WESTON, Fla., Nov. 8, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: FTS Group, Inc. (OTCBB:FLIP), Abatix Corporation (Nasdaq:ABIX), BSQUARE Corporation (Nasdaq:BSQR) and Sears, Roebuck & Co. (NYSE:S).
Aggressive investors and traders will be watching FTS Group, Inc. (OTCBB:FLIP) this morning! Friday after the markets closed, FTS Wireless, Inc., a wholly owned subsidiary of FTS Group, Inc. issued a press release announcing the signing of its largest B2B contract to date and that the company is on track to generate sequential revenue growth of 40 to 60 %!
This should be great news to investors! The contract calls for FTS to fully outfit and support the wireless needs of New Jersey based HVAC Company A.J. Perri and Co. (AJP). FTS CEO Scott Gallagher commented, "FTS was able to save AJP more than 40% a month in wireless communication costs by creating a customized wireless contract to fit the specific needs of the company. We're able to increase the monthly minute pool for AJP, offer new handsets with expanded capabilities such as cameras, video recording and Ready Link provided by Sprint PCS." Gallagher went on to say, "Our new wireless B2B division is focused on leveraging new wireless technologies from multiple carriers to increase profits for our customers."
Investors should continue to monitor the progress of FTS Group!
The stock closed yesterday at twelve cents a share.
In case you are not familiar with the company: FTS Wireless Inc. is an emerging regional operator of retail wireless locations that market and sell next generation wireless products and services and operate Wi-Fi HotSpot's. The company currently operates a chain of retail wireless locations in the Florida Gulf Coast region and the Philadelphia suburban market. FTS markets and sells products worldwide through its e-commerce site's www.CellularDeals.com and www.SatPhoneCenter.com . For additional information about FTS Group, Inc. or its subsidiary, visit their website at www.FTSWireless.com or review their periodic filings with the Securities and Exchange Commission at http://www.sec.gov.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Abatix Corp. (Nasdaq:ABIX) up 121.9 % on 2.7 million shares traded, BSQUARE Corporation (Nasdaq:BSQR) up 40.8% on 8.6 million shares traded and Sears, Roebuck & Co. (NYSE:S) up 23.4% on 33.5 million shares traded.
Commentary:
"The U.S. dollar fell to an all-time low against the euro Friday as European political leaders signaled they have no unified plan to stem the rise in the five-year-old currency used by 12 countries. The euro reached a new high of $1.2962 Friday in late New York trading. It had reached its previous peak of $1.2927 in February," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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