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Ken question on Arrons and Magic box
I was watching the Magic box chart on TERNE and based on what you say to watch for Arron today being so far up day/white candlestick ARRON 8 red just went to highest point on scale while green one went down. I don't understand this. Isn't that suppose to have opposite effect when there is possitive day. I do understand Arron 8 represents 8 days period but i'm not sure how to apply and read this. I understand better ADX indicator and 3 day period worked great for me but Arrons are confusing. Also is changing period to 3 days will effect magic box i would think. Your thought please. Thank you in advance.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=terne,uu[e,a]dhclyiay[db][pb5!d...
Argyll. The application filling and approval does not take months. It takes 4-6 weeks for most companies that meet requirements. I believe CWPC would meet requirements but I'm thinking R/S might be needed. I am unsure why they are waiting which makes me seat on the sidelines until they hit AMEX. Besides I am uneasy about 150MM outstanding shares and possible R/S. My experience was that when any company hits AMEX stock price always drops by as much as 50% because institutions want to get in and want a discount on shares for large amount of funding they provide. After all they are the main drivers not us individual holders. All those things make me wait but I sure did miss 100%+ pop already which I am kicking myself in the butt for. When CWPC was at $2.xx I was waiting for it to drop to $1.14-$1.50 area which it never did after that initial drop. Now being at over $5 with 150MM outstanding shares that would be valued at $10 with 75MM shares outstanding which is very expensive for company that yet to have significant provable reserves that would justify the valuation. I hope you guys won't take it the wrong way but that is my opinion on it. Please let me know how you guys feel about current valuation and rest. I will be waiting for them to hit AMEX and then initial drop. Then I will be buying. Your thoughts ? Thanks.
AMEX timeline and drilling results ?
Anyone knows when CWPC is planning on moving to Amex Exchange. That is the plan and that is what company has told me few months ago but since then i have not heard anything. Anyone heard anything ?
Also when is CWPC suppose to provide updated on drilling success and reserves discovered. Thank you in advance.
Is APAC heading higher or lower based on TA ?
http://stockcharts.com/def/servlet/SC.web?c=APAC,uu[w,a]daclyyay[db][pb5!d20,2!f][vc60][iut!Ul3!Uv3]...
Thank you by the way for the INTC insight.
INTC got creamed. TA. RSI 24
I would like to say nice board first. Nice collection of info on TA. I like it. I noticed INTC got creamed recently. RSI is awesomely low at 24 screaming buy buy buy when it's oversold however I’m looking at 2 year chart and remember OSIP punishment and I am thinking that perhaps INTC might see $19 before sun comes shining again. Anyone cares to take a stab at it from TA perspective. I love buying stocks that are fundamentally good but are way oversold.
http://stockcharts.com/def/servlet/SC.web?c=INTC,uu[w,a]daclyyay[de][pb50!b200!f][vc60][iut!Ul14!Ub1...
Ken & Snap Hook thank you very much. Snap you don't see right shoulder going down at all to $2.0x ? Ken what did you mean by double diamond crossover ? Not familiar with this !
Snap Hook wouldn't you expect second shoulder to form at around $2.0x and then break neckline ? Where do you see second shoulder forming ? Without going to $2.0x is that still a valid H&S even thought it would break that neck line? Where would the second shoulder lay then ? Thanks a lot in advance.
I looked at the definition of H&S and it states this:
http://www.chartpatterns.com/headandshoulders.htm
"The head and shoulders pattern can sometimes be inverted. The inverted head and shoulders is typically seen in downtrends. (What's noteworthy about the inverted head and shoulders is the volume aspect. The inverted left shoulder should be accompanied by an increase in volume. The inverted head should be made on lighter volume. The rally from the head however, should show greater volume than the rally from the left shoulder. Ultimately, the inverted right shoulder should register the lightest volume of all. When the market then rallies through the neckline, a big increase in volume should be seen.)"
Looking at the volume right now it it is falling perfectly into the definition would you agree ?
http://stockcharts.com/def/servlet/SC.web?c=TERNE,uu[h,a]daclyyay[dc][p][vc60]&pref=G
TERNE Head & Shoulders pattern ?
Does anyone see what I see or am i seeing things incorrectly. Is the second shoulder at $2.00 where i see first shoulder ?
Where is the neckline forming ? Please advise master chartists. Thank you in advance.
