3SOF

Still holding this 'value' play. Q2 earns released with $10M in revs. An interesting letter to shareholders from the CEO is here:
http://www.newmarkettechnology.com/newsreleases/20050816_1.htm

More good contract news out of China for NMKT, one day soon this stock is going to correct to reflect its true value.

DALLAS--(BUSINESS WIRE)--Aug. 25, 2005--NewMarket Technology Inc. (OTCBB:NMKT)
today announced entering into an agreement to begin transitioning existing
technology service contracts from Huali Group starting September 1. The
transition is anticipated to be completed by October 1 when NewMarket will begin
to service the full $24 million annual service contract.

NewMarket and Huali are entering into a Joint Venture in China to be controlled
by NewMarket. Huali is contributing the service contracts to the Joint Venture
and both parties are contributing a modest amount of operational funds.
NewMarket is also committing to develop a portfolio of new products to be sold
through the Joint Venture.

The objective of the Joint Venture is to expand the services currently offered
to this existing base of clients previously established by Huali. NewMarket
intends to develop a portfolio of propriety emerging technology products that
will be piloted to the current Huali customer base. NewMarket will build the
portfolio through an acquisition strategy in China. NewMarket will leverage
the equity of its wholly owned subsidiary NewMarket China, Inc., a
Nevada corporation, to acquire proprietary emerging technology companies
in China. Sales and balance sheet performance of the Joint Venture will be
consolidated into NewMarket's overall financial performance.

NewMarket recently announced a scheduled Trade Mission to China on October 26
for interested investors and information technology (IT) professionals. Trade
Mission participants will have the opportunity to see first-hand the Huali
business, in addition to NewMarket's other business developments. Interested
investors and IT professionals can receive more information on the details of
the trade mission by contacting Rick Lutz at 404-261-1196 or
[email protected]

Does anyone follow this stock?  I'm for the most part a technical trader but I love the fundamentals on this stock.  I even averaged down on this one and I never do that.  And it still goes nowhere.  Any input would be appreciated.

I like the fundamentals too, one day it will pop, but its dead money till that day

http://www.3stocksonfire.org/trading/index.php?topic=977.0

Some news just in:

2005-10-20 11:15:01 

NewMarket China and China Putian ($7.2 Billion in Sales) to Host Telecom Next Generation Network Investor Conference in Beijing November 2nd 

Business Editors / Technology Editors

DALLAS--(BUSINESS WIRE)--Oct. 20, 2005--


NewMarket and Putian Already Partnered in Latin America with $85
Million Sales Pipeline and Planning Global Developing Economy
Expansion

NewMarket China Inc. (NMC) and China Putian will host a
Telecommunications Industry Next Generation Network Investor
Conference in Beijing on November 2nd.
NewMarket China is a subsidiary of NewMarket Technology Inc.
(OTCBB:NMKT). NMKT launched the subsidiary in China earlier this year
to expand its Systems Innovation business model that has built the
Company from $2.3 million in 2003 revenue to a profitable $60 million
annualized revenue run rate today. NewMarket was recently named in the
Deloitte Technology Fast 500 as the 13th fastest growing high tech
company in North America.
Putian is one of China's largest technology companies, making
telecommunications products including switching systems, mobile
communications equipment, fiber optic equipment and other networking
products. Putian partnerships include major telecommunications firms
such as Nortel Networks (NYSE:NT), Texas Instruments (NYSE:TXN), Nokia
(NYSE:NOK), Motorola (NYSE:MOT), and Ericsson (Nasdaq:ERICY).
On November 2nd, NewMarket and Putian will present an overview of
Next Generation Network technologies to investors from North and South
America. The presentation will include a briefing on NewMarket's and
Putian's telecommunication technologies currently in production and
the strategy for establishing a market leadership position in the
rollout of Next Generation Network solutions. Central to the strategy
to be addressed will be a discussion on how the global developing
economic markets play prominently in the future of Next Generation
Networks.
"Communication technology will be the single greatest source of
corporate and government efficiency, as well as marketing
differentiation for at least the next decade," claimed Philip Verges,
CEO and Chairman of NewMarket Technology Inc. "The widely recognized
operational savings of Voice over Internet Technology (VoIP) are only
the beginning of the efficiencies that can be garnered from emerging
communication technologies. The cost and productivity efficiencies to
be realized from enabling the smart communications between enterprise
and device software applications will dwarf the overall voice
communication efficiency opportunity. This enrichment of consumer
product and services with complementary communication
technology-enabled differentiating services will revolutionize the
marketing discipline as we know it today. OnStar(TM) and credit cards
at the pump are very early examples of how communication technologies
create complementary communication technology-enabled differentiating
services."
Mr. Verges further noted, "The geographic region where we will see
the earliest adoption of the most advanced communication technology
innovations will be in the developing economic regions of the world.
Per capita income varies in direct proportion to per capita
communication access. Developing economic regions have generally low
per capita communication access and, therefore, have little incumbent
communication infrastructure. Developing economic regions investing in
communication infrastructure to stimulate economic growth will
leapfrog past today's prevalent communication technology solutions."
Prior to planning and developing the Investor Conference,
NewMarket and Putian have already been working together for several
months under a formal partner agreement and business plan to market
and sell Putian telecommunications technologies in the Latin America
region. An active sales pipeline of $85 million in potential Putian
sales has already been developed in the Oil and Gas and Wireless
Communications industries.

