Stocks to Watch This Wednesday Morning! May 17, 200618 May 2006
Stock Market Alert's performance stock listincludes: MicroTRAK, Inc. (OTC: MIOK), Verizon Communications (NYSE: VZ),Level 3 Communications, Inc. (NASDAQ: LVLT), & Nortel (NYSE: NT).
MicroTRAK GPS (OTC: MIOK) may be of interest to speculative investors thismorning. Yesterday after the stock markets closed, the company, a providerof GlobalPositioning Systems (GPS) wireless location services and products thattrack and recover valuable mobile assets, issued a press release announcingthat it has signed a definitive agreement to acquire Fibergrations LLC, aprivately held corporation based in Nashville, Tennessee.
This news may get the attention of traders. Fibergrations is a leadingglobal provider of end-to-end Radio Frequency Identification (RFID)integration solutions and hardware, RFID Reader Portals and warehousemanagement consultants.
According to the press release, this acquisition creates a collaborativeplatform to develop the first world-class, end-to-end solutions combiningRFID and GPS technologies to provide unmatched tracking capabilities forfuture supply chain applications. Fibergrations will merge its software andhardware applications with MicroTRAK GPS to support the joint developmentof new products that can impact multiple industries. In addition,Fibergrations brings new opportunities with leading Fortune 500 customersthat will become part of MicroTRAK GPS' Advanced Technology portfolio. Theacquisition is expected to close in the second quarter of MicroTRAK GPS'2006 fiscal year. Terms of the agreement were not disclosed.
This should be a stock for speculative investors to watch. MicroTRAK'sPresident, Jerry Grisafi, says, "RFID enhances our GPS offerings andprovides a complete end-to-end solution for tracking capabilities. With thepurchase of Fibergrations it gives us a platform in which to launch our newdivision, MicroTRAK RFID, into a marketplace that has been waiting for acomplete technology package that tracks, locates and reports criticalassets and product information.
"With our combined resources and strengths, we are well positioned forcontinued innovation and growth in an entirely new market. We believe thepowerful combination of these two companies will benefit our shareholders,our customers and our employees," said Jerry Grisaffi, MicroTRAK GPSfounder and chief executive officer. "The ability to 'Real Time' track avehicle and its contents from pick up to delivery is a valuable businesstool. Having access to the exact location of an entire shipment can providebetter planning, adherence to standards and timely relocation of misplacedor missing shipments. By combining RFID and GPS, the two most powerfultracking technologies available today, it gives us a winning combination inthe emerging world of real-time visibility."
A profile of MicroTRAK GPS can be found here:http://www.wallstreettradingalerts.com/MIOK051506.html
MicroTRAK GPS, an operating subsidiary of MicroTRAK, Inc., is a leadingprovider of Global Positioning Systems (GPS) technology and products thatutilize in-vehicle hardware and wireless location services. Based inDallas, Texas, MicroTRAK GPS has combined the ubiquitous coverage of GPSwith the nationwide cellular network and 24/7 automated web and telephoneaccessibility to provide real-time wireless location and tracking,emergency assistance, stolen vehicle recovery and many other personal andfleet management purposes.
Founded in 2004, Fibergrations provides supply chain management expertisein software development, deployment and integrated RFID implementations inthe Food, Manufacturing, Logistics, Retail, Pharmaceutical and Healthcareindustries. The company is also a leader in Portal Product Development,with patent pending RFID Reader Portals which provide the ultimateprotection for RFID equipment used in the manufacturing and distributioncenter environments and patent pending hardware that enhances thereadability of RFID tags from greater distances.
Other Stocks of interest:
Verizon Communications (NYSE: VZ) up 0.5% on 7.3 million shares traded.
Verizon Communications is a provider of advanced communications andinformation technology (IT) solutions to large business and governmentcustomers worldwide.
Level 3 Communications, Inc. (NASDAQ: LVLT) up 1.2% on 15.8 million sharestraded. Level 3 is an international communications and information servicescompany.
Nortel (NYSE: NT) down 4.2% on 48.3 million shares traded.
Nortel is recognized as one of the leaders in delivering communicationscapabilities.
The advertisement is provided by Wall Street Enews, a division of StockMarket Alerts LLC, an electronic broadcaster and publisher of this release,and hereafter referred to as "the company." The company receivedcompensation for services performed for MicroTRAK, Inc. (OTC: MIOK). Thecompensation is thirty thousand dollars from third party, CRDD Inc. Becausethe company received compensation for its services, there is an inherentconflict of interest in the company statements and opinions and suchstatements and opinions cannot be considered independent.
The information contained in this press release is for informationalpurposes only, and not to be construed as an offer to sell or solicitationof an offer to buy any security. The company makes no representation orwarranty relating to the validity of the facts presented nor does thecompany represent or warrant that all material facts necessary to make aninvestment decision are presented above. Stock Market Alerts LLC is anadvertising company and therefore, this release should be viewed forinformational purposes only.
The company relies exclusively on information gathered on the publiccompany, such as public filings, press releases and its web sites.Investors should use the advertising information contained in this releaseas a starting point for conducting additional research on the publiccompany in order to allow the investor to form his or her own opinionregarding the public company. Factual statements contained in thispublication are made as of the date stated and they are subject to changewithout notice. The company is not a registered investment adviser, brokeror a dealer. Investing in the public company that this release is providingservice for should be reviewed as speculative and a high-risk and mayresult in the loss of some or all of any investment.
This release may contain statements that constitute forward-lookingstatements within the meaning of Section 27A of the Securities Act of 1933,as amended, and Section 21E the Securities Exchange Act of 1934, asamended. The words "may," "would," "will," "expect," "estimate,""anticipate," "believe," "intend," and similar expressions and variationsthereof are intended to identify forward-looking statements.
CONTACT:Stock Market AlertsEmail Contact
SOURCE: Stock Market Alerts
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|
