Soon Apple Products Will Be Everywhere!

Set top box due out in early 2007

Breaking with Apple's tradition of not announcing unreleased products, Steve Jobs said that the company will release a wireless, set-top box for the TV called iTV. It will be approximately half the size of the Mac mini, and the iTV will feature Ethernet, 802.11g, USB ports, component video, optical audio, and HDMI ports. It will work with the Apple Remote and sport an interface much like that of Front Row.

iTV will allow music, TV shows, and movies residing on a computer to play on a television in another part of the house with what Jobs describes as instantaneous access. It is slated to ship during the first quarter of 2007 and will retail for $299.

"Apple is in your den now," says Jobs. "Apple is in your living room. Apple is in your car. Apple is in your pocket." Will Apple be in your wallet?

Also - look for exciting stuff as Macworld EXPO starts on January 8.

AAPL target $100+ in January in our opinion now that the cloud has lifted today with the scare of the options probe that was with out a doubt played out in the media by the shorts who needed to get apple's stock lower to cover at a profit!

We are BULLISH on AAPL. You should be too.

More Apple News

In a 10-K report filed with the Securities and Exchange Commission early Friday, Apple said it recorded $84 million in noncash expenses to account for backdated stock options.

The relatively small restatement was a BIG relief to investors, but their main cause for celebration centered around Jobs, whose future had been called into question as details of the stock option irregularities have come to light.

The filed statements with the U.S. Securities and Exchange Commission that took pains to exonerate Chief Executive Steve Jobs from wrongdoing in the company's handling of stock options from 1997 to 2002. A special committee appointed by Apple's board "found no misconduct by current management," the company said in a lengthy explanatory note attached to its yearend financial filing. That reiterated remarks made by Apple in October, and it was exactly what many investors and analysts wanted to hear. In early afternoon trading, Apple's shares got a 5% boost, to $84.93.

As upbeat as the tone was toward management, the documents nevertheless underscores concerns over the way Apple handled options, which were used by many companies in recent years to compensate employees, and have become the target of widespread investigation. The practice of backdating, or changing a grant date to artificially boost the value of the option, can skew results by understating compensation costs and overstating profit.

Apple said its own probe turned up "a number of grants for which grant dates were intentionally selected in order to obtain favorable exercise prices," and that Jobs was "aware or recommended the selection of some of the favorable grant dates." Jobs "did not receive or financially benefit from these grants or appreciate the accounting implications."

Al Gore, the former US Vice-President and chairman of the special board committee, and Jerome York, chairman of Apple’s audit and finance committee, said: “The board of directors is confident that the company has corrected the problems that led to the restatement and it has complete confidence in Steve Jobs and the senior management team.”

The company admitted that it had falsified records to show that a board meeting on October 19, 2001, had approved the awarding of 7.5 million stock options to Mr Jobs. In fact, no meeting took place on that day and the records were fabricated, the company said.

The market applauded the Apple report, however, and seemed to share the company’s view that Mr. Jobs had been exonerated as the shares surged more than 5 per cent by midday on Wall Street.

More Macworld Apple News

Click To Read Article

Macworld iPhone and iTV News

Click To Read Article
We think the hedge funds are deliberately pushing Apple stock down before the Macworld convention in early January. Buying on any dips could be a prudent move as most analysts have a $100 Target on AAPL stock!

Highland Capital Partners Battles With Appaloosa Management To Get Contol Of Delphi

Delphi goes through the roof today!!!

Apple Looks Oversold Here

See the chart. Stock is on the moving average line. We should bounce at any time!
Click here

Apple Is a Leading Top Retailer Per Sq. Ft.

Click For Apple News

Morgan Stanley's Ups Target On AAPL To $110 Up From $90

Apple expects 57,000,000 iPods to be sold in 2007.

Delphi Stock On The Move

UPDATE 1-China's Weichai Power eyes Delphi assets - exec

--------------------------------------------------------------------------------

Reuters U.S. Company News
08:53 a.m. 12/13/2006
By Fang Yan

SHANGHAI, Dec 13 (Reuters) - Chinese diesel engine maker Weichai Power Co. Ltd. is interested in buying assets of bankrupt U.S. auto parts maker Delphi Corp. (DPHIQ), Weichai's executive director said on Wednesday.

"We are interested in Delphi's assets as their technologies are the best in the industry," Xu Xinyu told Reuters on the sidelines of a business forum. "We might have some cross-border acquisitions next year."

A deal would give Weichai a foothold in North America, a market many Chinese auto makers and parts suppliers have been eyeing.

But any move by the Chinese company to acquire Delphi's component business could spur opposition from U.S. labour unions and politicians fearful of more job losses and the transfer of technologies to China, analysts say.

In an effort to slash costs and emerge from bankruptcy protection, Delphi, a former General Motors (GM) unit, said earlier this year that it aimed to sell or close by the end of 2007 non-core product lines.

Delphi said these could include brake and chassis systems, cockpits and instrument panels, door modules and latches, and steering and wheel bearings.

Xu did not say which assets his company is particularly interested in.

Hong Kong-listed Weichai, which competes with companies like Cummins Inc. (CMI) to supply engines to the world's second- largest auto market, had in September announced a plan to also list on the Shenzhen Stock Exchange, after privatising its unit Torch Automobile Group Co. Ltd.

IPhone Talk Boosts Apple Shares

AAPL Chart from Dec 15, 2005 Thru Jan 15, 2006

Will AAPL 's stock performance repeat itself again in late December through January?
See Last Year's Chart
RSI is at the 50 level and would not consider selling until we reach the "green" overbought area at the RSI 90 level.

Expect Volatility On This Options Expiration Week

Apple Stock Expected To Advance In Anticipation Of New Products That Are Expected To Be Announced Soon

Our guess is:

iPOD cell phones - a deal with Motorola or Nokia?
iTV products that will bridge the Internet with your TV or computer?
More iTunes music and new iTunes movie download services?

Prediction: Costco and Best Buys #1 Selling Items

The iPOD and iTunes gift cards!

Lesson #1: If you like the product and everyone is buying it (ie. iPODs)....BUY the stock.

AAPL IS OUR FAVORITE PICK

Short term target $93.

LT target $130 level or when notified or indicated as overbought on the RS chart at the 90 green level. Currently, we sit at the 55 level. See Chart

Peeling Off Some TIE and ATI - Buying AAPL On Recent Drop

iPods are flying off the shevles my friends. Strong iPod sales seen for kids, Mom, Dad and friends. Expect AAPL to break PAR or $100 by January.

Would be a buyer of TIE in the low $30 range if it gets there.

Merger Mania Alert

The hot titanium trio; Allegheny Tech (ATI +6%), RTI Int'l Metal (RTI +4%) and Titanium Metals (TIE +5%) saw more follow-through M&A-related buying from last week. This should continue throughout the week until more definitive news is eventually released. This sector is hot, hot, hot!

TIE Short Squeeze Rating

TIE has a HIGH short squeeze rating of 78. Get ready for the fuel to hit the fire!
Click for Short Squeeze Info 7,600,000 shares are short!

ATI has a LOW short squeeze rating of 13. Many sharts have already covered here when the stock shot from the mid- $70's to $93! Yikes!
Click for Short Squeeze Info

The chart on TIE looks like it did back on Oct 4 when it ran from $23 to $34, a 47% run in 16 days! We are now only 4 days into this run! Hang on. TIE Chart

TIE and ATI on a TEAR!

The shorts will be certain to get squeezed hard as TIE approaches $40 and ATI $100!!!

Titanium Metals (TIE) Looks Very Bullish Here

TIE Chart
The MACD line has turned BULLISH!

Titanium Stocks Are in Play - ATI, TIE, RTI

SAN FRANCISCO (MarketWatch) -- The tight circle of U.S. titanium producers became the latest in the metals sector to catch the merger bug, as shares of Allegheny Technologies Inc. and others jumped Wednesday on word from aluminum giant Alcan Inc. that it would consider a deal.

Allegheny Technologies (ATI) shares surged as high as 8% to a new 52-week high of $89.49. Titanium Metals Corp. (TIE) jumped as much as 7.9% to $30.48. RTI International Metals Inc. (RTI) was last up 5.9% at $75.79.

Spurring the rally were early-morning remarks by the head of Montreal-based Alcan (AL), the world's second-biggest maker of primary aluminum.

In response to a question about future acquisitions, Chief Executive Richard Evans named titanium as one metals sector where Alcan would consider a purchase. The lure: Alcan already supplies aluminum to the aerospace market, one of the main buyers of titanium.

"We would be interested" in a titanium company, said Evans, adding that he was "not sure that this is the right time to be looking at that kind of acquisition."

Jetmakers are increasingly using titanium to build aircraft, as they try to cut down weight and improve fuel efficiency.

In mid-October, Pittsburgh-based Allegheny Technologies said that it had signed a $2.5 billion contract with Boeing Co. (BA) to supply the aerospace giant with titanium products over the next eight years.

An Allegheny spokesman declined to comment on Evans' remarks.

If Alcan does pursue a titanium maker, it will be reviewing a short list.

Russia's VSMPO-Avisma holds the biggest share of the milled titanium market, with a 31% stake, according to Citigroup Investment Research.

No. 2 producer Titanium Metals has an 18% stake; Allegheny holds 16% and RTI controls 7%, Citigroup says. The other major producers are based in Japan or Central Asia.

Alcan has also toyed with expanding in other metals.

"Everybody knows that we took a look at Inco and Falconbridge ," said Evans, who pointed out that he was glad his company ultimately shied away from trying to buy the Canadian firms.

Both of the nickel makers were the target of competing bids that that left their initial would-be buyers empty-handed.

________________

Also - Allegheny Tech predicts strong specialty metals demand

--------------------------------------------------------------------------------

Reuters U.S. Company News
4:30 p.m. 11/29/2006


NEW YORK, Nov 29 (Reuters) - Allegheny Technologies (ATI) on Wednesday said it expects strong growth in the specialty metals sector, including titanium, driven by the build-up of global infrastructure.

Allegheny Chairman and Chief Executive Pat Hassey at a Bear Stearns conference said the "infrastructure built around the world in the global economy needs specialty metals."

Hassey also said the titanium business has come back, with companies boosting titanium production.

"We can very authoritatively say that as we view this market from 2005 on to 2009, we are putting in new capacity, moving up about 84 million pounds of mill products," said Hassey.

Titanium is used by aerospace and military markets.

Shares of Allegheny gained 7 percent, or $5.81, to $88.60. Shares of Titanium Metals (TIE) gained 7.7 percent, or $2.17, to $33.42. RTI International Metals (RTI) stock climbed 5 percent, or $3.56, to $75.16 on late trading in the New York Stock Exchange.

Delphi Chart

Click To See Chart

If the MACD chart crosses up we could see new highs very soon.

More On Delphi (DPHIQ)

Delphi said on Sept. 26 that 20,100 United Auto Workers members, representing 61 percent of its employees, accepted buyouts. The announcement suggested Delphi's restructuring may be achieved quicker than forecasted.

The stock should continue to lift soon. Hold on. If it breaks down sell.

Motorola Is On A Buying Rampage. Will They Eventually Buy Covad (DVW)?