Terayon Extends Presence in Europe Through Partnership With Dimetis
Tuesday February 7, 8:00 am ET
SANTA CLARA, Calif., Feb. 7 /PRNewswire-FirstCall/ -- Terayon Communication Systems, Inc. (Nasdaq: TERNE - News), a leading provider of video localization-on-demand solutions, today announced that Dimetis, a provider and integrator of broadcast and telecommunications solutions, has joined the Terayon Partner Program.
As a Terayon Partner Program member, Dimetis, based in Dietzenbach, Germany, will resell Terayon's complete line of digital video products to its customers, and will offer systems integration and networking planning services to support the product line.
"The addition of Dimetis to the Terayon Partner Program expands our reach within the European market, a key area of growth for digital video networks," said Kanaiya Vasani, Terayon Vice President of Marketing. "Dimetis' commitment to the application of new technological trends and services, coupled with their strong relationships in Germany, Austria and beyond, are great fits for the Terayon Partner Program."
"Cable operators, telecom carriers, broadcasters and other service providers throughout Europe are offering new digital video services, which require the kinds of solutions that Dimetis and Terayon can offer," said Willi Striegl, Director of Business Development, Dimetis. "Partnering with Terayon helps us provide the best value-added digital video solutions to our customers, in order to ensure that they are able to capitalize on these changes and see a return on their investment."
Terayon Partner Program Overview
The Terayon Partner Program consists of three categories: Solutions Partners, Authorized Resellers and Technology Partners. In all cases, Terayon works closely with its partners to develop optimal solutions for customers. Terayon Partner Program members include a broad range of industry leaders, such as ADB, ADDvantage, Adtec, Aviva, Capella, C-COR, Chyron, Concurrent, Digital Fountain, EVS, Frontiers, Harmonic, Latens, Miranda Technologies, Modulus Video, NDS, SeaChange International, SEG, TANDBERG Television and Triveni Digital. Additional information on the Terayon Partner Program is available at www.terayon.com/partners or by email at partners@terayon.com.
About Dimetis
Dimetis GmbH is an innovative IT systems integrator and provides comprehensive IT solutions that manage, monitor and control networks, facilities and equipment. These flexible solutions for the broadcast, enterprise and telecommunications market are built to meet each customer's exacting specifications. Dimetis' network management and planning and information systems are designed for video, audio, data networks and DVB/ATSC platforms. Users are broadcasters, network providers, playout centers, multimedia providers, production companies and event companies. Dimetis is based in Dietzenbach, Germany and its website is www.dimetis.de.
About Terayon
Terayon Communication Systems, Inc. provides real-time digital video networking applications to cable, satellite and telecommunication service providers worldwide, which have deployed more than 6,000 of Terayon's digital video systems to localize services and advertising on-demand and brand their programming, insert millions of digital ads, offer HDTV and other digital video services. Terayon maintains its headquarters in Santa Clara, California; has sales and support offices worldwide and is on the web at www.terayon.com.
EARNINGS TIMELINES
http://www.knobias.com/individual/public/news.htm?eid=3.1.e31e20d51d95e6a1e590f391c9c39fb44c28676ced...
Corporate Announcement: Terayon Communication Systems
Thursday , February 02, 2006 17:05 ET
Feb 02, 2006 (Wall Street Horizon via COMTEX) -- Earnings Quarter: Q4
Next Earnings Date: 2/9/2006
Earnings Date: Tentative
Announcement Time: After Market
Date Q1: 5/3/2005 - FILLED
Date Q2: 7/28/2005 - FILLED
Date Q3: 11/8/2005 - DELAYED
Date Q4: 2/9/2006
Last Confirmation Date: 2/1/2006
Conference Call Date: 11/8/2005
Conference Call Time: 5:00 PM
Conference Number: (866)314-5050
Conference Passcode: 93318482
Broadcast Address: http://www.terayon.com/investor
Board Meeting Date: 8/18/2004
(C) 2006 Wall Street Horizon, Inc. All rights reserved
Ken. Thank you. This is still Advanced statistics 401 where I am at 102 maybe. LOL. I will do my best to try to follow you and your site. Good night.
Another Look at Exit out of Modem business.
Terayon Exits DOCSIS Business to Focus on Video
http://www.cabledatacomnews.com/feb06/feb06-8.html
Terayon Communication Systems Inc. announced a restructuring late last month to focus solely on its CherryPicker digital video products, repositioning the company as a "pure-play video business." Although Terayon was one of the first suppliers of cable modem products, the company's position in the segment has deteriorated over the last few years in the face of intense competitive pressure.
