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IJX (AMEX) FDA approval (.59)
Equidyne Corp. Receives FDA Approval for OTC Marketing of the INJEX 30 System for Insulin
Thursday September 12, 9:05 am ET
SAN DIEGO--(BUSINESS WIRE)--Sept. 12, 2002--Equidyne Corp. (AMEX:IJX - News) announced today that it has received 510(k) clearance from the Food and Drug Administration (FDA) to market the needle-free INJEX 30 System "over the counter" for insulin administration.
Commenting on the new 510(k) approval, Marcus Rowan, chief executive officer, stated, "We are pleased with the FDA's decision to grant OTC approval for INJEX 30 System for insulin administration. This approval represents a further affirmation of the safety and ease of use of the INJEX 30 System."
OTC marketing of the INJEX 30 System will require specific product and packaging labeling changes to differentiate the OTC version from the currently marketed INJEX 30 System requiring a physician's prescription. At this time the company does not plan to initiate over-the-counter sales prior to development of a strategic partnership or licensing arrangement to facilitate OTC sales of the product.
About the Company:
Equidyne Corp. (www.equidyne.com), through Equidyne Systems Inc., its wholly-owned subsidiary based in San Diego, is working to capitalize on the growing market for needle-free drug delivery systems for subcutaneous injections. The INJEX needle-free injector is a compact, uncomplicated device that delivers a virtually painless injection through the skin in a fraction of a second, and eliminates needle stick and disposal problems. The INJEX System is a comfortable, economical alternative to delivering medications using conventional needle injections.
"Having no way as way -
Having no limitation as limitation"
BIKO is making a move! .0007/.0008
It may make one of those classic BIKO runs!
"Having no way as way -
Having no limitation as limitation"
BIKO up to .0008!
Nice call, bb!!
"Having no way as way -
Having no limitation as limitation"
AGRD inching up! Ask = .17
It could be ready to break out. There must be next to nothing in the float - it appears to move on just about every trade...
Nice call, Shac!
"Having no way as way -
Having no limitation as limitation"
BB - It looks like BIKO is picking up
where it left off yesterday. The ability to pick up a few million shares is attractive to a lot of investors who saw BIKO go up to 4 cents or so. (It's at 7 hundredths of a penny now)
"Having no way as way -
Having no limitation as limitation"
BIKO - moving up on 400 mil vol.
Pretty impressive showing today! Nice call, bb!
"Having no way as way -
Having no limitation as limitation"
bb - about Jerry Lewis..
I didn't see it and he hasn't been added to the dead people's site yet. Where did you see/hear it?
http://www.dpsinfo.com/dps/2002.html#top
"Having no way as way -
Having no limitation as limitation"
AGRD - about to take off! .15/.16
Also check out ESTT .041/.05
"Having no way as way -
Having no limitation as limitation"
This was another good pick, Shac!
You've come up with some great ones!!
"Having no way as way -
Having no limitation as limitation"
I agree, Patsy/Shac!
ESTT was a very good find! Nice going, Shac! .04/.045 now.
"Having no way as way -
Having no limitation as limitation"
Your BIKO is starting to gap up, bb!
It could be the start of something big!!
"Having no way as way -
Having no limitation as limitation"
Just saw something that struck me as funny:
(You want to know what the short name for the product is?)
LAS VEGAS--(BUSINESS WIRE)--Sept. 9, 2002--Gateway (OTCBB:GTWY - News) announced that they have started selling their new product Fulvic Factor. It is from the Himalayas, where it is known as "shilajit." (Probably minus the "laji"!)
"Having no way as way -
Having no limitation as limitation"
This was the ERICY pr that got my attention, bb:
Ericsson Still Sees Profitability In 2003
Friday September 6, 8:17 am ET
STOCKHOLM -(Dow Jones)- Telefon AB LM Ericsson still expects to return to profitability sometime in 2003, Chairman Michael Treschow said Friday after the company announced the successful completion of its SEK30 billion share issue.
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Speaking at a press conference, Treschow said there had been no improvement in market conditions. Ericsson warned in July that it expected industry sales of equipment for mobile phone networks to fall by more than 15% this year. The Swedish company is the world's largest supplier of such equipment.
