SVNX - Sector:Technology --- Industry:Software & Programming

[setravis]

Up nicely today.
Breaking through the 50-day EMA

Support @ $2.06...2.59
Resistance @ $3.82...4.34...4.80

Technicals
Close Above the 13-day EMA
MACD is Bullish
Stochastic is Bullish
Percentage Gainer

Last Price Quote is:
44.48%above 13-day EMA
1.88%above 50-day EMA
RS Rating: 3  

Fundamentals
Earnings Expected on Nov 9

Key Data:
Market Cap (M): $15.45  
P/E Ratio: NA  
PEG Ratio: N/A  
Next Earnings: 11/09/2005
Last Analyst Rating: Sector Perform

[setravis]

Profile Get Profile for: 

724 Solutions Inc.
1221 State Street
Suite 200
Santa Barbara, CA 93101
Phone: 805-884-8308
Fax: 416-226-4456
Web Site: http://www.724.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Business Software & Services
Full Time Employees: 115


BUSINESS SUMMARY   
724 Solutions, Inc. engages in the design, development, marketing, and support of software products for use by mobile network operators worldwide. The company's software products enable Internet connectivity to mobile devices, as well as offers text messaging, multimedia messaging, voice services, and transactions to mobile network operators and end user customers using mobile phones and handheld computing devices. Its X-treme Mobility Suite of products for mobile network operators includes X-treme Mobility Gateway, X-treme MMS Accelerator, X-treme Service Activity Manager, X-treme Alerts Platform, and Multimedia Application Gateway products. The company also offers professional, training, technical support, and XAP application hosting services. 724 Solutions sells its software products to customers primarily through resellers and systems integrators to mobile network operators primarily in the United States, the United Kingdom, and Hong Kong. The company was incorporated in 1997 and is based in Santa Barbara, California.

[setravis]

Press Release Source: 724 Solutions


Telcordia Selects 724 Solutions' Mobile Virtual Network Operator (MVNO) WAP Gateway, Alerting Platform
Monday October 31, 8:01 am ET


SANTA BARBARA, Calif.--(BUSINESS WIRE)--Oct. 31, 2005--724 Solutions (Nasdaq:SVNX - News; TSX:SVN - News), a leading provider of next-generation IP-based network and data services, today announced that Telcordia Technologies Inc., a global provider of telecommunications software and services, selected 724's Mobile Virtual Network Operator (MVNO) Data Bundle to offer high-quality, differentiated, mobile data services as part of their Hosted Solution for MVNOs. The signing of this agreement was previously disclosed on July 5, 2005. 

Telcordia has licensed and is deploying 724's MVNO Data Bundle's Intermediation Proxy, providing WAP 2.0 gateway functionality, and the Content and VASP (Value Added Services Provider) Management solution. 724's MVNO Data Bundle allows for the management and control of traffic flow, access lists and routing for subscribers' data services, and makes it easy for each MVNO's subscribers to easily find, access and pay for premium content. The deal includes the acquisition of initial capacity and implementation services, and the opportunity to grow this over time, based upon adoption.

"Premium data services are a strategic element of differentiation and revenue streams that our MVNO customers require to capture and serve their defined target markets," said Doug Patterson, General Manager, Hosted Solutions, Telcordia. "The addition of the 724's XMG WAP gateway and XAP alerting platform into our offering, will help simplify and expedite the entry of MVNOs in the wireless market with the flexibility to offer innovative and premium data services as the market evolves."

"We are very pleased to be working with Telcordia to complement their leading hosted solution with a premium content data solution designed to give MVNOs a comprehensive platform to offer their differentiated services," said John Sims, Chief Executive Officer of 724 Solutions. "The MVNO marketplace is an important aspect of our Unwired Lifestyle(TM) vision and represents a growth market that will evolve to include a variety of targeted offerings from service providers bundling wireless with existing communications services such as cable, wireline, TV and Wi-Fi services."

