SCON

[setravis]

Nothings up IMHO, their earnings report, while improved, was nothing stellar. A young company struggling to find market share. Their ace-in-the-hole, is the large cash position it holds.
The stock has rallied nicely
A very nice looking breakout from the Ascending Triangle (continuation) Pattern.

Support @ $2.52...2.39...2.21
Resistance @ $3.00

52wk Range: 1.30 - 6.70
Volume: 510,481
Avg Vol (3m): 190,441

Technicals
MACD is Bullish
Percentage Gainer

Last Price Quote is:
12.30%above 13-day MA
32.99%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $49.31 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

[setravis]

Superconductor Technologies Q3 loss narrows


Press Release Source: Superconductor Technologies Inc.


Superconductor Technologies Inc. Announces Third Quarter 2006 Results
Thursday November 9, 4:05 pm ET


SANTA BARBARA, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Superconductor Technologies Inc. (Nasdaq: SCON - News; "STI"), a leading provider of high performance infrastructure products for wireless voice and data applications, today announced results for the quarter and nine months ended Sept. 30, 2006.


Total net revenues for the third quarter were $5.9 million, compared to $5.0 million in the second quarter of 2006 and $3.9 million in the year ago third quarter. Net commercial product revenues for the third quarter were $4.9 million, compared to $3.9 million in the second quarter of 2006 and $3.1 million in the third quarter of 2005. Government and other contract revenue totaled $1.0 million during the 2006 third quarter, compared to $1.1 in the second quarter of 2006 and $865,000 during the year ago period.

Net loss for the third quarter totaled $2.1 million, compared to a net loss of $22.7 million for the second quarter of 2006, which included a non-cash charge of $20.1 million to write-off all the goodwill from the acquisition of Conductus in December 2002, and a net loss of $3.6 million in the third quarter of 2005. Net loss was $0.17 per diluted share for the third quarter, compared to a net loss of $1.82 per diluted share in the second quarter of 2006 including the goodwill charge, and a net loss of $0.31 per diluted share in the third quarter of 2005.

"The third quarter's net commercial product revenues increased approximately 60 percent over last year, and 26 percent sequentially. We also increased our backlog by almost $1 million. Our sales efforts building strategic business relationships at key customers are beginning to show significant traction," said Jeff Quiram, STI's president and chief executive officer. "This quarter we expanded our customer base by entering into a Master Supplier Agreement with a major North American wireless carrier. We now have the opportunity to work with this carrier to optimize its RF network with our solutions and in the third quarter received our first orders. We continue to expand our total addressable markets by leveraging our existing core technology and utilizing the expertise of our technical team. For example, in October we launched the AmpLink(TM) 1700 solution for the new Advanced Wireless Services (AWS) spectrum. This solution provides a simple and cost effective method to integrate this new spectrum into the current network while continuing to enhance overall network performance. We believe our increasingly successful sales strategy combined with the continued growth of advanced wireless networks provides significant opportunity for long-term success at STI."

For the first nine months of 2006, total net revenues were $15.8 million, compared to $16.8 million for the first nine months of 2005. Net commercial product revenues for the first nine months of 2006 were $13.3 million, compared to $14.4 million in the year ago period. The company recorded $2.5 million in government and other contract revenues for the first nine months of 2006, compared to $2.4 million for the first nine months 2005. The net loss for the first nine months of 2006, which includes the non-cash goodwill impairment charge of $20.1 million, was $28.0 million, compared to $11.2 million for the prior year's first nine months. Excluding the non-cash goodwill impairment charge, net loss for the first nine months was $7.9 million. The net loss for the first nine months of 2006, including the goodwill charge, was $2.24 per diluted share, compared to $1.01 per diluted share in the first nine months of 2005.

As of Sept. 30, 2006, STI had $11.2 million in working capital, including $5.4 million in cash and cash equivalents. Commercial product backlog was $1.9 million at Sept. 30, 2006, compared to $950,000 at the end of the third quarter 2005.

Investor Conference Call

STI will host an investor conference call today at 1:30 p.m. Pacific Time, Nov. 9, 2006. The call will be accessible live by dialing 800-218-0713. International participants may dial 303-262-2138. A replay will be available until Nov. 13, 2006 by dialing 800-405-2236, pass code 11073909#. International callers may access the replay by dialing 303-590-3000, pass code 11073909#. The call will also be simultaneously webcast and available on STI's web site at http://www.suptech.com.

About Superconductor Technologies Inc. (STI)

Superconductor Technologies Inc., headquartered in Santa Barbara, CA, is a leading provider of high performance infrastructure products for wireless voice and data applications. STI's SuperLink® solution increases capacity utilization, lowers dropped and blocked calls, extends coverage, and enables faster wireless data rates. Its AmpLink(TM) solution enhances the performance of wireless base stations by improving receiver sensitivity and geographic coverage.

