Sphinx
Found this...
SWRX
To: run_amuck (4580 )
From: Takeover
Wednesday, Jul 28 1999 9:24AM ET
Reply # of 4581
Company Press Release
Capital Research Group Announces Investment Opinion
WESTON, Fla.--(BUSINESS WIRE)--July 28, 1999--TheSubway.com announces
huge gainers and 4 new opinions: Omicron
Technologies Inc. (OTC BB: OGPS), Oracle Corp. (NASDAQ: ORCL - news),
Softworks (NASDAQ: SWRX - news) and
Remedy Corporation (NASDAQ: RMDY - news).
SanDisk Corporation (NASDAQ: SNDK - news) was picked by TheSubway.com to
buy at 61 and traded up to 72 7/8 yesterday.
TheSubway.com is currently offering the following 4 new opinions.
Omicron Technologies Inc. (OTC BB: OGPS), On October 16, 1998 the company
announced a joint venture agreement with ViaSpace Technologies, LLC. to develop a
new technology which is being utilized in NASA's New Millennium Deep Space 1
Mission to image the features of an asteroid and is also planned for Mars Landing in
2001. The APS will be combined with advanced wireless radio technology to produce
a wireless camera system. To date the company has been contacted by six
wholesale distributors interested in the product. Within the next six months the company
is expecting to see yearly revenues and income of 8.2 million and 3.7 million
respectively. Currently trading at $1.375 after being up in a down market, the stock is
slowly being accumulated with short term expectations of over $5.00 per share
and a long term (6-12 months) target of 15.
Oracle Corp. (NASDAQ: ORCL - news), released a press release today that caught
our eyes. The release pertaining to iHost initiative which gives service providers all
the software products and services needed to deliver hosted applications with the
highest quality of service at the lowest cost. Read the release. The stock is currently
trading slightly above a PE of 30. Is this conservative for this company? According to
Zacks research, the Consensus estimate for the current quarter is $.16 and for the
current fiscal year is $1.05. Capital Research Group Inc. hopes to see the stock trading
at about 45 in the short term with a 6-12 target of 60.
Softworks (NASDAQ: SWRX - news) responds to data and storage management
needs of organizations worldwide, supporting customers in more than 50 countries
with solutions for multi-platform data and storage management, performance
management, Year 2000, and professional services. SOFTWORKS solutions optimize
storage and data resources, and increase systems availability and performance across
the enterprise. There are not many shares outstanding in this one (only 17 million).
Capital Research Group Inc. believes that this is one to watch over the next few days.
Remedy Corporation (NASDAQ: RMDY - news) recently reported great numbers.
''Remedy's strong second quarter performance is an indicator of reinvigorated
revenue growth and profitability,'' commented Larry Garlick, Chairman and Chief
Executive Officer. ''License revenue growth of 38% demonstrates strong demand for
our new Web and Windows based solutions that deploy rapidly and can change as
quickly as businesses change.'' Watch for some great performance from this
company in the near future. Capital Research Group Inc. hopes to see the stock reach
25 in the short term and break the 52 week high within the next six months.
About TheSubway.com
TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. was
developed solely for experienced, risk tolerant investors. Subscribers to
TheSubway.com receive daily market commentary reports for select companies trading
on various markets. Sophisticated investors are also able to receive for free,
select, rare research reports and investor kits on up and coming emerging companies
while they are still not widely known.
About Capital Research Group Inc.
Through TheSubway.com, Capital Research Group (CRG) introduces fundamentally
sound, undervalued companies to the investment community. Capital Research
Group strives to locate companies with enormous growth potential. CRG is a full service
public relations / Investor relations firm. For more information about our
products or services, please contact CRG at 954/217-9555 or visit us through
thesubway.com.
All material herein was prepared by Capital Research Group Inc. (CRG) based upon
information supplied by the company or other sources believed to be reliable. The
information contained herein is not guaranteed by CRG to be accurate, and should not
be considered to be all-inclusive. This discussion contains forward-looking
statements that involve risks and uncertainties. The company's actual results could differ
materially from those described in any forward-looking statements or
announcements discussed within. This material is for information purposes only and
should not be construed as an offer or solicitation of an offer to buy or sell the
securities. CRG is not a licensed broker, broker dealer, market maker, investment
banker, analyst or underwriter. Please consult a broker before purchasing or selling
any securities viewed on www.thesubway.com. CRG, its affiliates, and/or its officers,
directors and employees may from time to time have a position in these securities.
CRG has been compensated by one or more companies listed herein (25,000 shares of
OGPS by a third party) for the preparation and distribution of this report. Detailed
information about which is available by visiting thesubway.com. Also any
questions about this can be answered by calling Capital Research Group Inc.
Direct. |
