|
Hi David,
Could be. You would need to look through all
ASX announcements to locate that info.
Regards,
Cris
----- Original Message -----
Sent: Friday, April 02, 2004 1:12
PM
Subject: Re: Re: [sharechat] RE: MUL and
other technology stocks
guess one thing i would like to know is who the major
shareholders are?
Is the "smart money in this stock"
ie:microcap
investment funds,the old melb money
etc??
============================================================
From:
"Cristine Kerr" <criskerr@optusnet.com.au>
Date:
2004/04/02 Fri PM 03:08:31 GMT+12:00
To: <sharechat@sharechat.co.nz>
Subject:
Re: [sharechat] RE: MUL and other technology stocks
Karyn,
I
only had a quick look at one of the stocks you mentioned.
TNE -
TECHNOLOGY ONE LIMITED
2.2.04 - CBA on 28.1.04 DISPOSED
- 33748804
down to 28199006
8.3.04 - CBA on 3.3.04 DISPOSED
- 28,199,006 to
25,230,267 (8.45%)
15.3.04 - Ronald McLean (Director) on 12.3.04
DISPOSED
- 400,000 shares for $240,000
- NOTE: NUMBER HELD AFTER CHANGE
- ZERO
Is this your best argument for everyone to listen to your
doomsday advice and stock recommendations?
Have a great
day,
Cris
----- Original Message -----
From: Karyn
W
To: sharechat@sharechat.co.nz
Sent: Friday, April 02,
2004 12:30 PM
Subject: [sharechat] RE: MUL and other technology
stocks
Hi
What MUL do is buy bandwidth from a
satellilte owner, and onsell it in
various guises with a margin to
customers. They do not do anything
different from any other
telco or ISP, it is only the technology that is
different. If
you rang Telstra, Optus and AAPT they will all be able to
sell you
the exact same service that MUL provides.
However, whether you are a
reseller of fibre, ATM, xDSL, copper, cable, 3G,
or satellite
bandwidth, the business model is the same, the competitive
issues
are similar, the services delivered over the bandwidth identical.
The choice of delivery mechanism of these IP services depends on
availability, price, and suitability for the service. The
market for
satellite bandwidth is actually a niche one - as
landline access is now
pretty ubiquitous, and where it is not,
mobile providers are moving in (eg.
Africa, Iraq)
All
major telcos and many ISPs use satellite bandwidth in some form or
another, as it used to be a lot cheaper than buying fibre (up until the big
cables like Southern Cross came online, then the price differential
went the
other way). Nowadays the most common reason to stick
with using satellite
is to provide an alternative redundant path to
the land-based cables, ie. in
the event of Southern Cross or its
ilk being damaged, the Internet traffic
can be routed via
satellite. This is one reason why Defence services like
it -
it is less vulnerable to physical interference than land-based
transmission mechanisms.
Ihug (part of iiNet) in NZ and
Australia has been offering satellite
services since around 1996 -
http://www.ihug.com.au/getultra/satellite.html
- both at a consumer
and wholesale ISP level. However, its limitations
(such as
rain fade) have meant that it is not preferable to a land-based
technology, and therefore never really took off.
I've worked for
telcos/ISP's since 1995, so I'd like to warn people to not
be
snowed by the profilic use of technology terms, the steady stream of
press releases, announcements of "big contracts", etc because I've
seen it
all before, and I know that the reality is that they dont
mean anything! The
fact that they have to announce these things at
all (when every other
telco/ISP treats similar deals as business as
usual) just signals how
desperate they are to con the uninformed
and technology illiterate public.
(For the record, I also have
issues with the bullshit that SKG announce on a
regular basis for
the same reasons - most of the stuff is so passe now that
their
"deals" are simply copying what other providers have already been
doing for several years now. For instance, I was discussing wireless
broadband global roaming with iPass back in 2001!)
MUL is a small company, operating in a global market, with no competitive
advantage, subject to intense competitive pressures due to
oversupply, a
market dominated by large telcos with very deep
pockets, and with new
entrants (eg. 3G providers) set to erode
their market niche. That is not
to say that they are a
bad company - they may be around forever, they may
make profits and
even provide a good return on capital, but the fact is is
that in
this industry things change so quickly that crystal ball gazing is
damn near impossible - after all, a few years ago we were all certain that
grocery shopping and buying pet food online was going to be huge
too!
I am a cynic - if I saw a run of "big" announcements
followed by a director
selling out, then I'd be doing the
same!
I think David said it best ("Lets party like its 1999),
and add that "those
who do not learn from history are
condemned to repeat it".
