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Passover meals are made easier with products now on store shelves
Traditional dishes are given a contemporary twist in new cookbook produced by Manischewitz.
Wednesday, April 23, 2008
By JANE MILZA
STATEN ISLAND ADVANCE
STATEN ISLAND, N.Y. -- For 120 years, the name Manischewitz has been synonymous with carefully prepared Jewish holiday foods. The company's ever-growing line of food products have influenced the way families cook for generations. The same will be true when Passover begins this Saturday evening.
In time for Passover and in line with the food producer's year-long anniversary celebration, the company is marketing an anniversary tin of Passover matzoh as well as such new items as family-size potato pancake mix and Italian herb coating crumbs as well as other products that are expected to come in handy all year long.
As part of the celebration, consumers can log onto www.manischewitz.com each day through May 18 for a chance to win an anniversary commemorative Matzoh Tin, which traces the history of the family founders, and also have an opportunity to share their memories with others who have grown up with the food products. The new book, "Manischewitz: The Matzoh Family," also is availalbe online at Amazon and at Barnes & Noble. as well as in Judaica stores. FAMILY FAVORITES
Recipes that have become family favorites through the years were compiled for "The Manischewitz Passover Cookbook" in 1969. In honor of the 120th anniversary, many of those recipes now have been updated by Sarah Lasry, chef/owner of Tastebuds Gourmet Cafe in Howell, N.J., and author of "The Dairy Gourmet."
While Seders at the start of the Passover may be reserved for family gatherings, the eight-day season offers families many opportunities to entertain and share favorite dishes. This recipe for Double-Stuffed Veal Roll will be appreciated for a family dinner at various times during the Passover season.
The Passover Banana Split Ice Cream Cake, meanwhile, is based on a cookie recipe that appeared in the '69 cookbook. Now, as a full-fledged cake, it might come in handy when friends stop by for a mid-afternoon coffee and sweet. DOUBLE-STUFFED VEAL ROLL WITH GLAZE (Serves 6-8) 1/2 chopped onion 4 tablespoons extra-virgin olive oil 1/2 cup sliced mushrooms 1 tomato, sliced in very small chunks 1/2 teaspoon salt teaspoon pepper 1/4 cup fresh parsley, chopped 1 pound chopped chicken or beef, uncooked 3 pounds boned breast of veal 2 matzohs, such as Manischewitz, finely broken, or 1 1/2 cups matzoh farfel 1/4 cup hot water Cooking string For Glaze: 2 cups ketchup 1/4 cup condensed chicken broth, such as Manischewitz 1/4 cup dark brown sugar 1/4 cup golden honey
Preheat oven to 300 degrees.
Over medium-high heat, sauté the chopped onions in 2 tablespoons olive oil until they start turning translucent. Add sliced mushrooms and tomatoes. Mix well and continue to sauté until mushrooms soften. Season mixture with salt and pepper. Add chopped chicken or beef to mushroom mixture. Sauté all ingredients for about 5 minutes while mixing with a wooden spoon until the chopped meat sizzles and browns.
Reduce the heat and add the matzoh and hot water to meat mixture. Combine thoroughly and sauté for 5 or 6 minutes more. Remove from heat, add parsley and let stuffing mixture cool for later handling.
Meanwhile in a separate bowl, make the glaze by mixing together well the ketchup, broth, brown sugar and honey. Set aside. Lay veal out on a flat surface. Spread the stuffing meat mixture over veal, leaving a one-half inch margin on all sides. Roll up and tie with cooking string to hold veal roll securely. Heat remaining 2 tablespoons of olive oil in a Dutch oven and brown the veal roll on all sides.
Remove from heat and generously pour the glaze over the browned veal roll, making sure to fully cover the meat. Cover and place in preheated oven and let gently cook for 2 hours. After 2 hours, increase the oven temperature to 350 degrees and uncover veal. Let cook for an additional 40 to 45 minutes, or until a nice thick glaze has formed over veal. Remove from oven and let veal roll stand for 15 to 20 minutes before slicing. BANANA SPLIT ICE CREAM CAKE 4 eggs separated, at room temperature 3/4 cup mashed bananas 1/4 cup peanut oil 1 package (12 ounces) Passover sponge cake mix, such as Manischewitz 1/2 cup chopped nuts 8 ounces bitter sweet chocolate, melted 2 bananas, thinly sliced Parve tofutti ice cream, slightly softened
Preheat oven to 375 degrees.
