FYI Re:My music views.
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Company Press Release
SOURCE: Whale Securities Co., L.P.
Whale Securities Initiates Coverage of Bitwise Designs. Target 22.
NEW YORK, Jan. 13 /PRNewswire/ -- The following is being issued by Whale Securities Co., L.P., a member of the National Association of Securities Dealers:
Whale Securities Co., L.P. initiates coverage of BitWise Designs (Nasdaq: BTWS - news) with target price of $22 dollars. AuthentiDate.com and DocSTAR technologies are forecast to drive sales and
earnings growth for the company.
BitWise Designs:
AuthentiDate.com subsidiary allows businesses and individuals the ability to verify and authenticate the date, time, content and authorship of e-mails, digital files and faxes. Other types of digital files include
financial transactions and trades, voice, video, music and movie files, photographic and artistic images and drawings as well as wills, legal, medical and dental records. There are over 300 billion documents
stored every year in this country alone and to varying degrees, they are all candidates for authentidate.com.
Anyone can try the product out by going the web site, authentidate.com, and follow the directions. There is a basic level of usage that is free. The first industries that usually come to mind where
voice or ticket authentication and time stamping are important are brokerage and banking. In November, Logical Net Corporation, an Internet service provider contracted with Authentidate.com to provide the
services to their 40,000 businesses and dial-up subscribers. In that way, it could become a popular add-on service with many of the nation's 8,000 ISP's.
Whale Securities makes a market in the shares of BitWise. For a full text of the report, please call Sharon Bulag, Whale Securities, at 212-484-3650.
Additional information is available upon request.
The information herein has been obtained from sources which we believe to be reliable, but we do not guarantee its accuracy or completeness. The information in this report is not intended to be used as the
primary basis of investment decisions, and because of individual client objectives it should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed
herein are statements of our judgment on this date and are subject to change without notice. This report is not to be construed as a representation or as an offer or the solicitation of any offer by us to sell or buy
any security. The securities referred to in this report may not be registered in your state of residence. Whale Securities Co., L.P., its general partner, Whale Securities Corp., and their respective officers,
partners, employees, shareholders, affiliates, and members of their families may have a long or short position in the securities discussed herein and may buy or sell same in the open market, from or to
customers of this firm or otherwise, for their own accounts.
SOURCE: Whale Securities Co., L.P. |
