SMSI

[ScottishTrader]

Applaud 1reilly.

Nice breakout of Flag formation on solid volume.  This could start rallying up to $10 easily.  May take a position Monday.  Thanks for the tip off

[1reilly]

ScottishTrader
Go to the second contest final results and pull up my post on this one>it will give you my background thoughts. Back in Sept Saffeysite1 and I brought this up at 5.60 and I indicated I was long term on this one.
Here are the Street's consensus numbers for 4Q05. 7.7 mil & .10 eps. This is Vs 3Q05 revs of 6.9mil & .08 EPS. Merriman's looking for 80% rev growth for 06. I am waiting to see if this quarter comes home. If it does then I think you can expect them to meet future quidance and the street will trust the outlook. Reporting date expected to be Feb 21. Good luck

[1reilly]

For those of you with me on this one go to Marketwatch.com then go to Newsletters & research. on the front page featured is the Guru's corner. In the rising stars commentary he features six stocks, one being SMSI. His targets are 11 then 17. This stock is starting to be recognized. Just wanted to be sure you saw this news. 11 is a double for me but I won't be a seller.

[1reilly]

I'm going to bring this up again because earnings are due 2/21 after hours. Read this entire thread because I don't have time to go into detail. The street is looking for revs of 7.5 mil and eps of .10 cents. I believe this company is just getting started but this quarter must prove it to me. Should they hit these numbers and give guidance higher then I will trust this management and add to my position. 06 and 07 could be very good yr on yr growth. No major broker covers this stock and that will change as the rev sources expand . I'm long the stock and if they hit these numbers I think this stock should be in the long term portfolio David. Look at the shares outstanding, the institutional ownership, the rev expansion, the product line, the product development potential, the 6 mo. chart, and the EPS growth. Can the management team deliver? We'll find out. That's the last piece of the puzzle. I've put my money in play and hope I get to double up a winning hand.

[1reilly]

I have posted on SMSI since the stock was 5.50. If you haven't looked at it you should. I put the stock in contest 2 and posted in Jan that I thought the 11.03 high was in play. This company has long term potential. It's up 100% from my 1st post but for you fundamentalist I think you can build a strong case from here.

[1reilly]

11.87 last, next target for me 17. Hope some of you have been on this ride with me.

[1reilly]

This stock continues to impress me. Up over 100% since I first started talking about it. Take a good look at the fundamentals of this company and I think you'll see a company that has only begun to show its potential. This could be a bigger story in 06-07 than it has been in 05.

[hehe3]

SMSI IS CHANNELING UP. NICE CLOSE FRIDAY AT HIGH OF DAY.

BULLISH. ALSO IF YOU LOOK AT SWIR EARNINGS DID REALLY WELL SHOULD SEE SOME TYPE OF INCREASE ON SMSI. THE SECTOR LOOKING GOOD. IMO WE MAY SEE 12.50'S BEFORE THE EARNINGS ON APRIL 26

[1reilly]

Hope some of you are still along for this ride.

[urbanlivin]

Anyone have an opinion on SMSI?  Volume is still strong and RSI is touching 70.  A bull in a field of bears?

Ryan

[vic666]

SMSI is back in play again....break out of $16.00 this morning..which was resistance.

Excellent volume coming in and article on IBD about fundamental attractiveness of the company and it's stock...this should be seeing $20.00 very soon...at the least.

also, check this IBD article that's out today:

http://biz.yahoo.com/ibd/060629/newamer.html?.v=1

Here's a chart...nice breakout for sure! 

[1reilly]

I'm still on this horse and will soon attain my 17 target I called on April 1. What has impressed me the most is the great work this stock did in May and June. The company's fundamentals continue to improve and the street following has dramatically increased. I see this company in the mid 20s. I have been amazed that the SOF team didn't pick up on this one months ago> I quit posting on it because I felt I was wasting my time. Stick with this one it's got a great toehold in its sector and IMO has big opportunities over the next 12 months.

[boatguy]

You guys nailed this one. Great thread!!

