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Posted by Sparky Santos on :
 
MAY I HAVE YOUR ATTENTION PLEASE: The shares of Tiger Telmatics (TIGR) are the subject of my comments. Today (TUE - 01/06/2004) TIGR shares closed at $ 0.260, a new high, and today was also the third consecutive day the shares appeared on all OTC most active and biggest volume lists.

So what's going on, one might ask? In the opinion of this seasoned observer, one or more takeover ambitions is/are just about to materialize. If you read through the company's new releases over the past year you'll quickly realize that the firm's main product and only significant source of income is a feature-packed, next-generation, handheld gaming device called GMAETRAC that operates on Microsoft's WINDOWS CE.NET operating system.

Aside from being a very capable gaming machine, this device can also serve as a digital camera, an MP3 player, or a GPS tracking device. Moreover, its Bluetooth technology allows for wireless competition among players.

Now for the interesting part: Over the past year, Tiger Telematics has entered into several partnership agreements ranging from design and engineering to production with a bunch of powerful players - And each "partner" has been compensated with TIGR shares in lieu of cash. These shares are restricted and won't be traded for over a year; but let's just say that all the "partners" are very pleased to see that TIGR shares have quadrupled over the past week.

The names on this list include Plextek, Synergenix, Intrinsyc, and Celestica. It is the opinion of this author that one or more of these companies (each being very familiar with Tiger Telematic's GAMETRAC treasure) is about to slurp up TIGR shares somewhere in the $ 2.00 to $ 2.50 range.

Such an upcoming move would certainly explain tha stock's recent runup and reord volume. The timing is good too; seeing that the GAMETRAC unit is going to be unveiled at Microsoft's booth at the Consumer Electronic Show in Las Vegas this week (WED).

As a final item, thsi author also finds it very very interesting that Tiger Telematic's president, Michael Carrender, has purchased over 130,000 shares of his company's stock over the past month, at near record-high prices. That's what I call confidence!

CONCLUSION: Slurp up these shares at any price under a fifty cents and you'll be plesently rewarded within a few months. There are about 155 million shares outstanding; but if you net out all the restricted and otherwise tied-up shares, the actual trading float of TIGR shares is probably around 35 million. Accordingly, don't bicker over nickels and dimes as you attempt to accumulate or you'll miss out all together.

It is my prediction that TIGR shares will open strong Wednesday (01/07/2004) and plow right through the 30-cent mark, probably right after the open. Don't miss out! And, Stay Tuned! So Says Sparky
 




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