SOURCE: eLocity Inc.

June 28, 2005 11:06 ET

Tuesday's June 28th Stock Trading Alert

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

SARASOTA, FL -- (MARKET WIRE) -- June 28, 2005 -- eLocity's stocks to watch for Tuesday are -- Satelinx International, Inc. (OTC: SLXI), Cubist Pharmaceuticals Inc. (NASDAQ: CBST), Ciena Corporation (NASDAQ: CIEN), Airspan Networks, Inc. (NASDAQ: AIRN).

Investors may want to have a look at Satelinx International, Inc. (OTC: SLXI) a global provider of satellite vehicle tracking services that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless vehicle tracking and location services.

On June 23rd, Satelinx International Inc. announced it has signed a letter of intent with Next Group Brasil Limitada. The agreement will call for Next Group Brasil Limitada to market Satelinx' products and services in Brazil. Under the proposed terms for the agreement, Next Group expects residual revenues to grow to over $30 million U.S. over the next 60 months.

Shares of Satelinx International, Inc. (OTC: SLXI) are currently trading at around 36 cents.

Other stocks making Headlines:

Cubist Pharmaceuticals Inc. (NASDAQ: CBST)

Cubist Pharmaceuticals announced Monday that it will ask the Food and Drug Administration to give the drug priority review status for its Cubicin antibiotic drug, citing that a late stage trial showed it worked as well as the standard treatment in reducing heart valve and blood infections from Staphylococcus aureus bacteria.

CBST closed Monday's regular trading session at $10.93, and was trading higher at $12.45 in the after-hour market.

Ciena Corporation (NASDAQ: CIEN)

Network specialist Ciena Corp. announced Monday that it has formed a Government Advisory Board, comprised of a group of senior level executives and former government officials, to provide guidance to the company as it strategically aligns its solutions and services to serve the unique application requirements of the government marketplace.

CIEN closed Monday's regular trading session at $3.57.

Airspan Networks, Inc. (NASDAQ: AIRN)

Worldwide broadband wireless access networks provider, Airspan Networks, Inc., announced Monday that it has signed an extensive agreement with Ireland communications company Digiweb Ltd. to supply its WipLL wireless multipoint platform for the nationwide extension of Digiweb's broadband services.

AIRN closed Monday's regular trading session at $5.85.

About eLocity Inc: eLocity owns and operates three financial websites for investors.

-PennyPicks.com, http://www.pennypicks.com/. Featuring active message boards for the penny stock trader, rumors and more.

-StockGrid.com, http://www.stockgrid.com/. Visit this site for our daily top stock "GRID Makers". We rank stocks on volume, message board activity, sentiment and trend forecast.

-Bell2Bell.com, http://www.bell2bell.com/. Bell2Bell features news stories, rumors, the InvestBoard and more.

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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 SLXI (Public Company). The compensation is four thousand dollars from StreetInsider.com. 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