Applauds!

[la-onda]

update, time for investing seems to be good IMO  :

Smith Micro Software "buy"
Thursday, August 03, 2006 9:24:15 AM ET
Nollenberger Capital
NEW YORK, August 3 (newratings.com) - Analyst Reginal King of Nollenberger Capital reiterates his "buy" rating on Smith Micro Software Inc (ticker: SMSI). The target price is set to $20.
In a research note published this morning, the analyst mentions that Smith Micro Software's share price declined significantly in the recent past on investor concerns regarding the contraction in the company's gross margins and decline in backlog. Rumuors regarding Smith Micro Software facing stock option backdating issues also contributed to the decline in the company's share price, the analyst adds.
http://www.newratings.com/analyst_news/article_1336838.html

&

Smith Micro Software "buy"
Friday, August 04, 2006 9:07:03 AM ET
Lazard Capital
NEW YORK, August 4 (newratings.com) - In a research note published yesterday, analysts at Lazard Capital reiterate their "buy" rating on Smith Micro Software Inc (ticker: SMSI).
The target price is set to $24.
http://www.newratings.com/analyst_news/article_1338089.html

&

Ramping at Verizon Part 1
Piper Jaffray (T. Michael Walkley) SMSI SMSI.O
Piper Jaffray & Co. Company Note
September 5, 2006
Smith Micro Software Inc. (SMSI - $13.16)
Outperform Volatility: High
August Channel Checks: Music Phone Sales Ramping at Verizon
T. Michael Walkley, Sr Research Analyst Reason for Report:
612 303-6459, [email protected] Company Update
Quan Zhang, Research Analyst
612 303-6476, [email protected]

Piper Jaffray & Co.
Piper Jaffray & Co. does and seeks to do business with companies covered
in its research reports. As a result, investors should be aware that the
firm may have a conflict of interest that could affect the objectivity of
this report. Investors should consider this report as only a single factor
in making their investment decisions.
Customers of Piper Jaffray in the United States can receive independent,
third-party research on the company or companies covered in this report,
at no cost to them, where such research is available. Customers can access
this independent research by visiting piperjaffray.com or can call 800
747-5128 to request a copy of this research.

KEY POINTS:
Channel checks indicate very strong Music Essentials Kit sales at Verizon
during August. We believe September quarter tracking at least in line with
our estimates and maintain Outperform rating.

* Based on our monthly handset channel checks (see our note entitled
"Monthly Channel Checks: New Products Gaining Traction"), we believe
Verizon accelerated sales of music enabled handsets and Music Essentials
Kits (MEKs) due to the recent launch of LG's Chocolate phone and
promotion of the CDM 8945 music enabled handset from UTStarcom for only
$30 with a free Music Essentials Kit.
* Further, with the back-to-school season, it was clear Verizon store
managers were strongly promoting its V CAST music service and enjoying
strong sales of music-enabled handsets such as the LG Chocolate phone
and the LG VX 8300.
* Our checks indicate Verizon currently offers seven V CAST Music phones
with five of these models launched during Q306, and we expect this
number to continue to grow throughout the remainder of 2006.
* Each phone Verizon offers for its V CAST music service requires its own
unique Smith Micro MEKs, and Smith Micro recognizes revenue on sales of
the kits into the market. While selling MEKs into the channel to support
phone launches could potentially create a future inventory correction,
we believe the Verizon service is in the early stages of strong growth
and do not foresee any near-term inventory issues given our expectations
of ramping music phone models and sales for the remainder of 2006.
* In fact, with our August checks indicating strong sell-through trends
for music enabled handsets, we believe our Smith Micro September quarter
estimates may prove conservative. Please see our August 30 initiation
note entitled "Addressing Wireless Data Growth Areas: Initiating With
Outperform Rating" for more details on our positive investment thesis.

[la-onda]

update part 2:

Q2 presentation:
http://www.smithmicro.com/investors/SMSI_Investor_080706.pdf

higlights are attached