posted
i listened to da dog and i got in at 7 cents. i'm glad i did. making money aside from qbid and ibzt, always welcome. ;-) come on wnmi!
IP: Logged |
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 880990
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 410660
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 232680
posted
Was going to play on a fresh message board the week but got a tremendous email response from my buds here at allstocks this weekend. I like to move around and spread the cheer to many different sites and generally only concentrate on feedin' da bones to one at a time as I'm busier dan a stray cat coverin' poop on a sidewalk. I'll stick around a few more plays.......
OSE USA, Inc.(OSEE) is the exclusive North American sales and marketing organization for Orient Semiconductor Electronics, Ltd.(OSE), a Taiwanese company and the company’s controlling stockholder . OSEE is also the exclusive North American sales and marketing organization for Orient Semiconductor Electronics Philippines, Inc.(OSEP). OSEE derives revenues from fees received on the sales of OSE and OSEP semiconductor assembly and test services to customers headquartered in North America, in accordance with a distribution agreement. The company recently completed the sale of assets of its manufacturing division to a third party company. The assets included related equipment, inventory, books and records, permits and licenses, and intellectual property, for a total of $1 million, including $500,000 in cash and a $500,000 three year note.
The trend in the industry is that most high volume production will continue moving to the low manufacturing cost areas and OSEE, with the capacities and capability provided by OSE and OSEP, can service North American customers who are seeking low cost high volume contract manufacturers in the Asia region. OSE USA, Inc. (OSEE) provides sales/distribution services for OSE and OSEP to a wide variety of customers, ranging from large multinational companies to smaller emerging technology companies, including start-ups. The company’s marketing and sales efforts are focused on North American semiconductor companies that design or manufacture IC devices which are used in applications such as personal computers, modems, disk drives and telecommunication products.
Because of the variety of design and manufacturing services offered by OSE and OSEP, the company believes that it is well positioned to offer services to customers in most market segments. The principal elements of competition in the semiconductor packaging market include delivery cycle times, price, product performance, quality, production yield, responsiveness and flexibility, reliability and the ability to design and incorporate product improvements. OSEE believes it is competitive on the basis of shorter delivery cycle times it can offer customers due to the close proximity of its affiliated manufacturing facility to its customers’ operations and the end users of its customers’ products. The company expects that average selling prices for its products by OSE and OSEP will stabilize or increase in the future if, as many industry analysts predict, the semiconductor industry has an upswing in 2004.
On April 15, 2004, OSE USA, Inc. announced the hiring of Steve Lerner as its new President. Mr. Lerner was founder and chief executive officer of Gigasys Corporation, an advanced semiconductor packaging firm specializing in System-in-Package (SIP) solutions and supplier related management services. Lerner is a recognized authority in microelectronics packaging and test foundry services with significant international experience in both Southeast Asia and Europe. Prior to his association with Gigasys Corporation, Mr. Lerner was CEO and founder of CS2, a Belgian component contract test and assembly company.
OSE USA, Inc. Chairman Edmond Tseng stated, "The Board of Directors of OSE USA welcomes Steve Lerner to spearhead the company's business development program in the North American market. The addition of Steve to our management team signals our commitment to achieve both immediate revenue goals and our strategic objective of restoring the company to profitability." Lerner responded saying, "I am very excited about joining one of the early pioneers in the SATS space, especially at a time when the company's true value relative to its peer group is largely unrecognized. What most people don't realize, is that given the diversity of OSE's mature design and manufacturing capabilities in SATS, EMS, and MEMS, the company is positioned to offer the industry's most comprehensive set of SIP solutions at both the IDM and OEM levels. I look forward to working with the OSE team in bringing this company back to its former stature as a leader in the SATS sector."
Orient Semiconductor Electronics has positioned OSE USA, Inc. to be the U.S. distributor with the goal of expanding its U.S. market. Orient Semiconductor Electronics announced November 2003 revenues of $1.41 billion (NTD), up 8 percent sequentially and up 29 percent year-over-year. The company reported that this was the fifth consecutive month that sales increased. Edward Duh, president, OSE stated, "In the semiconductor division we are seeing an increase in outsourcing from our large customers, such as Infineon, as they utilize our more advanced system-in-package (SIP)technologies." Stricter requirements for higher performance and smaller footprints in the global testing and packaging industry continue to boost demand for stacked packages, SIP, and other integrated designs that use technologies such as ball-grid array (BGA) and chip-scale according to recent analysts comments.
