WESTON, Fla., Aug. 18, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Xynergy Corp (Pink Sheets:XYNY), Metron Technology N.V. (Nasdaq:MTCH), Dick's Sporting Goods Inc (NYSE:DKS) and Pixelworks Inc. (Nasdaq:PXLW).
Aggressive investors and traders will want to watch Xynergy Corp (Pink Sheets:XYNY) again this morning! Yesterday after the markets closed, the company issued a press release announcing that its subsidiary Indigo Technology Services, Inc. (Indigo), has entered into a contract with Netcentric Solutions, a Georgia IT Consulting Company to assist, enhance, and expand client base and to further grow business opportunities for each other!
This could be more good news for investors! Indigo along with Netcentric will be managing A-1 Homeservices technology systems -- including computer networks, call center technology and Information Technology systems. A-1 Homeservices is a national installation company. A-1 Homeservices provides installation of household products purchased by customers at such retail stores as Best Buy, Home Depot and Lowes.
It was just yesterday that the company announced that it had entered into a contract to upgrade the high speed internet access for one of San Francisco, CA's premier hotels! Indigo's trademarked Guestworx(tm) high speed internet access system installation is to be completed in the next two weeks and will mark the national expansion of Indigo Technology Services, Inc. With all of the necessary capital in place, Indigo expects to more than double its monthly revenue by the end of September.
Once again, we encourage investors to keep their eyes on this company! A-1 Maintains a national call center to support product purchases. Indigo along with Netcentric Solutions will support the Information Technology department for A-1 Homeservices, LLC. to support the customer service center technology. This contract charges the Indigo partnership with keeping A-1 updated with the most advanced technologies into the future.
The stock closed yesterday at around Two cents a share.
In case you are not familiar with the company: Xynergy Corporation (www.xynergycorp.com) is a holding company for Raquel of Beverly Hills cosmetics, Think Blots(C) greeting cards and Indigo Technology Services, Inc.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Metron Technology N.V. (Nasdaq:MTCH) up 98.1% on 1.5 million shares traded, Dick's Sporting Goods Inc (NYSE:DKS) up 13.6% on 3.6 million shares traded and Pixelworks Inc. (Nasdaq:PXLW) up 11.9% on 1.8 million shares traded.
Commentary:
"For the first time in eight months U.S. consumer prices dropped, this according to a report released by the Department of Labor. The CPI, Consumer Price Index, slid 0.1 percent in July even amid rises in oil prices. The surprised experts had expected a 0.1 percent rise. In addition, industrial production was up 0.4 percent and manufacturing was up 0.6 percent while factories operated at 76.3 percent of capacity," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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