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4/6/2004 6:24:09 AM ET
Wall Street News Alert: Stock Tips for Wednesday! April 7, 2004, Part 2
Weston, FLA., Apr 06, 2004 (M2 PRESSWIRE via COMTEX) --
Wall Street News Alert's 'stocks to watch'this morning are: Telecommunications Products Incorporated (OTCBB: TCPD), Pacific Gold Corporation (OTCBB: PCFG), Celerity Systems Inc. (OTCBB: CESY) and Pinnacle Business Management Inc. (OTCBB: PCBM).
Aggressive investors need to take a long look at Telecommunications Products Inc (OTCBB: TCPD) this morning! Yesterday after the markets closed, the company issued a press release announcing that its wholly-owned subsidiary Hotel Movie Network has signed an agreement with a global leading manufacturer of consumer electronics! Under the terms of the agreement, the Company has gained access to the source codes of 'Smart TV'technology. This new capability enables Telpro to enhance existing remote control interfaces with proprietary protocols for both the mid-market and high-end hospitality properties. This will include automation of guest services in addition to Live-TV and Pay-Per-View that includes major studio releases.
This could be great news for investors! According to the press release, the agreement authorizes Telpro to customize its systems to interface directly with 'Smart TV'media electronics for delivery of audiovisual content to its rapidly developing customer base of over 8,000 clients in the hospitality and private cable industries. Telpro will also be able to leverage its access to Smart TV to enhance profitability from its inventory of over 144,000 compatible set top boxes, which will be deployed across the U.S. and expanding international markets.
Keep your eyes on this company! Robert Russell, Chief Executive Officer of Telpro, stated, 'This agreement will functionally enable us to broaden our service offerings as well as increase our potential client base. This agreement equips us with the ability to compete with larger competitors based on price, delivery, and depth of service offering. We are extremely excited to enter the large-scale hospitality market, which represents a new foundation for growth for the Company.'
The stock closed yesterday at just over Seven cents a share.
In case you are not familiar with the company: Telecommunication Products, Inc. ('Telpro') is a provider of video-on- demand and pay-per-view services to the hospitality industry. The company is also currently marketing hi speed Internet access products, including high end wi-fi. Telpro is committed to delivering the next generation of interactive communication services to its growing database of clients. For additional information, please see http://www.tellapro.com/
Stocks showing interesting activity yesterday were: Pacific Gold Corp. (OTCBB: PCFG) up 18.7% on 441,400 shares traded, Celerity Systems Inc. (OTCBB: CESY) even on 12.7 million shares traded and Pinnacle Business Management Inc. (OTCBB: PCBM) even on 114.8 million shares traded.
Commentary: Closing Cost Fees 'A survey by www.bankrate.com found that loan fees, closing costs, averaged $3,350 in 2003 and some as high as $11,395. There are some things you can do to keep the fees down. First, clean up your credit report before you apply for a loan. You must check with all three credit bureaus, Equifax, Experian, and Trans-Union. Second, look over carefully your 'good-faith estimate'that a lender must provide before closing. Check out charges for processing fees, documentation, deliver costs, faxing, e-mailing. Many can be disputed.
Lastly, look over the HUD-1 form, the final accounting of all the expenses and fees. Here you can also dispute any charges you feel are unfair,'Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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