WESTON, Fla., Feb. 11, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Digital Rooster.com LTD (OTCBB:DGRLF), Pacific Internet Ltd. (Nasdaq:PCNTF), Telular Corporation (Nasdaq:WRLS) and Gemplus International S.A (Nasdaq:GEMP).
Aggressive investors may be watching Digital Rooster.com LTD (OTCBB:DGRLF) again this morning! Yesterday after the markets closed, the company issued a press release announcing that the demand for advertising on the High Speed Internet Access (HSIA) devices it controls through a partner has created an overwhelming response from customers!
This could be more great news for investors! According to the press release, "Potential advertisers are fighting to completely control premium advertising space on the device in order to block out their competitors," stated John Alex van Arem, CEO of Digital Rooster.com. "After a demonstration of the device, some of our customers have demanded that they be allowed to buy the whole first tier of advertising which had been designed for six advertisers to share."
Continue to keep your eyes on this company! The company has also begun development of a chat based entertainment service to operate on the (HSIA) device platform of its partner. The service will allow people staying at hotels to communicate via the HSIA device with other travelers either in the same hotel or local hotels. Hotel guests will be charged a daily access fee added to their hotel bill for use of the service.
The company announced last week that its hotel venture partner, a supplier of High Speed Internet Access (HSIA) devices, would be introducing an enhanced product later this year enabling Avrada to introduce more lucrative interactive services such as games, chat, dating and 1-to-1 video streaming.
The stock closed yesterday at sixty-two cents a share.
In case you are unfamiliar with Digital Rooster.com LTD: The company is a marketing and billing solutions provider of online entertainment.
Stocks showing interesting activity yesterday were: Pacific Internet Ltd. (Nasdaq:PCNTF) up 48% on 2.8 million shares traded, Telular Corporation (Nasdaq:WRLS) up 8.8% on 780,900 shares traded and Gemplus International S.A (Nasdaq:GEMP) up 12% on 591,600 shares traded.
Commentary:
"Algiers, Algeria saw the OPEC meetings the last few days come to a resolution to cut 1 million barrels per day of oil starting April 1st. The 11 member OPEC cartel, which pumps about one-third of the world oil consumption, expressed fears of falling prices in the spring and a lessening of global demand, by as much as 2.5 million barrels per day. Tuesday saw oil prices jump to $33 per barrel, up from Friday's $28 per barrel. Supply has lagged demand, especially from China, where demand continues to grow as their economy surpasses expectations," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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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 was compensated one hundred and eighty-four thousand shares and thirty-one thousand dollars, for coverage of Digital Rooster.com LTD (OTCBB:DGRLF) by a third party (Alex Consulting Inc), who is non-affiliated and may own a significant position in the stock, for services provided including dissemination of company information in this release. WSCF has sold all of the 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.
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