Austin, TX 10/24/2007 9:59:02 PM
Speak with other shareholders about: (Nasdaq: QCOM), (Nasdaq: MSFT), (Nasdaq: PLUG), (Nasdaq: GILD), (Nasdaq: TLAB).
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Qualcomm Incorporated (Nasdaq: QCOM), up 1% on 13 million shares, and Ubixon Co., Ltd., a developer of ubiquitous portable consumer devices, yesterday at CTIA Wireless I.T. & Entertainment 2007 announced their collaboration with Audiovox Accessories Corporation to bring the industry's first direct view MEMS display to market. The Acoustic Research ARWH1 headset from Audiovox Accessories is the first product to feature an Interferometric Modulation (IMOD) display from Qualcomm. With a MSRP of $99.99, the ARWH2 headset will be available in retail locations by November 2007, in time for the holiday season.
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Microsoft Corp. (Nasdaq: MSFT), up 1% on 58 million shares, yesterday released research showing an acceleration in the number of security attacks designed to steal personal information or trick people into providing it through social engineering. Microsoft's most recent Security Intelligence Report, a comprehensive analysis of the threat landscape, shows that attackers are increasingly targeting personal information to make a profit and are threatening to impact people's privacy. The report found that during the first half of 2007, 31.6 million phishing scams were detected, an increase of more than 150 percent over the previous six months. The study also shows a 500 percent increase in trojan downloaders and droppers, malicious code used to install files such as trojans, password stealers, keyboard loggers and other malware on users' systems. Two notable families of trojans detected and removed by the Microsoft Malicious Software Removal Tool are specifically targeted at stealing data and banking information.
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Plug Power Inc. (Nasdaq: PLUG), up 18% on 17 million shares, yesterday announced that Roger Saillant, president, chief executive officer and member of the board of directors, plans to retire effective April 7, 2008, at which time he will turn 65 years old. Mr. Saillant informed the Plug Power board of directors of his decision during a regularly scheduled meeting of the board held on Oct. 18. He has been the chief executive officer of the company for the past seven years.
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Gilead Sciences Inc (Nasdaq: GILD), up 1% on 7 million shares, a biopharmaceutical company, said yesterday that it has authorized the repurchase of up to USD3.0bn of the company's common stock through December 2010. The company can make purchases in the open market or in privately negotiated transactions from time to time, as determined by its management and in accordance with the requirements of the Securities and Exchange Commission. The company reported approximately 928,864,666 shares of common stock outstanding as of 30 September 2007.
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Tellabs Inc (Nasdaq: TLAB), down .90% on 7 million shares, released yesterday its third-quarter 2007 revenue totaled $458 million, compared with $523 million in the third quarter of 2006. Tellabs earned $4 million or 1 cent per share on a GAAP (generally accepted accounting principles) basis, compared with $59 million or 13 cents per share in the year-ago quarter. On a non-GAAP basis, Tellabs earned $14 million or 3 cents per share, compared with $73 million or 16 cents per share in the year-ago quarter. Non- GAAP results exclude $17.7 million for special items: $6.5 million or 1.0 cent per share in equity-based compensation expense, $5.6 million in amortization of purchased intangibles and $5.6 million in previously announced restructuring charges.
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