Wednesday, July 30, 2003 11:49:48 AM
Tom: Okay, you are sticking with ACG even though their dividends will be diminishing. :)
LOUD doesn't meet the standard for AIM in being currently profitable, with a history of increasing profitability. It's a high risk stock: a company that will have diminished losses on their earnings, however, (even though not profitable) which will be reported tonight. And it sure has the Beta requirement!
They've made a large number of deals of all kinds in recent times, and I would expect those to pay off. Just a glance at the headlines here
http://biz.yahoo.com/n/l/loud.html
should give you an idea of what I mean. What they do is described here:
http://biz.yahoo.com/p/l/loud.html
Loudeye Corporation is a service provider facilitating the use of digital media for live and on-demand applications for enterprise communication, marketing and entertainment. The Company's services enable its customers to outsource the management and delivery of audio, video and other visual content over the Internet and on other digital distribution platforms. Loudeye's technical infrastructure and proprietary applications make up an end-to-end solution, including rich media application support, Webcasting, Web conferencing, hosting, storage, encoding, capture and media restoration. The Company's solutions reduce complexity and cost of internal solutions, while supporting a variety of digital media strategies and customer business models. In 2002, the Company served over 800 customers, including The Coca Cola Company, Microsoft, CDNow, Amazon, America Online, American Association for Cancer Research, barnesandnoble.com, the Metropolitan Opera and the New York City Ballet.
Loudeye Corporation is a provider of Internet media infrastructure services and applications that create a complete solution for media, entertainment and corporate markets by simplifying the process of delivering audio and video content to the Web. For the three months ended 3/31/03, revenues rose 2% to $3.3M. Net loss rose 71% to $13.1 million. Results reflect the acquisition of Streampipe, offset by increased special charges due to asset impairments.
I had a problem in that there was just a small amount of money to invest, and I therefore wanted a very inexpensive stock so I could buy enough shares to make the AIM investment viable. I had been trading LOUD on and off and had been watching it for a while, so I felt comfortable jumping in where I felt it wasn't at the absolute low, but I kept cash for additional buys, and I could still get 1000 shares to start me off. I knew it to be very volatile so I figured on that score it would be an excellent AIM stock. I don't have the Beta, but it should be impressive.
I bought at 2.45, had an AIM buy of 200 more shares at 1.81 and then an AIM sell of 200 shares at 2.64. So I'm standing with the original 1000 shares at a price around where I bought in initially, and Newport says I have a 10% profit after a week and a half in the stock.
Usually I only trade 10% of my position under AIM, but because the value of the shares is so low, I upped the minimum shares for each trade to 200.
I hope the earnings tonight are as good as they warned they'd be. If that isn't already discounted, I wouldn't be surprised if I didn't have another sell -- that is set for 3.29 and would require a pretty big move. But the 52 week range is from .18 to 3.48, so it's not impossible, especially since the 3.48 occurred this month.
Chart here:
http://finance.yahoo.com/q?s=loud&d=1y
I'll say again, it's a high risk stock, but I think it may have capability for significant growth.
Linda
LOUD doesn't meet the standard for AIM in being currently profitable, with a history of increasing profitability. It's a high risk stock: a company that will have diminished losses on their earnings, however, (even though not profitable) which will be reported tonight. And it sure has the Beta requirement!
They've made a large number of deals of all kinds in recent times, and I would expect those to pay off. Just a glance at the headlines here
http://biz.yahoo.com/n/l/loud.html
should give you an idea of what I mean. What they do is described here:
http://biz.yahoo.com/p/l/loud.html
Loudeye Corporation is a service provider facilitating the use of digital media for live and on-demand applications for enterprise communication, marketing and entertainment. The Company's services enable its customers to outsource the management and delivery of audio, video and other visual content over the Internet and on other digital distribution platforms. Loudeye's technical infrastructure and proprietary applications make up an end-to-end solution, including rich media application support, Webcasting, Web conferencing, hosting, storage, encoding, capture and media restoration. The Company's solutions reduce complexity and cost of internal solutions, while supporting a variety of digital media strategies and customer business models. In 2002, the Company served over 800 customers, including The Coca Cola Company, Microsoft, CDNow, Amazon, America Online, American Association for Cancer Research, barnesandnoble.com, the Metropolitan Opera and the New York City Ballet.
Loudeye Corporation is a provider of Internet media infrastructure services and applications that create a complete solution for media, entertainment and corporate markets by simplifying the process of delivering audio and video content to the Web. For the three months ended 3/31/03, revenues rose 2% to $3.3M. Net loss rose 71% to $13.1 million. Results reflect the acquisition of Streampipe, offset by increased special charges due to asset impairments.
I had a problem in that there was just a small amount of money to invest, and I therefore wanted a very inexpensive stock so I could buy enough shares to make the AIM investment viable. I had been trading LOUD on and off and had been watching it for a while, so I felt comfortable jumping in where I felt it wasn't at the absolute low, but I kept cash for additional buys, and I could still get 1000 shares to start me off. I knew it to be very volatile so I figured on that score it would be an excellent AIM stock. I don't have the Beta, but it should be impressive.
I bought at 2.45, had an AIM buy of 200 more shares at 1.81 and then an AIM sell of 200 shares at 2.64. So I'm standing with the original 1000 shares at a price around where I bought in initially, and Newport says I have a 10% profit after a week and a half in the stock.
Usually I only trade 10% of my position under AIM, but because the value of the shares is so low, I upped the minimum shares for each trade to 200.
I hope the earnings tonight are as good as they warned they'd be. If that isn't already discounted, I wouldn't be surprised if I didn't have another sell -- that is set for 3.29 and would require a pretty big move. But the 52 week range is from .18 to 3.48, so it's not impossible, especially since the 3.48 occurred this month.
Chart here:
http://finance.yahoo.com/q?s=loud&d=1y
I'll say again, it's a high risk stock, but I think it may have capability for significant growth.
Linda
I got shot off my horse. So what? I'm up again. Mark Knopfler
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