SARASOTA, Fla., May 7, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Investors may want to keep an eye on MGP Ingredients, Inc. (Nasdaq:MGPI), Voice Technologies Inc. (OTCBB:ONEV) and Injecto-Matic Systems International Inc. (Pink Sheets:IJMS).
One Nasdaq stock that saw significant up movement on Thursday was MGP Ingredients, Inc. (Nasdaq:MGPI). MGP reported significantly improved financial results for the third quarter of fiscal 2004 compared to the same period the prior year. The company also raised its earnings guidance for all 12 months of fiscal 2004 to earnings of $1.30 to $1.35 per share from a previously announced range of $1.00 to $1.10 per share. MGPI traded heavier than usual volume Thursday of 862,988 to end at $34.65, UP 8.161 (30.81%).
On the OTCBB, making waves is Voice Technologies Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. On May 4th, Voice Technologies announced that Microsoft Corporation (Nasdaq:MSFT) would be demonstrating One Voice Technologies' soon-to-be released Media Center Communicator(TM) in the Windows Hardware Showcase at the 2004 Windows Hardware Engineering Conference (WinHEC). ONEV saw some heavier than usual volume Thursday of 48,702,936 to end at $.0345, UP 0.0175 (102.94%).
Friday's Pink Sheet "BUZZ" Alert:
Injecto-Matic Systems International Inc. (Pink Sheets:IJMS), announced a name change of their patent pending mosquito repellent product and also announce independent lab test results. Injecto-Matic is looking to capture a good share of the $500 million U.S. repellent industry with its "MOSQUITO PROSHIELD(TM)", which is a compact (11"x 14"x 12") effective patent pending & proprietary delivery system that creates 30'x 30' (approx.) "Bite-Free Zone" in your outdoor living space, through the use of new and innovative Scent Technology (non-toxic to humans and all natural repellent components). "MOSQUITO PROSHIELD(TM)" will carry a retail price in the range of $99 U.S. An independent third party, ICR Labs Inc. of Baltimore Maryland conducted lab results. The lab test was conducted in a small 30 x 30 room in which a volunteer fully protected by sealed clothing sat in a chamber for 1 hour and 1000 hungry female mosquitoes were released into the room. Then mosquitoes were counted on him at 5-minute intervals. After the hour the MOSQUITO PROSHIELD repellant system was placed in the room and after 15 minutes the landings were reduced to 83% less. IJMS is currently trading at around .37 a share. To learn more about Injecto-Matic Systems International Inc. go to, http://www.mosquitoproshield.com/. Have a look at Injecto-Matic Systems International Inc. today.
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