Savvy investors have been buying up blocks of OSEE since the recent hiring of Steve Lerner as new company president. Anyone following the trading in OSEE the past few weeks has noticed that market makers have been very reluctant to fill orders at the ask or above. With insiders owning 78% of the outstanding shares of OSEE, that leaves a very small public float. This could be a rare opportunity for the speculative investor, especially with the new rules in place restricting market makers from naked shorting stocks. If buying pressure comes in next week market makers could be forced to raise the price of shares dramatically to make it attractive for current shareholders to sell and allow the market makers to create a market. Could be a very interesting week...
############ does not receive compensation from companies we profile or from third parties… we never have and never will. We use our own money when we buy stocks, and even though we usually take a position in a stock before we profile a company, our purchases are always small relative to the public float so that the chance of having an effect on a stock’s price when we buy or sell is usually negligible. Please read our full disclaimer.
Also, contrary to a commonly held belief, ############ does not have access to insider information, nor do we want to, because trading on insider information is illegal! All information contained in our reports is available in the public record… and any written or verbal communication with company CEOs/ IR people strictly adheres to this rule. Readers are urged to read the company SEC filings and do their own due diligence before investing in this or any other stock.
Keep a close eye on this one. It could launch to a new level and the support would keep it there.....or with the great gains on Friday, a small increase could see profit taking bring the price back some. If you've got it......play it right.....if you don't..........play it smart......if you don't want it.......you should be buyin' bonds......heh heh.
------------------ Due Da Due......But Be Quick About It!!!!!
posted
With all that said and done....wipe da dreamy smile off yer mugs and get da "Beverly Hillbillies" theme song outta yer head and play this smart. Bank to be made here guys.......good luck with it!!!
------------------ Due Da Due......But Be Quick About It!!!!!
posted
got in last week at .065, sold at .10, bought again today at .075....partial fill though, only 4k....but it beats a poke in the eye with a sharp stick
IP: Logged |
posted
I would have liked to see this get down to a nickel today....but it didn't......and it looks like it should play for a nice 40%+ again today. This thing has been a great bone......pass the steak sauce!
------------------ Due Da Due......But Be Quick About It!!!!!
posted
Looks to be stable now at .075. This could be a good buy for a 25% by weeks end.
quote:Originally posted by dardadog: I would have liked to see this get down to a nickel today....but it didn't......and it looks like it should play for a nice 40%+ again today. This thing has been a great bone......pass the steak sauce!
posted
Extremely low float and people hanging onto their shares is creating this nonmovement. Hang on to em folks, they'll be forced to take the price up.
------------------ Due Da Due......But Be Quick About It!!!!!
posted
DON'T TAKE YOUR EYES OFF THIS ONE FOLKS....IF YOU GOT IN HIGH YOU COULD AVERAGE DOWN.....IF YOU MISSED THE TRAIN YOU CAN CATCH IT NOW.....CLOSED AT 0.06 ON FRIDAY AND I FEEL IT IS AT A GREAT LEVEL TO BUY.
OSE USA, Inc.(OSEE) is the exclusive North American sales and marketing organization for Orient Semiconductor Electronics, Ltd.(OSE), a Taiwanese company and the company’s controlling stockholder . OSEE is also the exclusive North American sales and marketing organization for Orient Semiconductor Electronics Philippines, Inc.(OSEP). OSEE derives revenues from fees received on the sales of OSE and OSEP semiconductor assembly and test services to customers headquartered in North America, in accordance with a distribution agreement. The company recently completed the sale of assets of its manufacturing division to a third party company. The assets included related equipment, inventory, books and records, permits and licenses, and intellectual property, for a total of $1 million, including $500,000 in cash and a $500,000 three year note.
The trend in the industry is that most high volume production will continue moving to the low manufacturing cost areas and OSEE, with the capacities and capability provided by OSE and OSEP, can service North American customers who are seeking low cost high volume contract manufacturers in the Asia region. OSE USA, Inc. (OSEE) provides sales/distribution services for OSE and OSEP to a wide variety of customers, ranging from large multinational companies to smaller emerging technology companies, including start-ups. The company’s marketing and sales efforts are focused on North American semiconductor companies that design or manufacture IC devices which are used in applications such as personal computers, modems, disk drives and telecommunication products.
