SOURCE: eLocity Inc.

June 27, 2005 10:34 ET

Monday's June 27th Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity Inc.

SARASOTA, FL -- (MARKET WIRE) -- June 27, 2005 -- eLocity's stocks to watch for Monday are -- VIASPACE Inc. (OTC BB: VSPC), Symantec Corp. (NASDAQ: SYMC), Veritas Software Corp. (NASDAQ: VRTS), Kenexa Corp. (NASDAQ: KNXA).

Investors may want to have a look at VIASPACE Inc. (OTC BB: VSPC), a spin-off of Caltech/NASA's Jet Propulsion Laboratory that transforms proven space and defense technologies into hardware and software products that solve today's complex problems. VIASPACE is a diversified technology company with unparalleled knowledge and expertise in energy/fuel cells, microelectronics, sensors, homeland security & public safety, information & computational technology, and RFID.

VIASPACE Inc. announced Monday that it has appointed Dr. Sandeep Gulati to the company's Board of Directors. Dr. Sandeep Gulati was the former Head of the Ultracomputing Technologies Group at NASA's Jet Propulsion Lab in Pasadena, CA, the company said, and during his twelve year tenure at JPL, he led computational advances in spacecraft autonomy, autonomous diagnostics and prognostics of complex systems, information, sensor and data fusion, neural networks, signal processing, command decision modeling and intelligence analysis.

VIASPACE added that Dr. Gulati is a co-founder and Chief Science Officer of ViaLogy Corp., incubated by VIASPACE, and co-founder of Arroyo Sciences, now a wholly owned subsidiary within VIASPACE, where he discovered and developed a revolutionary signal processing technology, Quantum Resonance Interferometry ("QRI") to detect, discriminate and quantitate spatio-temporal signals and events that have an intensity up to 10,000x lower than the surrounding background noise.

Other stocks making Headlines:

Symantec Corp. (NASDAQ: SYMC), Veritas Software Corp. (NASDAQ: VRTS)

Security software maker Symantec Corp. and Veritas Software Corp. announced Friday that shareholders voted overwhelmingly to approve Symantec's acquisition of Veritas, a merger valued at about $11 billion that will create the world's fourth largest software company, in what is potentially the largest merger ever in the software industry.

SYMC closed Friday's regular trading session at $21.25, VRTS finished the day at $23.81.

Kenexa Corp. (NASDAQ: KNXA)

Software and services provider to organizations recruit and retain employees, Kenexa Corp., announced Friday that the initial public offering of its common stock priced 5 million shares at $12 per share, raising $60 million, which was less than expected. The company had filed for an offering of 5 million shares in the estimated pricing range of $14 to $16 per share.

KNXA closed Friday's regular trading session at $12.05.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for VSPC (Public Company). The compensation is twenty-five thousand dollars from MK Group. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered on the Public Company, such as public filings, press releases and its web sites. Investors should use the information contained in this publication as a starting point for conducting additional research on the Public Company in order to allow the investor to form his or her own opinion regarding the Public Company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the Public Company that this newsletter is providing service for should be reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

Contact Information

  • Contact:
    eLocity Inc.
    941-544-3498
    Thomas Clay