posted
ICOA Inc Announces Launch of Amenity Wi-Fi Service in Denny's Restaurants Nationwide 2/21/06
WARWICK RI, Feb 21, 2006 (MARKET WIRE via COMTEX) -- Following its acquisition in July, 2005 of Cafe.com locations, including the privately branded Denny's Wireless Internet network, ICOA (OTC BB: ICOA), today announced that the company has re-launched the Denny's Wireless Internet service as an amenity based network, continuing to bring free wireless Internet access (also known as "Wi-Fi") to Denny's restaurants across the USA and Canada.
ICOA worked with Colubris Networks to design a highly reliable, enterprise quality, solution for the Denny's network. Alan Kobran V.P. of Marketing at ICOA Inc, states: "All of us at ICOA are thrilled to be working with Colubris to offer Denny's customers an amenity service that is easy to use and provides strong wireless security. The solution integrates seamlessly into ICOA's customer care operations, enabling us to deliver a high quality service to Denny's patrons that enhances the company's brand and improves the restaurant experience."
"We've had Denny's Wireless Internet in our restaurant for close to two years and our customers love it," said Joe Terrell, board member of the Denny's Franchisee Association. "Now that we're offering it free, usage is growing by leaps and bounds which adds to my top and bottom line."
Brian St James a franchisee in Palo Alto, CA stated, "I have customers who told me they're passing up going to the local Starbucks which has a fee based network and are coming to my Denny's simply because we offer the amenity based Denny's Wireless Internet. ICOA's Denny's Wireless Internet is bringing in new customers and repeat business. This product really hit the target."
Rick Schiffmann ICOA CEO stated: "Our experience in delivering custom Wi-Fi solutions inside the QSR market to companies like Panera Bread, Panda Express and Au Bon Pain makes us a great fit with the Denny's restaurant chain. There is a Denny's restaurant at almost every off-ramp in America, with locations open 24 hours. We are proud to be working with Denny's to power their private labeled 'Denny's Wireless Internet' and make the amenity service synonymous with Denny's broad appeal to the public."
About ICOA, Inc.
ICOA, Inc. is a national provider of neutral-host wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operations, maintenance and management of neutral, common-use 802.11x standard WLAN Wi-Fi hot spot and hot zone infrastructure throughout airport facilities, quick-service restaurants, universities, travel plazas, marinas, hospitality and municipal/hot zone locations. ICOA owns or operates over 1,500 broadband access installations in high-traffic locations across 45 states. For additional information, visit http://www.icoacorp.com. To subscribe to ICOA's email alert system, please send an email to: news-subscribe*icoacorp.com.
The foregoing contains "forward-looking statements" which are based on management's beliefs, as well as on a number of assumptions concerning future events and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside ICOA's control that could cause actual results to differ materially from such statements. For a more detailed description of the factors that could cause such a difference, please see ICOA's filings with the Securities and Exchange Commission. ICOA disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of ICOA.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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Our system posted a BUY-IF today. The previous SELL recommendation was issued on 01.27.2006 (25) days ago, when the stock price was 0.0420. Since then ICOA has fallen -11.90% .
A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the prime star of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.
There are three possible cases of confirmation. You have to follow the next session carefully to check if these cases will hold or not:
The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.
In the second case, the market opens at a level, equal to or below the previous day’s close. The benchmark is that closing price. If prices during the session stay over the benchmark, go long. Any white candlestick closing above the previous day’s close is the second confirmation criterion.
If, however, in both cases, the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark.
The third case of confirmation is rarely observed. The market opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below the previous day’s close. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.
If one of the three confirmation criteria is not fulfilled, or in case of a black candlestick or a doji on the confirmation day, the BUY-IF alert remains valid, however without confirmation and the three confirmation criteria are then sought in the following day. The only exception is the long black candlestick. Any long black candlestick following a BUY-IF alert makes it (the signal) void and invalid.
We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.
Data provided by: End of Day Data
BUY-IF
0.0370 +0.0057 +18.21%
Candlestick Analysis Today’s Candlestick Patterns: White Marubozu Bullish Morning Star
Today a White Marubozu was formed. This shows that the buyers controlled the price action from the first trade to the last trade. For more about this candlestick click here.
The last three candlesticks formed a Bullish Morning Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended. For more about this pattern click here
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
ICOA Inc. to Present at Arch Investment Conference 2/23/2006
WARWICK, RI, Feb 23, 2006 (MARKET WIRE via COMTEX) -- ICOA, Inc. (OTC BB: ICOA), a national provider of wireless broadband Internet networks and managed services in high-traffic public locations, has been invited to present at the Arch Investment Conference, today, February 23, 2006.
The company's CEO, Rick Schiffmann, will present an overview of ICOA's strategy and review progress of ICOA's strategic initiatives, including providing the latest developments in its growth and acquisition plans.
"ICOA is excited to kick off its 2006 Investor outreach through participation in the Arch Investment Conference. We are making a concerted effort to bring ICOA's exciting story to an ever wider audience of investors on Wall Street and Main Street," said Rick Schiffmann, president of ICOA. "The Arch Investment Conference, and other similar high-visibility opportunities are one of the channels ICOA will again pursue this year in an ongoing effort to gain recognition among top analysts, portfolio managers and private investors on Wall Street."
The conference will be held at Plaza Athenee Hotel at 37 East 64th Street between Park and Madison Avenues. ICOA is scheduled to present in Session I from 9 to 10 A.M.
Arch Investment Conferences, Inc. is a premier sponsor of investment conferences reaching the institutional investor community in New York. Visit Arch at www.archconferences.com. Attendance at Arch events is by invitation only. If you are interested in attending this Arch event please contact Arch at info*archconferences.com.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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