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'HDTV' is no longer valid. It has changed to "HDTV.PK"

Started by setravis, December 15, 2005, 08:26:56 PM

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setravis

Press Release Source: SpatiaLight, Inc.


SpatiaLight Hires Plant Manager for South Korean Facility
Thursday August 3, 8:00 am ET 
Plant Manager Charged With Increasing Production Ramp-Up


NOVATO, Calif., Aug. 3 /PRNewswire-FirstCall/ -- SpatiaLight, Inc. (Nasdaq: HDTV - News), a leading developer and manufacturer of ultra high-resolution Liquid Crystal on Silicon (LCoS) microdisplays for the high definition television market, today announced it has hired a plant manager for its manufacturing facility in South Korea. The new plant manager will have the responsibility of increasing productivity to meet the demand of SpatiaLight's customers.


Kang Wan "Kevin" Lee (50) comes to SpatiaLight with approximately 22 years of experience in semiconductor production and sales. Most recently, Mr. Lee was Vice President of Engineering and Fab Operations at Nano-Tech Silicon India, where he supervised the first Mega Fab project in India, an 8-inch wafer with 30,000/Month capacity. Prior to his tenure at Nano-Tech Silicon India, Mr. Lee was Vice President of Sales at Donbu Anam Semiconductor, Inc., of Seoul, Korea. Mr. Lee received a M.S. in Material Science from Korea Advanced Institute of Science and Technology in 1981, and graduated with a B.S. Metallurgical Engineering from Hanyang University in Korea.

Dave Hakala, Chief Operating Officer, commented, "It is great to have K. W. Lee as part of the SpatiaLight team. Kevin has a tremendous amount of experience and understanding of the industry, and provides SpatiaLight with the needed tools to enhance the production and growth of our facility in South Korea. With our recent move to sample testing of our six million pixel 1080p imager sets, SpatiaLight has positioned itself to produce and supply commercial volumes of our exciting high definition displays."

Mr. Lee stated, "I am enthusiastic about joining SpatiaLight and look forward to working with the SpatiaLight Korea team to achieve excellence in our plant operations."

About SpatiaLight

SpatiaLight, Inc., founded in 1989, manufactures high-resolution LCoS microdisplays for use in high definition televisions and other display applications. The company manufactures its products at its production facility in South Korea. SpatiaLight is committed to developing microdisplay technologies that will be the standard for the next generation of high definition televisions and to providing OEMs with the most cost effective, high-resolution microdisplays in the industry.

For more information about SpatiaLight, please visit the Company's website at: http://www.spatialight.com .

Safe Harbor Statement

This news release includes forward-looking statements that reflect SpatiaLight's current expectations about its future results, performance, prospects and opportunities. SpatiaLight has tried to identify these forward- looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available to SpatiaLight and are subject to a number of risks, uncertainties and other factors that could cause SpatiaLight's actual results, performance, prospects or opportunities in the remainder of 2006 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks and uncertainties are outlined in the Company's filings with the US Securities and Exchange Commission, including its most recent report on Form 10-K.




--------------------------------------------------------------------------------
Source: SpatiaLight, Inc.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

MACD going positive....

Technicals
Last Price Quote is:
10.15%above 13-day EMA
8.34%above 50-day EMA
RS Rating: 27 

Fundamentals
Earnings Expected on Aug 8

Key Data:
Market Cap (M): $87.89 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 08/08/2006
Last Analyst Rating: Sell
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Press Release Source: SpatiaLight, Inc.


SpatiaLight Announces Second Quarter and Six Months 2006 Results
Wednesday August 9, 4:15 pm ET


NOVATO, Calif., Aug. 9 /PRNewswire-FirstCall/ -- SpatiaLight, Inc. (Nasdaq: HDTV - News), a leading developer and manufacturer of ultra high-resolution Liquid Crystal on Silicon (LCoS) microdisplays for the high definition television market, today reported its results for the second quarter and the six months of 2006.


