Sony Corp. (NYSE ADR: SNE) is facing the first consecutive annual loss of its 63-year history.

The Tokyo-based company lost $1.1 billion (98.9 billion yen) last year, and it expects to lose another $1.4 billion (120 billion yen) in its fiscal year ending March 31.  That would be Sony’s first back-to-back annual loss since the company went public in 1958.

And despite renewed optimism within its ranks, Sony still faces a plethora of challenges, including a questionable direction, cost-conscious consumers and a strengthening yen.

The onetime bellwether of the electronics industry has seen its market share crumble in almost every category: Nintendo Co. Ltd.’s (OTC ADR: NTDOY) Wii game console has supplanted Sony’s PlayStation brand, Sony has given up its lead in portable media players to Apple Inc.’s (Nasdaq: AAPL) iPod, and Samsung Electronics Co. Ltd. is now the world’s largest seller of televisions.

Hoping to turn the

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The first chapter of a colossal technological shift in the electronics industry is beginning. Displays on small televisions, iPods and smart phones are getting smaller, clearer and brighter at a rapid pace — and it will forever change the way you work and play. Simply put, it’s difficult to overstate the potential of this future multibillion-dollar market…

I’m talking about organic light-emitting diodes, or OLEDs. OLED displays are taking off in a big way. These next-generation displays are perfect for the mobile phone and personal media device markets because they are thinner than traditional displays and produce sharper images.

OLED — and active-matrix OLED — technology has now reached its tipping point. Very soon, we will begin to see OLEDs used in a vast array of electronics, including small televisions, digital cameras, netbooks, phones — the list goes on and on.

The rise of the OLED display is similar to that of the

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Companies featured in this edition of the newsletter: ACTC, CVM, CUR, DKAM, FMTI, ICLK, IMUC, IWEB, OMCM, ONEZ, SIHI, TAGS

Markets took pause from their four week run this week, as some less than encouraging economic reports coupled with profit taking led to slight declines in all of the major indices. All told, the Dow ended the week down 0.5%, surrendering 48 points to close at 9321, bringing its YTD gains to 6.2%. The Nasdaq was off 0.7%, closing at 1985, up a healthy 25.9% on the year, while the S&P 500 and Russell 2000 were down 0.6% and 1.5% respectively, paring their yearly gains to 11.2% and 12.9%.

Disappointing economic data relating to inventories and consumer sentiment soured the mood for much of the week, as worse than expected declines in retail sales, consumer sentiment, and business and wholesale inventories gave investors cause for concern. Retail sales

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Tuesday August 4, 2009

PennyOmega.com Stock Report!

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Micromet, Inc. (Nasdaq: MITI), a biopharmaceutical company developing novel, proprietary antibodies for the treatment of cancer, inflammation and autoimmune diseases, today announced the closing of its previously announced public offering of 14,000,000 shares of common stock. Micromet also announced that the underwriters for the offering have exercised in full their over-allotment option to purchase an additional 2,100,000 shares, bringing the total shares sold to 16,100,000 at a price of $5.00 per share for gross proceeds of $80.5 million. The Company received net proceeds of approximately $75.0 million, after deducting underwriting discounts and estimated offering expenses.

The Board of Directors of

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DrStockPick.com Stock Report!

Tuesday July 28, 2009

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Numerex Corp. (Nasdaq: NMRX), a leading provider of full-service, secure machine-to-machine (M2M) network services and solutions, announced today that it has reduced its outstanding debt associated with the financings in May 2006 and December 2006. The Company repaid $2 million in cash on the secured non-convertible term note and converted $1 million of outstanding debt into equity under the secured convertible term note. The Company will issue an aggregate of 226,244 shares of our Class A Common Stock in connection with this conversion on July 28, 2009. The Company’s total debt level now stands at $6.0 million after this reduction.

