SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.

   Technology StocksDBD: oversold at these levels?


Previous 10 Next 10 
To: Bob Hawk who wrote (64)3/24/2000 10:25:00 AM
From: Shawn M. Downey
   of 79
 
The ATM business is really not my field of expertise. So I am not up on all of DBD's competitors.

I was introduced to DBD through our investment club. The thing about DBD that is interesting, is the SSG analysis we do in the club. How ever you analysis DBD it looks like good buy. Even if you introduce the most conservative projections, the stock stays in the buy range. This is very unusual.

Of course, this is value investing and no one is getting rich buying value stocks these days...

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Shawn M. Downey who wrote (65)3/24/2000 10:41:00 AM
From: Bob Hawk
   of 79
 
Wow, that was a quick resonse! I suspect that you, too, might be a NAIC member (??). Yes, my analysis indicates it is a good company and still at a reasonable price. My stock market experience (albeit limited,5 years), however, has taught me that it is essential to understand the competition, hence the query. Good luck!

Share RecommendKeepReplyMark as Last Read


To: Joseph S. Lione who wrote ()4/18/2000 2:04:00 PM
From: Shawn M. Downey
   of 79
 
April 18, 2000

Diebold announces first quarter results

NORTH CANTON, Ohio -- Diebold, Incorporated (NYSE: DBD)
announced its first quarter results, which showed improvement in both
revenue and earnings per share.

In the quarter ended March 31, Diebold reported net income of
$31,260,000 or diluted 44 cents per share (71,444,000 shares), on
revenue of $344,592,000. Excluding the anticipated dilutive effect of
Procomp, earnings per share were 46 cents. This compares to first
quarter 1999 net income of $29,124,000, or diluted 42 cents per
share (69,177,000) on revenue of $283,483,000.

Total revenue increased 11.2 percent, excluding Procomp and prior
year trade sales to Procomp, led by strong U.S. and international
product results. Service revenue increased 8.6 percent, excluding
Procomp, from the year ago period.

International product revenue showed dramatic improvement,
evidenced by more than 100 percent revenue growth in Asia-Pacific
and Europe, the Middle East and Africa.

"We are very encouraged by the performance of our worldwide
business during the quarter, particularly the gains we made in Asia
and Europe," said Walden W. O'Dell, Diebold president and CEO.

"After a weak start, business increased throughout the period, ending
with a very strong March. The company's ongoing shift toward
advanced-function applications and services, and emerging
opportunities in Web-based self- service applications, positions
Diebold well for the remainder of 2000 and beyond."

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Shawn M. Downey who wrote (67)4/25/2000 2:23:00 PM
From: Ted Gregg
   of 79
 
Up over 10% to a new 52 week high. Was this strength due to earnings or something else?

Happy investing, Ted

Share RecommendKeepReplyMark as Last Read


To: Joseph S. Lione who started this subject7/26/2000 1:47:12 PM
From: Shawn M. Downey
   of 79
 
Diebold, Loomis Fargo sign national cash
handling agreement

HOUSTON -- Diebold, Incorporated (NYSE: DBD) and Loomis, Fargo
& Co. have signed a national cash handling services agreement that
will help streamline Diebold's Fast Line offering, which encompasses
the company's first-line (basic, limited-technical) and cash handling
services.

Under the two-year non-exclusive agreement Diebold service
professionals will perform first-line maintenance, while Loomis, Fargo
& Co. will provide cash management services on Diebold's behalf.

Instead of signing an individual contract for each customer, the
agreement between Diebold and Loomis, Fargo & Co. will allow for
the use of standard pre-approved terms and conditions. The ordering
process between Diebold and Loomis, Fargo & Co. requires only the
completion of an exhibit that lists the tasks the individual customer
requires, such as pickup of prepared shipments, loading currency into
cash cassettes, sweeping ATM deposits and returning non-dispensed
currency.

"This agreement brings together two companies that have a
long-standing tradition of quality and customer satisfaction," said
William M. Fletcher, vice president, ATM Services for Loomis Fargo
& Co. "In many ways, this agreement simply formalizes a relationship
that has become mutually beneficial for both parties and, most
importantly, for our shared customers."

