security, created by a U.S. bank, that evidences ownership to a specified number of shares of a foreign security held in a depositary in the issuing company's country of domicile. The certificate, transfer, and settlement practices for ADRs are identical to those for U.S. securities. U.S. investors often prefer ADRs to direct purchase of foreign shares because of the ready availability of price information, lower transaction costs, and timely dividend distribution.
American Stock Exchange (AMEX)
The second-oldest U.S. stock exchange, located on Wall Street in New York City. Started as an alternative to the NYSE, the AMEX originating on the curb outside the NYSE, where brokers traded stocks that failed to meet the Big Board's listing requirements. Considerably smaller in market capitalization and trading volume than NASDAQ and the NYSE, the AMEX conducts trading through a centralized specialist system and is home primarily to small and medium-sized companies
AMEX Composite - XAX
The AMEX Composite Index - (XAX) the American Stock Exchange introduced a new AMEX Composite Index with a new ticker symbol, XAX, on January 2, 1997. The XAX is a market capitalization-weighted, price appreciation index, and replaces the AMEX Market Value Index (XAM) which, since its inception, has been calculated on a "total return basis" to include the reinvestment of dividends paid by AMEX companies. The new AMEX Composite Index is more comparable with other major indexes, which reflect only the price appreciation of their respective components.
Analyst
A person with expertise in evaluating financial investments; he or she performs investment research and makes recommendations to institutional and retail investors to buy, sell, or hold; most analysts specialize in a single industry or business sector.
International Analyst Coverage
NASDAQ.com displays US research coverage only; in many cases, non-US related research coverage can be accessed on the homepage of respective companies.
Announcement Date
The date on which the company first made news of the split public.
Ask
The price at which someone who owns a security offers to sell it; also known as the asked price. (See also "Best Ask".)
Assets
Any possessions that has value in an exchange.
Average Daily Share Volume
The number of shares traded per day, averaged over a period of time, usually one year.
Average Maturity
The average time to maturity of securities held by a mutual fund. Changes in interest rates have greater impact on funds with longer average life.
Beginning Net Asset Value
The market value of a fund share on a predetermined start date.
Best Ask
The price at which someone who owns a security offers to sell it; also known as the asked price. Please note that the New York Stock Exchange and the American Stock Exchange do not provide Ask information on a delayed basis. (See also "Ask".)
Best Bid
The price a prospective buyer is prepared to pay at a particular time for trading a unit of a given security. Please note that the New York Stock Exchange and the American Stock Exchange do not provide Bid information on a delayed basis. (See also "Bid".)
Beta
A measure of the volatility of a stock relative to the overall market. A beta of less than one indicates lower risk than the market; a beta of more than one indicates higher risk than the market. Nasdaq.com uses the S&P 500 as the underlying index to measure the overall market for beta.
Bid
The price a prospective buyer is prepared to pay at a particular time for trading a unit of a given security. (See also "Best Bid".)
Capital Gains Distribution
Payments to mutual fund shareholders of profits from the sale of securities in a fund's portfolio. Capital gains distributions (if any) are usually made annually.
Common Stocks
The basic form of equity ownership in a corporation.
Consensus Rating
The average of analysts recommendations for a single entity. As many brokers have different ratings systems, their recommendations must be standardized so that a consensus can be calculated. The I/B/E/S ratings are calculated using a standard set of recommendations, maintained by I/B/E/S, each with an assigned numeric value:
1. Strong Buy
2. Buy
3. Hold
4. Underperform
5. Sell
Each recommendation received from the analysts is mapped to one of the I/B/E/S standard ratings. Assigning a numeric value to the broker text enables I/B/E/S to calculate a consensus recommendation. This consensus recommendation appears as the mean (average) of the assigned values.
Date of Record
The date on which a shareholder must officially own shares in order to be entitled to a dividend.
Days to Cover
Calculated as the aggregate short interest for the month divided by the average daily share volume traded for the period between short interest settlement dates. If days to cover is between 0 and 1, it is rounded up to 1 on Nasdaq.com
Debt to Equity Ratio
Long-term debt divided by shareholders' equity, showing relationship between long-term funds provided by creditors and funds provided by shareholders; high ratio may indicate high risk, low ratio may indicate low risk.
Deleted
A security is no longer included in The Nasdaq Stock Market.
Distribution Date
Date on which the payout of realized capital gains on securities in the fund portfolio occurred.
Diversification
The acquisition of a group of assets in which returns on the assets are not directly related over time. Proper investment diversification is intended to reduce the risk inherent in particular securities. An investor seeking diversification for a securities portfolio would purchase securities of firms that are not similarly affected by the same variables. For example, an investor would not want to combine large investment positions in airlines, trucking and automobile manufacturing because each industry is significantly affected by oil prices and interest rates.
Dividend
Distribution of earnings to shareholders, prorated by the class of security and paid in the form of money, stock, scrip, or, rarely, company products or property. The amount is decided by the Board of Directors and is usually paid quarterly. Mutual fund dividends are paid out of income, usually on a quarterly basis from the fund's investments.
Dow Jones Industrial Average - DJIA
The Dow Jones Industrial Average index - (DJIA) is a price-weighted average of 30 actively traded blue chip stocks, primarily industrials but including American Express Co. and American Telephone and Telegraph Co. Prepared and published by Dow Jones & co., it is the oldest and most widely quoted of all the market indicators. The components, which change from time to time, represent between 15% and 20% of the market value of NYSE stocks. The DJIA is calculated by adding the closing prices of the component stocks and using a divisor that is adjusted for splits and stock dividends equal to 10% or more of the market value of an issue as well as substitutions and mergers. The average is quoted in points, not in dollars.
Down on Unusual Volume
Refers to a decrease in stock price for stocks exhibiting unusual volume. See our FAQs section for additional information regarding Unusual Volume.
Dual Listed
For the purpose of this website - A company which lists its securities on both The NASDAQ Stock Market and the New York Stock Exchange.
EBITDA
Earnings before interest, taxes, depreciation, and amortization.
Effective Annualized Seven-Day Yield
Yield for 7 day period including the day reported, calculated by adding 1 to the base period return used in calculating the standard 7 day yield raising the total to the power of 365 divided by 7 and subtracting 1 (NOTE: To be reported on Wednesday only).
Earnings Per Share (EPS)
The EPS listed on our infoquote and Summary Quote page is "12-mos Rolling". EPS represents the portion of a company's profit allocated to each outstanding share of common stock. Net income (reported or estimated) for a period of time is divided by the total number of shares outstanding (TSO) during that period; See growth rate measures for EPS.
Electronic Data Gathering, Analysis, and Retrieval EDGAR
An electronic system implemented by the SEC that is used by companies to transmit all documents required to be filed with the SEC in relation to corporate offerings and ongoing disclosure obligations. EDGAR became fully operational mid-1995.
