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Daegis Inc. Message Board

friendofthetrend 195 posts  |  Last Activity: 13 hours ago Member since: Jan 5, 2001
  • Reply to

    Another nice contract win

    by chart_watcher99 15 hours ago
    friendofthetrend friendofthetrend 13 hours ago Flag

    From CC:
    ORBCOMM and Savi have submitted a proposal in response to the U.S. Army RFID IV project, which will provide both RFID tags and satellite solutions for military logistics support. By leveraging our complementary technologies, we believe we will bring the right blend of technology platforms and industry expertise to the RFID IV proposal. We plan to work with Savi to develop best-of-breed asset tracking and monitoring solutions [f]or other global opportunities in the near future. We plan to update you on the progress of this proposal over the next couple of quarters.

    *****

    "other opportunities" ??? "near future"
    *****

    Posted, 2014-03-24
    Global machine to machine market presents strong business prospects, especially for the businesses in the satellite industry. Satellites play crucial role in communications across land, sea, and air. Satellite connectivity strengthens with M2M communication technology. Due to advancing applications of this technology and its constant evolution, major industries verticals have started adoption these technologies. Cost reduction, accessibility from remote locations and advanced benefits in communication and networking are some of the major drivers for the global market.

    As a result of all these factors, the industry is poised to witness healthy growth, especially during the forecasting period. According to the market research reports, the industry will continue growing at an anticipated CAGR of over 9% from 2014 to 2019. During this timeframe, it is expected to reach $4,763.4 million by 2019. In 2014, M2M satellite communication market was worth $2,983.4 million in 2014. Increasing awareness and demand for dual mode M2M also plays crucial role in the overall growth in demand for these technologies across different parts of the world.

    *****

    Orbcomm is the market leader in satellite M2M with a 42% share of the market and it is also the only satellite network and company 100% dedicated to M2M.seeking alpha

  • SPACEFLIGHT NOW
    Posted: April 21, 2014

    The six Orbcomm satellites scheduled to launch on SpaceX's next mission completed testing and were ready to be transported to Cape Canaveral several weeks ago but had to be held at their Sierra Nevada Corp. factory until SpaceX was ready to receive them, officials said.

    Orbcomm says it now expects the launch to be between May 17 and May 25.

  • friendofthetrend by friendofthetrend Apr 22, 2014 7:20 AM Flag

    http://www.conferencecalltranscripts.org/summary/?id=961116

  • friendofthetrend by friendofthetrend Apr 19, 2014 3:01 PM Flag

    Orbcomm web site:
    4-18-2014

    Congratulation to SpaceX on a successful CRS launch this afternoon! ORBCOMM's OG2 Mission 1 is next on the SpaceX manifest. Sierra Nevada Corporation has four of our OG2 satellites packed, and they will be shipped to Cape Canaveral Air Force Station in Florida tomorrow, Saturday, April 19. The other two OG2 satellites will ship to Cape Canaveral next week in preparation for launch in mid-May. We anticipate setting a specific launch date with SpaceX by the middle of next week and will post that date asap. In the meantime, we are tracking the delivery of our satellites as they travel across the country to the Cape!

  • friendofthetrend by friendofthetrend Apr 17, 2014 6:52 PM Flag

    The lower than avg volume just means there probably are fewer traders plunging back in and trusting this market than there were over the last few months, so the price action is real good considering that damper.

    I see it with all my small caps. Breakouts and "up moves" on lower volume AND down moves on lower volume.

    I'll take it! Fewer and more cautious buyers but even fewer sellers.

    No resistance till just under $13. Flag consolidation breakout. Going higher.

  • Google this post's title.

    Ev/ EBITDA. iteris is 11.4. Quit low. So that means the value of the enterprise divided by cash coming in.

    It's worth the time to understand the math behind this.The lower the better. Even MSFT and IBM,supposed cash cows aren't too much lower. GOOG is 16.96.

    Also keep in mind Book value is now $1.75 a share. So you have the best of both worlds.

