WESTON, Fla., April 15, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: On The Go Healthcare, Inc. (OTCBB:OGHI), Sports Wheels Inc. (Pink Sheets:SSWH), Cybertel Communications (OTCBB:CYTP) and MDSI Mobile Data Solution (Nasdaq:MDSI).
Watch On The Go Healthcare, Inc. (OTCBB:OGHI) stock for a potential move this morning! Yesterday after the markets closed, the company issued a press release announcing that its Compuquest subsidiary has shipped over $160,000 of computer servers, workstations and related network hardware to a new hotel property in Whistler, British Columbia, for an international hotel chain!
Aggressive investors may like what they are hearing! On the Go Healthcare President and CEO Stuart Turk, "Compuquest is fast becoming a high volume value-added reseller of quality hardware and software components for international businesses upgrading to the latest technology. This customer, including the hotel in Whistler, has accounted for more than $500,000 in sales this year, with more that $160,000 attributable to the new Whistler location alone. We look forward to working with this client in additional locations and similarly-situated clientele as businesses evolve technologically in order to compete in the international marketplace."
Keep your eyes on this company! The equipment will be used to form the backbone of the hotel's reservation and check-in system for the new property, which will be located in Whistler, British Columbia, the site of the 2010 Winter Olympic Games. The chain is one of the world's largest leading operators of luxury hotels and resorts, managing more than 60 properties in 29 countries. They also offer a large number of vacation ownership properties and private residences.
The stock closed at eleven cents a share yesterday.
In case you are not familiar with the company: On The Go Healthcare, Inc. manufactures, markets and distributes a line of healthcare and infant-related products that target home healthcare, medical rehabilitation and long-term care markets worldwide. The company's signature product is its Padded Training Seat, an ergonomically-designed, cushioned seat placed on top of adult toilet seats to help toddlers with toilet training. The company also operates two subsidiaries in complementary business lines:
Healing Heat Sensations (HHS) manufactures, markets and distributes the Company's portable, reusable heat packs for therapeutic purposes. HHS markets to distributors, consumers, hospitals, nursing homes, physicians, home healthcare, retailers and various other healthcare outlets.
Compuquest is a value-added reseller of computer hardware, software, peripherals and supplies. Compuquest (www.compuquest.com) services hundreds of clients in the U.S. and Canada, including Fortune 100 corporations, hospitals, government ministries, universities and various firms in banking, insurance, law and accounting. Compuquest recently won the Consumers' Choice Gold Award for Best Business Computer Dealer for seven consecutive years.
Stocks showing interesting activity yesterday were: Sports Wheels Inc. (Pink Sheets:SSWH) down 23% on 153.5 million shares traded, Cybertel Communications (OTCBB:CYTP) down 5.8% on 43.5 million shares traded and MDSI Mobile Data Solution (Nasdaq:MDSI) even on 657,200 shares traded.
Commentary:
"Additional retail reports, according to the Commerce Department, shows that in the first quarter of 2004, consumers are still shopping. There was a 1.8 percent increase retail sales for March, as well as overall increase for the quarter. Economists said that stronger job growth, tax refunds, and low borrowing costs helped to boost the numbers and the spending," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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