Shortly after taking the helm at Terayon, CEO Jerry Chase led the charge to dump the company's struggling CMTS business in October 2004. Now the other shoe has dropped. Terayon said it's "reviewing strategic alternatives for its Home Access Solutions product line." It expects to record a modest charge of about $600,000 in restructuring costs, mostly in the first quarter.
Separately, Terayon announced a win last month with Chunghwa Telecom, Taiwan's largest telecommunications provider. Through the deal, Chungwa is deploying the Terayon DM 6400 Network CherryPicker for its Multimedia on Demand (MOD) architecture. The MOD service is now available to 13 cities and counties throughout Taiwan and counts some 200,000 subscribers. The DM 6400 units are aggregating and distributing MPEG-2 video streams via Gigabit Ethernet, performing such functions as rate shaping multiple standard-definition programs and video-on-demand feeds, as well as digital ad insertion.
Pefect example and i'm glad you brought that up.
SIRE had busines plan and executed on it and final result it that they have product that is generating the money which is satellite for radio transmision. Also they have radios which are assets that are produced.
GTE does NOT have stratellite and does not have product in statsphere to even produce a penny. GTE failed to meet 4 time lines associated with TEST launch let alone commercial launch. When GTE updates investment community when launch will happen it always is a broken promise. 4 times in a row.
As you see executing on plan vs. simple failure of executing on plan is the difference. Yes money will come later but sorry no business plan no money from investment community. That's the way they should be treated cause they don't seem to care about investors right now.
NO money on 10Q for another PR.
You actually answered you own question.
"For the three months ended September 30, 2005, there were no transactions requiring recording in the financial statements related to this agreement."
So if money would have been made Huff and Co would simply choose not to report it because that is good for the business ? Of course they would report it. It's public company and stock perfomance and their loans depend on market cap.
Show me that PRs are true and I will shut up !
pszme. Here is my answer to ?
VOIP revs GTE is doing is nothing but a relay of carrier traffic from big companies like SBC and Verizon. Simply increasing the volume of traffic will increase revs (therefore bigger L.A facility) but the key is not revs but MARGIN of profit or profitable program which GTE does not have. LOOK AT THE 10Q and you will see that COST OF REVENUE IS AS HIGH AS REVS ITSELF. 3-4% GROSS profit which is not even NET profit will not get this company profitable EVER because of operating cost associated with supposable strat development, employees salaries, bonuses, facilities rent, electricity, etc, etc.
I HAVE A ONE QUESTION FOR YOU or anyone else for that matter.
WHAT IS GET FINANCIALY DOING TO BECOME PROFITABLE SOMETIME IN THIS DECADE ? Show me in 10Q please.
Cab simple question for you
What out of entire 3 year business plan has materialized monetery or asset wise ? If you will try to down play this simple question then you are in denial and lying to yourself.
And simple answer for you if at least HALF would materialize i would not be complaning at all. WHY IS THAT SO DIFFICULT TO UNDERSTAND FOR YOU ? I'm trying to point out that this entire company and it's managment is a total failue not worth a one dollar since then don't even have a profitable dollar to call it on the financial sheet. So failed business plan, no money in financials, no valuable assets, unrealized press realeases. WHAT ARE YOU INVESTING IN ?
duzibotz61 exacly my point. Finally someone that understands where I am comming from. You don't have to like me. Like Cramers says: "I'm not here to make friend but to make you money" or in this case prevent from other loosing money. It's not about liking me or what you think about me. It's about GTE, managment and it's business execution or lack there off. And i agree if those statments made under SEC filings and all those press release are untrue while attracting money then that would be definitly a fraud case and no disclaimer of GTE will help anyone from fraud charge. But that facts are that nothing has materialized out of almost all press releases and entire business plan. Why trust anyone that has been saing lies for 3 years now. When is enough enough. When ? ...when next Enron hits you in your face ? Simple question.
DID HUFF NOT KNOW THIS A MONTH AGO WHEN NEGOTIATING !!
GlobeTel CEO Timothy Huff stated: "This is a highly complex international transaction on which all sides continue to work together in good faith. There are numerous legal and regulatory issues that must be resolved and those steps require time and specialized expertise."
