SOURCE: Wall Street News Alert

July 14, 2005 08:34 ET

Wall Street News Alert Issued on Equus Resources!

WESTON, FL -- (MARKET WIRE) -- July 14, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Equus Resources, Inc. (OTC: EQUR), Microsoft Corp. (NASDAQ: MSFT), General Electric Company (NYSE: GE) and Cisco Systems (NASDAQ: CSCO).

Equus Resources, Inc. (OTC: EQUR) may be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it plans to add a residential construction division through the acquisition of an established Atlanta-based construction company.

The news of the addition should be welcomed by investors! The company being acquired operates in the greater Atlanta metropolitan area, primarily in the fast-growing northern suburbs of Fulton, Forsyth, Cherokee, Gwinnett and Cobb counties, which continue to be some of the hottest homebuilding markets in the United States. The company will be renamed "Team One Builders" as part of the Equus corporate strategy to build resources, value and name recognition around its "Team One" brand which already includes Team One Mortgage Services and Team One Insurance Services.

Equus appears poised to take advantage of this new residential construction division! In making this announcement, Randy Harris, President of Equus, commented: "This acquisition represents an ideal addition to our Team One family of companies. We are confident that it will begin generating profits for us almost immediately and we plan to expand its operations to other markets in the Southeast where new home construction continues to be very strong and where we already have a presence through our mortgage operations."

Watch this company! Mr. Harris added, "The synergy created for us by this acquisition is extremely exciting. It is a major step toward complete vertical integration of our company. Not only will this acquisition become a stand-alone profit center, but the immediate spin-off revenue potential for our other Team One companies could prove to be the most lucrative part of the acquisition."

Investors should continue to monitor the progress of Equus Resources for further developments! The head and principal owner of the company, who will continue as its President after the acquisition, has been actively involved in home building for the past 35 years. He has personally supervised the construction of over 400 homes, most in the luxury segment with an average price in the $500,000 range. However, he has also built entry-level and move-up homes, as well as prefabricated and modular homes. The total value of homes he has built exceeds $150 million. He is a certified home inspector and a general contractor and has commercial construction experience with churches and shopping centers.

For updated in-depth coverage and a company profile of Equus Resources, visit

Prior to yesterday's press release, the stock closed at around Two cents a share.

In case you are not familiar with the company: Equus Resources is a multi-faceted financial services company that offers consumer and commercial clients a broad range of mortgage and insurance products, mainly in the southeastern states. Equus plans to expand its business through internal growth and acquisition and to add new financial products and services as demand warrants. The company is headquartered in Roswell, Georgia, a suburb of Atlanta. Company information can be found at and

Stocks showing interesting activity yesterday at the close of the regular trading day were: Microsoft Corp. (NASDAQ: MSFT) up 0.2% on 44.7 million shares traded, General Electric Company (NYSE: GE) up 0.2% on 17.1 million shares traded and Cisco Systems (NASDAQ: CSCO) up 0.9% on 37.2 million shares traded.


"The trade deficit surprised many analysts for May, coming out with a drop of 2.8% or 55.3 billion where 57 billion was forecast. The drop was due to an increase in exports, says the Commerce Department, and no doubt still the weak dollar. Additionally, April's deficit was adjusted downward to $56.9 billion from 57. Hey, a couple hundred million here and there helps," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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