Using a mixer, beat yolks with mashed banana and peanut oil until light and fluffy. Add sponge cake mix gradually and beat very thoroughly. In a separate bowl, beat egg whites until stiff. Fold egg whites and chopped nuts into the batter gently, but thoroughly. Pour batter into a 9-by-13-inch baking pan and bake in oven for 10 to 12 minutes, or until toothpick inserted in center comes out clean. Set aside cake and cool completely.
Meanwhile, melt chocolate over double boiler and let cool partially. When cake is completely cooled, pour chocolate over top of cake, spreading evenly. Place sliced bananas in melted chocolate evenly.
Place cake in freezer for 25 minutes, or until chocolate has hardened. Remove from freezer and spread a thick layer of vanilla ice cream over top of cake -- refreeze for an additional 40 to 45 minutes. Remove from freezer and serve with drizzled chocolate sauce.
National Semiconductor CFO Lewis Chew to Address Merrill Lynch Technology 2008 Conference
PR Newswire
April 28, 2008: 08:00 AM EST
SANTA CLARA, Calif., April 28 /PRNewswire-FirstCall/ -- Lewis Chew, chief financial officer of National Semiconductor Corporation (NYSE: NSM), will speak at 1:30 p.m. EDT on Tuesday, May 6 at the Merrill Lynch Technology 2008 Conference. The event takes place at the Westin Times Square Hotel in New York, N.Y.
A live audio webcast will be available http://www.national.com/invest/conf.html. Following the conference, a replay of the presentation will be available for six months.
About National Semiconductor
National Semiconductor, the industry's premier analog company, creates high-value analog devices and subsystems. Headquartered in Santa Clara, California, National reported sales of $1.93 billion for fiscal 2007, which ended May 27, 2007. Additional company and product information is available at http://www.national.com.
SOURCE National Semiconductor
KLA-Tencor assigned 'BBB' corporate credit rating with stable outlook - S&P
04.29.08, 2:37 AM ET
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it assigned its 'BBB' corporate credit rating to California-based microchip testing equipment manufacturer KLA-Tencor Corp, with a stable outlook.
The ratings agency also assigned its 'BBB' rating to the company's proposed senior notes, which will be issued in two tranches and be used for general corporate purposes.
'Our ratings on KLA reflect the company's leading position in the semiconductor metrology and inspection equipment industry, good profitability, and moderate leverage,' S&P said.
These factors are offset partially by substantial industry cyclicality and technology risks, it added.
Ametek downgraded to "neutral"
04/23/08 - Next Generation
NEW YORK, April 23 (newratings.com) - Analyst Ned Borland of Next Generation downgrades Ametek Inc (AME) from "buy" to "neutral," while raising his estimates for the company. The target price has been raised from $52 to $54.
In a research note published yesterday, the analyst mentions that the company has posted robust 1Q08 results, with EPS ahead of the estimates, aided by its long cycle businesses. The downgrade in rating is based on valuation, the analyst says. Ametek is a continued beneficiary of the strength in the aerospace, power and process markets, according to Next Generation. The EPS estimates for 2008 and 2009 have been raised from $2.44 to $2.52 and from $2.72 to $2.82, respectively.
April 29, 2008 10:00 AM Eastern Daylight Time
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National Instruments Integrates Xilinx Virtex-5 FPGA Technology into New Customizable I/O Devices
Engineers Can Combine New Suite of PXI Modules and LabVIEW FPGA for High-Speed Acquisition, Control and Test Applications
AUSTIN, Texas--(BUSINESS WIRE)--National Instruments (Nasdaq: NATI) today announced the release of four new R Series I/O modules for the PXI platform that are equipped with high-performance Xilinx Virtex®-5 field-programmable gate arrays (FPGAs). The NI PXI-7841R, PXI-7842R, PXI-7851R and PXI-7852R modules feature eight analog inputs, eight analog outputs and 96 digital I/O lines as well as analog input rates that are more than 3.5 times faster than previously released R Series devices. These new modules provide engineers and scientists with commercial off-the-shelf hardware that can be graphically programmed with the NI LabVIEW FPGA Module to perform custom onboard processing for inline data analysis and deterministic I/O control for applications that require specialized timing and triggering.
