Eagle Broadband Exceeds Expected Revenue By 80%
I always love when one of the companies we follow makes alliances with well known names. Take a little company, Eagle Broadband for instance, that has a strong business plan, good management and a cutting edge product and you have one of the many companies out there trying to forge ahead in a competitive marketplace. BUT take that same little company and announce that they are providing services to Yum Foods, Taco Bell and Kentucky Fried Chicken and suddenly I have your attention. Doesn’t sound like such a little company anymore, does it? That is how we feel about Eagle.
With today’s Press Release that Eagle Broadband Inc's (OTCBB: EAGB) IT Services Division exceeded their monthly projected earnings by 80% - meeting a whopping $178,000 - our faith in this little powerhouse is only renewed.
While EAGB has floundered in the market recently, it has flourished in its key markets – announcing (almost monthly) new contracts and financial milestones. Our favorite attribute of this “little” company is its sheer tenacity. While the industry may be a little less exciting than making toothbrushes, the product is meeting a rapidly budding demand and continues to forge ahead like a market leader.
In all fairness, sometimes the market confounds us. Every day, we see great opportunities that peter out because of low market participation. The biggest hurdle in being a company like EAGB is getting people to notice you, then invest in your success. Despite our most sincere efforts, we are not psychics. All we can do is search the market for companies we think are worth owning long-term (like Eagle) and let you take it from there.
With today’s Press Release that Eagle Broadband Inc's (OTCBB: EAGB) IT Services Division exceeded their monthly projected earnings by 80% - meeting a whopping $178,000 - our faith in this little powerhouse is only renewed.
While EAGB has floundered in the market recently, it has flourished in its key markets – announcing (almost monthly) new contracts and financial milestones. Our favorite attribute of this “little” company is its sheer tenacity. While the industry may be a little less exciting than making toothbrushes, the product is meeting a rapidly budding demand and continues to forge ahead like a market leader.
In all fairness, sometimes the market confounds us. Every day, we see great opportunities that peter out because of low market participation. The biggest hurdle in being a company like EAGB is getting people to notice you, then invest in your success. Despite our most sincere efforts, we are not psychics. All we can do is search the market for companies we think are worth owning long-term (like Eagle) and let you take it from there.
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