is... a buy and hold investor of dividend US and Canadian stocks
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My vaporware posting is not just a foggy delusion. There is nothing on the uWink site right now that represents anything outside of what is currently deployed in their restaurants, hence it is not vaporware. The concept of selling software that does not exist yet is commonplace. You will see nothing on their web site that is specific to airports or retirement homes. The retirement home thing is under development. So let's get this straight. I did read some stuff on that previous new.uwink.com site that did not exist yet and is vaporware. I seem to remember loyalty related stuff in airports. At present that, along with the retirement home functionality, is under development, hence is vaporware. Not being negative, just factually correct.
Yes their sales efforts are well underway. They had better be. If you have ever been in a sales presentation you will know that the job of the pre-sales consultant is to assure the customer that the software in question, if it is a license sale of an established product) will do whatever it is the customer wants. But the vendor does not want to be caught lying. that is misrepresentation and is legally actionable. It can be a fine line. Unless you have been involved in this you have no idea how complex it can become. The web site represents that. They would be getting themselves into trouble if they directly came out and said thay had something they don't have. My first involvement with software was with Baan back in 1993. I remember walking into that office, seeing the literature, and thinking that the software was wonderful and could do anything. That literature is now a company's website. Boy, was I wrong! Look up their dealings with Nortel in the 90's if you like. What a pair!
Now, on to more practical matters. I agree with you. The chilis thing is great.. so what would the sales process be? Who are they selling to? the onwer of that franchise? the corporate office? has money changed hands yet? how big would be first installion be? how would that affect the chain.. and what would the change management strategy be? I would think if this were a contract we would have heard about it.. nothing but questions, questions , questions..
food for thought.
where did you get the 12 restaurants/ airport location from? did not see that...
Just a comment on the website. It is now a nice website that comes across as a software vendor with restaurants, not a restaurant chain with cool technology. Very well done.
All of the products on this page;
http://www.uwink.com/technology/products
are what is available in the restaurants. There is not one thing there that I would consider new or not a part of what is in the restaurants. There is nothing there unique to an airport environment or a seniors environment, for example. All of those features are integral to Woodland, HH and MV. Remember it does not matter what is being sold, those things are easily personalized. Simply download some photos and writeup, and you are there.. But, it is very well presented now as packaged products. All they need now is a pricing scheme and they are off to the races.
It looks like their first generally available offering is the Quick service Restaurants. They have a name there, Jeff Kelly (Inside Sales guy?). Those looks like items that are available at a firm price. Derivatives of the restaurant software.
I would think that a 6-month sales cycle is reasonable. So, I maintain the best thing is a end of year. beggining of year play.. sales likely in the New Year, with new budgets..
looks good to me.. trading that fine line between BS (vaporware) and selling the future.. afterall I have said many times that s/w companies sell it.. then build it..!
I will give it a more thorough look-see later..
no response eh ? (go uwink go)... my function here is to provide a little perspective and balance go U go.. so people don't get overly (GO UWINK GO) excited...
go U go
EOM
what do you think the fan on a PC is used for.. COOLING? lol.. some people think they are soooo smart...
go uwink go..! EOM
tell us what is different about those terminals being in H&H and Woodland and MV?
?
All right all right... go uWink Go.. rah rah uWink.,. ya definitely got a good one on me here...
HOWEVER!!!
I am surprised this information came out this way... was there no announcement of a deal or partnership or ANYTHING?
it is clear that this is the same application that is running in the restaurants, ergo it is clearly not "vaporware". It is the same product in a different location... the same basic application.
= video games + self-serve ordering...
I remember the airport stuff as being a different application altogether.. that would classify it as fully odorous vaporware... the kind you don't want to spill on yourself before going to a party.
U are not millionaires yet.
But... GO UWINK GO...
I don't mean to make light of something you take seriously. I take it seriously as well. My point was:
- selling for a profit is always good.
- combining stocks together like that, is not wrong, but works against the basic principles of diversification, which I am sure you are well aware of... therefore I hope you are very sure of yourself. I try not to do it.