Synopsys, Inc. (Nasdaq: SNPS), a world

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Based in San Jose, California, Sanmina-SCI Corporation (SANM) is a supplier and manufacturer of end-to-end electronic manufacturing services (EMS) and complex electronic components like printed circuit boards (PCBs) and backplane assemblies. Yesterday, the company announced that it will release its third quarter 2009 results on July 22, 2009.

In the second quarter, Sanmina had reported GAAP revenue from continuing operations (core EMS) of $1.195 billion, which was down 34.2% year-over-year. Revenues were below the company’s guidance and our expectation. Adjusted net loss per share for the quarter was $0.06, a reversal from our expectation of net profit.

Sanmina had reported flat top-line growth in fiscal 2008 with much lower revenue in the first half of 2009. This is a result of softness across all of its end markets, and weak demand impacted by a deteriorating global economy.

The company also issued disappointing guidance for the third quarter on account of weak demand.

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PureDepth develops, licenses and supports its real-depth visual display technology through various OEMs and developers. The company today announced Yutaka (Taka) Nagata will serve as the company’s vice president and general manager in its Tokyo, Japan, office. With 40 years experience in the electronics industry, Nagata will lead PureDepth’s expansion efforts in the Japanese market.

“I’m very excited to be joining PureDepth at a time when the 3-D market is about to explode,” Nagata stated in the press release. “There are incredible opportunities to use PureDepth technology in additional gaming applications, mobile phones, and public information displays to name a few of our priority targets. In difficult economic times, it is more important than ever for manufacturers to distinguish themselves in the marketplace. PureDepth’s technology helps them do that.”

PureDepth combines its patented Multi-Layer Display (MLD) technology with 3-D effects and color to generate a lifelike view of games, data,

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A very large part of electronics production goes into consumer electronics products such as televisions; games such as the Nintendo wii, Panasonic (PC) Playstation and Microsoft (MSFT) X-Box; cell phones; personal computers; digital cameras and many toys.

In our opinion, sales this holiday season are likely to be flat, at best, with 2007. This does not bode well for Panasonic and Sony (SNE), the two major Japanese consumer electronics companies in our universe.

OPPORTUNITIES

The strongest area in 2008 has been flat panel TVs, mainly high-definition [HD] LCD sets that are 40" or larger. In anticipation of a good selling season, the manufacturers had produced significantly more sets than had been sold through the retail channels.

WEAKNESSES

Thus, there is an inventory build-up back through the supply chain as far as the LCD glass manufacturers such as Corning Glass (GLW), including the component producers like Trident Microsystems (

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Multi-Fineline Electronix, Inc. (NASD: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, recently announced the company’s financial results for its fourth fiscal quarter ended September 30, 2008. Net sales in the fourth quarter totaled $213.1 million, an increase of 27.8 percent from net sales of $166.7 million during the corresponding period one year earlier.

Net income for the fourth quarter of fiscal 2008 jumped to $7.6 million, or $0.30 per diluted share, compared to net income of $3.0 million, or $0.12 per diluted share, for the same period in fiscal 2007. For the fiscal year ended September 30, 2008, net sales increased 43.4 percent to $728.8 million and net income in fiscal 2008 climbed to $40.5 million, or $1.59 per diluted share, compared to net income of $3.0 million, or $0.12 per diluted share, in fiscal 2007.

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Circuit City Stores Inc. (CC) will close 155, or 20%, of its 566 U.S. stores by Dec. 31 and slash its domestic workforce by about 17% as the fledging electronics retailer scrambles to conserve cash and reverse six consecutive quarters of falling sales.

In the company’s Monday release, Circuit City said it is closing stores in 55 metro areas and will exit 12 markets entirely. It also said it is reducing future store openings, “aggressively” renegotiating current leases and considering “all available options and alternatives to restructure its business.”

The release also throws a lot of blame, citing “waning consumer confidence,” a “significantly weakened retail environment” and “unfavorable macroeconomic conditions.”

Circuit City also said it is waiting for nearly $80 million tax rebate it believes the federal government owes the company.

That figure is nearly twice its shrunken market cap.

“Since late September, unprecedented events have occurred in the financial and

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