posted
Well good luck to you Rob. I will keep an eye on it but don't generally like to hold that long. Is my T&S stuck? I see no trade for ZNET in 1/2 hour
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
| IP: Logged |
posted
John....Looks like some movement on ZNET... This one will be big tomorrow... I will do some more DD tonight... If u can belive I am at work.. =Having a unusually quite day today........ Good for trading I guess. I am holding my MLXO and ZNET for few days...
-------------------- This is not a recommendation to buy or sell securities. Posts: 1206 | Registered: Feb 2006
| IP: Logged |
posted
good to hear rob. looks like it's you, me, and john in the mlxo boat. lets hope it doesn't sink.
i'll do some dd on ITGI and let you know what I find. although, it probably won't be different than what you have found.
Posts: 2741 | From: Seattle | Registered: Feb 2005
| IP: Logged |
Recurring revenues of $17.2 million were driven primarily by the acquisitions of Macgregor and Plexus and include subscription based revenues generated principally from our network connectivity services, order management systems, and our analytical products. Excluding the Macgregor and Plexus acquisitions recurring revenues increased 6% to $2.6 million.
Other revenues, which included $7.8 million related to the NYSE Transaction (as discussed in “Executive Summary” above), increased $9.7 million in First Quarter 2006.
Total expenses increased $27.8 million or 56% compared to First Quarter 2005. Excluding the expenses of Macgregor and Plexus ($17.2 million), expenses from U.S Operations grew 21%.
U.S. compensation and employee benefits expense increased by $16.6 million, or 68% primarily reflecting higher headcount associated with the Macgregor and Plexus acquisitions ($8.7 million) and higher performance based compensation and employee benefits including bonuses, profit sharing and stock-based compensation. Also contributing to these costs was additional headcount related to new product development, sales and support.
Interest expense reflects the cost of our borrowings to finance the acquisitions of Macgregor and Plexus, as discussed in Note 10 to the condensed consolidated financial statements and in “Liquidity and Capital Resources”.
Other expenses increased $6.8 million or 41%, of which $5.4 million relates to the First Quarter 2006 Macgregor and Plexus acquisitions, which were not included in First Quarter 2005 results. Also contributing to the growth in other expenses were (i) higher overall business activity, (ii) higher marketing costs related to our marketing/branding efforts, and (iii) higher consulting fees, primarily related to systems and new business development activities. During First Quarter 2006, we changed our estimate of the useful life of our capitalized software from two years to three years resulting in lower software amortization expense of $0.9 million (see Note 1, “Organization and Basis of Presentation”, to the condensed consolidated financial statements and “Critical Accounting Policies and Estimates”), which partially offset these increases
Posts: 1206 | Registered: Feb 2006
| IP: Logged |
quote:Originally posted by rob_seller: FINANCIAL NEWS TODAY......
Recurring revenues of $17.2 million were driven primarily by the acquisitions of Macgregor and Plexus and include subscription based revenues generated principally from our network connectivity services, order management systems, and our analytical products. Excluding the Macgregor and Plexus acquisitions recurring revenues increased 6% to $2.6 million.
Other revenues, which included $7.8 million related to the NYSE Transaction (as discussed in “Executive Summary” above), increased $9.7 million in First Quarter 2006.
Total expenses increased $27.8 million or 56% compared to First Quarter 2005. Excluding the expenses of Macgregor and Plexus ($17.2 million), expenses from U.S Operations grew 21%.
U.S. compensation and employee benefits expense increased by $16.6 million, or 68% primarily reflecting higher headcount associated with the Macgregor and Plexus acquisitions ($8.7 million) and higher performance based compensation and employee benefits including bonuses, profit sharing and stock-based compensation. Also contributing to these costs was additional headcount related to new product development, sales and support.
Interest expense reflects the cost of our borrowings to finance the acquisitions of Macgregor and Plexus, as discussed in Note 10 to the condensed consolidated financial statements and in “Liquidity and Capital Resources”.