Because of the variety of design and manufacturing services offered by OSE and OSEP, the company believes that it is well positioned to offer services to customers in most market segments. The principal elements of competition in the semiconductor packaging market include delivery cycle times, price, product performance, quality, production yield, responsiveness and flexibility, reliability and the ability to design and incorporate product improvements. OSEE believes it is competitive on the basis of shorter delivery cycle times it can offer customers due to the close proximity of its affiliated manufacturing facility to its customers’ operations and the end users of its customers’ products. The company expects that average selling prices for its products by OSE and OSEP will stabilize or increase in the future if, as many industry analysts predict, the semiconductor industry has an upswing in 2004.
On April 15, 2004, OSE USA, Inc. announced the hiring of Steve Lerner as its new President. Mr. Lerner was founder and chief executive officer of Gigasys Corporation, an advanced semiconductor packaging firm specializing in System-in-Package (SIP) solutions and supplier related management services. Lerner is a recognized authority in microelectronics packaging and test foundry services with significant international experience in both Southeast Asia and Europe. Prior to his association with Gigasys Corporation, Mr. Lerner was CEO and founder of CS2, a Belgian component contract test and assembly company.
OSE USA, Inc. Chairman Edmond Tseng stated, "The Board of Directors of OSE USA welcomes Steve Lerner to spearhead the company's business development program in the North American market. The addition of Steve to our management team signals our commitment to achieve both immediate revenue goals and our strategic objective of restoring the company to profitability." Lerner responded saying, "I am very excited about joining one of the early pioneers in the SATS space, especially at a time when the company's true value relative to its peer group is largely unrecognized. What most people don't realize, is that given the diversity of OSE's mature design and manufacturing capabilities in SATS, EMS, and MEMS, the company is positioned to offer the industry's most comprehensive set of SIP solutions at both the IDM and OEM levels. I look forward to working with the OSE team in bringing this company back to its former stature as a leader in the SATS sector."
Orient Semiconductor Electronics has positioned OSE USA, Inc. to be the U.S. distributor with the goal of expanding its U.S. market. Orient Semiconductor Electronics announced November 2003 revenues of $1.41 billion (NTD), up 8 percent sequentially and up 29 percent year-over-year. The company reported that this was the fifth consecutive month that sales increased. Edward Duh, president, OSE stated, "In the semiconductor division we are seeing an increase in outsourcing from our large customers, such as Infineon, as they utilize our more advanced system-in-package (SIP)technologies." Stricter requirements for higher performance and smaller footprints in the global testing and packaging industry continue to boost demand for stacked packages, SIP, and other integrated designs that use technologies such as ball-grid array (BGA) and chip-scale according to recent analysts comments.
Savvy investors have been buying up blocks of OSEE since the recent hiring of Steve Lerner as new company president. Anyone following the trading in OSEE the past few weeks has noticed that market makers have been very reluctant to fill orders at the ask or above. With insiders owning 78% of the outstanding shares of OSEE, that leaves a very small public float. This could be a rare opportunity for the speculative investor, especially with the new rules in place restricting market makers from naked shorting stocks. If buying pressure comes in next week market makers could be forced to raise the price of shares dramatically to make it attractive for current shareholders to sell and allow the market makers to create a market. Could be a very interesting week...
************ does not receive compensation from companies we profile or from third parties... we never have and never will. We use our own money when we buy stocks, and even though we usually take a position in a stock before we profile a company, our purchases are small relative to the public float so that the effect on the stock price when we buy or sell is minimal. Please read our full disclaimer.
Also, contrary to a commonly held belief, ************ does not have access to insider information, nor do we want to because trading on insider information is illegal! All information contained in our reports is available in the public record... and any written or verbal communication with company CEOs/IR people strictly adheres to this rule. Readers are urged to read the company SEC filings and do their own due diligence before investing in this or any other stock.
Good Trading... ************
------------------ Due Da Due......But Be Quick About It!!!!!
OSE USA Inc. Reports First Quarter 2004 Results Tuesday May 18, 6:00 pm ET
SAN JOSE, Calif.--(BUSINESS WIRE)--May 18, 2004--OSE USA Inc. (OTC:OSEE - News), reported its results today for the first quarter and year ended March 28, 2004. Revenues from the continuing operations were $1,023,000 and $770,000 for the first quarter ended March 28, 2004 and March 30, 2003, respectively. The Company reported a net loss from continuing operations applicable to common stockholders of ($308,000) or ($0.01) per diluted share, for the first quarter of 2004, compared with a net loss of ($778,000) or ($0.01) per diluted share, for the first quarter of 2003.
