GGBM - News and Analysis from Seeking Alpha 'GGBM' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/symbol/ggbm Gigabeam: A High-Stakes Gamble on Wireless Bandwidth http://seekingalpha.com/article/43438-gigabeam-a-high-stakes-gamble-on-wireless-bandwidth?source=feed 43438 Gigabeam Corp. (Nasdaq: GGBM) – the number of shares of GGBM that changed hands that day. Gigabeam has only 6.55 million shares outstanding and its market cap is now about $33 million.

After sleeping through most of 2007 at under $3.00, with daily volume rarely topping 30,000 shares, GGBM suddenly soared like a doped cyclist powering up a mountain in the Tour de France. From a $2.80 close on the previous Friday, it jumped to $4.85 on Monday, peaked mid-day Wednesday at $7.06 (a 152% increase from Friday’s close,) and has since coasted back to close at $5.02 on July 31. Its all-time high was $13.80 in April 2006.

]]> Fri, 03 Aug 2007 04:29:33 -0400 SmallCapInvestor.com Gigabeam Corp. (Nasdaq: GGBM) – the number of shares of GGBM that changed hands that day. Gigabeam has only 6.55 million shares outstanding and its market cap is now about $33 million.

After sleeping through most of 2007 at under $3.00, with daily volume rarely topping 30,000 shares, GGBM suddenly soared like a doped cyclist powering up a mountain in the Tour de France. From a $2.80 close on the previous Friday, it jumped to $4.85 on Monday, peaked mid-day Wednesday at $7.06 (a 152% increase from Friday’s close,) and has since coasted back to close at $5.02 on July 31. Its all-time high was $13.80 in April 2006.


Complete Story »]]> GGBM SmallCapInvestor.com GigaBeam Corporation Soars Despite Market Weakness http://seekingalpha.com/article/42184-gigabeam-corporation-soars-despite-market-weakness?source=feed 42184 The Company is making solid progress in their strategy to penetrate major metropolitan areas with next generation wireless technology able to bypass existing telecom infrastructure at speeds equal to 1000 DSL lines, known as WiFiber. WiFiber is similar to terrestrial fiber in terms of speed and reliability, yet has a substantial advantage because WiFiber can be rapidly deployed at a fraction of the cost of terrestrial fiber. Last Friday they announced "milestone orders" accounting for 24 additional WiFiber links for use in the Western United States. Yesterday, they announced an order for four additiional WiFiber links for their South African reseller. The Company has also announced recent orders in several US regions, the Middle East and Europe.

Based on this week's action, traders are expecting big things out of Gigabeam. The stock closed at $5.93 yesterday, up 22% on an otherwise massacre of a day on the Nasdaq. Last Friday, Gigabeam closed at $2.80 and had traded between $2.06 and $9.55 in the last 12 months. Gigabeam also has a very low float of 6.5 million shares and traded 4.6 million shares today , so don't go crazy and buy 100,000 shares or anything. Also of note, Gigabeam had just regained Nasdaq compliance by naming an independent director and audit committee member in early July. Their previous independent director resigned in the first quarter.

Current GigaBeam partners and customers include Google, Verizon, ING, Sprint, The Department of Defense, as well as several cities and universities such as San Francisco and Boston University. The DoD made a follow on order through a reseller in May and I would expect them to be a pretty picky wireless customer.

]]> Wed, 25 Jul 2007 03:43:54 -0400 Salo The Company is making solid progress in their strategy to penetrate major metropolitan areas with next generation wireless technology able to bypass existing telecom infrastructure at speeds equal to 1000 DSL lines, known as WiFiber. WiFiber is similar to terrestrial fiber in terms of speed and reliability, yet has a substantial advantage because WiFiber can be rapidly deployed at a fraction of the cost of terrestrial fiber. Last Friday they announced "milestone orders" accounting for 24 additional WiFiber links for use in the Western United States. Yesterday, they announced an order for four additiional WiFiber links for their South African reseller. The Company has also announced recent orders in several US regions, the Middle East and Europe.

Based on this week's action, traders are expecting big things out of Gigabeam. The stock closed at $5.93 yesterday, up 22% on an otherwise massacre of a day on the Nasdaq. Last Friday, Gigabeam closed at $2.80 and had traded between $2.06 and $9.55 in the last 12 months. Gigabeam also has a very low float of 6.5 million shares and traded 4.6 million shares today , so don't go crazy and buy 100,000 shares or anything. Also of note, Gigabeam had just regained Nasdaq compliance by naming an independent director and audit committee member in early July. Their previous independent director resigned in the first quarter.

Current GigaBeam partners and customers include Google, Verizon, ING, Sprint, The Department of Defense, as well as several cities and universities such as San Francisco and Boston University. The DoD made a follow on order through a reseller in May and I would expect them to be a pretty picky wireless customer.


Complete Story »]]> GGBM Salo GigaBeam's Order Book, Partnerships Give Reason To Buy (GGBM) http://seekingalpha.com/article/8272-gigabeam-s-order-book-partnerships-give-reason-to-buy-ggbm?source=feed 8272 no compelling reason to buy Gigabeam Corp. (GGBM.PK), a manufacturer of wireless point-to-point communications equipment designed to operate in the 71-76 GHz and 81-86 GHz radio spectrum bands, which were authorized by the FCC, in October 2003, for commercial use.

At the time, our investment thesis argued that: "although the ability of GigaBeam’s management team to integrate its WiFiber architecture with component suppliers was impressive, the backbone of corporate to bring costs in line and to reach breakeven or profitability was equally unimpressive."

Looking ahead, we went on to say, "GigaBeam was but one of many WiFiber companies with cost-efficient “bridging]]> Tue, 28 Mar 2006 06:04:32 -0500 10Q Detective David Phillips (10Q Detective) submits: On February 15, 2006, with the stock selling at $9.00 per share, we said that there was no compelling reason to buy Gigabeam Corp. (GGBM.PK), a manufacturer of wireless point-to-point communications equipment designed to operate in the 71-76 GHz and 81-86 GHz radio spectrum bands, which were authorized by the FCC, in October 2003, for commercial use.

At the time, our investment thesis argued that: "although the ability of GigaBeam’s management team to integrate its WiFiber architecture with component suppliers was impressive, the backbone of corporate to bring costs in line and to reach breakeven or profitability was equally unimpressive."

Looking ahead, we went on to say, "GigaBeam was but one of many WiFiber companies with cost-efficient “bridging
Complete Story »]]> GGBM 10Q Detective