    Iteris, for the time being, is using the cash flow to invest in big data software (over $400K last Q) that is part of the future in Intelligent transportation. Yet they intend to remain profitable according to last CC. So forget PE and look under the hood.IMO.

  • friendofthetrend by friendofthetrend Apr 16, 2014 7:34 PM Flag

    The target is the length of the flag pole preceding the flag consolidation , added to the point of breakout. That would put it at the all time highs. I'm not saying it WILL break out right away. But if it does, that's the immediate target.

  • friendofthetrend friendofthetrend Apr 16, 2014 7:21 PM Flag

    I would think that anything they have done up to now would be like having had one eye blindfolded and one arm tied behind the back, when compared to post OG2. Night and day. Whole new markets may open up.

  • friendofthetrend by friendofthetrend Apr 16, 2014 7:13 PM Flag

    It's been recently raised. Back in 7-2013 mean target was $5. It's been going up steadily.

  • friendofthetrend by friendofthetrend Apr 16, 2014 6:58 PM Flag

    Every long is a potential seller.

    There are 37,215 shares short. It's a small percent but if they all cover at once it could add a little spurt of jet fuel too any upside. Short volume is the lowest since 2-28-2014 but it's still near the all time high of 44,360, reported 3-14-2014. A convincing break above the 50 DMA at $11.02 will probably squeeze them all into covering (and buying).

    It's a really good barrier to eat through about now.

    It would put GTT into firm intermediate as well as long term bull territory and cause some, who are waiting for lower prices, to have to pile on.

    A good PR might help give a bit more ooomph!! to the buying.

    It's hard to build a short case if ER comes out when it was at $11 and here we are with the Dow way down and some recent panic selling in the markets and it's still pushing $11. If it's such a good short why aren't ERs bringing it down? That hasn't happened at all with GTT in years.

    The motif has been to run up to the next ER,then back off, then repeat.

    IMO.

  • friendofthetrend by friendofthetrend Apr 16, 2014 6:32 PM Flag

    1/29/2014
    Forbes:

    "Instead of a slow-moving fluffy white cloud image, the cloud computing industry should use a tornado – that might be a better way to visualize how fast cloud computing is growing today."

    4/16/2014
    GTT blog:

    "Regardless of line of business, the effective performance of cloud services can be severely limited by the quality of network connectivity. Cloud solutions are only as good as the network on which they are carried."

    *****
    Hopefully the sales team can start hitting and exceeding the organic growth projections. If they can exceed, the price targets may be raised. Again.

  • If you read the CC, transcript Brian Thompson says:

    if we move toward unified communications ....we move from several hundred million dollars of addressable market to many billion dollars. That’s critically important for both shareholders, for investors, as well as for the company itself to attack.

    In terms of expansion into additional cloud networking services, we....get inquir[ies] from our multinational clients, particularly multinational enterprise for unified communications, in addition to the broad portfolio of data networking services we have. ..It is something ...very consistent with our cloud networking portfolio, given the fact that traditional voice is a very easy data bit to put on the backbone of our global network. So that would be probably the second major area that will be looked at.

    ***
    UC, shelf registration,way bigger market, golden age of telecom

    IMO, GTT could leverage it's existing sales force to exploit cross selling synergies. GTT could gain a stronger foothold in certain geographical areas and gain perhaps thousands of subscription based customers leads.

    For a view of how the combined model might work check West IP Communication website.There are many smaller players in this area for M&A and it's fast growing.Top 7 players have 60% of market

    From West IP blog:

    This is, truly, a golden age of telecommunications.

    ...a new study that reports that the global UCaaS market will continue on its growth tear, increasing from $2.5B in 2013 to over $7.6B in 2018.

    ...many projections show the sales of UCaaS solutions continuing to grow at a 25%+ CAGR. IT teams supporting smaller to midsized organizations were early adopters because of the economics. But now, adoption is driven far more by how UCaaS can change an organization, to free it to pursue the best process solutions.

