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July 8, 2004

SpeculatingStocks.com Stock Pick: Eagle Broadband, Inc. (EAG)

Stock Price: $1.02


Eagle Broadband, Inc. is a leading provider of broadband and communications technology and services. They are involved in HDTV, homeland security, and networking communications.

Yesterday, EAG received $4.9 million in new financing through private placement. The investment group commented that EAG is well positioned to capitalize on the rapidly growing broadband and communication markets.

Eagle Broadband is holding a special shareholders meeting on July 20th. The company has not yet released the reasons for this meeting. Good things should come out of this meeting.

EAG has been in the $0.80 - $1.20 since the end of April and has now settled mid-range. EAG ran to $2 twice in the past year from this level.

 
     
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