Tech Earnings and Projections Could Be Lower In Fourth Quarter Due To Fiscal Cliff

 Tech Earnings and Projections Could Be Lower In Fourth Quarter Due To Fiscal
                                    Cliff

  PR Newswire

  NEW YORK, January 7, 2013

NEW YORK, January 7, 2013 /PRNewswire/ --

Top Five Stocks Review - World Moto, Inc. The Goldman Sachs Group, Nokia
Corporation

Futures were mixed ahead of the first full week in trading this year early
this morning in the markets. There is a feeling on Wall Street ahead of 4 ^th
quarter earnings that some companies could miss expectations or have to lower
guidance based on the mess associated with the Fiscal Cliff. The reports
suggesting that businesses which would normally have excess cash to be
invested in technology in December each year have been holding those funds
back.

World Moto, Inc. (OTC: FARE) received much attention in trading on Wall Street
last week. FARE was up in the green for the whole week and ended up closing
on Friday at 0.26 cents for a gain of 13% on the day. FARE also traded in
excess of $10 million on the trading day.

The Goldman Sachs Group (NYSE: GS) had a very solid day to finish last week,
up around 5 trading points on heavy volume and positive news. The company was
speaking this morning regarding Chinese investments and there opinion that
they will be right on those stocks this year. Goldman's track record so far
in these investments is not great but they obviously think the tide is about
to turn.

Nokia (NYSE: NOK) was slightly higher in Fridays trading and many people are
discussing this stock which also trades under (NOKBF) on the OTC market as
being in a make or break year. Shares of NOK have been on the rise recently
and have more than doubled just since last summer. The company has new
releases planned and looks like building on this success in 2013.

Amarantus Biosciences (OTC: AMBS) managed to stay flat on Friday after being
down double digits the day before in the small cap markets. AMBS traded $3
million and was higher by 0.6%; we will continue to track these names based on
volume this week and see if they can build on Friday's closing prices.

AMR Corp (OTC: AAMRQ) was another company in the small cap space which has
traded heavily all through December. Can AAMRQ get passed the $1.00 level is
the question on most people's minds, and for the moment the answer to that
question is No. AAMRQ was higher by 3.5% in Friday's session on over $2
million traded, the stock closed at $0.87.

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