Metalink, Ltd. (MM) (MTLK)

MTLK .39

MTLK OTC .0121

Nice Move on $MTLK!

hey bud !!! u still riding here ????

News is overdue.

MTLK total market cap is still 40% of cash on hand. How much longer the madness will continue is anyones guess but eventually the market will discover its mistake and correct it rather swiftly. This is all not even taking into account the additional $11.3 million in earn-out payments slated to hit their bottom line in 2011.

Madness. $4-$5 stock trading for $1.

Eventually market cap will catch up to the new cash on hand which works out to well over $2 in pps. Very little debt is an added bonus as well as a very low #OS count. In reality MTLK the stock should currently be trading between $4-$5 looking at the $11 million in proceeds (minus the loan payment) realized from the WLAN sale. When the madness will end and the market correct its error in the valuation of this stock to its rightful place is anyones guess.

Long and strong.

$1.17 thru earnings high on volume uptick, still trading well below cash ~~ triple top breakout ~~

Big $1.15 pivot today/tomorrow..basing with high volume up & low volume down. Extremely low float. Value $4.50

MTLK market cap now 1/2 cash on hand

Let the madness continue.

MTLK market cap now equals cash on hand. This stock is worth 4X current levels due to WLAN proceeds which will still be filtering in through 2011-2012. All the stock needs now is a catalyst for buying which will be upcoming news/earnings.

The time is coming soon.

$$$ NEARING EARNINGS ROCKET LAUNCH TIME $$$ MTLK TRADING AT CASH LEVELS $$$

MTLK at $1.19 has now entered into ridiculously oversold territory considering the whole current market cap is now 1/6 of the proceeds that they received from the January $16.5 million WLAN sale and earn-out payments. Earnings are this week 5/14 I believe...pretty much little or no risk to the downside at these levels considering the stock is down 80% on the year and 55% of that downside is just in the past month. At these levels either BRCM or ATHR should just put in a $4 or $5 per share bid for MTLK's technology and be done with it. MTLK put themselves up for sale a few years ago at a MUCH higher price before they reverse split but then management decided to withdraw the offer. The current market cap of $3 million imo is now nothing more than a joke. Public float of 1.55 million with 2.57 million #OS.

In all rationality the stock should right now be trading at around $4.25 per share but why would the market ever be rational? Buyer from $1.25-$1.55 and scratching my head so far on this one but am definitely looking forward to earnings redemption and a huge pop in share price.

looking for a move here soon

MTLK on the move

Metalink, Intel unveil joint residential gateway design
Metalink VP marketing Barry Volinskey: We are very pleased to join forces with this industry leader.
Shiri Habib 23 Jul 07 17:53
Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK) and Intel Corp. (Nasdaq:INTC) have jointly unveiled a reference design for residential gateways, which integrates Intel's IXP4XX network processor family, based on XScale technology, with Metalink's 802.11n-compliant WLANPlus chipset.
The joint residential gateways design offers simultaneous support for both the 2.4GHz and 5GHz frequency bands, enabling it to transmit High-Definition (HD) multimedia content over the 5GHz band while concurrently supporting data networking and other legacy applications over the 2.4GHz band .

Metalink develops high-performance wireless and wireline broadband communication silicon solutions. The company recently announced its first order for its WANPlus chipset, after it won Wi-Fi Alliance Certification earlier this month, which means that the chipset is fully compliant with IEEE 802.11n draft 2.0 specifications.

Metalink VP marketing Barry Volinskey said, "We are very pleased to join forces with this industry leader, and excited by the power and quality of the platform that we are developing together. We are confident that this unique platform will answer the true needs of the home entertainment market. "

Published by Globes [online], Israel business news - www.globes.co.il - on July 23, 2007

Metalink wins first order for its new chipset
The company has also signed distribution agreements in Europe and Japan.
Shiri Habib 16 Jul 07 17:13
Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK) has received the first production order for its second-generation 802.11n-compatible WLANPlus chipset. This $200,000 initial production order was submitted by a major Original Design Manufacturer (ODM) for delivery within the next three months.
In separate developments Metalink has reached distribution agreements in Europe and Japan. The company has appointed UR Holding SpA (DAX:URH), a European sales organization for high-tech electronic components and subassemblies for embedded system solutions, as its authorized distributor. The company has also appointed Brilliant Technologies Company, a division company of Macnica Inc. (TSE:76310), one Japan’s largest semiconductor distributors, as its representative in the region. Both UR Holding and Brilliant Technologies will offer Metalink's new 802.11n-compliant chipset family to major OEMs and manufacturers in their respective regions.


Last month, the Metalink won Wi-Fi Alliance certification for its WLANPlus chipset.

Published by Globes [online], Israel business news - www.globes.co.il - on July 16, 2007

I have written in the past about Sigma's connection with Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK), when I referred to Sigma's meteoric climb in IPTV chips for the digital home as an example of what could happen to Metalink once it begins selling its own advanced WiFi chips for the wireless, digital home.

