SOURCE: TheSUBWAY.com

May 03, 2006 09:06 ET

Morning Stock Focus List for Wednesday, May 03, 2006: Serving a Niche Market!

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

WESTON, FL -- (MARKET WIRE) -- May 3, 2006 -- TheSUBWAY.com names the following stocks to its Stock Focus List: Baltia Air Lines (OTC BB: BLTA), Powerwave Technologies, Inc. (NASDAQ: PWAV), Level 3 Communications, Inc. (NASDAQ: LVLT), Genesis Microchip Inc. (NASDAQ: GNSS).

Baltia Air Lines (OTC BB: BLTA) is a new startup US airline slated to begin service later this year with regularly scheduled flights between New York's JFK and St. Petersburg, Russia. With more than five million Russians residing on the East Coast including New York, New Jersey, Pennsylvania, Massachusetts and Florida, a strong built-in market exists for the first US airline to offer non-stop flights between these two destinations.

Currently, flights to St. Petersburg, Russia from JFK can take up to 18 hours. Baltia Air Lines flights will take less than eight hours. In addition, St. Petersburg has become the third most important vacation city for Europeans right behind only Paris and Rome and is increasingly becoming a sought-after destination for Americans. This stock is set to "take off" as The Company's inaugural flight approaches.

Other stocks highlighted include Powerwave Technologies, Inc. (NASDAQ: PWAV): Stock Focus List, up 3% on 5 million shares, Level 3 Communications, Inc. (NASDAQ: LVLT): Stock Focus List, down 1% on 31 million shares, Genesis Microchip Inc. (NASDAQ: GNSS): Stock Focus List, up 4% on 3 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: http://www.thesubway.com.

TheSUBWAY.com's Daily Stock Updates:

TheSUBWAY.com, 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 http://www.thesubway.com.

All material herein was prepared by Capital Research Group, Inc. (TheSUBWAY) based upon information believed to be reliable. The information contained herein is not guaranteed by TheSUBWAY 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. TheSUBWAY 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 http://www.thesubway.com or mentioned herein. TheSUBWAY 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. TheSUBWAY has been compensated one million shares for BLTA. CRG also expects to receive twenty five thousand dollars worth of stock on the first day of each remaining contract month for the next six months.. TheSUBWAY intends to sell its shares. TheSUBWAY has sold approximately zero BLTA shares to date. TheSUBWAY 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. TheSUBWAY''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. TheSUBWAY 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