Share RecommendKeepReplyMark as Last Read


To: Joseph S. Lione who started this subject7/28/2000 3:39:46 PM
From: Shawn M. Downey
   of 79
 
July 27, 2000

Diebold announces improved 2nd quarter
results

NORTH CANTON -- Diebold, Incorporated's (NYSE: DBD) second
quarter results showed strong improvement in revenue and earnings
per share.

In the quarter ended June 30, Diebold reported net income of
$35,833,000 or diluted 50 cents per share, on revenue of
$442,102,000. Excluding the effect of the acquisitions in Europe and
Brazil, earnings per share were 51 cents. This compares to second
quarter 1999 net income of $31,561,000, or diluted 46 cents per
share on revenue of $296,996,000.

For the six months ended June 30, Diebold reported net income of
$67,093,000, or diluted 94 cents per share, on revenue of
$786,694,000. For the same period in 1999, the company reported
net income of $60,685,000, or 88 cents per share, on revenue of
$580,479,000.

Excluding goodwill amortization, second quarter earnings per share
were 55 cents. This compares with 46 cents earnings per share
excluding goodwill amortization for the second quarter 1999. The
significant increase in goodwill amortization is due to Diebold's
recent acquisitions in Europe and Brazil. For the six-month period,
excluding goodwill amortization, earnings per share were $1.01. For
the same period 1999, the company reported 89 cents, excluding
goodwill amortization.

"We are very pleased with the progress made during the quarter,
particularly in our custom maintenance and professional service
businesses," said Walden W. O'Dell, Diebold chairman, president and
CEO. "As we continue to establish the company globally by
integrating key acquisitions, our expertise in delivering solutions that
meet our customers' needs places us in a strong position heading into
the future."

Total revenue for the quarter grew $145.1 million, or 48.9 percent.
Products and services were up 7.8 percent, excluding the
acquisitions. Total service revenue, excluding the acquisitions,
increased by $12 million, or 10 percent, reflecting the company's
emphasis on providing a greater mix of value-added services to its
customers. The company's security business increased 10 percent,
largely because of growing opportunities in emerging markets, such
as retail, and increased share in established markets.

Total service revenue increased 42.9 percent. U.S. service revenue
increased 4.8 percent, while international service revenue was up
47.3 percent excluding acquisitions. As a result, Diebold service
revenue increased 10 percent.

Share RecommendKeepReplyMark as Last Read


To: Joseph S. Lione who started this subject8/31/2000 9:17:20 AM
From: Shawn M. Downey
   of 79
 
ATM Magazine -
August 30, 2000

Diebold makes play for off-site market with
ATM franchise program

NORTH CANTON, Ohio -- Diebold, Incorporated (NYSE:DBD) is
introducing the first-ever ATM franchise program in an attempt to get
more of its machines into off-site retail locations.

Retailers will lease space to Diebold, which will install and service a
Diebold cash dispenser. Diebold will own the machine, and retailers
will recycle their own cash by depositing money directly into the unit.
The merchant will pay Diebold a monthly fee of $84, which will be
waived when transactions exceed 150 a month.

Diebold will share surcharge revenue with the merchant, based on
the number of monthly transactions. A retailer will get 40 percent of
surcharge revenue at the 150-a-month transaction level but could
earn up to 95 percent of the surcharge if transactions exceed 750 a
month.

"It's a win-win situation for everyone involved," said John Titko,
national sales manager of Diebold's Retail Division. "People typically
associate a franchise with fast food chains, but we've taken it a step
further with a solution that lets merchants pass on a value-added
service to their customers."

Diebold designed the franchise program to provide more continuity
and stability for merchants.

"Other ATM programs have been very disappointing to many retail
merchants who have experienced the unanticipated removal of the
ATM," Titko said. "The Diebold program is designed to ensure
contract fulfillment by being economically viable at lower transaction
levels and distributing transaction revenue in a fair and equitable
manner."

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Shawn M. Downey who wrote (71)9/7/2000 11:26:43 AM
From: Shawn M. Downey
   of 79
 
ATM Magazine -
September 5, 2000

Lantronix works with Diebold to eliminate
leased lines on some ATMs

IRVINE, Calif. -- Lantronix Inc. (Nasdaq:LTRX), a developer of Device
Server Technology which enables electronic devices to be accessed
and managed over the Internet or other networks using TCP/IP
protocol, is working with Diebold Incorporated to develop networking
technology which enables financial institutions to link their ATMs
with IT networks.