Ending Net Asset Value
The market value of a fund share on a predetermined end date.
Ex-dividend
Interval between the announcement and the payment of the next dividend.
Ex-dividend Date
The date on or after which a security begins trading without the dividend (cash or stock) included in the contract price.
Expense Ratio
The proportion of assets of a mutual fund required to pay annual operating expenses and management fees. If a fund charges an annual fee of 50c per $100 of net assets, the expense ratio will be .5%. The expense ratio is independent of any sales fees.
Family of Funds
Group of mutual funds managed by the same investment management company. Each fund typically has a different objective; one may be a growth-oriented stock fund, whereas another may be a bond fund or money market fund. Shareholders in one of the funds can usually switch their money into any of the family's other funds, sometimes at no charge. Family of funds with no sales charges are called no load families. Those with sales charges are called load families.
Fiscal Periods
Because not all companies have the same fiscal year end, we, in cooperation with I/B/E/S, use FY1, FY2, etc., to identify unique fiscal periods for forecast data. For comparison purposes, I/B/E/S rounds off the quarter end dates to the nearest month end.
The following is a description of how this labeling works:
FY = fiscal year
Q = quarter
SAN = semiannual
The most recently reported earnings number is denoted with a zero (0). Then, the first estimate year is denoted with a one (1), the year after that, a two (2), and so on. So, as an example, if FY0 corresponds to the December 96 year end reported, then FY1 data refers to estimates for December 97, FY2 refers to estimates for the December 98 year end, and so on. Use the same conventions for interim periods (quarter and semiannual).
Footnotes:
Footnote A
To be used if the fund's return to shareholders may differ due to capital gains or losses. This footnote applied to money market funds only.
Footnote B
To be used if there are any sales charges or account charges which impact yield. This footnote applies to money market funds only.
Footnote C
Return of Capital information is being submitted for the year in the Capital Gains Distribution field.
Footnote D
To be used on any day that a mutual fund's net asset value is reduced by a capital gains distribution.
Footnote F
To be used by any type of fund that reports quotations as of the day prior to the day of reporting.
Footnote G
To be used if the fund's capital gains figure includes short term gains.
Footnote N
To be used by mutual funds when the fund does not have a sales load, i.e. there is no front-end and no contingent deferred sales load.
Footnote P
To be used by mutual funds if the fund has adopted a rule 12(b)1 distribution plan under which a specific charge is made against the net assets of the fund.
Footnote R
To be used by mutual funds with redemption fees, contingent deferred sales charges, or other charges deducted from net asset value upon redemption (other than charges for special services such as wire transfer).
Footnote S
To be used on the ex-date for stock splits or stock dividends.
Footnote T
To be used if the fund began reporting prices to Nasdaq during the current year (in this case 1999).
Footnote X
To be used by mutual funds on any day a fund goes ex-dividend.
Foreign
A non U.S. company with securities trading on The Nasdaq Stock Market.
Gold - GOX
The CBOE Gold Index - (GOX) is an equal-dollar-weighted index composed of 10 companies involved primarily in gold mining and production. The index is re-balanced after the close of business on expiration Friday on the March quarterly cycle.
Growth Rate Measures for EPS
* Current year/last year % growth shows the percent change between the current year's Forecasted mean EPS estimate and the last reported actual EPS
* Next year/current year % growth shows the percent change between next year's forecasted mean EPS estimate and the current year's forecasted mean estimate
* Historical EPS growth % (historical 5 year growth)shows the average annual EPS growth for the company over the past five years
* 5 year growth median is the median annual growth forecast over the next five years
* 12 Month Forward % Growth is the projected growth in the company's EPS over the next 12 months (PEG Ratio)
Held
A situation where a security is temporarily not available for trading (e.g. Market Makers are not allowed to display quotes).
Inside Market
The highest bid and the lowest offer prices among all competing Market Makers in a Nasdaq security, i.e., the best bid and offer prices.
IPO Date
The date that the security started publicly trading.
IPV
Ordinarily calculated during the trading day, based upon the current market value of the securities in a Creation Unit together with an applicable cash amount on a given business day, and represented on a per ETF-share basis, as described in its prospectus
Last Sale Reporting
An electronic entry by NASD Members to The Nasdaq Stock Market of the price and the number of shares involved in a transaction in a Nasdaq security. The trade reported must be submitted to Nasdaq with 90 seconds of the execution of the trade.
Limit Order
A Limit Order is an order to buy or sell a stock at a customer specified price.
Load Fund
Mutual Fund that is sold for a sales charge by a brokerage firm or other sales representative. Such funds may be stock, bond or commodity funds, with conservative or aggressive objectives.
Long Term Gain
A gain on the sale of a capital asset where the holding period was twelve months or more and the profit was subject to the long term capital gains tax.
Management's Discussion and Analysis (MD&A)
A key area looked at by analysts; an interpretive section of the prospectus and of the annual report, frequently called the Financial Review.
Margin account
A brokerage account that permits an investor to purchase securities on credit and to borrow on securities already in the account. Buying on credit and borrowing are subject to standards established by the Federal Reserve and by the firm carrying the account. Interest is charged on any borrowed funds only for the period of time the loan is outstanding.
Market Category
The market it trades on, either Nasdaq National Market(NNM) or Nasdaq SmallCap Market (SCM).
Market Close
An electronic entry by NASD Members to The Nasdaq Stock Market of the regular trading day's last reported trade. Investors may trade during the regular trading session from 9:30am - 4:00pm. Trades must be submitted to Nasdaq within 90 seconds of the execution of the trade by an NASD Member Firm.
Market Close Date
Date on which the closing Net Asset Value (NAV) was last calculated.
Market Makers
The NASD member firms that use their own capital, research, retail and/or systems resources to represent a stock and compete with each other to buy and sell the stocks they represent. There are over 500 member firms that act as Nasdaq Market Makers. One of the major differences between The Nasdaq Stock Market and other major markets in the U.S. is Nasdaq's structure of competing Market Makers. Each Market Maker competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the Market Maker will immediately purchase for or sell from its own inventory, or seek the other side of the trade until it is executed, often in a matter of seconds.
Market Maker Spread
The difference between the price at which a Market Maker is willing to buy a security and the price at which the firm is willing to sell it i.e., the difference between a Market Maker's bid and ask for a given security. Since each Market Maker positions itself to either buy or sell inventory at any given time, each individual Market Maker spread is not indicative of the market as a whole. (See also "Inside Market".)
Market Order
A Market Order is an order to buy or sell a stock at the market's current best displayed price.
Market Surveillance
The department responsible for investigating and preventing abusive, manipulative, or illegal trading practices on The Nasdaq Stock Market. Considerable resources are devoted to surveilling The Nasdaq Stock Market. A vast array of sophisticated automated systems reviews each trade and price quotation on an on-line, real-time basis. Off-line computer-based analyses are conducted to evaluate trading patterns on a monthly, weekly and daily basis.
