Thu.,
June 13, 2002
Wall
Street Newswire---Symphony Telecom SYPY
Upgraded to a Short-term BUY...
NVHG
went from .24
to .40 when
we featured it May 30...
On the counter,
our research and analysis tells us that converging key indicators
have positioned Symphony Telecom, Inc. (OTCBB:
SYPY) for an up-turn in the current market. For
the following reasons we have upgraded SYPY
from a hold to a BUY recommendation.
1) SYPY Completes purchase of Directory Management
America.com...
On August 31, 2000, the company completed
the purchase of 51% of the issued and outstanding stock in Directory
Management America.com.
DMA is a marketing communications company which provides advertising
services, specifically to yellow pages and e-commerce advertising
agencies throughout the USA and Canada, which gives national support
for businesses.
2) Symphony Telecom, Inc. recently concluded a
purchase of Netsoft Canada Inc...
...a software development house focused
on the development of leading edge VoIP
technology and applications for the global telecommunications
marketplace. This acquisition will allow for an extremely cost-effective
network build-out. Management expects to begin deployment of its network
in June 2002. This network-build will increase profit margins and
allow increased flexibility and new product offerings.
3) SYPY completes the acquisition
of privately held Linkdata Communications, Inc...
...a London, Ontario data networking
company. Linkdata is expecting
to report current year revenues of approximately CAN $1.2 million
and is growing quickly. Linkdata was one of the first players in the
Canadian
DSL market and is expected to provide Symphony with an accelerated
position in the DSL
market.
What is Symphony Telecom?
Symphony Telecom Corp. is an international
telecommunications company. They are a business to business telecom
solutions provider dedicated to delivering all the benefits of the
Next-Generation Global Network. Symphony Telecom has positioned itself
to become North America's first international Next-Generation Telco,
leveraging emerging technologies into a coherent, sophisticated, and
user-friendly array of services that are increasingly global.
The rapid pace of technological development
and the continued deregulation of the global marketplace are the twin
forces speeding dramatic changes in the telecommunications landscape.
The new technologies driving the revolution in the industry are ATM,
(Asynchronous
Transfer Mode) DSL (Digital
Subscriber Line) and the tremendous growth in "net"
infrastructure (intranets,
extranets,
and the Internet). The new technologies will result in one common
common transmission network and switching fabric for voice, fax, video
and multimedia traffic.
The company's principal operating arm,
Symphony Networks Inc., an Ontario Corporation offering toll free
and equal access (1+) long distance services as well as internet access
via xDSL,
ISDN, T1
through OSC3 and fixed
wireless solutions. As part of its total solution strategy the
company also offers a host of data services, interconnect sales, installation
and maintenance of business telecommunications systems, voice processing
systems, CTI
and IVR systems
and a variety of LAN
and WAN
solutions.
Market Opportunity
ATM
is revolutionizing the class 5 office and trunking networks promising
a doubling in customer revenues while at the same time yielding a
reduction in operating cost and capital outlay by a factor of as much
as 20. The new technologies will result in one common transmission
network and switching fabric for voice, fax, video and multimedia
traffic.
Plans are in the works for Symphony Telecom to build a national packet
network to provide voice and data services initially in Canada and
then in the US and South America. Our portfolio of Voice, Data and
Internet services are the result of partnerships and agreements with
major vendors such as Nortel
Networks, Telrad and carriers
such as AT&T, Sprint,
Bell Nexxia and XO
Communications (formerly C1 in Canada and Nextlink in the U.S.).
Our target market was chosen because of a number of opportunities
that were unique to this sector. This target market is made of small
(10 employees) to medium size businesses (300+). They need services
like increased bandwidth, next generation services (DSL,
Internet,
Unified Messaging,
etc.) within the next six months. In addition, they are currently
unhappy with the way they must do business with a plethora of vendors
and carriers.
What's driving this increase in the number and speed of lines?
Mergers & Acquisitions
To gain critical mass, Symphony's principal
strategy was to build the business by acquiring, restructuring (as
necessary) and operating telecommunications technology companies as
subsidiaries owned and promoted by the Company. The strategy is to
locate, negotiate with, acquire, and restructure businesses which
have developed revenue generating operations (for example, where possible
- cut costs, terminate and hire staff, relocate offices and equipment).
Key Personnel will be asked to remain on employment or consulting
terms for a minimum of six months following each acquisition.
In February of 1999 the company acquired
100% of the capital stock of Communication Solutions Group Ltd. operating
as Symphony Telecom. Symphony is an Interconnect company providing
telephone systems, LAN/WAN, Wireless connectivity IVR & CTI applications
for small to medium-size businesses.
On August 31, 2000, the company completed
the purchase of 51% of the issued and outstanding stock in Directory
Management America.com.
DMA is a marketing communications company which provides advertising
services, specifically to yellow pages and e-commerce advertising
agencies throughout the USA and Canada, which gives national support
for businesses. Projected revenues for DMA.com next fiscal year exceed
$5 Million.
Click
Here to view search results from a current Edgar Search of
SEC Filings...
This report is an independent newsletter and is not
affiliated with Symphony Telecom, Inc.
The Wall Street Bulletin is an independent
research firm. This report is based on The Wall Street Bulletin independent
analysis but relies on information supplied by sources believed to
be reliable. This report may or may not be the opinion of SYPY management.
The Wall Street Bulletin has been retained to research and issue reports
on SYPY and was paid 250,000 common shares of SYPY by a third party
consultant. The Wall Street Bulletin and its owners may from time
to time buy or sell common shares in the open market or in private
transactions without notice. The information contained in this report
is not intended to be, and shall not constitute, an offer to sell
nor solicitation of any offer to buy any security; it is intended
for information only. Copyright © 2002 The Wall Street Bulletin.
All rights reserved.
Your
email address was obtained from a purchased list. If you do not wish
to receive this newsletter in the future, Click
Here