I come on this board to discuss JCDA and I am long the stock (in at $14.50) and intend to hold. I like the technology and the market this company is in. I like the association they have with SUNW. That can't hurt, can it?
But really, you guys and gals need to take a look at the numbers released yesterday by ECTX. I am not pumping the stock and could care less if you buy it because someone will and make a lot of money on it. I am returning the favor to those who put me on JCDA. There is no message board for ECTX yet. I really think this is a good play at this level. They are even making a profit and the revs and gross margins are in rapid growth mode.
I wish some of you guys would take a look at it and let me know what you think. I may be missing something but I have already put my money in the pot. Thanks in advance for any input. Good luck to all JCDA longs and traders.
they have a strong balance sheet. But, jcda has more history and a larger client base as of right now. Also, there was a post in regards to Lehman with a earnings estimate of -.02. Regardless, it looks like the theme is revenues and I hope that we show more than $5.3 million and I hope that there is indications that this is a company that will not only actively pursue strong strategic alliances but also if their prospectus indicates that they are going to be acquiring other companies.
If anyone has their prospectus and if they can see what Jacada was going to do with proceeds and with its' market cap, that will go along way to seeing where this company is gonna head.
"We expect totuse the net proceeds from this offering for general corporate purposes, including working capital. In addition, we may use a portion of the net proceeds to acquire complementary products, technologies or businesses. However, we currently have no such commitments or agreements and are not involved in any negotions with respect to any such transaction.
cont. to pg 12...
The other principal purposes of this offering are to increase our financial flexibility, create a public marker for our common stock, facilitate our future access to public equity markets and increase our visibility in the marketplace. As of the date of this prospectus, we cannot specify with certainty the particular uses for the net proceeds to be received upon the closing of this offering.
Pending other uses, we intend to invest the net proceeds of this offering in interest-bearing investments or bank deposits. Any investments or bank deposits in Israel will have interest and principal linked to a non- Israeli currency or to the consumer price index in Israel.