Not that many people follow this board, However i thought I'd bore you folks anyways...At 20p a stock not expensive in my opinion...BATM's again i thought were a consideration, Quite rightly in the heedy old days I just couldn't afford them outright!

At only 20p the're worth it I think...cheap for the trolly...

Any holders, or followers from the heedy days...?

jules.

From the Indy on Saturday
http://news.independent.co.uk/business/market_report/story.jsp?story=445179

Traders moved into fellow telecom equipment group BATM Advanced Communications, pushing its shares 3.25p to 23.75p. "Given the re-rating we have seen at Spirent in recent weeks, a similar trend may well be on the cards at BATM", said one trader. The stock is underpinned by 11p a share of cash on its balance sheet and is expected to posts interim results next Friday.

Fly by Night

Red

The answer is NO.

Price appears to be turning positive ...suspision is BATM'S could be the silent surprise of the week...

+3% at noon...

Well tomorrow the results! I hope they are good.
Meanwhile a couple of news items I hadn't seen before.

From the Optical keyhole site:
http://www.opticalkeyhole.com/keyhole/html/cosearch.asp?coid=322&coname=BATM+Advanced+Communications+Ltd&subs=0

Looking up BVC I found these two news headlines, which I have not seen on any other less specialised news feed.

I can't read the body without subscribing & at 125 USD a week I don't think I will! Although its only 275 USD for a month.

8/25/2003 Israeli integrator Netcom Systems deal could yield $5m over 3 years for broadband specialist BATM
8/5/2003 BATM signs distributor agreement with China Wireless Communications targeting enterprise market in China

Fingers tightly crossed

Fly by Night

Red

hey RED,

Now thats looks very promising, I hope this news is popular...tomorrow/today shall we say...

:-)

Minus 13% doesn't look very good. Is this just because the rest of the market is retreating or is it time to jump. I see that a few more people are buying than selling but not a lot.

Promises, promises promises. Time they performed, broadband has boomed for 12 months but there's nothing in their figures to suggest that they're getting any real business. Too small for major telco managers to risk installing their products I'd guess.

Red, sorry my post 46 was a bit short and unfortunately has been borne out by events today - mid 20.25 (range 20.75-18.00 on 1.2mio shares traded, gapped down).

I'm a stock tape reader and my comments were based entirely on my analysis of the stock's behaviour. Sadly, I find most analysts material far too optimistic for the times in which we live and fundamental analysis on most TMT's is almost always impossible to accurately corroborate in relation to companies in these sectors but outside the ftse100 - Batm is no exception.

The Co. does have a good business model and competent management and technical excellence in its niche. Fact is Batm do not control the marketplace in which they operate.

I believe conditions will improve for them, albeit slowly. I believe Batm represents value again at 7-8p. I have no long/short lines in Batm.

Best wishes,
TomL..:>)

The Israelis are renowned for their IT skills and this contract with the Iraeli Defense Force looks promising, more so as they will be sole contractors. I am sure major telecos will buy in especially with security being so high on the agenda, furthermore they are sill very cash rich. I will stay until final results in March.

TomL
Thanks for the additional information. I thought stock tape readers were no more! Has the activity changed but with same 'title'?

I was expecting a loss maybe as much as 7 or 8p but thought the additional information was pointing to a smaller loss. A 1p loss was at the top end of my expectations (message 45), but I believed that would be quite well received. Doesn't look like it was today:-(

They seem to have enough cash in the bank for continuing operations ( about 3.9p per share at first glance).

The Telco subsidiary skould be well placed to pick up new contracts.

The trades today seemd to indicate some support. I doubt the last two trades shown were sells but I haven't had a good look at them yet.

I hope Monday will be a better day, but don't count on it!

Fly by Night

Red

It seems to be the flow, stocks going down on or after results...seen this with many recently...however we have had a good run since march/april...we cant knock that...

Will hold and forget for the moment...

jules99.

Red, no probs.

Fwiw, I find it best to look at intra-day/closing trades on stocks like these against prior day and weekly data principally because, if you get your timing right (on an inter-day basis), these kinds of stocks can yield massive profits.

Two things I do (and everyone is different, you get to know what suits you) - first, I only intra-day trade SETS ukx100 which requires a whole different trading approach than the rest which I "position" or swing trade..reason:ukx100 provide lots of liquidity during the day whereas the rest are by no means as seamless, particularly on spreads.

My "patience" money goes into non-ukx stocks when the overall mkt conditions/trend are favourable.....not so right now imo (although have been since circa mid-march and no doubt will be again)..and my holding will vary from 24 hours(a botched trade) to 18 weeks (a multi-bagger)..that's in the selection process which has to be as good as the trading approach, I hate 10 percenters but that's merely my personality..they require much more sweat.

Second, I'm ruthlessly mechanical - I have complete confidence in my own proven trading approach (you have to be, otherwise you are dead..nb word "proven") and if they are not moving in the direction of my position by the close of the following trading session or fall below the traded high/lows of my entry day, I cut the trade(s)...its your classic M&S "sale, be satisfied or return" policy.

I don't know your approach, but I used to find that if I constantly watched the screens on these kinds of stocks then that would tell me something needed a fix in either the money (line too large?), mental(why do I feel bad about this trade?) or methodology (why do I lack confidence in my trading decisions?) departments.

All the best,
TomL...:>)