WESTON, Fla., Dec. 19, 2003 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: LocatePLUS Holdings Corp. (OTCBB:LPLHA), Take-Two Interactive Software Inc. (Nasdaq:TTWO), Sun Microsystems Inc. (Nasdaq:SUNW) and General Electric Company (NYSE:GE).
Aggressive investors will want to continue to watch LocatePLUS Holdings Corp. (OTCBB:LPLHA)! Yesterday after the markets closed, the company issued a press release announcing that it has joined the Motorola Developer Program, which is designed to help software developers around the world to accelerate the creation of compelling new applications for the wireless industry! LocatePLUS currently markets the wireless product, "AnyWhere(tm)," a fully integrated wireless data query and messaging system to provide on-demand, 24/7 access to the Company's proprietary, 100-terabyte investigative database via a Blackberry device. By entering the Motorola Developer Program, LocatePLUS anticipates to extend its applications to new wireless devices and delivery options. This could be big news for investors!
LocatePLUS CEO Jon Latorella stated, "The wireless content market, currently valued at $6 billion, represents an enormous and important market extension for our product line. Law enforcement, private investigators, legal and insurance professionals, collections bureaus and corporate security are some of our target customers who stand to benefit from increased wireless delivery options. By entering into the Motorola Developer Program, we look forward to developing additional applications for wireless delivery that build upon our highly-successful AnyWhere product."
If you are unfamiliar with the company, LocatePLUS is an industry-leading provider of public information and investigative solutions that are currently being used in homeland security, anti-terrorism and crime fighting initiatives. The Company's proprietary, Internet-accessible database is marketed to business-to-business and business-to-government sectors worldwide. LocatePLUS' customer base exceeds 13,500 members, including over 2,000 law enforcement agencies, as well as many major police departments across the country. Clients include many of the nation's leading agencies, such as the FBI (Federal Bureau of Investigation), ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) and DEA (Drug Enforcement Administration). Channel partners include Loislaw and Earthlink.
The company is one of the fastest growing business-to-business and business-to-government providers of public information, estimates that it has information on nearly 98% of the adult population and data entries relating to approximately 205 million individuals in the United States -- maintained in one of the largest and most comprehensive XML data sources of its kind, capable of national delivery. Keep your eye on this one! The stock closed yesterday at twenty-five cents a share.
Stocks showing interesting activity yesterday were: Take-Two Interactive Software Inc. (Nasdaq:TTWO) down 8.39% on 10,298,000 shares traded, Sun Microsystems Inc. (Nasdaq:SUNW) up 3.38% on 31,132,900 shares traded, and General Electric Company (NYSE:GE) up 0.39% on 24,322,600 shares traded.
Commentary: Gift Giving
"The preferred present is plastic, as in plastic gift cards. Ages range from kiddies to your grandparents, they are portable, easily used, and no need to stand in the long return lines after the holidays. Yes, gift cards are hotter than ever. Merchants expect to sell more than $17 billion, or 8% of actual business this holiday season in gift cards," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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