Whenever any of these automated systems indicate unusual price or volume in a stock, Nasdaq Market Surveillance analysts determine if this was the result of legitimate market forces or perhaps a violation of rules. Among other things, analysts review press releases, review historical trading activity, interview brokers, Market Makers, and Nasdaq-listed company officials. Market Surveillance continues its inquiries until unusual movements are adequately explained.
If legitimate market forces were at work the case is closed without action. If it appears rule violations have occurred, a disciplinary action is initiated. Where corporate insiders or members of the investing public are involved in a potential violation, the case will be referred to the SEC.
Market Value
For NASDAQ-listed securities, the price per share of the specified security multiplied by the number of shares outstanding for the specified security. The shares outstanding number used in this market value calculation is the number used by NASDAQ for index calculation and may not include all shares globally issued and outstanding.
Maturity Date
The date on which the principal amount of a bond is to be paid in full.
Material News
News released by a Nasdaq company that might reasonably be expected to affect the value of a company's securities or influence investors decisions. Material news includes information regarding corporate events of an unusual and non-recurring nature, news of tender offers, unusually good or bad earnings reports, and a stock split or stock dividend. (See also "Trading Halt".)
Mean
The mathematical average of a range of numbers (calculated by dividing the sum total of all the items in the range by the total number of items in the range).
Median
The middle number in a defined distribution; when looking at estimates, median refers to the estimate above and below which lie an equal number of estimates for the period indicated.
Money Market Fund
Open-ended mutual fund that invests in commercial paper, banker's acceptances, repurchase agreements, government securities, certificates of deposit, and other highly liquid and safe securities, and pays money market rates of interest. The fund's net asset value remains a constant $1 a share, only the interest rate goes up or down.
Most Active
Most active Nasdaq National Market stocks.
Mutual Fund
Fund operated by an investment company that raises money from shareholders and invests it in stocks, bonds, options, commodities or money market securities.
Nasdaq Composite Index - The Nasdaq Composite Index measures all Nasdaq domestic and non-U.S. based common stocks listed on The Nasdaq Stock Market. The Index is market-value weighted. This means that each company's security affects the Index in proportion to it's market value. The market value, the last sale price multiplied by total shares outstanding, is calculated throughout the trading day, and is related to the total value of the Index.
Today the Nasdaq Composite includes over 5,000 companies, more than most other stock market indexes. Because it is so broad-based, the Composite is one of the most widely followed and quoted major market indexes.
Nasdaq International Ltd. A subsidiary of the NASD headquartered in London, England. Its mission is to support NASD members in London, serve as a liaison to international companies seeking to list securities on Nasdaq, encourage foreign institutional participation in Nasdaq stocks, and to heighten the international image of the NASD and its markets.
Nasdaq International Service An extension to The Nasdaq Stock Market's trading systems that allows early morning trading from 3:30 to 9:00 A.M. Eastern Standard Time on each U.S. trading day. This Nasdaq service enables participants to monitor trades during London market hours. NASD members are eligible to participate in this session through their U.S. trading facilities or through those of an approved U.K. affiliate.
Nasdaq National Market Securities
The Nasdaq National Market consists of over 3,000 companies that have a national or international shareholder base, have applied for listing, meet stringent financial requirements and agree to specific corporate governance standards. To list initially, companies are required to have significant net tangible assets or operating income, a minimum public float of 500,000 shares, at least 400 shareholders, and a bid price of at least $5. The Nasdaq National Market operates from 9:30 A.M. to 4:00 P.M. EST, with extended trading in SelectNet from 8:00 A.M. to 9:30 A.M. EST and from 4:00 P.M. and 5:15 P.M. EST.
NASDAQ Close (NOCP)
The NASDAQ® Official Closing Price (NOCP) is a process for identifying the NASDAQ market-specific closing price for NASDAQ-listed issues. The NOCP replaces the NASDAQ market-specific closing price that was based solely on the last reported NASDAQ trade. Subject to review by NASDAQ MarketWatch, the NOCP will equal the normalized price of the last trade reported to NASDAQ’s proprietary trade reporting system—Automated Confirmation Transaction ServiceSM (ACTSM—with a last sale eligible sale condition modifier as of 4:00:02 p.m., US Eastern Time. "Normalizing" the NOCP means it will be adjusted to the nearest prevailing inside quote whenever the last sale is reported away from the inside market. Market participants, data distributors and investors will be provided with the NOCP for all NASDAQ National Market® and SmallCap securities.
Date of NOCP
This field refers to the date the NOCP was disseminated for a given stock. It is possible that the date will not be from the prior day; this indicates that the stock didn't trade on NASDAQ on the prior day. The NOCP is updated only when the stock is traded on NASDAQ.
NASDAQ Official Open Price
NASDAQ Official Opening Price: This process identifies the NASDAQ-specific opening prices for NASDAQ-listed issues.
Date of the NASDAQ Official Open Price
This field refers to the date the NASDAQ Official Open Price was disseminated for a given stock. It is possible that the date will not be from the current trading day; this indicates that the stock didn't trade on NASDAQ during the current trading day. The NASDAQ Official Open Price is updated only when the stock is traded on NASDAQ.
Nasdaq SmallCap Market Securities
The Nasdaq SmallCap Market comprises of over 1,400 companies that want the sponsorship of Market Makers, have applied for listing and meet specific and financial requirements. Once a company is approved and listed on this market, Market Makers are able to quote and trade the company's securities through a sophisticated electronic trading and surveillance system. The Nasdaq SmallCap Market operates from 9:30 A.M. to 4:00 P.M. EST., with extended trading in SelectNet from 8:00 A.M. to 9:30 A.M. EST and from between 4:00 P.M. and 5:15 P.M. EST.
Nasdaq-100 Index - The Nasdaq-100 Index includes 100 of the largest non-financial domestic companies listed on the Nasdaq National Market tier of The Nasdaq Stock Market. Launched in January 1985, each security in the Index is proportionately represented by its market capitalization in relation to the total market value of the Index.
The Index reflects Nasdaq's largest growth companies across major industry groups. All index components have a minimum market capitalization of $500 million, and an average daily trading volume of at least 100,000 shares.
The number of securities in the Nasdaq-100 index makes it an effective vehicle for arbitrageurs and securities traders. In October 1993, the Nasdaq-100 Index began trading on the Chicago Board Options Exchange. On April 10, 1996 the Chicago Mercantile Exchange began trading futures and futures options on the Nasdaq-100 Index.
National Association of Securities Dealers, Inc. (NASD)
The self-regulatory organization of the securities industry responsible for the regulation of The Nasdaq Stock Market and the over-the-counter markets. The NASD operates under the authority granted it by the 1938 Maloney Act Amendment to the Securities Exchange Act of 1934.
