WESTON, Fla., Feb. 10, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to focus on" this morning are: Oxford Ventures Inc. (OTCBB:OXFV), Silicon Laboratories Inc. (Nasdaq:SLAB), Boyd Gaming Corporation (NYSE:BYD) and deCODE genetics Inc. (Nasdaq:DCGN).
Aggressive investors may 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 Xtreme Games ("XG") subsidiary has signed an agreement with Rev's Sports Grille ("Rev's") for the purpose of incorporating 36 XG's NASCAR(tm) Racecar Simulators into their theme restaurants, beginning with the first location in Tempe, Ariz.!
This could be more great news for investors! Rev's Sports Grille is a racing theme bar and restaurant. The first Tempe location is expected to be open in March 2004 with plans to build 17 additional locations throughout the United States within the next two years. "Rev's has contracted with XG for placement of two NASCAR(tm) Simulators at each location with both league play and side-by-side racing available," said Daniel K. Leonard, Oxford's CEO. "The Rev's restaurant theme has tremendous possibilities considering the 75 million plus NASCAR fans."
Keep your eyes on this one! The stock closed yesterday at $2.07 a share.
Oxford Ventures Inc. is an Arizona-based holding company that seeks out promising, startup investment opportunities. In December 2003, Oxford Ventures 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.
About NASCAR(tm)
Founded by Bill France Sr. in 1948, the National Association for Stock Car Auto Racing or NASCAR(tm) (www.nascar.com) is one of the fastest-growing spectator sports in the United States. According to a 2002 Marquette University study, 75 million Americans considered themselves a NASCAR(tm) fan in 2001, up from 63 million in 2000. NASCAR(tm) runs approximately 90 races each year in 25 states and one race can attract more fans than an NBA finals game, a World Series game or the Super Bowl.
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: Silicon Laboratories Inc. (Nasdaq:SLAB) up 11.7% on 4.6 million shares traded, Boyd Gaming Corporation (NYSE:BYD) up 6.1% on 2.4 million shares traded and deCODE genetics Inc. (Nasdaq:DCGN) up 10.6% on 1.9 million shares traded.
Commentary:
"Earnings reports due out this week; Coca Cola on Wednesday and Dell on Thursday. In general, companies fourth-quarter results so far have been better that expected, this according to Thompson Financial, and analysts have raised earnings forecasts for the first quarter of 2004," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 13 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
-- Wall Street News Alert is not affiliated with faxes bearing the names Wall Street Stock Alert or Wall Street News Alert! --
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated twenty thousand and five hundred dollars for coverage of Oxford Ventures Inc. (OTCBB:OXFV), by a third party (Alex Consulting Inc), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF does not own any (OTCBB:OXFV) shares. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock. Market commentary provided by Sonja Rudd.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.