POINT ROBERTS, WA and DELTA, BC--(Marketwire - August 6, 2008) - Investorideas.com and
Techsectorstocks.com, a Technology Stocks Investor Portal within
Investorideas.com, announce the availability of an updated research report
for Geeks On Call Holdings, Inc. (
OTCBB:
GOCH), issued by Emerging Growth
Research. Geeks On Call is a premier national provider of on-site computer
service and solutions to small business and residential markets. The update
features photos and details on merchandising of the initial 20 Sam's Club
locations initially announced in an 8K filing.
The Company also announced news it has become an authorized reseller of
Hewlett-Packard products and services through HP's PartnerONE Program, a
network of approved Enterprise and SMB solution providers.
Emerging Growth Research Report Update Hi-lights:
Update Report - Sam's Club Merchandising Well Underway - New Photos of
Merchandising Effort
Merchandising at the initial 20 Sam's Club locations is well underway and
it appears the company is already seeing increased business as a result. In
this report, we provide investors with some photos of what we believe is an
impressive merchandising effort.
Geeks On Call recently reported in an 8K filing it had begun offering
outsourced IT services out of selected Sam's Club locations. The services,
which we believe are modeled after Best Buy's highly successful Geek Squad
business, will initially target 20 Sam's Club locations. In our opinion,
this is a company making event, on which investors should capitalize by
purchasing these shares. As a result of gaining this contract, we recently
raised our six-month Price target from $2.00 to $3.00.
As computer and consumer electronic technologies become increasingly
complex, businesses and consumers are increasingly turning to outsourced IT
services. This market is growing rapidly and currently valued in excessive
of $8 billion for the US alone. It is estimated the market is underserved
by an additional $11 billion due to a limited selection of reliable
vendors. We believe GOCH is well prepared to target this $19 billion market
opportunity.
With a market capitalization of only approximately $17.5 million, we view
the company as meaningfully undervalued relative to the significant market
opportunity and thus urge small-cap investors to seriously consider
purchase of these shares. We are expecting more than a doubling of revenues
for Fiscal 2009.
Research Report Link:
http://www.investorideas.com/CO/GOCH/pdf/GOCHReport.pdf
*Investors are reminded to read all disclaimers and disclosures related to
report.
8K SEC filing:
http://ca.us.biz.yahoo.com/e/080723/goch.ob8-k.html
Recent News: Geeks On Call® Becomes Authorized Hewlett Packard Reseller
Monday August 4, 2008
Joins HP PartnerONE SMB Network
Full news: http://www.investorideas.com/Companies/ViewDocument.asp?ID=5524
Analyst:
Joseph Noel is a 29-year veteran of the telecommunications and investment
industries. Joe was recently a senior analyst at Pacific Growth Equities,
LLC, where he tracked the communications equipment/services and advanced
industrial sectors. Prior to Pacific Growth, he covered both the
telecommunications equipment and services industries at Hambrecht & Quist
and was employed by Gartner/Dataquest as a communications industry analyst.
About Geeks On Call Holdings, Inc. (
OTCBB:
GOCH):
Geeks On Call is a wholly owned subsidiary of Geeks On Call Holdings, Inc.
(
OTCBB:
GOCH). Founded in 1999, the Company is a pioneer in the mobile,
rapid-response on-site IT service concept. Geeks On Call's certified IT
professionals service small businesses and residential customers across the
nation, providing computer privacy and security solutions, hardware and
network installations and troubleshooting, as well as repairs, upgrades and
consulting. Geeks On Call also co-markets through endorsed vendor
relationships with other Franchisors, who offer GOC services to their
franchisees as a value-added benefit. Over 250 independently owned and
operated franchises have been granted, with new franchise and Corporate
locations opening regularly.
More Info: Visit the Company Showcase on Investorideas.com at:
http://www.techsectorstocks.com/CO/GOCH/Default.asp
Media Presentation:
http://www.investorideas.com/CO/GOCH/ss/default.asp
Or the Company Website at:
http://www.geeksoncall.com/
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Investorideas.com is compensated by featured companies, news submissions
and online advertising. Disclosure: Geeks On Call Holdings, Inc compensates
Investorideas.com $5000 per month and 50,000 144 shares pro-rata over 12
months.
Contact Information: For Additional Information:
Dawn Van Zant
800-665-0411
Emerging Growth Research
Joseph Noel
San Francisco, California
925.922-2560