Net loss applicable to common stockholders were ($308,000) or ($0.01) per diluted share, for the first quarter of 2004, compared with a net loss of ($2,181,000) or ($0.04) for the first quarter of 2003.
The Company sold the assets of its manufacturing segment in September 2003 and currently operates in the distribution segment only. Revenue and associated cost related to the manufacturing segment have been included in the discontinued operations for the three-month periods for years 2003 and 2004. Total revenues and expenses for the years presented in the financial statements are derived from the distribution segment and classified as continuing operations.
Founded in 1992 and formerly known as Integrated Packaging Assembly Corporation (IPAC), OSE USA, Inc. has been the nation's leading onshore advanced technology IC packaging foundry. In May 1999 Orient Semiconductor Electronics Limited (OSE), one of Taiwan's top IC assembly and packaging services companies, acquired controlling interest in IPAC, boosting its US expansion efforts.
After the closure of its US manufacturing operations, the Company will focus on servicing its customers through its offshore manufacturing affiliates. OSE USA's customers include IC design houses, OEMs, and manufacturers.
OSE USA, Inc. Condensed Consolidated Balance Sheets (In thousands except share and per share data)
December 31, March 28, 2003 2004 (Unaudited) ------------ ------------ Assets Current assets: Cash and cash equivalents $591 $442 Accounts receivable, net of allowance for doubtful accounts of $8 and $14, respectively 2,237 2,452 Prepaid expense and other current assets 52 201 Assets from discontinued operations 60 54 ------------ ------------ Total current assets 2,940 3,149 Property and equipment, net 75 71 Note receivable 500 500 Intangible assets, net of accumulated amortization of $1,470 and $1,559, respectively 2,087 1,998 ------------ ------------ Total Assets $5,602 $5,718 ============ ============ Liabilities Convertible Preferred Stock and Stockholders' Deficit Current liabilities: Loan payable - related party 26,102 26,102 Accounts payable - related parties 7,014 7,350 Accrued dividends and interest on unpaid dividends 3,859 4,150 Accrued expenses and other liabilities 985 974 Liabilities from discontinued operations 1,192 1,034 ------------ ------------ Total current liabilities 39,152 39,610 Deferred gain on sale of facilities 561 527 ------------ ------------ Total Liabilities 39,713 40,137 ------------ ------------ Convertible preferred stock, $0.001 par value; 20,000,000 shares authorized; 6,023,225 (Series A: 3,000,000 shares, Series B: 3,023,225 shares) issued and outstanding; liquidation preference: Series A: $1.70 per share, Series B: $1.98 per share 11,100 11,100 ------------ ------------ Stockholders' deficit: Common stock, $.001 par value; 300,000,000 shares authorized; 56,416,212 (2002) and 56,725,808 (2003) shares issued and outstanding 56 56 Additional paid-in capital 54,458 54,458 Accumulated deficit (99,725) (100,033) ------------ ------------ Total stockholders' deficit (45,211) (45,519) ------------ ------------
Total liabilities and stockholders' deficit $5,602 $5,718 ============ ============
OSE USA, Inc. Condensed Consolidated Statements of Operations (In thousands, except per share data) (Unaudited) Three Months Ended --------------------- March 30, March 28, 2003 2004 ----------- ---------- Revenues $770 $1,023
Operating expenses: Selling, general and administrative 1,169 824 ----------- ---------- Total operating expenses 1,169 824 ----------- ---------- Operating income (loss) from continuing operations (399) 199
Interest and other income 13 0 Interest expense (118) (217) ----------- ----------
Loss from continuing operations before taxes (504) (18) Provision for taxes 2 0 ----------- ---------- Net loss from continuing operations (506) (18) Preferred stock dividends and interest on unpaid dividend 272 290 ---------------------- Net loss from continuing operations applicable to common stockholders (778) (308)
Net loss from discontinued operations (1,403) (0) ----------- ----------
Net loss applicable to common stockholders ($2,181) ($308) =========== ==========
Per share data: Net loss per share from continuing operations applicable to common stockholders - basic and diluted ($0.01) ($0.01) Net loss per share from discontinued operations - basic and diluted ($0.03) ($0.00) Net loss per share applicable to common stockholders - basic and diluted ($0.04) ($0.01) Number of shares used to compute per share data basic and diluted 56,604 56,726 =========== ==========
-------------------------------------------------------------------------------- Contact: OSE USA, Inc. Edmond Tseng, 408-383-0818
-------------------------------------------------------------------------------- Source: OSE USA, Inc.
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