Posts Tagged ‘technology’

CTLI, SHNL jump, CPMCF dips

Monday, November 8th, 2010

Compress Technologies Inc. (Pink Sheets: CTLI) achieved a new 52-week trading high late Monday afternoon by gaining 1,233.33 percent to $2.00, on a modest 2,000 shares. Compress Technologies, Inc., is a Pompano Beach, Florida-area technology based company, which has acquired VMSK Technology as well as the rights to Nano Technology, MSB, 3PRK and other technologies.

Shentang International, Inc. (SHNL.OB) leaped 600 percent Monday afternoon to 3.5 cents, on volume of 28,500. The stock’s 52-week trading range runs from half a cent to $2.525. The Chinese-based Shengtang engages in design, source for production and sale of glass products, which are used as festival gifts, home decorations and craftworks

Coastal Pacific Mining Corp. (CPMCF.OB) plummeted 38.67 percent in price to 19 cents in Monday trading, on volume of 50.15 million shares. The stock’s 52-week trading range has peaked around 82 cents. The Calgary-based miner announced it has completed $1,000,000 of a $2,000,000 private financing for operations and exploration of its properties. 

HTM shows its power, INS proves brainy, SPDR flies off shelves, DPW down

Monday, November 8th, 2010

U.S. Geothermal Inc. (AMEX: HTM) leaped 22.73 percent to $1.35, on volume of 1,986,007 shares, or nearly 10 times its daily average. The Boise, Idaho company has scheduled a conference call for Tuesday, to discuss second-quarter financials. U.S. Geothermal Inc., a renewable energy company focused on the production of electricity from geothermal energy, owns and operates geothermal power plants at Raft River, Idaho and San Emidio, Nevada, and is developing the Neal Hot Springs project in Oregon.

Intelligent Systems Corporation (AMEX: INS) went skyward 50.93 percent to $1.60 in early afternoon trading Monday.  INS share volume surpassed 13,650 shares, dwarfing its three-month daily average of 1,267. INS, based in Norcross, Georgia, for 30 years, has identified, created, operated and grown early stage technology companies.

SPDR S&P 500 (NYSEArca: SPY) led AMEX volume stocks early Monday afternoon by trading in 81,826,044 shares. Daily three-month average is 194,042,000 shares. The index-based issue lost some traction, though, faltering in price 0.18 percent to $122.50.

Digital Power Corporation (AMEX: DPW) gave back 11.28 percent in price in early afternoon trading Monday to $1.73. Volume quadrupled its three-month daily average at124,392 shares. The company, based in Fremont, Calif., last week reported third-quarter revenues increased by 87 percent to $3,186,000, compared to $1,708,000 for the quarter ended September 30, 2009. Net income was $303,000 for the quarter ended September 30, 2010, compared to a net loss of $205,000 for the same quarter last year.

iRobot Corp. (IRBT) – Buzz Stock of the Day

Thursday, April 29th, 2010

Shares of robotics technology solutions provider, iRobot Corp. (Nasdaq: IRBT) were up as much as 30 percent from yesterday’s close in morning trading today after the company announced better-than-expected first quarter results.


First quarter profit increased to $6 million, from a loss of $2 million in the same period a year ago. Revenue increased 67 percent to $95 million, from $57 million in the same period a year ago.

Analysts polled by Thomson Reuters on average expected the company to earn 4 cents per share on revenue of $83.8 million.

The company said its international home robot revenue more than doubled to $37 million during the quarter, and its government and industrial robot revenue rose 76 percent.

“As a result of outstanding performance by both divisions in the first quarter and good visibility on the rest of 2010, we are increasing our full-year financial expectations,” said chairman and CEO, Colin Angle in a statement.

iRobot anticipates earning between 6 cents to 8 cents per share for the second quarter and 35 cent to 40 cents per share for the full year. Analysts expected the company to post a loss of 4 cents per share for the second quarter and a profit of 23 cents per share for the year.

With $62.9 million in cash and equivalents, and only $3.9 million in long-term debt, the company has also begun to look at opportunities to grow by acquisition, according to CFO, John Leahy. “M&A has moved up the priority list in terms of things we’re spending time on,” he said. However, he added that due to its optimistic view on its own potential for organic growth, the company plans to be “very cautious” in its evaluation of potential acquisition targets.

Click here to join the chatter about IRBT on the company’s official Buzz Stock Board.

Zanett, Inc.(ZANE) – Buzz Stock of the Day

Tuesday, April 6th, 2010

Shares of leading IT consulting company, Zanett, Inc. (Nasdaq: ZANE) soared more than 100 percent from yesterday’s close after the company announced it set an in-house corporate record for contracts signed in a single quarter since the company was founded more than a decade ago.

For the first three months of 2010, Zanett closed more than $17 million in new business from 57 customers.
Volume topped 10 million shares, compared to the 50-day average daily volume of 1.14 million, according to the Nasdaq.
“Throughout the US, corporations are currently hesitant about hiring individuals, due to unknown and unfunded mandates from Washington DC, so they are spending their money on increased capital expenditures,” said Dennis Harkins, President of Zanett. “For any corporation out there , Oracle ERP and other IT spending are a natural beneficiary of a reduction in labor force. Here at Zanett, we have a great national sales force, and they can barely keep up with the demand they see.”



Netlist, Inc. (Nasdaq: NLST) Buzz Stock of the Day

Monday, November 16th, 2009


Shares of Netlist, Inc. (Nasdaq: NLST) were up as much as 53 percent in morning trading Monday after the company said it will introduce HyperCloud, the first 16-gigabyte, 2 vRank memory module for computer servers at the Supercomputing 2009 conference. According to Nasdaq, the 50-day average daily volume for Netlist is 368,000, on Monday, the volume reached 14,751,125.

The Irvine, California-based designer, manufacturer and retailer of memory subsystems primarily for the server, high-performance computing and communications markets, will be demonstrating the world’s first 16GB 2 virtual rank (vRank) double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud(TM) at the Supercomputing trade-show, taking place in Portland, Oregon during November 17-19, 2009.

Netlist will also showcase the interoperability of HyperCloud memory with standard JEDEC server memory solutions on popular enterprise servers. This demonstration reinforces HyperCloud’s ability to function as a standard RDIMM while increasing memory bandwidth and capacity for datacenter servers.

“This technology maximizes server utilization with a simple plug-and-play memory module,” said Paul Duran, director of business development at Netlist. “HyperCloud enables high-performance cloud computing while reducing datacenter costs and increasing application performance.”

To showcase its 2-vRank HyperCloud modules, Netlist is using industry standard servers, such as the HP ProLiant DL380, demonstrated in the following configurations: 8GB and 16GB 2 vRank DDR3 RDIMM functionality, Three 2 vRank modules per channel, 1333 Mega Transfers per second (MT/s), Interoperability with standard JEDEC DDR3 modules, Interoperability with different RDIMM capacities.

“Customers running memory intensive computing environments, such as virtualization, cloud computing, and HPC applications, are often limited by memory bottlenecks in their servers,” said Mike Gill, vice president, Industry Standard Servers Platform Engineering at HP. “The Netlist technology on HP industry-standard servers increases server memory capacity and bandwidth to enhance application performance in converged infrastructures.”

Netlist was founded in 2000 and is headquartered in Irvine, California with manufacturing facilities in Suzhou, People’s Republic of China. The Company’s memory subsystems are developed for applications in which high-speed, high-capacity memory, enhanced functionality, small form factor, and heat dissipation are key requirements. These applications include tower-servers, rack-mounted servers, blade servers, high-performance computing clusters, engineering workstations, and telecommunication equipment.