WESTON, Fla., March 3, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Oxford Ventures, Inc. (OTCBB:OXFV), Mamma.com Inc. (Nasdaq:MAMA), Niagara Corporation (Nasdaq:NIAG) and International Business Machines (NYSE:IBM).
Aggressive investors may want to turn their sights on Oxford Ventures, Inc. (OTCBB:OXFV) this morning! Yesterday the company began trading post-split and issued a press release announcing that it is getting ready for the upcoming exhibit in Las Vegas!
This could be good news for investors! According to the press release: In anticipation of strong interest in live demonstrations of the company's NASCAR(TM) Racecar Simulator next week at the 2004 Nightclub & Bar Convention in Las Vegas, management has been preparing for this important venue, referred to in the industry as simply "The Show". Oxford Ventures' Xtreme Games Division will exhibit at Booth No. 5408 on March 9 and 10 and will have the NASCAR(TM) Simulator on display for the first time in such a venue. There will be demonstrations conducted at this event for the benefit of prospective customers within the bar and nightclub industry, and will generate first-time awareness within this key industry for the racecar simulator.
Keep your eyes on this one! Last month the board of directors had approved this stock split in order to increase the potential investor audience and enhance the trading environment of Oxford Ventures Inc. common shares.
The stock closed yesterday at Fifty cents a share.
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.
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: Mamma.com Inc. (Nasdaq:MAMA) up 149.3% on 65.4 million shares traded, Niagara Corporation (Nasdaq: NIAG) up 23.2% on 1.6 million shares traded and International Business Machines (NYSE:IBM) down .23% on 4.9 million shares traded.
Commentary:
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