“The unprecedented flexibility of FPGA technology makes FPGAs ideal for both complex embedded system design and high-performance data acquisition and test applications,” said Dr. James Truchard, National Instruments president, CEO and cofounder. “With our continued investment in FPGA technology including the new R Series devices and the LabVIEW FPGA Module, National Instruments is giving test engineers and embedded programmers alike a tightly integrated platform that makes it easy for them to take advantage of the incredible potential of FPGAs.”
Engineers and scientists can achieve 16-bit analog input sampling rates up to 200 kS/s/ch with the PXI-7841R and PXI-7842R and sampling rates up to 750 kS/s/ch with the PXI-7851R and PXI-7852R. Additionally, the new R Series modules are equipped with either a Virtex-5 LX30 or Virtex-5 LX50 FPGA, which deliver improved optimization capabilities that provide faster code execution and increased LabVIEW code capacity than previous R Series devices. Virtex-5 FPGAs feature a six-input LUT architecture for substantially improved resource utilization as well as DSP slices that make it possible for users to implement more complex digital signal processing at faster rates. The combination of high-speed I/O and Virtex-5 FPGAs on these new R Series modules makes them ideal for high-performance processing and control applications in industries such as automotive, life science and aerospace/defense.
“The industry-leading Virtex-5 family gives designers an unprecedented level of computational performance and system integration capabilities for embedded design and test applications,” said Steve Douglass, vice president and general manager for the Xilinx Advanced Product Group. “By incorporating this strategically enabling technology into their new R Series devices, National Instruments is delivering high-performance hardware that can be easily optimized with LabVIEW graphical programming to help reduce design cycles and improve time to market.”
With PXI instrumentation, engineers and scientists can customize their applications by choosing from more than 1,500 measurement, signal generation, RF, power and switch modules and configuring their instruments in software to achieve the functionality they need. The new R Series modules extend this customization even further by incorporating a Virtex-5 FPGA that can be programmed with the LabVIEW FPGA Module to create user-defined hardware. The LabVIEW FPGA Module simplifies the task of customizing hardware through easy-to-use graphical programming that abstracts VHDL code used to configure the FPGA. LabVIEW also offers pre-built function blocks and other code optimization techniques that expedite application development. This graphical system design approach, or the tight integration of flexible software and commercial off-the-shelf hardware, helps engineers and scientists design, prototype, test and deploy custom measurement and embedded design applications faster and more cost-efficiently than the traditional approach to custom hardware design.
Readers can visit www.ni.com/rseries for more information, including data sheets, webcasts and white papers, about the new R Series modules.
About National Instruments
National Instruments (www.ni.com) is transforming the way engineers and scientists design, prototype and deploy systems for measurement, automation and embedded applications. NI empowers customers with off-the-shelf software such as NI LabVIEW and modular cost-effective hardware, and sells to a broad base of more than 25,000 different companies worldwide, with no one customer representing more than 3 percent of revenue and no one industry representing more than 10 percent of revenue. Headquartered in Austin, Texas, NI has more than 4,600 employees and direct operations in nearly 40 countries. For the past nine years, FORTUNE magazine has named NI one of the 100 best companies to work for in America. Readers can obtain investment information from the company’s investor relations department by calling 512-683-5090, e-mailing nati@ni.com or visiting www.ni.com/nati.
Pricing and Contact Information
NI PXI-7841R priced(a) from $2,799; €2,499; ¥324,000
11500 N. Mopac Expwy, Austin, Texas 78759-3504
NI PXI-7842R priced(a) from $3,599; €3,199; ¥416,000
Tel: 800-258-7022, Fax: 512-683-9300
NI PXI-7851R priced(a) from $3,399; €2,999; ¥393,000
E-mail: info@ni.com
NI PXI-7852R priced(a) from $4,199; €3,699; ¥485,000
Web:
www.ni.com/rseries
The stock could be a little overpriced right now. The pe is 100+ with sp of 3. All imho. What is your outlook for LEI?
