Published: July 21, 2004
Stock Market Alerts for Wednesday! July 21, 2004
Wall Street News Alert's "stocks to watch" this
morning are: Newport International Group, Inc. , Intel
Corporation , Pfizer Inc. , Nokia Corp. .
Aggressive investors and traders should be watching Newport International
Group, Inc. this morning! Yesterday after the markets
closed, GrassRoots Communications, Inc. (GRCI), a subsidiary of Newport
International Group, Inc announced that it has teamed up with Priority
Networks Inc. (PNI) to offer a comprehensive web-conferencing and
collaboration package to PNI's convention exhibitors.
This could be great news for investors! This new product is a welcome
addition to the host of packages offered to their convention center and
hotel clients.
PNI's convention and hotel customers, which include the Moscone Center, the
Long Beach Convention Center, Bally's Las Vegas, Caesars Palace Las Vegas
and the Miami Beach Convention Center, will be exclusively offered this
service for their Trade Show and Convention Show Management and Exhibitors
beginning in September of this year.
"GRCI's web conferencing, video and collaboration tools differ from current
web conferencing services with their ability to provide on-demand, anywhere
in the facility video conferencing," says Terry Funk, President of Priority
Networks. "We are excited at the opportunity to promote these unique
services and look forward to a longstanding relationship with GRCI."
GRCI's software will enable Trade Show management and exhibitors to become
more interactive and productive through the use of web-conferencing and
collaboration software which provides real-time: video, voice, interactive
whiteboard and powerful collaboration and document sharing.
Keep your eyes on this company! Cery Perle, CEO of GRCI notes,"This is a
landmark transaction for our company and we are proud to have been selected
by Priority Networks, Inc. as they represent some of the most cutting edge
Convention and hotel facilities in the world."
The stock closed yesterday at $2.00 a share.
In case you are not familiar with the company: Newport International Group
Inc. www.newport-international-group.com, through its subsidiary,
GrassRoots Communications, Inc. (GRCI), provides reliable, affordable web
conferencing and collaboration technology, previously affordable only to
Fortune 500 companies. Offering fast, real-time collaboration, video, and
voice, GRCLive saves time and improves the efficiency and effectiveness of
business communication.
Priority Networks, Inc. is a leading provider of event network and
telecommunication services with more than 18 major event facilities nation
wide encompassing over 3.5 million square feet of exhibit hall space as
well as one million square feet of meeting room space.
Stocks showing interesting activity yesterday at the close of the regular
trading day were: Intel Corporation up 1.4% on 58 million
shares traded, Pfizer Inc. up 0.6% on 17.1 million shares
traded, Nokia Corporation up 1.7% on 11.5 million shares
traded.
Commentary:
"Housing starts for June, according to a report by the Commerce Department,
fell 8.5% from May, which adjusts to 1.80 million units. June permits also
fell 8.2%, the lowest in 10 years. Housing had been a significant performer
since the recession that started in 2000, but with the increased in
mortgage rates the last several week, the growth seen in the last several
years may not be sustainable, according to analysts," stated Sonja Rudd in
Wall Street News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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