Did Huff not know that a month ago when he was negotiating for money and timeframes of first payment with lawyers. Details are always discussed when contract is discussed and signed. Also that is a contract so other side has to obey by it. So if this is not bogus announcement are the Russians backing out? THINK ABOUT THIS AND DIGEST THIS BEFORE YOU START DEFENDING HIS ANOTHER BROKEN PROMISE. Ohhh I forgot..DELEYED is a better word. If that is the case I will add to that INDEFINITELY DELAYED. I WILL SAY IT AGAIN. There will be no Russian money in Feb or flight of Strat in Feb as well.
SEBASS's TA HIGH VOLUME ALERT !!!
As I said in my previous post from a week ago
http://www.investorshub.com/boards/read_msg.asp?message_id=9416130
Today sellers unloaded with 3.3X more volume then normal.
7 million shares traded comparing to avr. of 1.6 million per day suggesting fruther lows are ahead. High volume speaks loudly. The fact that stock did not bouce back a little suggest that weakness and downtrend will continue http://finance.yahoo.com/q/hp?s=GTE
Also you could have safely exited when DI- crossed over DI+ on 24th. Also Arron 8 red was at high level pointing to negative trend as well.
http://stockcharts.com/def/servlet/SC.web?c=GTE,uu[w,a]daclyyay[db][pb10!b20!f][vc60][iut!Uv8!Ul3]&a...
Shorts have entered today and will short this to the all time lows as it happened 6 months ago with no strat launch.
IMO short term target will be $2.00 and if no Russian money in 30 days and no Feb strat launch you will see all time lows of $1.xx again. I'm calling this now. I'm not a shorty. Good luck.
Ken thank you so much for you help but pardon my ignorance but i'm not familiar with the terminology yet of Magic Box and Money Mountain when reffering to CHK play. Would you pardon my ignorance or lack of knowledge and elaborate. Also do you see anything technically develop with TERNE. I just got confimed buy on american bulls but stock has rosen already 20% so im not sure if i'm late to the plate or not for second entry point. Stock is rising with expectation of tommorow's PR. Thank you.
Internet protocol coming to the tube
Mon Jan 30, 2006 06:17 AM ET
By Antony Bruno
NEW YORK (Billboard) - TV viewers in select areas of the United States are experiencing what is expected to be the next evolution of digital entertainment -- IPTV. Short for Internet protocol TV, IPTV is one of many efforts to bring Web-like interactivity to home entertainment centres.
IPTV subscribers can view and record several programs simultaneously, access detailed program information like sports statistics, send and receive instant messages and order a broad array of on-demand movies. What separates IPTV from broadcast technology is its two-way nature: Viewers actively request IPTV content.
IPTV networks keep programming on centralised servers and deliver only the individual channel requested by the viewer at any given time. This is the way Web sites are stored and accessed, and that is no accident: IPTV programming is formatted using the Internet protocol that powers the World Wide Web.
Because IPTV is not constantly serving up all programming options, it frees bandwidth to offer services and other information along with the show. If record labels and other entertainment providers have their wish, IPTV will offer a new path to purchasing.
"You might hear a song you like on 'Desperate Housewives' and automatically download it, watch the video, send it to your handheld device and burn it to a CD," says Paul Greenberg, senior VP of business development and partner relations at MusicNet. "All those things are possible in the fairly near future."
Today, IPTV availability is limited by geography and capability, with no specific timeline for when purchase-oriented interactivity will become a reality. But the basic IPTV rollout has begun.
Earlier this month, AT&T launched an IPTV service in San Antonio with 200 channels, including HBO, MTV, ESPN and the Discovery Channel. It also offers hours of on-demand movies, but few other interactive features at this time.
Verizon introduced its fibre optic-based FiOS IPTV service last September, available on a restricted basis in areas of Florida, Texas and Virginia. It offers 330 channels, 20 high-definition channels, 1,800 video-on-demand titles and 180 digital video and music channels. Verizon plans to expand the service to parts of California, Massachusetts and New York in the coming weeks.
Telecoms like AT&T and Verizon see IPTV as their chance to compete with cable operators like Comcast and Time Warner. As such, IPTV providers are currently focussed on a first step of acquiring the basic content needed to compete with the cable industry.
But the technical building blocks are being put into place that later will enable a host of new business models for content acquisition in the future.
Warner Music Group late last year signed a content deal with British Telecom for an IPTV service expected to begin this fall in the United Kingdom, which could include downloadable songs and music videos. BT says it hopes to sign all the major record labels by launch.
