Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Emcee Broadcast Products, Inc. (ECIN) -- Ignore unavailable to you. Want to Upgrade?

To: Tommy Hicks who wrote (6)	1/14/1999 12:47:00 PM
From: Aaron K. Dhiman	Read Replies (3) \| Respond to of 24

Info from the '98 Annual Report (http://www.emceebrd.com/Annual1998.pdf): On Internet Services: "EMCEE made a cash and product investment in an Internet provider, and becam a value added reseller for a co. that manufactures custom modems and develops software for high-speed Internet access. Also, last year EMCEE entered into an agreement w/an electronics manufacture<sic> from the Peoples Rpblc of China to supply its transmitters to it in semi knock-down form, which will then perform final assembly and marketing throughout China" On Poor Revenues: -many large cable tv providers are holding off on capital spending due to the occurring swith-over to digital broadcasting. To me, this represents a temporary poor environment, as certainly, in the future, these companies will actually make the transition to digital. -cancelled project in Saudi Arabia Company Strategy: -The co. recognizes that the national market for low-power tv broadcast is very limited, and has therefore, shifted into wireless transmission. has a VAR relationship with Hybrid Networks, which delivers one-way and two-way wireless high speed Internet access. co. has made an investment in an ISP, which will use EMCEE's MMDS (microwave transmission) equipment. co. has signed a joint venture w/Chinese co. that has offices in Toronto. Calls for final manufacture and assembly of EMCEE's 10-watt MMDS transmitters in China. There is huge potential in this market. co. is seeking acquisitions, joint ventures, and partnerings. ----------- Stuff I love about the co.: +Continued reduction of debt +Continued increase in Net Working Capital +Continued profits, even in difficult environment (-a lot of this is interest revenue and equity sales, however) +Long History of good products +Options to employees have an average exercise price of $5.50 (so,if they aren't adjusted down too much, there is plenty of incentive to pull the stock out of the doldrums) -------------------------- So, there appear to be many potentials to contribute to a higher share price, and there appears to be a limited down side at these levels. Aaron