TuesdayMar 25, 2008 6:48 am

3Com Corp. (COMS) Reports Financials For Third Quarter

3Com Corporation (NASDAQ: COMS) late yesterday afternoon reported financial results for its fiscal 2008 third quarter. Revenue in the quarter was $336.4 million compared to revenue of $323.4 million in the corresponding period in fiscal 2007, a 4 percent increase. Net loss in the quarter was $7.8 million, or $0.02 per share, compared with a net loss of $4.8 million, or $0.01 per share, in the third quarter of fiscal year 2007. The net loss increase was a result of a $6.1 million non-cash deferred tax liability. 3Com generated $44.1 million in cash from operations. "On an operational basis we…

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TuesdayMar 25, 2008 4:51 am

Universal Technical Institute Inc. (UTI) Business is at the Heart of Economic Recovery

The Schools Industry of the Services Sector is a favorite hunting ground for strategic stock market investors. Demand for trained people is a certain consequence of economic upturns. Since it takes time to build industrial skills, the Schools Industry typically moves ahead of the rest of the business cycle. Hence, investments in this part of the stock market are optimal when current commercial conditions are relatively depressed. This stock is an excellent small capital opportunity within the Schools Industry. The Institute offers post-secondary training and qualifications. It helps people prepare for rewarding careers as technicians in all manners of automotive…

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TuesdayMar 25, 2008 4:46 am

Avatar Holdings Inc. (AVTR) Business Derives Extraordinary Value from Realty Assets

Investors will understand poor business performance in 2007 by Real Estate Operations Industry stocks. This company has suffered an especially steep decline. It earned less than $22 million last year against nearly $175 million in 2006. The management has admitted that full recovery is unlikely during 2008. The small capital stock has been below $48 against a 52-week high of over $84. Discerning investors with long term horizons will recognize that the inherent value of the stock. There are three sound reasons to support this stock. The company owns more than 30 thousand acres of prime land in Florida and…

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TuesdayMar 25, 2008 4:26 am

Lumera Corporation (LMRA) Announces Defense Advanced Research Projects Agency Contract

Lumera Corporation, a leader in photonic communications that designs electro-optic components based on proprietary polymer compounds for the telecommunications and computing industries, announced March 24th that it has been awarded the Defense Advanced Research Projects Agency 9DARPA) phase I Small Business Innovation Research contract for $98,933 to design and fabricate polymer devices. Lumera may receive a subsequent contract in the rand of $750,000 if certain milestones are completed. Dr. Raluca Dinu, VP, Electro-Optic Business Unit said, “It is gratifying to see, by this contract award, DARPA’s confidence in our capabilities to develop superior electro-optic polymer materials. The final goal and…

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TuesdayMar 25, 2008 4:22 am

Innovative Card Technologies, Inc. (INVC) Announces Launch of Smart DisplayCard

March 24th, Innovative Card Tech. (“ITC”), a developer of a breakthrough authentication solution for electronic banking, buying, and data systems access, announced the launch of Smart DisplayCard, which is the first product to add functionalities to payment cards that enable dual-factor authentication in a convenient card form. The ICT DisplayCard blends the security of a one-time passcode token directly into a card the size of a payment card. With a “push-button” design on the card, you press the button and a one-time passcode is displayed on the card itself. When you are performing an online transaction, you will enter this…

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TuesdayMar 25, 2008 4:19 am

BioSolar™, Inc. (BSRC.OB) Is Featured in Direct2Project Magazine

BioSolar™, the developer of breakthrough technology producing bio-based materials from renewable sources that will reduce the cost per watt of solar cells, announced that it has been featured in the current edition of Direct2Product’s magazine. The magazine reinforces the company’s standing within the photovoltaic industry. Design2Part Magazine, a national publication for the superior engineering and manufacturing industry, focuses the March 08 edition on “How Clean Technologies are Driving Manufacturing in New Directions.” The issue covers the numerous ways that the CleanTech revolution is shifting the way business is done in just about all sectors of the economy. The editorial remarks…

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TuesdayMar 25, 2008 3:47 am

Composite Technology Corporation (CPTC.OB) Announces New Orders

Composite Technology Corporation (CTC) (OTCBB: CPTC) recently announced that it has new orders for 460 kilometers (286 miles) of ACCC™ conductor to be used on the Chinese electrical grid. The order was issued through the company's subsidiary, CTC Cable Corporation, by Far East Composite Technology Company, a subsidiary of Jiangsu New Far East Cable Corporation. The order is valued at approximately $3.1 million. The ACCC™ conductor is made up of multiple core sizes with associated hardware for several installations including sites in Jiang Xi Province and Nanjing City. A three year distribution agreement was made between CTC Cable and Far…

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MondayMar 24, 2008 12:50 pm

Art Technology Group, Inc. (ARTG) ATG Commerce Platform Chosen by Quebecor Media Inc. for Website Upgrade Capabilities

Art Technology Group, Inc. (ARTG) announced recently that Quebecor Media Inc. has selected the company’s ATG Commerce platform to enhance personalization capabilities and extend the Web sites for some of the most popular Web properties in Canada. Quebecor Media Inc. is a subsidiary of Quebecor Inc., a communications company with operations in North America, Europe, Latin America and Asia. Quebecor Media Inc. owns operating companies in numerous media related businesses. Technology experts at Quebecor were impressed with the flexibility, scalability and ease of integration of the ATG platform. Quebecor Media’s wide range of media properties enables it to execute effective…

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MondayMar 24, 2008 8:26 am

GVI Security Solutions, Inc. (GVSS.OB) Reports Financial Results

GVI Security Solutions, a leading provider of video security solutions to homeland security, institutional and commercial market segments, has released its year end financial results for 2007 as well as announced four straight quarters of profits. According to the company’s financial statements, Net Income was approximately $2.6 million compared to a loss of approximately $16.5 million in 2006. Pretax earnings from continuing operations were approximately $1.5 million as compared to a loss of approximately $13.8 million in 2006. The difference between net income and pre-tax income from continuing operations was due to a tax loss carry-forward that produced a net…

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MondayMar 24, 2008 8:18 am

NetSol Technologies, Inc. (NTWK) Shares Up after News of Buyback

Shares of NetSol Technologies, Inc. (NASDAQ:NTWK) are up 9%, climbing 14 cents to $1.67 in late Monday morning trading. Today, the company announced its board of directors has approved a share repurchase program authorization to buy back up to one million of its issued and outstanding common shares, effective March 24, 2008 through Sept. 24, 2008. "NetSol's board of directors' approval of the new share repurchase program reflects the confidence it has in NetSol's future and the value it sees in the company's current share price. While we continue to focus on the strength of our balance sheet to provide…

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