Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BUYINS.NET: InterDigital Communications SqueezeTrigger Price Is $17.03. Short Sellers Down Approximately $7.8 Million as Company Raises Guidance
Sep 21, 2005 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announcedtoday that the 2.8 million shares declared short on InterDigital Communications(NASDAQ: IDCC) have a SqueezeTrigger Price of $17.03 per share The companyannounced that three new patent licenses will boost third-quarter revenue aboveits previous forecast. The company now expects revenue from patent licenseroyalties and technology sales of $47.5 million to $49.5 million, instead of the$34.5 million to $36 million previously projected. Short sellers are downapproximately $7.8 million as shares of InterDigital are now trading near$20.00. For more information on SqueezeTrigger, visithttp://www.buyins.net/squeezetrigger.pdf.
From January through July of this year, an aggregate amount of 15,303,695 sharesof IDCC have been shorted for a total dollar value of $260,684,054. The IDCCSqueezeTrigger price of $17.03 is the volume weighted average price that allshorts were short in shares of IDCC. Since crossing above that price, the sharesare up 15%.
InterDigital Communications Corporation (NASDAQ: IDCC) engages in the design,development, licensing, and sale of wireless technology solutions for voice anddata communications. Its solutions primarily include time division multipleaccess and code division multiple access technologies, as well as technologiescovering 2G, 2.5G, 3G, and 802 standards. The company's solutions areincorporated in various products, which principally comprise mobile phones andpersonal digital assistants; other wireless devices, such as laptops, PC cards,and USB sticks; base stations and other infrastructure equipment; and modulesand components for wireless devices. InterDigital Communications offers itssolutions to semiconductor companies and equipment producers primarily in Japanand Europe. The company was incorporated in 1972. It was formerly known asInternational Mobile Machines Corporation and changed its name to InterDigitalCommunications Corporation in 1992. InterDigital Communications is headquarteredin King of Prussia, Pennsylvania.
BUYINS.NET has built a massive database that collects, analyzes and publishes aproprietary SqueezeTrigger for each stock that has been shorted. TheSqueezeTrigger database of nearly 300,000,000 short sale transactions goes backto January 1, 2005 and calculates the exact price at which the Total ShortInterest is short in each stock. This data was never before available prior toJanuary 1, 2005 because the Self Regulatory Organizations (primary exchanges)guarded it aggressively. After the SEC passed Regulation SHO, exchanges wereforced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBBand PINKSHEET stocks. Each month the database grows by approximately 50,000,000short sale transactions and provides investors with the knowledge necessary totime when to buy and sell stocks with outstanding short positions. By trackingthe size and price of each month's short transactions, BUYINS.NET providesinstitutions, traders, analysts, journalists and individual investors the exactprice point where short sellers start losing money and a short squeeze canbegin.
This trading advantage can be used by the following professionals in these waysand more:
Institutional Investors: add SqueezeTrigger price to screens for tradinglong/short.
Individual Investors: validate entry price per stock by waiting forSqueezeTrigger.
Portfolio Managers: batch download triggers to enhance entry/exit price levels.
Traders: enter/exit trades at the exact price where volume and momentumincrease.
Buy-Side: optimize trade timing with the exact price that triggers morebuying/selling.
Sell-Side: build client base with greater entry/exit performance and potentialprofitability Brokerage Firms: increase in-house proprietary trading. Growassets under management.
Research Analysts: incorporate triggers into price targets to identify volatileprice levels.
Investment Bankers: use triggers to calculate stock buybacks, tender offers,offer pricing.
Stockbrokers: attract more clients with better predictions and potentialhighflyers.
Financial Planners / RIAs: optimize trade performance and potential APR%.
Mutual Funds: identify key trigger points to build/reduce large positions.
Hedge Funds: form long/short equity models with potentially explosive returns.
Lawyers: investigate and litigate naked short selling, bear raids, toxicfinancings, etc.
IR/PR: broadcast and publish key fulcrum points in specific stocks.
Journalists: write and publish unique stock stories with one-of-a-kind datasource.
CEOs, CFOs, CIOs: time buybacks, build shareholder value, prosecute illegalactivity.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholders of publiclytraded US companies fight naked short selling. Naked short selling is theillegal act of short selling a stock when no affirmative determination has beenmade to locate shares of the stock to hypothecate in connection with the shortsale. Buyins.net has built a proprietary database that uses Threshold list feedsfrom NASDAQ, AMEX and NYSE to generate detailed and useful information to combatthe naked short selling problem. For the first time, actual trade by trade datais available to the public that shows the attempted size, actual size, price andaverage value of short sales in stocks that have been shorted and naked shorted.This information is valuable in determining the precise point at which shortsellers go out-of-the-money and start losing on their short and naked shorttrades.