Net Asset Value (NAV)
The market value of a fund share, synonymous with a bid price. In the case of no-load funs, the NAV, market price, and offering price are all the same figure, which the public pays to buy shares; load fund market or offer prices are quoted after adding the sales charge to the net asset value. NAV is calculated by most funds after the close of the exchanges each day by taking the closing market value of all securities owned plus all other assets such as cash, subtracting all liabilities, then dividing the result (total net assets) by the total number of shares outstanding. The number of shares outstanding can vary each day depending on the number of purchases and redemptions.
Net Change
The difference between today's last trade and the previous day's last trade. The difference between today's closing Net Asset Value (NAV) and the previous day's closing Net Asset Value (NAV).
Net Income
Income after all expenses and taxes have been deducted, and used in calculating a variety of profitability and stock performance measures.
New York Stock Exchange (NYSE)
The oldest U.S. stock exchange, located on Wall Street in New York City. Tracing its origins to 1792, the NYSE is one of the few remaining financial markets to use a physical trading floor to conduct trading. Representatives of buyers and sellers, know a specialists, meet and shout out prices in an "open outcry system." Often referred to as the Big Board.
Number of Estimates (# of Est)
Number of analysts included in the Mean EPS forecast.
NYSE Composite Index - NYSE
The NYSE Composite Index - (NYSE) is a market value-weighted index which relates all NYSE stocks to an aggregate market value as of Dec. 31, 1965, adjusted for capitalization changes. The base value of the index is $50 and point changes are expressed in dollars and cents.
No Load Fund
Mutual Fund offered by an open end investment company that imposes no sales charge (load) on its shareholders. Investors buy shares in no-load funds directly from the fund companies, rather than through a broker as is done in load funds. Many no-load fund families allow switching of assets between stock, bond, and money market funds. The listing of the price of a no-load fund in the newspaper is accompanied by the designation NL. The net asset value, market price and offer prices of this type of fund are exactly the same, since there is no sales charge.
No Quote (NQ)
No Market Makers making an inside market at this time.
Offer Price
The price at which the shares were originally offered to the public.
Open Order
An order to buy or sell a security that remains in effect until it is either canceled by the customer or executed.
OTC Bulletin Board (OTCBB)
The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ or a national securities exchange. Approved by the SEC in 1997, OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs).
Other OTC
A security that is neither listed on Nasdaq or any stock exchange, nor quoted on the Pink Sheets or the OTCBB; bids and offers are not centrally collected
Pacific Exchange (PSE)
Located in San Francisco, and started in 1882. The exchange trades equities and options.
P/B Ratio (Price/Book Ratio)
A stock analysis statistic in which the price of a stock is divided by the reported book value (as of the date specified) of the issuing firm.
P/C Ratio (Price/Cash Flow Ratio)
A financial ratio that compares stock price with cash flow from operations per outstanding shares.
P/E Ratio (Price/Earnings Ratio)
A stock analysis statistic in which the current price of a stock (today's last sale price) is divided by the reported actual (or sometimes projected, which would be forecast) earnings per share of the issuing firm; it is also called the "multiple".
P/S Ratio (Price/Sales Ratio)
A financial ratio that compares stock price with sales per share (or market value with total revenue).
Payment Date
The date on which a dividend or split will be paid to stockholders by the issuers' paying agents. The payable date is the date on which one must own the shares (at the close of the session) in order to receive the split.
Penalty Bid
A Syndicate Penalty Bid can be displayed on the Nasdaq System during the period of a registered public offering of a security. Such a bid may be entered by the managing underwriter or a member of the underwriting group acting on its behalf, and is intended to facilitate the offering by stabilizing the price of the security during the distribution period. This activity is permissible under SEC Rule 10b-7.
Pre-Market High
The Pre-Market high represents the highest price a person purchased this security during the Pre-Market session. Investors may trade in the Pre-Market (8:00-9:30 a.m. ET). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
Pre-Market Last Sale
An electronic entry by an NASD Member firm representing the price involved in a transaction of a Nasdaq security during the Pre-Market session. The trade report must be submitted to Nasdaq within 90 seconds after the execution of the trade. Investors may trade in the Pre-Market (8:00-9:30 a.m. ET). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
Pre-Market Low
The Pre-Market low represents the lowest price a person purchased this security during the Pre-Market session. Investors may trade in the Pre-Market (8:00-9:30 a.m. ET). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
Pre-Market % Change
Pre-Market Percent change represents the percent increase/decrease between the last sale and the Market Close. See Market Close.
Pre-Market Volume
An electronic entry by an NASD Member firm representing the number of shares involved in a transaction of a Nasdaq security during the Pre-Market. The trade report must be submitted to Nasdaq within 90 seconds after the execution of the trade. Investors may trade in Pre-Market (8:00-9:30 a.m. ET). Participation by Market Makers and ECNs is strictly voluntary and as a result may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders.
Pre-Syndicate Bid
A Pre-Syndicate Bid can be entered in the Nasdaq System to stabilize the price of a Nasdaq security prior to the effective date of a registered secondary offering. This activity is permissible under SEC Rule 10b-7.
Previous Day's Close
The previous trading day's last reported trade. The Previous Day's Close on the Nasdaq Web site is updated at 3:30 A.M.
Previous NAV
The Net Asset Value (NAV) from previous trading day. The Previous NAV on the Nasdaq Web site is updated at 4:30 P.M.
Principal Orders
Refers to activity by a broker/dealer when buying or selling for its own account and risk.
Quarterly Report (10 Q)
A report, which public companies are required to file quarterly with the SEC, that provides unaudited financial information and other selected material.
Real-time Trade Reporting
A requirement imposed on Market Makers (and in some instances, non-Market Makers) to report each trade immediately after completion of the transaction. Stocks traded on The Nasdaq Stock Market are subject to real-time trade reporting within 90 seconds of execution.
Retained Earnings
Net profits kept to accumulate in a business after dividends are paid.
Return of Capital
A distribution of cash resulting from depreciation tax savings, the sale of a capital asset or of securities in a portfolio, or any other transaction unrelated to retained earnings.
Return on Equity
(net income divided by shareholders' equity) a measure of the net income that a firm is able to earn as a percent of stockholders' investment.
Return on Total Assets
(net income divided by total net assets) a measure of the net income that a firm's management is able to earn with the firm's total assets.
Sales Load
The sales fee that the buyer pays in order to acquire an asset. The fee varies according to the type of asset and the way it is sold. Many mutual funds impose a sales charge. As a result of the load, only a portion of the investor’s funds go into the investment itself.
Securities and Exchange Commission (SEC)
The federal agency created by the Securities Exchange Act of 1934 to administer that act and the Securities Act of 1933. The statutes administered by the SEC are designed to promote full public disclosure and protect the investing public against fraudulent and manipulative practices in the securities markets. Generally, most issues of securities offered in interstate commerce or through the mails must be registered with the SEC.