Motorola is in a solid position to make several acquisitions. As of the end of the third quarter, the company had more than $3 billion in cash and cash equivalents.

Motorola To Buy Netopia For $208M, Or $7 A Share. Netopia counts among its customers AT&T Inc. (T), BellSouth Corp. (BLS), Covad Communications Group Inc. (DVW) and Swisscom AG (SCM).

Judge Extends Talks For Delphi, GM, and Unions

Click To Read The Story

We Are Bullish On Delphi - Here's Why....

Click To Read The Story

Buying With Both Hands On Delphi - Accumulate Now

David Tepper owns 52,000,000 shares of Delphi - DPHIQ or 9% of the stock and is sure to be seeking a seat on the board to turn the company back to a $4 - $6 stock in the near term.

1) See Link

2) See Link

3) See Link

When Delphi reaches their agreement with the UAW and GM to help with their mountaing losses and they emerge from bankruptcy a cleaner debt free company profits will soar and so will the stock.

Hang on.

GM Says Delphi Deal May Come Soon

In the meantime the sophistocated traders are hitting the bids in attempts to bring in more cheap shares before running the stock back up to new highs. This is called a "wash out" and hope it's only temporary. This is how the game is played. Delphi is probably a $4 - $6 stock longer term now that new contracts and debts are being erased and re-negotiated.

GM Close To Inking A Labor Deal With Delphi

Click to read the story

Delphi (DPHIQ) Continues To Run Like A Freight Train

Compared to Visteon - stock symbol VC...Delphi could trade back to the $8.00 level over the long term. After all, Delphi will emerge as a much cleaner company after emerging from bankruptcy and renegotiated UAW contracts at lower wages. We wouldn't be surprised to see someone step up and make an offer for this stock soon. It's just too cheap at these levels.

Today We Saw A Major Move On Coal Shares

Lawyers For Delphi And Unions Say Talks Are Progressing

Crude Oil Rises as Saudi Arabia Says OPEC Cuts May Increase

Apple Is Poised To Rocket On News of Earnings!

Apple Profit Up 27 Pct., Beating Estimates - Expect Short Covering!

Level 3 to buy Broadwing for $1.4 billion

Arch Coal (ACI) Is Running Strong!

Hoping to see the $40 - $50 level soon enough when the MACD breaks through as seen on the weekly chart.
See Chart

Looks similar to what happened to Broadwing!
See Similar Breakout Chart

Time To Load Up On More Coal - ACI

Still accumulating Apple Computer as well.

Arch Coal Announces Stock Buy Back - Stock Surges

Apple Looks Strong Here

Good back to school sales and Christmas is just around the corner. The chart shows a long term cup and handle formation from May through the end of August, indicating higher stock prices from here.

The FED ...

The FED will soon realize that their relentless series of rate hikes have slammed on the breakes of our economy. Spending is slowing and just about every 10th house in most neighborhood seem to be on the market for sale!

Economy Grows at a 2.9 Percent Pace

Core inflation at the producer level fell unexpectedly during July

Go Figure? FED Action Trips Us Up Again

The market has rallied on good earnings reports and the likelihood that the FED would stop raising rates. Well, the FED halts a series of 2 years of ever increasing rate hikes and the market sells off on the news! Now, Wall Street will tell us that because the FED has paused on the rate hikes, this is not good since the economy may be slowing! That is...rising inflation in a slowing economy.....stagflation they will call it! What next??

Trinity Industries Could Run From Here

Looking at the chart, we feel that Trinity Industries - TRN cound run through $40 from these levels. It has been on a Buy signal since $35 and looks solid as it continues to move higher.

TRN Chart

Telecoms Have Made A Good Run

Q, TWTC, And BWNG are positioning themselves to benefit from the upcoming high demands of media services with home and enterprise customers in the future. We are seeing a slight pullback after digesting the recent run ups, but expect that higher stock prices will follow quarter after quarter as profits continue to improve.

AT&T Leads the Telecom Stocks Higher

Finally, the telecom pendulum has started swinging up as investors look for defensive characteristics by investing in the telecom industry, so expect positioning in this industry in the coming weeks.

Stocks Soar as Value Buyers Step In

Today Was Options Expiration Day

Therefore, many good stocks were pushed down to make several options expire worthless today or for less money after the good spike we had in the market the other day. Here's hoping that we have a run in the market next week. We need it!

Bernanke: Interest Rate Hikes May Be Over

Ben Bernanke Signals That Two-Year Campaign of Raising Interest Rates May Be Coming to an End. What does this teach us. Well, when all looks lost the markets usually turn around. Shorts will be covering on this news and drive many of our stocks back up to higher levels.

Dow Shoots Up 100 Points After Bernanke Comments

Seems that Uncle Ben feels that inflation may be under control now. This is a good sign for the bulls.

Qwest, Time Warner Telecom, and Broadwing Fidelity Filings

What Does Fidelity Know?

Qwest Filing

Time Warner Telecom Filing

Broadwing Filing

Stock Charts

BWNG Stock Chart

Broadwing Update Per Company Call Today

- Fidelity Mid Cap Fund files 12.6% holding today on EDGAR
- Broadwing has proforma 1st qtr cash of $348.2 million in the bank.
- They are looking at a variety of acquisitions to add customers
- There are both internal and external candidates for CEO under review
- Company was $2.3 M adjusted EBITDA positive last quarter
- Company has evolved from an equipment company (Corvas) to a service provider
- They bought an asset from Cinncinati Bell that costed $5B to build for approx. $71 M
- They purchased Focal to broaden their services to small and medium customers
- In 2004 the company raised money with a Toxic convertible that was not a good deal and should not be confused with the recent good convertible that actually sold at a premium to the market price with a conversion price of $16.60 around May.
- The new convertible has a 20 yr life and interest is only paid in cash and Not stock as many short sellers or panic sellers may believe (this is where some confusion arises with panic sellers who remember the deal they did in 2004)
- Because of the Focal acquisition they were able to sign a deal with AOL recently
- Also, because of their partnerships with AOL, HTX and GLBC they will have the ability to sell their services to others more easily and more credibly
- Broadwing is following through as planned with their strategic plan to achieve higher margins
- The goal now is to drive more traffic to the network and adding customer density to achieve higher margins

Telecom and AG Stocks Poised To Lead The Markets

Fidelity Mid Cap Fund Positions itself with several telecom stocks that are doing very well ytd. Qwest, Time Warner Telecom, Broadwing and others. POT and others in this industry (MOS) are running as well!

Click here

The Market Needs A Catalyst To Move Higher

Broadwing Update

Here is what the street knows. The recent partnerships with AOL, Hutchison (HTX), and Global Crossing and the follow-on business from those relationships will be the catalyst that takes us back up to the mid to high teens for BWNG stock. The convert price on the recent fundraising debentures is $16.60. Also, Fidelity (FMR Corp), upped their stake to over 11% because in looking at the big picture, they see the high demand for greater bandwidth media services that Broadwing brings to the table on a global standpoint through its optical network and solid partnerships.

Analysts and fund managers know that BWNG is significantly undervalued, therefore we would be aggressive buyers at these levels.

High Bandwidth Is The Future For Triple Play Services

Service providers are looking to offer triple-play services, therefore it is imperative that they have a network that can handle the bandwidth required. Broadwing (Nasdaq - BWNG) has the #1 optical network that is suitable to carry out the high demands for future media services!

Read The Latest Info
More Interesting Reading

Also...FLORHAM PARK, N.J., June 6 /PRNewswire-FirstCall/ -- Global Crossing (Nasdaq: GLBC - News) announced today that it has more than quadrupled the capacity of its global IP network backbone to support the growing customer demand for bandwidth-intensive applications and converged IP services. It has implemented a core network architecture that has more than quadrupled its PoP-to-PoP core capacity capability to multiple 10-Gbps speeds, while providing a Terabit-capable hub that enables an on-demand migration path for speeds up to OC-768.

Several Telecom Deals In The Works

TOP NEWS:

Telcordia executive appointed to presidential advisory group
Jul 6, 2006 2:52 PM

China Telecom becomes Cisco’s new best friend
Jul 6, 2006 1:33 PM

Nokia to promote Wi-Fi portfolio on NYC parks
Jul 6, 2006 1:24 PM

EarthLink, Time Warner Cable extend access deal
Jul 6, 2006 1:06 PM

Motorola buys its way into Clearwire's network
Jul 6, 2006 12:11 PM

Intelsat, PanAmSat merger creates global leader
Jul 5, 2006 7:05 AM

News Links Found Here

Several Telecom Deals In The Works: Telcordia, Cisco, Motorola, Clearwire, China Telecom, Nokia

TOP NEWS:

Telcordia executive appointed to presidential advisory group
Jul 6, 2006 2:52 PM

China Telecom becomes Cisco’s new best friend
Jul 6, 2006 1:33 PM

Nokia to promote Wi-Fi portfolio on NYC parks
Jul 6, 2006 1:24 PM

EarthLink, Time Warner Cable extend access deal
Jul 6, 2006 1:06 PM

Motorola buys its way into Clearwire's network
Jul 6, 2006 12:11 PM

News Links Found Here

Broadwing Chart

BWNG Chart

Broadwing - BWNG Looking Very Bullish

Broadwing has been under fire lately, but many analysts and traders like Ralph Acampora of Knight Trading feel that the telecoms will lead the market in the coming months. We agree with this rationale and Broadwing should move up nicely with recent news regarding alliances with AOL, Hutchison Telecommunications in Hong Kong, and others.

Following the Lead from stocks like EEM, AMX and PEIX....we could very well see a 20% spike in the stock on short covering at almost any time. Short Squeeze Info

Another Telecom Merger Announced Today

Telecom Merger Announcement

PALM Gets Clocked In Wall Street Window Dressing Today

Window dressing is the term used because at the end of each quarter, mutual funds have to show what they are holding in their portfolios, and it seems that they do not want to show a lot of PALM in inventory today. This could all change in the next trading session and saw today as a good buying opportunity. We saw similar activity with UARM in March when it tanked below $30 and today traded over $43.

Google, Broadwing, and Global Crossing: Is There A Fit?

Google wants a fiber optic network to help with their bandwidth needs in the coming years, however if Google were to build its own global or national fiber network, the project would likely cost billions of dollars and take years to implement. Click For Archived Story

Market Maker Manipulation At Its Finest

If you are down on some of your holdings, you are not alone. Several stocks listed here and elsewhere (we feel) are worth substantially more than what the market makers are putting a price on today. Recent corporate earning are going through the roof and nobody seems to be listening. I guess in reality, no one is really willing to sit in a buy huge positions by sitting on the Bid in the face of the Fed's actions this Thursday.

Therefore, market makers generally sit on the bids and if they continually get hit, they drop and keep dropping. Eventually, someone will step in and put a stop to this sheer manipulation of share prices if good stocks get too absurdly low. Afterall, if you had to sell your house in a day or two, what price do you think you would get? Top dollar? Probably not. We are all waiting for the nonsense to stop and sensibility to return.

Carlos Slim Loses Out On Univision Takeover

Our guess is that in the past few months Carlos has been selling massive amounts of Global Crossing through one of his companies INMOBILIARIA CARSO S A DE C V to stockpile cash for a bid to take over Univision. Carlos Slim's investors on the Univision deal was Grupo Televisa SA. Today, the announcement of a consortium of investors including media mogul Haim Saban agreed to pay $12.3 B for the company.

