[Numpy-discussion] US STOCK MARKET - MBTT Technology---MERRILL LYNCH On Sector.....gaille
824hukhq at yahoo.com
Tue Dec 30 14:52:07 CST 2003
US Stock Market - Stock Profile of the Week
Before we begin our profile we have very exciting, breaking news...
Renowned Satellite Industry Expert Dr. Arthur R. Tilford Joins MB Tech
BREAKING NEWS - (PRIMEZONE) - MB Tech, Inc. (OTC.BB: MBTT) announces that Dr. Arthur R. Tilford, formerly with Hughes Electronics (NYSE: GMH), has been retained by the Company to provide technical consulting and advisory services.
Tilford is an aerospace industry veteran responsible for a total of 11 patents and patent applications within the field, having received Hughes' Chairman's Award for DirecDuo, solo engineering efforts in 1997. He is an expert system designer and Federal Licensing and Certifying Engineer. He has authored several books, including Satellite Fieldbook Quarterly(c) -- Hughes S&C, CA, the contents of which describe all parameters of every C/Ku band geo-satellite in the world and the over 400 page Satellite Workbook(c) for use in satellite engineering classes, taught by him, at the California State University (CSUF at CSULB).
Tilford worked with Netune Communications, where he was responsible for providing transponder allocations, domestic and international link-budget calculations for narrow to very-wide-band satellite system and writing, calculating and applying for FCC and RA transmit licenses.
He also assigned parameters for RF sub-system design and is an expert in radiation hazard compliance.
Hanwook Bae, President of MB Tech, commented, ``The importance of Dr. Tilford joining the Company cannot be underestimated. He is an industry leader with numerous patents relating to antenna design and an immense knowledge of the satellite Internet market. His incredible technical knowledge will allow us to dramatically step up our new initiatives, catapulting us to the forefront of our industry.'' He added, ``This is yet another positive step forward in the overall paradigm shift for the Company. We have moved from being a manufacturer of satellite components, to a Company that will lead the consumer satellite electronics industry.''
STOCK PROFILE OF THE WEEK
MB Tech is a global manufacturer and distributor of satellite components. The primary product MB Tech produces is "LNB" (Low-Noise Blockdown) converters, which are the essential element enabling DBS satellites to receive and convert satellite transmission signals. MB Tech currently serves the satellite television market, and is expanding to serve the satellite radio and military hardware sectors. MB Tech manufactures several proprietary LNB solutions that differentiate it from competitors. MB Tech's product line includes a dual-horn LNB which allows multiple set-top boxes to be connected to a single satellite dish, enabling viewing of multiple channels simultaneously on different television monitors, and a tri-horn LNB, which provides the ability to download signals from multiple satellites over a single dish.
MB Tech has improved on conventional designs and can manufacture units more efficiently and less expensively than the competition. MB Tech specializes in LNB electronics, it is the ONLY thing we do.
An LNB converter transforms the satellite transmission into a useable signal. MB Tech has developed a special new breed of LNB converter which allows the signal to feed separate televisions or other 'boxes' with different channels. The signal coming in from one dish can be distributed through MB Tech's 'dual and triple horned' LNB converter such that multiple channels can be viewed, or different channels and Internet access can be delivered.. ALL AT THE SAME TIME!
Other technological objectives have been to develop LNB for G.P.S. equipment, and small type two horn technology as well as UBC DSS type LNB. These objectives have been achieved and the Company is currently speaking with larger American based technology companies about the technology.
MB Tech products are innovative! We rely on superior technology to be an integral part of our business. We have made a serious committment to ongoing R&D to stay ahead of the curve.
MB Tech, Inc traces its roots back to 2000 with the development of 3 types of LNB (DSS type). Continuous reinvention and rapid transformation are themes throughout our history. Led by our top-notch technology, our company offered a new breed of satellite broadcasting solutions to clients?solutions that customized LNB with 3 or 4 horns.
Click here to see our product milestones.
Within the next two years, MB Tech will spend over 80 million dollars on continuing Research and development of our products. We will continue a process of product renewal that will assure products with features and functionality that will be attractive to the market.
MDI: MERRILL LYNCH COMMENTS ON AD TRENDS IN THE MEDIA SECTOR
Merrill Lynch surveyed newspapers, TV stations and radio stations to try to understand the divergent trends between local and national advertising in the current recovery. They noted that U.S. ad expenditures tend to keep pace with or slightly outperform the economy over time. As such, the rise of media outlets should not necessarily lead to higher ad spending but most likely to market share shifts among the mediums. The surveys showed that local cable is becoming a more competitive force, but overall, they found no major structural issues impacting the dynamics between local and national ad spending.
Merrill noted that national advertisers typically base their budgets on projected economic trends and therefore can afford to spend a bit ahead of a turn in the cycle. However, local advertisers, with more limited resources, are more likely to lag in spending coming out of a recovery as they need to see an immediate return on investment. They pointed out that a better economy should eliminate the differences.
The firm believes there are many positive themes occurring with newspapers today (e.g. collaborative selling efforts, product innovation, renewed focus on readership) that are being masked by the downturn in department store spending, which appears to be secular, and the cyclical issue of help wanted, which is finally turning positive.
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