Nextwave Wireless (fka WAVE)

[Wheeeeee]

PacketVideo is owned by Nextwave. Nextwave used to have alot more business units but most (if not all) other were discontinued.
Packetvideo makes Twonky. Twonky is a tool that allows for mobile media sharing, but also as a media library.
It is quicly becoming the world standard and is used in an instane amount of things. Mobile phones, xbox, high end audio. They previously made deals with M$, google a number of telecom companies etc etc.
This will be a monster. They have a blockbuster app and people are not realising it.
In with 35k shares months ago (0.3 area) in my core long hold
In with a varying amount of shares in my scalping hold. This stock is just too sexy when it comes to scalping. The scalping pattern is deteriorating though.

The shareprice hasnt really reacted to the docomoodocodomummnsionocum news. Could be related to the dump day on the market, or that it was allready partially incorporated in the share price. I dont know and i dont care.

twonky site: http://www.twonkyvision.de/

Packet video HEADLINES

* July 5, 2009
DOCOMO and PacketVideo Form Strategic Alliance to Accelerate Innovation and Growth in Mobile Multimedia Software and Services
* July 1, 2009
Yamaha selects TwonkyMedia server to power MusicCAST2 Home Audio Product Line
* June 25, 2009
PacketVideo Music Client Powers Versatile Music Service for TeliaSonera Finland
* June 18, 2009
PacketVideo Nominated as 2009 Meffy Awards Finalist
* May 21, 2009
PacketVideo Powers End-to-End Music Service for Rogers Wireless
* May 20, 2009
PacketVideo's TwonkyMedia Manager Named as Finalist in 2009 American Business Awards
* May 19, 2009
PacketVideo's CORE Multimedia Player for Video and Music Powers 10 New NTT DOCOMO Models
* April 28, 2009
Panasonic Collaborates with PacketVideo to Provide TwonkyMedia Server Free to VIERA TV Users
* April 9, 2009
Buffalo Selects TwonkyMedia Server to Power Media Streaming on Nfiniti Wireless-N High Power Router and Access Point
* April 7, 2009
PacketVideo Announces Upgrade to Award-Winning TwonkyMedia Manager Software
* April 2, 2009
PacketVideo Broadens PlayReady Support to Include Multiple Mobile Device Platforms
* March 30, 2009
Philips Streamium Integrates PacketVideo’s TwonkyMedia Server
* March 11, 2009
PacketVideo Music Client Powers Versatile New Music Service for NetCom
* March 10, 2009
PacketVideo’s CORE Multimedia Framework Powers New SoftBank 830N Handset Manufactured by NEC
* February 17, 2009
PacketVideo Music Delivery and DRM Software Powers Subscription Service Launched by Vodafone in India
* February 16, 2009
PacketVideo Brings Live TV to the iPhone
* February 16, 2009
PacketVideo Maintains Commitment to Open Source With Launch of OpenCORE™ 2.0 for Android Platform
* February 16, 2009
PacketVideo’s CORE Multimedia Framework Powers SoftBank 930P Handset Manufactured by Panasonic
* February 12, 2009
PacketVideo Response to Android Security Vulnerability
* February 11, 2009
PacketVideo and Nagravision Turn iPhone and WiFi-enabled Devices into Mobile TVs
* February 10, 2009
New Mobile Phone From Fujitsu Uses PacketVideo Multimedia Software
* January 8, 2009
The Digital Home Has No Walls: TwonkyMedia Manager Ushers in New Era of Connected Home Media
* January 8, 2009
PacketVideo Demonstrates TwonkyMedia Server Support for Windows 7 for First Time at CES
* January 8, 2009
TwonkyMedia Server Quickly Becoming the Industry Standard for Connected Home Media
* January 8, 2009
TEAC Selects TwonkyMedia Server to Power Wireless Audio on WAP-4500 and WAP-8500 Devices
* December 9, 2008
PacketVideo Music Client Powers Versatile New Music Service for TeliaSonera
* November 5, 2008
PacketVideo's CORE Multimedia Player for Video and Music Powers 13 New Models in NTT DoCoMo
* September 23, 2008
If It's Android Entertainment, It's PacketVideo
* August 11, 2008
PacketVideo: Video on a Cell Phone Turns 10
* May 27, 2008
PacketVideo’s CORE™ Multimedia Player for Video and Music Powers 10 New Models in NTT DoCoMo 906i & 706i Series
* April 1, 2008
PacketVideo (PV) Provides First End-to-End Music Service for Mobile and Broadband Access for Canada's TELUS Mobility
* April 1, 2008
PacketVideo's New MediaFusion Content Management and Delivery Platform Crafts User-Centered Media Services
* February 11, 2008
PacketVideo (PV) Mobile Broadcast Receiver Delivers New TV Services to Existing Handsets
* February 11, 2008
PacketVideo's CORE™ Multimedia Framework Named Exclusive Player for Vmedia Mobile Handsets at Launch
* January 7, 2008
PVConnect™ Media Server Software Included in Select New HP Storage and Home Server Devices

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the financials kinda suck on this one, but that will come to pass.

http://www.google.com/finance?q=NASDAQ:WAVE&fstype=ii

This shows that they dont have alot of cash
total current assets - total current liabilities.
That is quite bad.
Im also not liking the growing long term debt. That means that they need to pay alot of their income as interest. Could have grown due to a number of reasons: one of which being that they might have taken the debt to allow for unnatural growth. I doubt that that is the case. Does anyone else have a clearer view on this?

But with the amount of deals incoming and the docodmomdomcododmcom stuff I will assume that there are more people out there that trust this company to come around.