GLBC Insider Trades

Will Carlos repurchase shares of Global Crossing now that he lost out on the Univision deal? On a good note STT CROSSING LTD stepped in on May 30 and purchased $124,522,800 worth of GLBC at $20.

Shorts Are Covering On Broadwing

Broadwing Short Position Decreases By 20% - Click

They slam the stock in the morning and buy throughout the day it appears.

Forbes Report Says Hedge Fund Interest In BWNG and GLBC

Forbes reported that the Wall Street Journal says that hedge funds may see an opportunity for buying into beaten down shares of Broadwing and Global Crossing.

Broadwing - BWNG Notes

Broadwing operates a one-of-a-kind all-optical network and is The Leading Optical Network with 1,630 employees. They have unparalled customer focus and speed. Their growth products are: data, IP, and broadband/media services. Demand for high bandwidth services are on the rise.

Key development: Hong Kong based Hutchison Global Communications has chosen to partner with BW due to their technologically advanced network and innovative services. Parent Company HTX Stock

After 9 consecutive quarters of growth in broadband and data services, the partnering with Hutchison Global Communications that is owned and operated by Hong Kong's richest family, Li Ka Shing, and with the ever increasing demand for data broadband services should prove to accelerate future earnings and market share. The BW/HGC joint establishment of a new inter-carrier international Ethernet network enables international customers to connect multipoint Ethernet services from locations served by HGC in Asia, its Asian partners and others, with multipoint circuits in the United States. Both BW and HSC have validated the high demand for this new Trans-Pacific Ethernet solution. Further, HGC owns the largest fibre-to-the building telecommunications network in Hong Kong.

Company achieved BE in EBITDA in the 4th Qtr.

Billionaire John de Mol buys 3,800,000 shares of BWNG. Who Is John de Mol?

Taken From Forbes...Market Sees The Light In Optics - Forbes.com

Hot money and telecom investment are finally flowing into fiber optics again.

Forbes Article On Fiber Optics

There is no question that we see Broadwing - BWNG as a solid core holding. Those who are lucky enough to be in on the ground floor should benefit nicely as the word gets out about the growth of this company and their partnering deals. We feel that the institutions have been accumulating shares quietly over the past few months.

Major Reversal Today On: BWNG, GLBC, TIE, ATI, And Others

Shorts are getting squeezed today!

More Insider Selling On VistaPrint

VPRT Insider Selling Report - Click

Insiders have No confidence that the stock will go up it seems??

VPRT Insider Planned Sales Filings

The Market Finally Rallies Almost 200 Points!

Be careful though because Friday is tripple witching as options are set to expire, so Friday will be extremely volatile. We suspect that the market might trade down.

We Are BEARISH On VistaPrint - Too Much Insider Selling

Insiders on VPRT seem to be selling almost every day or so and its still not clear why the CFO says that he is leaving the company. This looks like a major RED FLAG to us.

INSIDER SELLING REPORT

The Markets Fell For An 8th Straight Down Day Erasing All Stock Gains For The Year For The Dow

Government data on the core Producer Price Index for May showed costs rising slightly more than Wall Street had expected and retail sales rose just 0.1 percent in May, matching Wall Street expectations. Some investors kept their money on the sidelines before Wednesday's much-anticipated Consumer Price Index report for May for a clearer view on inflation. U.S. markets also felt pressure from a global equities sell-off.

From Standard & Poor's Equity Research Today

Technical Outlook

The major indexes are still trying to put in a short- to intermediate bottom, in our view. Each test has been successful thus far. While we think that the market is close to a tradable rally, the indexes are very close to near-term chart support and any meaningful break (greater than 1%) below the recent closing lows would imply further downside, in our opinion. Bond yields have been holding near 5%, while crude oil has been stuck in a fairly narrow range.

Market sentiment remains fairly cautious, which should be a plus once it starts to move back to the bullish side. Overall put/call ratios remain extremely high, equity-only put/call ratios are starting to rise, while OEX put/call ratios dropped sharply and are approaching bullish territory. Both overall and equity-only put/calls are contrary indicators; OEX is a coincident indicator.

Longer-Term Economic Outlook

Incoming data continues to suggest that the economy is slowing, but inflation remains a threat. The evidence this month generally supports a pause at the June 28-29 meeting of the FOMC, in our opinion, but a renewal of tightening is possible if either the economy reaccelerates or inflation rises more rapidly than we expect.

Bernanke's June 5 speech stressed the need to control inflationary expectations, but also pointed out the slowing U.S. economy. We think this is still consistent with a pause at the June 28-29 FOMC meeting.

Thanks To Uncle Ben

The markets are acting like we just got 2 more rate hikes. When the market sentiment looks really bad, it can only mean that we are nearing a bottom and a rally is imminent. One has to believe that much of the bad news has been built in to the markets already. Any positive notes could send the markets surging to recoup the last 7 day losses.

We Are Pounding The Table On Broadwing At These Levels

Broadwing - BWNG is trading at very low levels in our opinion with a value of around $900 million for a company that currently owns an estimated $5.5B fiber optic network and strong global partnerships. They have over $350 million in cash and a LOC to draw from and have yet to disclose what the money is to be used for.

Our guess is that a Buyout is still imminent from the likes of someone like Global Crossing - GLBC or another company interested in expanding their optical reach. News of a CEO has to be forthcoming as well unless they are acquired soon and a company like Global Crossing will use their CEO if and when acquired.

This company is far too cheap to be trading below $10.25 in our opinion. Something must be in the works. Last time we checked, we were still in a mini-telcom merger mania environment, so we are very optimistic that Broadwing will turn back to the upside without any notice.

Many 200 Day Index Lines Held This Week

While many 200-day index lines held this week for several market indexes, longer-term momentum still appears to be to the downside. That's pretty much the case with stock markets around the world it seems.

Rails and metals are dropping, and they were our leaders in the first quarter of the year. No real industry is standing out as a leader now! The trouble is that investors don't know where to put their money now. Real estate has topped too!

It would be prudent to look for any 3 day runs to exit stock positions and wait out the market for better days since there is just too much skepticism abound. At least wait until we see some improvement and positive news from the FED. When the markets get rediculously oversold, then leg back in.

House Backs Telecom Bill

Click For The News

Expect A Rally Next Week

This sell off can't continue.

Washington See Economy Growing Despite The Market Sell Off

Economy News - Click

Indexes World Wide Have Broken Through Their 200 Day Moving Averages

The closing of the DJIA today and tomorrow will tell us where we stand.

Telecom Index Chart

Click For Chart

Pacific Ethanol Surges On Buy Recommendation

PEIX News - Click

The Buy target given is $34.00.

Broadwing GLOBALCOMM News

Globalcomm: Broadwing Beefs Up Global, Video Offers - Click

Broadwing - BWNG News

Broadwing Communications Deploys Acme Packet for Service Provider and Enterprise VoIP Services - Click

Coincidence? Jim Cramer - CNBC Connection With Driehaus Capital Management LLC?

In reviewing the holdings of this fund manager, it seems like there are a lot of similarities between the stocks that are recommended by Jim Cramer of CNBC's Mad Money and the holdings of Driehaus Capital Management LLC. Coincidence?

Click To See Driehaus Capital Management LLC Holdings

The MACD Line Has Crossed Up On BWNG - BULLISH

Daily Broadwing Chart - Click

Will the next move up be 57%, 67% or 77%??? See the weekly chart!

Weekly Chart On Broadwing - Click

Ethanol News - Big Three Meeting Set For Today

Wall Street Journal - Re-Post From Laura Meckler

The chiefs of the big, unionized companies—General Motors, Ford Motor and DaimlerChrysler’s Chrysler Group—still plan to meet with congressional leaders on Friday, where they will lobby for support for ethanol and other biofuels—an alternative energy source where U.S. companies lead the way. Support is growing on Capitol Hill for investment in these fuels as an alternative to dependence on foreign oil. Four meetings are planned Thursday, with Republican and Democratic leaders in the House and the Senate.

U.S. auto makers have already produced millions of these flexible fuel cars, mostly because these autos help them to meet fuel economy standards. And the auto chiefs will pledge to produce more in the coming years. But, as is, few of these vehicles actually do run on alternative fuels because few gas stations carry it, and Detroit will be looking for help in growing the ethanol infrastructure.

With gas prices topping $3 a gallon in much of the country, energy policy is hot in D.C. But it’s not at the top of the agenda. Thursday’s White House meeting was postponed because Bush plans a trip to Yuma, Ariz., where he will discuss border security and immigration. – Laura Meckler

Thankfully - The Short Term Trend Up Continues

There is no question that the short-term trend is strengthening from the weakness that we saw in early last week. The good news is that just about every market index has bounced off their 200-day moving averages.

From Merrill Lynch Research - Telecom Mergers

Merrill Lynch Sees More Telecom Mergers In The Works - Click

BWNG MOVING UP AS EXPECTED - THE MACD LINE IS ALMOST BREAKING THROUGH TO THE UPSIDE

See Broadwing Chart - Click

Paul Tudor Jones' Firm Buys 919,000 BWNG!

Hedge Fund Manager Paul Tudor Jones II firm shows up on our radar as a new Buyer of BWNG. Paul is an icon Wall Street investor and commodities trader.

Paul Tudor Jones II is Forbes #133 Richest Man - Click

Tudor Investment Firm - Click

Institutional Buying Increases - Click

SHORT SQUEEZE ALERT ON BWNG

SHORT SQUEEZE INFO - Click

There is over 8,450,000 shares short.

It would take 3 Days to cover.

The market cap is $990 Million, however it would cost over $5 Billion to re-build their already existing fiber optic network!

Insiders own 15%. Institutions own 48% up from 22% a few months ago!

The company is at BE EBITDA as well.

$20 near term is certainly doable.

BWNG Technical Chart

BWNG Weekly Chart

UARM and BWNG Similarities

Our old coverage of Under Armour several months back looks like BWNG today. One day it just turned up and it keeps going. Currently, UARM is up 17% from a terrible March. BWNG has had a terrible May similar to UARM's March! (Now keep in mind that this is where institutions are accumulating BWNG...right now!)

UARM Chart

BWNG: To Present At GLOBALCOMM 2006 June 4 - 8 In Chicago

GLOBALCOMM 2006 - Click Here

BWNG: To Present At SG Cowan & Company Conference Today

Market Activity Today

U.S. stocks had their biggest decline in two weeks, probably making May the worst month in three years, after consumer confidence declined, oil prices rose and Wal-Mart Stores Inc. struggled to meet its sales forecast.

Today's biggest losses came in the Nasdaq and Small Cap stocks as well as basic materials stocks. Emerging markets lost another 4.0% on average. This shows that investors are still selling their riskier holdings and moving some money to the sidelines.

Carlos Slim's American Movil - Triggers A BUY Signal!

Who Is Carlos Slim Helu? Ranked #3 Richest Man In The World - $30 Billionaire

AMX Chart

Covad - DVW Is Running Today

The MACD technicals look very bullish today.

