Toby Smith Stock Review

[MLD38]

TO vizsla4084: GEOY (See Stk Gumshoe Forum)

NOTE from MLD38: GEOY chart
http://finance.yahoo.com/q/ta?s=GEOY&t=6m&l=on&z=l&q=b&p=m50,m20&a=vm,m26-12-9,r14&c=


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GEOY = New Navellier teaser/promo: See Stk Gumshoe Forum
http://oneguysinvestments.com/gumshoe/comments.php?DiscussionID=805

Starts off (but also has other comments further down the webpage ----

Sleuth Challenges and Solutions: New Navellier tease
Author womanwithportfolio
Feb 3rd 2008 edited
Report Post# 1

I hadn't seen this one before from Navellier, so I thought I'd share it. (In case you're wondering why I'm not mashing up avocados for Super Bowl guacamole, I've bought some pre-prepared.) Sorry, Blurpie, just saw that you mentioned this one, too.

Here's the tease:

"This company is right in the middle of the defense sector. And it is the kingpin of satellite imagery. Many of these space images are already familiar to you, I’m sure. Type in your name and phone number on Google and it will offer you a photo of your backyard. These photos are provided to military, mining, port security and boarder patrols at such a high definition, I’m told you can count the loose change in a miscreant’s pocket! Located minutes from the Defense Mapping Agency and the Pentagon, and run by ex-military types with lifetime connections to the right people, this tiny company has “tenbagger” tattooed all over it...In a few weeks, our satellite imaging company will announce earnings. Analysts will be thirsty for good news and they’ll be well rewarded. Institutions, desperate to use the cash they’ve taken out of the consumer and financial sectors will be all over this stock like white on rice."

womanwithportfolio concluded:

..."Using my Navellier-bs-navigator machine, I've come up with GeoEye (GEOY), located in Dulles, VA and run by a retired Air Force officer. I'm not quite sure why this should make me an overnight millionaire, or why financial types would be all over it, but I thought I'd just put it out there for you folks to ponder. (I already have my spy stock, so I'm not biting on this one.)"...

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OTHERS wrote:

Here is some date on GEOY-
TTM as of 9/30/2007 Total* Per Share**
Revenues $181,037 $8.24
Income from Continuing Operations $58,195 $2.65
EBIT $74,550 $3.39
Ebitda $104,202 $4.74
Net Income $58,195 $2.65
Cash Flow from Cont. Ops $76,194 $3.47
Free Cash Flow $32,962 $1.50
Cash $229,299 $10.44
Long-Term Debt $246,610 $11.23
Book Value $216,598 $9.86
Enterprise Value $629,581 $28.67
Market Capitalization $612,270 $27.88

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I happen to work for the company that built the imaging spacecraft for GeoEye's main competetor Digital Globe. DigitalGlobe is not public so there is no way to compare stock performence. GeoEyes new spacecraft, GeoEye 1, isn't due to launch until August. Was supposed to be this Spring but has been delayed.

Press release:

..."GeoEye (GEOY) filed an 8K with the Securities and Exchange Commission (SEC) stipulating that the launch of GeoEye-1 has been postponed once again to a 30-day launch window commencing August 22, 2008.

According to the 8K, " GeoEye, Inc. has received a letter dated January 12, 2008 from the Contract Administrator of Boeing Launch Services, Inc., indicating that Boeing and its affiliate, United Launch Alliance, LLC do not expect to launch the GeoEye-1 satellite on the date specified in the Launch Services Agreement between GeoEye and Boeing, set for a 30 day launch window commencing April 16, 2008, with the “nominal launch date” under the contract set at April 16. Boeing has offered in its letter to launch GeoEye-1 during a 30-day launch availability period commencing on August 22, 2008 from Vandenberg Air Force Base."

In the past, delays of GeoEye-1 have been incurred due to Vandenburg's tight schedule window especially with defense satellites. GeoEye stock is down 7% in early trading this morning."...



GeoEye currently has a couple of older lower resolution spacecraft on orbit. DigitalGlobe's latest spacecraft, Worldview1, is about twice as agile as GeoEye1. Both have a similar 60cm imaging system built by ITT. WorldView 1 is panchromatic and GeoEye1 is multispectral. DigitalGlobe's WorldView 2 is currently under construction and will have a larger 100cm multispectral imaging system.

Here is a link to GeoEye1 factsheet
http://www.gd-ais.com/Capabilities/offerings/marketing/GeoEyedatasheet.pdf

So, they don't have a monopoly on the comercial imagery market nor are they first to market. Maybe their stock will get a boost when/if GeoEye 1 gets on orbit sucessfully, but a 10 bagger??????

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From the flyonthewall.com

Louis Navellier's Quantum Growth Update
positive on ATVI, BBD, CHTT, ERJ, NVDA, PETS, PCLN, & WDC;
cautious on BG, GEOY, FSTR, NOK, & TDG.