All material herein was prepared by BUYINS.NET, based upon information believedto be reliable. The information contained herein is not guaranteed by BUYINS.NETto be accurate, and should not be considered to be all-inclusive. The companiesthat are discussed in this opinion have not approved the statements made in thisopinion. This opinion contains forward-looking statements that involve risks anduncertainties. This material is for informational purposes only and should notbe construed as an offer or solicitation of an offer to buy or sell securities.BUYINS.NET is not a licensed broker, broker dealer, market maker, investmentbanker, investment advisor, analyst or underwriter. Please consult a brokerbefore purchasing or selling any securities viewed on or mentioned herein.
BUYINS.NET will not advise as to when it decides to sell and does not and willnot offer any opinion as to when others should sell; each investor must makethat decision based on his or her judgment of the market.
BUYINS.NET and SQUEEZETRIGGER are intended for use by stock marketprofessionals. As a member, visitor, or user of any kind, you accept fullresponsibilities for your investment and trading actions. The contents ofBUYINS.NET, including but not limited to all implied or expressed views,opinions, teachings, data, graphs, opinions, or otherwise are not predictions,warranty, or endorsements of any kind. Please seek stock market advice from theproper securities professional, or investment advisor.
By visiting BUYINS.NET or using any data or services, you agree to assume fullresponsibility for the decisions or actions that you undertake. BUYINS.NET, LLC,its owner(s), operators, employees, partners, affiliates, advertisers,information providers and any other associated person or entity, shall under nocircumstances be held liable to the user and/or any third party for loss ordamages of any kind, including but not limited to trading losses, lost tradingopportunity, direct, indirect, consequential, special, incidental, or punitivedamages. As a user, you agree that any damages collected shall not exceed theamount paid to BUYINS.NET and/or its owners. As a website user, you agree thatany and all legal matters of any kind are to be reviewed and handled in theirentirety within the State of California only. By using the services of thiswebsite, you are consenting to the terms as outlined, and forfeit all legaljurisdictions in any other State.
Past performance is not a guarantee of future outcomes. Any and all examples arehypothetical and should not be considered a guarantee or endorsement of suchtrading activity. BUYINS.NET does not take responsibility for problems of anykind, including but not limited to issues with operations, data accuracy orcompleteness, contacting issues, technical issues, and timeliness. BUYINS.NETplaces great integrity on the data collected and distributed. This informationis deemed reliable, but not guaranteed. All information and data is provided "asis" without warranty or guarantee of any kind.
Please seek investment and/or trading advice, council, information or servicesfrom a securities professional. You should consider these factors in evaluatingthe forward-looking statements included herein, and not place undue reliance onsuch statements. The forward-looking statements in this release are made as ofthe date hereof and BUYINS.NET undertakes no obligation to update suchstatements.
This release contains "forward-looking statements" within the meaning of Section27A of the Securities Act of 1933, as amended, and Section 21E the SecuritiesExchange Act of 1934, as amended and such forward-looking statements are madepursuant to the safe harbor provisions of the Private Securities LitigationReform Act of 1995. "Forward-looking statements" describe future expectations,plans, results, or strategies and are generally preceded by words such as "may","future", "plan" or "planned", "will" or "should", "expected," "anticipates","draft", "eventually" or "projected". You are cautioned that such statements aresubject to a multitude of risks and uncertainties that could cause futurecircumstances, events, or results to differ materially from those projected inthe forward-looking statements, including the risks that actual results maydiffer materially from those projected in the forward-looking statements as aresult of various factors, and other risks identified in a companies' annualreport on Form 10-K or 10-KSB and other filings made by such company with theSecurities and Exchange Commission.
CONTACT: Thomas Ronk Tel: +1 949 675 4410 e-mail: tom@buyins.net
M2 Communications Ltd disclaims all liability for information provided within M2PressWIRE. Data supplied by named party/parties. Further information on M2PressWIRE can be obtained at http://www.presswire.net on the world wide web Inquiries to info@m2.com.
(C)1994-2005 M2 COMMUNICATIONS LTD
**********************************************************************
As of Saturday, 09-17-2005 23:59, the latest Comtex SmarTrend(SM) Alert,an automated pattern recognition system, indicated an UPTREND on05-23-2005 for IDCC @ $17.48.
(C) 2005 Comtex News Network, Inc. All rights reserved.
DJIA 10,408.40 73.10
Nasdaq 2,114.13 17.20
S&P 500 1,213.88 7.46
Russell 2000 653.41 7.22
CBOE Volatility 13.55 0.91
30 Yr Bond 4.46 0.06
10 Yr Bond 4.18 0.06
FreeRealTime.com Wireless!
Keyword Search
Enter Keyword
$7 TRADES!
Exchange market data provided by DTN Market Access. Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither FreeRealTime.com nor any of its data or content providers shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the FreeRealTime.com site, a member has agreed to the FreeRealTime.com Member Agreement.
Copyright © 1998-2005 FreeRealTime.com, Inc. All rights reserved.
User Agreement, Privacy Statement, Version 3.50
Nokia? Vivendi? Who cares?