Broadwing - BWNG To Present At The Cowen & Co. 34th Annual Technology Conference

BWNG NEWS AFTER THE CLOSE

Pacific Ethanol - PEIX Looks Very Bullish!

PEIX completed its 38.2% Fibonacci retracement from the high of $44, and continues to climb over the last few days.

What is a Fibonacci Retracement? - Click

Keep in mind, as oil moves higher so will PEIX and the need for more alternative fuels. Also, June 2nd should give PEIX a shot in the arm after Bush meets with the automakers and big oil to encourage everyone to use more ethanol.

Once PEIX hits $35, there is a very good chance that the stock will continue to regain some unwarranted lost ground and may acceletate back up to the $40 level.

Pacific Ethanol Chart

Hoping For A Pre-Memorial Day Holiday Rally Into Friday

iShares Emerging Markets EEM Index Tests Support

iShares MSCI Emerg Mkts Index Chart - Click Here

EEM Index Performance - Click

We Added Pacific Ethanol - PEIX Today

Pacific Ethanol Chart - Click Here

Keep An Eye On Titanium Prices Overseas

SUMITOMO TITANIUM CORP (TYO) CHART

Allegheny Technology - ATI

What is driving their success?

Infrastructure Building Around The World
1 Out of Every $ Dollar is Overseas
There Is a Major Shortage of Titanium Now World Wide
ATI Is A Major Supplier Of High Value Metals
45% of Their Business Is For Spare Parts For Major Engine Builders

AOL and Covad in High Speed Offering - Covad Higher Today

Merriman Curran Ford analyst has a $3.50 target on Covad.

Allegheny Tech - ATI Was Upgraded To Outperform At Bear Stearns

Bear Stearns Price Target = $80.00.

Three Stocks We Love To Own Now!

1) Broadwing - BWNG

2) Allegheny Technologies - ATI

3) Covad - DVW

Today gave us a major buying opportunity as traders washed out many small investors who capitulated early this morning. These stocks are in the oversold area waiting for a major bounce!

Yes - A bounce is due and we should run for a few days straight!

Be good.

Allegheny Technologies CEO Pat Hassey to Speak at Investor Conference

Allegheny Technologies - ATI announced that L. Patrick Hassey, Chairman, President, and Chief Executive Officer, will speak at the FTN Midwest Securities Corp. Specialty Aerospace Metals and Materials Conference on May 23, 2006. Mr. Hassey's remarks and presentation slides will be available at 12:50 p.m. on May 23, 2006 on ATI's website www.alleghenytechnologies.com under the Investor tab.

Covad - DVW Reversal Today - Stock Up 10%

Covad Chart - Click Here

NASDAQ INDEX Chart

NASDAQ Chart - Click to view

Market Appears To Be Oversold

The market is experiencing a short-term oversold condition as suggested by a high put-call ratio. This should lead to a short-term market bounce in the near term.

Patience Will Pay Off With BWNG

A Buy signal was confirmed today at $12.17 and the stock will continue to be rated a Buy as long as we close above this benchmark. Shorts should cover the positions immediately to avoid losses. Broadwing is now ready for a Bullish move up.

Merriman Curran Ford Reiterates A Buy On BWNG - Target $18.50

Today should indicate a Technical Buy if the stock stays up at the close over yesterday's close. Short sellers should consider covering their positions immediately if the market confirms this BUY signal.

AOL Launches Free Local Phone Service - Broadwing Is The VoIP Service Provider

Click here to read the story

More Detailed News

AOL is also offering a free local telephone number, which a subscriber can choose to keep even when they move to another city, and voicemail that's accessible through the PC. Subscribers can also receive and send text messages to mobile phones.

The paid service, called AIM Phoneline Unlimited, is expected to cost $9.95 a month for a limited time. Beyond the intro period, the service would cost $14.95 a month. AOL believes the paid service would be attractive to home and small businesses, particularly people selling on EBay Inc. or doing some other form of e-commerce.

AOL Phoneline would be available in the top 50 U.S. metropolitan areas, covering 80 percent of the nation's population, AOL said. Partner Broadwing Communications LLC would run the VoIP infrastructure.

Commodities Continue Correcting

High flying commodities have begun a correction stage that started the other day. Today confirms this more than last Friday. The Reuters/Jefferies CRB Index fell over 8 points (-2.3%) as 16 of the 19 commodities experienced selloffs. Most of the biggest losers we see are in the metals and energy markets which have experienced the biggest gains since the start of the year. Silver fell over -7% while gold fell 4%; aluminum and copper had losses of 2.9% and 3.7% respectively. Crude oil fell $2.50 (-2.4%) as other energy markets fell. With commodities under pressure, stocks tied to those commodities experienced heavy selling. Certainly, the day's weakest stock groups are in basic materials, precious metals, and energy.

Qwest to buy OnFiber Communications for $107 Million

Cowen & Co. Starts Covad At Outperform - DVW

Broadwing and OnFiber News - Repost

Could Broadwing be eyeing OnFiber as an acquisition candidate?

Broadwing and OnFiber Deal

Who is OnFiber? - Click

OnFiber's headquarters are also in Austin, Texas. Is this why Broadwing relocated to Austin? - Click

Market Summary - Inflationary Implications

There has been a lot of talk lately about the inflationary implications of the falling dollar, rising commodity prices, and rising interest rates. There is also a number of negative divergences in market breadth indicators. It certainly looks like all of those bearish influences have finally hit the stock market this week. A couple of bearish reports released today didn't help as well. Consumer confidence fell to a seven-month low and import prices rose to the highest level in seven months. The latter number just intensified fears of rising inflation. Now we're in the month of May which is traditionally the start of the weakest six months of the year. From a seasonal standpoint, this would be a logical time to expect some serious market selling. That's also true from a technical charting viewpoint.

A more serious sell signal would be given by an S&P 500 close beneath its mid-April low at 1280. The Nasdaq market has already broken its 200 day line support level.

Conservative investors might consider moving some money out of stocks and into a money market fund.

Top Insider Buying BWNG At $12.50

President of Sales and Marketing Buys BWNG at $12.50

Currently this insider holds 172,576 shares.

Broadwing Entered Into a Purchase Agreement

Broadwing Corporation (the "Company") entered into a Purchase Agreement (the "Purchase Agreement") dated as of May 9, 2006 with Jefferies & Co., Inc. and CIBC World Markets Corp. (collectively, the "Initial Purchasers"), relating to the private placement of $150,000,000 in aggregate principal amount of the Company's 3.125% Convertible Senior Debentures due 2026 (the "Debentures"). The Purchase Agreement contains customary representations and warranties of the parties and indemnification and contribution provisions whereby the Company, on the one hand, and the Initial Purchasers, on the other hand, have agreed to indemnify each other against certain liabilities.

The Debentures will be convertible into the Company's common stock at an initial fixed conversion rate of 60.2410 shares per $1,000 principal amount of Debentures (equivalent to an initial conversion price of approximately $16.60 per share, which represents a 25% premium based on a closing price of $13.28 per share on May 9, 2006), subject to adjustment in certain circumstances. In addition, the Debentures will accrue interest at a rate of 3.125% per annum payable semi-annually in cash. The net proceeds from the offering, after deducting the Initial Purchasers' discount and the estimated offering expenses payable by the Company, are approximately $145 million assuming no exercise of the Initial Purchasers' additional purchase option. The Company intends to use the net proceeds from the sale of the Debentures for general corporate purposes.

The Debentures will be redeemable at the Company's option on or after May 15, 2013, at a redemption price equal to 100% of the principal amount of the Debentures being redeemed plus accrued and unpaid interest and any liquidated damages, if any. The Debentures will be subject to repurchase at the option of holders on May 15, 2013, May 15, 2016 and May 15, 2021, and upon the occurrence of certain designated events at a repurchase price equal to 100% of the principal amount of the Debentures being repurchased plus accrued and unpaid interest and any liquidated damages, if any.

We Are Still Bullish On Broadwing Despite Selling Pressure - We Would Look For A Reversal After Investors Discover Why They Have Raised $300M

BWNG CHART

We Only See Upside From Here On BWNG

Expect the stock to move up a few points in the very near term. All of the pressure will be off of the company soon enough now that their $150M has been raised.

Also, we are still waiting for news about what Broadwing plans to do with their $300M war chest.
Reminder: The annual shareholder meeting is this Friday. Something's up!

Several Companies Rush To Raise Money - TWTC, BWNG, NFLX

In March, Time Warner Telecom (TWTC) said it launched a convertible debt offering of $200 million in senior notes due 2026, with an option for the underwriters the option to purchase up to $30 million more of the bonds to cover possible over-allotments. If you check your charts TWTC fell 5% to $14.11 in mid-day trading down from the previous day high of around $16.00. Within 5 trading days the stock rebounded from $14.11 to $18.73 or 32.7%.

The other day, out of nowhere, Netflix a debt free company announced that it was raising $100 million in a stock offering at $30.00. After the news, the stock fell to the $29.60 level and today shot up over $2.00 to $32.18 or 8.7% from the drop. Tomorrow it should continue its run.

We would expect the same activity from Broadwing in the next few days once we pass the initial shock of the company offering convertible debentures.

Given all that we know, Broadwing must be setting themselves up for a very juicy acquisition to continue to make the company more EBITDA profitable by reducing internal costs. Assuming a 50/50 cash to equity ratio, Broadwing's $300 million in liquidity post-deal would give them up to $600 million in acquisition buying power. So, looking at a best case scenario their leverage = $600 million in acquisition Enterprise Value (EV), 3.0x post-synergy EBITDA for the takeout. Theoretically, Broadwing's '07 EV/EBITDA multiple could fall from the current state of around 20.0x to a low of 6.0x. This would be very bullish. Stay tuned for more updates.

Rail Stock Are Still Running Strong

Don't forget to take some cash off the table.

Netflix - NFLX Upgraded by Cowen & Co from Neutral to Outperform

Scouring Through Our Research Even Cramer Says Buy, Buy, Buy

Monday May 8, 2006 Even Cramer says Buy, Buy, Buy and he has been on the opposite side of us on a few occasions where we have outlined some very good ideas for investors contrary to Cramer's picks and flip flopping. Today we are on the same side - both liking BWNG!

Also - Re-Posted from Cramer's Mad Money Show on CNBC, March 2006 - - - - - -

'UNDER THE RADAR'

LET'S GO IN THE WAYBACK MACHINE - 5 YEARS. BWNG HAD A VISION. IT WAS A VISION FOR AN ALL-OPTICAL NETWORK THAT COULD BE USED TO TRANSMIT VOICE AND DATA EVERYWHERE!

OH, WHAT DID THESE GUYS DO AT BWNG? THEY SPENT A FORTUNE BUILDING THE NETWORK. AND THEN, THE STOCK SOARED TO $1000 (REVERSE SPLIT ADJUSTED).

EVEN IF YOU'VE NEVER HEARD OF BWNG, YOU KNOW WHAT HAPPENED NEXT. NATURALLY, BWNG ALMOST WENT BANKRUPT BUILDING THE DARN THING. AND THE STOCK SANK ALL THE WAY TO $3 A SHARE.

JUST LOOK AT THIS CHART (5.5 YEAR CHART SHOWN), WILL YA? THAT IS A CHART OF HEARTBREAK; THAT IS A CHART OF HEAD CUT OFF; THAT IS A VERITABLE TRAIN WRECK!

