WESTON, Fla., Feb. 5, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to focus on" this morning are: Oxford Ventures Inc. (OTCBB:OXFV), Pentair Incorporated (NYSE:PNR), Safescript Pharmacies(TM) Inc. (OTCBB:SAFS) and Career Education Corp. (Nasdaq:CECO).
Aggressive investors will want to watch Oxford Ventures Inc. (OTCBB:OXFV) this morning! Yesterday after the markets closed, the company issued a press release announcing that the company's first significant marketing agreement has been signed with Lugnuts Marketing LLC. A five-year agreement, Lugnuts Marketing is obligated to place 1,250 units during the term, equating to 20 cars per month!
Oxford is an Arizona-based reality simulator game company that develops and distributes the most advanced, full-size racecar simulator available today.
This could be great news for investors! Lugnut Marketing will also market and monitor the weekly league and non-league play of the Oxford Ventures "Xtreme Racing Cup" NASCAR(TM) Simulator play through the coin operator network. John Alguire and J.R. Schmitz, the two individuals who head up Lugnuts Marketing, have extensive backgrounds in the coin-operated industry. Alguire has been in the coin machine industry for more than 30 years, while Schmitz is the past president of the Wisconsin Amusement Machine Association and was the vice president of Pocket Change of America, which had more than 200 video arcades in shopping malls in 30 states.
Keep your eyes on this company! At present, Schmitz is president of Premier Game Co., which has the exclusive contract with Carmike Theaters for all of the operation of the coin-operated amusements in their theaters, which total more than 300 theaters nationwide.
Oxford Ventures stock closed at $2.00 a share yesterday.
Oxford Ventures Inc. is an Arizona-based holding company that seeks out promising, startup investment opportunities. In December 2003, Oxford Ventrues took a majority position in Xtreme Games (www.extreme-games.net), a reality simulator game company. Xtreme Games develops and distributes the most advanced, full-size NASCAR(TM) simulator available today.
NASCAR is a registered trademark of NASCAR Inc. Oxford Ventures Inc. is not related to NASCAR Inc. or its racing series, and is not a licensed user of the NASCAR trademark. Xtreme Games Racing League is a trademark of Oxford Ventures Inc.
Stocks showing interesting activity yesterday were: Pentair Inc. (NYSE:PNR) up 10.9% on 3 million shares traded, Safescript Pharmacies(TM) Inc. (OTCBB:SAFS) up 15.9% on 1.4 million shares traded and Career Education Corp. (Nasdaq:CECO) up 7% on 4.7 million shares traded.
Commentary:
"U.S. banks reported an increase in demand for business loans for the first time in four years, as companies grow more confident in the expanding economy; this according to a Federal Reserve survey. Demand for commercial real estate loans in the last three months has increased for the first time since 2000. The demand for home mortgages is still strong. A survey of senior loan officers at 56 domestic and 21 foreign banks did the survey. The growth in the U.S. economy the last six months of 2003 helped to prompt demand and spending at companies, also reported in the survey," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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