Not markets but elections to worry about
By Steve Goldstein, MarketWatch
Last Update: 12:46 PM ET Sept. 13, 2005
LONDON (MarketWatch) -- It wasn't so long ago that if mobile-phone maker Nokia or media giant Vivendi Universal turned more optimistic about its prospects, European stock markets, if not U.S. stocks as well, would rally.
On Tuesday, both Nokia (NOK: news, chart, profile) and Vivendi Universal (V: news, chart, profile) lifted their earnings guidance -- and the German DAX declined 1.8%, the French CAC fell 0.9%, and the U.K. FTSE 100 closed 0.7% lower.
Sure, it's not 2000 anymore, but European traders these days are completely absorbed by campaigns and votes -- whether for the European Union constitution (over the past summer) or for Germany's parliament (this week).
The TMT sector? Zzzzzzzzzzzzz.
"Given the context, the market focus is on bigger things, and that's simply the German general election," said Akber Khan of Deutsche Bank's European Equity Focus Team.
What's it going to take for the likes of Nokia or Vivendi to move markets? Don't ask now. There's an election going on.
With markets more absorbed by election polls than profit goals, Rolf Elgeti, a strategist for ABN Amro, called European technology stocks -- gasp! -- value plays.
"For the first time in a while they look quite reasonably valued," he said. "You don't have to pay a premium for technology-sector growth."
Of course, there are also company-specific reasons Nokia and Vivendi don't carry as much weight of late as they have in the past.
Vivendi, after all, is no longer the film-studio-to-water utility-to-theme-park behemoth it was when Jean-Marie Messier was racking up debt. It's now a pared-down play on recorded music, video games and the French broadcasting and mobile-phones market.
As for Nokia, it may be still the world's leading seller of mobile phones, but, after its profit warnings of 2004, the markets don't necessarily respond to its every pronouncement.
That's most visibly seen in Ericsson (ERICY: news, chart, profile) , maker of the equipment that mobile-phone companies use to run their networks.
On Tuesday, Swedish-listed Ericsson shares were lower, and, as the chart above shows, a big move at one company isn't necessarily matched by a move in the other.
What's it going to take for the likes of Nokia or Vivendi to again move markets?
Don't ask now. There's an election going on
OT: anybody else here besides me sick of looking at Brad Pitt?..........
OT:Boy...did Ethan Allen Have nice stuff today..eom
well either tonight Im shopping with my wife at Ethan Allen, or we are having Oatmeal for dinner.........should be interesting
IMHO........last time they had a huge announcement to make....it led to all this with bad feelings from Nokia.....seems to me they just want to get it right this time and have someone else's blessing first........lets hope
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4686767&tid=idc&sid=4686...
just as FYI incase you know who he is here....
abosultely ridiculous when a Court or Tribunal sets a mandated deadline and then just simply blows buy it by two days and counting. Who holds them accountable?....someone should be able to kick them in the ass and say....."Do your jobs now, or you wont have one"........
please.......its always the little guy that suffers all the red tape garbage that comes along with missing deadlines.............and the big entities just keep getting away with not answering for it...
I agree with you.....you could be right on the money. That would make more sense than the opposite..........
I think Carpenters report about the two camps at IDCC says it all. More importantly its about as he said "it's obvious who prevailed"..................I'll live with that....Howard was just a lawyer and rip had the talent of gab like a car salesman.
nuff said
Personally I like the Move. Yes it may stir some waves for now but I never liked Goldberg. Maybe because Merritt he was involved in a more dynamic part of the company and knows these companies face to face, things will now get done.
Im not one for lynching management when I'm disappointed with IDC but Im actually feeling good about Bill Merritt being in charge of all ends. He also is a better speaker on the CC and lets hope hes better on TV than Howard. Howard was God awful.
The thing that would really worry me would be if we lost our CTO Alain Briancon. Thats the guy we need to stay put. I think he is key ......and he is still here...........
In my opinion it was probably more like HG would be the type to stand in the way of a settlement rather than agree on one. Maybe this and the both of them with their hands in the cookie jar awhile ago caused them to be launched. That press release was a nice way of saying they were terminated................no way them two Bozo's would just move on to look for new interests......certainly not now........
Do they think we are that blind?...nobody leaves this close to seeing if they accomplished what they set out too........
unreal
You think we got an interesting twist in legal events...read this.lol
Feb 05, 2005 (Richmond Times-Dispatch - Knight Ridder/Tribune Business News via
COMTEX) -- Infineon Technologies AG argued for dismissal of Rambus Inc.'s
patent-infringement lawsuit in Richmond federal court yesterday, alleging
evidence destruction, perjury and other suit-related misconduct by Rambus.
John Desmarais, Infineon's lead attorney, used audio-visual gadgets to lay out a
case that Rambus had systematically destroyed company documents and had
attempted to keep that fact hidden from Infineon.
He described a document-shredding event held by Rambus in August 1998 in which
employees filled so many burlap sacks with documents that they overwhelmed a
28,000-pound shredding truck. The event concluded with a party featuring pizza,
beer and champagne, he said.