OBVIOUSLY, WITH A CHART LIKE THAT, I'VE HATED THIS CO. FOR MANY YEARS. THEY WERE JUST BUILDING THIS NETWORK FOR YEARS, AND LEAKING MONEY ALL OVER THE PLACE. HOW COULD I, CRAMER, LIKE A STOCK LIKE THAT?

BUT, YOU KNOW WHAT? THINGS CHANGE; THINGS CAN GET BETTER. NOW, BWNG IS FINALLY FINISHED BUILDING THEIR OPTICAL NETWORK. IT'S UP AND RUNNING AND BWNG SHOULD HAVE POSITIVE CASH FLOW NEXT YEAR.

ALREADY, THE STOCK HAS $1.50 IN CASH PER SHARE, AND IT'S ONLY TRADING AT $9, GIVE OR TAKE, BUT NOBODY SEEMS TO NOTICE! EXCEPT FOR CRAMER.

BWNG IS FINALLY BREAKING OUT, AND THE ONLY PEOPLE WHO KNOW THAT ARE THE PEOPLE WHO WORK THERE, AND CRAMER!

EVEN THE WORST, MOST BROKEN CO., CAN STILL TURN ITSELF AROUND, AND YOU CAN CATCH THAT TURNAROUND, AS LONG AS YOU KNOW WHAT TO LOOK FOR.

I THINK BWNG IS NOW A HUGE BUY!! YOU CANNOT ALLOW YOURSELF TO BECOME INFLEXIBLE JUST BECAUSE THE STOCK CAME SCREAMIN' DOWN 1000 POINTS, AND THEN FLATLINED FOR A FEW YEARS. YOU BECOME INFLEXIBLE - YOU MISS OPPORTUNITIES, AND OPPORTUNITY IS WHAT THIS GAME IS ALL ABOUT.

I THINK YOU WANT SOME COLD, HARD EVIDENCE BEFORE YOU PRONOUNCE SOMETHING AS BROKEN AS THE BWNG, TO BE ALIVE AND KICKING.

THE POSITIVE CASH FLOW IS GOOD; CASH ON HAND IS GOOD. THAT'S FAR, FAR FROM ENOUGH. OKAY, SO THEY'RE DONE WITH THEIR OPTICAL NETWORK. YOU STILL NEED MORE THAN THAT BEFORE YOU PULL THE TRIGGER ON SOMETHING AS DECIMATED AS BWNG.

YOU CAN REALLY SEE THE TURNAROUND HAPPENING IN THE NUMBERS. FOR THE 4TH STRAIGHT QTR., BWNG IMPROVED THEIR CASH FLOW BURN RATE, SO THEY'RE EATING MUCH LESS MONEY. LAST QTR. WAS THE FIRST QTR. IN 5 YEARS WHERE THE EARNINGS BEFORE INTEREST, TAX AND DEPRECIATION (EBITDA), FIRST TIME THAT IT BROKE EVEN.

BWNG JUST MADE THEIR LAST CONVERTIBLE PAYMENT, AND NOW THE STOCK IS ALMOST DEBT-FREE.

IF YOU WANT TO KNOW WHY THE STOCK HAS ALREADY GONE FROM $4 BUCKS TO ALMOST $9 AND CHANGE IN THE PAST 10 MONTHS - ALL OF THAT GREAT STUFF IS WHY.

BUT I WASN'T GOING TO RECOMMEND BWNG BECAUSE THEY BURNED LESS CASH OVER 3 QTR.S. HEY, THAT'S DARNING WITH FAINT PRAISE. I NEEDED MORE WEIGHT BEHIND THE EVIDENCE BEFORE I WAS GOING TO PUT MY NECK OUT ON THE LINE.

BUT NOW THE NUMBERS ADD UP. WITH $1.50 IN CASH PER SHARE, THE CO. CAN GO THROUGH 10 QTRS. BURNING MONEY AT THE PRESENT RATE, BUT THEY'LL BE FREE CASH FLOW POSITIVE NEXT YEAR. SO IT LOOKS LIKE THEY'RE KIND OF SET WITH THE MOOLAH.

THEIR VOICE REVENUES ARE DOWN, BUT THEIR DATA AND BROADBAND GROUP GREW 15% LAST QTR. BWNG HAS BEEN SEEING INCREASED ENTERPRISE DEMAND FOR ITS PRODUCT BECAUSE THEY SPENT A FORTUNE BUILDING THIS BEST-IN-CLASS OPTICAL NETWORK. THEY ALMOST WENT UNDER BUT, PRETTY SOON, BWNG SHOULD BE GETTING OUT OF THE RED. THAT IS AMAZING; I CAN'T BELIEVE IT MYSELF.

THE BOTTOM LINE!: I THINK YOU SHOULD BE FLEXIBLE AND BUY SOME BWNG! AND I NEED YOU TO DO IT NOW BEFORE EVERYBODY ELSE STARTS YAPPING THEIR DARN FOOL HEADS OFF ABOUT THE TURNAROUND, AND YOU MISSED THE BOAT!

Something Is Definately In The Works At Broadwing - BWNG

Broadwing currently has $100 million in the bank, a $75 million line of credit and has just announced that it "plans to raise" another $125 million. They haven't done it. They just "plan" to do so they say. For what its worth, there were no details attached to this announcement either, so the only thing that you can read into this is that they have opened up the offering for bidding by institutions who may want more of what Broadwing has to offer its good investors. Since nothing is finalized, our feeling is that if Broadwing doesn't get the terms that they want, the offering could be cancelled. It is quite possible that the current shares could get bid up like we have seen in other recent offerings with TWTC and GLBC. Maybe this is their way of shaking out the small investors for all we know at this point before the shares move higher? What could they be up to? Dr. Huber the former CEO says that their fiber optic lines would cost over $5.5 billion to replace and those lines are currently valued at only $1 billion.

Also, keep in mind that the annual shareholder meeting is this Friday, May 12, 2006. They would be crazy not to announce something poistive by Thursday. Lastly, lets not forget that CIBC World Markets just gave the stock a BUY rating about a week ago with a target of $18.00. Are they underwriting the offering? We shall have to see what they have up their sleeves!

A funny coincidence, Netflix - NFLX also just announced that they were raising $100 million too and their stock (like BWNG) has trippled over the last year. They don't need the money either?

We will have to be patient and eventually investors will need to make some serious decisions, but not until the company tells its story on May 12 at the annual shareholders meeting.

We would expect an acquisition announcement soon to explain the use of their funds so that the company can further increase their EBITDA position.

BWNG - Affirmation Of Uptrend Confirmed Friday

If you are long BWNG, continue to hold this stock. You are in safe territory as long as the future prices continue to trade above the benchmark price around $13.80. The market is currently not safe for short-sellers at these levels. Avoid any future short sales and cover the short positions immediately if you have any. Our charts indicate a strong Runaway GAP breakout could occur at any time. We will monitor the trading activity and respond accordingly.

BWNG Bullish Charts

Technical Chart On Broadwing - BWNG

BWNG - Weekly Chart

Reprinted Notes Detailing Important Info About Broadwing - BWNG (BULLISH) Target $20 ST - $30 LT

March Conference Call Notes and Info about Broadwing - BWNG

Dr. David Huber is transitioning out as CEO and the hunt is on for a new Big Name Executive CEO to carry the "NEW" Broadwing (BW) to higher levels.

BW operates a one-of-a-kind all-optical network and is The Leading Optical Network with 1,630 employees. They have unparalled customer focus and speed. Their growth products are: data, IP, and broadband/media services. Demand for high bandwidth services are on the rise.

Key development: Hong Kong based Hutchison Global Communications has chosen to partner with BW due to their technologically advanced network and innovative services. Parent Company HTX Stock

After 9 consecutive quarters of growth in broadband and data services, the partnering with Hutchison Global Communications that is owned and operated by Hong Kong's richest family, Li Ka Shing, and with the ever increasing demand for data broadband services should prove to accelerate future earnings and market share. The BW/HGC joint establishment of a new inter-carrier international Ethernet network enables international customers to connect multipoint Ethernet services from locations served by HGC in Asia, its Asian partners and others, with multipoint circuits in the United States. Both BW and HSC have validated the high demand for this new Trans-Pacific Ethernet solution. Further, HGC owns the largest fibre-to-the building telecommunications network in Hong Kong.

Company achieved BE in EBITDA in the 4th Qtr.

There is no question that we see Broadwing - BWNG as a solid core holding. Those who are lucky enough to be in on the ground floor should benefit nicely as the word gets out about the growth of this company and their partnering deals. We feel that the institutions have been accumulating shares quietly over the past few months.

Railroad Stocks Are Running. Here Is That Expected Move On RAIL And ARII.

It might be prudent to take some off the table in the heat of the run that we are seeing today on the rail and coal stocks.

The Perfect Storm Brewing For Broadwing - BWNG (BULLISH)

Today CNBC mentioned BWNG as a potential telecom takeover target. So far we have seen a good year from what has amounted to a mini-boom in telecom M&A. There is no doubt that there have been several buyouts causing some telcom merger mania. Big telco companies are positioning themselves now into fiber optic to help with their high demand for media and broadband services and don't want to get left behind. Suitors: Verizon? AT&T? Comcast? Hutchison Telecommunications? Also, by not having a CEO to replace Dr. Huber makes BWNG a more appealing acquisition. The recent CIBC upgrade with a target of $18.00 doesn't hurt either.

We will have to wait and see.

BWNG Chart - Expecting A Breakout To The Upside Soon

Technical Chart On Broadwing - BWNG

TRN Earnings Should Boost RAIL Trinity Indus - TRN 1Q EPS 70c Vs 11c

Here's hoping that RAIL will reach the $75 level soon.

Oregon Steel Mills - OS 1Q EPS 93c Vs 79c

A solid company to follow.

BWNG - A Buying Opportunity

The stock is trading at the bottom end of an upward channel. Expecting an uptick within the next few days to higher levels.

Broadwing - BWNG 1Q Losses 26c/Shr Vs 62c

Broadwing Corp. (BWNG) Tuesday announced a first-quarter loss of $20 million, or 26 cents a share, narrower than its year-earlier loss of $43.5 million, or 62 cents, a year earlier, experiencing revenue growth and continued network cost improvements. Revenue rose to $224 million from $218. 3 million. Operating Loss Narrows 48%, Net Loss Narrows 54%, Year-Over-Year.

Click: EBITDA is definately improving.

BWNG - Bullish Looking At The 6 Month Daily Chart

BWNG looks to be trading in a "channel." Looking at a 6 month daily chart and drawing the top of the line by hitting points: Mar 6, Mar 20, and Apr 7 and then drawing the bottom of the chart by hitting points: Feb 28 and Apr 25 you should see that we are at the low end of the "channel" with a lot of upside to go.

Our Fibonacci Calculations Say $22 On BWNG...

Then a pullback to the $20 range thereafter.

We Are Eliminating Coverage On TWPG

More Merger Mania Helping Broadwing - BWNG

Level 3 paying $1.24 billion for TelCove. Its just a matter of time before something happens to BWNG. We will wait and see.