Biotechnology instrumentation market to reach $4.6 billion by 2010
April 25, 2008 -- /PRWEB/ -- SAN JOSE, CA -- Demand for faster and more economical ways to produce drugs for the pharmaceutical industry, proteomics, genomics, functional genomics, and combinatorial chemistry industries have led to the advancement of biotechnology instrumentation in recent years. Growth is likely to be supported by major technological innovations in almost all the sectors, especially in chip-based products. Innovations in DNA sequencers, including single-molecule detection technologies, are likely to increase read lengths, decrease out-of-phase chemistry issues, and simplify sample preparation processes. With several drugs set for patent expiration in the near future, enhanced research activity for development of new drugs has escalated the demand for electrophoresis instruments.
The United States and Europe collectively dominate the worldwide biotechnology instrumentation market with an estimated 70 percent share of sales in 2008 as stated by Global Industry Analysts, Inc. Focus is largely centered on development of more advanced, smaller, faster, and highly automated analytical instruments that integrate analytical technologies. In the United States, demand for advanced instruments with more throughput abilities is rising across all academic and pharmaceutical laboratories due to the shift of research focus towards proteomics. The protein/ peptide synthesizers market in the United States is projected to be the fastest growing segment.
Europe, Germany, the United Kingdom, and France represent the major markets, accounting for about a 55 percent share of the biotechnology instrumentation market. Germany occupies a pivotal position in the European biotech market. The DNA sequencers market in Germany is projected to reach $69 million by 2010. Asia-Pacific is expected to be the center of future growth in worldwide biotechnology instruments market with an impressive CAGR of 7 percent over the period 2000 to 2010. The HPLC equipment and supplies market in the region is estimated at $207 million for 2008.
Key players profiled in the report include Agilent Technologies Inc., Affymetrix, Applied Biosystems, Beckman Coulter, Bio-Rad Laboratories Inc., Dionex Corporation, GE HealthCare, Gilson Inc, Hitachi High-Technologies Corporation, Perkin-Elmer, Shimadzu Scientific Instruments Inc., Thermo Fisher Scientific Inc, Varian Inc., and Waters Corporation.
The report titled "Biotechnology Instrumentation: A Global Strategic Business Report," published by Global Industry Analysts, Inc., analyzes the market over the period 2000 to 2015. Product segments analyzed in the report include DNA synthesizers, protein/peptide synthesizers, DNA sequencers, protein/peptide sequencers, HPLC equipment and supplies, and electrophoresis equipment and supplies. The report reviews recent industry activity, technological innovations, and product introductions of major market participants across various segments.
Visit www.strategyr.com
http://cr.pennnet.com/display_article/326851/15/ARTCL/none/TOPST/1/Biotechnology-instrumentation-market-to-reach-$46-billion-by-2010/
That is a great catch. From my recent conversation with Won, I noticed that he is very technical and loves to discuss the details and benefits of the product line. He is very enthusiastic when he talks about the products. I asked two or three technical questions and he answered very swiftly and confidently. Some examples:
Q: Are the pipes basically fiberglass?
A: No, (long answer - omitted - I tuned out for most of the answer, was a bit distracted at the time).
Q: Are the pipes buried or above ground?
A: Almost always buried.
Q: Is it difficult to set up local production shops? (Won mentioned that the product is up to 15 feet in diameter and virtually impossible to ship - therefore local operations are set up for jobs in other parts of China, such as Guangdong)
A: Not really, we have done it so many times so it is fairly simple for us.
(paraphrasing from memory)
All imho, glta.
There seems to be some rightfully founded skepticism on the part of the investment community after the Defense Technology Systems debacle. All imho.
Indubitably correct. Any ideas on why Gordon refuses to pay the $6.6M? The fact that the senior note holder (believed to be BoA) is granting forbearance indicates, albeit prima facie, that certain satisfactory assets are intact. All imho. GLTA.
Well, you make a good point. I think most investors expect to see $1 ~ $4 in the next 1-2 mos unless we have a ch 7/11. All imho.
Much more to come, this is just the beginning imho. GLTA.