About China Putian

A State-owned enterprise directly under the State Capital
Supervision Management Committee of the State Council, China Putian is
one of the largest telecommunication equipment manufacturers in China.
Its product portfolio includes both fixed and mobile communications
and holds a strong market position in application services,
information terminal products, industry informationalization,
peripheral equipment, as well as electronic devices and components. It
also has complete strategy and industry preparedness in emerging
technologies such as 3G end-to-end solutions covering WCDMA, CDMA2000,
TD-SCDMA and Next Generation Network (NGN). More information about
China Putian can be found on the web at www.china-putian.com.

About NewMarket Technology Inc. (www.newmarkettechnology.com)

NewMarket Technology Inc. is a Systems Innovation Company.
NewMarket has combined a traditional systems integration and support
services capacity with a specialized asset-based approach to assisting
its clients with the delicate balance between maintaining legacy
systems and gaining a competitive edge from the latest technology
innovations. NewMarket provides certified integration and maintenance
services to support the prevailing industry standard solutions to
include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO) and Sun
Microsystems (Nasdaq:SUNW). At the same time, NewMarket continuously
seeks to acquire undiscovered emerging technology assets to
incorporate into an overall product portfolio carefully packaged to
complement the prevailing industry standard solutions. NewMarket's
emerging technology portfolio includes products for the
Telecommunications, Healthcare, Homeland Security and Financial
Services industries. NewMarket delivers its portfolio of products and
services through its global network of Solution Integration
subsidiaries in North America, Latin America, China and Singapore. As
a Systems Innovator, NewMarket has set itself apart from the systems
integration market through the introduction of a technology business
model that monetizes the value of emerging technologies to improve
corporate profits and enhance shareholder value with the regular issue
of dividends.

.

  More good news......

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2005%5C10%5C21%5C71560269.html%26clientid%3D168%26provider%3DBUSINESS_WIRE&symbol=NMKT

I had this one earlier this year.  Bought at $.47 and sold @ $.60.

I'm in at $.405

Here's the updated chart.

Good news :
NewMarket Technology Inc. Expects Rapid Revenue Growth in China from Recent $24 Million Agreement; Anticipated 500% Growth in Q4 '05 over Q3 '05; NewMarket Revenue Growth in China to Continue in 2006 with Software and IT Outsourcing
11/8/2005       

DALLAS, Nov 08, 2005 (BUSINESS WIRE) --
NewMarket Technology Inc. (OTCBB:NMKT) today announced anticipated rapid revenue growth from its operations in China with 500% growth expected in Q4 '05 over Q3 '05. NewMarket Technology launched NewMarket China (NMC) earlier this year and recently announced entering into an agreement with a local Chinese firm that will result in $24 million in recurring annual revenue from NMC systems integration services. Sales resulting from the recent agreement began to ramp up in the third quarter and will continue to ramp up in the fourth quarter.

NewMarket recently hosted a tour of its Chinese operations for North American software development and information technology managers interested in outsourcing software development and information technology functions in China. NewMarket anticipates continued rapid sales growth in 2006 resulting from software development and information technology outsourcing to China.

NewMarket overall has grown rapidly from $2.3 million in 2003 revenue to a profitable $60 million annualized revenue run rate today. NewMarket was recently named in the Deloitte Technology Fast 500 as the 13th fastest growing high tech company in North America.

