 |
 |
|
|
|
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 November 10, 2002: |
|
|
Our last pick, Cormax Business Solutions (OTC BB:CMXS), pulled back and disappointed many readers after the initial price/volume move subsequent to our company profile report. And, as a result of numerous email inquiries, Stockprowler.com contacted Cormax CEO Peter Leeuwerke requesting that he update investors on the Identex acquisition. Peter stated to us that he is receiving an “unbelievable 50 – 100 emails per day”. He went on to say “that my mission in life is to create value for our shareholders… and to that end I am extremely busy working to get the deal completed in the best interest of the shareholders.” He went on to say that it is his belief that “there is a lot of money to be made in IDENTEX.” Stockprowler.com agrees and suggests that anyone who missed our report on CMXS/Identex click on “Previous Picks” and read the report. It is our opinion that CMXS is truly a ground floor opportunity for the speculative investor. Two of our Stockprowler Watch List stocks made spectacular moves during the past 2 weeks… PCDI and SBAC achieved gains of 145% and 118% respectively. This week’s Watch List contains several stocks that we believe also have explosive potential. In addition to the aforementioned CMXS, check out an earlier Stockprowler pick, Endovasc Ltd. (OTC BB: ENVC) http://www.stockprowler.com/previous_picks/2-10-02.shtml. News out Nov. 6… Philip Morris and Endovasc team up to further improve Angiogenix; Nicotine-Based Treatment That Grows New Heart Vessels… “Endovasc’s Angiogenix, already approved for Phase III FDA human clinical trials, is a revolutionary new cardiovascular drug that has been proven to recruit the body's own stem cells that help grow new heart vessels predicted to relieve chest pain and improve heart function. Angiogenix is a simple, small molecule derived from the tobacco plant that, when given in low doses, has demonstrated remarkable results in stimulating robust growth of new vessels in four different animal experiments with simulated blood-flow deficiencies, suggesting that it will do the same in a human patient's heart and limbs.” http://biz.yahoo.com/ccn/021106/1f82f2e8d9f3d14a2f2bba0d978cae01_1.html Also looking good to us are Patriot Scientific (OTC BB: PTSC) and Vialink (OTC BB: VLNK)… Patriot Scientific was one of our first picks years ago and now looks to us like they may finally have it all together in their new IGNITE microprocessor chip for smart card applications. Patriot Scientific recently signed a Memorandum of Understanding (MOU) with a major semiconductor company in China… Vialink has grown revenues for 11 consecutive quarters and last month signed 28 new partners… www.vialink.com. And lastly, for the long term, we like Sonus Networks (NasdaqNM: SONS)… looks very cheap at under a buck. http://biz.yahoo.com/bw/021101/12131_1.html. Stockprowler’s pick this week...
When was the last time you can remember an OTC BB stock announcing that it has retired a convertible preferred note with a cash prepayment? In our vast experience it doesn’t happen often and when it does it is usually a very positive sign that the company is on the upswing. iDial Networks, Inc. (OTC BB:IDNW) has not only retired its $750,000 convertible note with a cash prepayment…this payment was made with cash from operations without incurring any debt or shareholder dilution. Not only that, but in its last reported quarter, the company reported revenues increased 326% to a record $3,308,779 compared with the year ago quarter of $776, 375. iDial Networks CEO Mark Wood stated, “While the telecommunications industry is in the midst of a very difficult period, when some of the world's largest carriers are failing, we feel very good about our prospects during these turbulent times, during FY 2002 we have become increasingly focused on our core VoIP businesses. As an addition to our core VoIP business, our recently announced Dibz On-Line Collectable Prepaid Card for the Extreme Sports industry has generated a great deal of customer excitement and we aim to convert this enthusiasm into revenue as the year progresses.” For the third quarter of 2002, iDial Networks predicted an increase in total revenue growth to be in the range of 200% to 250% over the same period last year… Incredible!! iDial Networks, Inc. has announced that a conference call will be held on Friday, November 15, 2002 at 10:00 a.m. central time (11:00 a.m. eastern) to discuss the Company's financial results for the quarter ending September 30, 2002. http://biz.yahoo.com/bw/021107/70185_1.html Dibz, Inc., www.dibz.com a wholly owned subsidiary of iDial Networks, Inc., www.idnw.com, is an extreme sports interactive collectable phone card that allows consumer to view video, tricks and tips as well as purchase other merchandise online. The Dibz Powered Cards are prepaid "stored value" cards that are purchased online or at selected retail outlets to be announced and can be used to purchase online digital content and make discount phone calls. "It's been an incredible journey for DIBZ since the first of the year when we started this project… we are extremely pleased with our progress and reception", Said Kevin E. Wright Chief Marketing Officer for DIBZ, Inc. DIBZ cards are collectable, tradeable, and can be used immediately upon purchase to view online exclusive video, tricks, and tips from their favorite extreme sports athletes or as a pre-paid phone card. Athletes include Steve Caballero, Dennis McCoy, Rick Thorne, Austen Seaholm, Mike Frazier, Pat Channita, Kyle Berard, Cara Beth Burnside, Taig Khris, Shaun Butler, Cory Nastazio, Jon Comer, Stephen Murray, Megan Abubo, Fabiola Da Silva, Ryan Dawes, Kody Wright, Ruda Lopes, Dan Drain, Aaron Lutze, Marc Englehart and Mike "Roof Top" Escamilla. In addition, DIBZ is currently signing winter sports and additional extreme athletes to its unique program. The DIBZ cards and its online experience cater specifically to the Generation Y demographic. DIBZ offers a variety of exclusive online content related to extreme athletes that can be purchased exclusively with the Dibz Powered Card. iDial Networks, Inc., is an application service provider in leading communication technologies, provides a wide range of Voice over Internet Protocol (VoIP) services, Internet-activated applications and products that bring affordable telecommunications services to users around the globe. The company is building a next generation VoIP and TDM network based on carrier class technologies from Cisco Systems (Nasdaq: CSCO) and Microsoft (Nasdaq: MSFT). Looks like a potential rocket ride to us… 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. mentioned on this website.
Good Trading... Stockprowler |
|
|
