quote:

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Originally posted by cannondale420:
UAX is red hot!

Good call Cabbage...a lot of movement and upward momentum today

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Acquisition to Add More Than 5,500 New Subscribers

DENVER, Oct 23, 2003 /PRNewswire-FirstCall via COMTEX/ -- USURF America, Inc. (UAX), a provider of wireless, high-speed broadband communications services, announced today they have signed a letter of intent to acquire Apollo Communications of Colorado Springs. Apollo has over 5,500 customers and equipment located in Denver, Colorado Springs, Pueblo and southwestern Colorado. With monthly revenues in excess of $350,000, Apollo provides data and high-speed internet services as well as local and long distance telephone services. Since Apollo holds a license to operate as a Competitive Local Exchange Carrier (CLEC) in Colorado, the transaction must be reviewed and approved by the Colorado Public Utilities Commission.

In connection with the proposed transaction, USURF has completed a series of private placements and has loaned Apollo $600,000.

"The combination of Apollo and USURF will create a stronger, more dynamic network provider that will deliver advanced communications services and value to our customers," said Bart Atkinson, president of Apollo.

"The addition of Apollo's network and operations centers in Denver and Colorado Springs will provide a higher level of support and product offerings to our customers to give us a marketing edge over our competition," said Doug McKinnon, CEO of USURF America, Inc. "This significantly expands our existing network and broadens our base of opportunities."

About USURF America, Inc.

USURF Company Acquires Broadband Internet Service Provider

Customer Base Located in 12 Denver-Area Class 'A' MDU Properties

DENVER, Aug 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- USURF America, Inc. (UAX), a provider of wireless, high-speed broadband communications services, announced today that it had completed the previously announced acquisition of the customer base and related assets of Pipeline Networks of Colorado, LLC, a privately-held Denver-area provider of high-speed broadband Internet access service. The number of acquired customers is in excess of 500, with approximately eight new customers being added weekly. Current customers are located in 12 Denver-area Class "A" multiple dwelling unit (MDU) properties with a total of 3,562 dwelling units. USURF made the acquisition with cash and a note, and, at USURF's discretion, shares of common stock.

All of the acquired customers receive their broadband access via traditional digital subscriber line (DSL) service and the Pipeline acquisition included all of the assets needed to provide broadband DSL service at each of the MDU properties. These customers, which are USURF's first traditional DSL customers, represent approximately $26,000 in monthly revenues, with the per customer revenue exceeding $51.00 per month.

"This acquisition by USURF Communications, Inc., a subsidiary of USURF America, has added positive cash flow to the company," said Ken Upcraft, USURF's executive vice president. "Our efforts at these properties are focused on doubling the current 14% penetration rate over the next six months."

As part of the acquisition, USURF gained roof rights at each of the 12 MDU properties, which will assist the company in deploying its planned wireless broadband network in Denver.

About USURF America, Inc.

Hi Jason -
Thank you for your e-mail below. We appreciate your enthusiasm toward
Usurf's business goals and your support.

Our 3rd quarter earnings are scheduled to be posted November 14th, as we
have 45 days from the end of the quarter. Typically, it takes the full
45 days to prepare the financials.

Thank you for your interest in Usurf!

Denise Hoover
Director of Human Resources & Administration
Usurf America, Inc.
6005 Delmonico Drive, Suite 140
Colorado Springs, CO 80919
Phone: 719-260-6455
Fax: 719-260-6456
http://www.usurf.com

I'm just trying to get some general information about the company out- add anything else you might have

Some interesting points from http://www.vectorvest.com

All info from Thursday 11/6/03

RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. UAX has a Relative Timing rating of 1.30, which is very good on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.

$Change: UAX closed up 0.03 from the prior day's closing Price.

%PRC: UAX's Price changed 18.75% from the prior day's closing price.

Volume: UAX traded 19,948,800 shares on 11/6/2003.

AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. UAX has an AvgVol of 2,847,200 shares traded per day.

%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals 100 x (Volume/AvgVol). UAX had a %Vol of 600.65% on 11/6/2003

Sales: UAX has annual sales of $

Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. UAX has a Sales Growth of 291.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.

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Im expecting this to go to .30, .17-.19 or lower is the best entry point.

I would like to hear what other people have to think- anyone else catch the upswing?

quote:

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Originally posted by cabbage22:
UAX is getting ready for a second run!

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I got in at .19, the jump at the market open and large volume is encouraging.