"This isn't blue sky speculation," says Ted Cohen, senior VP of digital development and distribution for EMI Music. "We're actually doing something with this. It's top of mind with everybody."
Research group Infonetics Research projected worldwide IPTV subscribers to explode to 53.7 million by 2009.
IPTV competitors are already in the works. Cable providers that also offer broadband Internet services may develop their own solutions to introduce interactivity and purchasing power to the viewing experience.
And, just to add some more confusion to the mix, the greatest competitor for IPTV may be something called TV over Internet protocol, or TVOIP. As similar as the two may sound, they are actually worlds apart in how they work.
Strictly speaking, IPTV refers only to the services offered on closed "walled garden" networks like AT&T and Verizon. These providers control what programming they will carry on their IPTV networks, and only those subscribing to them will have access.
"IPTV doesn't mean you can fire up your Web browser and get all this video programming," Motorola spokesman Paul Alfieri says. "It's not on the Internet."
But TVOIP is on the Internet, and could be delivered to set-top TV boxes in much the same way as cable TV is now, without the need to subscribe to a closed IPTV network.
Such TVOIP upstarts as Brightcove and Aeon Digital, and existing portals like Yahoo and Google, will compete with IPTV services by offering the same programming and functionality, but made available over the open Internet.
This makes available a wider variety of content--not just the limited programs offered inside a walled garden--all of which can be aggregated into a customised home page on the TV, similar to TiVo's "Now Playing" guide.
This has the music industry equally excited; as long as its content will be protected and monetised, major content companies, including record labels, do not seem to care which formats win. Since IPTV and TVOIP use the Internet protocol format, music labels and others in the entertainment industry can easily contribute content to both.
EMI's Cohen says: "It basically frees up how you deliver content to a consumer, no matter where they are."
Sony BMG late last year licensed its catalogue to an Australian Web-based TV show called Crank TV. Other such upstarts are expected to emerge and compete with the established networks once viewers can access them from their TV and not just their PC.
"It puts the consumer in control and gives the content owner the ability to create their own channel to the consumer," Cohen says. "This is the opportunity to reach the consumer directly and not be constrained by gatekeepers, whether it's satellite or cable."
Reuters/Billboard
Thank you Ken. Do you see cup and handle formed on this stock or am i just seeing it..LOL. Thank you in advance.
http://stockcharts.com/def/servlet/SC.web?c=CHK,uu[w,a]daclyyay[dc][pb100!b50!f][vc60][iut!Ul3!Ub14]...
Ken&Andy thank you very much for you input. I much appriciate it and negative warning is better then no warning at all although I was looking for second entry point on this stock. The stock got beat up a little so i guess $1.63 was all time low and I think it is going to go up from now on. I missed that $1.63 and i'm sour about it. If you or anyone notice something please post and let me know. I am familiar with ADX, MCDA, SMA and RSI but rest of them i have no clue. I guess i have to take some time and read up on them. Ken what do you think about MACD lines crossing over and heading up for zero. From what i know that is a good sign of going bullish. Also notice SMA 10 and 20 croseed over. Also ADX line itself is heading up confirming strong trend however DI- is looks like it wants to head down. Any additional thoughts ? Thank you again for your input even if its negative.
http://stockcharts.com/def/servlet/SC.web?c=TERNE,uu[w,a]daclyyay[db][pb5!b10!f][vc60][iut!Ul3!Ua12,...
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=TERNE,uu[w,a]daclyiay[dc][pc5!b...
Great board by the way. A lot of helpful DD here.
TERNE Charting Pattern advice needed please.
Hi guys. First time poster on this board and would like to ask for advice on charting pattern developing for this stock. Chart with pattern outline would be much appriciated and advise on idicators to watch. Thank you in advance.
http://stockcharts.com/def/servlet/SC.web?c=TERNE,uu[w,a]daclyyay[db][pb50!b200!f][vc60][iut!Ul3!Ub1...
No bro you got it all wrong same as you do with the other stock. Swap the sentimentals and you will make money. We will see very soon anyway and no i don't speak french.
121 MILLION OUTSTANDING SHARES. 40MM growth in 1 month.
is anyone concerned with the rate that outstanding share are grwoing. 121 Million OUTSTANDING SHARES. I can’t believe one month ago it was 81MM. That is increase of 40MM. By this going rate next month or at best by end of Q1 2006 GTE will reach maximum exchange allowed outstanding shares of 150MM.
