posted
I am seriously looking at STTC Does anyone have any opinions on this? Here's my DD so far.
- NEWS : (02/06/06) STTC: Selected as a Hewlett-Packard Authorized Business Development Partner
SoftNet Technology Corp. (STTC) announce that they have entered into an agreement with Hewlett-Packard to serve as an Authorized Business Development Partner. This partnership will permit STTC to purchase and resell select items in HP Imaging and Printer and Personal System Product lines. SoftNet has the option to choose their distributor. The agreement was on November 22, 2005 and will remain in effect until May 31, 2006.
"We are thrilled with our selection as an authorized Hewlett-Packard business development partner. SoftNet has now strengthened its existing technology infrastructure consulting services with the ability to offer high caliber HP products. Hardware, software, architecture and support - SoftNet is a 1-stop network solution for small and medium sized business. In addition to leveraging our existing client relationships, we are now positioned to bid on other projects demanding comprehensive IT solutions," states James Farinella, CEO of SoftNet Technology Corp
- Company CEO owns 2,749,193 shares(Last purchase 02/03/06 of 50,000)
- Shares Outstanding: 254.62 Million
- Float: 234.38 Million
- EPS: -0.01
- Current price .085 (up 3rd day in a row after a huge slide)
- bid .084 ask .085
- ************* callling "BUY CONFIRMED"
- 01/18/06 acquired Inspara Networking Technologies, Inc also reporting that with this acquisition revenues should increase 500%
Check the charts, check the news releases. Am I missing something or is this a good buy??
posted
Well up .005 5.88% .085 to .09 today. Too bad I didn't buy in this morning. I will keep my eye on this though and if there is anyone out there that has any opinions on STTC I'd like to hear it.
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posted
Could be a decent stock with profit because it has two subsidiaries. The have solution technology and WholeSaleByUs. I wish i bought earlier today.
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