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.
Saturday, June 24, 2006
Wednesday, June 21, 2006
Thursday, June 15, 2006
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
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.
Wednesday, June 14, 2006
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
INSIDER SELLING REPORT
Tuesday, June 13, 2006
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.
Monday, June 12, 2006
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.
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.
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.
Friday, June 09, 2006
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.
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.
Thursday, June 08, 2006
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.
Wednesday, June 07, 2006
Tuesday, June 06, 2006
Monday, June 05, 2006
Friday, June 02, 2006
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
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
Will the next move up be 57%, 67% or 77%??? See the weekly chart!
Weekly Chart On Broadwing - Click
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