Blog - Page 4461 of 5517

ThursdayJun 12, 2008 3:52 am

More Than 30 Million Reasons to Consider Investing in SourceForge Inc. (LNUX)

SourceForge Inc. (LNUX) has touched a 52-week low during the second week of trading in June 2008, and the CEO has just resigned. Earnings per Share are just 2 cents, and the Beta is 2.97. Is this the darkest spot in a market that is dull in the first place? More than 30 million technologists will disagree. They visit web sites of this company from Mountain View, CA, and are nearly addicted to free systems and programs it offers. The Internet depends on networking, and this means that the company could be at a nadir only to start a rapid…

ThursdayJun 12, 2008 3:49 am

Financial and Business Management Benefits of Tracking Footwear Industry Stocks

The footwear industry should delight business management academics and stock aficionados alike. Even poor countries have masses of people who need at least one new pair every year. Children are top customers, though parents may overrule brand choices. Linkages between designers, materials of fabrication, and customer segments are tantalizingly complex. Competition is surprisingly light for a product category that all of us need. There are fewer than 20 significant stocks in which one can trade in North America. Theoretically, there should be no forbidding barriers to industry entry. Most stocks in this industry have June 2008 market capitalization levels below…

WednesdayJun 11, 2008 5:03 pm

Kandi Technologies, Corp. (KNDI) Receives New Rating from Dutton Associates

In their most recent coverage, Dutton Associates rated Kandi Technologies (NASD: KNDI) as a "strong speculative buy" with a price target of $6.72. The twelve-page report by Dutton's senior analyst, Stanely Ng, can be found on the company's website at www.jmdutton.com, which includes First Call, Bloomberg Professionals, Zacks, Reuters, Knobias, and other leading financial portals. This report from Dutton follows Kandi's announcement of their first quarter financial results ended March 31, 2008. The company's total revenue came out to be $9.5 million, representing a 76.4% year-over-year from the previous year's first quarter, and a 9.2% quarter-over-quarter increase from the fourth…

WednesdayJun 11, 2008 5:01 pm

Welwind Energy International Corp. (WWEI.OB) Receives Final Approval for Applications

Welwind Energy International Corp. (OTCBB: WWEI) announced that they have received final approval for their last two applications made to the military and the Guangdong Provincial Oceans and Fisheries Bureau. There are over fifteen applications in total that have been submitted and approved, which include the site location of the project, and the land use permit by the Guangdong Provincial Building Bureau. The company has gained approval from all fifteen departments of the government by issuing documents on the date of May 27, 2008, and translated documents received by Welwind head office on June 6, 2008. This indicates that the…

WednesdayJun 11, 2008 4:47 pm

When Technology Addiction Takes Over Your Life

Jenn Hoffman, Phoenix-based CEO of The J Brand Group, should have been enjoying a relaxing vacation on the Cote d'Azur. Sipping champagne and nibbling on cheese at the posh Louis XV restaurant, she was eagerly awaiting her entree, a poached Breton lobster. But then, poised next to the breadbasket, her BlackBerry Pearl came to life, and so did her technology addiction. She lunged for it and swiftly pecked out a response to my request for BlackBerry anecdotes: "I'm so addicted to this device that I stopped mid-bite to rush to send this message. My dining partners are staring at me…

WednesdayJun 11, 2008 4:44 pm

Optical Cable Corporation (OCCF) Reports 270% Increase in Net Income for the Second Quarter

Optical Cable Corporation (OCCF), a manufacturer of fiber optic cables for military and civilian clients worldwide, reported second quarter results today after the close. Revenues increased 21.2% year-over-year to $13.5 million. Net income rose to $878,000, or 15 cents per share, vs. $237,000 for the same period last year, an increase of 270%. "We are pleased with Optical Cable Corporation's financial performance during fiscal 2008 to date,” stated Neil Wilkin, president and CEO of Optical Cable. “Our strategies and investments are positively impacting the Company's results as evidenced by year-over-year increases in net sales, gross profits and net income. We…

WednesdayJun 11, 2008 12:48 pm

mPhase Technologies Inc. (XDSL.OB) Helping to Expedite the Evolution of Batteries

mPhase Technologies Incorporated has made the most significant breakthrough in battery technology in more than 100 years. The company’s new AlwaysReady Smart NanoBattery is helping batteries keep pace with the highly evolved electronics they are used to power. The technology inherent in this new NanoBattery provides the manufacturer the ability to produce it on such a miniaturized level it can be placed on a microchip. The new NanoBattery uses a chemical reaction similar to traditional batteries, but it utilizes a unique mechanism to combine the chemicals and control the characteristics of the reaction. mPhase refers to the controlled reaction as…

WednesdayJun 11, 2008 11:28 am

Mega Media Group Inc. (MMDA.OB) Subsidiary Pulse 87 FM Signs Advertising Agreement With Major World Automotive

Pulse 87 FM, WNYZ-LP recently announced the signing of an annual advertising agreement with Major World Automotive, a New York automotive dealership. The terms of the contract are strictly dependent upon ratings, but present annual value is $192,000. However, with an increase in ratings the potential maximum one year value of the contract could exceed $420,000. The ratings are monitored by the Arbitron PPM ratings system, and tracked on a weekly basis as stated in the agreement. Chris Orsaris, the GM of Major World Automotive, commented on the deal and the company’s standing with Pulse 87 by saying, “Thru the…

WednesdayJun 11, 2008 11:00 am

ideaEDGE Inc. (IDAE.OB) Receives $1.2M Financing to Launch Platform to “Bank” on Social Sites and Gift Cards

ideaEDGE Inc. (OTCBB: IDAE) develops prepaid gift card programs utilizing highly popular social sites such as MySpace and Facebook, which have a combined audience of more than 170 million users. It’s an audience that keeps growing as users from all over the world, from every walk of life, and of every age jump on the social networking bandwagon. ideaEDGE today announced it has secured $1.2 million of new equity funding, which will allow the company to rollout its Social Network Enable (SNE) Group Gift Card platform in late 2008. “Our industry partners are excited about the potential of our SNE…

WednesdayJun 11, 2008 10:58 am

Accentia Biopharmaceuticals Inc. (ABPI) Subsidiary Releases Positive Results for Clinical Trial of Non-Hodgkin’s Lymphoma Treatment

Biovest International Inc. (OTCBB: BVTI), a majority-owned subsidiary of Accentia Biopharmaceuticals Inc. (NASDAQ:ABPI), today announced “highly encouraging” results for its controlled, pivotal phase 3 clinical trial of BiovaxID to treat the occasionally fatal blood cancer, indolent follicular non-Hodgkin’s lymphoma (NHL). "Although these results are blinded, this data shows two distinct populations in the study, with unequivocal evidence of a difference in disease-free survival among the two arms. This is in direct contrast to previous anti-NHL vaccine failures which showed little difference between the treatment arm and the control arm. Based on the similar pattern to our phase 2 data, we…

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