Alright, I checked into it and it looks like one to avoid. Thanks for the tip though, always good to hear about the latest and greatest. Gl!
Transmeridian Exploration Inc (TMY) more share bought by Financial And Investment Management Group Ltd
Financial And Investment Management Group Ltd added additional 689,150 (55.26 %) shares of Transmeridian Exploration Inc (TMY), bringing their current holdings to 1,936,208 shares as shown by filings made public on 2008-04-18.
The stock is currently owned by 49 funds/institutions with a total activity score of -0.08. With 37.50 % of owning funds reported recently buying shares, 18.75 % maintaining existing share level and 43.75 % selling shares. Full details for Transmeridian Exploration Inc (TMY) available at http://www.mffais.com/tmy.html
http://www.mffais.com/newsarticles/2008-04-18/2589219-123845.html
Disagree 100% but glty.
BASZUCKI, PAUL (Director) sold 7000 shares @ $17 USD on 25 APR 2008. After the transaction PB owns 4750 shares.
www.sec.gov
Yes, the share price offers a great value imho. How was your weekend? Do anything fun?
Transmeridian Exploration to Seek Additional Capital
2:06p ET April 16, 2008 (PrimeNewswire)
Transmeridian Exploration Incorporated (AMEX:TMY) today announced that its previously disclosed efforts to seek a buyer have not produced a satisfactory transaction. As a result, while the company remains willing to entertain unsolicited proposals from qualified persons for an acquisition of the company, it is now seeking to raise additional capital with which to further develop its primary asset, the South Alibek field in western Kazakhstan. As part of this effort, the company is in preliminary discussions with interested parties regarding a substantial investment of equity capital into the company.
Based on current field production levels of approximately 2,200 barrels of oil per day ("bopd"), management believes that the company can continue to generate sufficient cash flow to fund its ongoing operating costs, overhead and cash interest requirements. The company continues to have a working capital deficit and does not generate sufficient excess cash to re-activate a multi-rig drilling and workover program in order to increase field production. The company experienced production levels in excess of 4,000 bopd prior to field curtailments in 2007. If the company is successful in raising additional capital, management believes that by investing the net proceeds in an effort to restore field production to levels previously experienced, and to further develop the field, the company will be better positioned to maintain and expand its reserve base in South Alibek or complete a strategic transaction.
Significant obstacles to raising additional capital include, among other factors, the company's high debt level relative to cash flow and potential dilution from existing convertible preferred securities, and there can be no assurance that current discussions will result in any agreement or transaction.
About Transmeridian Exploration Incorporated
Transmeridian Exploration Incorporated is an independent energy company established to acquire and develop oil reserves in the Caspian Sea region of the former Soviet Union. The company primarily targets fields with proved or probable reserves and significant upside reserve potential. Transmeridian Exploration currently has projects in Kazakhstan and southern Russia and is pursuing additional projects in the Caspian Sea region.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created therein. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including but not limited to those discussed in Transmeridian Exploration Incorporated's Annual Report on Form 10-K for the year ended December 31, 2007, as amended, and other filings with the Securities and Exchange Commission (SEC). Although the Company believes the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion herein should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Transmeridian Exploration, Inc.
Transmeridian Exploration Incorporated Lorrie T. Olivier, CEO Earl W. McNiel, CFO (713) 458-1100 Fax: (713) 781-6593 tmei@tmei.com www.tmei.com 5847 San Felipe, Suite 4300 Houston, Texas 77057
Maybe Gordon will do something like this...
Kohlberg Capital Corporation Announces Transferable Rights Offering
Monday March 31, 4:50 pm ET
NEW YORK, March 31, 2008 (PRIME NEWSWIRE) -- Kohlberg Capital Corporation (NasdaqGS:KCAP - News) announced today that its Board of Directors has approved the terms of a transferable rights offering to purchase shares of its common stock.