Settlement Date
The date specified for delivery of securities between securities firms, usually three business days after the execution of an order.
Seven-Day Yield
Yield for seven day period including the day reported.
Shares Outstanding
For NASDAQ-listed securities, the number of issued and outstanding shares for the specified security as used by NASDAQ in the calculation of NASDAQ index values. The number of total shares outstanding used by NASDAQ for index calculation reflects the value most recently reported for the security by the issuing corporation, via required SEC filings or other communication with NASDAQ, as adjusted for any corporate actions such as stock dividends. However, use and display of a newly reported value may be briefly delayed pending review for accuracy and/or the facilitation of the management of the indices. Also, values for certain non-U.S. securities may not include all shares globally issued and outstanding.
The TSO for OTCBB companies can be found on OTCBB.com, under the "Company Profile" section. Please see the following example.
The TSO for NYSE and Amex companies is provided by Reuters. Reuters uses the Quarterly Diluted Weighted Average Shares, as filed with the SEC.
Short Interest
The total number of shares of a security that have been sold short by customers and securities firms that have not been repurchased to settle short positions in the market.(See also Short Selling,Days to Cover, Settlement Date,and Average Daily Share Volume.)
Short Selling
Short selling is the selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short selling is a legitimate trading strategy. Short sellers assume the risk that they will be able to buy the stock at a more favorable price than the price at which they sold short.
The Nasdaq Short Sale Rule prohibits NASD members from selling a Nasdaq National Market stock at or below the inside best bid when that price is lower than the previous inside best bid in that stock.
Short Term Gain
The profit realized from the sale of securities or other capital assets held twelve months or less.
SIC Code
Standard Industrial Classification (SIC) code. A numbering system established by the Office of Management and Budget that identifies companies by industry. It is used to promote the comparability of economic statistics from various facets of the U.S. economy.
Spread
The spread for a company's stock is influenced by a number of factors, including:
* Supply or "float" - the total number of shares outstanding available to trade.
* Demand or interest in a stock.
* Total trading activity in the stock.
Standard and Poor’s 500 - $SPX
The S&P 500 index - ($SPX), more formally known as the S&P 500 Composite Stock Price Index, is a european-style, capitalization-weighted index (shares outstanding multiplied by stock price) of 500 stocks that are traded on the New York Stock Exchange, American Stock Exchange and Nasdaq National Market. The advantage of "cap-weighting" is that each company's influence on index performance is directly proportional to its relative market value. It is this characteristic that makes the S&P 500 such a valuable tool for measuring the performance of actual portfolios.
Stock Dividend
Payment of a corporate dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company, or it may be shares in a subsidiary being spun off to shareholders. Stock dividends are often used to conserve cash needed to operate the business. Unlike a cash dividend, stock dividend are not taxed until sold.
Stock Index
A securities price indicator such as the Nasdaq-100, Standard & Poor's or Dow Jones series created to measure the relative value of the market.
Stock Symbol
A unique four- or five-letter symbol assigned to a Nasdaq security. If a fifth letter appears, it identifies the issue as other than a single issue of common stock or capital stock. A list of fifth-letter identifiers and a description of what each represents follows:
A - Class A
B - Class B
C - Issuer qualifications exceptions*
D - New
E - Delinquent in required filings with the SEC
F - Foreign
G - First convertible bond
H - Second convertible bond, same company
I - Third convertible bond, same company
J - Voting
K - Nonvoting
L - Miscellaneous situations, such as depositary receipts, stubs, additional warrants, and units
M - Fourth preferred, same company
N - Third preferred, same company
O - Second preferred, same company
P - First preferred, same company
Q - Bankruptcy Proceedings
R - Rights
S - Shares of beneficial interest
T - With warrants or with rights
U - Units
V - When-issued and when distributed
W - Warrants
Y- ADR (American Depositary Receipt)
Z - Miscellaneous situations such as depositary receipts, stubs, additional warrants, and units.
* The letter "C" as a fifth character in a security symbol, indicates that the issuer has been granted a continuance in Nasdaq under an exception to the qualification standards for a limited period.
Syndicate Bid
A Syndicate Bid can be entered in the Nasdaq System to stabilize the price of a Nasdaq security prior to the effective date of a registered secondary offering. This activity is permissible under SEC Rule 10b-7.
SuperMontage
The NASDAQ Stock Market's trading system to aggregate quotes and orders, providing access to more possible trades. Launched in 2002, SuperMontage is a fully integrated order display and execution system, capable of handling an expanded universe of orders. Key features include pre-trade anonymity, the ability to aggregate interest five price levels deep on each side of the market, internalization of orders still available, time stamps of individual orders to preserve position and priority, elimination of locked and crossed markets and a high level of confidence of best execution for users.
Surprise (Earnings Surprise)
A company earnings report that differs(either positively or negatively) from what analysts were expecting (consensus forecast). This often causes movement in the stock's price.
See Consensus Rating. Special symbols are used for negative actual or expected earnings as follows:
N+ : Negative actual earnings with positive surprise
N- : Negative actual earnings with negative surprise
-+ : Negative consensus earnings with positive actual earnings
-0 : Negative consensus earnings with zero actual earnings
-VL: Very large negative percent surprise
+VL: Very large positive percent surprise
NA : Not available (data necessary for calculation are not available)
TREASURY BOND 30 Year - TYX
The Treasury Bond index - (TYX) is based on 10 times the yield-to-maturity on the most recently auctioned 30-year Treasury bond.
Today's High
The intra-day high trading price.
Today's Intraday Portfolio Value (IPV)
Updated through-out the day, the IPV data is distributed by the exchange.
Today's Low
The intra-day low trading price.
Total Shares Outstanding (TSO)
For NASDAQ-listed securities, the number of issued and outstanding shares for the specified security as used by NASDAQ in the calculation of NASDAQ index values. The number of total shares outstanding used by NASDAQ for index calculation reflects the value most recently reported for the security by the issuing corporation, via required SEC filings or other communication with NASDAQ, as adjusted for any corporate actions such as stock dividends. However, use and display of a newly reported value may be briefly delayed pending review for accuracy and/or the facilitation of the management of the indices. Also, values for certain non-U.S. securities may not include all shares globally issued and outstanding.
The TSO for OTCBB companies can be found on OTCBB.com, under the "Company Profile" section. Please see the following example.
The TSO for NYSE and Amex companies is provided by Reuters. Reuters uses the Quarterly Diluted Weighted Average Shares, as filed with the SEC.
TSO (On the "NASDAQ International Companies" page)
The TSO for ADRs contains only the "ADR TSO", they do not include the Global TSO. The Global TSO can be found on the "InfoQuote" page.
