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Sunday, 02/26/2006 1:58:42 PM

Sunday, February 26, 2006 1:58:42 PM

Post# of 428
Sweet Contract For a small penny stock company such as League City,
Texas based Eagle Broadband Inc.(EAG <http://finance.yahoo.com/q?s=EAG>
), a broadband, IP and communication service provider to government,
military and corporations, nothing may be more exciting than new
contracts. On Thursday, February 16, the penny stock company currently
trading at 13 cents per share announced that it has secured two
contracts <http://biz.yahoo.com/bizj/060216/1230278.html?.v=1> - from
Renaissance Healthcare and Harborwalk in the greater Houston area on
advanced IP network solutions. The next day the stock went up 8.33%.

Technical
The technical chart
<http://finance.yahoo.com/q/ta?s=EAG&t=1y&amp;l=on&z=m&q=l&p=m50\
,m200&a=p12,ss,m26-12-9&c=> is showing weakness as both 50 day and 200
day moving average are still going downward. However with KD line
crossing upward and stock now breaking over 50 day moving average,
there
is a chance that a rally may come very soon. A rally will then bring
MACD above 0 indicating buy signal
<http://smartstockinvestment.blogspot.com/2005/12/high-return-stock-indi\
cator-macd.html> .

Insider
The insiders including employees, directors and institutions aren't
supportive to the company as most transactions recently were sale of
stock. The institutions have sold 2.1 million shares in the most recent
quarter, up 17.7% from previous quarter.

Financial
Looking at the financial statements, the company generated less revenue
in fisical year 2005 than the previous year and also had wider net
loss.
Hopefully the new contracts will improve the financials of the company
for fisical year 2006.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(broadband): 3
2. News Buzz: 5
3. Technical: 3
4. Insider: 1
5. Financial: 2
Recommendation: Buy More detail about: Penny Stock Pick
http://pennystockpick.blogspot.com/2006/02/penny-stock-pick-eag.html
<http://pennystockpick.blogspot.com/2006/02/penny-stock-pick-eag.html>


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