For the quarter ended June 30, 2006, SpatiaLight had revenues of $59,148 as compared with revenues of $41,149 for the same period in 2005. Revenues for the six months ended June 30, 2006 were $144,842, compared to revenues of $138,908 for the same period in 2005. Net loss for the quarter was $5,304,581, or $0.13 per share, versus a net loss of $3,524,447, or $0.10 per share for the same period a year ago. The company reported a net loss of $10,937,250, or $0.28 per share, compared to $5,672,982, or $0.16 per share for the six months ended June 30, 2005.

Dave Hakala, Chief Operating Officer, commented, "We successfully transitioned SpatiaLight from a research and development company to a volume manufacturing company during the first six months of 2006. Our ability to move from 100% testing to sample testing demonstrated the commitment of SpatiaLight's management team to reaching the demands of LGE and other customers. We recognize that areas needing improvement include adding new customers to reduce our current dependence upon LGE, and to the introduction of new products. Although the second quarter was below our expectations, we are confident that recent internal steps, including the hiring of a new plant manager, will help us build credibility and shareholder value in the near-term."

Hakala added, "One significant aspect of our relationship with LGE which had previously been kept confidential is our ability to participate in the sale of the LGE light engine to other TV makers. We will either have the option of (re)selling the light engine directly to customers, or to work cooperatively with LGE to sell their engine in conjunction with our imagers. Access to the LGE light engine will enable us to work with potential customers to bring their products to market faster. We believe this approach will be well received by at least certain other Tier One producers whom LGE has worked with previously."

Webcast Details

SpatiaLight will hold a public audio webcast at 5:00 p.m. EDT on Wednesday, August 9, 2006, with management of the Company to discuss details regarding the Company's performance for the second quarter and six months 2006 and other forward-looking information. The session may be accessed at www.spatialight.com under the link for Investors. The webcast will be available for replay through the close of business on August 16, 2006.

About SpatiaLight

SpatiaLight, Inc., founded in 1989, manufactures high-resolution Liquid Crystal on Silicon (LCoS) microdisplays for use in high definition televisions and other display applications. Providing resolution of more than 6.2 million pixels, each SpatiaLight LCoS set incorporates three proprietary imagEngine(TM) microdisplays. The company manufactures its products at its facility in South Korea. The company is committed to developing microdisplay technologies that will be the standard for the next generation of high definition televisions, and to providing OEMs with the most cost effective, high-resolution microdisplays in the industry.

For more information about SpatiaLight, please visit the company's website at: http://www.spatialight.com .

Safe Harbor Statement

This news release includes forward-looking statements that reflect SpatiaLight's current expectations about its future results, performance, prospects and opportunities. SpatiaLight has tried to identify these forward- looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available to SpatiaLight and are subject to a number of risks, uncertainties and other factors that could cause SpatiaLight's actual results, performance, prospects or opportunities in the remainder of 2006 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks and uncertainties are outlined in the company's filings with the US Securities and Exchange Commission, including its most recent reports on Form 10-K/A and Form 10-Q.




--------------------------------------------------------------------------------
Source: SpatiaLight, Inc.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Earnings Released

Technicals
Percentage Gainer

Last Price Quote is:
4.08%above 13-day EMA
3.35%above 50-day EMA
RS Rating: 34 

Fundamentals
Reports Earnings

Key Data:
Market Cap (M): $108.66 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/08/2006
Last Analyst Rating: Sell
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

After the big tumble down,
Seems to have hit bottom ,oversold and may have hit bottom and 
the dead cat is bouncing.......


52wk Range: 0.23 - 3.59
Volume: 698,810
Avg Vol (3m): 363,049

Technicals
Percentage Gainer

Last Price Quote is:
40.44%above 13-day MA
-35.32%below 50-day MA
RS Rating: 2 

Fundamentals
Key Data:
Market Cap (M): $13.09 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/09/2007
Last Analyst Rating: Sell
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

cipisek


setravis

"HDTV" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.  ;D                                             
All history on a stock pick in 1 thread is awesome.   ;)                                         
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.  :( ::)                       
Thank You....and good luck with all your trades....make some $$$      ;)   
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Changed Ticker Symbol...

'HDTV' is no longer valid. It has changed to HDTV.PK. 
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

A Big Fall...
This maybe has put in a double bottom in @ 0.07...  ???

52wk Range: 0.07 - 3.10
Volume: 2,536,611
Avg Vol (3m): 2,699,750
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

pompano