Now on an upside - if you do want some
decent tech stocks to invest in, then
take a look at TNE, VGL, DTL
on the ASX (all pay a 5%-7% dividend) and RNS,
PVO on the
NZX. I prefer to "invest" in tech, not "speculate" - as I learnt
my lesson in the 90's and will not repeat it :-(
Karyn
_________________________________________________________________
Get Extra Storage in 10MB, 25MB, 50MB and 100MB options now! Go to
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----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
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============================================================
David
Maire
National Sales Manager
Navman Wireless
Australasia
+61416066583
Karyn,
I only had a quick look at one of the stocks you
mentioned.
TNE - TECHNOLOGY ONE LIMITED
2.2.04 - CBA on 28.1.04 DISPOSED
- 33748804 down to 28199006
8.3.04 - CBA on 3.3.04 DISPOSED
- 28,199,006 to 25,230,267 (8.45%)
15.3.04 - Ronald McLean (Director) on
12.3.04 DISPOSED
- 400,000 shares for $240,000
- NOTE: NUMBER HELD AFTER CHANGE -
ZERO
Is this your best argument for everyone to listen
to your doomsday advice and stock recommendations?
Have a great day,
Cris
----- Original Message -----
Sent: Friday, April 02, 2004 12:30
PM
Subject: [sharechat] RE: MUL and other
technology stocks
Hi
What MUL do is buy bandwidth from a satellilte owner,
and onsell it in
various guises with a margin to customers. They
do not do anything
different from any other telco or ISP, it is only the
technology that is
different. If you rang Telstra, Optus and AAPT
they will all be able to
sell you the exact same service that MUL
provides.
However, whether you are a reseller of fibre, ATM, xDSL,
copper, cable, 3G,
or satellite bandwidth, the business model is the
same, the competitive
issues are similar, the services delivered over
the bandwidth identical.
The choice of delivery mechanism of these
IP services depends on
availability, price, and suitability for the
service. The market for
satellite bandwidth is actually a niche
one - as landline access is now
pretty ubiquitous, and where it is not,
mobile providers are moving in (eg.
Africa, Iraq)
All major
telcos and many ISPs use satellite bandwidth in some form or
another, as
it used to be a lot cheaper than buying fibre (up until the big
cables
like Southern Cross came online, then the price differential went the
other way). Nowadays the most common reason to stick with using
satellite
is to provide an alternative redundant path to the land-based
cables, ie. in
the event of Southern Cross or its ilk being damaged, the
Internet traffic
can be routed via satellite. This is one reason
why Defence services like
it - it is less vulnerable to physical
interference than land-based
transmission mechanisms.
Ihug (part
of iiNet) in NZ and Australia has been offering satellite
services since
around 1996 - http://www.ihug.com.au/getultra/satellite.html
- both at a consumer and wholesale ISP level. However, its
limitations
(such as rain fade) have meant that it is not preferable to
a land-based
technology, and therefore never really took
off.
I've worked for telcos/ISP's since 1995, so I'd like to warn
people to not
be snowed by the profilic use of technology terms, the
steady stream of
press releases, announcements of "big contracts", etc
because I've seen it
all before, and I know that the reality is that
they dont mean anything! The
fact that they have to announce these
things at all (when every other
telco/ISP treats similar deals as
business as usual) just signals how
desperate they are to con the
uninformed and technology illiterate public.
(For the record, I also
have issues with the bullshit that SKG announce on a
regular basis for
the same reasons - most of the stuff is so passe now that
their "deals"
are simply copying what other providers have already been
doing for
several years now. For instance, I was discussing wireless
broadband global roaming with iPass back in 2001!)
MUL is a small
company, operating in a global market, with no competitive
advantage,
subject to intense competitive pressures due to oversupply, a
market
dominated by large telcos with very deep pockets, and with new
entrants
(eg. 3G providers) set to erode their market niche. That is not
to say that they are a bad company - they may be around forever, they
may
make profits and even provide a good return on capital, but the fact
is is
that in this industry things change so quickly that crystal ball
gazing is
damn near impossible - after all, a few years ago we were all
certain that
grocery shopping and buying pet food online was going to be
huge too!
I am a cynic - if I saw a run of "big" announcements
followed by a director
selling out, then I'd be doing the same!
I
think David said it best ("Lets party like its 1999), and add that "those
who do not learn from history are condemned to repeat
it".
Now on an upside - if you do want some decent tech stocks to
invest in, then
take a look at TNE, VGL, DTL on the ASX (all pay a 5%-7%
dividend) and RNS,
PVO on the NZX. I prefer to "invest" in tech,
not "speculate" - as I learnt
my lesson in the 90's and will not repeat
it
:-(
Karyn
_________________________________________________________________
Get
Extra Storage in 10MB, 25MB, 50MB and 100MB options now! Go to
http://join.msn.com/?pgmarket=en-au&page=hotmail/es2
----------------------------------------------------------------------------
To
remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/
----------------------------------------------------------------------------
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remove yourself from this list, please use the form
at
http://www.sharechat.co.nz/chat/forum/
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