WESTON, Fla., June 14, 2004 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Market Standouts List: Corridor Communications Corp. (OTCBB:CORR), CIENA Corporation (Nasdaq:CIEN), Cisco Systems Inc. (Nasdaq:CSCO), Comcast Corporation (Nasdaq:CMCSK).
Corridor Communications Corporation (OTCBB:CORR) has entered into a LOI to acquire CableVision Inc. Cable TV assets in a deal for cash and stock. CableVision owns cable television systems serving multiple apartment communities in Texas and Michigan, with over 7,000 homes passed. The systems have an annual recurring revenue stream of over $1.1 Million from its current subscriber base.
Corridor plans to market its high-speed wireless Internet services in high density first tier markets by building networks of hotspots to provide ubiquitous service in an un-tethered environment.
Other stocks highlighted include CIENA Corporation (Nasdaq:CIEN): Stock Standouts List, Cisco Systems Inc. (Nasdaq:CSCO): Stock Standouts List, Comcast Corporation (Nasdaq:CMCSK) Stock Standouts List.
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TheSUBWAY.com highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed.
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All material herein was prepared by TheSUBWAY.com, Inc. (TheSUBWAY) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by TheSUBWAY to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. TheSUBWAY is not a licensed broker, broker dealer, market marker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on: (http://www.thesubway.com). TheSUBWAY has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. TheSUBWAY has received seventy five thousand dollars for CORR. TheSUBWAY has sold approximately zero CORR shares to date. TheSUBWAY may sell its shares for less than any target price given in this opinion. TheSUBWAY's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. TheSUBWAY will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.