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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (793)8/24/2005 3:18:07 PM
From: Jibacoa   of 1404
 
AIRN Is moving up today on moderate volume of 328,560 which is already ahead of yesterday's.

It announced on Monday that it was starting a 6 month WiMAX trial in the UK to evaluate the delivering broadband using PIPEX's WiMAX spectrum and AIRN WiMAX products.

AIRN, which is based in Boca Raton, FL reportedly has more than $1/shr in cash and no significant LTD.

The stock is up only a moderate 4.5% and it needs to close above 5.30 to get off its recent downtrend.

bigcharts.marketwatch.com

The revenues have increased 79% and 11% on each of the first 2 Qs and the loss for the 6 months stands at $0.25/shr vs. $0.27/shr in 2004.(However,on the 3rdQ in 2004 it had good revenues and smaller loss and it is questionable if the results in the remaining 2Qs will be able to beat last year's.

The consensus price target for the next 12 months is around $8

bigcharts.marketwatch.com

Bernard
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