DENVER, Oct. 16 /PRNewswire-FirstCall/ -- USURF America, Inc. (Amex: UAX - News), through a wholly owned subsidiary, has signed a $365,000 licensing agreement with ZKid Network Company (OTC Bulletin Board: ZKID - News) for USURF's proprietary technology recently acquired from Children's Technology Group. USURF will provide ZKid Network Company's product with an additional layer of security and greater empowerment to parents for the soon-to-be released KidsKeep Safe Internet Software Program. Under the license agreement, USURF received cash and stock for $365,000 and will receive royalty payments over the next two years.
Jon Darmstadter, CEO of ZKid Network Company, said, "After an exhaustive search in ZKid's ongoing commitment to child safety on the internet, we have chosen USURF to integrate our KidsKeep Safe Internet Software Program with their state-of-the-art Internet access control and content management technology. We believe combining their technology with our product will provide the safest and most engaging Internet environment for children ages four to 10 and will provide parents with peace of mind."

1.648 million volume (1.8%)

Open .19
High .20
Low .18
Close .19

3 month MACD crossed over 0
Money flow is positive

Bid size at close: 668,000 @.18
Ask size at close: 41,000 @.19

3Q coming out Friday

Like I said before .17-.19 is a good entry point

I'd appreciate some input (research, DD)
I've done more than enough on this company over the past 2 years, I'd like to hear some fresh views on it

The following stocks showed signs that their respective price advances were gaining momentum. For the first week of November, these stocks posted the following closing prices and returns on investment (ROI):

(MOBE): $11.51 (+18.66%) with a Sharpe Ratio of 5.82

(UAX): $.19 (+11.76%) with a Sharpe Ratio of 1.32

This compares to the (ROI) and Sharpe Risk-Return Ratio for the following assets:

DJIA: +0.08% with a long term Sharpe Ratio of 3.22

S&P 500: +0.29% long term with a Sharpe Ratio of 2.53

NASDAQ 100: +1.28% long term with a Sharpe Ratio of 1.91

Although the momentum in these stocks may dissipate, the firm`s proprietary quantitative and technical trading model continues to generate a `long` position for these stocks and these indexes based on their recent price patterns. The firm`s proprietary quantitative trading model generates a `long` position when it detects a positive trend in the historical price data series.

For more detailed information, visit the equities and models sections of the firm`s website located at www.pinnacle-resources.net.

quote:

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Originally posted by cabbage22:
good entry point

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quote:

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Originally posted by GMG:
[QUOTE]Originally posted by cabbage22:
[b]good entry point

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[This message has been edited by GMG (edited November 12, 2003).][/B][/QUOTE]

I think the chart is showing an uptrend, the MACD is up over 0 on short term(3-6mo) and is climbing up towards 0 on the 1-2yr charts. It does have the chance of going lower, but i dont see it happening.

The ask size at .17 is huge, lead by the MWSE- which is strange

The past 2 days it has held strong around .18-.20 on very light volume, which is encouraging.

3Q is coming out on friday-

Definately not a short term play, im looking to get out around .30 in late november or december.

quote:

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Originally posted by cabbage22:
UAX is moving!!!!!!!!!!!!!!!!!!!!!

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I feel bad for the people that didn't get in this stock- I am new to the board so I can understand why nobody took an interest in my posts. I've been trading for about 4 years now, very technically oriented- hopefully my next picks will get more of a response- we're all in this together!

The stock should spike- like it always does, after the earnings anouncement.
In past earnings reports the stock continues upward for a couple weeks before tapering off- I would expect similar here.

There is a CEO webcast that anyone invested should listen to at their site- http://www.usurf.com

The CEO said that the company cash flow should be positive 2q next year- UAX is a good long term play.

quote:

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Originally posted by BMiko728:
this morning got ins ome more shares at .19, .20 and .21,,,,, great entry points for a tomorrow,,,

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Look for the spike Mon. I hope.

PART III - NARRATIVE

State below in reasonable detail why the Form 10-K, 11-K, 20-F, 10-Q, N-SAR or
the transition report portion thereof could not be filed within the prescribed
time period. (Attach extra sheets if needed.)

I dont see this as bad news, late filings happen all the time, and it gives UAX more time to go up!

quote:

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Originally posted by BMiko728:
They filed today and they posted that need more time to file,,,, we'll just have to wait,, I'm still in ,, and feel this is what some could consider a great value stock if they can get SEC approval of the 10 million bucks by fusion capital..
Also learned today that at their annual meeting it was approved that they have the option of increasing their outstanding shares by 400,000 common and 100,000 perferred...

PART III - NARRATIVE

State below in reasonable detail why the Form 10-K, 11-K, 20-F, 10-Q, N-SAR or
the transition report portion thereof could not be filed within the prescribed
time period. (Attach extra sheets if needed.)

