posted
I remebered that last time we talked about this we looked at siri so i been looking at it again....interesting....in year 2000 I belive siri had an os of almost 1 bil was in 15.1 mil debt.... ibzt has 2.2 bil os as far as etrade is concerned and I was under the impression they have no debt and many emerging products.....siri in yr 2000 was at almost 70 dollars a share...even with 1bil os....so why is it people are saying ibzt cant make it to a dollar with its high os......even if the os was 5 bil a dollar is still in reach I would think when looking at the pps for siri....what do you think!
Posts: 662 | From: nj | Registered: Jan 2004
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posted
...IMO IBIZ will reach (easily) 1 Dollar .... if they make for example 0.2 $/share revenue ....multiplied by 15 (what is a realistic value) ... we will have 3 Dollars per share... Ken said he sees an exponential growth of the company in the next time...and OK, if we see only 0.1 $/share revenue...so OK, we will reach "only" 1,5 or 1 Dollar per share !
You think not realistic ? I think it's realistic .... and in the past there were many other companies outside which ones has had the same unbelievable growth in share price ! And in any case if it's possible to go from 100 $/share to 0,1 $/share ... the other direction in share-price is possible too...there are enough examples for it!
With a little luck and hard work it could become reality....because IBIZ is good positioned at the moment, but they must GO now and come out with all their products as fast as possible otherwise other companies can do the same and the actual advantage is gone !
Ciao ... and GOOD LUCK to all longs ;-)
[This message has been edited by be_cool (edited May 15, 2004).]
It was a busy week for iBIZ Technology Corp. (OTCBB: IBZT), the developer of accessories for hand-held devices. It reported revenue of $434,000 for its second quarter, ended March 31, 2004, which surpassed its combined revenue for the past two fiscal years. It also said that it had shipped the first production units of the new Virtual Laser Keyboard to industry analysts, even while it awaits FCC and Laser certifications, which will allow it to ship the product to major retailers. The company’s Synosphere subsidiary also announced that it had retained GRID Strategic Advisors to assist in developing strategies for the commercialization and licensing of its satellite radio handheld accessory and lighted memory card patent pending technologies. This product should complement sales of the Virtual Keyboard, as the company will likely be able to market the two products to the same customers. The stock ended the week at $0.0252
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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quote:Originally posted by Neo: I remebered that last time we talked about this we looked at siri so i been looking at it again....interesting....in year 2000 I belive siri had an os of almost 1 bil was in 15.1 mil debt.... ibzt has 2.2 bil os as far as etrade is concerned and I was under the impression they have no debt and many emerging products.....siri in yr 2000 was at almost 70 dollars a share...even with 1bil os....so why is it people are saying ibzt cant make it to a dollar with its high os......even if the os was 5 bil a dollar is still in reach I would think when looking at the pps for siri....what do you think!
I will tell you part of the story. What do you think IBZT inventory is worth.......A million bucks.....5 mil..... Not very much. What do you think 3 eartho orbiting satelites are worth. Not tem mention one of 2 FCC licsences to operate anew buisness that is raking the airwaves by storm is worth. I will tell you those satellites are worth well over 2 billion. And the whole buisness os worth well higher than that. Now do you figures on what ibzt is worth. It is not even close. IBZT is not worth 10% of what SIRI has.
posted
I got to say no one wants those lofty levels more than myself. I have a mighty position and would love to see it. Again its the o/s that prevents it. Way too many hands control the destiny of this stock. We have all seen the manipulation the last few months. The day traders can just flat keep a lid on this thing. I urge anyone not to be foolish and take a profit if a decent one arrives. This stock has already risen out of the ashes and it could definatly get on another run but I will not get greedy and will pull the sell button. It stings bad enough when I lose money on a stock. It stings even worse when I have a gain and I become a bit too greedy to take advantage of it.
Posts: 425 | From: North,Wa.U.S. | Registered: Dec 2003
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posted
yeah I never said we were going to obtain 70 a share i said why cant we get to a dollar and as you said ibiz is not even a 10th of siri well id more then estatic if ibiz pps was a 10ths of siri's in 2000. and this company has shown that it is still growing drasticly with the best yet to come. more aquasitions and such so that increases the companies worth....not that the will ever have the worth of those satalites but still i think if siri can get to that pps with 1 bil os then ibzt with all that is doing is not imposible to reach 1dollar with its os jmho based on trying to put logic into this thing. wich we all know this entire thing is not very predictable
Posts: 662 | From: nj | Registered: Jan 2004
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posted
You forgot to put that SIRI is not at 70 bucks a share. It only in the 3 buck range. Hey I am with you on anything can happen. Its just the day traders that can smash any good run we have by selling into strength and that is what they will do. This is not the year 2000 also. Traders are much more wary since the dot com bust. I never see us hitting 1 buck but sure won`t stand in its way!