724's MVNO Data Bundle and the X-treme Mobility Suite (XMS) are currently used by operators worldwide to provide MVNO services. Built on 724's X-treme Framework, which provides a modular and extensible platform, the MVNO Data Bundle meets today's service requirements and extends to meet the challenges of tomorrow's networks.

For more information, visit www.724.com.

[setravis]

Press Release Source: 724 Solutions


724 Solutions X-treme Alerts Platform Enables Volvo Ocean Race Alerts
Tuesday November 1, 8:01 am ET 
Hosted Solution Provides Real-Time Race Information via SMS and MMS to Mobile Subscribers


SANTA BARBARA, Calif.--(BUSINESS WIRE)--Nov. 1, 2005--724 Solutions (NASDAQ:SVNX - News; TSX:SVN - News), a leading provider of next-generation IP-based network and data services, today announced that its X-treme Alerts Platform is being used by Ericsson as part of the Volvo Ocean Race mobile portal. With the new service, Ericsson, in partnership with mobile network operators, will provide real-time race information, including audio interviews with boat captains, position updates, breaking news with photos and mobile blogs, to mobile subscribers via SMS and MMS.
"The Volvo Ocean mobile portal is an example of how premium, time sensitive content can be packaged and offered to a target market of mobile data subscribers, ultimately driving data ARPU," says John Sims, Chief Executive Officer of 724 Solutions.

This service will leverage 724's existing relationship with Ericsson, under which Ericsson already provides several mobile network operators a cost-effective means to rapidly deliver differentiated multimedia content to mobile data portals.

The X-treme Alerts Platform is a standards-based alerting platform that allows mobile network operators, mobile virtual network operators, content providers and hosted solution partners to rapidly introduce highly personalized, permission-based SMS or MMS alerts to subscribers.

The Volvo Ocean Race has taken place every four years since its inception in 1973. For more info please visit: www.volvooceanrace.org

[fous]

Hey Setravis just though i would let you know im already running a thread on this pick 

Man its really takin off today  !!

http://www.3stocksonfire.org/trading/index.php?topic=3318.0

-fousc

[setravis]

Hey Setravis just though i would let you know im already running a thread on this pick

Man its really takin off today !!

http://www.3stocksonfire.org/trading/index.php?topic=3318.0

-fousc

I will Applaud you for the pick on SVNX....

[fous]

Thanks Setravis i appreciate it

-fousc

[setravis]

Continuation of the move north.

[setravis]

Got some action going on....
+17.94%.......Volume @.........153,256

[setravis]

Another nice day for this one.

Support @ $4.73...3.88...3.09
Resistance @ $6.09...6.96...7.70

Technicals
Gap Up
Percentage Gainer
MACD is Bullish

Last Price Quote is:
87.85%above 13-day EMA
51.46%above 50-day EMA
RS Rating: 22 

Fundamentals
Earnings Expected on Nov 9

Key Data:
Market Cap (M): $15.45 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/09/2005
Last Analyst Rating: Sector Perform

[Leaira]

I sold my SVNX today at 6.50.  Made over $4,000 on it!  I'm going to take some friends out to dinner tonight on me. 

Leaira

[setravis]

I sold my SVNX today at 6.50. Made over $4,000 on it! I'm going to take some friends out to dinner tonight on me.

Leaira

Way to trade Leaira ! Enjoy your Dinner. Applaud. I closed out also.
Any indicator out there says this is a short at this point.
News is not that good,way overbought.

Support @ $4.75...4.34...3.86...3.28
Resistance @ $6.09...6.96...7.70...8.51
MACD is bullish
Stochastic is bullish

Recent CandleStick Analysis
Very Bearish
Nov-04-2005 Inverted Hammer 


Technicals
Last Price Quote is:
93.00%above 13-day EMA
55.62%above 50-day EMA
RS Rating: 27 

Fundamentals
Earnings Expected on Nov 9

Key Data:
Market Cap (M): $15.45 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 11/09/2005
Last Analyst Rating: Sector Perform