The Quarterly Report of Form 10-QSB could not be filed because
Registrant's independent auditor has not yet completed its review of
the unaudited financial statements to be included in the Form 10-QSB

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Setting up an industrial strength wireless network used to be a lofty proposition, but at the end of July the task became a lot easier. Easier because NetNearU and Boingo Wireless struck a deal to sell service along with hardware and software needed to create an enterprise class Wi-Fi hotspot that can be installed in 10 minutes. All that a cafe owner or apartment building manager needs is $600, access to the Internet, and users with wireless PC cards.

NetNearU sells the hardware, a routing access point, which creates a wireless network good in every direction for 300 ft. NetNearU's Trackos software is pre-installed and set up for users to be a part of service provider Boingo's nationwide network. From there, Boingo takes care of user authentication and billing. Once a users sets up an account with Boingo, they can roam to the other 650 Boingo Wi-Fi hot spots across the country. Boingo is partners with dozens of hardware makers and hundreds of hotspot operators, offering several connectivity plans based on use, with the cheapest starting at $8 for a flat rate pay-per-use plan, and the most expensive $75 for a month of unlimited access.

NetNearU's Trackos software is also used for wired and wireless Internet kiosks at airports and hotels. Though they only have deployed about 100 Wi-Fi public hotspots, NetNearU has 1,200 public Internet access kiosks around the country and operates them through partnerships with independent operators, like an airport, that buy a kiosk and get Internet access through a third party. Cody Catelena, NetNearU's chief technology officer, says that the company is trying to persuade kiosk operators to set up hotspots.

"Since you can view equipment and account details online, its easy to monitor the equipment remotely," Catelena said. Management features include equipment monitoring that allows a look at the strength and reception of the sometimes flighty Wi-Fi hotspot. Monitoring along with credit card authentication and revenue reporting is done through a Web browser.

The NetNearU products are easy to operate, but the low cost of wireless peripherals will probably have a bigger affect on hotspot popularity. In-Stat/MDR expects the number of hotspots worldwide to increase from 2,000 last year to about 42,000 by 2006, during the same period service revenues will grow from $11.3 million to $642.6 million. In-Stat/MDR attributes the growth in Wi-Fi access to the falling costs of wireless LAN cards for laptops, growing acceptance of working remotely, and emerging roaming relationships between service providers. About 90 percent of public revenues in 2002 will be from pay-per-use, with subscriptions not taking off until 2006. But, the firm adds, success in the new business hasn't been reduced to a formula.

That said, another Boingo partner and hotspot producer, Wayport, has recently seen a huge jump in subscriptions, an increase from about 60,000 in January of 2001 to about 270,000 today. Wayport, an Austin Texas based nationwide hot spot producer provides high-speed Internet access to more than 450 hotels, including Hilton and Four Seasons, and 9 airports. Wayport also has setup 13 laptop-lounges in airports, targeting business customers that need access to long distance, faxing, shipping, along with high-speed Internet access.

Wayport targets business travelers, and that demographic makes up a vast majority of their subscriptions. The Yankee Group says that of the 45 million business travelers in the U.S., 50 percent connect to data ports.

Hotel guests rank high-speed Internet access among the top three priorities for technology in their room, says Dan Lowden, vice-president of marketing and business development for Wayport.

Wi-Fi is popular in business venues and at University campuses, like American University in Washington, D.C., where the entire campus phone and Internet network will be based on Wi-Fi technology by the upcoming fall semester. But the real buzz behind Wi-Fi is the possibility the technology has for making high-speed Internet access in residential neighborhoods more affordable. The word from analysts is that the hotspot market is only for business customers, and the technology is too new for residential customers.

It’s hard to think of Wi-Fi saving a ton of money in a normal neighborhood where only a few houses would reach each wireless network. One forum where Wi-F's limitations can be avoided is office and apartment buildings. Denver based USURF America, which makes fixed-wireless Internet access products, is beginning to deploy hotspots in apartment complexes that have multiple units interested in subscribing.

"Our prices are 15 percent to 60 percent less than comparable hard-wire access," said Ken Upcraft, vice-president of sales and marketing for USURF. "At the same time we will be generating high-margin, recurring revenue."

The trick is finding an apartment building that will consistently have subscribers and a landlord that is comfortable with techies persuading tenants of the virtues of wireless Internet.

With the announcement made by NetNearU, Wi-Fi is officially cheap. The question is, when will the high frequency waves blow into the mind set of the residential consumer? After all, without the purchase a $75 wireless PC card to take advantage of the Wi-Fi revolution, no data will be transmitted. Many laptops come with wireless cards installed, but a consumer generally has to be looking for them.

