Feb

8

Daily Market Wrap

February 8, 2007 | Leave a Comment

And we go sideways again…

Today was, by and large, an incredibly boring day on the street. I’ve already directed you to the only really important news of the day…the mortgage default news from HSBC and New Century. I suggest that everyone take a look at the previous post, because its the most important thing you’ll read today about the market.

As far as OTC stocks go, RGRP.OB was the biggest winner on my list, moving up 16%. Nevertheless, I must maintain […]

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Jan

30

Daily Market Wrap

January 30, 2007 | Leave a Comment

It’s days like today that make the stock market fun. Despite the rather dull trade on the big board, today was full of interesting stories on the bulletin board. If you’re reading the blog for the first time today, I would especially highlight my profile for SCOM.OB this morning. There’s a decent amount of info there to get you started. I want to touch on a number of different stocks, so I’ll run down the list quickly.

OPBL.OB–Despite the recent price […]

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Jan

30

MDTA earnings out

January 30, 2007 | Leave a Comment

3 cents per share in FY 2006. At first glance the results are solid, but this is an ominous statement:

“FY 2006 marked the first year of profitability for the company in many years,” said Jim Barry, Megadata’s President and CEO. “However, due to the timing of both shipments to customers and the manufacturing of PASSUR units, we anticipate the 1st quarter FY 2007, while improved sharply over the corresponding FY 2006 1st quarter, will be close to breakeven.”

Frankly, that […]

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Dec

26

MDTA and UVIH trading

December 26, 2006 | Leave a Comment

Having posted several times on the trading history of MDTA, I want to draw investors’ attention today to the action in Megadata. In the past few weeks volume has been very very light, and today volume jumped to a 2 month high. I watched the tape as one purchase of 5000 shares cleared all the bids up to 3.50, thus eliminating some overhead resistance. The stock settled back down at 3.25, for an 8% gain on the day, but perhaps […]

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Dec

18

MDTA news and comments on volume

December 18, 2006 | Leave a Comment

Megadata today released the following:

GREENWICH, Conn., Dec. 18 /PRNewswire-FirstCall/ — Megadata Corporation (OTC Bulletin Board: MDTA - News) announced today that Boston Logan International Airport has deployed the PASSUR® OPSnet(TM) system, which provides best-of- breed protocols for the efficient and smooth management of an airport during irregular events such as snow and ice, lightning, and construction — as well as daily operational management. This groundbreaking Web portal is designed for instant communication, information sharing, coordinated decision-making, and resource […]

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Dec

13

MDTA and the Continental-UAL deal

December 13, 2006 | Leave a Comment

I am going to say right off the bat that I don’t think this deal has a lot of potential to happen. It makes sense as far as the companies go, but the regulators will be a problem and it would be tough for them to allow this deal to go through and then deny the Delta/USAir deal. Two major deals would be too much for competition, so in my opinion no deals will happen except amongst the little guys […]

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Dec

12

A useful read on MDTA.OB

December 12, 2006 | Leave a Comment

From the Company’s website:

http://www.passur.com/news_11_28_2005.html