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.

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Contact Information

  • Contact:
    eLocity Inc.
    Thomas Clay