Trading Halt
The temporary suspension of trading in a Nasdaq security, usually for 30 minutes, while material news from the issuer is being disseminated over the news wires. A trading halt gives all investors equal opportunity to evaluate news and make buy, sell, or hold decisions on that basis. A trading halt may also be imposed for purely regulatory reasons, either by The Nasdaq Stock Market or the SEC.
Two Sided Market
The obligation imposed by the NASD that Nasdaq Market Makers make both firm bids and firm asks in each security in which they make a market.
Unallocated Gain
Fund distributions that are not categorized as short, medium or long term.
Underwriter
The investment banking firm that brought the company public.
Up on Unusual Volume
Refers to an increase in stock price for stocks exhibiting unusual volume. See our FAQs section for additional information regarding Unusual Volume.
Volatility
The degree of price fluctuation for a given asset, rate, or index; usually expressed as a variance or standard deviation.
Volume
Total volume in each stock reported to The Nasdaq Stock Market from NASD members and exchanges trading Nasdaq securities between the hours of 8:00 A.M. and 5:15 P.M. EST.
Warrant
A certificate issued by a company giving the holder the right to purchase securities at a stipulated price within specific time limits or perpetually. A warrant is sometimes offered by a company as an inducement to buy an offering of common stock or other securities.
WEBS
World Equity Benchmark Shares — WEBS Index Shares represent a new approach to international investing, offering passive index management and facilitating targeted portfolio exposure. There's a WEBS Index Series for each of 17 countries. Each WEBS Index Series seeks to track the performance of a specific MSCI Index. Many of these indices have been used by investment professionals for more than 25 years. WEBS are listed on the American Stock Exchange and trade like any other stock.
Yield
In general, a return on an investor's capital investment. For bonds, the coupon rate of interest divided by the purchase price, called current yield. Also, the rate of return on a bond, taking into account the total of annual interest payments, the purchase price, the redemption value, and the amount of time remaining until maturity.
% of Index Weight
This is the market value weighted impact on the value of the Index attributable to a particular stock.
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Here is the url for that methodology,
http://pages.stern.nyu.edu/~igiddy/valuationmethods.htm
"The PSR is often used when a company has not made money in the last year.."
"Market Capitalization = (Shares Outstanding * Current Share Price) + Current Long-term Debt
The next step in calculating the PSR is to add up the revenues from the last four quarters and divide this number into the market capitalization. Say XYZ Corp. had $200 million in sales over the last four quarters and currently has no long-term debt. The PSR would be:
(10,000,000 shares * $10/share) + $0 debtPSR = 0.5 $200 million revenues
The PSR is a measurement that companies often consider when making an acquisition. If you have ever heard of a deal being done based on a certain "multiple of sales," you have seen the PSR in use. As this is a perfectly legitimate way for a company to value an acquisition, many simply expropriate it for the stock market and use it to value a company as an ongoing concern.
Uses of the PSR
The PSR is often used when a company has not made money in the last year. Unless the corporation is going out of business, the PSR can tell you whether or not the concern's sales are being valued at a discount to its peers. If XYZ Corp. lost money in the past year, but has a PSR of 0.50 when many companies in the same industry have PSRs of 2.0 or higher, you can assume that, if it can turn itself around and start making money again, it will have a substantial upside as it increases that PSR to be more in line with its peers. There are some years during recessions, for example, when none of the auto companies make money. Does this mean they are all worthless and there is no way to compare them? Nope, not at all. You just need to use the PSR instead of the P/E to measure how much you are paying for a dollar of sales instead of a dollar of earnings.
Another common use of the PSR is to compare companies in the same line of business with each other, using the PSR in conjunction with the P/E in order to confirm value. If a company has a low P/E but a high PSR, it can warn an investor that there are potentially some one-time gains in the last four quarters that are pumping up earnings per share. Finally, new companies in hot industries are often priced based on multiples of revenues and not multiples of earnings.
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DEFENITIONS OF TERMS USED ON THE NET:
24/7 = Availible or Open 24 hours a day and 7 days a week.
8) or :) or ;) or >{:^) = Smile Face = Happy
8))))))) = Very happy
8( = Sad Face = Sad
AFACT= As far as I can tell.
AFAIK= As far as I know.
AFK ( afk ) = Away From Keyboard
ASCII = An acronym for "American Standard Code for Information Interchange", used to assign English characters into numbers.
ASK ( ask ) = Current Price A Stock May Be Readily Bought For.
Bagger, (one, double, triple, quad or more ) = how many times the price of a stock has multiplied since the purchase.
BB = Bulletin Board:
BBIAB = Be Back In A Bit.
BBIAM = Be Back In A Minute.
BBL ( bbl ) = Be Back Later
Bear = A person who thinks a stock or markets will go lower.
Bearish = Looking for a stock or market to go lower.
BID ( bid ) = Price posted that a Market Maker will pay for stock.
BOX ( box ) = Computer
BRB ( brb ) = Be Right Back
BTW = By the way
Bull = A person who thinks a stock or markets are going higher.
Bullish = Looking for a stock or the markets to go Higher.
BW = Business Wire ( News Service )
CEO = Chief Executive Officer
CFO = Chief Financial Officer
CIO = Chief Information Officer
COO = Chief Operating Officer
CYA ( cya ) = See Ya
CUL8R = See you later.
DCC = Start a chat or send a file.
DD ( dd ) = Due Diligence
Double(r) = Stock that's price has doubled since a given time.
DT ( dt ) = Down Tick in the price of a stock, Price is falling. Our DayTrading.
Due Diligence = Research the fundamentals of a stock.
DH = Day High
DL = Day Low
DYODD = Do your own due diligence.
E2EG = Ear-to-ear grin.
EG = Evil Grin.
EOD ( eod ) = End Of Day
EOM ( eom ) = End Of Month or End of Message
ERR ( err ) = Growl or getting mad.
FAQ = Frequently asked questions.
Fire = Stock that is hot, rising fast.
Front Running = People own the stock then promote it while selling.
FS = Forward Split
FWIW = For what it's worth.
FYI = For your information.
G = Grin
GAL = Get a life.
Gapper, Gapping, Gapolla, GAPPA = Stock that moves from its previous closing price before the market opens.
GMTA = Great minds think alike.
GTG = Got To Go.
GUI = Graphical User Interface ( What you see when using software )
Head Fake = Stock Price heading up or down contrary to ones opinion.
HOD = High Of Day
HTH = Hope this helps. or Hope that helps.
IMHO ( imho ) = In My Honest Opinion, In My Humble Opinion
IMO ( imo ) = In My Opinion
IOW = In other words.
IPO = Initial Public Offering.
IRC = Internet Relay Chat ( Network for live chat )
IRL = In real life.
IT = Information Technology.
KISS = Lip Smaking, Keep It Simple Stupid.
