PSIX - Analyst Eric Stine at Craig-Hallum.
https://www.tipranks.com/experts/analysts/eric-stine

PSIX - My take is profit margins on power systems is higher than industrial and transportation, which showed significant decreases? Also they have power products in data centers.

Sales for the first quarter of 2024 were $95.2 million, a decrease of $21.2 million, or 18%, compared to the first quarter of 2023, as a result of lower sales of $14.1 million and $24.4 million within the industrial and transportation end markets, respectively, partially offset by an increase of $17.3 million in the power systems end market. Higher power systems end market sales are primarily due to increased demand for products across various applications, with the largest increases attributable to products used within the packaging market such as enclosures serving the fast-growing data center market as well as oil and gas products and demand response products.

Anyone know what caused the 33% drop today?

NYCB - Insider buys today.
https://www.secform4.com/insider-trading/910073.htm

Looks like OneMindNg is owned by Affluence Corp.

https://onemindng.com/company/#:~:text=OneMindNG%20is%20a%20Barcelona%20based%20company%20incorporated%20late,2020%2C%20operating%20under%20Affluence%20Corp.%2C%20a%20Us%20company.

Thanks

GLGI. Do you have a link for Whopper's write-up?

GLGI - I agree. Seems like good buying opportunity. I wasn't sure if the risks of a small number of customers and dependency on 1 major customer is holding it down. I am long.

GLGI - Any take on earnings? As SSKILLZ pointed out, 2.8 cents per share EPS for quarter. Seems to me it should be moving higher. Thoughts?

If recent Qtr numbers are accurate, should still be in good shape, no?

Thanks for the feedback on GLGI. I have a position also and am looking forward to a strong earnings report.

Mike, what are your thoughts on GLGI?

Any news on the financials, new contracts, etc?

Stushy, I am new to this board. Can you point me to the post that you are referring to "If what Ed said is true . . ."?

Thanks

CNRD - Backlog at $106 million as of Feb. 21: http://biz.yahoo.com/prnews/080221/lath131.html?.v=26

SVLF - I listened to the conference call. They have given guidance of .70/EPS for 2008 and are calling for slower growth. The primary reason is access to funds and the uncertainty in the credit markets. I got the feel that they think they can best 2007, but are being cautious due to the uncertainties in the financial markets.

I picked up 2,000 shares @ 2.99.

KIK/Gilead, thanks for the feedback on AVCI.

AVCI - $9.02 - In with a $1.90 quarter. Gapped up quite a bit. I'm still deciphering the quarter and the sharp rise in revenue and profit.

Avici Systems Reports Fourth Quarter and Full Year 2007 Results
Thursday February 28, 7:00 am ET


BILLERICA, MA--(MARKET WIRE)--Feb 28, 2008 -- Avici Systems Inc. (NasdaqGM:AVCI - News) today reported results for its fourth quarter and full year ended December 31, 2007.
ADVERTISEMENT






Gross revenue for the three and twelve months ended December 31, 2007 was $44.9 million and $124.3 million, respectively, compared to $15.9 million and $82.8 million, respectively for the three and twelve months ended December 31, 2006.

"This year marks an exciting turning point for the Company as we change our name to Soapstone Networks and deliver a revolutionary product that will help accelerate the adoption of Carrier Ethernet technology and automate the entire service lifecycle," said Bill Leighton, Chief Executive Officer, Avici Systems. "I am very pleased with the progress we have made in developing and marketing the Soapstone PNC(TM) solution, which we believe will significantly accelerate innovation in the delivery of new network services."

GAAP net income for the fourth quarter ended December 31, 2007 was $29.2 million, or $1.90 per share, compared to a GAAP net income of $3.0 million, or $0.21 per share, in the prior year's fourth quarter. GAAP net income in the 2007 period includes $0.6 million of non-cash equity based charges associated with Financial Accounting Standards Board Statement No. 123R ("SFAS 123R"). GAAP net income for the 2006 period includes $0.5 million of non-cash equity based charges associated with SFAS 123R.

GAAP net income for the twelve months ended December 31, 2007 was $62.3 million, or $4.16 per share, compared to a GAAP net income of $8.3 million, or $0.60 per share, for the twelve months ended December 31, 2006. GAAP net income in the 2007 period includes $2.3 million of non-cash equity based charges associated with SFAS 123R, $0.3 million of special charges associated with the 2006 restructuring and $0.2 million of certain inventory credits. GAAP net income for the 2006 period includes $10.7 million of special charges associated with the 2006 restructuring, $0.8 million of non-cash equity based charges associated with SFAS 123R, $0.5 million of non-cash common stock warrant discount charge and $0.2 million of certain inventory credits.

Non-GAAP net income (GAAP net income excluding charges for restructuring, certain stock based compensation, common stock warrant discount and inventory credits) for the fourth quarter ended December 31, 2007 was $29.8 million, or $1.93 per share compared to non-GAAP net income of $4.0 million, or $0.28 per share in the fourth quarter of 2006. Non-GAAP net income for the twelve months ended December 31, 2007 was $64.7 million, or $4.31 per share, compared to non-GAAP net income of $20.1 million or $1.47 per share for the prior year twelve month period ended December 31, 2006.

Cash, cash equivalents and short and long-term marketable securities totaled $103.0 million at December 31, 2007.

Avici will discuss these quarterly results as well as future business and financial expectations in an investor conference on February 28, 2008 at 8:30 AM eastern standard time. The conference telephone number is (800) 230-1093. A replay of the conference call will be available after 11:15 AM. Replay information will be available at (800) 475-6701 (USA) access code: 909097. Replay of this call is also available on Avici's Web site, www.avici.com, along with a copy of this release.

