Eagb

[rtace]

Provider of Internet protocol (IP), broadband and satellite communications products and services.

Shares OS - 28,287,677

Looks like could be starting a little run here
No new news to speak of
Chart looks good to me

Sec filing VP of administration acquiring shares

Not in as of yet, May look to take position tommorow

[Klipper22]

A few of us are in this already. Keep an eye on OLMP on the ask. He's the axe and diluting, but they have a reputation for letting a stock run. They are better about it anyway than a lot of market makers. Very nice chart.

http://stockcharts.com/h-sc/ui?s=eag...d=p82645610480

[rtace]

Thanks for the heads up

[Klipper22]

I'm still looking at these guys again. Bailed once and took the green, but looking for re-entry. I remember them when they were trading on the AMEX as EAG. AMEX ordered a r/s to increase their pps, but they eventually were delisted to BB status. I just checked SEC filings and sure enough, they've been diluting most of the year. 3, 4, 5, 10 million shares at a time. I didn't see a recent O/S count, but I believe it is still relatively low (under 100 million anyway is my guess) due to the reverse split from last year. They did just settle a lawsuit so maybe the charts have set themselves up for this to start moving again. Time will tell, but the chart does look pretty nice with Friday's dragonfly doji.

http://stockcharts.com/h-sc/ui?s=eag...d=p39442250239

[mattos90]

Down sharply today

[Klipper22]

News this morning. Going to see if it has any effect:

Eagle Broadband's Major Hospitality Customer Orders an Additional Delivery of 425 Advanced IP Video Set-Top Boxes
Thursday July 19, 7:30 am ET
IPTV Set-Top Box Features MPEG-4 (H.264) High-Definition Technology


LEAGUE CITY, Texas--(BUSINESS WIRE)--Eagle Broadband, Inc. (OTCBB: EAGB - News), a leading national provider of IPTV products and services, announced today that its leading hospitality customer has ordered an additional 425 MediaPro IP3000HD units, the newest offering in Eagle Broadband's line of IPTV set-top boxes. Delivery and associated revenue recognition are expected within the current fiscal quarter.
ADVERTISEMENT


Provided this customer continues to purchase all of the units listed in the forecast schedule included with the contract, originally announced in March, these orders will result in $6.4 million in revenue over a thirteen-month period. This same customer had previously purchased 1,000 IP3000HD units already this year: 500 units in January and 500 units in June.

The MediaPro IP3000HD is a high-definition set-top box with a compact footprint and quiet, fan-less design that delivers exceptional streaming video quality for both NTSC and PAL broadcast standards. It uses an advanced system-on-chip architecture including an integrated graphics accelerator and dedicated multimedia engines executing in parallel to deliver the highest performance 2D, 3D graphics and video capabilities with motion compensation for video playback. Capable of supporting a variety of leading middleware and video-on-demand systems, including Java Script capabilities, the MediaPro IP3000HD platform delivers the advanced content system security and digital rights management (DRM) needed by a wide variety of industries and markets. While the MediaPro IP3000HD supports both high definition MPEG-4 AVC (H.264) and MPEG-2 video standards, a similar lower cost model is also available today in a standard-definition-only format as the MediaPro IP3000SD.

"This third order from this key hospitality contract followed closely on the heels of the HITEC hospitality technology show and reflects the extremely favorable response which our customer received from their prospects by showing our IP3000HD box in their HITEC booth as part of their hospitality video solution. The strong response to their solution incorporating our box bodes well for Eagle with this and other hospitality integrators looking forward," said Brian Morrow, COO and GM of IPTV Solutions for Eagle Broadband. "We developed the IP3000HD to meet the needs and growing demand from hospitality operators for a quality IPTV set-top box with specific features at a very cost-effective price point and we are thrilled that the market, and this customer in particular, is seeing its value."

[rtace]

Tried to get in to flip this but was restricted this morning

[Klipper22]

On watch to see what it does in the am. I'm looking for it to come out strong. Time will tell.

http://stockcharts.com/h-sc/ui?s=EAG...=2&a=114604449

[lovemoney]

did you get into this today Klip?

[Klipper22]

Originally Posted by lovemoney

did you get into this today Klip?

No not today. I was in already. Thinking it might take off hard here before close. I'm going to be eliminating the risk now.