L8TR ( l8tr ) = Later ( Like see ya later )
LAGGED, LAGG ( lagged ) = Long delay between sending and recieving data over the Internet.
LMAO = Laughing My A$$ Off
LOL ( lol ) = Laugh Out Loud
MB = Message Board.
MIRC = Internet Chat Program.
MM ( mm ) = Market Maker ( the folks who handle the trades of stocks )
MOMO = Momentum stock, lots of interest and buyers for hours days or weeks.
NASDAQ = National Association of Securities Dealers.
NEWBEE ( newbee, newbe ) = New user of Internet and or computer.
NICK ( nick ) = Name used by people ( Individual ) on the Internet.
NQB = National Quotations Bureau.
NUKE ( nuke ) = "Denial of Service Attack" that will crash your computer forcing you to reboot.
NYSE = New York Stock Exchange
OEM ( oem ) = Original Equipment Manufacturer
OFFER ( offer ) = Current Price A Stock May Be Readily Bought For. What a Market Maker is willing to pay for a stock or other issue.
OMG = Oh My God
OT = Off Topic, used on message boards when the post is not on the threads subject..
OTCBB = Over The Counter Bulletin Board.
PD (pd and p&d ) = Pump and Dump
PIC ( pic ) = Picture
Pink Sheet = Stocks quoted by the NQB.
PM = Private Message
POINT ( point ) = Dollar or Stick
PPL ( ppl ) = People
PRN = PRNewswire ( News Service )
Pump and Dump = Front running, people own the stock then promote it while selling.
Reloading = To Buy Again or to enter in the order for a buy or sell in the browser window but not yet hitting the send button so as to be prepared for news or movement.
ROFL ( rofl ) = Rolling On Floor Laughing
ROFLMAO = Rolling on floor laughing my a** off
RS = Reverse Split
SAD = Short Against Delivery
SBPO = Small Business Public Offering
SCALP (S) ( scalp ) = A quick trade for an 1/16 or more.
SI ( si ) = Silicon Investor
SNRK = Under breath Laugh
SOES = Small order execution system.
Spread = The difference between the offer and the bid. The difference between the price a Market Maker is willing to buy a security and the price at which a Market Maker is willing to sell it.
STICK ( stick ) = One point or dollar.
Tank, Tanking = Stock thats price is falling.
Teenie = 1/16th
Thread = A series of messages on a message board or other means that generaly have the same topic.
TICK ( tick ) = Can mean the last movement in a issues price ( up tick or down tick ) Also a market indicator. As a market indicator quote systems keep track of the up ticks and down ticks of stocks through out the day. The tick shown will be the difference between the up ticks and down ticks for that day so far. A positive number means there have been that many more up ticks than down and a negative number means the opposite.
TRIN ( trin ) = A market indicator used in technical analysis, calculated as follows: TRIN = ((number of advancing issues divided by number of declining issues) divided by (Total up volume divided by Total down volume)). A value of less than 1 is bullish, greater than 1 bearish. also called Arms Index.
TTFN = Ta Ta For Now ( UK Folks ? )
TTYL = Talk to you latter.
TTYS = Talk to you soon.
UT ( ut ) = Up tick in the price of a stock, Price moved up.
URL ( url ) = Uniform Resource Locater, Internet address of a web page ( http://sitename )
The Basics Of Outstanding Shares And The Float
Financial lingo is very important for anybody interested or invested in products like stocks, bonds or mutual funds. Many of the financial ratios used in fundamental analysis include things like outstanding shares and the float. Let's go through these terms so that next time you come across them, you can know their significance.
Restricted and Float
When you look a little closer at the quotes for a company, you may see some obscure terms that you've never encountered before. For instance, restricted shares refer to a company's issued stock that cannot be bought or sold without special permission by the SEC. Often, this type of stock is given to insiders as part of their salaries or as additional benefits. Another term that you may encounter is 'float'. This refers to a company's shares that are freely bought and sold without restrictions in the public. Denoting the greatest proportion of stocks trading on the exchanges, the float consists of regular shares that many of us will hear or read about in the news.
Authorized Shares
Authorized shares refer to the largest number of shares that a single corporation can issue. The number of authorized shares per company is assessed at the company's creation and can only be increased and decreased through a vote by the shareholders. If at the time of incorporation the documents state that 100 shares are authorized, then only 100 shares can be issued.
Now just because a company can issue a certain number of shares doesn't mean that it is going to issue all of these shares to the public. Typically, companies will, for many reasons, keep a portion of the shares in their own treasury. For example, CTC may decide to maintain a controlling interest within the treasury just to ward off any hostile takeover bids. On the other hand, the company may have shares handy just in case it wants to sell them for excess cash (rather than borrowing). This tendency of a company to reserve some of its authorized shares leads us to the next important and related term: outstanding shares.
Outstanding Shares
Not to be confused with authorized shares, outstanding shares refer to the number of stocks that a company actually has issued. This number represents all the shares that can be bought and sold by the public as well as all the restricted shares that require special permission before being transacted. As we already explained, shares that can be freely bought and sold by public investors are called the float, and this value changes depending on if the company wishes to repurchase shares from the market or sell out more of its authorized shares within its treasury.
Let's look back at our company CTC. From the previous example, we know that this company has 1000 authorized shares. If they offered 300 shares in an IPO, gave 150 to the executives and retained 550 in the treasury, then the number of shares outstanding would be 450 shares (300 float shares + 150 restricted shares). If after a couple years CTC was doing extremely well and wanted to buy back 100 shares from the market, the number of outstanding shares would fall to 350, the number of treasury shares would increase to 650 and the float would fall to 200 shares since the buyback was done through the market (300 – 100).
Hold on a minute though - this is not the only way that the number of outstanding shares can fluctuate. In addition to the stocks it issues to investors and executives, many companies offer stock options and warrants. These stock options and warrants are instruments that give the holder a right to purchase more stock from the company's treasury. Every time one of these instruments is activated, the float and shares outstanding increase while the number of treasury stocks decrease. For example, suppose CTC issues 100 warrants. If all these warrants are activated, then Cory's Tequila Corporation will have to sell 100 shares from its treasury to the holders of the warrants. Thus, by following the most recent example, where the number of outstanding shares is 350 and treasury shares is 650, the exercise of all the warrants would change the numbers to 450 and 550 respectively, and the float would increase to 300. This effect is known as dilution.
Why Is It Important?
Because the difference between the number of authorized and outstanding shares can be so large, it's important that you realize what they are and which figures the company is using. Different ratios may use the basic number of outstanding shares while others may use the diluted version. This can affect the numbers significantly and possibly change your attitude towards a particular investment; furthermore, by identifying the number of restricted shares versus the number of shares in the float, investors can gauge the level of ownership and autonomy that insiders have within the company. All these scenarios are important for investors to understand before they make a decision to buy or sell.
