WESTON, Fla., May 12, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Network Installation Corp. (OTCBB:NWIS), Flowers Foods Inc. (NYSE:FLO), VIVUS Incorporated (Nasdaq:VVUS) and AngloGold Ashanti Limited (NYSE:AU).
Aggressive investors and traders should be watching Network Installation Corp (OTCBB:NWIS) again this morning! Yesterday after the markets closed, the company issued a press release announcing that it was awarded a $111,000 IT project from online marketer NeWave Inc.!
The project involves the deployment of and training for a complete voice and data platform and Mitel telecom solution, which will accommodate approximately 100 users for NeWave's new marketing center in Goleta,CA.
The company continues to issue good news for investors. It was just last week that we reported that the company was awarded a project order from Las Positas Elementary School!
Keep your eyes open for additional project orders! Network Installation CEO Michael Cummings stated "We are continuing to win new contracts resulting from the integration of telecom solutions with our traditional networking competency. NeWave is representative of these opportunities."
The stock closed yesterday at $4.55 a share.
In case you are not familiar with the company: Network Installation Corp. provides communications solutions to the Fortune 1000, Government Agencies, Municipalities, K-12 and Universities and Multiple Property Owners. These solutions include the design, installation and deployment of the infrastructure for the transmission of data, voice and video through traditional networks as well as wireless networks and Wi-Fi. Through its wholly-owned subsidiary Del Mar Systems International, Inc., the Company also provides integrated telecom solutions including Voice over Internet Protocol (VoIP) applications.
Stocks showing interesting activity yesterday were: Flowers Foods Inc. (NYSE:FLO) up .13% on 160,600 shares traded, VIVUS Inc. (Nasdaq:VVUS) up .90% on 269,100 shares traded and AngloGold Ashanti Limited (NYSE:AU) up .87% on 1 million shares traded.
Commentary:
"T-Bill rates rise again in Monday's auction. The short term rates for the three month bill, according to the Treasury Department, were the highest since June 2, 2003, and the six-month rate was the highest since November 4, 2002. The Treasury sold $18 billion in three month bills at a discount rate of 1.060 percent, up from 0.985 from last week; additionally they sold $15 billion is six month bills at a rate of 1.340 percent, up from 1.175 percent last week," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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