Overall, congrats your success!
if you sold for a profit (I am not going to ask) and you REALLY REALLY believe in uWink.. good move. I know next to nothing about the other.
I know it is hard to fathom, but it happens.
While we are all LMAO... I just spilled gasoline all over myself.. I was filling up and they went and lowered the prices... I got more than I bargained for. Then of course I was too lazy to go in and get the credit... I had to try to fill it up.. you know when you try to get the tank completely full?
I was going to a party. I still went and promptly got kicked out. The whole place was high.. bad scene..
I am not kidding. Actually happened.
LMAO everyone.
I know Netman. We have the same rule here in Canada. It is termed a .. Superficial Loss. I would assume the investor would take that into account. My feeling would be to simply sell it for the cash flow, accept the loss and hope to be able to buy it back, accepting that you may not be able to and realizing you have to wait 30 days.
Anyway, glad you can see all sides of it
Quite the opposite in fact. Cool and calculating. Let's say an investor had bought 5K more shares at .52, resulting in a Personal Average Cost of 2.50. Similar to what Netman did in this case:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31633781
and holds 120000 sh.
I have posted previously that IMO the stock is more likely to go down than up after this recent buying spree, as forecast by the Money Flow Indicator and some common sense:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32272225
Common sense: today there was some decent volume but it did not go up at all. Weak buying pressure in an upward market. Turbulent but upward. Sucking, in other words.
So, if this investor coolly sells same 5K shares at .70, this does two things for them:
- they get an immediate cash flow of $1000, less transaction fees. This results from the difference between buying at .50 and selling those 5k shares at .70.
- they get a tax loss, which may not be immediately helpful, but can't hurt either. Read further, if the stock goes down you end up with the same number of shares anyway.
Fact is, if the stock does indeed go down they are better off than they are before. Let's say they buy the 5K back at .50 or .40. They are in exactly the same position they were in before with two differences:
- they have just gained $1000.
- they have lowered their Personal Average Cost by .09 to 2.41. Takes 5 minutes to work it out in a spreadsheet.
Trading strategy is critically important now, as this stock reaches it's true bottom or decision point. Financial instability counterbalanced by execution of strategy (building stores). Truthfully I am not sure what will happen to it, but the percentage difference between .50 and .70 makes strategy right now critically important.. yes it is good to buy low and gives you a good feeling.. but one should consider selling in a case like this and then sleeping on it. The tax loss may piss you off at first, but enjoy the $1000.. have an nBeer. You will feel better. And accepting losses is part of the game here.. that $1000 could go towards a winner that makes up for the tax loss... the tax loss will enable you to realize the profit from that without paying taxes!
btw, the loss in the above condition is $12500. The new Personal Average Cost is $2.41. Once you start doing this it only gets better...
May I suggest that you should sell some... since you bought at .52. Then if (when..) it crashes again you can bu them back cheaper, thus reducing your Personal Average Cost.
haha lol lmao. go suck some helium and say that..
little less "vaporware" might help..
I am trying. EOM.
OK.. EOM. never realized that..
My personal interpretation of the description of the Indicator.
When the (typical) price goes up in a given day = Positive Money Flow.
When (typical) price goes down in a given day = Negative Money Flow.
If the resulting upward price movement does not reward the investor when they buy with ST focus, after a time they take their profit and leave.. exactly what I was saying..
lol.. eom.. isn't it enough just to stop typing? lol...
i guess I need to learn to use this feature.. lolol.
what is "EOM"? this has been perplexing me since I learned to LMAO.
Yes it is up.. but...
Before my analysis, I just drove my car into my underground parking with my bike on top. lol... my cycling season is over. it is an old Bianchi from 1987, so a little wheel truing.. and I am back in the saddle. A Brooks brothers leather saddle, btw.. of course my bike rack is now screwed.. and a piece of trim ripped off of the roof of my 78 280Z.. yucks.
yes volume is always good. There was this kind of volume prior to or immediately upon, the HH opening. Would have been even better if the price would have gone up... but I am not trying to be sarcastic in saying that.. it is simply true. If I were long (which I am not) I would have liked to see more of a price rise. Price did not move last time either, and we all know what happened next..
