It's not often one thinks about investing in a company from hauppauge NY! It was this NATO contract that caught my eye...HAUPPAUGE, N.Y., Jan 23, 2007 (BUSINESS WIRE) -- Globecomm Systems Inc. , a global provider of end-to-end value-added satellite-based communications solutions, announced today that the Company has received a $13.1 million notice of award from NATO to provide additional systems in support of a multi-national global positioning satellite-based (GPS) friendly force tracking system (FTS). Globecomm previously announced a $7.8 million contract from NATO to design and install a GPS FTS, bringing the combined contract value to $20.9 million. Now I have been tracking the stock and it has marked $9.53 then $10.65 then $11.37. Now the idea was for me to get in around $10.00 but alas it did not crest back and allow that. Now a dilemma. Earnings this Wed. Do I get in before or after?. Does the stock gap and run? Or do I get in and then it goes to freakin $10.00 where I wanted it in the first place? Vol Friday 186,000 vs 76,000 average* GCOM $11.37 plus 51 cents or 4.7% (that sounds better doesn't it?) Closed at the high. From management QTR1: Globecomm's $78 million in first quarter contract announcements, with the potential to reach $90 million with follow-on options, represents the strongest quarterly contract activity in the Company's history and provides Globecomm with solid momentum and visibility entering the second quarter. As a result, the Company has increased previously issued annual revenue and earnings guidance. David Hershberg, Chairman and CEO of the Company, indicated, "In particular, we are excited to have been selected for inclusion in two significant Indefinite Delivery / Indefinite Quantity (IDIQ) U.S. Government contract vehicles: 1) The Department of The Navy Space and Naval Warfare Systems Center to provide portable satellite communications terminals and 2) The U.S. Army Worldwide Satellite Systems $5 billion program for the next five years to provide government agencies with turnkey commercial satellite systems and associated support services for satellite terminals, including all hardware, software, services and data to operate terminals. The Company is now included in five IDIQ programs and on a GSA schedule. These contracting vehicles are critical to Globecomm's continued success in the government marketplace." During the quarter, Globecomm also announced a significant contract award with a major media production and entertainment company. The Company is currently expanding the Long Island International Teleport and designing and constructing a state-of-the-art media operations center for the customer inside the Globecomm world headquarters. "This is a critical contract in positioning Globecomm as an evolving leader in the satellite-based broadcasting marketplace," said Mr. Hershberg. He concluded, "The first quarter business mix included projects with greater gross margins than traditionally experienced by the Company. With that said, the revenue level achieved in the first quarter was in line with internal expectations. The future is bright for the Company and we look forward to an exciting year." Folks This Is My Play Of The Week!