Using Lantronix's technology, high transaction volume ATMs will no
longer need to be connected to leased lines, saving banks the high
monthly surcharge of long distance network connections.

"Lantronix's technology has allowed us to integrate legacy networking
systems with new, faster and more reliable networking protocols," said
Bill Aitken, Diebold vice president of systems integration and
services. "For our customers, this means the end of incompatible
hardware and an entirely cohesive network at a reduced cost."

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Joseph S. Lione who started this subject9/11/2000 11:12:36 AM
From: Shawn M. Downey
   of 79
 
ATM Magazine - September 8, 2000

Know-it-all

Surprises may be welcome at a birthday party, but they’re about as
welcome as a paper jam in an ATM program.

Based on this truism, Diebold, Incorporated in May introduced an
ATM franchise program designed to remove any element of surprise
for the retail merchant.

“With this program, there is full protection and information disclosure
for the merchant. Everything is clearly defined. There are no
surprises,” said Deb Volkmann, Diebold’s retail program manager,
noting that Diebold is required by the Federal Trade Commission to
spell out all the details in what is called a uniform franchise offering.

Volkmann said that too many merchants have experienced “an
unanticipated removal of an ATM from their business” when their
monthly transaction volumes failed to cover the costs of their lease
payment, service and other expenses.

For a fee of $84 a month, Diebold will install either a CashSource
Plus 200 or CashSource Plus 200P machine, and will provide
service, status monitoring, transaction processing and monthly
reports. The fee will be waived if transactions exceed 150 a month.

Diebold encourages retailers to opt for the CashSource Plus 200P
model, which features a cash provisor module that allows a merchant
to load his own cash without opening the chest.

“The provisor allows him to recycle his own cash through the ATM,
and hopefully get some of it back at his business, while minimizing
any theft or security issues,” Volkmann said.

Diebold shares revenues with the retailer, using a sliding scale based
on monthly transaction volumes. Revenue sharing kicks in at 150
transactions a month, for which merchants receive 40 percent of the
surcharge. Diebold will pay a maximum of 95 percent of the
surcharge if transactions exceed 750 a month.

While other programs offer a far greater cut of the surcharge,
merchants also generally end up paying more, Volkmann said. “If
they’re buying the hardware or paying extra for the service, they may
not be able to reach the monthly transaction volumes necessary to
make a profit.”

Diebold is marketing its franchise program through direct mail,
telemarketing and a small sales force in its retail division. In addition,
the company is establishing alliances with groups like the National
Association of College Stores.

Although Diebold was the leading supplier to U.S. financial
institutions last year, the company hasn’t experienced much success
in the retail market with a third-party distribution model. Diebold is
betting that the franchise program is different enough to at least
catch the eye of jaded retailers.

The Holiday Inn North Canton (Ohio) is an early participant in the
program. According to general manager Jeff Hach, the hotel never
had an ATM before. While he had been approached by several ISOs,
he was leery of working with companies he didn’t know.

“I just wasn’t comfortable with the idea of feeding my money into
their machines and not knowing what kind of recourse I’d have if
something went wrong,” Hach said.

With Diebold, he added, “I know who they are and where they are. I
know they’ll make things right if there’s a problem.”

At the Professional Football Hall of Fame in Canton, Ohio,
transaction volumes have increased since Diebold installed a
CashSource Plus 200P, said business manager Mark Butterworth.

He attributes the increase to a reduction in downtime, largely due to
the hands-on nature of the machine. “We have little, if any,
downtime because we can go out, throw some money in the machine
ourselves and get it operating again. The average Joe can work (the
ATM),” he said.

Diebold’s program entails “a lot less red tape” than a previous,
less-than successful relationship with a third-party distributor,
Butterworth said.

Butterworth said the Hall doesn’t expect to make a large profit off of
the machine, which sits at the entrance to its retail store. Instead, the
Hall sees it as a service to those touring the facility, who will
hopefully withdraw cash and spend some of it on souvenirs.

“We know we’re not going to get 1,000 transactions every month.
We’ve had enough every month to cover the monthly fee, which is
great,” he said.

Share RecommendKeepReplyMark as Last Read


To: Shawn M. Downey who wrote (72)9/27/2000 12:21:46 PM
From: twentyfirstcenturyfox
   of 79
 
Good post, Shawn. have you done or seen any DD on Lantronix?
TIA Don.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)
Previous 10 Next 10