The Company will issue to stockholders of record on March 31, 2008 transferable rights to subscribe for an aggregate of up to 3,100,000 shares of the Company's common stock. Each record date stockholder is being issued one transferable right for every six shares of the Company's common stock owned on the record date. The rights entitle each holder to acquire at the subscription price one share of our common stock for every right held. The rights will be listed for trading on The NASDAQ Global Select Market under the symbol ``KCAPR'' and are expected to begin trading on April 1, 2008. Rights may be exercised at any time during the subscription period, which commences on March 31, 2008, and ends at 5:00 p.m., New York City time, on April 28, 2008, the expiration date, unless the subscription period is extended by the Company (the ``Expiration Date''). Record date stockholders who fully exercise all rights issued to them are entitled to subscribe for additional shares of the Company's common stock which were not subscribed for by other stockholders and any non-record date rights holders who exercise rights are entitled to subscribe for remaining shares that are not subscribed for by record date stockholders (the ``Over-Subscription Privilege'').
The subscription price for the shares to be issued pursuant to the rights will be 95% of the volume-weighted average of the sales prices of the Company's shares of common stock on The NASDAQ Global Select Market for the 10 consecutive trading days ending on the Expiration Date. Because the subscription price will be determined on the Expiration Date, rights holders will not know the subscription price at the time of exercise and will be required initially to pay for both the shares subscribed for pursuant to their basic subscription rights and, if eligible, any additional shares subscribed for pursuant to the Over-Subscription Privilege at the estimated subscription price disclosed in the prospectus relating to the rights offering (the ``Prospectus''), and may be required to pay an additional amount or receive a partial refund (without interest), depending on the final subscription price. The Company has the right to terminate the offering prior to delivery of the common stock if the subscription price is less than 70% of the net asset value attributable to a share of common stock disclosed in the most recent periodic report the Company filed with the SEC. In the event the offering is terminated, the rights will expire without value.
http://biz.yahoo.com/pz/080331/139197.html
We could start seeing some positive movement soon. The industry is picking up as a whole imho.
Sorry, I never heard of that stock. Is there a 5/1 reverse split planned in conjunction with the 'cash offer'?
Yes, more +50% days to come, we still have ground to cover before reaching fv. All imho. Have a great weekend guys!
Wise move imho, this stock is very speculative and the valuation seems quite high at first blush. GLTY and have a great weekend.
I agree with your projections, $31 should easily print near term. There was an industry-wide slowdown for a few months but business has really picked up in the last few weeks. The P/S and P/E ratios are reasonable. The dividend and strong ownership (inst interest) are also favorable signs.
The $30 call options (16 MAY 2008) look attractive imho.
http://finance.yahoo.com/q/os?s=PKI&m=2008-05-16
Great day today, up 10%. More to come imho. Have a great weekend buddy.
Monday, 21 Apr 2008
TI Steady After Disappointment? Here's Why
Posted By:Jim Goldman
Texas Instruments
L.m. Otero / AP
You'd think with the 3-plus percent rally in Texas Instruments' shares headed into tonight's earnings, this company would be plunging now, after missing numbers across the board.
But that's the joy of the markets right now: good news is great; great news is stratospheric; and bad news is, well, just expected -- so it's not all that "newsy."
Texas Instruments Inc reported 49 cents per share on $3.27 billion, but that EPS figure also included a 6-cent, one-time discrete tax benefit, so the apples-to-apples comparison with the Thomson consensus is 43 cents, or right in line with expectations. Revenue was a little lighter than the $3.28 billion expected by analysts.
TI also reports $3.22 billion in orders, which is noticeably down from the $3.48 billion the company reported in its fourth quarter.
"That's a problem," John Lau at Jefferies tells me. That's another strong indication of a slowdown, and dovetails with TI's far weaker-than-expected guidance.
Texas Instruments now anticipates an EPS range of 42 cents to 48 cents, far below the 51 cents Wall Street expected. The revenue range the company is providing is also well below consensus: $3.24 billion to $3.5 billion versus the $3.51 billion Street analysts were projecting.
Lau at Jefferies thought Texas Instruments would beat the Street for its first quarter. But as one of the Top 3 chip companies in the world, the top analog company in the world, it's gonna take a lot to hurt them, he says. Strong cash flow, no debt, and good trends longer term, he says, makes TI one of the top quality chip companies in the world.
It all comes to down to analog. And cash flow generation. And no debt. And that defendable market share position.
Analog players that have all seen big-time gains these last few months.
