Your quesses seem to make sense. Boeing; I would have quessed Ford; I know what FEMA is and can understand the logic; excuse my ignorance, but what is NOAH, an Ark Maker or another Goviment entity?
Can you explain the significance of the Unisys deal?
What would the Mel Gibson character in "Conspiracy Theory" think of the recent rash of negative Tera comments under a variety of new, yet ever changing names to this site?
only--emmes, please explain why you came out of nowhere as a cheer leader and moved so negative (not that the news is good)in such a short turnaround time. You can't make fast bucks here.That only happened once in August 1997.
Peace and Brotherly Love from Philly..and very close to the Unisys HQ.
The info i have regarding a sale is that it will be coming from somewhere in europe and may not be auto related (unless you consider oil drilling auto related.
As far as negative I just am quite unimpressed with the lack of Foresite of Management to have gone out on a limb with GA's and then switching to CMOS. Dont get me wrong I am not a computer scientist but I am please they went with something with better predictability (as well as the Foundry selection), but did they have to take so long to admit they were wrong? It probably burned over a million dollars unescessarilly.
I still am long but If it were not for the predicted Small cap boom I would not be sticking around. If you want to look at a winner look into GNSSF it just is starting to run. And the product line (Flat Panel Displays as well as many other too numerous to mention)is exploding.
that this is the first press release in some time NOT to contain that little tag-line that problems, etc. "are not expected to impact sales in the 4th quarter."
Finally admission that there aint gonna be no sales in fy98. I'd be surprised to see delivery of mta4 to sdsc by dec 15th.
On another note...all you shorts who are expecting tax loss selling? I don't think there is going to be much of it. Individuals do their tax loss selling in december, and i dont think many individuals are going to bail. Institutions start doing there tax loss selling in september and october and continue right up to the end of the year.
If tax selling were going to push tera to under a buck we would have seen it by now. Timbax, I gotta say, while i have pretty much lost faith of ever breaking even on this stock, and dont see the company existing long term, I think sub $1 in 60 days is utterly ludicrous. Like I think TERA at $200 by Dec. 31 is just as likely!
I think you are giving way way way too much importance to the floorless convertible deals. Yeah, they arent good but they arent all that uncommon and it is not a sure sign of a compnay in its death throws. Perhaps a good indicator of stocks to short but no absolute guarantee...and I assure you TERA could line up additional placements for 2-3 quarters...keeping the stock in the $4-5 range. If you are looking for an 80% return I hope you shorted well above $12.