May 02, 2006 09:11 ET

Hot Stocks to Watch for Tuesday, May 02, 2006: Quarterly Results Showing Impressive Historic Turnaround!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.

WESTON, FL -- (MARKET WIRE) -- May 2, 2006 -- announces the following stocks to its Hot Stocks List: Genesis Technology Group, Inc. (OTC BB: GTEC), Blue Dolphin Energy Company (NASDAQ: BDCO), GoAmerica, Inc. (NASDAQ: GOAM), Charter Communications, Inc. (NASDAQ: CHTR).

Genesis Technology Group, Inc. (OTC BB: GTEC) just released its 10-QSB for the second quarter of the current fiscal year. For the quarter ended March 31, 2006, the Company's net income exceeded $500,000, while overhead plummeted by 54% percent. Additionally, the Company has reached an enviable cash position with approximately $1.9 million on hand. Company Chief Financial Officer Adam Wasserman called "the first profitable quarter in the history of Genesis... an impressive, historic turnaround by any standards."

Wasserman stated: "The financial condition of the Company shows significant improvement. For the three months ended March 31, 2006, we reported net income of $501,634 or $0.00 per common share, compared to a net loss of $(1,250,874) or $(0.02) per common share for the three months ended March 31, 2005, a positive gain of $1,752,508. Also, for the three months ended March 31, 2006, our total operating expenses decreased by $334,218 compared to the three months ended March 31, 2005."

Other stocks highlighted include Blue Dolphin Energy Company (NASDAQ: BDCO): Hot Stocks List, up 20% on 3 million shares, GoAmerica, Inc. (NASDAQ: GOAM): Hot Stocks List, up 1% on 1 million shares, Charter Communications, Inc. (NASDAQ: CHTR): Hot Stocks List, down 2% on 14 million shares.

"A few disappointing earnings releases and some disparate economic data have done their part to stall the market's advance, and political developments abroad have kept investors cautious. But overall tame inflation numbers, though rising over the past few months, solid growth in the domestic economy, and lower unemployment are buffeting the averages from below." More is available at:'s Daily Stock Updates:, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG 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. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRG has been compensated one million restricted shares for GTEC. CRG has received additional compensation of ten thousand dollars, and has purchased two hundred ten thousand shares in the open market and has also received six hundred thousand common shares and four million four hundred thousand restricted shares as past compensation. CRG intends to sell its shares. CRG has sold approximately all but two million five hundred thousand restricted GTEC shares to date. CRG may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

Contact Information

  • Chuck Tamburello
    Phone: 954-217-8555
    Fax: 954-217-1500