Stockreporter Strong Buy Reco on SOWK, Confirms $3.00 Target
(BusinessWire, Jan 24, 2000 05:15 hrs)
by Stockreporter
SEATTLE--(BUSINESS WIRE)--Jan. 24, 2000--
Stockreporter Updates Strong Buy Recommendation and Confirms
$3.00 Target Share Price for SoundWorks International, Inc. (SOWK)
SoundWorks International, Inc. (OTC BB:SOWK) today received an updated strong buy recommendation confirming a year 2000 $3.00 price target from Stockreporter, a leading European financial Internet publication located at www.stockreporter.de. Stockreporter issued the SoundWorks update in response to the Company's recent announcement regarding its expanded product offering and initial phase of its aggressive and multi-faceted marketing campaign - factors that provide tremendous profit opportunities from today's SOWK trading levels of $0.20 per share.
SoundWorks International is a multi-media entertainment content provider that produces and markets CDs, AudioBooks and videos for nostalgia markets worldwide. The Company markets its products through direct response television advertising, wholesale record and book distributors, Amazon.com (NASDAQ:AMZN) and www.soundworks.net.
"SOWK just announced a phenomenal opportunity to market its new CD through a television commercial produced by two pioneers of the direct response TV advertising industry who are responsible for phenomenal blockbuster product sales such as Healthrider, Thighmaster and Vegomatic," stated Torsten Prochnow from Stockreporter. "By entrusting television sales of the JukeBox Saturday Night CD collection to these industry veterans, SoundWorks is ensuring the tremendous success of its new product - one that we expect to be the Company's most lucrative ever. We also believe that this high-profile advertisement will further improve industry awareness of SoundWorks International, which is already gaining substantial name recognition in the field."
The complete SOWK update issued by Stockreporter is available in English and German and can be accessed at www.stockreporter.de.
NOTICE
All Stockreporter recommendations are made on an unsolicited basis. The complete recommendation and additional information (e.g. forthcoming interviews with the CEO and the President) can be accessed on Stockreporter's website at www.stockreporter.de, which is currently the No. 1 micro-cap and OTC BB site in Europe, especially in Germany. The site is completely available in both the German and English languages. Stockreporter meticulously and independently selects the companies that are candidates for a buy recommendation and which are featured on the Stockreporter website.
Any Stockreporter micro-cap recommendation still includes a high degree of risk and is at the investor's individual and own risk. Many Stockreporter recommendations contain forms of "forward-looking statements" that are based on the company's beliefs as well as assumptions made by information currently available to Stockreporter and to the general public. Such statements are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated, or projected and the variations may be material.
Therefore, no claim for any kind of warranty can and will be accepted by Stockreporter. Moreover, the team of Stockreporter wants to stress once again that all our buy recommendations are based on subjective assessments that have been made exclusively on the basis of facts being known to the general public.
If you have any further questions regarding this buy recommendation or any other inquiry or suggestion, please do not hesitate to contact Stockreporter at any time. We are very interested in maintaining close contact with both institutional and private investors as well as OTC and BB companies.
CONTACT: Stockreporter
Mr. Torsten Prochnow, +49-172-4031383
Mr. Dennis C. Hass, +49-172-4062621
Email: contact@stockreporter.de
Homepage: www.stockreporter.de
KEYWORD: WASHINGTON INTERNATIONAL EUROPE
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Companies or Securities discussed in this article: Symbol Name
BB:SOWK Sound Works Intl Inc
NASDAQ:AMZN Amazon.com, Inc. |
