Message #20 From:
NewsBot Date: October 30, 2007 07:29:22 PM
The Tech Boom Continues Focusing on Iteris, Inc., GlobalSCAPE, and ERF Wireless
The Tech Boom Continues
Maybach Financial Group
Comments made in this release are
those of Maybach Financial Group and any questions or comments should be
directed to the contact information located at the bottom of this release.
Maybach Financial Group is a syndicate of investment researchers compiling
research from major analysts and fund managers. Our focus is to give
investors the financial advantage necessary to sustain profit all markets.
This week, to gauge the outcome of the markets, we are focusing on Iteris,
Inc. (AMEX: ITI), GlobalSCAPE (AMEX: GSB), and ERF Wireless (OTCBB: ERFW).
For the full report, visit http://www.maybachfinancial.com/register.php
The Maybach Financial Group www.maybachfinancial.com will be researching
the above-mentioned companies to determine their chances of a turnaround
opportunity for investors. Visit
http://www.maybachfinancial.com/register.php for a complimentary
subscription to the Maybach service and receive at no cost our "Special
Report#1: The Pick of the Decade" plus a second free report "Special Report
#2: Hearing is Believing." No credit card or payment information is
required.
Oil prices rallied Wednesday after a government report showed an unexpected
drop in inventories.
The Energy Information Administration said crude stocks plunged by 5.3
million barrels last week, despite previous reports from analysts looking
for an increase of 300,000 barrels, according to a Dow Jones poll.
The dollar rallied from a record low against the euro Monday but the
declines in gold and other commodities were short-lived as U.S. gold
futures rebounded early on Tuesday, after the previous session's solid
losses, as a sharply weaker dollar prompted bargain hunting among bullion.
Still, many analysts expect the declines to be temporary, and believe oil
futures will continue their assault on price records in the days ahead.
The jump in oil prices has been fuelled by unprecedented weakness in the
dollar, which hit a record low against the euro on Friday, a factor that
has supported all dollar-denominated commodities.
Since oil is priced in dollars, a declining greenback makes oil less
expensive for consumers outside the United States, encouraging more
consumption.
However, oil producing nations have less incentive to ramp up output if the
buying power they receive per barrel is declining, and foreign consumers
have less incentive to reduce demand if oil is, relatively, getting cheaper
for them.
The rise in oil prices most often have a strong effect on oil and gas
companies, but slam the other sectors.
The commodity markets have been scaling new highs, but closer inspection
reveals some are well below recent peaks with an outlook that is not so
bright.
Many analysts are saying that investors should weigh their choices
carefully to avoid markets that have risen too far too fast or those where
the supply/demand fundamentals have deteriorated.
It is true commodities as a whole have performed well. The
Reuters/Jefferies CRB Index, which index includes oil, gas, precious and
base metals, wheat and soft commodities, hit a 14-month high this month at
342.62 from around 290 in January. However, many investors may be
overlooking the fact that the bull is slowing down and may have a dramatic
pullback in the short-term.
If you are a commodities-based investor, it's time to take a step back and
make sure to expect the unexpected.
After witnessing the recent plunge in the markets influenced by the
resource sector, the falling housing slump and employment issues, smart
investors and hedge funds are shifting interests into other sectors.
The markets are changing and investors are scared. The Bull Run that we
have been use to over the past four years is starting to become more like a
stampede in the other direction.
Stock markets are normally volatile, but investors have enjoyed a four-year
run of below normal volatility and steady upward movement. Ups and downs,
yes. But the Bull Run has been great over the past three to four years and
has not ended as abruptly as many have predicted.
But while the end of the Bull Run has been predicted for more than a year,
long-term investors shouldn't be worried. Of course, only if you know what
you are doing.
First off, don't throw all your eggs into one basket.
Secondly, and most importantly, pick winners that last.
And pick winners that have little effect against the daily ups and downs of
the economy. Visit http://www.maybachfinancial.com/register.php to sign up
free to receive your Special Report #1 for information on how to combat the
markets or visit www.maybachfinancial.com for your free subscription and
BONUS reports.