The shredding was part of a "battle plan" by Rambus to pursue infringement
claims against Infineon and other memory-chip manufacturers, Desmarais said. The
Infineon lawyer was aided in his arguments by e-mails and other documents he
obtained after the court ruled last year that Rambus' attorney-client privilege
does not apply because documents were destroyed on the advice of counsel.
Desmarais said it is permissible for a company to throw away old, unneeded
documents but not when they may be needed as evidence by the other side in an
upcoming lawsuit. He argued that the case's dismissal is the only way to send a
message to others not to engage in such conduct.
The Infineon lawyer also alleged that Rambus had re-created some destroyed
documents to mislead others about the extent of its shredding, a suggestion that
seemed to shock U.S. District Judge Robert Payne. "Do you not understand the
significance of what you are saying?" he asked Desmarais.
The hearing continues this morning, but Payne has indicated that a full
evidentiary hearing will be needed to settle the dismissal motion.
Gregory Stone, Rambus' lead attorney, told Payne that even if an evidentiary
hearing is held he wants today to rebut the more egregious allegations made by
Infineon against Rambus' people. He characterized Infineon's charges as
"character assassination by ambush."
Infineon is a German-owned maker of computer memory chips and other electronic
products. Its only U.S. plant employs 1,750 people in Henrico County.
Rambus, a semiconductor-design company based in Los Altos, Calif., filed suit
against in Infineon in 2000. It alleged that Infineon infringed on its patents
related to memory-chip design.
The case was tried in 2001. Payne dismissed Rambus' infringement claims but let
Infineon's counterclaims of fraud against Rambus go to the jury. The jury found
against Rambus but the U.S. Court of Appeals for the Federal Circuit in
Washington overturned the verdict and sent the case back to Payne for a retrial,
which is set to begin Feb. 22.
Rambus asked to close portions of yesterday's hearing to protect documents it
still considers privileged, despite the court's ruling to the contrary.
Reporters for The Times-Dispatch and Bloomberg News and others in the courtroom
objected to the closing. After Payne heard from lawyers for the news
organizations, he attempted to accommodate Rambus' concerns but found that
unworkable and ruled that the documents could be discussed in open court.
By Greg Edwards
lol nobodys to big to get bought....look at this
http://story.news.yahoo.com/news?tmpl=story&cid=580&e=1&u=/nm/20050127/bs_nm/telecoms_at...
Business - Reuters
Reuters
SBC in Talks to Buy AT&T -- Sources
49 minutes ago
Add to My Yahoo! Business - Reuters
By Justin Hyde
WASHINGTON (Reuters) - SBC Communications Inc., the No. 2 U.S. telecommunications company, is in talks to acquire AT&T Corp. for more than $15 billion to bolster its business with large corporations, sources familiar with the talks said on Thursday.
Such a deal would likely spell the end for AT&T, the once-ubiquitous "Ma Bell" whose history dates back 120 years to the invention of the telephone. With AT&T retreating from its consumer business, SBC is interested in AT&T's corporate clients and international telephone and data networks, the sources said.
Spokesmen for SBC and AT&T declined to comment.
Combined, the companies would be about the same size as Verizon Communications Inc., the nation's biggest telecommunications company. A merger would likely face antitrust hurdles.
"Regulatory issues are not insurmountable, but we believe they would create a long and controversial approval process. We believe the time commitment would reduce the attractiveness of any effort to get the deal done," said Lehman Brothers analyst Blake Bath.
Shares of AT&T, the largest U.S. long-distance company, surged 6.8 percent. SBC shares fell 2.9 percent.
For SBC Chairman Ed Whitacre, a voracious acquirer during his 15-year tenure at the helm of company, buying AT&T would complete a transformation of SBC from a regional local telephone companies into an international force in wireless and wireline communications.
A combination of AT&T and SBC also would reunite a "Baby Bell" with its former parent -- a union former Federal Communications Commission (news - web sites) chief Reed Hundt deemed "unthinkable" in 1997.
Consumer advocates echoed those sentiments on Thursday.
"For SBC to gobble up its original parent company would finally put much of local and long-distance competition in the grave," said Gene Kimmelman, senior director of public policy for Consumers Union.
AT&T, which has a market value of $15.7 billion, has been slammed by increasing competition from SBC and other dominant local carriers. The company held unsuccessful merger talks with BellSouth Corp. in 2003, but the Baby Bell walked away after seeing AT&T's revenue and growth potential shrink daily. Finding the right value and price tag for AT&T was like "trying to weigh a falling rock," one analyst said at the time.
ERODING REVENUE
The merger talks with SBC come after a rough year for AT&T, which saw 14,000 job cuts, a $11.4 billion write-down in its assets, and a 11.6 percent drop in full-year revenue. AT&T expects more jobs cuts and a 15 percent to 18 percent decline in revenues this year.