  • friendofthetrend by friendofthetrend Apr 11, 2014 6:51 PM Flag

    From Orbcomm web site
    OG2 Mission 1 Update: April 11, 2014
    A few weeks ago, Cape Canaveral Air Force Station’s Range Safety experienced an issue with a primary launch vehicle tracking radar, which delayed the SpaceX Cargo Resupply Services (CRS) Mission originally scheduled for March 30.

    Range Safety has resolved that issue and is prepared to support the SpaceX CRS Mission on April 14. Due to the recent delays with the CRS mission, our new target launch window is May 10-15.

    ***

  • friendofthetrend by friendofthetrend Apr 11, 2014 10:22 AM Flag

    When it fell through the 10DMA,the trajectory of that moving average was just unsustainable. It would have been $30 a share by 6-1-2014. So, next support was found at the 50DMA.

    That trajectory is more sustainable. Right about now it's aiming at $1.90 or so by 6-1-2014. Big difference.

    Actually you don't want too steep a trajectory, imo. It comes along with steep corrections. So the lower prices we've seen today help keep the angle lower. Buyers need an entry point they can feel comfortable with.

  • friendofthetrend by friendofthetrend Apr 11, 2014 9:33 AM Flag

    4/11/2014 @ 7:19AM

    Market watchers predict cloud spending will increase five to seven times, outpacing overall tech spending in the next three years. But cloud adoption will no longer be driven solely by the promise of lower IT costs.

    Companies are looking to invest in the cloud as their innovation platform as a way to achieve new processes and insights to be able to run their business in an entirely new way – not just to do the same old things using a different delivery model

    Platform matters
    Businesses will scrutinize big picture IT environments and drive simplification across all layers of the stack. “They will also look at broader cloud processes and expect these applications to look, perform and interact with each other seamlessly on a common cloud platform that unifies all their applications, data and business processes in a similar user experience.”

    ***

    I think GTT positioned for this. The CIO's they are talking with, more and more, are there to alter the very course and vision of the future for their companies- by utilizing the cloud. But to go forward, a good cloud service provider is essential to making that vision happen.

    Cost is important but it goes beyond that. Innovation is a new driver.

    The cloud apps and innovations are the gold. The "five to seven times" and "overpacing overall tech spending" is a form of gold rush. The shovels, picks and pans are the cloud networking. If you find gold or not- either way- you need the tools.But you better get going soon.

    So there might be some fear driving this too. If you don't have a vision, your competitor will. If you don't have a good cloud network provider, you could become a dinosaur.

    From what I read, for today's CIO, the role is changing. There's a sort of metanoia for CIOs. It's not just about a little network cost savings, keeping the lights on and network traffic happening. It's a lot more.

  • friendofthetrend friendofthetrend Apr 10, 2014 7:24 PM Flag

    http://www.nasdaq.com/markets/most-active.aspx?exchange=AMEX

  • I guess $9's were a good time to buy.

    This tends to confirms that the market is just fine with the shelf registration.

    Markets must like the potential upside to the recently increased $16 target.

  • friendofthetrend friendofthetrend Apr 10, 2014 4:50 PM Flag

    Maybe GTT is fixin' to get into UC.*

    From last CC transcript:

    In terms of expansion into additional cloud networking services, we do get selective inquiry from our multinational clients, particularly multinational enterprise for unified communications[*], in addition to the broad portfolio of data networking services we have. So it is something we have selectively looked at. We do not offer it today, but it is something that we believe would be very consistent with our cloud networking portfolio, given the fact that traditional voice is a very easy data bit to put on the backbone of our global network. So that would be probably the second major area that will be looked at.

    ...if we move toward unified communications, those of you who understand what the industry is we’re in, will recognize we move from several hundred million dollars of addressable market to many billion dollars of opportunity for this company to play in. That’s critically important for both shareholders, for investors, as well as for the company itself to attack.

    *********************
    With an suite of business telecommunications solutions and a new sales team already in place, there could be substantial opportunities to expand revenue through cross-selling services to GTT's existing customer base.

