NEW YORK, Aug. 6, 2008 (PRIME NEWSWIRE) -- Growth stocks have held up a lot better than value-oriented plays over the last year, and as far as one traditional growth sector -- technology -- is concerned, Wall Street Reporter has some fresh ideas for investors.
Growth is in the air for Mike Cintolo, vice president of investments at Cabot Heritage Corp., who recently told Wall Street Reporter why he's adding names to his watch list. "We're not sticking our heads in the sand," he says. "A lot of people are essentially writing off the stock market, but we're seeing some subtle signs of support."
One favorite is Salesforce.com (NYSE:CRM). "They're really the leader of on-demand software, in which, in a nutshell, you basically log in, go online, and the software's all there." Earnings are soaring, huge clients are coming onboard and, as Cintolo points out, growth is accelerating.
Another tech company that's demonstrating its ability to capture rapidly expanding markets is Access Integrated Technologies Inc. (Nasdaq:AIXD), which has evolved into the leading player in the world of digital cinema projection systems complete with satellite dishes on theatre rooftops -- the biggest development to hit Hollywood since the movies added sound.
"We've just touched the surface of the opportunity," CEO Bud Dale Mayo recently told WSR. (Audio interview: http://www.wallstreetreporter.com/profile.php?id=27810)
Highlights include:
* An overview of the industry dynamics that make the move to digital cinema projection inevitable for most cinemas.
* How deals with all the major movie studios play into management's ambitious plans to convert another 10,000 screens to the digital system over the next three years.
* Why AXID's integrated business model and robust technology platform have translated into solid profit margins even though the company is barely out of what Mr. Mayo calls a development stage.
Business is also booming for systems integration company NewMarket Technology Inc. (OTCBB:NMKT), says CEO Philip Verges. (Audio interview: www.wallstreetreporter.com/profile.php?id=27820.)
Highlights include:
* How a recently signed $10.5 million contract with Wireless Broadband Access Telecommunications kicks NMKT's five-year record of stunning sales growth into overdrive.
* Details on current M&A opportunities and how they could drive even faster expansion ahead.
* Why management is comfortable forecasting that revenue may top $150 million in 2008.
Wall Street Reporter (Est. 1843) is the premier source of investment information on global public companies in high-growth sectors. Through its magazines, special reports, website, and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street. Visitors to its website, http://www.primenewswire.com/newsroom/ctr?d=133056&u=http://www.wallstreetreporter.com, can listen to and view exclusive audio and video from an extensive library of CEO interviews, analyst roundtables, and conference webcast presentations, as well as subscribe to WSR's "Smart Money Alert."
About NewMarket Technology
NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions. Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into its overall product portfolio.
About Access Integrated Technologies
Access Integrated Technologies Inc. (AccessIT) is the global leader in providing integrated solutions for digital cinema. The Company's ground-breaking digital cinema networked services have enabled U.S. theatres to play more than 8 million digital showings to date.