AT&T and other long-distance companies such as MCI Inc. have been battered as the Baby Bells have begun competing head-to-head in their markets. AT&T's business revenue fell 10 percent last year, and analysts expect a similar decline this year.
After winning approval from federal regulators to enter the long-distance market, SBC began hawking services to large businesses about a year ago and gained traction among regional clients.
However, the company lacks the global reach to serve the top-tier multinational corporations. AT&T dominates that market, a tough segment with customers who rarely switch providers due to the complexity of their networks. The Bells would have to spend billions to match the international networks that AT&T has built over decades.
AT&T Chief Financial Officer Tom Horton said last week that the U.S. long-distance telephone market was ripe for consolidation, with too many small companies pursuing too little revenue. Consolidation could end a spiral of ever-lower prices for corporate voice and data services, he said.
Verizon said on Thursday it would stick to its strategy of building its corporate business on its own. It has focused on smaller, regional customers and aimed to become a secondary telephone or data provider for the biggest companies.
Banc of America analyst David Barden said investors may question why SBC would try to pounce now instead of waiting for competition to whittle AT&T further.
SBC might be smarter to concentrate on its Cingular Wireless joint venture, which just completed a $41 billion acquisition of AT&T Wireless, other analysts said. Buying AT&T now would merely slow SBC's overall growth, give it a stagnant long-distance business and present additional capital spending needs, they said.
"SBC needs AT&T like a hole in the head. We believe they would be better off owning all of Cingular," said Greg Gorbatenko, an analyst with Marquis Investment Research.
Cingular, the largest U.S. mobile provider, is a joint venture of SBC and BellSouth.
AT&T shares were up $1.25 to $19.70 in afternoon trade on the New York Stock Exchange (news - web sites). SBC was down 71 cents to $23.87.
Investor enthusiasm for a potential takeover of AT&T spilled over to rival long-distance carrier MCI Inc., which saw its stock jump 69 cents, or 3.7 percent, to $19.35. (Additional reporting by Jessica Hall in Philadelphia and Jeremy Pelofsky in Washington)
(
something I noticed of possible interest to others, I recently received my 2004 annual report from Lucent. At looking at the legal obligations and them naming all their legal proceedings, I saw nothing of the Tantivy case listed. All others were, including other companies going after them under the RICO statute.
It seemed all cases should have been listed no matter how small in scope compared to others right?
opinions?
anybody here watching the situation with Sierra wireless?....wow
FEATURE-China's Huawei challenges Western telecoms suppliers
Thu Jan 20, 2005 10:15 PM ET
By Sophie Taylor
SHENZHEN, China, Jan 21 (Reuters) - When a young company's headquarters resemble a small city, chances are it has big plans.
China's largest telecoms equipment maker, Huawei Technologies, boasts a sprawling, 11.3-square-kilometre (4.4-square-mile) complex in the southern boomtown of Shenzhen, where more than half its 24,000 staff toil to propel the brand onto the world stage.
Huawei's soaring sales and recent deals have attracted the attention of would-be investors eager for it to list on the stock market, and competitors wary of low-cost Chinese manufacturers staking claims in Western markets.
Last month, it won its first major European contract, pipping Sweden's Ericsson (ERICb.ST: Quote, Profile, Research) for a deal worth up to 400 million euros ($530.1 million) to build a third-generation (3G) mobile network for Telfort of the Netherlands.
"The next two years will be very good for us in Western Europe. We started from emerging markets because there is less competition," said Huawei spokesman Richard Lee, after a brisk march past a series of bustling, pristine assembly lines.
Driven by business in markets such as Russia, the Middle East and Africa, Huawei's international sales climbed 117 percent to $2.28 billion last year, while revenue in the saturated China market rose 18 percent to $3.3 billion.
CHINA'S NEXT CHAMPION?
Huawei has said exports could grow to as much as $4 billion in 2005 as it focuses on battling the likes of Motorola (MOT.N: Quote, Profile, Research) , Ericsson and Nokia (NOK1V.HE: Quote, Profile, Research) in Western Europe and North America.
Huawei's rivals acknowledge the pressure.
"Where they compete is on price," said Richard Wright, a Hong Kong-based spokesman for Canada's Lucent Technologies (LU.N: Quote, Profile, Research) . "Competitors such as this one force us to be better for our customers."
While China excels at making things cheaply, its companies have struggled to build their brands overseas. That may be changing. Last month, top Chinese PC maker Lenovo Group (0992.HK: Quote, Profile, Research) agreed to buy the personal computer business of IBM (IBM.N: Quote, Profile, Research) for $1.25 billion.
Appliance maker Haier (600690.SS: Quote, Profile, Research) and TV and mobile phone manufacturer TCL Corp. (000100.SZ: Quote, Profile, Research) have also made inroads abroad.
Low-cost Huawei exerts an outsized influence, analysts say.
