SOURCE: Wall Street News Alert
|
June 25, 2007 08:28 ET
Wall Street News Alert Issues Special Alert on PRGJ! June 25, 2007
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL--(Marketwire - June 25, 2007) - Wall Street News Alert's "stocks to watch" this
morning are: PRG Group, Inc. (PINKSHEETS: PRGJ), Microsoft (NASDAQ: MSFT),
Level 3 Communications, Inc. (NASDAQ: LVLT) and Oracle (NASDAQ: ORCL).
Wall Street News Alert is initiating coverage PRG Group, Inc. (PINKSHEETS: PRGJ), and urging investors to place to monitor the company. At the end of
the week, the company issued a press release announcing that first quarter
2007 sales revenue of $1.4 million, an increase of $634,000 (83%) over Q1
2006 revenue of $764,000. Similar percentage increases are anticipated
throughout 2007.
"The majority of sales this profitable quarter were in the healthcare and
industry sectors, but PRG will also target small to medium scale businesses
in the coming quarters," said Uma Pandey, PRG Group CEO. "This is an
exciting time for the company, and with each goal on the agenda, we will
keep our shareholders informed of our progress and successes." PRG Group
will release a 2007-2008 forecast by early August.
Wall Street News Alert is placing Aggressive Investors on alert to monitor
the progress of PRG Group, Inc. as the company continues to issue positive
news! On June 12th, the company announced that gross revenues for fiscal
year 2006 were $3,884,957, an increase of $1,396,242 (58%) over fiscal
2005.
Prior to the latest press release, the stock closed at around Thirty-Three
cents a share.
For Wall Street News Alert's in-depth profile of PRG Group, visit
http://www.WallStreetNewsAlert.com/HotStocks/PRGJ062407/default.aspx
To view all of Wall Street News Alert's special early morning trading
alerts for this morning, visit www.WallStreetNewsAlert.com, where you may
also sign up to receive free email alerts in advance of our press releases
being issued.
Microsoft (NASDAQ: MSFT) down 2.4% on 87.9 million shares traded.
Founded in 1975, Microsoft is the worldwide leader in software, services
and solutions that help people and businesses realize their full potential.
Level 3 Communications, Inc. (NASDAQ: LVLT) 3.3% on 62.8 million shares
traded.
Level 3 Communications, Inc., an international communications company,
operates one of the largest Internet backbones in the world. Through its
customers, Level 3 is the primary provider of Internet connectivity for
millions of broadband subscribers.
Oracle (NASDAQ: ORCL) down 1.4% on 39.6 million shares traded.
Oracle is the world's largest enterprise software company.
Market Commentary:
"Wal-Mart, who has more than 3,300 retail stores in the U.S., is planning
on adding more MoneyCenters there. Currently they have 225, but plan to
expand to 1,000 by 2008; the MoneyCenters are planning to distribute
pre-paid debit cards," stated Sonja Rudd in Wall Street News Alert's daily
commentary continued at: http://www.WallStreetNewsAlert.com.
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