posted
News for 'IBZT' - (Hot Stocks to Watch for Thursday, June 09, 2005: Finalizing Second Joint Venture Acquisition! NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.)
WESTON, FL, Jun 09, 2005 (MARKET WIRE via COMTEX) -- ************* announces the following stocks to its Hot Stocks List: Tradestar Corporation (OTC: TIRR), BEA Systems Inc. (NASDAQ: BEAS), Flextronics International (NASDAQ: FLEX), iBIZ Technology Corp. (OTC BB: IBZT).
Tradestar Corporation (OTC: TIRR) just announced that it has finalized the acquisition of its Schuessler project, a joint venture with United Production and Exploration of Houston, Texas. Estimated reserves are 0.75 billion cubic feet of natural gas, with daily production estimated at 750,000 metric cubic feet. At current natural gas prices, the project should yield revenues of approximately $3,650.00 daily and $1,332,250.00 annually to Tradestar.
Other stocks highlighted include BEA Systems Inc. (NASDAQ: BEAS): Stock Pick List, up 1% on 6 million shares, Flextronics International (NASDAQ: FLEX): Stock Pick List, up 2% on 4 million shares, iBIZ Technology Corp. (OTC BB: IBZT): Stock Pick List, up 7% on 5 million shares.
"Economists have ratcheted back their estimates for the pace of U.S. growth since the March durable goods number came in much lower than expected. The consensus estimate was hovering around 3.6% for GDP, but now they have been scaled down to about the 3% to 3.5% range. Shipments of core capital goods, a measure of business investment, dropped 1.1% in March." More is available at:
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
