A new thread that may swim in hibernation for a few days or weeks as the process of evolution takes place ......

Imagine a slimmed down debt free company with one division stacked with orders and self financing with cash in the bank.

Then imagine a partner for the other division with pockets so deep that they could fund a rocket to the moon ..... and back

Dreaming of course but Tads can do that to you ..... what a gem or is that a bygone dream as well .....


ainsoph


We started the day at 4.75p mid - risk grade 583 - currently 6p - spamming posts 63 out of 140

Nice piece. I didn't realise that EDS was doing and Enron: "And in October, EDS changed the way it accounts for long-term outsourcing contracts, which investors had criticized as confusing because the method allowed EDS to book revenues before it had collected them. The change meant EDS had to take a $2.2 billion charge and revise results for the first two quarters of 2003."
The Jordan & Feld story sounds a bit too cosy.
Shan't be buying the shares!

shares mag


AGM file: Tadpole Technology (TAD)

Who goes?
Why the tadders of course the nickname for shareholders.

Are they like trekkies?
By all accounts, no. Says one long-time follower of the company: They will be there in force. They really believe the story.

Whats the latest instalment?
That the Endeavours Technology subsidiary, which provides streaming technology to desktops through AppExpress software, is on the verge of hitting it big.

How big?
BIG. The companys share price jumped 150% after Tadpole announced in January that EDS and a major US telecommunications company have agreed to become resellers of the AppExpress software.

Which US telco?
Tadpole insiders are coy. Rumours suggest MCI. Advisers to Tadpole slyly suggest that the identity of the telco could well be revealed ahead of the meeting.

Which presumably would please the Taddies?
Yes, sirree. They are a bit of a skittish lot as shown by the stock giving back about a third of its recent gains.

What do the investment pros say?
Nothing. The company has no institutional following so there are no forecasts.

Hasnt this company been around for a while?
In an earlier incarnation 10 years ago the stock soared to over 300p on the back of hopes that its high-spec laptops would be snapped up by the US military.

What happened?
The stock crashed: costs were too high; sales too low. The hardware division was finally sold in late 2002.

Why should it be different this time?
Fiscal 2003 software sales, which doubled to 3.6 million, continue to grow strongly and the second half operating loss was just 700,000.

Time & Place:
2.30pm, Tuesday 24 February at the offices of Denton Wilde Sapte, One Fleet Place, London EC4M 7WS.

Chance of Fireworks:
2 out of 4