SARASOTA, Fla., April 5, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Investors may want to keep tabs on IPIX Corporation (Nasdaq:IPIX) for Monday as the stock is soaring of late. After hours Friday showed IPIX up $3.35 (83.75%), last print at $7.35. Volume was very heavy as well with 25,316,812 shares traded compared to its daily average of 746,772. The stock was at $1.94 a share not long ago on March 22.
Another stock to keep an eye on Monday is Sun Microsystems (Nasdaq:SUNW). SUNW trading a whopping 214,327,504 shares to close above the $5 mark for the first time since March 4th at $5.06 a share. Investors seem to love the news that Sun Microsystems Inc. and Microsoft Corp. announced Friday that they reached a "broad cooperation agreement" and set all outstanding litigation between the two rivals.
Current Stock Watch is for:
Oxford Ventures Inc. (OTCBB:OXFV), announced an agreement with Danaher Motion for the development of a custom electronic Actuators in Oxford's Xtreme Games ("XG") Racing Simulators. Danaher Motion is a global provider of motion control systems and components.
The agreement calls for Danaher to supply the new movement system for all XG Simulators going forward. Current design calls for the use of hydraulics to move the car body up and down and side to side, helping create the racecar experience. Practical application of hydraulic technology dates back to the 18th century and is based on Pascal's Law relating to pressure of a static fluid contained in a closed system.
Xtreme Games, a wholly owned subsidiary of Oxford Ventures Inc., is a virtual reality game company whose flagship product is a racecar simulator. The Racing Simulator is comprised of a full-size racecar body and computer system that serves up video, sound and specific racing footage to which the player/driver must respond. As drivers brake and steer, those commands are reflected in force feedback in the steering wheel and movements of the car itself. A hydraulic system moves the car in a full range of motion to create a racing experience that accurately reflects what it is like to actually drive in a stockcar race. Xtreme Games Racing League(TM) is a trademark of Oxford Ventures Inc.
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