magicJack VocalTec Ltd. Message Board

I went in to by Q10 knowing it wasn't available yet....the sales person literally tried to talk me out of it and said BB is dead...DEAD..he pushed Samsung and Verizon and said Z10 ain't selling as it sat in the corner of the store
I was shocked....
Only chance is buy out......

It could go up but it also could go back to 12 or lower...sometimes, I just don't get people who don't understand the risk reward profile

the world is not that secure...multiple now too high

and a100% run up..now the street will say...show me earnings...silly chasers

“There’s opportunity that we see to build shareholder value,” Vento said in an April 5 phone interview from West Palm Beach, Florida. “If that includes making more buybacks under the existing program or going to the board, that’s all stuff that can be on the table.”
The company, based in Netanya, Israel, has $11.9 million left from last year’s share buyback program and its stock is “undervalued,” said Vento, who succeeded Daniel Borislow as CEO Jan. 1. MagicJack posted an annual operating profit on April 2, the first since its 1996 listing. Net revenue, which the company defines as net of returns and allowances, rose 43 percent.
MagicJack boosted stock buybacks by $23.7 million to $55.9 million in 2012, Kari Hernandez, president of Ink-PR, which represents MagicJack, said by e-mail yesterday. Free cash flow, after funding the share repurchases, was $65 million last year,the company’s highest ever, according to data compiled by Bloomberg.
Short Interest
MagicJack shares have slumped 40 percent from a September high and 59 percent of its tradeable stock was sold short by investors as of the March 15 settlement date. That’s the highest short interest percentage among all companies on the Nasdaq Composite Index, data compiled by Bloomberg show.
“We had a very good year by any measurement,” CEO Vento said. “But by any measurement, we’re undervalued. And it will be our responsibility to continue to report accurately and consistently, and with greater transparency, and hopefully we’ll be rewarded for that.”

195M share O/S vs 130M share O/S in 2006
Earnings of 5.50 a share in 2006 vs notta today..

to by this stock here is to believe that MBIA can regain its former glory as a growth play....I see no evidence of that...
Earnings will tank the stock on May 9th

at least until the Gap is filled and earnings are announced to understand if they are shutting down part of the business

they better get that split sactioned or this is a set up

With earnings expected to be good, PE absurdly low, new product coming out later this month and GS buying EBIX......hmmm

Another Copperfield groupie.....
11x operating income for CALL is a 33-35 dollar share price.....

Copperfield now completely discredited.....no reason for the share price not to be at 30 with audited financials....

going with virtual teeth

switches x box