I found this pattern interesting so I have put some time into doing a little DD on this one this morning and I have to say it looks very promising to me
1. LOW FLOAT IS A GOOD THING UP 27% on 500 thousand traded
2. One of its competitors Plantronics with about the same number of O/S trades on the NYSE at.
4.They had an excellent news release yesterday which could mean more profits. And I did say MORE a penny that is already making money WOW imagine that.
7. First resistance at $ 4.23 per share !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Press Release Source: Andrea Electronics Corporation Andrea Electronics Signs Licensing and Distribution Agreement with Creative Technology Ltd. Andrea VoiceCenter-TM- Digital Voice Recorder Software Application Included in New Sound Blaster Live! ADVANCED MB Online Upgrade Tuesday March 15, 8:30 am ET MELVILLE, N.Y.--(BUSINESS WIRE)--March 15, 2005--Andrea Electronics Corporation (OTCBB: ANDR - News) announced today that it has entered into a licensing and distribution agreement with Creative Technology Ltd. for its Andrea VoiceCenter(TM) digital voice recorder software application product. The product will be distributed within Sound Blaster Live! ADVANCED MB, a simple online upgrade allowing PC users with motherboard audio produced by Analog Devices, Inc. to upgrade to Sound Blaster audio quality for only US$19.99. The Sound Blaster Live! ADVANCED MB audio solution is now available for PCs equipped with the ASUS model P5P800 motherboard. The Andrea VoiceCenter(TM) is a multi-functional, digital voice recorder software application that enables recorded speech files to be applied for productivity as well as expressing personality. The digital WAV recorded files are automatically labeled and can be compressed with WMA for attachment to e-mail, used as voice memos, voice alarms (with a calendar reminder function) and even add your voice annotation to documents. The Andrea VoiceCenter(TM) also includes Andrea PureAudio(TM) noise reduction/speech enhancement technology for increasing the recording sound quality of any microphone. For more information about Andrea VoiceCenter(TM) visit www.andreaelectronics.com. For more information about Sound Blaster Live! ADVANCED MB visit www.soundblaster.com. About Creative Technology Ltd. Creative Technology Ltd. is a worldwide leader in digital entertainment products for PC users. Famous for its Sound Blaster® sound cards and for launching the multimedia revolution, Creative is now driving digital entertainment on the PC platform with products like its highly acclaimed MuVo® and Zen portable audio players. Creative's innovative hardware, proprietary technology, applications and services leverage the Internet, enabling consumers to experience high-quality digital entertainment -- anytime, anywhere. About Andrea Electronics Andrea Electronics Corporation designs, develops and manufactures audio technologies and equipment for enhancing applications that require high performance and high quality voice input. The Company's patented Digital Super Directional Array (DSDA®), patent-pending Directional Finding and Tracking Array (DFTA®), patented PureAudio®, and patented EchoStop(TM) far-field microphone technologies enhance a wide range of audio products to eliminate background noise and ensure the optimum performance of voice applications. Visit Andrea Electronics' website at www.andreaelectronics.com or call 1-800-707-5779. This press release contains certain forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties. The Company wishes to caution readers not to place undue reliance on any such forward looking statements, which reflect management's analysis only as the date made. The Company does not undertake any obligation to publicly revise these forward looking statements to reflect events or circumstances that arise after the date of such statements.
My opinion of this stock is it could be both a very good long term or short term opportunity. They have valid, needed, and new Technology that is growing more popular every day. They are already making money and profits have been increasing every year
This is strictly my opinion but I really don’t see why this stock wouldn’t be at $1.00 or more very soon It just came to the OTCBB from what I can tell on DEC. 16th from the AMEX where it was trading at over $8.50 per share.
-------------------- You Can't Win if You Don't Play
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playd this before it went otb think i'll stay away for a while ive made money never lost but i didnt like the way they handled their business
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