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Thursday, July 08, 2010 9:53:02 AM
Mid summer volume is usually not high anyway but 78k after news. The HSCC/ONYX joint venture announcement is much bigger than most people realize. HSCC has been in business for over 10 years. HSCC has been doing business with their largest customer Alcoa for 8 years.
"HSCC also is leveraging its relationship with a major Fortune 100 manufacturer to help integrate Onyx's compression and encryption software into a video-and image-based quality control process monitoring system."
This sounds like an upgrade to enhance "January 2008 Portable Video System engineered for Fortune 100 Company. Emergency and maintenance backup for HSCC 16 camera systems on multiple production lines. Don't ever expect any mention other than a Fortune 100 company when refering to Alcoa.
With the ONYX venture it is no longer just HSCC working to get contracts. ONYX has 5 divisions and 30 very well connected experts. Ground work has been laid.
It's just a matter of time before we get news of contracts. Eventually what will happen is contract numbers will add up and HSCC will say goodbye to low penny land just like it did to sub penny land. At that point anything we say on these boards will have no bearing on the volume or price.
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