Then what ANOTHER REVERSE SPLIT. OMG. DE-JA-VU all over again.
Going back in time not forward and again shares will be stolen from hard working individual investors. Huff will justify this as he did few months ago as growth plan for the company. What about YOU THE SHAREHOLDERS AND YOU ROI (Return on Investment). That’s CEO obligation. Shouldn’t that be your focus ? Also when will GTE turn profitable ? $55 Million losses were recorded over past several years. How is that somewhere near profitability ? Another failure. I remember Huff stating this:” We project that these products and services will provide such revenues and margins that the Company will show profitability by the end of the second quarter of 2005. http://www.globetel.net/about/letter011005.html
Fromp no problem. Did you go to San Berndardino unvailing of the Strat ? If you did you would have know that Paul Taboda has introduced himself as GTE banker. I remember that very clearly and many people that attended do as well. If that was not true what he said then that even more discredits everyone around him. Ask other posters. If they will be truthfull they will tell you.
BULLET POINTS OF DOW JONES ARTICLE !!!
Dow Jones highlighted Globetel performance as:
- 121 Million OUTSTANDING SHARES.
This is the most freighting one. I can’t believe one month ago it was 81MM. That is increase of 40MM. By this going rate next month or at best by end of Q1 2006 GTE will reach maximum exchange allowed outstanding shares of 150MM.
Then what ANOTHER REVERSE SPLIT. OMG. DE-JA-VU all over again.
Going back in time not forward and again shares will be stolen from hard working individual investors. Huff will justify this as he did few months ago as growth plan for the company. What about YOU THE SHAREHOLDERS AND YOU ROI (Return on Investment). That’s CEO obligation. Shouldn’t that be your focus ?
- $55 Million losses over past several years.
How is that somewhere near profitability ? Another failure. I remember Huff stating this:” We project that these products and services will provide such revenues and margins that the Company will show profitability by the end of the second quarter of 2005. http://www.globetel.net/about/letter011005.html
- Stratellite was supposed to be tested/demoed many times before yet another failure. “We have scheduled the launch date for the Stratellite prototype for March 25, 2005” http://www.globetel.net/about/letter011005.html
- Columbian $50MM investment similar scheme to Russian pre-payment
That was supposed to be invested and 1 year later and no Columbian money appeared in GTE bank. See the pattern developing for this year ?Also you won’t find this article on GTE webpage. Is GTE trying to hide this. I wonder why ? http://findarticles.com/p/articles/mi_m0EIN/is_2005_July_14/ai_n14788320
– Stored Value cards promise AGAIN !!!
Has the same promise from year ago materialized ? NO. “We will begin expansion by adding calling card functionality to millions of debit cards in Mexico in the first half of 2005 and will repeat the process in India and the Philippines.” http://www.globetel.net/about/letter011005.html
- Paul Taboda. GTE investment banker and his firm was suspended and fined by NASD for “issuing a research report containing material misrepresentations and omissions" He is still with GTE and Huff is supporting him. That should tell you how much integrity these people have.
- Short interest up 32% from last month. GTE stock is heavily shorted because a lot of people do not believe in GTE due to failed business timelines and execution.
My summarization is that scheme is the same as last year but with very innovative spin.
Cause you're spamming the board and its TOS violation. No wonder. True colors appear and it seems to me if you want censorship and oppression then perhaps you should live in communistic country not in America. You can't have it both ways buddy boy. Sounds to me like a hypocrisy. O and HAPPY BIRDAY TO MY ALIAS. ONE YEAR CELEBRATION. JUST NOTICED. LOL
IT'S NON-ISSUE. YOU WILL SEE SOON. Nice try. Try to be more original then to copy me.
Incorrectly recording customer in wrong period and initiating public review by themselves only shows the strength of the integrity of the CEO and Co. Also:
"Terayon initiated the review after determining that certain revenues recognized in the second half of fiscal year 2004 from a customer may have been recorded in incorrect periods..."
"We are committed to accurate and transparent financial reporting and are taking this matter very seriously," said Jerry Chase, CEO, Terayon. "I want to emphasize that our cash position and market leadership remain strong and are not affected by the accounting issues under review. We remain focused on executing on our strategies and continuing to expand our product innovations to strengthen the overall position of the company."