Yesterday Metalink made a seemingly procedural announcement in which it said that its chipset had received WiFi certified 802.11n draft 2.0 Certification, but the significance of this is actually phenomenal since it amounts to a green light for the company to begin sales. The announcement constituted an endorsement of the technological superiority of its chipset in high-speed wireless relay of video content within the home, compared with that of its competitors. I believe the company will record its first significant sales in the fourth quarter, with an orders backlog from the third quarter, which started on Sunday.

http://www.globes.co.il/serveEN/globes/docView.asp?did=1000227903&fid=1176

MetaLink’s WLANPlus wins Wi-Fi Alliance certification
The company has appointed Armando Geday to chair a new advisory board.
Shiri Habib 3 Jul 07 14:08
Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK) has been awarded Wi-Fi Alliance certification for the company WLANPlus chipset, specifically Wi-Fi Certified 802.11n draft 2.0 Certification. The Certification was awarded after WLANPlus successfully passed the Wi-Fi Alliance's qualification tests, ensuring that it is fully compliant with IEEE 802.11n draft 2.0 specifications.
MetaLink is one of the first companies to obtain Wi-Fi Alliance certification for a product.


The WLANPlus chipset family provides video-grade requirements for wireless home networks, supporting up to 300 Megabits per second (Mbps) transmission speeds at both the 2.4GHz and 5GHz frequency bands. WLANPlus can operate data, VoIP, gaming and HD video streaming applications.

MetaLink VP WLAN marketing Barry Volinskey said, “This is the real opening shot for the market. The 802.11n standard will probably be set next year. The Wi-Fi Alliance certification marks the de facto launch of the market. A communications market without a standard tends to fall flat, but mass market begins with a certification.”

In other words, consumers buying a product with a certified standard know that the product will communicate with other certified devices. Volinskey added, “In contrast to other players in the market, we didn’t first sell products with the earlier Wi-Fi standard. While other players were expected to obtain certification, there was always concern that MetaLink might not succeed. This cloud has now been lifted.”

MetaLink provides no guidance, and did not change this policy after obtaining the Wi-Fi Alliance certification. Volanskey said, “We expect to begin sales during the fourth quarter of this year, or maybe a little sooner. We expect the breakthrough next year.

MetaLink lost $4.9 million on $2.3 million revenue for the first quarter.

MetaLink has also created a strategic advisory board to complement its executive team. Former CEO of Conexant Systems and Globespan Semiconductor, Armando Geday, is chairman of the advisory board with the mandate of providing experienced counsel regarding the formulation and execution of its business strategies.

Volinskey said, “Gaday has experience that MetaLink’s management lacks. He has already taken a small company and turned it into a large one. We wanted a group of experienced advisors who could work with us on a day-to-day basis. Geday will run the process and bring in more people with a similar profile.”

Geday said, "I'm very happy to be working with Metalink's world class management team. I have been following the company for many years, and believe that it is uniquely positioned, as a pioneer of 802.11n silicon solutions for wireless home networking, to capitalize on the market transition from the 802.11a/b/g to 802.11n. This is a huge market with promising growth potential, and Metalink is at the point where it can become one of the major suppliers of 802.11n chipsets."

Published by Globes [online], Israel business news - www.globes.co.il - on July 3, 2007

< tomorrow should be a nice day for MTLK longs. >

You mean was, Aiming :)
This article is dated March 20th.
The PR was issued at the 19th,

http://biz.yahoo.com/prnews/070319/uksu003.html?.v=19

See the volume and share price development since,
coupled with much higher than average volume.

http://finance.yahoo.com/q/bc?s=MTLK&t=6m&l=on&z=m&q=l&c=

I am also encouraged by these figures:

Major Holders Get Major Holders for:

BREAKDOWN

% of Shares Held by All Insider and 5% Owners: 55%
% of Shares Held by Institutional & Mutual Fund Owners: 9%
% of Float Held by Institutional & Mutual Fund Owners: 21%
Number of Institutions Holding Shares: 11

http://finance.yahoo.com/q/mh?s=MTLK

As to your >>Do you know if this is meant to transmit live television, or is the idea that the content will be downloaded to the PC>> I do not truely researched the subject
yet, this passage sheds some light though:
>>Samsung's set-top box will use Metalink's wireless chips to receive IPTV content downloaded on to home computers, which will then be encoded with STM's chips and transmitted by cable on to television screens. >>

I have dipped in with my toe, at $ 6.60 level.
It is within my intentions to build a position in this company
(dually traded, btw) pending further research.

Regards,

Dubi

Another interesting company to add to my watch list, tomorrow should be a nice day for MTLK longs.

"Samsung's set-top box will use Metalink's wireless chips to receive IPTV content downloaded on to home computers, which will then be encoded with STM's chips and transmitted by cable on to television screens. I"

Do you know if this is meant to transmit live television, or is the idea that the content will be downloaded to the PC, then later watched on the TV after the download is complete?

