eLocity Inc. -- Thursday's Stock Watch Alert For MINI, AKLM, UGMI


SARASOTA, Fla., June 24, 2004 (PRIMEZONE) -- Investors may want to keep an eye on Mobile Mini, Inc. (Nasdaq:MINI), Acclaim Entertainment, Inc. (Nasdaq:AKLM) and UgoMedia Interactive Corp (Pink Sheets:UGMI).

Thursday's Alert:

"Sciax Provides Wolf Pack Instruction to Department of Homeland Security Personnel"

That was the headline from UgoMedia Interactive Corp (Pink Sheets:UGMI) (name change to Sciax Corporation pending). UgoMedia announced Wednesday after the close that "the company has been given an opportunity to provide instruction on Wolf Pack technology to students enrolled in training courses conducted by the Immigration and Customs Enforcement (ICE) Firearms and Tactical Training Division. ICE is part of the U.S. Department of Homeland Security and the Training Division provides programs to many agencies falling under the purview of DHS." UGMI trades at around .11 a share. Go to, http://www.sciax.com and have a look at Sciax Corporation today.

On the Nasdaq making a move Wednesday was Mobile Mini, Inc. (Nasdaq:MINI). Mobile Mini announced Wednesday that -- it has raised its guidance for the 2004 second quarter ending June 30, 2004 and for the year ending December 31, 2004. Based upon a continuing strong increase in demand for its portable storage products, which has resulted in a higher than expected internal growth rate (the increase in leasing revenues at locations open one year or more, excluding growth from acquisitions at such locations), improving yield (total lease revenues per unit on rent) and significant gains in units on rent, preliminary indications point to second quarter 2004 diluted earnings per share of between $0.28 and $0.29, up from previous guidance of at least $0.25 per diluted share. MINI traded 1,034,186 Shares Wednesday to end the day at $ 26.47, up $4.17.

Also trading well on the Nasdaq Wednesday was Acclaim Entertainment, Inc. (Nasdaq:AKLM). Acclaim announced that it has entered into an Extension Agreement with its primary lender GMAC Commercial Finance LLC ("GMAC"), which amended the Waiver and Amendment agreement signed by Acclaim and GMAC on May 4,2004. Under the Extension Agreement, GMAC has agreed to extend, by forty-five (45) days, the date upon which Acclaim's banking agreement with GMAC will terminate, from June 20, 2004 to August 4, 2004. The Company continues to work diligently with its proposed new lender to close its new banking facility. The stock traded 5,515,540 shares ended at $0.37.

About eLocity Inc: eLocity owns and operates three financial websites for investors.

-- Bell2Bell.com, http://www.bell2bell.com/. Bell2Bell features news stories, rumors, the InvestBoard and more.

-- PennyPicks.com, http://www.pennypicks.com/. Featuring active message boards for the penny stock trader, rumors and more.

-- StockGrid.com, http://www.stockgrid.com/. Visit this site for our daily top stock "GRID Makers". We rank stocks on volume, message board activity, sentiment and trend forecast.

Sign up for FREE at any of the sites above.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company". The company received compensation for this newsletter service for UgoMedia Interactive Corp. only. The compensation is five thousand dollars from a non-affiliated third party Alex Consulting Inc. Because the company is receiving compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered from the client, public filings on client, press releases and client's web site. Investors should use the information contained in this publication as a starting point for conducting additional research on the featured client in order to allow the investor to form his or her own opinion regarding the featured clients. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investment in the clients reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.



            

Contact Data