WESTON, Fla., April 28, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: RV Wireless, Inc. (Pink Sheets:RVWS), Verizon Communications (NYSE:VZ), Nokia (NYSE:NOK) and The Time Warner Incorporated (NYSE:TWX).
Aggressive investors and day traders may be watching RV Wireless, Inc. (Pink Sheets:RVWS) again this morning! Yesterday after the markets closed, the company issued a press release announcing that Connectifi, Inc (RV Wireless, Inc. owns 30% of Connectifi, Inc.) has completed installation of its first DSL network and is now serving customers at the 1,500 site Voyager RV Resort and surrounding communities.
This could be more good news for investors! "In addition to our hugely successful wireless network at the Voyager, we are now offering residents and guests DSL service. The Voyager owns there own phone system and this has allowed us to provide DSL," says Jonathan Miller, CEO of Connectifi. "Many resorts own the copper in the ground and our plan is to offer DSL to resorts around the country in this position. Even if the resort is serviced by the local phone company, if the resort owns its infrastructure, we can install DSL."
"We chose ZyXEL as our DSL equipment vendor and are pleased with its functionality and remote management capabilities. We have installed one VES 2500s at the Voyager and another in the Bay, a neighboring community. There's been a pent up demand and many customers have signed up for the service already." Jonathan Miller, went on to say. "This might be a niche market, but it's huge and growing. Baby Boomers are retiring and filling RV resorts throughout the country and they want their Internet for staying in touch, managing their portfolios and conducting business."
Investors continue to watch the progress of RV Wireless! Two days ago, the company issued a press release announcing that it had signed a letter of intent to acquire LiveVoip, LLC an Arizona based provider of Voice over Internet Protocol ("VoIP") communication services and products.
For more in-depth coverage of RV Wireless, visit http://www.backissuesofnewsalerts.us/RVWS0427.html
Prior to yesterday's press release, the stock closed yesterday at around Four cents a share.
In case you are not familiar with the companies: RV Wireless is poised to consolidate the WiFi industry in the valuable niche market of RV Resorts. RV wireless is seeking a large customer base through acquisition and organic growth to distribute its unique bundle of communications products. RV Wireless, Inc. owns 30% of Connectifi, Inc., the leading provider of high-speed Internet access through its RVwifi service offering at RV Resorts in the Southwest and has a year-round service for RVers in its RVwifi and DSL products. RVwifi provides access in 3,400 locations as a member of the Airpath Provider Alliance.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Verizon Communications (NYSE:VZ) up 3.5% on 14 million shares traded, Nokia (NYSE:NOK) up 0.8% on 13.2 million shares traded and The Time Warner Inc. (NYSE:TWX) even on 12.3 million shares traded.
Commentary: "Martha Stewart Living Omnimedia Inc. reported a smaller first-quarter loss than last year, however, the company is still struggling with a 13% revenue drop. This is primarily from its loss of TV advertising as Ms. Stewart was away. Two new shows are slatted for the upcoming season and will help recapture some of those revenues. Revenues fell to $38.7 million from $44.50 the previous year, however, publishing revenues rose, helped by business from two new magazines," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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