Morning Call Companies on the Move for Wednesday, August 15, 2007: SUFH, Financial Results and Corporate Progress!
Market Wire, August, 2007
TheSUBWAY.com names the following stocks to its Stock Alert List: Surfect Holdings, Inc. (OTCBB: SUFH), Brocade (NASDAQ: BRCD), VeriSign, Inc. (NASDAQ: VRSN), Accredited Home Lenders Holding Co. (NASDAQ: LEND).
Surfect Holdings, Inc. (OTCBB: SUFH) just announced that its subsidiary, Surfect Technologies, Inc., a design and manufacturing company offering an innovative single-cell electroplating tool and process for the semiconductor industry, reported financial results and corporate progress for the second quarter ended June 30, 2007.
"This quarter our primary objective was to transition into full commercial sales of the Ascent and Leapfrog products. We received our first purchase order from a Taiwan-based provider of wafer bumping, assembly and test services," stated Steve Anderson, Surfect CEO. "I continue to see strong growth in the market, as evidenced by the recent Frost & Sullivan report that noted the Asian packaging market would nearly double from 2006 to 2010 to over $28 billion. To capture this growth we significantly expanded our sales presence, with the addition of not only direct sales people but distributor reps as well. We remain on track with our other corporate goals, and expect to announce customer orders early in the quarter."
Other stocks highlighted include Brocade (NASDAQ: BRCD): Stock Pick List, down 3% on 11 million shares, VeriSign, Inc. (NASDAQ: VRSN): Stock Pick List, down 3% on 7 million shares, Accredited Home Lenders Holding Co. (NASDAQ: LEND): Stock Pick List, down 5% on 7 million shares.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to http://www.thesubway.com .
All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP 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. CRGP 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. CRGP has been compensated by third party shareholders with shares or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRGP has been compensated fifty thousand shares for SUFH. CRGP has also purchased fifteen thousand shares in the open market. CRGP intends to sell its shares. CRGP has sold approximately zero SUFH shares to date. CRGP may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRGP and its web site are operated under a license from Capital Research Group, Inc., TheSUBWAY.com Inc. and One Source Solutions Inc. (Licensors) and CRGP is not the agent of any of the Licensors and CRGP is solely responsible for all statements made herein. CRGP's affiliates, officers, directors and employees intend to buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. CRGP 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.
Joe Farrar President CRG Partners, Inc. 973-332-1366 www.TheSUBWAY.com
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