Contact Information: For Additional Information: Dawn Van Zant: 800-665-0411 Emerging Growth Research Joseph Noel San Francisco, California 925-922-2560
Research Report Update by Emerging Growth Research on Showcase Technology Stock, Geeks On Call Holdings (OTCBB: GOCH), Raising Six-Month Price Target From $2.00 to $3.00
POINT ROBERTS, WA and DELTA, BC--(Marketwire - July 24, 2008) - InvestorIdeas.com and
Techsectorstocks.com, a Technology Stocks Investor Portal within
InvestorIdeas.com, announce the availability of an updated research report
for Geeks On Call Holdings, Inc. (OTCBB : GOCH ), following up on the July
9th report issued by Emerging Growth Research. Geeks On Call, a premier
national provider of on-site computer service and solutions to small
business and residential markets, also announced news on "Geeks On Call®
Launches CallTheGeeks.com" and also filed an 8K on a new pilot program.
Emerging Growth Research Report Update Hi-lites:
Geeks On Call today announced it will begin offering outsourced IT services
out of Sam's Club locations. The services, which we believe are modeled
after Best Buy's highly successful Geek Squad business, will initially
target 20 Sam's Club locations. In our opinion, this is a company making
event, on which investors should capitalize by purchasing these shares. As
a result of gaining this contract, we are raising our six-month price
target from $2.00 to $3.00.
We view this trial as only the beginning of a much more extensive rollout
of services, which we believe could eventually encompass all Sam's Club
locations.
As computer and consumer electronic technologies become increasingly
complex, businesses and consumers are increasingly turning to outsourced IT
services. This market is growing rapidly and currently valued in excessive
of $8 billion for the US alone. It is estimated the market is underserved
by an additional $11 billion due to a limited selection of reliable
vendors. We believe GOCH is well prepared to target this $19 billion market
opportunity.
Research Report Link:
http://www.investorideas.com/CO/GOCH/pdf/GOCHReport.pdf
*Investors are reminded to read all disclaimers and disclosures related to
report.
8K SEC filing: http://ca.us.biz.yahoo.com/e/080723/goch.ob8-k.html
News: Geeks On Call® Launches CallTheGeeks.com™
Analyst:
Joseph Noel is a 29-year veteran of the telecommunications and investment
industries. Joe was recently a senior analyst at Pacific Growth Equities,
LLC, where he tracked the communications equipment/services and advanced
industrial sectors. Prior to Pacific Growth, he covered both the
telecommunications equipment and services industries at Hambrecht & Quist
and was employed by Gartner/Dataquest as a communications industry analyst.
About Geeks On Call Holdings, Inc. (OTCBB : GOCH ):
Geeks On Call is a wholly owned subsidiary of Geeks On Call Holdings, Inc.
(OTCBB : GOCH ). Founded in 1999, the Company is a pioneer in the mobile,
rapid-response on-site IT service concept. Geeks On Call's certified IT
professionals service small businesses and residential customers across the
nation, providing computer privacy and security solutions, hardware and
network installations and troubleshooting, as well as repairs, upgrades and
consulting. Geeks On Call also co-markets through endorsed vendor
relationships with other franchisors, who offer GOC services to their
franchisees as a value-added benefit. Over 250 independently owned and
operated franchises have been granted, with new franchise and Corporate
locations opening regularly.
More Info: Visit the Company Showcase on InvestorIdeas.com at:
http://www.techsectorstocks.com/CO/GOCH/Default.asp
Media Presentation: http://www.investorideas.com/CO/GOCH/ss/default.asp
Or the Company Website at: http://www.geeksoncall.com/
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pro-rata over 12 months.