In addition to the rapid revenue growth resulting from the recent $24 million agreement signed in China, NewMarket has also recently entered into a business development agreement with China Putian. NewMarket and Putian have been working together for several months under a formal partnership agreement and business plan to market and sell Putian telecommunications technologies in the Latin America region. An active sales pipeline of $85 million in potential Putian sales has already been developed in the Oil and Gas and Wireless Communications industries.

Putian is one of China's largest technology companies, making telecommunications products including switching systems, mobile communications equipment, fiber optic equipment and other networking products. Putian partnerships include major telecommunications firms such as Nortel (NYSE:NT), Texas Instruments (NYSE:TXN), Nokia (NYSE:NOK), Motorola (NYSE:MOT), and Ericsson (Nasdaq:ERICY).

hi,
a hammer is formed with high volume...Very good sign...Buyyyyyyyyyyyyyy
buy at 0.430
target at 0.600

 
NewMarket Technology Inc. Expects Oil Price Increases to Fuel Anticipated 500% Year-to-Year Revenue Growth in Latin America for 2005 and Momentum into 2006
Business Wire - November 10, 2005 11:24
Recent $2.4 Million SAP Consulting Contract Supporting Venezuelan Oil Production Early Indication of Revenue Growth Tied to Oil Prices


DALLAS, Nov 10, 2005 (BUSINESS WIRE) -- NewMarket Technology Inc. (OTCBB:NMKT) anticipates continued rapid revenue growth from its Latin America operations tied to the high price of oil. An early indication of the expected benefit to NewMarket's revenue growth from high oil prices comes from a recent $2.4 million NewMarket sales contract to provide SAP (NYSE:SAP) manpower and consulting services supporting Venezuela's nationalized oil production.

NewMarket entered the Latin America Systems Integration market last year through the acquisition of RKM IT Solutions, the leading Microsoft (NYSE:MSFT) partner in Venezuela. Prior to coming under NewMarket's corporate umbrella, RKM had historically booked flat annual sales of $2 million. NewMarket anticipates 500% year-to-year organic growth at RKM in 2005 with year-to-date revenues already reaching $10 million.

"Latin America's, and particularly Venezuela's, cash reserves are rapidly increasing with oil prices at historic highs," said Henryk Dabrowski, President of NewMarket Latin America. "From our recent corporate activity in contract proposals, it is clear that we will be benefiting from a very healthy business investment environment in South America. Technology investment in productivity enhancement and profitability is historically high on the list of capital expenditures when national cash balances are robust and increasing. We anticipate building our market presence in 2006 into other Latin American countries beyond the five countries in which we are currently active."

NewMarket Technology has grown rapidly from $2.3 million in 2003 revenue to a profitable $60 million annualized revenue run rate today. NewMarket was recently named in the Deloitte Technology Fast 500 as the 13th fastest growing high tech company in North America.

About Deloitte

With all the good news this stock has...it is simply amazing why is stays so low....anyone know why? 

Quote from: Buyhigh? on December 02, 2005, 10:40:07 PM
With all the good news this stock has...it is simply amazing why is stays so low....anyone know why? 

I've traded this stock a couple of times and I like the fundamentals.  However, I believe the stock remains low because of pending insider sales.  It appears NMKT came to market in October 2003.  There are regulations which prevent certain insiders from disposing of their issued shares until 2 years after issuance/ipo.  This means October 2005 would mark the commencement of the period in which such shares could be sold on the open market.  This could bring a lot of supply to the market.

Here's a link to the insider selling page:
http://finance.yahoo.com/q/it?s=NMKT.OB

It also doesn't help that mgmt had to file an 8K regarding non-reliance of past financial statements dated November 21, 2005.  This is a red-flag for book cooking.

This is only my opinion of why the price remains so low, TA aside.

poorman1

This makes for interesting reading. Especially commentary regarding stock price and company valuation:

http://www.newmarkettechnology.com/newsreleases/20051027_2.htm

Yes, Thanks Aussie...very interesting.....

NewMarket was recently recognized in the Deloitte Fast 500 as the 13th fastest growing technology company in North America. The Company has grown over 18,000% in the last five years to a profitable annualized revenue run rate today of over $60 million. Trading near a 52 week low, NewMarket has yet to be recognized by Wall Street for its respectable "fundamental" foundation highlighted by $26 million in shareholder equity