RNIN is the American version of FMCN!

RNIN closed @ 4.58

RNIN creates digital advertising signage, like its Chinese counterpart FMCN.

This was found on briefing.com (if i remembered correctly) yesterday:

"A small IPO, Wireless Ronin (RNIN), just opened for trading at $3.70. The co makes digital signs targeting specific retail and service markets. Digital signage is an electronic media viewed by a person on a video display. A common example is an electronic billboard display in an arena or other public area. Its RoninCast is a digital alternative to static signage, such as cardboard or paper. Also, its digital signs can be combined with interactive touch screens. The co has installed systems in over 200 locations since the introduction of RoninCast in Jan 2003. The co is small with a $26 mln mkt cap and has never been profitable. Revenue for the 9 mos ended Sep 30 were just $1.9 mln, but that was up 250% yr/yr. Briefing Note: RNIN is clearly a speculative name, but some traders may look at it as a long awaited secondary play on Focus Media (FMCN 66.44 -1.72), which has been a big winner. It's a bit of a stretch, but FMCN provides a similar advertising service in the China market while RNIN is in the US. There really are not any other FMCN plays, so momentum traders may want to keep it on the radar as a speculative play on any move in FMCN. This is a 4.5 mln share deal led by Feltl & Co. (IPOXX)"


http://www.wirelessronin.com/6.0_news_01.html

Buy the dip for intermediate to longer term play. Remember not to put too much money on small stocks. Your core holdings should be in stocks like RVBD, AAPL, NYX, SHLD, GOOG, AKAM, etc.



Got this from the FMCN message board:

"HUGE find in report. Sealy will purchase 250 systems PER QUARTER will increase RNIN sales 5 fold.

Sealy Corporation. We entered into a sale and purchase agreement with Sealy Corporation in July 2006. During 2005, we worked with Sealy to develop the SealyTouch TM system, which is an in-store, interactive shopping and training aid for mattress customers and retail associates. Sealy distributes its products through approximately 2,900 dealers at approximately 7,000 locations. Sealy purchased 50 systems in 2006. We have agreed to work with Sealy on an exclusive basis in the bedding manufacture and retail field and will be Sealy’s exclusive vendor for these systems during the three-year term of the agreement, assuming Sealy’s satisfaction of minimum order requirements described below, and contingent upon the successful conclusion of Sealy’s system beta testing and the parties entering into a master services agreement and certain other related agreements. Our commitment to work with Sealy on an exclusive basis is subject to Sealy ordering either: (i) 250 SealyTouch systems per calendar quarter beginning with the quarter ending December 31, 2006, "