Ericsson said Friday that its issue of nearly eight billion new shares, priced at SEK3.80 apiece, had been substantially oversubscribed. It will use the new financing to strengthen its balance sheet and cover restructuring costs.
Treschow said it "exceeds his imagination" that Ericsson would need to return to shareholders for more money, as some analysts have suggested may be necessary. But he said that possibility could never be ruled out, particularly if investments by phone operators were to come to a complete halt.
He said Ericsson remains committed to its phone joint venture with Sony Corp.
Ericsson Chief Executive Kurt Hellstroem suggested last week that Ericsson might withdraw its support if the joint venture, Sony Ericsson Mobile Communications, didn't show progress in coming quarters.
Treschow said Friday that he could understand Hellstroem's "impatience" with the speed at which Sony Ericsson was introducing new products, but said Ericsson has set no time limit on its commitment to the joint venture.
Treschow said Ericsson had no plans to replace Chief Executive Kurt Hellstroem, whom some investors have said they'd like to see depart, if only to signal a fresh start for the company.
Hellstroem wasn't present at the press conference. A company spokesman said he was meeting with customers.
At 1157 GMT, shares of Ericsson were up 8.1% at SEK6.65 in Stockholm.
"Having no way as way -
Having no limitation as limitation"
ERICY turning up!Eom
"Having no way as way -
Having no limitation as limitation"
BB - I dropped NVTL and took a 2 cent loss.
I didn't like the looks of things when it dropped on what should have been good news. It was a CPTL deja vu thing. It may go right back up, but the possibility of institutional last minute selling before an adverse event was something that made me want to consider other opportunities.
"Having no way as way -
Having no limitation as limitation"
Keep an eye on ERICY today -
They seem determined to bring that stock price up! EDSN looks like it wants to go north. It could stand some good news, imo.
"Having no way as way -
Having no limitation as limitation"
Not in, but big news, IMO:
Covad Announces Wholesale Service Agreement With America Online to Provide Broadband Services
Thursday September 5, 7:00 am ET
ANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 5, 2002--Covad Communications (OTCBB:COVD - News) announced today that it has signed a five-year agreement with America Online, Inc. that provides America Online with the ability to purchase wholesale Digital Subscriber Line (DSL) consumer services throughout Covad's nationwide network.
America Online will now have access to Covad's nationwide network, which currently covers more than 40 million U.S. homes and businesses and includes service in 94 of the top Metropolitan Statistical Areas (MSAs) across the United States. As a result, the agreement will increase the number of options available to America Online in offering broadband services to its members.
"The addition of America Online as a wholesale partner enhances our distribution channel enabling us to provide services to the largest Internet service provider in the country," said Charles E. Hoffman, Covad CEO and president. "It also gives America Online the flexibility and scalability of a single, national resource for their millions of customers who want to upgrade from dial-up to a high-speed, always on broadband connection."
In addition, Covad issued warrants to America Online to purchase a total of 3.5 million shares of Covad common stock, which is equal to approximately 1.5 percent of Covad's currently outstanding common stock. America Online will have the option to purchase Covad's common stock at exercise prices ranging from $1.06 to $5.00. Covad has determined that the warrants have an aggregate estimated value of approximately $3.5 million. Covad expects to record this value as a deferred customer incentive and charge it against revenue over the term of the service agreement.
About Covad Communications:
Covad is a leading national broadband service provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. It offers DSL, T1, managed security, IP and dial-up services directly through Covad's direct sales force and web and telephone sales and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad services are currently available across the United States in 94 of the top Metropolitan Statistical Areas (MSAs). Covad's network currently covers more than 40 million homes and business and reaches approximately 40 to 45 percent of all US homes and businesses. Corporate headquarters is located at 3420 Central Expressway, Santa Clara, CA 95051. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained in this press release that are not historical facts are "forward-looking statements," including statements concerning Covad's anticipated sales to America Online, revenue, and growth, and the statements made by the president and CEO and the assumptions underlying such statements. Actual events or results may differ materially as a result of risks facing Covad or actual results differing from the assumptions underlying such statements. Such risks and assumptions include, but are not limited to, Covad's ability to continue as a going concern, to continue to service and support its customers, to successfully market its services to current and new customers, to manage the consolidation of sales to a fewer number of wholesale customers, to successfully migrate end users, Covad's ability to generate customer demand, to achieve acceptable pricing, to respond to competition, to develop and maintain strategic relationships, to manage growth, to receive timely payment from customers, to access regions and negotiate suitable interconnection agreements, all in a timely manner, at reasonable costs and on satisfactory terms and conditions, as well as regulatory, legislative, and judicial developments and the absence of an adverse result in litigation against Covad. All forward-looking statements are expressly qualified in their entirety by the "Risk Factors" and other cautionary statements included in Covad's SEC Annual Report on Form 10-K for the year ended Dec. 31, 2001 and its Reports on Form 10-Q for the periods ended March 31, 2002 and June 30, 2002. For further information on the agreement and the warrants, please see Covad's Current Report on Form 8-K, filed with the Securities and Exchange Commission on Sept. 5, 2000.
