You are truly hysterical. Don't you know anything about the impending restructuring? This POS is not going to be selling for more than $2.00 a share by next quarter.
New hot thing? They've been struggling just to keep their doors open for several years. Have they signed on any huge companies that we don't know about? They certainly haven't released any promising press releases in ages.
S55 huh? That could be a nice next step from my current CLK55 AMG (See this same nick on WBworld.org for confirmation). In either case, would love to hear if you know any more about Par. You are right in that they probably still have influence in some way. I still have some of the ESAN left over from that fiacso but know that it's not worth the paper it's written on right now. Who do you work for now? I don't check this forum much anymore but leave me a message here and I'll see it when I stop in to see what's up.
I actually worked for Par's wife, Sharon on an unrelated project. They wanted me to go work for them at some new software company they were starting as Osicom fell apart. Par took me to lunch and tried to explain this other biz to me. Really nice guy, drove a cool S-500, there were some other Indian nationals involved. Unfortunately for me, I turned him down, maybe I'd be in my own S55 by now.
I look on the board at Sorrento and I see some Indian names there. His people could still be involved. Low volume could me high volatility and big swings. Get on the right side of them and you could see some nice money. I may watch for a low, wait for a big block to go through and follow it in.
Funny! Yes, Chada is long gone. In my opinion he raped the company and then ran off before getting procecuted (sp?). Maybe they finally caught him. I don't know. I remember the old days too. COnference calls where he was touting how good everything was going while he was socking away gobs of cash at the shareholders expense. Back in the old days, I was lucky enough to be on the right side of the trades (from $2 to $12 over a two year period). But not lucky enough to have held onto it for the extra 2 months it took to go from $12 to $144 (Yep, $144 less than two months AFTER I sold my 5000 shares = about $600,000 profit). Ouch! Had I held onto it for even a week longer, I would have been doing a LOT better (maybe a nice 50foot yacht out in the carribean? In either case, I'm watching this turkey again. I bought into it right after the reverse split (a few thousand shares) and then sold when it got to $8 or $9 (I think). Have been on the sidelines here now for a while. Thought it could become a valid "game" again, but recent low volume indicate that prospect as less and less likely. Drop back in every once in a while and let us know what you think of the activity should we see it increase again.
You've got to be kidding! The only people who are really disgruntled on this board are the longs who keep pretending they are going to make money off this stock.
Cut your losses before it sinks big time. Don't forget that this stock is still trading at under .35 a share in reality!
ING BHF-BANK selected Sorrento's SideStreet Channel to expand their system bandwidth. Their network situation is very similar to that of many other enterprise customers looking to minimize disruption to their current system and yet be able to get more bandwidth out of their existing facilities. With SideStreet Channel, customers have the ability to migrate their networks to multi-gigabit capacities one link at a time and avoid expensive, time-consuming 'forklift upgrades' of their entire network."
Sorrento Networks' GigaMux is a metro and regional dense wavelength division multiplexing (DWDM) platform that transforms any fiber plant into a high-performance, multi-protocol transmission network with up to 64 times the transmission capacity. GigaMux is a compact, flexible and cost-effective system
Where's the money? Sounds like another diddly squat little deal that is merely a drop in the bucket for what this company really needs.
EX-LONG who had the sense to sell before this restructuring goes down.