Wall Street News Alert -- OTC Stock Traders Watch! March 4,
WESTON, Fla., March 4, 2004 (PRIMEZONE) -- Wall Street News Alert's
"stocks to watch" this morning are: Xfone Inc. (OTCBB:XFNE), Global
Industries Ltd. (Nasdaq:GLBL), Conceptus Inc. (Nasdaq:CPTS) and
Gemstar-TV Guide International (Nasdaq:GMST).
Aggressive investors need to watch Xfone Inc. (OTCBB:XFNE) this
morning! Yesterday after the markets closed, the company issued a press
release announcing that it will be airing a new round of commercials
featuring the company on CNBC Television!
This awareness campaign could be great news for investors! The
commercial highlights feature company news and was directed by
Financial Relations Inc., in partnership with KMGI, Inc. in New York,
which also works with Fortune 500 advertisers. KMGI's extensive client
list includes GE, Intel, DuPont, Pepsi, American Airlines, CBS, owned
by Viacom, Volvo, Siemens, CNN, Best Western, and The Washington Post.
Keep your eyes on this company! According to the press release, the
company recently announced that it had entered into an agreement with a
group of institutional investors to provide up to $2 million U.S.
dollars of new equity financing through the sale of the Company's
common stock and warrants if exercised. The company at year's end
announced its second annual cash dividend. The Cash Dividend followed
their record third quarter and record nine month generating
unprecedented revenues and net income.
The stock closed yesterday at $4.52 a share.
In case you are not familiar with the company: Xfone, Inc. is a
publicly traded international phone holding company and new brand name
based in the U.S.A. Xfone offers an Internet-based interface of "One
Shop -- One Bill" for all telecommunication needs with minimal
managerial costs. Swiftnet, Xfone's subsidiary in the U.K., is a
low-cost telecommunications provider.
Stocks showing interesting activity yesterday were: Global Industries
Ltd. (Nasdaq:GLBL) up 1.6% on 1.3 million shares traded, Conceptus Inc.
(Nasdaq:CPTS) up .38% on 320,700 shares traded and Gemstar-TV Guide
International (Nasdaq:GMST) down .88% on 3.6 million shares traded.
Commentary: Cable or Satellite T.V.?
"Local phone companies will be offering satellite TV services soon. The
Baby Bells have begun dangling discount-TV service as part of a package
deal to customers who have signed up for their local phone service. The
phone/satellite bundle deals are a way for phone companies to try to
keep customers, many who have been shopping around or defected in the
last year. The TV service is part of a broader trend where the regional
phone companies are trying to shift the core of their business to the
broadband, wireless and RTV business, according to a news article in
the Wall Street Journal," stated Sonja Rudd in Wall Street News Alert's
daily commentary continued at: http://www.WallStreetNewsAlert.com.
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(OTCBB:XFNE), by a third party (Financial News USA), who is
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This release contains "forward-looking statements" within the meaning
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consider these factors in evaluating the forward-looking statements
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CONTACT: Wall Street News Alert
Provider ID: 00053648
-0- Mar/04/2004 14:05 GMT
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