Message #6 From:
Stock News Bot Date: July 19, 2005 12:30:00 AM
JLWT News Investology Inc. Announces Investment Opinion: Investology Inc. Updates Report on Janel World Trade, Ltd.
NEW YORK--(BUSINESS WIRE)--July 14, 2005--Investology Inc. reiterates a "Positive Outlook" for Janel World Trade, Ltd., (OTCBB: JLWT), with a "Long Term" price target of $0.82. by year end '06. Investology believes the Company will reach $65-$72mm in gross sales for Fiscal '05 (excluding acquisitions), and will produce approximately $0.01 a share in earnings for Fiscal '05. Based on other comparable companies in the industry, Investology believes the outlook for Janel World Trade remains positive for "aggressive investors." To view the report in its entirety, along with applicable fees paid to Investology Inc. and disclaimers, please log on to www.investologyinc.com/pay.asp.
The report was written by Waheed Fassan, CFA. Mr. Fassan has worked as Senior Research analyst with Indsuez W.I. Carr Securities, UBS Warburg, and an affiliate of Merrill Lynch. He was rated amongst #1 Financial Sector research analysts in The Reuters Survey of Global Emerging Markets 1998. Similarly, he was a member of the #1 rated research team according to The Reuters Survey of Global Emerging Markets 1999 and Euromoney Awards for Excellence 2000. He is a member of the CFA Institute.
About Janel World Trade, Ltd.
Janel World Trade, Ltd. (OTCBB: JLWT) is a global provider of integrated logistics services, including domestic and international freight forwarding via multi-modal carriers, customs brokerage, warehousing and distribution and other transportation-related services. Additional information on Janel World Trade is available on the Internet at www.janelgroup.com . Or contact Klea Theoharis, of Klea Associates Inc., at 917-886-8621 or ktheoharis@klea-associates.com. For more information about Investology, contact Waheed Wassan at 703-636-4300 or research@investologyinc.net.
Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements (as such term is defined in the Private Securities Litigation Act of 1995). Actual results may differ materially from those anticipated or implied in the forward-looking statements. These forward-looking statements involve risks and uncertainties, including competitive factors and pricing and supply pressures; the company's dependence upon conditions in the air, ocean and land-based freight forwarding industry; the size and resources of many of the company's competitors; and the need for the company effectively integrate acquired businesses and to successfully deliver its primary services. Additional information with respect to these and other factors that could materially affect the Company is included in the Company's filings with the Securities and Exchange Commission, including its most recent Form 10-Q filing.