BWNG - Word On The Street - Bullish Signs

The word on the Street is that BWNG is still relatively cheap compared to their peer group and the company should be moving through positive EBITDA numbers soon enough and through 2007. This is why CIBC World Markets upgraded the stock this week to a BUY with a near term target of $18.00. Merriman Curhan Ford has a Buy with a target of $19.00.

Besides an improving EBITDA, the company will benefit from underlying macro trends that all fiber stocks should benefiting from lately, but overall, BWNG is a better pure play vs. RBOCs for example. Lets not forget the Hutchinson deal (symbol HTX) owned by the richest family in Hong Kong or the Forbes listed $2 Billionaire John de Mol that has been buying shares according to EDGAR filings (under the name of his firm Talpa) totaling over 3.8 million shares.

The Hutchinson deal, improving EBITDA, and Talpa investments are positive factors in owning this stock.

Other near term catalysts are: Pending news of the new CEO, $100,000,000 sitting in the bank for future acquisitions to expand their reach and further improve on their EBITDA, and high speculation about BWNG being a takeover candidate itself on the horizon.

The Motley Fool Loves VistaPrint

Read The Motley Fool Article Here

Research Report On Broadwing - BWNG

I spoke to the analyst that follows Broadwing and received their research report that was approved for distribution. For those who are interested in receiving it please email me at the email address listed below.

Their target price is $19.00 according to the report.

We feel that the stock will reach this level and move even higher due to:
New Management; More Solid Acquisitions; New Partnerships; Additional Wall Street Analyst Coverage; Increasing Institutional Ownership; Increasing Demand For Bandwidth; and Eventually Major Short Covering

VistaPrint - VPRT Forbes Article Released

VistaPrint Forbes Article

UBS Upgrades FreightCar America - RAIL To Buy From Neutral

Price target is raised to $78.00 and they are raising 2007 EPS
estimate to $7.10, from $6.00.

Covad Communications - DVW Jumps - Tops Q1 Estimates, Sees Q2 Sales In Line with Forecasts

FreightCar America - RAIL 1Q Net Jumps On 77% Sales Boost

FreightCar America (RAIL) says it earned a pro forma $1.67 per share in Q1, $0.29 better than Reuters Estimates consensus for $1.38. Sales were $292.8 million, above the Reuters Estimates consensus for $274.3 million.

VistaPrint 3rd Qtr Earnings: Conference Call Notes

This was an exciting qtr for VPRT;
They are still the biggest and fastest growing Internet printing company;
Rev up 66% over same qtr for prior year;
Rev outside US increased 30%;
Gross Margin increased 70%;
EPS 16c on a fully diluted basis;
Earnings exceeded expectations;
added 528,000 new customers;
Now 6.6 million customers;
They have the ability to acquire and keep customers;
Only their 3rd Qtr as a publicly traded company;
24 consecutive up qtrs in a row;
VPRT is not just a printing company;
They are revolutionizing the print and graphics industry....limitless designs and content;
High volume process averaging over 15,000 orders per day @ $30.00 avg order;
Gross margins (GM) at 60%- 65% are 2x - 3x times higher than their competitors;
Continuing to add new service products and selling through their 16 web sites;
Capacity utilization at 70% with new plant on line in Canada;
3.5 million viewers every month;
Their repeat rate continues to grow and conversion rate is increasing dramaticly;
New additional products coming out quarterly: stamps; not pads etc...;
Investing in new products, innovation, technology, staffing, software;
Expects decreasing operating expenses in the 4th qtr;
Will continue to invest to address a $19 Billion market opportunity world-wide;
Will be re-investing for years to come;
Expecting 4th qtr @ $43mill - $45 mill ;
Expecting GM to be 67% - 68%;
4th Qtr EPS should range from 13c - 14c per share;
Annual revenue growth of between 55% - 66% and see the trend to continue;
Operating income margins excluding charges associated with employee compensation to be approx 13% - 14%;
Their committed investment will further distance VistaPrint from their competitors.

VistaPrint - VPRT 3Q Rev $41.6M Vs $25.1M, + 66%

VistaPrint - VPRT 3Q EPS 12c Vs 3c

The Perfect Storm About To Hit With BWNG!

Get ready for the Perfect Storm with BWNG; analyst upgrades, earnings soon to be released, upcoming board meeting, institutional buying, and short covering. Next Stop $20.50.

CIBC World Markets Upgrades BWNG To Sector Outperform

Covad - DVW Moving Up Nicely This Week

Would start sell into a strong surge and buy back on dips.

Expecting RAIL to Follow CRS's Stock Pattern

Carpenter's earnings were released and the stock has popped as much as 20 points in the last few days. We would expect to see FreightCar America (RAIL) move up strongly too after their earnings is released on April 27. A 15% move up or $10 pop is likely. CRS Stock Chart

As you recall we called a similar play last week with Arch Coal - ACI and got the $10 pop that we were expecting! The stock actually shot up as much as 15 points!
ACI Stock Chart

Broadwing Update

Some of you followed us on ACI:

ACI has made a move from $84 to $101 since last Thursday.

ACI Squeeze Alert

We are betting that BWNG will follow suit and make a significant move to the $20.00 level soon.
BWNG Squeeze Alert

Broadwing - All Indicators Point to $30 By Summer

Last Conference Call Notes and Info about Broadwing - BWNG

Dr. David Huber is transitioning out as CEO and the hunt is on for a new Big Name Executive CEO to carry the "NEW" Broadwing (BW) to higher levels.

BW operates a one-of-a-kind all-optical network and is The Leading Optical Network with 1,630 employees. They have unparalled customer focus and speed. Their growth products are: data, IP, and broadband/media services. Demand for high bandwidth services are on the rise.

Key development: Hong Kong based Hutchison Global Communications has chosen to partner with BW due to their technologically advanced network and innovative services. Parent Company HTX Stock

After 9 consecutive quarters of growth in broadband and data services, the partnering with Hutchison Global Communications that is owned and operated by Hong Kong's richest family, Li Ka Shing, and with the ever increasing demand for data broadband services should prove to accelerate future earnings and market share. The BW/HGC joint establishment of a new inter-carrier international Ethernet network enables international customers to connect multipoint Ethernet services from locations served by HGC in Asia, its Asian partners and others, with multipoint circuits in the United States. Both BW and HSC have validated the high demand for this new Trans-Pacific Ethernet solution. Further, HGC owns the largest fibre-to-the building telecommunications network in Hong Kong.

Company achieved BE in EBITDA in the 4th Qtr.

There is no question that we see Broadwing - BWNG as a solid core holding. Those who are lucky enough to be in on the ground floor should benefit nicely as the word gets out about the growth of this company and their partnering deals. We feel that the institutions have been accumulating shares quietly over the past few months.

We also like the fact that Billionaire John de Mol a TV media mogul has picked off over 5% of the company's stock according to the latest filing on EDGAR Online (Talpa Beheer). Read About John de Mol

John de Mol EDGAR Filing on BWNG

Rolling Money From ACI Into BWNG

Arch Coal hit a NEW high today and we took some money off the table. ACI hit our +$10.00 target that we predicted 2 days ago.

Time to roll some profits into Broadwing (BWNG) at these levels. Broadwing has been quiet because they are in a quiet period with news expected out on May 2. After the last earnings call BWNG ran from $6.00 to over $16.00.

We think that BWNG could make a strong move up to $20.50 now that the option expiration games are done today, and also when the earnings news is digested by Wall Street brokerage firms in the coming weeks.

As Expected We Are Getting A Surge In Arch Coal - ACI; Here's Our $10.00 Point Move!

ACI is up over $10.00 this morning or 12%.

This Will Be Bullish For Broadwing - BWNG

Taken From Forbes...Market Sees The Light In Optics - Forbes.com

Hot money and telecom investment are finally flowing into fiber optics again.

Forbes Article On Fiber Optics

Crude Oil Prices Rise Above $73 a Barrel

This news will be very bullish for alternative fuel stocks like BTU and ACI.

Google's Earnings News Should Ignite The Market

Broadwing - BWNG Short Squeeze Alert

Looks like a great buying opportunity today on BWNG. The short position here should fuel the stock to the $20.50 level soon enough. Wait and see. All of our picks are strong so getting in on any dips may prove to be a prudent move.

Almost 6,900,000 shares short. How will they cover?

If ACI Follows BTU Yesterday And Today It Could Jump Another $10.00

The Rail Stocks Continue To Be Strong Here - RAIL, ARII

Broadwing - BWNG - Target $20.50 In May

Broadwing Corporation Earnings Conference Call (Q1 2006) Scheduled to start Tue, May 2, 2006, 10:30 am Eastern Time.

In studying the charts, the likelihood looks very good that the next leg up in this stock will be in the $20.50 range.

Coal Stocks Move Higher With Increasing Oil Prices

The rise of oil will push stocks like Peabody Energy and Arch Coal to higher levels.

VistaPrint - VPRT Feels Like It Wants To Break Loose Again

Despite the fact that we are already up $2.00 in the last few days, we are still hoping to see another $3.00 - $5.00 surge as we approach this quarters news release on earnings by the end of April.

Oil tops $70 a barrel and Gold hits a new 25-year high

SHORT SQUEEZE ALERT!

We Strongly agree with friends of VistaPrint on this Short Squeeze Alert!

Covad Gets $50M Credit Facility From Silicon Valley Bank - Symbol DVW

Dow Jones Real-Time News for InvestorsSM
4:55 p.m. 04/13/2006

Dow Jones Newswires

Covad Communication Group (DVW) obtained a two-year, $50 million senior secured revolving credit facility with Silicon Valley Bank.

The San Jose telecommunications company said the credit facility its available for general corporate purposes.

As part of the transaction, Covad redeemed its existing collateralized customer deposit liability with AT&T Inc. (T).

Covad also withdrew its unused universal shelf registration statement filed with the Securities and Exchange Commission in October.

Word On The Street Is That VistaPrint May Blow Away Their Numbers On The Next Earnings Release!

VPRT is running again. The stock finally breaks above the downward resistence line that started on March 21 triggering a technical "Buy" signal. Also, the float is very very tight and in solid hands and there are about 687,000 shares short! And, short buying and continued Institutional buying could fuel us up to the $35.00 - $37.00 level soon. We have seen this before on VPRT.

Lastly, VistaPrint is a favorite Internet pick for Goldman Sachs, a premier Wall Street firm in New York. Upgrades may be in the works.

VoIP To Reach $18 Billion By 2010

According to a new report by Juniper Research, the market for VoIP business services is set to reach $18 billion by 2010. This will bode well for investors in Covad Communications - Symbol DVW.

VoIP News Article

All Eyes Are On Oil These Days - Oil At $69 Per Barrel

Most of the OPEC members are already producing close to the limit and the group has missed its 28 million barrels per day output target every month this year, mainly because rebels have shut down a quarter of Nigeria's output.

Energy Prices Retreat - A Bullish Sign

Thankfully, oil and gas shares dropped Tuesday after initially showing strong gains as crude prices retreated from historically high levels. Notably, the Philadelphia Oil Service Index (OSX) suffered the greatest decline, losing 1.9% to 212.95 points. Also - the Amex Oil Index (XOI) fell 0.6% to 1,106.

