I would hope for some good news, but at the same time I'm cautious. Engin have been sending out clients details of new proxies. This is apparently the first step in migrating customers over to a new network.
I would guess Engin are upgrading from the old Cisco Softswitches that Cisco has discontinued support on in June last year.
It will be interesting if the new gear is on the 08/09 accounts as it will probably be significant capital expenditure.
I believe the emails started going out in the first week of July, so the equipment was probably in and under test prior.
ENG Price at posting:
90.0¢ Sentiment: None Disclosure: Held