HDTV deal with LGE means upside

Spatialight, Inc.: Rodman comments on impact of LG Electronics deal (HDTV) 5.18 -0.46: Rodman and Renshaw comments on HDTV's 3-year agreement with LG Electronics (L.E.G.). Firm believes the contract not only represents material upside to their prior model, but also validates the co's technology, which in turn should help mgmt close additional contracts, and as such are raising their 2005 est. Firm believes that the L.E.G. business could generate $60 mln in 2005 sales, on total shipments of 161K chip sets. On the China front firm expects the China business to be weighted toward the New Year there in Feb 2005, and are shifting out their expectations into 2005. For 2005, Rodman is raising revs est to $92 mln from $59 mln and raising EPS to $0.19 from $0.04.

After the news, the stock actually went down, hitting 6 yesterday. I believe the view is this changes nothing until 2005, so why move now. LGE news was out previously, w.r.t the joint work.

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Speculative Daystar (DSTI) Solar cells

Mike Tarsala's TechWatch: DayStar (DSTI) CEO interview Will white-hot solar energy stock DayStar Technologies keep on shining, or will its shares burn out after the company exercises warrants to raise cash? DayStar (DSTI, $13.55, -0.39) shares have more than doubled in a week's time, after the maker of silicon-free solar panels signed its first big contract for its unique solar sells. Some traders are now speculating about the possibility of additional deals. Yet what some newcomers to the stock may not realize is that a dilutive exercise of warrants could be imminent. DayStar went public in February '04, and sold 2.1 mln warrants at $6, and 4.2 mln warrants at $10. The $6 warrants are callable if the stock closes above $8.50 for five consecutive days. And today marks Day 5. " Clearly, the warrants are our lowest-cost way to raise capital," John Tuttle, DayStar's chief executive, told us. "The warrants have built-in dilution, so you don't have...

Test Stock chart view 1-31-26

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Time to short APOL (with puts)

It's butting up on a downtrending channel - it could rally to $68 (200dma), but it didn't move positive on a 200 pt up day today, which tells me it wants to re test the recent new lows. Navalier says BUY, while Cintron Research says SELL...

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