Metalink joins the big league
Metalink's agreement with Samsung and STMicroelectronics is CEO Tzvika Shukhman's greatest achievement.
Shlomi Cohen 20 Mar 07 14:16
"I launched an intercontinental missile four years ago and I hit the target." This is how Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK) founder and CEO Tzvika Shukhman describes the tremendous gamble he took when he decided to invest all his company's money in a new field - wireless chips for the digital home. It looks to me that the team at the company's headquarters in Yakum Industrial Park can now claim that they most certainly have hit the target. For me, their train has now finally pulled out of the station, as Metalink joins the big league.
Yesterday, Metalink made an announcement at the CeBit convention in Hanover, Germany, an announcement which was without doubt, dramatic for a small company of its size. Korean electronics giant Samsung Electronics Co. Ltd. (KSX:5930) and European chip maker STMicroelectronics NV (NYSE: STM) will be jointly launching with Metalink a set-top box, which supports high-definition (HD) TV quality based on 802.11n wireless IPTV.

There will a sizable demand for these set-top units everywhere, but most notably in Asia in the run-up to the Olympic Games, which are due to open in Beijing in the summer of 2008. So Shukhman's missile is indeed an intercontinental one. A collaboration between an Asian and a European giant, with the small chip manufacturer from Yakum juxtaposed between them with its ground-breaking chips for the new 802.11n standard. With all due respect to the achievement that this development represents, I feel that the closure of a deal like this is Shukhman's most impressive feat, as I imagine that he probably faced some tough competition from gorillas such as Broadcom Corp. (Nasdaq: BRCM), Marvell Technology Group (Nasdaq: MRVL), and possibly also Atheros Communications Inc. (Nasdaq: ATHR), which farms out its chip manufacturing to, among others, Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) in Migdal Hae'emek.

Samsung's set-top box will use Metalink's wireless chips to receive IPTV content downloaded on to home computers, which will then be encoded with STM's chips and transmitted by cable on to television screens. In the future, television sets themselves, which will probably have HD-quality imaging, will also be fitted with wireless chips such as those manufactured by Metalink, and video encoders, thus television cables in the home will be a thing of the past. Metalink, it will be recalled, signed its first agreement in the consumer electronics sector with Chinese television manufacturer Haier.

I don't know how Wall Street will respond to Metalink's news but I imagine that those Americans who understand this field will take a look at the graph of video chip supplier Sigma Designs Inc. (Nasdaq: SIGM), and note what happened to that particular diminutive chip company when the penny dropped that the IPTV train had begun to roll. Sigma rose from $8 in the summer of 2006 to $29 by the year's end, despite an ongoing options scandal. Sigma is due to unveil its results tomorrow (Wednesday), and these will give some indication as to which of the service providers across the globe has begun, or is set to begin the roll-out of IPTV services.

When talking about set-top providers on a global scale, the first reference is always to Motorola Corp. (NYSE: MOT), or Cisco Systems Inc. (Nasdaq: CSCO) subsidiary Scientific Atlanta, since not many people know that Samsung is the top company in terms of set-top market share in the Asia-Pacific region and number two worldwide, with set-top sales totaling $1.9 billion in 2006. Its European partner in the agreement with Metalink, STM, is the world leader in the digital encoder market. It is estimated that the set-top box market for IPTV will grow from 4.7 million units in 2006 to 41.2 million in 2011, and Metalink will ride this market on the back of the sector's two gorillas.

Metalink's fortunes took a genuine turn for the better from September 2006 onwards once it had some real news to disclose (it was never short on "sexy" announcements). At the end of January, after a series of meetings, the company announced the appointment of Armando Geday, an American of Lebanese descent and a well-known figure in the telecommunications chip world, as special adviser to the company board.

Geday previously managed DSL chip company GlobeSpan Semiconductor Inc. and then led it into the merger with Conexant Systems Inc. (Nasdaq: CNXT), which he then headed until the end of 2004. "This is the person about whom you wrote several times, both before and during the bursting of the bubble, that he wanted to acquire Metalink while he was managing GlobeSpan and that I turned him down," Shukhman told me recently. Geday was the one who opened doors for Shukhman at SMT, which after conducting extensive testing, pitched Metalink's WLANPlus solution to Samsung, which in turn announced yesterday that it would be incorporating it in its latest advanced set-top box.

This is the second time that I have seen this model - bringing in a well-known international figure with connections in the right fields - produce excellent results for small Israeli companies by opening doors at the relevant sector giants, provided that is, that the company in question has what to offer. The last person to do this most successfully was former M-Systems founder Dov Moran, when at the end of 2002, he appointed Dr. Hans Wagner, a personality with extensive connections to the big European handset manufacturers, Nokia Corp. (NYSE: NOK), and Ericsson (Nasdaq; SAX: ERIC), to the M-Systems board.

http://www.globes.co.il/serveen//globes/docView.asp?did=1000194751&fid=1176