SOURCE: Wall Street News Alert

September 20, 2005 08:37 ET

Wall Street News Alert: U.S. Hot Stock Highlights! September 20, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- September 20, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: WaveScribe International Corp. (OTC: WSBL), Microsoft Corp. (NASDAQ: MSFT), Cisco Systems (NASDAQ: CSCO) and Apple Computer Inc. (NASDAQ: AAPL).

WaveScribe International Corp. (OTC: WSBL) should 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 continues to increase revenue and its expansion of service and software offerings to one of California's top 10 HMO/industrial medicine providers.

News of the expansion and revenue increase should be welcomed by investors, as in addition to the three clinics in Los Angeles, Inglewood and Culver City, WaveScribe is completing the addition of a sister facility in Riverside, California. Upon executing the final details, this facility can begin utilizing the WaveScribe Web-based transcription platform by the third week of September! The company states that due to a strict privacy policy for this HMO client, they are unable to provide their name at this time.

Watch this company! The Industrial Medicine Division anticipates increased revenues of approximately 12% this year.

"We continue to be committed to a continuous growth pattern with this client. There are many areas where our product can make a tremendous difference regarding client workflow, distribution, and report production. WaveScribe offers a unique opportunity for them to easily take advantage of," said Cris Bahar, President of WaveScribe International Corp.

Investors should continue to monitor the progress of WaveScribe for further developments! Before anticipating the above increase to revenue, on August 24th, the company had announced in a letter to shareholders that it is on course to do $1.4M in revenue, a 6% increase over 2004, with a minimum gross profit of 38%.

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

Prior to the press release, the stock closed yesterday at around Three cents a share.

In case you are not familiar with the company: WaveScribe offers the first web-based transcription software that was designed, developed, and deployed by transcriptionists. Documents created through WaveScribe have a 128-bit security encryption, HIPAA and Privacy Law compliance. Access to a transcribed document for editing, reprints, updates, 24-hours a day in a simplified and cost-effective manner to handle the task of document control is now available. The WaveScribe platform requires no software to purchase, and installation is not required. The typist/transcriptionist utilizing the platform can create documents on the go, including loading pre-existing documents. Traditional methods of dictation such as from tape, digital recorder, dial-in, pushed or PC-generated dictation can be maintained, creating a significant dollar savings.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Microsoft Corp. (NASDAQ: MSFT) down 0.2% on 61.8 million shares traded, Cisco Systems (NASDAQ: CSCO) down 1.3% on 45.7 million shares traded and Apple Computer Inc. (NASDAQ: AAPL) up 2.7% on 27.9 million shares traded.


"Markets on Monday hit the skids and leered downward as oil is up to $66 a barrel, natural gas is up as well, and gold is at a 17-year high of $472 per ounce. This as the FOMC meets to set interest rates this week did little to help the indexes rise into the green," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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