Business Services Industry
TheSUBWAY.com Announces Investment Opinion: Rates Unchanged?
Business Wire, March 20, 2002
Business Editors
NOTE TO EDITORS: The following is an investment opinion issued
by TheSUBWAY.com
WESTON, Fla.--(BUSINESS WIRE)--March 20, 2002
Keep an eye on iBIZ Technology Corp. (OTCBB:IBIZ). The Company just released huge news. IBIZ could be a huge winner in the short term. Other stock market standouts include PeopleSoft Incorporated (Nasdaq:PSFT), up on 6 million shares after news of success with mid-market customers, Sanmina-SCI Corporation (Nasdaq:SANM), down 5% on 7 million shares after news of insider buying, Check Point Software Tech (Nasdaq:CHKP), down on 4 million shares after news regarding insider activity and Concord EFS Inc. (Nasdaq:CEFT), up on 5 million shares after news of cooperation with Travelers Express/Money Gram.
"In a unanimous decision among Fed members, the central bank opted to leave interest rates unchanged, with the fed funds target remaining at 1.75 percent Tuesday afternoon. The key lending rate dropped below 2 percent in December, after the Federal Reserve cut interest rates for the 11th time in just over one year's time in an unprecedented bid to revive the ailing U.S. economy," stated Peter Antipatis in TheSUBWAY.com's daily commentary. Continued at http://www.TheSUBWAY.com
All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (one thousand dollars for ibiz) CRG intends to sell its shares. CRG has sold approximately zero ibiz shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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