Texas Instruments hasn't yet played in those kinds of rallies, but now that we have an idea of where its business is going, some analysts are telling me it's poised to pick up momentum, since big funds will see the trends shaping up at these smaller players, and want to snap up TI at its bottom. And this might be viewed as the bottom.
And that might be the best reason yet why the company is weathering less than stellar guidance, as investors start looking at the company longer-term, seeing real growth potential just over the horizon.
Questions? Comments? TechCheck@cnbc.com
Lucas Energy Acquires Hines Unit No. 1 Well and Acreage
Thursday April 24, 8:30 am ET
Original Well Produced 173,000 bbls of Oil
HOUSTON, April 24, 2008 (PRIME NEWSWIRE) -- Lucas Energy, Inc. (AMEX:LEI - News), a U.S. based independent oil and gas company, today announced that it has acquired a majority of the working interest in the Hines Unit No.1 well in Gonzales County, Texas. The well is a straight-hole completion in the Austin Chalk formation, which has had cumulative production of more than 173,000 bbls of oil, since its initial production in 1981. The well was drilled in 1981 and was revived in 1987 by another operator who opened up more of the Austin Chalk interval. The well is currently producing 6 BOPD and is a good candidate for Lucas Energy's revitalization program.
The Company believes that the well is located directly on the fracture system as it is one of the most prolific straight-hole completions in the county. The well is in a 160-acre unit south of the city of Gonzales County, Texas and is just west of the Lucas Energy Hagen Ranch No.3 well, which was recently re-drilled to add a new lateral. The Hines well is considered a complement to the development of the area by Lucas Energy and is a key addition to the company's acquisition planning for the first six months of 2008.
William Sawyer, COO of Lucas Energy Inc., commented, ``We are excited about the acquisition of this acreage. We believe this will prove to be another example of our ability to revitalize an underperforming oil asset through our unique approach to increasing production yield, and expect continued production enhancements at this site. Our plan is to buy out the remaining working interest in the well in the near future, bringing the well in line with our operating model where we have 100% working interest in each of our properties. In this current pricing environment where oil is at a relative high, we expect incremental cash flow from this property to contribute $180,000 for this year to our financial results.''
About Lucas Energy, Inc.
Lucas Energy, Inc. (AMEX:LEI - News) is an independent crude oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying underperforming oil and gas assets, which are revitalized through a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its reserve base and cash flow while significantly reducing the risk of traditional exploration projects. The Company's headquarters are located at 3000 Richmond Avenue, Suite 400, Houston, Texas 77098.
The Lucas Energy logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4192
Forward-Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words ``expects,'' ``projects,'' ``plans,'' ``feels,'' ``anticipates'' and certain of the other foregoing statements may be deemed ``forward-looking statements.'' Although Lucas Energy believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release. These include risks inherent in the drilling of oil and natural gas wells, including risks of fire, explosion, blowout, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in oil and natural gas drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations; risks with respect to oil and natural gas prices, a material decline in which could cause the Company to delay or suspend planned drilling operations or reduce production levels; and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in oil and gas prices and other risk factors.
Contact:
Lucas Energy, Inc.
James Cerna, Jr., Chief Executive Officer
(713) 528-1881
Hayden Communications
Peter Seltzberg
Investor Relations
(646) 415-8972
peter@haydenir.com
Source: Lucas Energy
OM Group to Issue 2008 First Quarter Results on May 8, 2008
Thursday April 24, 4:30 pm ET
Conference Call & Webcast Scheduled
CLEVELAND, April 24 /PRNewswire-FirstCall/ -- OM Group (NYSE: OMG - News) today announced that it plans to release its 2008 first quarter results before the market opens on May 8, 2008. The company plans to discuss these results on a conference call and live audio broadcast on the Web at 10:00 a.m. (ET) on May 8, 2008. Investors may access the live audio broadcast by logging on to http://phx.corporate-ir.net/phoenix.zhtml?c=82564&p=irol-audioarchives .
A copy of the management's presentation materials will be available on the company's Web site at the time of the call. The company recommends visiting its Web site at least 15 minutes prior to the webcast to download and install any necessary software. Also, a webcast audio replay will be available on the "Investor Audio Archive" page of the company's Web site, approximately three hours after the call.
ABOUT OM GROUP, INC.