Posts: 425 | From: North,Wa.U.S. | Registered: Dec 2003
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posted
yeah but if you could have sold at that point wa hoo...im hear ya about the day traders but what are you thinking this can or will get to?
Posts: 662 | From: nj | Registered: Jan 2004
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posted
Gosh who know where it can go. Anything can happen in the market. The downsides to a real flyer is the o/s...the otc reputation. They are just not considered in many trading circles as a good hold. Thats why most will make and take profit. At 10 cents I have a boatload of cash and it will be really hard to stay longer. Most in this thing are penny traders and they are allways out for the latest and greatest.
Posts: 425 | From: North,Wa.U.S. | Registered: Dec 2003
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posted
I'm not sure what will happen and I hope I'm not full of pipedreams but I think this could take on a major run just on the hype. Yes the hype is fadeing now but only a limited number of people even know what this thing is. It seems every summer there is some sort of craze some new widget that takes the population by storm and I feel this may very well be it. Not to mention techies and trekies this product could very well be a hit not just for those who use it but others who just think it's cool. Look at some of the computer houses like Tiger Direct. They sell lots of illuminated computer cases and lighted mouses etc. This will be a sexy product for the masses. And what happens if this thing does sell like gang busters? JMHO but if this thing clears .75 I feel there will be rumour of stock buy back and that will be all it takes to move mountains. The o/s is a killer but if success brings about revenue the giant CAN be slain. jmo
Posts: 36 | From: Matthews,NC,USA | Registered: Feb 2004
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posted
The reviews will probably say something like, if you're planning to type up a 20 page paper, stick with your conventional keyboard but if you want something cool to impress your friends, it's worth it for $99.
Do you think such a review will bring us up to the Promised Land?
Posts: 113 | From: New York | Registered: Apr 2004
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quote:Originally posted by Nostradamus: The reviews will probably say something like, if you're planning to type up a 20 page paper, stick with your conventional keyboard but if you want something cool to impress your friends, it's worth it for $99. Do you think such a review will bring us up to the Promised Land?
Sales of the gadget will bring us to the promised land. $99.00 is a low price to play with this puppy. Who types 20-page papers on their pda anyhow? I use mine for short documents, notes, tasks.
posted
Seriously... Virtual keyboard is a wants... Not a need... IBIZ would have better chances of selling to the public of a virtual keyboard idea if they intergrated into PDA at PDA's production line rather than selling the virtual keyboard itself...
Also... I heard virtual keyboard is reflections of finger nails... Even though I don't have a virtual keyboard to test it out, but I think virtual keyboard would have too many errors and bugs to be use in medical field... If it response to finger nails, then consider while in a surgical, and doctor accidently slide his finger nails across the virtual keyboard while grabbing some papers on the desk... And doctor end up giving wrong surgery positions...
And I heard of this virtual keyboard will have possibility to be bring into school and college? Well in high school and middle school and elementary, kids dun even know where the keys are, and classes using white white lights, so keyboard will just disappeared on the table, how the hell are those kids suppose to know where to type... And even if they increased the laser that put image onto the flat surface... For those who don't know, red laser kills your eyes!... Why don't IBZT go to these kids and be like "Oh, your eyes will probably go really bad in few months and posibility of blindness using this keyboard, but it's ok you got a cool keyboard to type on and it makes those really annoying table tapping noise to annoy your teacher"
I really don't think it's a good idea to even have a virtual keyboard... Typing 30 pages essay or research papers and have to hear the table tapping noise... I would of smash the dammn thing...
I myself just think that because it's a new idea, so many people would have interest in it and will try it out first couple of months and IBZT stocks would rise upon purchases and contracts with big company... Once the product is out and stock is up, I am OUT!
Posts: 447 | From: Upstate, NY | Registered: Feb 2004
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posted
SIRI has very little revenue compared to what IBIZ could possibly generate from the sales of the VKB and BlueDock alone.
