WESTON, Fla., Feb. 26, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Air-Q Wi-Fi Corporation (OTCBB:AQWF), U.S. Home & Garden Inc. (OTCBB:USHG), Maxwell Shoe Company Inc. (Nasdaq:MAXS) and Copart Inc. (Nasdaq:CPRT).
Aggressive investors will want to watch Air-Q Wi-Fi Corporation (OTCBB:AQWF) this morning! Yesterday after the markets closed, the company issued a press release announcing that it had opened two of its Q-Spot(tm)-brand Wi-Fi hotspots for customer use in two prominent retail areas in Phoenix! One of the new Q-Spots is located in a Market Street Coffee Company store located in Phoenix's popular 7th Street District. The Paradise Bakery & Cafe, located in Gainey Village, is the host of Air-Q's other new Phoenix-area Q-Spot. Customers at these eateries have already begun to access the Internet via Air-Q's Wi-Fi service.
This could be more great news for investors! Customers at these eateries have already begun to access the Internet via Air-Q's Wi-Fi service. "Placing our Q-Spots in these cafes in very popular retail areas will be of great value to us, as we continue to increase awareness of Air-Q's Wi-Fi service," said David Loflin, Air-Q's President. Mr. Dan Nease, owner of Market Street Coffee Company, offered, "We have been happy to work with Air-Q on rolling this service out. They have been extremely efficient and our customers are very pleased with the Wi-Fi service."
The stock closed yesterday at $3.75 a share.
In case you are not familiar with the company: Air-Q Wi-Fi is a development-stage company that develops and operates wireless Internet access systems. Its first Wi-Fi Internet access system is located in Baton Rouge, LA, and its second Wi-Fi system is located in Phoenix, AZ. Air-Q's "Wi-Fi" (hotspot) Internet access system operates on a platform comprised of Wi-Fi standard equipment that has been configured in a proprietary manner. Air-Q's business plan focuses on the marketing of its wireless Internet access services to businesses and residential customers, as well as to visitors to its markets with Wi-Fi compatible laptop computers and other wireless devices.
Stocks showing interesting activity yesterday were: U.S. Home & Garden Inc. (OTCBB:USHG) up 100% on 3.6 million shares traded, Maxwell Shoe Company Inc. (Nasdaq:MAXS) up 19.5% on 2.2 million shares traded and Copart Inc. (Nasdaq:CPRT) up 15.8% on 1.8 million shares traded.
Commentary: Markets
"According to a survey by Residential Mortgage Services Inc., 2004 may be a bigger and better year for housing. Interest rates, at the lowest since the Eisenhower Administration in the 1950's, along with the expected creation of 1 million new households, are expected to create a banner year for housing and refinancing in 2004. Home building, which accounts for 5 % of the 11 trillion U.S. economy, will continue to fuel growth this year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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