3SOF

Hi,
FORG is an uptrend...

News :
Forgent Announces Patent License Agreement With Electronics for Imaging, Inc.
License With California Based Digital Imaging and Print Management Company
10/31/2005 11:05:57 AM
AUSTIN, TX, Oct 31, 2005 (MARKET WIRE via COMTEX) -- Forgent(TM) Networks (FORG) along with its wholly owned subsidiary, Compression Labs, Inc. ("CLI"), today announced that it has concluded a Patent License Agreement ("Agreement") with Electronics For Imaging, Inc. ("EFI") (EFII) covering Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent). EFI is the world leader in digital imaging and print management solutions for commercial and enterprise printing. Other terms of the Agreement were not disclosed.
Forgent has pending litigation against approximately 40 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California. Following the filing of the litigation, six companies that were defendants have entered into license agreements.
Since its inception over three years ago, Forgent's intellectual property program has generated more than $100 million in revenues primarily from licensing the '672 Patent to more than 40 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners, and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation, and Forgent Networks, Inc.

Cf charts

Nice pop today for FORG. Went from $1.70 to $2.80 in minutes after announcing a settlement with Yahoo, then pulled back and based between 2.20-2.30 for the rest of the day. Bares watching. Not for the faint of heart, this stock can pop or drop real quick on news.

Ascending Triangle (Continuation) Pattern.....Breakout ! 
Applaud the nice pick sebfr !!! 

Support @ $2.15...2.01...1.94
Resistance @ $2.23

Technicals
MACD is Bullish
Stochastic is neutral
Percentage Gainer

Last Price Quote is:
24.33%above 13-day EMA
37.88%above 50-day EMA
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $52.94 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Perform

Press Release Source: Forgent Networks


Forgent Announces Patent License Agreement With Océ North America
Thursday December 29, 11:08 am ET


Océ to Be Dismissed From '672 Patent Litigation


AUSTIN, TX--(MARKET WIRE)--Dec 29, 2005 -- Forgent(TM) Networks (NasdaqNM:FORG - News) along with its wholly owned subsidiary, Compression Labs, Inc. ("CLI"), today announced it has concluded a Patent License Agreement ("Agreement") with Océ North America, a wholly owned subsidiary of Netherlands-based Océ N.V. (NasdaqNM:OCENY - News) covering Forgent's data compression technology embodied in U.S. Patent No. 4,698,672 (the '672 Patent), and will be dismissed from the '672 Patent litigation. Océ is a leading provider of digital document management technology and services. Other terms of the Agreement were not disclosed.


Forgent has pending litigation against approximately 40 companies for infringement of the '672 Patent in the United States District Court for the Northern District of California. Following the filing of the litigation, eight companies that were defendants have entered into license agreements.

Since its inception more than three years ago, Forgent's intellectual property program has generated more than $105 million in revenues primarily from licensing the '672 Patent to more than 50 different companies in Asia, Europe and the United States. The '672 Patent relates to digital image compression used in digital still image devices that compress, store, manipulate, print or transmit digital still images such as digital cameras, personal digital assistants, cellular telephones, printers, scanners and certain software applications. The company's patent portfolio includes the combined inventions of Compression Labs, Inc., VTEL Corporation and Forgent Networks, Inc.

About Forgent

Forgent(TM) Networks (NasdaqNM:FORG - News) develops and licenses intellectual property and provides scheduling software to a wide variety of customers. Forgent's intellectual property licensing program is related to communication technologies developed from a diverse and growing patent portfolio. Forgent's software division, NetSimplicity provides a spectrum of scheduling software that enables all sizes of organizations to streamline the scheduling of people, places and things. For additional information please visit www.forgent.com.



Contact:
          Investor contact:
     Michael Noonan
     512.437.2476
     Email Contact
     
     Media contact:
     Lee Higgins
     512.794-8600
     Email Contact
     


--------------------------------------------------------------------------------
Source: Forgent Networks

After taking a big hit a few months ago.  FORG seems to be ready to break from it's sideways movement with a close above .45.  Lots of room above

One to watch here.

Revenues doubled and positive earnings!


1.00

FORG is cheap as hell.  Even Kmart looks expensive.  lol

In at 0.82.

From the 8k:

"Fiscal First Quarter Results

Revenue was $9.1 million for the fiscal first quarter compared to $4.4 million for the 2006 fiscal fourth quarter. Overall operating expenses of approximately $2.6 million decreased by $100,000 from the prior quarter. The company reported profit of $2.7 million or $0.11 per share for the first fiscal quarter of 2007, as compared to a net loss of $0.3 million or $0.01 per share for the fourth quarter of 2006. Cash and cash equivalents were $15.0 million for the quarter.

Outlook

Forgent expects to continue to generate IP licensing revenue in the 2007 fiscal year. However, predicting the timing and amounts will be complicated because of the uncertainty of licensing negotiations and due to the ongoing litigation. In addition, we believe NetSimplicity will continue to be a growth business for Forgent."

www.sec.gov/Archives/edgar/data/884144/000110262406000352/forgentnetworksinc8.htm

Charts

Intraday bull pennant closing.  Last chance to get in before push over $1.

It just broke to the downside.  I was ready to jump on if it went the other way.

Just broke resistance at 0.91.  It should run now.

I heard the confrence call.the company seems to be on right track.I got in but at the end of the call there was only one analyst call.When the big boys are not following, movement slows.In the long run this stock should do really good

Volume has picked up again.  Should take it over $1 today.  This is a NASDAQ stock, not a BB, so fair value of $1.50-2.00 short term is very possible.

You snooze you lose.  Going higher.