Also today's restructuring did just that strengthened the company by eliminating bleeding modem business and downsizing workforce not needed anymore. Pure 70% gross margin business is now only pure play. Cram of the crop. Compare those margins to the other company. The numbers might be right but with(-)70%.LOL
SHORT INTREST UP 33%. Shorts sentiment.
Yet another indicator this stock is going down. Do you really think shorts would be entering a stock and company for that matter knowing that in few days company is to receive $150MM and next month test paradigm shifting stratospheric technology worth billions. Haaaaaaaa. They would have to be stupid. Is that how you see hedgis..as stupid. They win over individual investors all the time. It seems to me as history shows they won before strat test last year since it didn't happen. Good luck but it's not luck but only management execution or lack there off. That is why you see shorts entering and beating up on this stock. Send a email to Huff to execute on his plan and maybe you will get to $10 mark.
http://www.shortsqueeze.com/index.php?symbol=gte
GTE $ 3.24
Globetel Communications Corp 0.29
Shares Short 5,367,848
Days to Cover (Short Ratio) 1.2
Short % of Float 7.56 %
Short % Increase/Decrease 32.33 %
Squeeze Ranking™ 9
Price % Change (52-wk) 101.15 %
% from 52-Week HIGH ( 4.49 ) -38.58 %
% from 200 DAY MA ( 2.27 ) 29.94 %
% from 50 Day MA ( 3.39 )
-4.63 %
% from 52-Week LOW ( 1.14 ) 64.81 %
Shares Short -Prior Mo 4,056,442
Today's Trading Volume 4,033,800
Avg. Daily Volume 4,468,227
Today's Volume vs. Average 90.28 %
Market Cap 261,475,391
Outstanding Shares 80,702,281
Float 71,000,000
% Held by Insiders %
% Held by Institutions %
EPS -0.33
PE Ratio
Sector: Technology
Industry: Long Distance Carriers
SI Record Date 2006-Jan
Exchange AMX
YET ANOTHER REASON TO QUESTION GTE INTEGRITY
"Paul Taboada, an analyst with Hornblower & Weeks, was suspended and fined by National Association of Securities Dealers for "issuing a research report containing material misrepresentations and omissions. His firm and two principals were also penalized....but Mr. Huff continued the relationship"
Now you can see in what type of circles GTE CEO is running. How is that reflect on him, his leadership and integrity of Globetel as company i ask ? How many more sings and hints do you people need. Globetel, CEO have no integrity. Thank you lowtrade. You just confirmed another shadiness associated with this company and it's operations. I can't see how can people keep dismissing negative facts.
Lowtrade ADX(3) already crossed. Negative trend confirmed !!
ADX(14)is 14 day period. If one would want to keep up with fast moving markets as traders and daytraders do then one would want to update that time from to 3 or 5 day period. The same way as you did with Arron(3). That way one would get early warning on negative trend not late signal which is usually too late as it was with the huge drop before Russian deal annoucment. Why use 14 day instead of 3. You folks will be late to the unloading table.
http://stockcharts.com/def/servlet/SC.web?c=GTE,uu[w,a]daclyyay[db][pb50!b200!f][vc60][iut!Ub14!Ul3]...
I posted that I post on topic and forgot to add that I obey TOS.
Before you gang up on me at least please do your homework. You have a good day Sir.
Matt. I tell the truth and back it up with facts in terms of quotes, past PRs, etc, etc. The "gray" truth hurts and rubs people the wrong way. It’s not me but the truth. Sometimes life is not rosy. I am the messenger. Don't shoot the messenger. Yes I have pessimistic view on their business, their practices and management execution or lack there off. I back it up all the time with links and quotes. Recently Motley Fool agreed with my point of view which further validates my point of view and concerns. Dreamers want to dream but imagine if Enron investors had a whistleblower like me to point out the facts. Would they benefit from this information? In my opinion yes. I am willing to take debate with anyone that is willing to regarding accomplishments and failure of their business. No one is willing to because they know 2 year business plan is a failure. DENIAL is the word. That's my take on the situation if you were to ask me and since I see people are attacking me and my point of view for stating the facts I thought I would make a statement and defend myself since Jack brought it up.
Jack Fate. Let me ask you a question?
