Dennis, at least one or two or three of the Amigos has a few IFCI shares right now.
The version of the GTNR report that was posted yesterday contained some errors. Here's a corrected version for anyone interested.
Gentner Communications Corporation
GTNR - NASDAQ SMALL CAP
Shares Outstanding: 8.12 M Float: 5.17
6 MONTH TARGET PRICE: $7.50
CONTACT: BRYCE BENSON
Investor/Media Relations
Gentner Communications Corporation
(801) 974-3786
GENERAL DESCRIPTION
Gentner Communications provides telecommunications products and services. Gentner announced in November that it would be entering the video conferencing market. In our recent introductory report on Gentner Communications we covered the basics. We mentioned how we were impressed with the Company's products, the management and the important relationships that they have developed in order to successfully evolve and secure a market niche as the market matures. Please review our initial report.
BRIEFING
* NEW PRODUCT RELEASE IS ON TRACK
* A NEWS RELEASE IN EARLY FEBRUARY WILL PRECEED THE PRODUCT RELEASE
* GENTNER HAS ALREADY RECEIVED ORDERS FOR THE NEW PRODUCT
* MANAGEMENT IS COMFORTABLE WITH AN ESTIMATED FUTURE ANNUAL GROWTH RATE OF 25%
* GTNR'S TECHNICAL PROFILE IS INDICATING A BREAKOUT
DETAILS
Gentner Communications has been succeful in identifying industry challenges, developing the right products, forging strategic alliances and planning for the future. The Company is continually developing new products and services.
The Company initially began selling products that put callers on the air for call-in talk shows. In 1991, the Company used their background in the broadcast market as a springboard for entrance into the the audioconferencing market. The broadcast market accounted for 36% of the Company's total sales and the teleconferencing market accounted for 51% of the Company's total sales during fiscal 1998. Gentner is now stating revenues as coming from either the Conferencing or RFM Divisions, as opposed to specific markets as the conferencing division deals with more than just the teleconferencing market and the RFM division is currently pursuing opportunities outside of the broadcast market.
Frost & Sullivan, an international marketing consulting company that publishes market research reports, projects the teleconferencing market to grow to over $24 billion by 2003.
frost.com
The teleconferencing market is made up of the audio, video and data conferencing segments. During fiscal 1998, the Company entered the data conferencing market by partnering with Broadband Associates. Gentner is now ready to complete it's product offerings by entering into the videoconferencing market.
The new product announced for release in Feb. is on track and a news release will preceed the release. biz.yahoo.com GTNR already has orders for the product in the "pipeline."
The new product is targeted at corporate customers at this time for corporate use. New sales can be bundled with Audio Perfect and RSIS' Codex as each of Gentner's products is modular, meaning they can be mixed and matched to work with existing audio or video systems. Mr. Benson, Investor/Media Relations for Gentner said, "of course we would prefer to have the systems sold together, however, we will not be excluded from selling just the video engine or just the audio system to complement other products such as those from PolyCom, PictureTel, RSI or Vtel."
GTNR's revenue flow is expected to increase with the addition of the video complement. The product is not PC based as is competitor PCTL's product, however GTNR would not hesitate to enter the PC market if management is convinced it would be a viable place to be.
GTNR is actively working on reseller agreements with larger companies for their products. Mr. Kent Rogers has been assigned this task as a sole focus. Mr. Rogers, as we know had been with Siemans and has a working relationship with that Company.Gentner has a history of making the right connections. When we asked about a possible link to Intel, Mr. Benson responded "that we definitely are pursuing strategic alliances with companies that will enhance shareholder value."
Mr. Benson expressed that a 25% growth rate for GTNR is reasonable without entering into the equation the possiblility of entering into the PC market and availing the company of the customer base that the internet would provide.
TECHNICAL ANALYSES PROVIDED BY THE TEXAS BOPPER
The price has formed an inverted head and shoulders during January and looks ready to
break into new high territory. Worden TC2000 data is very bullish with a BOP reading in the 87 percentile of all stocks. MoneyStream is also very strong. TSV has had a beautiful stair step slope upward for sometime but in the last two trading days it has broden below it's moving average. It is still comfortably above the zero line. Other indicators that I track are as follows: MACD's--The long, short and medium term MACD's have been correcting, but are now showing some signs of flatenning.
I would bet on north here. OBV is very strong versus it's 40 day average.Stochastics are as follows: 8/3/5 is moving up aggressively from below 20 and had a little jiggle down on Friday. 13/8/8 has turned up from around the 30 area. 233/21/34 and 377/21/89 are very bulllish.
RSI: The 4/3 has an inverted HS and is correcting. 8/3 also looks like an IHS. The 3/2 has also formed an IHS and could move up strongly from here after visiting above 80. Price ROC: The 14 day ROC has formed a double bottom and is turning up. In summary, it would appear that GTNR has a high likelihood of breaking to new alltime highs.
CONCLUSION
There are numerous opportunities in video conferencing, and Gentner is just entering the market. We are looking for the same degree of success in this new venture as the Company has already enjoyed in broadcast, data and audio conferencing. The Company has left the door open at this time for even further expansion into PC-based video conferencing |
