SARASOTA, Fla., Sept. 9, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Structures USA (Pink Sheets:STUS), United Airlines (OTCBB:UALAQ) and Force Protection, Inc. (OTCBB:FRCP).
Investors may want to swing over and check out a recently publicly traded company called Structures USA (Pink Sheets:STUS). Structures USA announced on Wednesday after the closing bell that it has, "Developed a new type of concrete called GigaCrete that is much lighter than conventional concrete and is made into a panelized building system. The panels can be rapidly erected by hand without the use of cranes and are used for floors, walls and roofs. 'Structures' is currently undergoing code approvals and recently became a publicly traded Company (STUS) on the stock exchange and expects rapid growth over the next few years and well into the future." STUS is currently trading between .60 -- .65 a share.
United Airlines (OTCBB:UALAQ)
United Airlines announced Wednesday that it is taking steps to lower its distribution costs as part of the company's ongoing restructuring efforts. The company stated that beginning on Sept. 9 it will add a fee to tickets purchased at U.S. airport ticket offices and through United reservations offices for calls originating in the United States and Canada. Tickets sold through the company's Web site will not incur the new fees.
United added it will add a $10 fee to tickets purchased at airport ticket counters and a $5 fee to tickets purchased through United reservations offices. The fees, which are effective Sept. 9, apply to domestic and international tickets sold through United reservations centers and U.S. airport ticket offices.
Shares of UALAQ closed Wednesday's trading session down by 0.035 at $1.115 on below average volume.
Force Protection, Inc. (OTCBB:FRCP)
Force Protection, Inc., manufacturer of mine-protected vehicles for military and security users, announced on Wednesday that it has signed a multi-year agreement with a humanitarian landmine-clearing organization to provide professional training and military advisory services internationally. The agreement with Landmine Clearance International LLC (LCI), a nonprofit group that conducts landmine clearing operations and related support activities, will facilitate operations among Force Protection, LCI and the United States Marine Corps, which will soon take delivery of Force Protection's Cougar Hardened Engineer Vehicles.
Shares of FRCP closed Wednesday's trading session up 0.036 at $0.211, an increase of 20.57 percent on above average volume.
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