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litton51

09/24/10 2:18 PM

#36462 RE: my evil twin #36459

OK. Glad we have such knowledgable people on the forum.
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downsideup

09/24/10 2:46 PM

#36466 RE: my evil twin #36459

Compare a 4 year weekly chart with a 4 year monthly chart...

Looks like the MA at $0.525 is the near term target for resistance on the monthly chart. Go out to 8 or 10 year charts, and you see the early performance PRIOR to the organizational disruptions that are being overcome now, but also PRIOR to the fact of massive revenue being generated, resulting from the wide adoption of the tech with it now having already been proved in the market.

The aborted move up to $0.50 in Feb 2007 was driven by "hope" that the company might be able to accomplish those things that they ARE accomplishing now...

That look shows a return to $0.75 to $1.50 would only put it back in the range near the base it had sustained PRIOR to proofs the tech worked, and would make it in the market...

I think $0.75 is a decent near term target. Resolution of the lawsuit in state court, should put it back to trading in the range it had before, between $1 and $5, but, resolution of the suit with T-Mobile is already on the table... and if or when that leads to a deal... it will be the terms of that deal that determine the value. The $5 to $10 range seems realistic... within the next 90 days.

After that... CLYW will face a "target rich environment"... with a need to talk to 3 or 4 others that are as large or larger than T-Mobile... and we're still only talking the U.S. market, not Europe or Asia...