--------------------------------------------------------------------------------
Contact:
Covad Communications
Kathleen Greene, 408/616-6976 (Press)
kgreene@covad.com
Martha Sessums, 408/616-6986 (Press)
msessums@covad.com
Greg Tornga, 408/434-2130 (Investor Relations)
InvesterRelations@covad.com
"Having no way as way -
Having no limitation as limitation"
Bought into NVTL @ .30
News with IBM today.
"Having no way as way -
Having no limitation as limitation"
Billfish's post gave me an idea!
I don't fish for billfish or snook, but how about a website called "Crappie Stocks"??
"Having no way as way -
Having no limitation as limitation"
Awesome, billfish!!eom
"Having no way as way -
Having no limitation as limitation"
Definitely ugly, Skeena!
Sometimes out of a yucky day like this something incredible happens. Best to watch on a day like today!
"Having no way as way -
Having no limitation as limitation"
Very interesting play in ZCC .12
Watching it closely, looking for a further dip...
"Having no way as way -
Having no limitation as limitation"
CSGS just upgraded by Kaufman Bros.
after deal with IBM. Under 12.
"Having no way as way -
Having no limitation as limitation"
Will - ASYS looks like a winner, long term.
The top line number which showed a little decrease just indicates the general market malaise that should be remedied by year's end. Low P/E indicates to me a well run company. Nice find, IMO.
"Having no way as way -
Having no limitation as limitation"
Paul A - about CRXL - I agree in part...
I've been told some whoppers by IR. CRXL will go up when they have something to say, I suppose...I'm personally hoping that W. Nile vaccine is developed sooner rather than later. The threat will diminish after Sept. here in GA, but other places (S. FL) may have to fight it year-round. I'd look for a double when CRXL admits that it's working on a vaccine.
Paul A. - CRXL has the right technology and is doing the right things to make major breakthroughs in discovering important vaccines. However, I'm less bullish about the stock due to the company's failure to contact me in my dd efforts, despite numerous requests. They have an average of one press release every 10 days or so and now it has been over 2 weeks. I'm going to play other short term opportunities while waiting. It's an A.D.D. thing.....
I think that because so many are on holiday today companies are reluctant to put out their good news. There's not that many out there to see it and act on it. I'm watching, just not coming up with too much...
No more WIND!
Sold at 5.70 - What a day!
It's already run...
...but look at CNV.
Yeah, bb - I'm looking for an initial run to 5.75 or so.
Looking at the movement on Island, I may make it there in a few minutes....I'm hoping to make it before close.
BB - this is the kind of thing that I wait for!
(WIND) When the market's right, you see these all of the time!
WIND just mentioned on CNBC.
Couldn't resist that one, Patsy....
Wind is running! It's still good, IMO. eom
I got WIND!
Hate to break it to you!!!
bb I had gotten YHOO at 9.37 yesterday
It was a thousand shares . Sold today at 10.30
Keep an eye on CRXL - moving up again today.
They are now in the 4.20 range. 4.13/4.19
There's an important lesson in Krispy Kreme, Rick....
I don't care for them either (tastes have changed since I was a kid) but the important thing is that other people do like them. Sometimes the best gauge of a stock is what others think about it.
That's why I occasionally get on bb for his calling stocks POS. To me, they're not POS if I double my investment on them.
Went ahead and took my profit at 10.30
What the heck...Pretty good morning!!
YHOO reaching my target - now 10.29!
Got my limit order in at 10.37 for a dollar a share gain!
WTG, Shac! Great call!!eom