Re: C R Conference Stuff, Manipulation and Buddhism
C R Conference
I had the pleasure to talk with CFO Doug Kelsall at the cocktail party the night before the conference. I found him to be a very personable and forthright guy. I also concur that, judging by the crowd at their presentation, there was abundant interest in TPRO.
I recall that the example they used in explaining the scope of the problem was that their "major food processor" client had 44 plants and 120+ private labelers. Between all these sites, they found a whopping 150 embedded devices that needed attention!
What also caught my attention was their slide showing there are 70,000 plants in the US with more than 100 employees and 100,000 utility substations. At $100K per plant and $50K per substation, they said that works out to a $12B potential market for them.
On the service end, they are hoping for 20-30,000 units of consulting @ $7K each ($100/hr with a 60% GM). They are adding 125 more to their staff over the next 9 months to help achieve this.
Lastly, between Wonderware, Square D and Fluor, for all intents and purposes, they pretty much have the entire alliance market sewn up. I mean, according to one slide, anyone that may be left represents table scraps.
Stock Manipulation
I posted elsewhere that TPRO stock is now the proverbial ball of yarn to the big cats out there. According to brokers I know, both Merrill and Goldman are heavily trading it. I know my broker, a division of Bear Stearns, is also trading it. The last time he said this happened with them was when they were trading ZITL. That's scary.
Just judging by the huge volume in relation to the float, it's obvious that people are trading the heck out of it. I fully expected the last PR to propel TPRO to 8. The fact the stock went down on news is all the more proof to me that greater forces are at work here and that trying to make sense of things, short-term, from a fundamentals point of view is futile
Buddah
You asked: Does any one how he bacame a buddah by throwing up ??
Won Hyo finally realized that true Buddhism comes from within, not the exterior world. (Blame my wife if that's the wrong answer (g) )
- Jeff |