Right now, this company has many more penny flippers than investors unfortunately. IBIZ needs to shed that image, and I think management knows that. The first goal this company need to focus on is getting off the OTC and onto the AMEX or Nasdaq. That will draw the big money in along with institutional buying. We won't have any of that as long as we remain on the Bulletin Board.
A $1 price target would give IBIZ a market cap of about $3 billion with if we figure 3 billion o/s. That's still $1 billion less than SIRI is sitting at with its piddly revenue. I'm not saying we will be valued at that, but there could be an infusion of cash flowing into this company, and it could take us to those levels initially, even though many would consider that overbought. Never underestimate the buzz a company can generate, which could spark frenzied buying.
posted
IMO there are many many application for the technology of a virtual keyboard and it will become more and more standard in the whole world were it makes sence ... for example in places with dirty air (industry), small devices (without any other input possibility)... telephone stations and banking- and ticket automats (because it don't have any mecanicals and so it's safe and it's unbreakable and easy to clean!)....and (maybe...I don't know if it works?!) you can use it through glass (behind the glass) for example you can put the device outside (behind glass) of rooms were it isn't allowed to put something in it .... you can use it in dark environments (for example theater panels, they are always black) because it's always highlighted .... you can use it (for special installions and in special places head over) at the ceiling (nearly impossible with other keyboards .... and much much more....think about ...do a little brainstorming ...and you will see there are much much more possible applications outside then we we know at the moment. It's a absolutely new technology with open end (at the moment) and I'm sure we are just at the beginning and not already at the end !!!
About this day....was a political day for all stocks IMO !
Ciao
[This message has been edited by be_cool (edited May 17, 2004).]
posted
Anyone think the shorting from the Berlin Exchange is having the biggest effect on IBZT. I sent Investor relations an email and they said that they're working on getting delisted. It's got to be the reason for the crappy PPS. You post Quarterly results that blow away two previous years and your stock reacts like IBZT and something is bad wrong.
Just haven't heard much on this from many on the boards and was wondering what the thought was.
------------------ Memphis
Posts: 134 | From: Memphis, TN, USA | Registered: Feb 2004
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quote:Originally posted by TTmaster99: Virtual keyboard is a wants... Not a need For those who don't know, red laser kills your eyes!...
I really don't think it's a good idea to even have a virtual keyboard... Typing 30 pages essay or research papers and have to hear the table tapping noise... I would of smash the dammn thing...
LOL.. first of all, ALL technology products (with the exception of Tivo) are wants, not needs.
Secondly, Red laser only makes your eyes go bad IF YOU LOOK DIRECTLY AT IT. Geez.
Thirdly, I'm sure you can turn off the tapping sound.
In Germany normally it isn't possible for "normal" shareholders to "short" a stock ..."short selling" isn't allowed for ALL shares ! So can anybody tell me:
1) How does it work ...the NAKED short selling from Berlin-Exchange ? I've never ever heard from before !?!?!
2) Who can do the naked-short-selling ? The company ? The Broker ? Germans only ? Americans ? WHO ???
Thanks in advance for a detailled answer !?
Ciao
[This message has been edited by be_cool (edited May 18, 2004).]
posted
bump - this poor stock finished pretty good compared to where we were heading, but the thread keeps falling to page 2 on a couple of boards...... Come on Ibiz - make us proud!
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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quote:Secondly, Red laser only makes your eyes go bad IF YOU LOOK DIRECTLY AT IT. Geez.
[/B]
Yeah, maybe if you look at it for a few weeks continuously. I'm 99.9% sure its a helium neon laser (not very high frequency) that puts out a few mW, if that. I would not be terribly worried about looking directly into it. It is no stronger than a laser pointer, and how often do you see people wearing laser eye protection during presentations where a laser pointer is in use. Looking directly at the sun is worse.
In a physics lab we have an argon (green) lazer that can cause damage you even if it reflects off a pen tip into your eye. The VKB is less than 1/1000th as powerful as that one.
Posts: 423 | From: Westchester County, NY | Registered: Jan 2004
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posted
good so its safe...wonderful now if the fcc would say that we could get this show on the road! expecting reviews soon....probably along the lines of some one elses post....not to replace a home keyboard but sure is a cool gadget perfect for handhelds.......acording to other posts on how long fcc aproval takes we should be shiping soon.... has anyone called and asked when the fcc process started or where they are in the process!
Posts: 662 | From: nj | Registered: Jan 2004
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quote:Originally posted by memphis: Anyone think the shorting from the Berlin Exchange is having the biggest effect on IBZT. I sent Investor relations an email and they said that they're working on getting delisted. It's got to be the reason for the crappy PPS. You post Quarterly results that blow away two previous years and your stock reacts like IBZT and something is bad wrong.
