SOURCE: Wall Street News Alert
|
May 03, 2006 09:43 ET
Wall Street News Alert: TGLE Is on the Move! May 3, 2006
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL -- (MARKET WIRE) -- May 3, 2006 -- Wall Street News Alert's "stocks to watch" this
morning are: Titan Global Entertainment, Inc. (OTC: TGLE), Lucent
Technologies (NYSE: LU), Dell Inc. (NASDAQ: DELL) and Nortel Networks(x)
Corporation (NYSE: NT).
Titan Global Entertainment, Inc. (OTC: TGLE) may be a target of aggressive
investors and day traders as the markets open this morning! Yesterday after
the stock markets closed, the company issued a press release announcing
that it has entered into a contract with iWatchNow Inc., a leading
independent provider of digital content.
News of the new relationship should get the attention of investors, as this
makes the third announcement of such in the past week! iWatchNow has agreed
to provide Titan Global Entertainment with unlimited access to its library
of over 3000 hours of licensed content.
Continue to watch this company! Users of the revolutionary Titan Omni media
player will be able to access over 500 movie and TV titles, through the
Titan Tunes web site, including the original animated version of "The
Chronicles of Narnia." In addition, The Titan Omni will be preloaded with
hundreds of movies and TV shows provided by iWatchNow Inc.
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of Titan Global Entertainment! Earlier this week,
we reported that the company announced that Pyramid Media, a division of
Titan, and Billboard, the world's most trusted source of music, video and
digital entertainment news, charts, reviews and analysis, issued a press
release announcing that they will join forces to release a series of hit
music video compilations on DVD titled "Billboard Video Hits." Late last
week, we reported that the company announced the signing of an agreement
with Promo Only, the nation's largest subscriber-based music and music
video service, which provides Titan with access to their 47,000 music video
library. At the time, Jim Pugh, Co-Chairman and Chief Executive Officer of
Titan Global Entertainment, said, "This agreement with Promo Only is just
part of our ongoing strategy to provide our customers with the highest
quality and most extensive music content currently available in the world
today."
Prior to the latest press release, the stock closed yesterday at
Ninety-Six cents a share.
For an in-depth profile of Titan Global Entertainment, visit
http://www.thenewssvc.com/TGLE050206.html
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.
In case you are unfamiliar with the companies: Titan Global Entertainment,
Inc. is one of the fastest growing entertainment companies in the world.
Titan Global Entertainment, Inc. is a multi-faceted hybrid music
entertainment company that specializes in artist management, record
production, traditional record distribution, digital distribution, music
consulting, publishing, television & multi-media, marketing, promotion and
new emerging technologies of music by talented artists of various
backgrounds on a global level. The management team is comprised of
accomplished music industry veterans and technology experts.
Lucent Technologies (NYSE: LU) even on 71.7 million shares traded.
Lucent Technologies Lucent Technologies designs and delivers the systems,
services and software that drive next-generation communications networks.
Dell Inc. (NASDAQ: DELL) down 0.8% on 30.9 million shares traded.
Dell Inc. listens to customers and delivers innovative technology and
services.
Nortel Networks(x) Corporation (NYSE: NT) up 0.3% on 28.7 million shares
traded.
Nortel is a recognized leader in delivering communications capabilities.
Commentary:
"Oil once again remains in the headlines as an Iranian oil deputy predicted
$100 per barrel by next winter. Oil for June delivery traded at $74.10 up
40 cents. Gold was also up, trading at $666 an ounce, up by $5.90. The
dollar weakened against the euro and bond prices were up as well, trading
at 95 9/32 yielding 5.12%. Iran continues to ignore world pressure
regarding nuclear technology, Nigeria still has riots, and Venezuela and
Bolivia are no friends to the U.S. so oil is a major head ache to most
consumers," stated Sonja Rudd in Wall Street News Alert's daily commentary
continued at: http://www.WallStreetNewsAlert.com.
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