SuperLink and AmpLink are trademarks of Superconductor Technologies Inc. in the United States and in other countries. For information about STI, please visit www.suptech.com.

Safe Harbor Statement

The press release contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, STI's views on future fundraising plans, profitability, revenues, market growth, capital requirements and new product introductions and any other statements identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," "goals" or similar words. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. For example, the financial results reported in this press release are based on certain assumptions and estimates made by management and are subject to adjustment prior to the filing of the company's Quarterly Report on Form 10-Q with the SEC. Other factors and uncertainties include: fluctuations in product demand from quarter to quarter which can be significant; STI's ability to diversify its concentrated customer base; the impact of competitive filter products technologies and pricing; unanticipated decreases in the capital spending of wireless network operators; and manufacturing capacity constraints and difficulties. Forward-looking statements can be affected by many other factors, including, those described in the Risk Factors and the MD&A sections of its 2005 Annual Report on Form 10-K and most recent Form 10-Q. These documents are available online at STI's website, www.suptech.com, or through the SEC's website, www.sec.gov. Forward-looking statements are based on information presently available to senior management, and STI has not assumed any duty to update any forward-looking statements.

Contact

For further information please contact please contact Investor Relations, Kirsten Chapman, [email protected], or Moriah Shilton, both of Lippert / Heilshorn & Associates, +1-415-433-3777, for Superconductor Technologies Inc.


 

[setravis]

Update this thread,to move forward and
a merger with other SCON threads will take place.

Technicals
Last Price Quote is:
0.39%above 13-day MA
19.07%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $49.31 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Neutral

Today's closing chart.
Good Trading to all and Have a nice Weekend...

[boatguy]

SCON breakout!

Missed it.

News

Superconductor Technologies Enters Into $15.0 Million Investment Agreement

http://biz.yahoo.com/pz/070822/125384.html

[boatguy]

SCON flying up 25%

If I was in I would think about taking some profit here, getting a little extended.

Just printed $3.45

[Livana]

Huge price increase today 
After last week's investment talk:


So far today:
Day's Range:   3.52 - 6.70
52wk Range:   1.35 - 3.53
Volume:              5,885,552
Avg Vol (3m):   208,821
Market Cap:   77.39M

[boatguy]

SCON flying up 25%

If I was in I would think about taking some profit here, getting a little extended.

Just printed $3.45

Wow- guess I was wrong

[Livana]

People will be taking profits today.  SCON will open around $5.50.  I'm seeing a retracement at or around $3.25 in the next few days.

[boatguy]

SCON up again. Moving through $7.5

[kslifka]

I don't get it.  I sit and watch this stock go up everyday.

[boatguy]

 

[pompano]

Hey guys check out the long term chart.  This baby has just broke through a massive longterm downtrend.  I'd be a buyer on the firt pull back.  Have a look.

[joet]

pompano I tend to agree with you, especially looking at the Volume!!!
Far and away the highest ever, 43million shares traded this week, and we still have tommorrow...  the other high vol weeks in the past 10 years hit 4 million shares!!!!
Having not had the guts to jump into these explosions late, with an RSI over 90 could you share with us what kind of pullpack you would like for an entry?
this moring it dropped 10% from ysterdays close before todays rally.

Cheers Joe

[pompano]

Hey Joet, stocks have a really difficult time breaking longterm downtrends, like SCON just did.  Like you say the volume is incredible which makes the move that much better. I am just going to evaluate day to day looking for a bounce or two off of the 9ma.  If I like the reaction I will take it from there.

Cheers

[setravis]

AFTER HOURS - TOP STORY
Superconductor to Form Joint Venture to
Manufacture and Market SuperLink Product
Superconductor Technologies Inc. (SCON) has signed a term sheet
to form a joint venture with Hunchun Baoli Communication Co. Ltd.
to focus on manufacturing and marketing SCON's SuperLink interference
elimination solution in the Chinese market by the end of 2007. In
exchange for exclusive license of the enabling technology, Hunchun
will provide manufacturing expertise and financing, with its research
and development branch in Shanghai and its marketing division in
Shenzhen. China's Ministry of Information Industry will conduct evaluations
of the SuperLink for telecom operators such as China Telecom,
China Mobile, Netcom, Unicom Railcom and Satcom. Hunchun
would receive 55% of the venture's equity and SCON to hold 45%
plus a part of royalties. Shares of SCON were up $1.17, or more than
19% in After Hours, early on Monday evening.