"Huawei may still make less revenue than major players like Alcatel (CGEP.PA: Quote, Profile, Research) and Siemens (SIEGn.DE: Quote, Profile, Research) , but its growth rate is much higher, so its impact on the markets is much greater than its actual size," said Gartner analyst Bertrand Bidaud.
"Their next step will be to clinch a deal with a major international player. They are clearly negotiating with several major operators, which will give them more credibility," he said.
IPO EYED
Huawei's lack of brand resonance is the biggest challenge to breaking into top-tier markets, Lee said.
"We will do an IPO, but we don't have a timetable. We do aim to be a transparent public company ... It will help us improve our brand," he said.
The company is not under financial pressure to list, Lee added, after securing a $10 billion line of credit from China Development Bank last month.
But Bidaud argues that the bigger Huawei gets, the more urgently it will have to think about going public.
"At some point, Huawei's potential tier-one customers will demand a higher level of transparency, which will force the company to go public," Bidaud said. "Going public is not only a financial question, but also a strategic one."
But if Huawei plans an IPO, it should address perceptions about its background and ownership, said Duncan Clark, managing director of Beijing telecoms consultancy BDA China Ltd.
The company bristles at suggestions that it has ties to the People's Liberation Army. Huawei's low-profile chief executive officer, Ren Zhengfei, a former PLA soldier, founded Huawei in 1988.
"It's a private company. It's 100 percent owned by the employees," said Lee. "It has nothing to do with the PLA."
Huawei's image was bruised when U.S. giant Cisco Systems Inc. (CSCO.O: Quote, Profile, Research) sued it in 2003, accusing the firm of copying its intellectual property and infringing on patents. Last year, Cisco dropped the suit after Huawei took steps to address its concerns.
"It may not be that any of those are valid issues, but certainly those would be played up by foreign vendors lobbying (against them)," said Clark. "Telecoms is a highly political industry." (US$1 = 0.7545 euro)
© Reuters 2005. All Rights Reserved.
non event, everyone relax.......if your an exec that has over 200,000 shares and more coming in the future, there is nothing wrong with selling 15,000 for a little profit. Im not worried....at least we know for sure there is going to be no surprise negative announcements coming....nobody wants to be like Martha
just a few....pretty promising if you read Option releases throughout 2004...I for one am excited to see IDCC getting deals from these companies besides just the cell phone makers.......
Option 3G Data Card spearheads Proximus launch of 3G UMTS Data Services
Leuven - Belgium, May 13 2004 - Option N.V. (Euronext: OPTI), the wireless technology company, today welcomed the launch by Proximus of its high speed data service using Option’s 3G UMTS PC Data Card. The Vodafone Mobile Connect 3G/GPRS high speed data card for notebook and laptop PCs has been specifically customised to promote both the Proximus and Vodafone brands to the Belgian market. The Vodafone Mobile Connect 3G/GPRS data card was developed, manufactured, and is supplied to Proximus by Option.
In addition to the Proximus/Vodafone co-branding on the data card, Option has been working closely with Proximus in the design and development of a special version of the Vodafone Dashboard software that is automatically configured for the Proximus 3G and GPRS networks and supports the Dutch, French, and English languages required for the Belgian market.
Jan Callewaert, CEO Option: “By enabling Proximus to offer the first 3G data card solution in Belgium, Option reinforces its worldwide reputation as a world leader in wireless data technology. We are pleased that through this offering the mobile professional, small and medium enterprise, and the larger corporate customer will be able to experience the huge benefits that Proximus brings with its 3G network in Belgium.”
Philippe Vander Putten, CEO Proximus: "The launch of the Vodafone Mobile Connect 3G/GPRS data card is a major milestone in Proximus' journey. With this first 3G service Proximus wants to reinforce its Mobile Business Solutions strategy - tailored to help companies increase their productivity, efficiently control their costs and generate revenues. Option has actively contributed to personalise the data card and the software to allow Proximus to offer a product who fully comply with the needs of his business clients."
The Vodafone Mobile Connect 3G/GPRS data card plugs into a laptop and provides a simple, integrated and secure means of accessing information and data anytime, anywhere, staying always connected while only paying for the information they actually send or receive.
With data rates of up to 384kbps, the Vodafone Mobile Connect 3G/GPRS data card enables Proximus business customers to access all their usual office applications such as e-mail, calendar and internet at up to 7 times the speed of a fixed line dial up, and up to 10 times the speed of GPRS.
Currently Option supplies the 3G/GPRS Vodafone Mobile Connect Card to over 15 mobile operators within the Vodafone 3G footprint.
Option GlobeTrotter Fusion™ selected by Vodafone to extend range of broadband wireless solutions
Option N.V. (Euronext: OPTI), the wireless technology company, today announced that Vodafone PLC, the world's largest mobile community has selected the GlobeTrotter FUSION™ , the wireless PC data card from Option combining both 3G and WLAN/Wi-Fi technologies in a single product, to further extend their broadband wireless data solutions to the corporate market. Option has already secured orders from Vodafone and products will begin shipping following the commercial roll-out plans for each of the Vodafone countries before year-end. The products will be sold under the Vodafone brand – Vodafone Mobile Connect 3G data card.
