SARASOTA, Fla., July 7, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Wednesday's Alerts:
Investors may want to keep an eye on this company, DigitalRooster.com (OTCBB:DGRLF). The company announced Tuesday after the closing bell that, "CEO John van Arem recently returned from a European trip intended to raise awareness of the company's profile and objectives to the European financial community. Mr. van Arem spent June 5 -- 19 in Switzerland, Holland, and Germany meeting with possible distribution channels as well as financial analysts, investors and other financial entities that could serve to benefit both DigitalRooster and its spin-off, Avrada Inc.'s efforts in Europe --- European investor awareness programs should commence shortly." DigitalRooster.com is a world leader in the marketing and billing solutions of online entertainment. An IR package is available via email or on-line at www.digitalrooster.com. Please email investor@digitalrooster.com for a copy or call: 1-877-788-1940. DGRLF is currently trading at .23 a share.
KANA Software, Inc. (Nasdaq:KANA), a provider of knowledge-powered customer service applications, announced after the bell Tuesday its corrected second quarter earnings guidance. The company said that it expects to incur a GAAP net loss of $0.16 to $0.20 per share, compared to a GAAP net loss of $0.43 per share in the year-ago quarter. On an average, 3 analysts polled by First Call/ Thomson Financial expect the company to report a GAAP net loss of $0.07 per share for the quarter. Kana Software said that its second quarter revenue is expected to come down between $10.5 million to $11.5 million, from revenue of $12.1 million in the same period last year. KANA closed Tuesday's regular trading session at $2.11, down $0.09.
BroadVision, Inc. (Nasdaq:BVSN), a provider of self-service web applications, reaffirmed its revenue guidance for its fiscal second quarter after the closing bell Tuesday evening. The company said that it forecasts revenue in a range of $18 million to $22 million. Shares of BVSN closed Tuesday's regular trading session down $0.27 to $3.53.
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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, here after referred to as "the company". The company is to receive compensation for this newsletter service for Digital Rooster (DGRLF). The compensation is one thousand dollars and for prior services the compensation was twenty thousand dollars all from a non-affiliated third party, Alex Consulting Inc., and who may own a large position in DigitalRooster.com. Because the company received 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.
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