latest news releases from the newsroom
Recent Stockwinners.com Option Picks Average Eighty-Nine Percent Gains
AUSTIN, Texas, Feb. 10, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Stockwinners.com. Selections featured in recent Stockwinners.com http://www.STOCKWINNERS.com Option Picks postings registered an average short-term gain of 89 percent. In the four months ending February 7th, the equities research firm addressed the upward price potential of 348 publicly traded stock options. On average, the entire group was up 89 percent in eight days. The postings included two hundred sixteen calls and one hundred thirty-two puts.
Results of TeliaSonera's mandatory redemption offer and issue of new shares
STOCKHOLM, Sweden, Feb. 10, 2003 (PRIMEZONE) -- TeliaSonera (SSE:TLSN) (HEX:TLS1V) (Nasdaq:TLSN) today announces that 48,441,495 shares in Sonera (HEX:SRA), including shares represented by American depositary shares ("ADSs"), and 2,544,343 warrants in Sonera, together representing 4.5 percent of the shares and votes in Sonera, after full dilution, have been tendered in TeliaSonera's mandatory redemption offer for all of the remaining shares, including shares represented by ADSs, and warrants in Sonera.
Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP Announces Filing of Class Action Lawsuit Against MCSi, Inc. -- MCSI
NEW YORK, Feb. 10, 2003 (PRIMEZONE) -- Notice is hereby given that a class action lawsuit was commenced in the United States District Court for the Southern District of New York, on behalf of all purchasers of MCSi, Inc. ("MCSi" or the "Company") (Nasdaq:MCSI) securities between July 24, 2001 and February 26, 2002, inclusive (the "Class Period"). A copy of the complaint filed in this action will be available on the firm's website at www.faruqilaw.com.
Environmental Council of the States Selects Interliant for Hosted Online Collaboration
PURCHASE, N.Y., Feb., 10, 2003 (PRIMEZONE) -- Interliant, Inc. (OTCBB:INIT), a leading provider of managed infrastructure solutions, today announced that it has implemented a hosted IBM Lotus(r) Team Workplace (QuickPlace) online collaboration solution to support the Network Steering Board (NSB), a group of senior executives from state environmental departments and the U.S. Environmental Protection Agency (EPA) charged with implementation of the Exchange Network, a new Internet-based environmental information exchange initiative. The solution includes Interliant hosting and professional services to customize the Team Workplace.
The Inland Real Estate Group of Companies
Inland Retail Acquires Northeastern Drug Store Portfolio for $59 Million
OAK BROOK, Ill., Feb. 10, 2003 (PRIMEZONE) -- Inland Retail Real Estate Trust, Inc. has acquired a drug store portfolio in the northeastern U.S. for more than $59 million. The portfolio is made up of 19 almost new, free standing, drive-thru Eckerd Drug Stores in Pennsylvania, New York and West Virginia. The aggregate net rentable square footage of this transaction is 210,906 square feet. All properties in this transaction have long-term triple net leases.