The market sectors that sold off over the last two days and the investors who retreated into gold should come back strong as oil prices continue to drop.

High Oil Prices Should Boost Coal - ACI and BTU

Sector Sell Offs Due To Oil And Gas Fears

Stocks are selling off a bit due to worries over oil and gas prices. Crude futures are holding above $69 per barrel, making some worried investors shift into gold as a "safe-haven". Gold is now over $600 per ounce.

BWNG - DVW - CCOI Prime Takeover Candidates

Today stocks were seen as opening higher amid several mergers and acquisition announcements. Alcatel (ALA) put speculation to rest and says it will buy Lucent (LU) in a $3.45 billion deal, valuing LU shares at about $3.01 each. Also - Iconix (ICON) says it will buy Mossimo (MOSS) for $7.50 per share in cash and stock. Aztar (AZR) receives an offer from Ameristar Casinos (ASCA) at $42 per share in cash and Alderwoods Group (AWGI) will be bought by Service Corp (SCI) for $20 per share in cash. Lastly, General Motors (GM) rises on news it sold a 51% stake in GMAC.

Broadwing - BWNG - Still In Accumulation Mode

BWNG was downgraded from a Buy rating to Accumulate today by Janco Partners that set off a number of weak hands (day traders) or stop orders that spurred some selling on this news. This negative trading activity was unwarranted in our opinion. Nothing has changed with Broadwing except their increased marketing efforts in broadband and IP services to enterprise partners that should produce continued growth over the next several quarters. To reiterate - the company was "not" given a Sell recommendation, but rather an Accumulation rating. Accumulating on dips is not a bad idea especially after today's activity.

We Scooped Jefferies & Co. on Their Buy Upgrade on Covad - DVW Today

DVW is running now and should continue for a while.

Covad Communications - Symbol DVW - Merriman Curhan Ford Has A Target Of $5.00

Covad is a leading provider of Voice over IP, VoIP, and Broadband services.

As much as we dislike looking at a $2.00 stock, investment banking firm Merriman Curhan Ford has a target of $5.00 near term on DVW. We think this is due to expected positive earnings to be released and expansion of broadband services and partnership deals that have already been announced. Broadband services appears to be an explosive area to be an investor in at this time. We feel that we are on the ground floor on this investment. Stay tuned.

Broadwing - Symbol BWNG - Merriman Curhan Ford Targets $19

We spoke to the investment banking firm Merriman Curhan Ford and they put a Buy recommendation on BWNG yesterday with a price target of $19. Their head of investment banking was the top analyst at Thomas Weisel Partners. Most analyst targets that we have seen lately have been very conservative. We still see this stock at $30 by summer as previously posted.

PALM Continues To Trend Up

BWNG reminds me of VPRT at $15.00.

We had some brave souls who tried to keep shorting every other day or so on VistaPrint (VPRT) and not surprising to our due dilligence, the stock blew right through to $37.75. OUCH!

VPRT Chart at $15.00

We are making a call to $30 by summer on Broadwing - BWNG. This is not the ending target though as we suspect very significant news is pending. If we told you the real LT target you wouldn't believe it. Stay tuned.

Our PICKS Continue To Look Strong - PALM, VPRT, SVI, ARII, OS, BWNG

Broadwing - All Indicators Point to $30

Broadwing Stock Chart

BWNG - Added To Our Short Squeeze Alert

With over 6,894,000 shares short it this would take 2 - 3 days to cover this position given the average daily volume. Also, the stock is breaking new 52 week highs weekly if not daily, so we strongly feel that the shorts will throw in the towel and continue to cover on BWNG as the stock breaks into higher ground.

Is would not unreasonable to see BWNG at $17.00 - $20.00 level soon if this occurs.

BWNG Another RMBS at $15.00??

Broadwing - BWNG looks like another Rambus - RMBS when it was $15.00. Now Rambus is approaching $40.00. Rambus - RMBS 6 Month Chart

Broadwing - BWNG Is Our Favorite Pick Now

BWNG breaks out this morning above the critical $15.00 level. This technical breakout should move the stock to the $17.00 - $20.00 level soon.

Telecoms are HOT again as evidenced by the Lucent takeover announcement.

Broadwing - BWNG A Realistic Double By Summer

Conference Call Notes and Info about Broadwing - BWNG

Dr. David Huber is transitioning out as CEO and the hunt is on for a new Big Name Executive CEO to carry the "NEW" Broadwing (BW) to higher levels.

BW operates a one-of-a-kind all-optical network and is The Leading Optical Network with 1,630 employees. They have unparalled customer focus and speed. Their growth products are: data, IP, and broadband/media services. Demand for high bandwidth services are on the rise.

Key development: Hong Kong based Hutchison Global Communications has chosen to partner with BW due to their technologically advanced network and innovative services. Parent Company HTX Stock

After 9 consecutive quarters of growth in broadband and data services, the partnering with Hutchison Global Communications that is owned and operated by Hong Kong's richest family, Li Ka Shing, and with the ever increasing demand for data broadband services should prove to accelerate future earnings and market share. The BW/HGC joint establishment of a new inter-carrier international Ethernet network enables international customers to connect multipoint Ethernet services from locations served by HGC in Asia, its Asian partners and others, with multipoint circuits in the United States. Both BW and HSC have validated the high demand for this new Trans-Pacific Ethernet solution. Further, HGC owns the largest fibre-to-the building telecommunications network in Hong Kong.

Company achieved BE in EBITDA in the 4th Qtr.

There is no question that we see Broadwing - BWNG as a solid core holding. Those who are lucky enough to be in on the ground floor should benefit nicely as the word gets out about the growth of this company and their partnering deals. We feel that the institutions have been accumulating shares quietly over the past few months.

More On Broadwing - BWNG

Broadwing has become more popular with investors lately due to an increased demand for "content" from enterprise customers. Their optical network helps deliver what their clients need and their is a strong demand for their products. The growth products for this company are; data, IP, and broadband media services. Their business is broken down as follows: 24% local long, 20% long distance, 20% data Internet, and 36% broadband. We expect their next earnings report between the last week of April through the first week of May.

Jamba Juice/SVI Merger - Proxy Filed Wednesday

Be cautious here as expressed a few days ago. The full details of the negotiations between Services Acquisition and Jamba Juice are layed out in a merger proxy statement that was filed Wednesday. It states that Jamba Juice has 532 stores in 26 states, and is a lot less profitable than many investors had hoped for.

For the year ended June 2005, Jamba Juice had operating earnings of $2.84 million, down from $5.18 million in the prior fiscal year. Also - The company's unaudited financial statements originally reported operating income of $8.39 million in 2004.

Expect a some selling as this news is digested and a base is formed over the next week.

VPRT AND BWNG Look Good At These Levels

VistaPrint, a favorite here has hopefully bottomed out at $29.00.

BWNG - Added To Our Short Squeeze Alert

With almost 6,900,000 shares short and the stock moving higher about every week since January, you can expect shorts to throw in the towel and run for cover as the stock passes the $15.00 - $17.00 mark soon.

Broadwing Short Squeeze Link

PALM - Added To Our Short Squeeze Alert

With nearly 16,000,000 shares short we have added Palm to our short squeeze alert in the face of the Las Vegas 2006 conference next week. We believe that Palm will win over the crowd and investors would not want to be caught short. Also, research shows that Palm's new winning technology is taking away market share from its competitors. Short covering will take almost 4 days to cover, so a short term price target of $25 is not unreasonable.

PALM Short Squeeze Link

PacificCrest Rated #1 for Technology Research by Institutional Investor Magazine Starts Palm at Outperform

PacificCrest Link

PALM To Present At The CTIA Wireless 2006 Conference In Las Vegas

CTIA is the voice of the wireless industry and the CTIA conference is the most important technology event of the year.

If we had to speculate, our belief would be that Palm will be one of the top companies to steal the show by introducing their next generation of Palm products to the public in Las Vegas next week.

CTIA Wireless 2006 Link

Smartphone Conference Link

Palm, Inc. Is Exhibitor #1500

Here Is The First Of A Series Of Expected Upgrades on PALM

The analysts have been so wrong on valuing PALM. Here is the link of a recent upgrade. We anticipante several other analysts to admit that their valuations have been wrong or too low, and will eventually have to step up to upgrading their Buy rating on PALM soon.

Palm Ratings Change Link

PALM Celebrates 10 Successful Years

There is no question that Palm products have been a runaway success over the last 10 years. The Pilot and its many Palm products have provided customer valued services with ease to millions of users by keeping their mobile customers from all industry groups connected to their work, home, letting them do email and browse the web on the go, allowing them to keep all their favorite files, music, photos and videos as well. Also, they also continue to take away market share from Blackberry.

Palm president and CEO, Ed Colligan is quoted as saying that he is "enormously proud of what we've accomplished, and I'm even more excited about what's yet to come."

PALM Is Here To Stay - Flying Off The Shelves

Despite a recent fund manager who made a negative comment about PALM on TV that created a lot of daytraders to sell, we can clearly see that the trend of professionals "on the go" are buying up the PALM products as fast as they can put them on the shelves. The Blackberry is not the way to go. The new PALM Treo 700 can open attachments and this is a very desirable feature to many. Click To See The Palm 700

The mutual funds have increased their positions today as daytraders got spooked out.
Glenview Capital Management, however has sold 1/2 of their position or 1,400,000 shares, Oppenheimer Funds have increased their position +1,200% adding 8,370,000 shares. Vanguard Funds have increased their holding +109% by purchasing almost 2,000,000 more shares.

Looks like the SMART money is betting on PALM and so are we.

SVI and SVI Warrant Holders

SVI stock is up on Tim Hortons IPO today - Symbol THI.

The story is Great, however, short term, we would look for a sell off at any time after this short covering spike from shorts who sold earlier this week and also from the CNBC hype that aired on Wednesday. If you are out, look to re-enter SVI under $10.00 and the warrants in a range of $3.90 - $4.00.

We still need the proxy vote approval from SVI shareholders and this will take some time. The Hot Money may exit fast if they become impatient in this lag period; waiting for a proxy vote.

As Predicted - Thomas Weisel Partners - TWPG - On Fire!

TWPG is like Greenhill & Co. See GHL Chart Here

TWPG was in the $20 range yesterday.

PALM shares will run next on very good news.

We are Bullish on PALM Today On Great Earnings

PALM revenues were up 36%.

Filling the GAP at the $20 level now.

Also - There should be several analyst upgrades to follow the great earnings just released. Professional traders are washing out the home traders now who hold 100 shares, so expect the stock to lift later today through next week.

"Wash Out" = When Professional traders have a great stock and dip the shares hard to suck out the weak shareholders to increase their position before moving the shares higher.

More On PALM - Blow Out Earnings + Secret Product To Be Announced (Target $25 Short Term)

Palm Reports Q3 FY06 Results - Quarterly Revenue $388.5M, Up 36% Year Over Year
Treo Smartphones Up More Than 100% Year Over Year (Notice the trend)

Palm will be the talk on CNBC, MSNBC, Talk Radio etc... tomorrow.

Legging Into CBOT - BOT and PALM, Inc. - PALM

Expect a series up upgrades from analysts on PALM.

