Replies to post #148 on Under $10 Special Ones

[OldPro]

had to look...

solecism up in dictionary - and can imagine what happened - kind of funny.

Found LWAY on IBD Top-Rated Stocks Under $10 list - which I pay about $99/year to get along with the couple of hundred dollars per year for the regular subscription - so IBD found it for me at around $8 - and that's where I bought most of it. Huge winner for me - relatively speaking - since I'm sure the Wall Street big wigs would say it's petty cash - lol.

I sold some around $18.5 recently and have order to buy back in at $17.90 - as soon as I sold I felt "empty" (he, he, he) but holding quite a bit still - plan was to sell and and buy back in quick on expected dip - but it really didn't dip like thought would (were the only shares have sold since originally buying). Almost feel like I panic sold since did so on revenue miss - but thinking there will be big PR on opening of Starfruit Shop and bound to get more distribution agreements - I will pay higher than current order if not able to build position back up soon.

Holding all of SOYO and have not sold a single share - I think it could be "The One".

Have order in to buy some GXYF at .31 - put right after dip - previous order expired before it got filled.

[OldPro]

IPO Watch: Make your portfolio smile

Ann C. Logue | Oct 23, 2007 6:20am EDT | User Rating N/A

012 Smile.Communications LTD
www.012.net
NASDAQ: SMLC
Scheduled for Oct. 29
$375.7 million post-money valuation

Is it 1999 all over again? No matter how mature the Internet seems, investors want stock in it. Hence, Internet Gold - Golden Lines Ltd. (Nasdaq: IGLD), an Israeli telecommunications and Internet company, is spinning off its 012 Smile.Communications subsidiary, which operates a broadband Internet service, VoIP-based telephone and business services, and a network of Wi-Fi Internet access spots throughout Israel. After the deal closes, Internet Gold will own 73.3% of the 012 Smile.Communications business and all of its Smile.Media business, which provides online content, advertising, commerce and search services.

Internet Gold hopes to net about $91.3 million from the offering of 6,675,000 shares at a price between $14 and $16 per share. (All numbers are in U.S. dollars on U.S. GAAP.) Of the proceeds from the offering, $41.0 million will go to pay off debt, debentures, and a contingent payment stemming from its December 2006 acquisition of 012 Golden Lines, an Internet service provider (ISP) that was rolled into Smile.Communications. The rest of the funds will go to general corporate purposes, possibly including acquisitions. Acquisitions aside, the big source of growth will be telephone services. Israel is a tiny country. Its citizens come from all over the world, and its businesses (including Internet Gold) rely on customers and partners all over the place. Hence, it’s easy for people to run up big long-distance bills, and that makes alternatives attractive. Already, the company captures 34% of incoming and outgoing international call minutes within Israel.

Although 012 Smile.Communications is the second largest ISP in Israel with about a third of the market, it generated just $244.4 million in revenue from one million residential and business customers in 2006 on a pro-forma basis. To put that in perspective, Comcast Corporation (Nasdaq: CMCSA), which is the second largest ISP in the United States with about 12% of the market, brought in over $24.9 billion in total revenue last year, although the company did not break down how much of those sales came from its 11 million Internet subscribers and how much came from customers using television and telephone services.