I just listened to the CEO interview at the Agoracom site again. This was from October, but he talks about signing up retailers and various things in the works around the 6 minutes 30 seconds mark: http://www.agoracom.com/executive/PCLIceo9October2007/player.html

$5.72 for me to be a millionaire, but I am thinking of buying more and lowering that a bit.

AEY - Anyone still in AEY? FY07 earnings of 0.64/sh. Price is dropping consistently. Any insight?

The William Blair analysis referenced in the Yahoo item is located here: http://www.williamblair.com/documents/FutureofDigitalMedia051806.pdf

I ran across these links in research today. Walmart was looking at DVD burning kiosks in 2006: http://www.gokis.net/self-service/archives/001231.html

They cancelled their online DVD downloading service today:
http://www.washingtonpost.com/wp-dyn/content/article/2007/12/28/AR2007122801037.html

The first article confirms potential for DVD burning kiosks.

Jeff

Screeners - This one at Reuters is pretty robust, but is a little less user friendly.
http://www.investor.reuters.com/nscreen/builder.asp?target=%2fopinion%2ffind%2fscreener

Thanks for the CNRD link.

KIK - CNRD - Do you have a link for the earnings? I went to pinksheets.com and can't find anything. I am assuming they just haven't updated yet.

Jeff

Wade - CNRD - Where do you think it goes from here? It has been a nice ride.

Jeff

UTVG - I attempted to purchase a few shares today as a starter position through my Ameritrade account and was unable to do so. I emailed Ameritrade customer support and received the following reply:

============================
Several companies, including Universal Travel Group, have recently announced that they will recognize ownership or transfer of their shares only by physical certificate instead of the modern electronic book-entry system. One or more other companies are encouraging shareholders to convert their stock to physical certificates.

Where companies convert to physical certificates only, it has become extremely difficult and, in some cases, impossible for brokerage firms like TD Ameritrade to obtain shares for their clients. Converting to physical delivery also increases the costs associated with transferring ownership of common stock between buyers and sellers.

To reduce the risks that transactions cannot be settled timely and the added expenses associated with physical delivery of shares, TD Ameritrade is not accepting any new opening orders in such securities. Clients may still sell any shares of these companies held in their account

abh3vt, I agree. In the past, he has been pretty much dead on with forecast, and I had thought he was conservative. Looks like he mis-forecasted, hopefully due to the Wal-mart replenishment issues. He said he will put out a new forecast in March. Hopefully he will have enough insight at that point to make a good prediction.

Regarding stock_peeker's comments regarding product diversification, hopefully the ATV products will help.

Could be rocky for a few months regarding share price.

DAAT-Sounds like Wal-Mart did not re-order as they should have in Dec. Collins states that has been corrected. Should see an upside in Jan numbers in my opinion.

"David A. Collins, Chairman and CEO, stated, "While a 43% sales increase is quite good, we feel we should have achieved our goal of $14,000,000 in annual sales for 2005. December sales were $1,834,070 versus $1,750,070 for 2004. The major reason December sales were not as high as we anticipated was due to the fact that reorders from Wal-Mart permanent module items were not in line with retail sales at Wal-Mart, as they had been in previous months. Retail sales of DAC items at Wal-Mart for the month of December were up 45% over 2004, yet reorders were only up 6%. This problem was eliminated in January by DAC working closely with the Wal-Mart rebuyer, turning in reports twice weekly, to make sure reorders are sufficient to maintain store instock at a 97% to 98% level. We still expect 2005 earnings to increase significantly over 2004."

DAAT-Sounds like Wal-Mart did not re-order as they should have in Dec. Collins states that has been corrected. Should see an upside in Jan numbers in my opinion.

"David A. Collins, Chairman and CEO, stated, "While a 43% sales increase is quite good, we feel we should have achieved our goal of $14,000,000 in annual sales for 2005. December sales were $1,834,070 versus $1,750,070 for 2004. The major reason December sales were not as high as we anticipated was due to the fact that reorders from Wal-Mart permanent module items were not in line with retail sales at Wal-Mart, as they had been in previous months. Retail sales of DAC items at Wal-Mart for the month of December were up 45% over 2004, yet reorders were only up 6%. This problem was eliminated in January by DAC working closely with the Wal-Mart rebuyer, turning in reports twice weekly, to make sure reorders are sufficient to maintain store instock at a 97% to 98% level. We still expect 2005 earnings to increase significantly over 2004."

Bob, UVIH, heck of a find. 1.11 in cash to boot. Doesn't look like much supply on Level II.

IAIC in with .02 EPS for the quarter and .04 diluted for 9 mos.

GSCP's results YOY are impressive. 35.7% Rev increase, 191.7% Net Income increase; 115% increase in net margin %. MOM is down, though. They had a similar MOM decrease between Q2 and Q3 last year as well.

All in all, I think it is a decent report.

Cleverrox, what stock are you moving DAAT proceeds into?

Hi Len,

You have me listed as Sandman977 for my picks on the intro page. Should be Sandman777.

Thanks,
Jeff

I'll take PIHC.OB, CGNW.OB, DNDT.OB, JMIH.OB, IPII, DAAT.OB

Questionable whether DNDT.OB stays at .25 through June 30. If it doesn't, I'll replace it with DFNS.OB.

Jeff

OK. Thanks Bob.

Bob, are you saying DNDT won't be able to file within the extension timeframe?

Thanks

MKRS-sounds like they are starting to do some marketing? I am assuming that since they are in Phase III of the SBIR, they are ready for production. Does that mean they can sell product to anyone interested?

Thx,
Jeff