What do you think message boards were created for? So only YOU and your buddies can state your point of view? Jack you are in no position to tell me what should or shouldn’t I post and even if you were then I would refer you to the cherished document called constitution and right of free speech and press. My posts are on topic. Besides that fact message boards were created just for that reason to voice your own opinion without censorship which by the way Rocky was doing. Furthermore you post here and you have right to post here as well as I do and leave if you want as well. If you want to post just your own "one train of thought" ideas then create a website like Rocky did and use that as median. Don't complain about message board’s format. THEIR HEART AND PURPOSE IS TO POST DIFFERENT POINTS OF VIEW. Now listen to the real Jack. Jack.
Terayon Restructures to Pure-Play Digital Video Company
Thursday January 26, 4:34 pm ET
SANTA CLARA, Calif., Jan. 26 /PRNewswire-FirstCall/ -- Terayon Communication Systems, Inc. (Nasdaq: TERNE - News), a leading provider of video localization-on-demand solutions, today announced a restructuring to focus the company's strategy solely on its digital video applications and reduce its overall cost structure as a pure-play video business.
"Our decision to concentrate solely on digital video applications enables us to laser-focus the company on a growing market for real-time network digital video processing and expand our applications and services," said Jerry Chase, Terayon, CEO. "Network operators worldwide in cable, satellite, telco and mobile, understand that they must customize digital video programming services and advertising to become more relevant to their individual customers. The move to customizing content the instant before viewing creates substantial opportunity for Terayon, particularly in the area of digital video advertising, as it builds on our existing core competencies and market leadership. Localizing services and advertising plays strongly to the core strength exhibited in our award winning CherryPicker® product line."
As part of the company's move to a pure-play video business, Terayon is reviewing strategic alternatives for its Home Access Solutions product line including the opportunity to monetize its current investment in working capital. As part of the restructuring, Terayon expects to record charges of approximately $0.6 million for employee related costs in addition to other restructuring costs, the majority of which are expected to occur in the first quarter of 2006.
Chase continued, "We are now structured to take advantage of what we do best. By focusing on digital video, we expect to drive our strategic goals of increased market penetration and improved financial performance. With the savings we obtain from the restructuring, we intend to allocate additional resources for digital video software application development to pursue new revenue-generating video opportunities. Through our focus and partnerships with key industry players and existing customer relationships in the cable, satellite and telco markets, Terayon is well positioned for success."
About Terayon
Terayon Communication Systems, Inc. provides real-time digital video networking applications to cable, satellite and telecommunication service providers worldwide, which have deployed more than 6,000 of Terayon's digital video systems to localize services and advertising on-demand and brand their programming, insert millions of digital ads, offer HDTV and other digital video services. Terayon maintains its headquarters in Santa Clara, California; has sales and support offices worldwide and is on the web at www.terayon.com.
"Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995:
Except for historical information contained in this press release, the matters discussed in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements relating to the nature and expected outcome of Terayon's accounting review, statements relating to the strategic alternatives for the HAS product line, statements related to the expected reduction in operating expenses and expected charges associated with the restructuring, and other statements that are not historical facts.
The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: the timing and success of any hearing before a NASDAQ Listing Qualifications Panel, the timing and results of the completed review into possible accounting errors, the timing of the filing of Terayon's Form 10-Q for the third quarter of fiscal year 2005, the timing and filing of Terayon's proxy statement for its 2005 annual shareholders meeting, the need for any corrective actions in connection with Terayon's accounting practices, the actual timing and extent of any restatement of prior financial results, the reaction to any such restatement by Terayon's stockholders and customers, the timing and extent of actual restructuring charges, as well as changes in economic, business, competitive, technological and/or regularly factors and trends. Additional factors that may affect future results are contained in Terayon's SEC reports, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, particularly in the "Risk Factors" and "Management Discussion and Analysis of Financial Condition and Results of Operations" sections. Such filings are available at the SEC's website www.sec.gov. Terayon disclaims any obligation or intent to update and revise the statements contained in this release based on new information or otherwise.
Note: Terayon and the Terayon logo are registered trademarks of Terayon Communication Systems, Inc. All other trademarks are property of their respective owners.
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Source: Terayon Communication Systems, Inc.
Lowtrade Di- crossed over ADX(3) already. Look.
Like they say early birds gets the worm. I this case $ savings before losses.
http://stockcharts.com/def/servlet/SC.web?c=GTE,uu[w,a]daclyyay[db][pb50!b200!f][vc60][iut!Ub14!Ul3]...
What makes you sure that $150MM is as good as in the bank ?