    An acquisition might help them gain a foothold in certain markets and cross sell the IP backbone and cloud networking services..

    This is a good growth market. Cloud hosted, unified communications. The customer gets to save on CapX. Seems a good fit, as long as it's well aligned with their core competencies, though.

  • Reply to

    GTT model,IMO

    by friendofthetrend Apr 6, 2014 1:34 PM
    friendofthetrend friendofthetrend Apr 9, 2014 7:34 PM Flag

    What is a backbone?

    In June 2011 GTT acquired PacketExchange, a privately held UK company and operator of a global backbone providing IP transit and MPLS transport services, for $20 million in cash.[4]

    In May 2012 GTT acquired nLayer Communications, a privately held global IP backbone, for $18 million. nLayer founder Richard Steenbergen joined GTT as CTO.[5]

    In April 2013 GTT acquired the IP network Tinet from Inteliquent, for $54.5 million in cash and services.[6]
    There are a number of examples of backbone networks in use today. One of the most common has to do with providing an infrastructure that allows the individual networks that exist at a corporate headquarters and a series of satellite locations to function both independently and interdependently. For example, this type of network backbone would make it possible for sales offices scattered around a nation or even around the world to share data among themselves and with the corporate sales office, making it easier to coordinate efforts. A similar approach is often used on college campuses today, making it possible for local networks functioning in each of the buildings to interconnect with a central system and share data across the interconnected network.

    Most backbone networks make use of a wide range of communication strategies in order to create the connections and move data back and forth. Both wired and wireless components may be involved in the process, with some locations making use of an Ethernet connection while remote locations with limited connection options may make use of slower telephone connections on a dial-up basis. It is not unusual for backbone networks to also include secondary connection options that can be used when and as there is a need. For example, an employee who is traveling for the business may be able to still access the backbone using one of the connection process, even if all he or she has access to is a telephone line at a hotel.

    It is important to distinguish backbone networks from an Internet backbone. While an internal backbone may provide ways to remotely access the networks by using the Internet, those interconnected networks within companies are still closed unless the proper credential are used to gain entrance. Architects of the backbone network can structure the communication process so that the means of entry are limited, meaning that even if an employee has access to a couple of networks connected to th

  • Reply to

    GTT model,IMO

    by friendofthetrend Apr 6, 2014 1:34 PM
    friendofthetrend friendofthetrend Apr 9, 2014 7:26 PM Flag

    Having the right network for the times seems to be about savings and scalability / flexibilty needed to meet fluctuating bandwidth requirements.

    MPLS and hybrid is use d by GTT

    More technical explanations follow below.
    *****

    This article is from Juniper networks white paper,EVOLVING BACKBONE
    NETWORKS WITH AN MPLS SUPERCORE :

    Juniper’s modeling shows savings ranging from 40-65% depending on traffic characteristics such as flow size, peak-to-average ratios, and simultaneous traffic peak occurrences. These factors impact the decision on whether to keep traffic in the MPLS domain or move it to the OTN or optical domain.

    From a technological point of view, the core network infrastructure must be flexible enough to accommodate changes in traffic characteristics. This will be a critical capability as traffic patterns in the core of the network change due to a number of factors—new applications, data center consolidation, cloud computing, and of course the rise of mobile and video content.

    ***
    Think about the last two sentences.

    "must be flexible" ...especially if there happens to be...
    "cloud computing and rise of mobile and video content".

    Well, from what I read there happens to be a lot cloud computing coming and a lot of mobile and video. Maybe this is why GTT is positioned with a network that has "critical capability" and "flexibility". .

    They are not the only one to use this type of network. But the churn rates look very good. There has to be a reasons for that. Maybe it just works good and at a good price with good service.

    Also the technical guy at GTT that keeps things up and running, Richard Steenbergen, is somewhat of a Wizard and legend.

DAEG
1.250.00(0.00%)Apr 22 4:00 PMEDT

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