SOURCE: Maybach Financial Group

Maybach Financial Group

October 24, 2007 13:55 ET

The Tech Boom Continues Focusing on Iteris, Inc., GlobalSCAPE, and ERF Wireless

The Tech Boom Continues

Maybach Financial Group

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

GRANDE BAY, MAURITIUS--(Marketwire - October 24, 2007) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release.

Maybach Financial Group is a syndicate of investment researchers compiling research from major analysts and fund managers. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on Iteris, Inc. (AMEX: ITI), GlobalSCAPE (AMEX: GSB), and ERF Wireless (OTCBB: ERFW). For the full report, visit

The Maybach Financial Group will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.

Oil prices rallied Wednesday after a government report showed an unexpected drop in inventories.

The Energy Information Administration said crude stocks plunged by 5.3 million barrels last week, despite previous reports from analysts looking for an increase of 300,000 barrels, according to a Dow Jones poll.

The dollar rallied from a record low against the euro Monday but the declines in gold and other commodities were short-lived as U.S. gold futures rebounded early on Tuesday, after the previous session's solid losses, as a sharply weaker dollar prompted bargain hunting among bullion.

Still, many analysts expect the declines to be temporary, and believe oil futures will continue their assault on price records in the days ahead.

The jump in oil prices has been fuelled by unprecedented weakness in the dollar, which hit a record low against the euro on Friday, a factor that has supported all dollar-denominated commodities.

Since oil is priced in dollars, a declining greenback makes oil less expensive for consumers outside the United States, encouraging more consumption.

However, oil producing nations have less incentive to ramp up output if the buying power they receive per barrel is declining, and foreign consumers have less incentive to reduce demand if oil is, relatively, getting cheaper for them.

The rise in oil prices most often have a strong effect on oil and gas companies, but slam the other sectors.

The commodity markets have been scaling new highs, but closer inspection reveals some are well below recent peaks with an outlook that is not so bright.

Many analysts are saying that investors should weigh their choices carefully to avoid markets that have risen too far too fast or those where the supply/demand fundamentals have deteriorated.

It is true commodities as a whole have performed well. The Reuters/Jefferies CRB Index, which index includes oil, gas, precious and base metals, wheat and soft commodities, hit a 14-month high this month at 342.62 from around 290 in January. However, many investors may be overlooking the fact that the bull is slowing down and may have a dramatic pullback in the short-term.

If you are a commodities-based investor, it's time to take a step back and make sure to expect the unexpected.

Visit to keep updated and receive a complimentary subscription plus two bonus reports.

After witnessing the recent plunge in the markets influenced by the resource sector, the falling housing slump and employment issues, smart investors and hedge funds are shifting interests into other sectors.

The markets are changing and investors are scared. The Bull Run that we have been use to over the past four years is starting to become more like a stampede in the other direction.

Stock markets are normally volatile, but investors have enjoyed a four-year run of below normal volatility and steady upward movement. Ups and downs, yes. But the Bull Run has been great over the past three to four years and has not ended as abruptly as many have predicted.

But while the end of the Bull Run has been predicted for more than a year, long-term investors shouldn't be worried. Of course, only if you know what you are doing.

First off, don't throw all your eggs into one basket.

Secondly, and most importantly, pick winners that last.

And pick winners that have little effect against the daily ups and downs of the economy. Visit to sign up free to receive your Special Report #1 for information on how to combat the markets or visit for your free subscription and BONUS reports.

We've seen oil markets spike, we've seen oil markets fall. We've seen wars, we've seen terrorist attacks. Chances are that the events that occur have a short term impact when you consider the overall factors of a 5-year forecast.

Most investors -- and unfortunately far too many brokers -- go on a buying spree the minute a rally starts in a particular sector. Correspondingly, they panic at the first sign of a downturn and tend to sell off some great stocks -- right before the dead cat bounces.

But Maybach isn't about day-trading and making money fast. It's about being patient and learning the secret of how to get rich slowly. Visit to See Special Report #1: The Pick of the Decade -- free when you sign up! or visit for your free subscription and BONUS reports.

It's also about adding stocks to your portfolio that have little or no effect against the state of the economy.

It's about technology

For example, Iteris, Inc. (AMEX: ITI), a leader in the Traffic Management market that focuses on the application and development of advanced technologies, today reported financial results for its second fiscal quarter ended September 30, 2007 with 2nd quarter revenues up 17% to $17 million. This help share value climb to a day-high of $3.32, up over 29% in early market trades.

The world as we know it has changed. Gone are the days of tradition and old school values. Thanks to technology, people no longer communicate via a simple phone call or meet their life partners in social settings. Take a look at some of the most recent headlines.

Technology has been the only sector continuing its steady climb and relatively unaffected by economic pressures.

GlobalSCAPE (AMEX: GSB) hit a day-high of $7.25 but slid in early market trades, hovering around the $6.75 mark. They have been increasing in share value since the beginning of this month and profit taking is now apparent. They recently announced yesterday that the Cryptographic Module to be embedded in its Secure Server and flagship, enterprise-class EFT Server products, has satisfied Federal Information Processing Standards (FIPS) pre-validation requirements. The Cryptographic Module has been placed on the FIPS 140-2 pre-validation list and now awaits the final certification review.

Social networking and user-generated content have also taken over the world. And big shot web start-ups have become multi-billion dollar profits for their creators and shareholders.

We all know that the tech boom is back and back with a vengeance with Web 2.0 start ups leading the way.

ERF Wireless (OTCBB: ERFW) hit a day-high of $1.47 in early morning trades. They recently announced its ERF Wireless Bundled Services subsidiary has entered into a new $2 million Master Lease Agreement with Agility Ventures LLC to provide incremental expansion capital for its growing wireless ISP operations.

The big boys are snapping up the little ones much like Microsoft did in their early Windows days. The next few years are going to be intense and believe us when we say that, "the tech boom is back and bigger than EVER!"

Visit to receive our Special Report #1 with information on how to combat the markets and how the face of the future is changing.

Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach 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. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

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