"But we've survived," said Ken Upcraft, USURF executive vice president.

Upcraft and the other executives have an inexplicable optimism about their telecom business, which is in an industry that has been weighed down by scandals and bankruptcies for two years.

USURF provides Wi-Fi, or high-speed wireless Internet access, in luxury high-rise, apartment and commercial buildings in metro Denver. Customers in each building can get bundled phone, television and high-speed Internet access for about $100 a month.

USURF has signed contracts with the management of 27 buildings for the right to sell its service. That's an increase from four buildings nine months ago. The company expects it will be able to double its customers from the current 1,000 by year's end as new high-rise apartment buildings begin to fill with tenants.

USURF was founded in 1995 as a dial-up ISP in Baton Rouge, La. It suffered millions of subscriber losses during the telecom bust and the owners approached CEO Doug McKinnon in early 2002 about turning the business into a fixed-wireless Internet service.

McKinnon had started a telecom company in Houston in the 1990s before moving over to Englewood-based ICG Communications in 1995. He left ICG as executive vice president in 1999. In March 2002, McKinnon and his venture capital firm Evergreen Partners spent $250,000 to construct USURF's first wireless tower in Colorado Springs. McKinnon and several friends and family members are investors in Evergreen Partners.

USURF stock, which is publicly traded on the American Stock Exchange under the symbol UAX, is now worth about 19 cents a share. For the six months ended June 30, revenues totaled $71,000, up 87 percent from the year before. The net loss for the first six months of 2003 dropped to $1.2 million from $1.75 million a year ago.

Fusion Capital Partners invested $10 million in USURF in March, but that money already has been spent. USURF now says it needs another $500,000 in capital to remain in business. The company's balance sheets include cash and cash equivalents of $380,000.

In July 2002, the AMEX notified USURF it was at risk of being delisted because of shareholder equity dipping below $2 million and sustained losses. USURF has 18 months from that date to turn things around. Upcraft said the AMEX already has told USURF it has complied to standards.

"Our stock is very active -- we have a lot of volume and that's what they like to see," Upcraft said.

Since January 2000, trading prices for USURF have ranged from 4 cents to $11 per share. USURF expects to lose more, adding to the $40 million-plus deficit.

In February, USURF moved its headquarters from Denver to Colorado Springs but kept an office in Denver.

Although USURF has only the roof rights for antennas to sell its Wi-Fi service at 27 buildings in Denver, it will have Wi-Fi coverage for 80 percent of Colorado Springs in six months, Upcraft said. There, USURF has an agreement with the utility company giving USURF access to high spots on towers that provide optimal Wi-Fi coverage.

In Denver, USURF hasn't been as lucky, but it has chosen strategic locations to spread its service from downtown to the Denver Tech Center. Antennas on rooftops act as repeaters to allow for redundancy for a service that is as fast as a T-1.

And the technology will only get better, which should allow USURF's business to continue to grow, Upcraft said.

USURF already is trying to work around one obstacle. One of the drawbacks to Wi-Fi technology is the necessity to have its repeater antennas in line of sight to each other, but USURF is testing a stronger antenna whose signal will be able to go through trees and other obstructions.

"The technology is moving so fast right now," Upcraft said.

The antenna at each building is capable of sending and receiving a signal within a two-mile radius. But USURF does not intend to try to sell to customers outside the building unless they begin clamoring for the service.

The executives shy away from the traditional idea of calling their antenna a "hot spot." That term has been used to describe Wi-Fi service in Starbucks or in airports that can be used by anyone walking into the area with a Wi-Fi-enabled laptop. USURF is selling to customers living or working in the buildings in which it has an antenna.

Barry Bruner, president of Wedbush Morgan Securities in Cherry Creek, is a customer in the building at 50 S. Steele St. He said he has had the service for nearly a year and is impressed with both the reliability and the fact that the speeds never dip below one megabit per second.

During the March blizzard, Bruner feared the Wi-Fi service would react like satellite television service and go out because of the weather interference, but the data kept flowing. Bruner, who is a minor shareholder in USURF, said he likes the flexibility of the service because he can move into conference rooms to make presentations wirelessly with his laptop.

Like many USURF business customers, Bruner has the USURF technology as a second layer to a DSL or T-1 system. Bruner's office has DSL, but he said he'd rather just have the USURF service. "We have it as an extra layer, but it's not because we don't trust the USURF system," he said. "When you're part of a larger company, they don't give you the option to run what you want to run."