WESTON, Fla., Jan. 7, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: On the Go Healthcare Inc. (OTCBB:OGHC), Sirius Satellite Radio (Nasdaq:SIRI), Symantec Corporation (Nasdaq:SYMC) and Intel Corporation (Nasdaq:INTC).
Aggressive investors and traders may be excited about the latest news from On the Go Healthcare, Inc. (OTCBB:OGHC). Yesterday after the markets closed, the company, a leading manufacturer, marketer and distributor of innovative baby products and computer hardware, software and supplies VAR, issued a press release announcing that sales of their baby products, via the On the Go, Heinz Baby Basics and Sudocrem brand names, have reached a record $426,500 for the first five months of the 2005 fiscal year, representing an appreciation of over 485% from a comparable period the year previous.
This could be great news for investors! According to the press release, this milestone is indicative of the innovative baby product division being solidly on track to hit $1 million in sales for the 2005 fiscal year.
Investors watch this one! On the Go manufactures and markets North American wide two proprietary products, a Baby Bath and its Padded Training Seat, both ergonomically designed for a child's ease of use and comfort, and distributes the Heinz Baby Basics line of feeding accessories (exclusive distribution rights) and European renown diaper rash ointment, Sudocrem (distribution rights) in Canada. All tolled, On the Go infant and baby products are widely available at more than 3,600 retail locations.
"Our baby product division has posted increases consistently in every successive reporting period and, most certainly, since our acquisition of Vital Baby Innovations in June 2004," remarked Stuart Turk, Company CEO. "We look forward to seeing more of our product on existing client shelves, establishing relationships with new clients and a robust second half of the year."
For more in-depth coverage of On the Go Healthcare, visit http://216.63.242.254/OGHC0106.htm
The stock closed yesterday at around $2.59 a share.
In case you are not familiar with the company: On The Go Healthcare, Inc. (www.onthegohealthcare.com) manufactures markets and distributes a line of products focused on a child's early years. On The Go's signature products include the new Baby Bath and its Padded Training Seat, an ergonomically designed and cushioned seat placed on top of adult toilet seats to help toddlers with potty training.
Now a wholly owned division of On the Go Healthcare, Vital Baby Innovations ('Vital Baby'), established in 1998 as a Canadian company, researches and develops safe and pioneering products for parents and children. Vital Baby is the exclusive Canadian distributor of the Heinz Baby Basics Feeding Accessories and has distribution rights for Sudocrem, available at more than 3,600 retail locations across Canada. For more information, visit www.vitalbaby.com.
On the Go Healthcare's division Compuquest is a value added reseller of computer hardware, software, peripherals, and supplies. Compuquest (www.compuquest.com) serves hundreds of clients in the U.S. and Canada, including Fortune 100 corporations, hospitals, government ministries, universities, banking and insurance bodies, and law and accounting firms. Compuquest has won the Consumers' Choice Gold Award for Best Business Computer Dealer for eight consecutive years.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Sirius Satellite Radio (Nasdaq:SIRI) down 1.9% on 89.3 million shares traded, Symantec Corporation (Nasdaq:SYMC) up 7.4% on 68.9 million shares traded and Intel Corporation (Nasdaq:INTC) up 0.3% on 63.2 million shares traded.
Commentary:
"The airlines are in trouble, and a huge price war is coming. This week, Delta started by adjusting walk-up fares, some by as much as 50%. U.S. Airways followed, also Jet Blue, Southwest, and Spirit Airlines. If you have put off taking that great vacation, this could be your time," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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