Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
June 7, 2005
Have had major changes. Good management changes made. Also some major changes made on the board. Sales were way down last quarter, but have some products that are going to do well. With their new board and CEO they should do better in the US.
Have had major changes. Good management changes made. Also some major changes made on the board. Sales were way down last quarter, but have some products that are going to do well. With their new board and CEO they should do better in the US.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.610
Owned
Yes
HOLD
HOLD
June 7, 2005
Bought at $0.81 and sold 60% at $1.69 and sold more at over $4. They have a significant play, but only if they can get out there and play it which will take a lot of money. There are rumours that someone is going to come in and work with them to develop their assets. He wouldn't Buy. Good management.
Bought at $0.81 and sold 60% at $1.69 and sold more at over $4. They have a significant play, but only if they can get out there and play it which will take a lot of money. There are rumours that someone is going to come in and work with them to develop their assets. He wouldn't Buy. Good management.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$1.950
Owned
Yes
DON'T BUY
DON'T BUY
June 7, 2005
Wouldn't go near this. There are a lot of shoes that still have to fall. Revenues are declining and debt is rising, especially now that it is junk status.
Wouldn't go near this. There are a lot of shoes that still have to fall. Revenues are declining and debt is rising, especially now that it is junk status.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$30.730
Owned
No
BUY WEAKNESS
BUY WEAKNESS
June 7, 2005
One of the problems is that they have about 400 million diluted outstanding shares. On the counter side they have what could be a good play in China on gold and a play in the Phillipines. Have a lot of potential. Just became cash flow positive this quarter. Buy at $0.085.
One of the problems is that they have about 400 million diluted outstanding shares. On the counter side they have what could be a good play in China on gold and a play in the Phillipines. Have a lot of potential. Just became cash flow positive this quarter. Buy at $0.085.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$0.105
Owned
Yes
DON'T BUY
DON'T BUY
June 7, 2005
Has been on his Watch List for about 1 1/2 years. Have been very good at burning money. A wonderful sector, but it costs in incredible amount of money to use the kind of system that Ballard wants. Leery. Have to have far more revenues before he is interested.
Has been on his Watch List for about 1 1/2 years. Have been very good at burning money. A wonderful sector, but it costs in incredible amount of money to use the kind of system that Ballard wants. Leery. Have to have far more revenues before he is interested.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$4.320
Owned
No
BUY
BUY
June 7, 2005
Likes this company. Over a billion in sales. IBM (IBM-N) has bought into the company. Linux platform makes a lot of sense. Company has been spinning it's wheels for quite awhile. Doesn't like everything they've done. In a good field.
Novel (NOVL-Q)
June 7, 2005
Likes this company. Over a billion in sales. IBM (IBM-N) has bought into the company. Linux platform makes a lot of sense. Company has been spinning it's wheels for quite awhile. Doesn't like everything they've done. In a good field.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.310
Owned
Yes
STRONG BUY
STRONG BUY
June 7, 2005

(Top Short Nov 9/04. Up 44%.) Leery about real estate.

(Top Short Nov 9/04. Up 44%.) Leery about real estate.

Benj Gallander
President, Contra the Heard Investment Letter
Price
$6.250
Owned
No