Option amongst Europe’s 500 fastest growing companies
Leuven, Belgium – October 21st 2004 - OPTION (Euronext: OPTI), the wireless technology company, today announced that it has been listed amongst the fastest growing European companies included in the 2004 Europe's 500, an annual listing endorsed by Microsoft, Boston Consulting Group, PricewaterhouseCoopers and 3i and published by Europe’s Entrepreneurs for Growth.
Option is one of 34 companies in Europe in the ‘Communications & Electronics’ sector who managed to qualify for Europe’s 500.
This year’s five hundred dynamic, entrepreneurial-driven companies who qualified for Europe’s 500 have managed to sustain growth since the year 2000, boosting employment and sales at an impressive average annual rate of 15%. Despite the challenging business environment, these champions of growth have created more than 120,000 jobs across Europe. They have continued to drive employment creating an average of 81 new jobs per year, more than one new job per week per year during three of the most difficult economic years in the last half decade.
Jan Callewaert, CEO Option: “We are pleased to have made the Europe’s 500 list for the first time in the history of our company. Both our GPRS and 3G PC data cards are the product hits that are feeding our growth. Close co-operation with our customers, the mobile network operators worldwide, and a relentless focus of our team on innovation and execution are the key success factors.”
Europe’s 500 shows that growth is not industry specific but is driven by talented, innovative, risk-taking entrepreneurs. The highest number of champions of growth in the 2004 Europe’s 500 are found within manufacturing (industrial goods) and industrial services sector, 30% of the five hundred companies, followed by IT services (15%) and management services (10%).
“Given the economic environment of the last few years, Option’s continued growth is a real achievement. Europe needs to stimulate employment and innovation through more fast growing companies like Option. We believe that these champions of growth should be recognised as role models” said Philippe Leonard of Europe’s 500.
The Europe’s 500 listing identifies rapidly growing European companies for their employment creation and rapid growth. Option will be officially recognized and honoured for its remarkable business achievements and growth in employment at the Europe’s 500 Awards Dinner on 7 December in Paris.
Lucent China Intends to Step into PHS Market
, 11.29.04, 12:51 PM ET
Asiaport Daily News
CHINA, Nov 29, 2004 (SinoCast via COMTEX) -- Lucent Technologies (China) Co.,Ltd., the Chinese arm of the US-headquartered Lucent Technologies Inc., will march into the Chinese mobile handset market from Personal Handyphone System (PHS).
A senior official at Lucent Qingdao, a communication equipment subsidiary of Lucent Technologies, reveals that when PHS were rapidly flared around China, Lucent Technologies was sleeping, but the company will engage in the business that is estimated to be a new profit-making area.
Lucent China established the mobile phone division this July tostart its telecom terminal business in China, the world's largest cellphone market. Moreover, the company reveals that itwill likely step into Asia-Pacific CDMA market in the future when the business pattern matures.
In the past ten years, Lucent Technologies has been supplying telecommunication system equipment for telecom carriers and itsannual operating revenue had ever reached USD 40 billion. However, the telecom industry had been in the downturn in recent years and Lucent Technologies had seen loss in 13 concessive fiscal quarters.
Copyright (C) 2004 SinoCast, All Rights Reserved
E-mail / Comments / E-Mai
mschere, yes there was a blurb. Fagen said we should see some revenues in 05. He wasnt sure how much impact they would have yet because they have not finalized the contract yet and are nailing that down now. So how much of the WCDMA solution we deliver to them is still being determined........he also added that they should be able to have a news release to address those facts as well hopefully soon.......
Sounds like Tom Carpenter..eom
lol they are talking about IDCC
LOL maybe we will over hear the rumour like a fly on the wall!!!!
Spencer thats just my signature....thats not directed at you on the bottom....just want to get that straight...LOL
filling in the gaps.......eom
Schaeffer's Street Chatter Highlights the Following Stocks
#3 InterDigital Communications (Nasdaq: IDCC) develops and licenses circuitry
designs, software, and other technology using CDMA and TDMA (code- and
time-division multiple access) wireless telecommunications standards. The
company is also developing microchips and software to enable voice and data
transmissions in mobile phones and portable computing devices. From a technical
perspective, the stock has finally broken free. Since mid-August, the shares
were range bound between resistance at 17 and support at 15.50. However, the
equity has finally broken above overhead resistance and is currently poised to
finish the week above its 10-week and 20-week moving average for the first time
since late July. Looking ahead, the shares must still contend with their
10-month (at the 18 level) and 20-month (at the 19 level) moving averages. These
long-term trendlines have capped the stock's monthly closes since February.