The change over from cell phone and Palm 650 users to the "new" Palm Treo 700 has just gotten started. The features of the new Treo 700 are unbeatable and in high demand for users on the go.

Movers: TWPG, OS, ACI, BTU, SVI, SVI Wts, RAIL, ARII, VPRT

Our PICKS Look solid.

NYSE Group said it has received approval from the Securities and Exchange Commission for its hybrid market model. The hybrid market blends electronic trading of stocks and other securities with the traditional floor-based NYSE auction market. The SEC approval allows the exchange to expand hybrid trading beyond the current list of 154 companies and to incorporate new trading technology for floor brokers and specialists. The exact implementation timeframes will be announced separately.

Stock activity...Looks like the "wash out" before the run.

FreightCar America - RAIL - Forms a Technical Cup and Handle Chart Formation - A Bullish Sign

We would anticipate that the stock will continue its steady move up towards the $80 - $85 level very soon following its brief dip in early March. RAIL only has 12,530,000 shares outstanding. We also anticipate that we will get news on an announcement of a 2:1 stock split soon. Shares also appear to be in very tight institutional hands who own 88.6% of the shares.

American Railcar ARII - Should follow suit to higher levels too. Same chart pattern. Bullish as well.

We scooped CNBC on The Jamba Juice News and Recommendation

Be careful because this stock trades on the AMEX and the executions are very difficult to fill vs. a stock that trades on Nasdaq. Meaning, when you go to buy the shares the specialist lifts the stock higher and when you go to sell he drops the stock lower. Use limit orders and please don't get caught chasing the shares because the proxy votes still have to be mailed from SVI and SVI majority shareholders have to agree on the deal. Therefore, the shares will trade up and down until the "final" merger has been officially approved by "all" parties.

Jamba Juice Holders Approve Acquisition

Like we suggested all along, the Jamba Juice majority shareholders would have had to approve the merger or Jamba Juice and SVI would not have made any merger announcements.

NYSE Group - NYX Seen On BUYINS.NET List of Naked Short Sellers - Expect Buying From Short Sellers Soon

With the acquisition of AX this stock should break PAR.

NYSE Group - NYX, could eventually follow the same trading pattern as CBOT Holdings - BOT in due time.

The Word Is Getting Out About The Jamba Juice Merger

However it appears that original SVI holders may be selling to lock in profits. Tread cautiously here.

Jamba Juice Merger Update

Sunday News Article about the Jamba Juice merger

Jamba Juice Research - Click Here

Merger News on the Jamba Juice web site.

On March 10, 2006, Services Acquisition Corp. International ("SVI") issued a press release with respect to the execution of an Agreement and Plan of Merger ("Merger Agreement") with JJC Acquisition Company, a wholly-owned subsidiary of SVI and a California corporation, and Jamba Juice Company, a California corporation ("Jamba Juice") in connection with SVI's acquisition of Jamba Juice. In connection with the acquisition of Jamba Juice, SVI also entered into a Securities Purchase Agreement ("Purchase Agreement") and a Registration Rights Agreement ("Registration Agreement") with certain investors for a private placement financing in order to raise the proceeds necessary to provide a portion of the funds necessary to acquire Jamba Juice.

SVI is a company that was formed for the specific purpose of consummating a business combination. SVI raised net proceeds of approximately $127 million through its initial public offering consummated in July 2005 and has dedicated its time since the offering to seeking and evaluating business combination opportunities. The management of SVI includes former executives from organizations such as Blockbuster Entertainment Group, AutoNation and Boca Resorts.

Special purpose acquisition vehicles, known as SPACs, have started popping up as alternative financing vehicles in the public sector. SPACs are companies that have no operations but that go public with the intention of acquiring a company with the proceeds of an initial public offering. Large institutional investors, such as hedge funds, usually buy shares of SPACs.

The IPO market has been up and down and has not been very robust, so SPACs become a fairly safe haven in which institutional investors can invest and enjoy the liquidity of the public markets, which is what hedge funds like to do.

Of the funds raised by SVI in early July 2005, $7.35 per share was put into a trust account and filings specify that if they don't buy a company then the money is returned in 2007.

So, there sits $127,000,000 in trust.

The $127,000,000 + $231,000,000 raised in a private placement with institutional investors is what they will have at the close of the Jamba Juice merger.

The balance of money not used in the merger will remain in the company.

Before the merger can go through SVI must file a proxy with the SEC.

SVI cannot have more than 20% of their shareholders reject the merger by proxy vote and they will also need 51% of their shareholders to accept the merger.

As for the warrants. They are exerciseable into the common for 1 share of common stock of SVI at $6.00 and expire on 6/28/09.

The warrants can be called for conversion if the stock trades at $11.50 or higher for 20 out of 30 days. You will have a choice at that point in exercising the warrants to buy the stock at $6.00 or sell the warrants in the open market at the trading price and let someone else convert the warrants for shares. At parity, if the stock is at $11.50 then the warrants should trade at ($11.50 - $6.00) or $5.50 per warrant. If the stock is at $15.00 the warrants would be valued at $9.00 per warrant.

The warrants would raise and additional $103,000,000 in cash for SVI.
As for the private placement as found in the 8-K paragraph 4.9 exhibit 10.2...no one has shares and will not get shares until 60 days after "the closing" of the merger. Therefore, selling is not permitted period by PP shareholders until they receive their shares.

The Merger Agreement also provides that if Jamba Juice terminates the Merger Agreement either because the board of directors of Jamba Juice recommends a superior Acquisition Proposal (as such term is defined in the Merger Agreement), the stockholders of Jamba Juice vote against the merger or the stockholders of Jamba Juice do not approve the merger by April 30, 2006, and within six months after the date of such termination, Jamba Juice either enters into a definitive agreement to consummate, or consummates any of the following transactions (whether in a single transaction or series of transactions) (i) a sale by Jamba Juice of all or substantially all of its assets or (ii) a sale of stock, merger, reorganization or other transaction that results in transfer of ownership of more than fifty percent of the capital stock of Jamba Juice outstanding on the date of termination of the merger agreement, then Jamba Juice shall promptly pay to SVI a fee in the amount of $10,000,000.

Our Picks Look Solid! Our Favorite PICK Now IsServices Acquisition: Symbol SVI and SVI Warrants - SVIWS

Jamba Juice - Business Week Article

Click Here For The Jamba Juice - Business Week Article

Jamba Juice Holds as Shares Are Accumulated - Symbol SVI

Click Here For The Jamba Juice Acquisition News!

It looks like SVI the acquirer of privately held Jamba Juice held steady most of today. It feels like the shares were being quietly accumulated throughout the day in an effort as to not drive the shares higher. There was probably some profit taking today from those who were in at the $7.50 - $8.00 level?? That's good for those who want in! The announcement was just made this Monday of the merger. No IPO was done to save millions of dollars on investment banking fees from firms like Goldman Sachs, Lehman, JP Morgan and others, a smart move!

We are now waiting for the Institutional Fund Managers to step in and take a BIG position and take the stock to the $15.00 level, then a continued pace to $20.00+ as more and more news is released and the shares are placed in tight hands.

The stock was $7.50 on Friday afternoon then ran up +21.7%, then faded -9%, followed by a run up of +34%, and a drop of -10%. Now that the drop has occurred, we would now forsee a run up to the next level of around $13.00 or so.

Another HOT One trading - Jamba Juice

When the masses find out this stock will probably be a double from here!

Stock Symbol - SVI

They have warrants too that expire 6/28/09 and are exerciseable at $6.00.
Go See: Yahoo! Quotes Symbol: SVI-WT
SVI Warrants Chart

Steven Berrard, the former chief executive of Blockbuster Inc. and co-founder of AutoNation Inc., on Monday announced his latest business venture -- leading a group that is buying the fast-growing smoothie chain Jamba Juice Co.

Services Acquisition Corp. said it is paying $265 million for the privately-held Jamba Juice, which is based in San Francisco. The chain -- which opened its first location in 1990 -- reported $345 million of sales last year at its 532 locations nationwide.

The plan I understand pre-IPO was for Jamba Juice to open 80 - 100 stores in 2006. Not that SVI is involved I suspect that they will follow suit as Starbucks did and open 1 new store every day, as well as sell in Hotels, Hospitals, Universities, etc...

People - Yes, this could be the next Starbucks! Click Here For Starbucks Chart

Institutional Buying?? VPRT, NYX, ARII Today

Looks like there is institutional buying on VistaPrint, American Railcar, and NYSE Group today.

They are Top Movers for the day.

Expect VPRT to approach the $35.00 - $37 level soon. VPRT was up $2.00 early today on as little as 25,000 shares. There is a lot of interest building with VPRT.

NYSE Group Prospectus Info

Click For NYSE Group Prospectus

NYX looks like it could be another ICE for those who missed the run from $30 to $70. ICE Stock Chart

VistaPrint - VPRT Update

Getting a feel for what is going on with VPRT - I understand that the company is currently involved in a number of marketing and road show meetings where they are talking to their institutional clients about the strong growth that continues with VistaPrint. This company has quarterly revenue growth of 75%, with average daily volume of 151,000 shares. Despite the recent pullback, the fundamentals are still there. Also, you can be assured that they probably have had a strong January - March so far due to many of their 6,000,000 client companies who have renewed their spending budgets allowing them to do more printing since the beginning of the year. My guess is that when April comes, they will have another record quarter!

The bottom must be near on this company for those looking to acquire the shares or add to their positions.

NYX Stock - Starting To Heat Up Again

The HOT money is out of NYX - Rolling into VPRT Now!

Loved the run on NYX. If you are out wait for the stock to settle. It never hurts to take a profit. Rolling into VPRT - VistaPrint on this drop!

Click Here For VistaPrint Chart

Click Here For VistaPrint Institutional Holders In On The Ground Floor

ARII bounces from $29.50 to $33 Since Yesterday - Expect the Same from VPRT any day!

ARII expected target $40 - $50!

VPRT expected target $40, then $50 and beyond over time!

VPRT will be squeezing the 290,000 share short position soon. The last time there was a short position of 120,000 shares the stock squeezed the shorts from around $33.00 to over $37.00 within a few days of the short raid on the stock!

Get ready for a replay on VPRT! This company grows at 75% per quarter with a history of 23 consequtive qtrs in a row.

Be careful of the "wash out" by traders who are scaring out investors who sell to them before a BIG run up as we have seen many times over.

Scooping up shares now.

NYX Running - VPRT Gets BUY Recommendation from Jefferies & Co.

Several Stocks to watch today: NYX, VPRT, ARII, TWPG...all trending up!

VPRT Is Bouncing Back - ARII Sells Off - No Reason

VistaPrint - VPRT is coming back up from a recent drop and today American Railcar - ARII looks like several stop orders were triggered this morning at the opening as sellers and shorts hit the stock taking it down even more from yesterday. The Rail stocks are very hot and the demand for new rail cars should last for the next few years. Backlogs are still there too for new rail cars, so all Big drops are buying opportunities in my opinion.

Remember to Buy the Dips and Sell when the stocks surge and get over extended, and you won't get hurt in any stock that you are holding.

Thomas Weisel - TWPG should bounce in here too very soon. Compared to GS, LAZ and GHL, TWPG looks very cheap in here at these levels.