Just haven't heard much on this from many on the boards and was wondering what the thought was.
To answer your original question... Yes, I think it has EVERYTHING to do with it. Just my opinion here... I don't have any proof. IBZT just fits the profile PERFECTLY though. It's a high volume penny stock that is volitile and has been sliding down the toilet on good news with a solid backlog of orders and more products coming soon. The better the news gets, the lower the stock price falls. I have seen quite a few resons for increased selling pressure over 20 years of trading, but "very good and improving news" is a pretty unusual one. I just don't buy the idea that this selling is just your standard "I'm tired of waiting for this company to deliver" type of selling pressure. Granted, there have been delays... but that soen't explain why investors would fold their hands in droves on the news that the long-awaited big product is finally coming down the home stretch and heading for the wire. There is something else happening here... all IMHO
quote:Originally posted by Neo: good so its safe...wonderful now if the fcc would say that we could get this show on the road! expecting reviews soon....probably along the lines of some one elses post....not to replace a home keyboard but sure is a cool gadget perfect for handhelds.......acording to other posts on how long fcc aproval takes we should be shiping soon.... has anyone called and asked when the fcc process started or where they are in the process!
Even if not by design, Ken just might find himself in a place where there are plenty of keyboards to help cover demand.
To answer your original question... Yes, I think it has EVERYTHING to do with it. Just my opinion here... I don't have any proof. IBZT just fits the profile PERFECTLY though. It's a high volume penny stock that is volitile and has been sliding down the toilet on good news with a solid backlog of orders and more products coming soon. The better the news gets, the lower the stock price falls. I have seen quite a few resons for increased selling pressure over 20 years of trading, but "very good and improving news" is a pretty unusual one. I just don't buy the idea that this selling is just your standard "I'm tired of waiting for this company to deliver" type of selling pressure. Granted, there have been delays... but that soen't explain why investors would fold their hands in droves on the news that the long-awaited big product is finally coming down the home stretch and heading for the wire. There is something else happening here... all IMHO
I sent an email to IR explaining what I had heard about the Berlin Exchange shorting issue and got a response stating that they were working to delist from the exchange. At least they're aware of the issue. I don't think this will do anything until it's delisted. Many great companies have been put out of business with issues like this.
------------------ Memphis
Posts: 134 | From: Memphis, TN, USA | Registered: Feb 2004
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quote:Originally posted by memphis: I sent an email to IR explaining what I had heard about the Berlin Exchange shorting issue and got a response stating that they were working to delist from the exchange. At least they're aware of the issue. I don't think this will do anything until it's delisted. Many great companies have been put out of business with issues like this.
Good deal. Thanks for contacting them. Step 1 is to stop the fall off the edge of the earth. Step 2 will be to start working back through the new resistance levels that pop up when a stock bottoms out like this and then tries to recover. If we get news of the final approvals for distribution of the virtual keyboards, that should at least take us back to the recent .035-.04 range... if we can stop the hemorrhage first.
quote:Originally posted by Neo: good so its safe...wonderful now if the fcc would say that we could get this show on the road! expecting reviews soon....probably along the lines of some one elses post....not to replace a home keyboard but sure is a cool gadget perfect for handhelds.......acording to other posts on how long fcc aproval takes we should be shiping soon.... has anyone called and asked when the fcc process started or where they are in the process!
The FCC doenst have a problem with standard laser pointers that you can buy at staples, do they? My semi-professional opinion is that its nothing to worry about. Right now ken schilling has much bigger things to worry about, like regaining the trust of investors (which may never happen).
Posts: 423 | From: Westchester County, NY | Registered: Jan 2004
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posted
I really think they've got the get the delisting from Berlin Exchange taken care of before this will move like it should.
Think about it. A company with an outstanding new technology product just releases it Second quarter results showing it's revenue for that quarter was greater than the previous two years and it doesn't even include sales from it's new product that's gotten rave reviews and is about to ship to market. The stock barely moves up and then falls back to lows again.
Something is up. This does not compute. SHORTING. Go research companies that have been shorted and you'll see the same pattern. Doesn't matter what they ship if they're beening shorted illegally it won't matter. JMHO.
------------------ Memphis
Posts: 134 | From: Memphis, TN, USA | Registered: Feb 2004
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