Sentiment is somewhat mixed on this security. The equity's SOIR sits at 0.48, as
calls more than double puts among near-term options. This reading is also higher
than only 42 percent of all those taken over the past 52 weeks. Meanwhile, short
interest dropped by 12 percent in October to 2.7 million shares. These bearish
bets now account for 5.42 percent of the security's float, which is still
relatively high. What's more, the equity's short-interest ratio rests at a lofty
9.52 days to cover. These pessimistic positions could add some serious support
to the shares in a short-squeeze situation. Wall Street has yet to jump on
IDCC's bandwagon, with only four analysts following the firm (two "buys" and two
"holds"). Any upgrades and/or additional coverage could also send the shares
shooting higher. IDCC is one stock traders may want to keep an eye on to see if
it can hold above resistance at the 17 level.
From what I understand....the company can only buy on a down tick...........
dont know for sure, but as in my case I have a headphone jack in the desktop speaker which allows my to listen to the system. They are made by Boston Acoustic......
Thanks.....I wish I could apply this card to trading....I have been stuck in the mud for quite sometime since the 99 bubble burst. My portfolio isnt losing too badly, but it sure cant get out of its own way either.........
Anyway, if it hasnt been discussed or if it has and someone could point me to certain posts....has anyone compared the differences between DDR ram and RD ram....and is there a clear winner in anybodys opinion? I know DDR is more affordable because of its open architecture, but Im just curious..........thanks
Quick opinion of BFG's new GeForce 6800 GT Overclocked.
Specifications: GPU NVIDIA GeForce 6800 GT, Bus Type AGP, Memory 256MB GDDR3, Core Clock 370MHz (vs. 350MHZ standard), Memory Clock 1000MHz (effective), RAMDAC Dual 400MHz, API Support Microsoft DirectX 9.0, OpenGL for Microsoft Windows, Connectors VGA, DVI, S-Video-Out, 555 million vertices/sec setup, 32.0GB/second memory bandwidth.
In case anyone is contemplating a new graphics card soon, I can say I am very impressed with the quality from the BFG company. There is a lifetime warranty and 24/7 tech support with this card. It is very quiet for having two fans built onto it and even in Doom 3 the card doesnt heat up much higher than 75C. I have installed some Beta Drivers version 6.6.7.2 from http://www.3dchipset.com/ which apparently had leaked out from NVIDIA. The drivers are stable and even run nice on my dads machine which has a GeForce 5900 Ultra. I scored a 5235 in 3Dmark05....with P-4 2.8 GHZ and 1Gig of DDR Ram 400MHZ by Crucial Tech and a 62799 in Aqua Mark. This slim card design also only takes up the AGP port instead of tying up the PCI slot next to it like the FX5900 Ultra. I dont want to get into a NVIDIA vs ATI thing here, this is just for any NVIDIA fans here who are looking to upgrade..........Thanks
China's Huawei intends to boost U.S. presence
Monday June 21, 5:34 pm ET
CHICAGO, June 21 (Reuters) - Huawei Technologies Co. Ltd., China's largest maker of telecommunications equipment, intends to boost its U.S. presence through a combination of internal growth, partnerships and acquisitions, the company's head of optical networking said on Monday.
"There are many opportunities we are looking for to fit our formula," Sun Yelin told Reuters through an interpreter at Supercomm, an industry trade show here. "We are continuing to invest in this market. America is very important to us."
Huawei's sales soared 42 percent last year to $3.83 billion due to its fast-growing business outside China, which almost doubled to $1.05 billion. The company does not break out U.S. sales, but Sun said they are not large at this point.
Most of the company's success has been in less developed markets like Russia and Egypt, although Huawei has made inroads in more mature markets such as Hong Kong, Germany and France.
The Chinese company said last year it expects 2004 sales to climb to about $5 billion with exports as much as $2 billion.
Huawei makes routers and switches that typically cost 20 percent to 40 percent less than comparable products from global rivals, including Nortel Networks Corp. (Toronto:NT.TO - News; NYSE:NT - News), Lucent Technologies Inc. (NYSE:LU - News) and Cisco Systems Inc. (NasdaqNM:CSCO - News).
Huawei will grow its U.S. business internally through its Futurewei U.S. subsidiary, which was established in 2001, as well as more joint ventures following the model of its deal with network equipment maker 3Com Corp. (NasdaqNM:COMS - News), Sun said.
Acquisitions will also be an element of the growth strategy, he added. "We are looking for the potential opportunity to do more," he said of such deals.
Over the past two years, Huawei has acquired a maker of equipment for the long-distance telephone market and a network chip maker.
Another factor in its expansion will be its long-awaited initial public offering of stock, said Sun, who did not disclose the time table for such a move.
"Huawei is preparing for the IPO," he said. "We think it will help us to expand our recognized brand globall
Is it reasonable to say that since nobody knows what is in these documents, maybe they wont be of any help to Nokia at all........maybe even they will wind up regreting that they got what they wished for?
JMHO
youve got to be kidding thats it??eom
dont care how bad the market is we dont deserve this today..MHO
damned day trading blood sucking leeches got us again
its nice to be on the leaderboard again..eom