Shooting Stars Stock Report
Emile Conway
e_conwayif at foi.hr
Mon Aug 8 15:43:37 BST 2005
Market Movers is not your father's investment
newsletter! We focus on
stocks with the potential to go up in value by well
over 100%. That's what
it takes to make it on to our list. The beauty of
this is that with the
right information it only takes one smart investment
to make serious
profits!
Investors, let's Make the Market Work for Us! Here's
our next HOT PICK!
New Developments Expected To Move Hathaway Corporation
much higher!
Site: hathawayglobal . com
Symbol: HWYI . PK
Current Price: $1,80
Short Term Target Price: $4,10
12 month Target Price: $5,65
As we all know, great news combined with a great
company produces great
stock price results! Read on to find out why we
believe this is just the
situation we have here today!
***NEWS ABOUT THE COMPANY***
ST. PETERSBURG, FL--(MARKET WIRE)--Aug 1, 2005 --
Hathaway Corporation
(Other OTC:HWYI.PK - News), a leading global provider
of communications and
telecommunications software, today announced the
completion of the
acquisition of OptiCon Systems Inc., a unit of
Corning®
The OptiCon Systems software, developed, patented and
sold by Corning for
Fiber Optic Management, is currently in use by
Comcast®, Charter®,
Adelphia® and Time Warner®, as well as several other
major cable and
telephone companies throughout the U.S. These
companies now become Hathaway
clients.
Sam Talari, acting CEO of Hathaway Corporation,
stated, "We are extremely
excited about this acquisition of OptiCon Systems Inc.
We've gone through
twelve months of extensive due diligence on OptiCon,
ensuring its patents,
management, market opportunity and customer lists were
validated." Mr.
Talari further states, "With the Fiber-to-Home
initiative by all major cable
and telecom companies expanding at a rapid pace, the
OptiCon management
system will undoubtedly become a necessity for these
companies to manage
their services in the most effective and efficient
way. OptiCon is currently
deployed by 7 of the 10 major cable and telecom
providers, and this
acquisition will have a significant impact on our
revenues for the next 5
years. Hathaway will immediately begin the process for
listing on the NASDAQ
Small Cap Market."
***Market Opportunity***
OptiCon Systems provides Fiber Optic Network
Management systems that
currently run on over 70% of the major telecoms and
cable companies here in
the United States. The OSS software marketplace was
$11.1 billion worldwide
in 2003 and is expected to grow to $16.2 billion
worldwide by 2007. North
America has 60% of the marketplace at $6.6 billion.
OptiCon is poised to
increase its lead by major infusion of investments and
capital infusion.
Symbol: HWYI . PK
Current Price: $1,80
Short Term Target Price: $4,10
12 month Target Price: $5,65
Watch this one trade on Monday and ALL WEEK!
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sh4re-h0lder on an
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majority
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reliance on two customers for over fifty percent of
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