Other expenses increased $6.8 million or 41%, of which $5.4 million relates to the First Quarter 2006 Macgregor and Plexus acquisitions, which were not included in First Quarter 2005 results. Also contributing to the growth in other expenses were (i) higher overall business activity, (ii) higher marketing costs related to our marketing/branding efforts, and (iii) higher consulting fees, primarily related to systems and new business development activities. During First Quarter 2006, we changed our estimate of the useful life of our capitalized software from two years to three years resulting in lower software amortization expense of $0.9 million (see Note 1, “Organization and Basis of Presentation”, to the condensed consolidated financial statements and “Critical Accounting Policies and Estimates”), which partially offset these increases
I am sorry for mixing threads like this... This news release was for ITGI..
-------------------- This is not a recommendation to buy or sell securities. Posts: 1206 | Registered: Feb 2006
| IP: Logged |
posted
here's the good things... increasing volume.. the stock held on to 58% of its total gain today... solid bid support 2 MMs on .027 one at .0265.. Nite contiues to move up on the Ask.. HDSN wants this to move up... closed on an uptick
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
| IP: Logged |
posted
Guys - I bought into this at .03. No offense to anyone here but if I see this drop back down below .02 I have to sell. For the simple fact that it ran so high, and I got in so high yesterday, that if there is a pullback it could be a big one. Hope it works out for all of us.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
| IP: Logged |
posted
I was asked by a mutual friend of Matto and myself to post the following....
"Matto is out of pocket and hasn't started this yet... this will be wild when he come online!!! get your shares before the real party"
Just helping out is all.....
Chris
-------------------- Try not to become a man of success but rather to become a man of value......Albert Einstein Posts: 346 | From: Illinois | Registered: Feb 2006
| IP: Logged |
posted
Matto! got to give you mad props! again i never doubted your picks! Very nice job!
Posts: 1088 | From: Dallas, Texas | Registered: Feb 2006
| IP: Logged |
posted
The mutual friend said to post the following......
"Matto is going to buy ZNET with him being out of pocket... he hasn't put money in this yet. So... when he does the stock will continue up... so that's what I've heard and been told."
There ya go.....does that help you John?
Chris
PS....Im only copy and pasting these messages in here and not adding anything but the " " marks. Thanks!!
-------------------- Try not to become a man of success but rather to become a man of value......Albert Einstein Posts: 346 | From: Illinois | Registered: Feb 2006
| IP: Logged |
posted
I want to add that I am not trying to freak anyone out with this post........dont panic or do anything crazy. Play this just the way you know you should.......Matto will be on here in a lil bit.
Just hold your positionand dont fold! This thing is gonna go up!
Chris
-------------------- Try not to become a man of success but rather to become a man of value......Albert Einstein Posts: 346 | From: Illinois | Registered: Feb 2006
| IP: Logged |
posted
No prob John and sorry if I rattled anyone for a moment. The mutual friend said to post this.....
"was told the message about Matto doesn't "look" good... Doh, Sorry!"
SO it was a small blunder of verbage I believe. And once again ....... I too apologize for any misleading comments I may have posted.
Hang tight and hold your ground!! This will be a great day if we show dicipline and patience!
Chris
-------------------- Try not to become a man of success but rather to become a man of value......Albert Einstein Posts: 346 | From: Illinois | Registered: Feb 2006
| IP: Logged |
posted
Chris- No problem... for a minute I thought you were saying Matto was out of spending money. I would lose all hope if that were the case LOL. If somebody like Matto couldn't make it..... well you know the rest.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
| IP: Logged |
posted
Everyone is doing what they should.......HOLD!!!
GO ZNET!!!
Chris
-------------------- Try not to become a man of success but rather to become a man of value......Albert Einstein Posts: 346 | From: Illinois | Registered: Feb 2006
| IP: Logged |