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Preferred Stock
A class of ownership in a corporation with a stated dividend that must be paid before dividends to common stock holders. Preferred stock does not usually have voting rights.
Preferred shareholders have priority over common stockholders on earnings and assets in the event of liquidation.
GayGames are alive......here
<http://www.gaygameschicago.org/media/article.php?aid=67>
From "The Wall Street Dictionary" About stocks on the exchanges.
HOLDING COMPANY:
One company holds enough shares of another company to hold voting control.
PREFERRED STOCK:
Stock shares that represent a portion of ownership in a company, with the shares normally carrying fixed dividends and voting rights.
PRIVATE OFFERING:
A company offering a new stock issue to a small, select group of no more than 25 investors.
PINKSHEETS:
This one is a totally different animal, see below:
A quotation service that provides bid and ask prices and the Market Maker's name for over-the-counter stocks that are not listed by the Nasdaq (National Association of Securities Dealers Automated Quotations). The quotes, printed on pink paper, are distributed to brokerage firms daily, but do not include stocks listed in newspapers.
OK Joe Read this.........
Posted by: joe758
In reply to: None
Date:4/4/2006 4:58:22 PM
Post #of 241162
HERE IT IS--Please read
[WHY-to hear you spew?]
I come back here once or twice a month and marvel at what's going on with this ridiculous stock and all the cast of characters.
[I presume this is your entertainment, I suggest, don't come back]
All of the greatest PRs, Comcast, TW Cable, RCN, the GAy Games....nothing could save this fledgling 'network' (it isn't a Network, it's a F U C K I N G Channel, but I digress)
[You don't HAVE to subscribe-we won't force you, don't worry and it needs a
channel so people can turn it on]
This stock has dropped further than any other stock in history. Yep, that's right. On a % basis, QBID has fallen greater than 99.9%. It just doesn't worse than that.
[Wow I didn't notice-NEWS read all about it!!!!]
Investing here is like missing the Pacific Ocean, trying to hit it from the plane flying over.
[Don't try to hit the ocean-it is really wet and you might not survive-take a map with ya]
It's DONE. It's OVER.
[For you maybe]
Less than 1% of any stock has EVER recovered after going to 0001, and--get this--NO STOCK has EVER recovered after falling back to 0001.
Look it up at www dot SEC dot gov / OTC and PinkSheet/ history dot html (replace the dots)
Read that again.
[Sorry once is enough]
NO STOCK has ever recovered.
[Comon there are many ways this can recover]
Stop thinking that this will be the first. For everyone that buys, Frank and co. dump 9 MILLION shares (that's $9,000), sometimes many times a day (check out Friday, when 45M shares were dumped after hours).
[According to my estimation 9 MIL is $900.00]
Seriously....Frank is grabbing anywhere from $27,000 to $45,000 a day just dumping at 0001.
[Are you a fly on Franks wall? Inside knowledge of somekind?]
That's $27,000 a DAY. NBA basketball players don't make that much.
[Don't play in this easter basket-it doesn't please you obviously]
And he's got hundreds of millions to go, maybe a billion shares.
[Jealous-pissed-you wish you were him..lol]
This stock will not EVER go back up. It can't...and it won't. Frank dumps so much every day that the ticker just can't climb back up. In the extremely UNLIKELY event you see 0003...get out, run, and don't look back.
[There are so many ways it can go, you might be totally flabbergasted-run along]
I bought QBID at 0040 3 years ago. It went to 0122 when I sold for a 205% profit. Like Gordon Gecko says, it was 'Better than sex..." But like an idiot, I bought more at 0187, and then at 0245 (yes, near the all-time high).
[Now run along and enjoy the real thing ...sex..I mean..lol]
By the time I got out at 0107, after a few flips, my big profit was gone, to be replaced with a small but frustrating loss. Yes, I was furious.
[You still are]
And it kept going down. Why? 9M share dumps. Daily. All day.
0078..0050...0043...0038...0031...remember? It couldn't possibly keep going down, right?
Bought a TON at 0018, sold some at 0020, and dumped the rest for 0011-0014 (and man, do I count myself lucky it was only a small loss)
[It is your money and it is a free country..thankfully]
And here we are at 0001.
[no sheeat...lol]
The patient has been pronounced dead. We've ALL lost money here (it's had 343 down days and only 48 up days in the past 2 years...so virtually no one has gotten out of this with a profit....except YOU KNOW WHO!)
[...and so????]
So the next time you want to buy, bash, or pump this stock, just remember:
[Thanks for the free advise-I am using my own earned money and will volunteerily invest it anyway, anytime I so please and have my own opinion or not about what I am doing.]
Frank is getting $27,000 to $45,000 a day from your stupidity. He's throwing LAVISH parties, with succulent food. He's sponsoring Gay Games and throwing money behind things in a desparate attempt to look like he's running a successful company.
[QTN has ALL the rights for TV for GG-He can sell rights other media companies, even if he doesn't make one reel of film]
But behind the smoke and mirors and 9M share dumps is the realization that he is a rotund, obese disgusting failure, the kind of person people don't invite to parties, but still somehow shows up, surrounds himself with 'friends' that he essentially pays to be with (albeit with your money), and then gets everyone to come over to 'his house' as he continues throwing money at people and things in a vain effort to make believe that the business is alright.
[Have you attended the parties?]
Well, it's not.
It a joke. In the industry, (and you can check it out for yourself), Frank is the punchline to many jokes.
[Bitter volunteer investors]
But, as one Hollywood reporter remaked, "He sure does know how to throw a great party."
Eat up, Frank.
You f u c k i n g fat S O B.
[Your opinion or take on rumors]
9 million shares a dump, $27,000 a day.=
[170 MIL=27,000]
KATERIC-Know about media business-No way can you wait until the last minute (min.3 mo. but most often 6 mo's.) to pull out of that type of contract. Somebody must have the info. They are still on Gay Games web site:
http://www.gaygameschicago.org/media/home.php
Sometimes I shouldn't mention names, car types, dates or fashion lables......lol (one-I have been known to be dyxlexic, two I pick up situations). It is a little impossible to those things with Tarot cards, but of course I do try sometimes....;o} Just change the names to the situation, that I am pretty good to pick up....;o}
Skunks-I feel good about Fan..;o} I have dealt with lots of Far Eastern business people, very smart and they are very positive to do business with.
Never posted here before, registered long time ago, because I come and read your post here once in awhile. I guess I only have 15 posts to do.....:o} Really enjoyed hearing from Jack, he seems sincere and he knows what's going on.......:o}
Hi Skunkyard, enjoyed the Jack Jett post, just visiting from RB and if anyone is interested in my Tarot readings about QTN, here is the link. They were done starting from Oct 04....;o} Come and visit again skunkyard always enjoyed your posts. Thanks!!!
http://www.gxpress.com/qbidastro/qbidtarot.html