POINT ROBERTS, WA and DELTA, BC--(Marketwire - July 9, 2008) - Investorideas.com and
Techsectorstocks.com, a Technology Stocks Investor Portal within
Investorideas.com, announce the availability of a research report for Geeks
On Call Holdings, Inc. (
OTCBB:
GOCH), issued by Emerging Growth Research,
based in San Francisco. Geeks on Call is a premier national provider of
on-site computer service and solutions to small business and residential
markets.
Emerging Growth Research Report Highlights:
"* We are initiating coverage of Geeks On Call Holdings, Inc. with a BUY
rating. We
are modeling greater than 100% revenue growth over the next fiscal year and
profitability by fiscal 2009 year end due to the many new initiatives this
management
team is putting forth. We believe shares are significantly undervalued at
current
levels.
* 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.
* In a market with only two other national competitors, we believe there is
space for this
company to emerge as a viable nationwide competitor to Best Buy's Geek
Squad and Circuit City's Firedog.
* The company is rapidly enhancing its business model with the addition of
company-owned
operations, which offer significantly higher margins. We expect more than
35
new company-owned locations to be opened during fiscal 2009.
* Over the coming months we are expecting the company to announce an
additional
significant expansion in operations due to the enrollment of several
national
franchisors into a newly created Endorsed Vendor Program positioning Geeks
On Call
as the preferred provider of IT services to the franchise community. We
believe these
events will be additive to our revenue model and will significantly
accelerate revenue
growth at the company.
* 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."
Research Report Link:
http://www.investorideas.com/CO/GOCH/pdf/GOCHReport.pdf
* Investors are reminded to read all disclaimers and disclosures related to
report.
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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and/ or the company and is not the opinion of our web sites.
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