We've seen oil markets spike, we've seen oil markets fall. We've seen wars,
we've seen terrorist attacks. Chances are that the events that occur have a
short term impact when you consider the overall factors of a 5-year
forecast.
Most investors -- and unfortunately far too many brokers -- go on a buying
spree the minute a rally starts in a particular sector. Correspondingly,
they panic at the first sign of a downturn and tend to sell off some great
stocks -- right before the dead cat bounces.
But Maybach isn't about day-trading and making money fast. It's about being
patient and learning the secret of how to get rich slowly. Visit
http://www.maybachfinancial.com/register.php to See Special Report #1: The
Pick of the Decade -- free when you sign up! or visit
www.maybachfinancial.com for your free subscription and BONUS reports.
It's also about adding stocks to your portfolio that have little or no
effect against the state of the economy.
It's about technology
For example, Iteris, Inc. (AMEX: ITI), a leader in the Traffic Management
market that focuses on the application and development of advanced
technologies, today reported financial results for its second fiscal
quarter ended September 30, 2007 with 2nd quarter revenues up 17% to $17
million. This help share value climb to a day-high of $3.32, up over 29% in
early market trades.
The world as we know it has changed. Gone are the days of tradition and old
school values. Thanks to technology, people no longer communicate via a
simple phone call or meet their life partners in social settings. Take a
look at some of the most recent headlines.
Technology has been the only sector continuing its steady climb and
relatively unaffected by economic pressures.
GlobalSCAPE (AMEX: GSB) hit a day-high of $7.25 but slid in early market
trades, hovering around the $6.75 mark. They have been increasing in share
value since the beginning of this month and profit taking is now apparent.
They recently announced yesterday that the Cryptographic Module to be
embedded in its Secure Server and flagship, enterprise-class EFT Server
products, has satisfied Federal Information Processing Standards (FIPS)
pre-validation requirements. The Cryptographic Module has been placed on
the FIPS 140-2 pre-validation list and now awaits the final certification
review.
Social networking and user-generated content have also taken over the
world. And big shot web start-ups have become multi-billion dollar profits
for their creators and shareholders.
We all know that the tech boom is back and back with a vengeance with Web
2.0 start ups leading the way.
ERF Wireless (OTCBB: ERFW) hit a day-high of $1.47 in early morning trades.
They recently announced its ERF Wireless Bundled Services subsidiary has
entered into a new $2 million Master Lease Agreement with Agility Ventures
LLC to provide incremental expansion capital for its growing wireless ISP
operations.
The big boys are snapping up the little ones much like Microsoft did in
their early Windows days. The next few years are going to be intense and
believe us when we say that, "the tech boom is back and bigger than EVER!"
Maybach Financial (Maybach) is not a registered broker dealer or a
registered investment advisor. No information accessed through the Maybach
Web site or this release constitutes a recommendation to buy, sell or hold
any security in any jurisdiction. Please consult a broker before purchasing
or selling any securities viewed on or mentioned herein. There is no
financial relationship that exists between the issuer of this release and
the company whose stock is mentioned in the release. Please view the
disclaimer at http://www.maybachfinancial.com/terms.php
Statements made in this release may include forward-looking statements and
projections, made in reliance on the safe harbour provisions of the Private
Securities Litigation Reform Act of 1995. Maybach has made every reasonable
effort to ensure that the information and assumptions on which these
statements and projections are based are current, reasonable, and complete.
However, a variety of factors could cause actual results to differ
materially from the projections, anticipated results or other expectations
expressed in this release. Maybach makes these statements and projections
in good faith, neither Maybach nor its management can guarantee that the
transactions will be consummated or that anticipated future results will be
achieved. All material herein was based upon information believed to be
reliable. The information contained herein is not guaranteed by Maybach to
be accurate, and should not be considered to be all-inclusive. The
companies that are discussed in this opinion have not approved the
statements made in this opinion. Maybach assumes no obligation to publicly
update or revise any forward-looking statements made herein or any other
forward-looking statements made by Maybach, whether as a result of new
information, future events, or otherwise.