latest news releases from the newsroom
StockPickReport: Revel in your Deficiency
SHREVEPORT, La., Nov. 10, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com - an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates Lucent, Citigroup Inc., Sanmina-SCI Corporation, Level 3 Communications.
Flint Telecom Group, Inc.
Semotus Reports Second Quarter Financial Results; Company Increases Revenues by 23%
LOS GATOS, Calif. , Nov. 10, 2004 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), an innovative provider of real-time professional market data and intelligent wireless communications software, reported its financial results for the three and six months ended September 30, 2004. The Company's focus on marketing and sales was reflected in a 23% increase in revenues in both periods to $457,562 and $898,137 in the three and six months ended September 30, 2004 versus $373,172 and $726,834 in the three and six months ended September 30, 2003. The revenue increase is the result of a recovering technology economy with increased IT purchases and the result of the Company having increased its sales force. Semotus also reduced its cash burn from operations by 53%. Gross profit margin increased to 84% for the three and six months ended September 30, 2004 versus 83% in the three months and 80% for the six months ended September 30, 2003.
Stockgroup Information Systems, Inc.
Stockgroup Announces Profitable Third Quarter Results
NEW YORK, Nov. 10, 2004 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB), a financial media and technology company, is pleased to announce its financial results for the third quarter ended September 30, 2004. There was a conference call to discuss the Q3 results Tuesday, Nov. 9 at 4:05pm EST. The full quarterly report on Form 10-QSB will be available on EDGAR and SEDAR today.