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Link to Lycos Quotes/Message Boards Twice each month at Noon EST on Sunday, Stockprowler will bring you his latest hot stock pick...free on the Web! Stockprowler uses state of the art technology to look under the rocks and find those little stocks with the potential to make the BIG moves. Stockprowler screens NASDAQ, NYSE, AMEX, and OTC Bulletin Board stocks trading around $3 or under. These stocks offer considerable leverage at minimal cost. It is not uncommon for these stocks to make moves of 30%, 50%, or more. Please read our disclaimer before trading in any stocks mentioned on this Web site. So are you ready? Here's the Stockprowler report for the week of Sunday January 19, 2003: |
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Stockprowler’s pick this week...
As the telecom sector begins to show signs of life once again after the meltdown of the last 2 years, DataMEG Corp. could conceivably emerge as one of the important new players. Trading on the OTC Bulletin Board at under 3 cents, DataMEG Corp. (DTMG) has developed a proprietary communications technology that enables computer data to be transmitted over existing telephone lines at extremely fast data rates without changes to current phone lines. The Communication Acceleration System (CAS) technology may also be implemented in DSL and cable network configurations as well. DataMEG’s patents (5) pending CAS technology uses the company’s proprietary Tone Frequency Modulation technology. DataMEG has achieved data transfer rates of 8 Mbps over ordinary phone lines without any changes. This is a rate 6 times faster than other technology currently available, and is 140 times faster than the standard 56k modems. The technology was tested, and data transfer rates confirmed, by Picus Communications, a former DSL provider, based in Hampton Roads, Va. On October 31, 2002, Andrew Benson, President of DataMEG Corp. stated, “We have reached an incredibly important threshold in the development of our CAS System product prototype, with the assistance of our current manufacturing partner, and the analysis and engineering oversight to be delivered by PTR Group, Inc.… PTR Group has developed, upon their initial evaluation of the CAS System design, an independent assessment that the basic CAS system can deliver an estimated, comparable 'bit-rate' speed over cable, in the 48 Mbps to 96 Mbps range. This compares favorably to the standard cable-modem set-up utilizing a DOCSIS standard bit rate of 30 Mbps. This also places CAS at a comparable bit-rate that is, at a minimum, 40 times faster than the standard T-1 line. We feel that with the assistance and expertise of The PTR Group we will be able to develop additional CAS system improvements and design modifications that may allow us to increase our comparable bit-rate and overall system performance beyond where we are today.” In addition, CEO Andrew Benson recently stated, “There is no question that the path we have traveled to get to where we are today has been difficult, given where the telecommunications industry has gone to over the past two years. We are pleased that our diligent and persistent efforts are beginning to be rewarded. We are developing a communications information delivery- system for initial entry into the cable communications industry market segment, which alone is expected to be a $25 billion dollar market in the sale of modem-type devices in 2004.” On December 9, 2002, DataMEG Corp. announced today that their wholly-owned subsidiary, North Electric Company, Inc. is planning to accelerate development of their Network Assurance products for converged IP networks for market release Q1 2003. Dan Ference, Chief Operating Officer NECI stated, “We have had numerous discussions with test equipment vendors and network operators over the last several months. From this we have concluded that many potential customers both in the United States and overseas are planning to begin deployment in Q1 2003 of their next generation replacement for their traditional voice telephone network infrastructure. The traditional voice telephone network infrastructure replacement process consists of the deployment of network elements known as ‘softswitches’ and ‘gateways’ that enable voice and data to be converged and effectively carried over an IP network. Converged broadband IP networks present new challenges to network operators that our products help to satisfy and resolve.” On January 9, 2003 announced that CAS Communications, Inc., another subsidiary of DataMEG Corp. expects to obtain an independent validation report of CAS technology from the PTR Group, Inc. (www.thePTRGroup.com) later this month. The report will detail CAS design specifications, technology assessment, transmission rate performance and CAS product viability in the marketplace. Early indications are that the report is “extremely positive”. DataMEG Corp.expects that the report will enable CAS Communications, Inc. to initiate the production of a market-ready CAS product and assist CAS Communications, Inc. in finalizing their long-term financing plans. Andrew Benson, President Datameg Corp. stated, “We expect an independent CAS validation report in the next few days, we are prepared to state that the Phase II stage of the CAS product development project has determined that we have CAS system performance capabilities ranging from 96 MBPS to 200 MBPS. These are data transfer performance specifications over the cable network medium. The minimum CAS system performance is more than double that of our nearest competitor. We think these numbers speak for themselves.” Mr. Anthony Hobbs-Boiardi, CEO CAS Communications, Inc. stated, “Phase II of the CAS product development project provided us with unique system design challenges, which in turn inspired us to make several significant system design breakthroughs. These achievements have significantly improved and broadened CAS as a viable information transfer system within the cable network industry. CAS is also a system whose integration requires no network infrastructure modifications. These performance and integration attributes will position CAS as a premier product within the markets we have targeted.” It is the opinion of Stockprowler.com that the proprietary DataMEG Corp. Communication Acceleration System (CAS) technology has the potential to significantly enhance current communications media such as video-on-demand, and create a growth within an industry sector that has been stagnant. In addition, DataMEG’s technology offers data transfer rates substantially superior to all existing commercially available products creating a potentially huge market in third world countries where the CAS technology could be utilized without telecom companies doing any modifications to existing networks. Stockprowler.com views this as a high risk speculation with very high upside potential. Our target for this undiscovered gem is 25 cents in the next 6 to 12 months as the telecom sector continues to re-emerge as a desirable arena for speculation. Just our opinion…remember, you saw it first on Stockprowler.com. Readers are encouraged to visit the DTMG company website for further information. Stockprowler.com did not receive compensation of any kind from the company or third parties for writing this report. Readers are urged to read the company SEC filings and do their own due diligence before investing in this or any other stock.
Good Trading... Stockprowler |
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