The Money Flow Indicator has actually increased as of today and is now clearly in the Overbought range. It is at 80 (the max value possible) So, people seeing what they think is a growth situation and trying to cash in on the market rebound. As of last time, if it starts to fall, they may bail, resulting in a rout. These buyers would not be long-term, they would be speculators with a ST focus. If I had bought at .40 - .50. I would consider selling some tomorrow morning, just to realize a little profit just in case.
Here is the description of the Money Flow Indicator from stockcharts.com:
Formula
The "flow" of money is the product of price and volume and shows the demand for a security and a certain price. The money flow is not the same as the Money Flow Index but rather is a component of calculating it. So when calculating the money flow, we first need to find the average price for a period. Since we are often looking at a 14-day period, we will calculate the typical price for a day and use that to create a 14-day average.
Typical Price = ( (Day High + Day Low + Day Close) / 3)
Money Flow = (Typical Price) x (Volume)
The MFI compares the ratio of "positive" money flow and "negative" money flow. If typical price today is greater than yesterday, it is considered positive money. For a 14-day average, the sum of all positive money for those 14 days is the positive money flow. The MFI is based on the ratio of positive/negative money flow (Money Ratio).
Money Ratio = (Positive Money Flow / Negative Money Flow)
Finally, the MFI can be calculated using this ratio:
Money Flow Index = 100 - (100 / (1 + Money Ratio))
The fewer number of days used to calculate the MFI, the more volatile it will be.
Better yet, here is the description of the bearish signal it generates when it gets to 80 (where it is as of today):
Overbought/Oversold
As with the RSI, the MFI can be used to determine if there is too much or too little volume associated with a security. A stock is considered "overbought" if the MFI indicator reaches 80 and above (a bearish reading).On the other end of the spectrum, a bullish reading of 20 and below suggests a stock is "oversold".
Anyway... I hope that the smarter ones amongst us are selling some on occasions like this.. think about it, you can then buy and increase your shares if it falls again.
Good luck everyone.
maybe they are trying to maximize revenue, no gimmicks..
I see all of us Big Guys think alike. I am not sure where the bottom is, but the idea of a software vendor with a couple of restaurants to diversify there revenue stream is an attractive thing. They just need to show some financial stability.. cut costs or generate some sales prior to Xmas. So I say waiting for it to drop further is a smart move. Only thing holding it up is that they cannot go bankrupt.. no creditors.
OK, well I will say what ever I want and really enjoy it then!
You could use this to your advantage Brian. This stock has historically leveled off and then steeply dived (unless the CFO pumps it up). Even when the indicators indicate an upward motion, the best it can do is remain level. Today is a great example of that. And if you look at Money Flow, it is heading sharply upwards. Better yet, if you look at the past 6 months, it accurately predicts every downward movement.
The timing of the MV opening is especially significant. In the recent past restaurant openings have made no difference. So, it is fair to say that the restaurant opening is probably holding this stock up. Give it a few weeks, a month to settle, and look out... Since this opening has not driven it up or even provided any significant volume, get ready for it going the other way.
So, don't buy now.. wait until the next downward movement.. get more bang for your buck. Then if it has an upward movement. sell for a quick cash flow!
Good luck.
you should try watching paint dry!
Just telling it like it is and providing useful i_formation.
I do hate to say it... I find this stock really interesting to watch..
Hate to say this.. but according to an Indicator that actually appears to work with this stock it looks like another crash is coming. Perhaps the opening of MV will delay it.. but it is coming. Take a look at the Money Flow Indicator over time. It accurately predicts the direction of this stock, especially over the last year. It is into Overbought territory again.
This is selling by institutions, likely.
