Markets

Watch List for Monday 5-9-2005

TEDG - http://biz.yahoo.com/bw/050426/265607.html?.v=1 This past Friday, I profiled TEDG and their cellular phone technology that would use WiMAX networks to transfer calls over the internet. An article just came out stating that Intel, the world's largest chip maker would be pushing WiMAX, which would provide high speed data over areas as large as a small city, as a way to spread cheap yet ubiquitous wireless broadband access. Intel is hoping to replicate the success it had in popularizing the short-range wireless WiFi standard popular in airports, coffee shops, and homes.
What does this mean for TEDG? With the expansion of WiMAX networks to cities and rural areas, the setup for TEDG's cellular system will be very easy. I believe TEDG could get very big very fast. Could TEDG be the next sleeping Cisco?
The CEO of Intel stated that, "Most of us who have DSL or cable at home do not have good broadband but kind of half-ass broadband, which doesn't really allow for good streaming video or that kind of stuff." With Intel's muscle behind the WiMAX push, some 240 companies have joined the industry group developing WiMAX standards and equipment. Sprint Corp., and Intel said on Thursday they would cooperate on WiMAX tests. Full article at: http://story.news.yahoo.com/news?tmpl=story&cid=582&e=2&u=/nm/20050506/wr_nm/tech_intel_wimax_dc
************
NWKI - Newshttp://biz.yahoo.com/prnews/050506/laf065.html?.v=5 Network Installation Announces Record Annual Revenue for 2004; Record Current BacklogIRVINE, Calif., May 6 /PRNewswire-FirstCall/ -- Network Installation Corp. (OTC Bulletin Board: NWKI - News, NWKIE - News) announced its financial results for fiscal year 2004. The Company also announced a change in its revenue recognition policy from the 'Completed Contracts Method' to the 'Percent Completed Method'. Network Installation recorded record revenue of $1,889,739 for the year ended December 31, 2004. Net loss for the year ended December 31, 2004 was (.19) per share. The Company's complete results are available on its Form 10-KSB for the period ending December 31, 2004.
************
SSBN - Forming Basehttp://finance.yahoo.com/q/bc?s=SSBN.OB&t=5d&l=on&z=m&q=l&c= Based in Los Angeles, California, Sunset Brands, Inc. is poised to become a category leader in the high-growth better foods and nutrition categories through the rapid expansion of product lines and the acquisition of appealing nutritional content, healthy, natural/organic and functional food brands.

posted by Juan Dosil @ 11:21 PM