OM Group, Inc. is a diversified global developer, producer and marketer of value-added specialty chemicals and advanced materials that are essential to complex chemical and industrial processes. Key technology-based end-use applications include affordable energy, portable power, clean air, clean water and proprietary products and services for the microelectronics industry. Headquartered in Cleveland, Ohio, OM Group operates manufacturing facilities in the Americas, Europe, Asia and Africa. For more information, visit the company's Web site at http://www.omgi.com/ .
Source: OM Group, Inc.
Newport Corporation to Report 2008 First Quarter Results on April 30
Wednesday April 23, 11:30 am ET
IRVINE, Calif., April 23 /PRNewswire-FirstCall/ -- Newport Corporation (Nasdaq: NEWP - News) has announced that next Wednesday, April 30, 2008, the company will release results for its first quarter ended March 29, 2008. The company also said President and Chief Executive Officer Robert J. Phillippy and Senior Vice President, Chief Financial Officer and Treasurer Charles F. Cargile will host an investor conference call that day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to review the company's financial results and business outlook.
The call is open to all interested investors through a live audio broadcast via the Internet at www.newport.com/investors and www.earnings.com. The call also will be available to investors and analysts by dialing (888) 218-8184 within the U.S. and Canada or (913) 312-0954 from abroad.
The webcast will be archived on both websites and can be reached through the same links. A telephonic playback of the conference call also will be available by calling (888) 203-1112 within the U.S. and Canada and (719) 457-0820 from abroad. Playback will be available beginning at 8:00 p.m. Eastern time (5:00 p.m. Pacific time) on Wednesday, April 30, 2008, and continue through 8:00 p.m. on Wednesday, May 7, 2008. The replay confirmation code is 6646410.
About Newport Corporation
Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, microelectronics manufacturing, aerospace and defense/security, life and health sciences and precision industrial manufacturing markets. Newport's innovative solutions leverage its expertise in high-power semiconductor, solid-state and ultrafast lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, optical subsystems and precision automation to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's SmallCap 600 Index and the Russell Microcap Index.
Source: Newport Corporation
Thanks for the response. I agree, the products look decent enough. Would you please name some of the distributors?
Nice gesture. Not a bad idea. All imho.
Did you sell yet or are you still holding? J/w, tia.
"Our sales increased by approximately 20% over our sales in 2006. However, our cost of sales was impacted by factors beyond our control and these were: increased cost of employee medical insurance; the steady decline of the dollar against foreign currencies, particularly the Euro; increasing cost of product liability insurance, despite the fact that we've never had a claim; and the growing cost of fuel."
Why does 'the growing cost of fuel' greatly impact COS? Why bother with a release without hard numbers, would it not be better to clarify -- $10M sales or $100M sales in 2007? Is there something to hide? Is the company buying components from Europe or why does the exchange rate impact COS? Thanks in advance, sorry if these questions have already been answered.
What were the 2006 and 2007 rev's for the co? What was the net income for the same period? TIA
Endoscopy is very hot right now but there are concerns about increased regulations in the near future according to recent reports I have read (especially in MD&DI).
http://www.devicelink.com/mddi/current_issue.html
All imho. Glty&a.
The 80.00 May calls caught my eye. Are you still holding 75's?
Pardon me if these questions have already been answered...
All for 2007:
Revenues
Current Debt
Total Liabilities
Assets
Goodwill
Auditor's name/contact info
EBITA
Net borrowings
Shares sold
Net income
Cash used in operations
2008 rev outlook
2009 rev outlook
2008/9 p&l estimates
R/s planned?
Thoughts on new fda restrictions of medical devices?
Thanks in advance...
Common stock?
Tomato Growers Cut Crop amid Immigration Worries
by Joel Rose
Morning Edition, April 25, 2008 · Tomato growers in New Jersey say tougher immigration enforcement may change this year's crop. It's getting harder to hire the migrant laborers — many of them from Mexico — who traditionally pick tomatoes during the few weeks when they're ripe.
http://www.npr.org/templates/story/story.php?storyId=89934186&ft=1&f=1003
Strong vote of confidence. This is a tremendous benefit for all sh's imho.
Smart move on the part of JP imho.