It is a Confined Space thing... too many VAPORS.. lol.. hehehe.. once in awhile.. I make a good one.. LMAO.
trying to be accomodating..
Sorry. I profusely apologize. From now on I will endeavor to generate only completely original research, without a shred of duplicity, repetition, mindless cut and pasting, and any other form of useless drivel.
Likewise, I will furthermore avoid at all costs any posting of uesless superfluous information that only distorts and confuses the reader and does not deliver any true insight as to the financial condition and future prospects of uWink. Moreover, when I do post I will ascertain as to the soundness of my mental state and the absence of any intoxicating substances, liquors, or fumes.
My apologies for any such onandonandonadnonandon throwup and puke as I have repeated here to date and as such not provided good value to the Board.
in case you haven't realized... there is no such thing as being 100% right. Everything is probabilities.. is a chart is downward it will probably keep on going down.. until something happens to change it. That is true with all stocks.. THat is why I admit to not knowing. I can only hope to be right more often than I am wrong..
I am not sure of your investing strategy, but to just keep on buying one stock and averaging down is myopic, comparatively easy.. and dangerous. Not sure if that is what you are doing, in fact I have no idea.
I like good debate and I can be swayed... that is why i am here. I am not going to change my overall position on uWInk. It is not a good idea to be in and out too often..
Actually I will give you that one. I used to be a programmer and it used to frustrate me no end that the companies I worked for would hire someone from their customer base that did not understand anything about technology and put him in a sales role (what I coveted at the time). You are right that there is no substitute for operational knowledge and the ability to talk to the customer in his langauge. They used to figure the programmers had no interpersonal skills (as if.. lol). Keep your headsdown guys...
The other thing I used to see done is some guy with the big corporate sales background (Big Blue, etc, Greenband gave the list...) and get them selling what they knew nothing about. Technical or business-wise.
OK, so he may not be the aggressive in-your-face type but maybe he is what is needed. I never liked those PC types anyway.. lol. Well put.
actually it does not even say who specifically is responsible for the licensing (selling). I thought it referred to Boucher. It actually does not refer to anybody.. and he has no sales experience! He is a hard-core restaurateur.. lol..
sorry for going on and on.. lolol. hehe
Just wanted to print this extract from a company news release that mentions software licensing and who is supposedly going to handle it:
April 8, 2008 – uWink (OTCBB:UWKI), an entertainment and hospitality software company and operator of an interactive restaurant concept, announced today the promotions of Peter Wilkniss to President and Chief Operating Officer and Brent Bushnell to Chief Technology Officer and the addition of Jon Boucher as Vice President, restaurant operations and franchising. These promotions and addition were made to support uWink’s franchising and technology licensing efforts, as the company rolls out two new uWink interactive restaurant locations in Hollywood and Mountain View, California over the next several months.
So they have it covered off with Mr. Boucher. In looking at his bio, he is a restaurant guy. Not that he could not do it, hell I could, but it is not his forte. At present they are using the term "franchising/licensing" like it is a similar thing and getting this guy to do it. They are not similar at all really.
Some time ago there was an article about their "a la carte" approach to licensing software... I have news for you. Every software vendor in the world does it "a la carte". All that means is that they must sell their software in separate chunks to each customer that sees value in each chunk.
They have to put some thought into their pricing and it takes experience/thought to do this. Although it might be based on cost, usually it is not. It is based on value to the customer, or competitive pricing. Someone has to do a competitive analysis. Seems like they have thought about the value to the customer..
anyway, they have a ways to go, it would seem.
I don't think that is actually true Brian. I was posting very positively when I honestly thought the stock would have a pop-up after HH opened. I was positive and supportive. I actually did not follow my usual rules. All that because I was successful with uWink the first time. We all have a natural tendency to try what worked once a second time.
I have also posted that I was wrong.Could not find the post, but I did.
At least I can admit my mistakes and move on. That takes guts, as does selling a stock when it does not work out.
I will enjoy observing how uWink unfolds.