WESTON, Fla., March 18, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: College Partnership Inc. (OTCBB:CGPA), Senetek PLC (Nasdaq:SNTK), Trident Microsystems (Nasdaq:TRID) and Rainmaker Systems Inc. (Nasdaq:RMKR).
Aggressive investors should take a look at College Partnership Inc. (OTCBB:CGPA) this morning! Yesterday right before the markets closed, the company issued a press release announcing that it has entered into an agreement with The QuanStar Group, LLC, under which QuanStar will actively assist the Company with developing strategic partnerships and in refining and executing its growth and operational plans!
This could be great news for investors! QuanStar will also work with CGPA to create additional direct sales channels for the Company's suite of products and services. The QuanStar Group is a nationally known strategic management company which provides multilevel business services to a selected group of high growth companies and positions itself to advancing businesses as an external executive and board resource that can help to resolve issues, design growth paths and examine business expansion opportunities.
Investors should really keep their eyes on this company! Mark N. Sirangelo, founder and CEO of QuanStar, commented: "We have been extremely impressed with College Partnership, its business model and with the opportunity which it has in front of it. Because of the personal nature of how we provide our services, we are very selective in our client base and take on only one of every ten companies that approach us. We believe that CGPA represents one of the best early stage companies we have seen." Mr. Sirangelo has, during his twenty year career, successfully grown and built several of his own companies and has actively advised over a dozen high growth early stage companies.
Arnold I. Burns, Chairman of QuanStar, further commented: "Even though the College Partnership has already experienced significant growth, it has only begun to tap the obvious need in the country for its services. Education and access to education for all is one of the top priorities of our country today, and College Partnership has already successfully helped tens of thousands of families find a better future for their children." Prior to QuanStar, Mr. Burns most recently served as Managing Director of an international investment bank, was formerly the Deputy Attorney General of the United States Department of Justice and has, in his business and legal capacities, successfully assisted hundreds of companies over a 50-year career.
The stock closed yesterday at twenty-nine cents a share.
In case you are unfamiliar with the company: College Partnership, Inc. is a full-service college planning company, offering students and their families' integrated resources and services to guide them through the college preparation and financial aid process. College Partnership Inc.'s suite of products and services integrates career planning, college major/field of study selection, college selection, college entrance testing searches for merit awards and financial aid packages.
College Partnership Inc.'s products consist of printed materials, videocassettes and test preparation materials, college major/field of study and career assessment software, and databases accessible through CD-ROM and via the Internet. With the combined strengths of offering the identification of financial aid resources available, consulting, college targeting, scholastic planning and coaching tools, College Partnership, Inc. is able to provide superior educational resources that help families to reduce college costs, save time, decrease stress and ensure students the highest probability of not only choosing the right school, but gaining the ability to attend that school both academically and financially.
Stocks showing interesting activity yesterday were: Senetek PLC (Nasdaq:SNTK) up 12.5% on 11.7 million shares traded, Trident Microsystems (Nasdaq:TRID) up 24.7% on 1.3 million shares traded and Rainmaker Systems Inc. (Nasdaq:RMKR) up 17.6% on 882,400 shares traded.
Commentary: The Economy
"High prices for gasoline in the U.S. are spurring drilling of new wells all over the world, according to an industry spokesperson. However, the industry spokesperson notes that China and other rapidly developing nations could place a higher demand for gasoline and other petroleum products for the next several years. Economists like to point out that, when adjusted for inflation, the price of a gallon of gasoline, averaging $2 per gallon in some major cities, is still lower than in the 1950's," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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