WESTON, Fla., Feb. 10, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Phinder Technologies Inc (OTCBB:PHDTF), VistaCare, Inc. (Nasdaq:VSTA), CIGNA Corporation (NYSE:CI) and Red Hat, Inc. (Nasdaq:RHAT).
Aggressive investors and traders may want to watch Phinder Technologies Inc., (formerly Digital Rooster.com Ltd) this morning! Yesterday after the markets closed, the company issued a press release announcing that it hit 100 sales in one day for the first time since it commenced its marketing campaign in January of this year. That is almost doubled the average daily sales of the week ending February 5, 2005.
The results could be more good news for investors! According to the press release, each customer pays a monthly fee of $29.95 or $359.40 per year so every 1,000 active customers represents $29.95 per month in revenue or $359,400 per year in revenue per 1,000 customers. At the current pace the company is adding over 2,400 new customers per month.
Investors watch this one! The strength in the Phinder's product lies in the combined package of services that a company gets for the competitive price of $29.95 per month and the ultra scalable marketing campaign that ensures the company will NEVER have to spend money on this side of the business unless sales are generated and confirmed. Customer attrition (cancellations) on a monthly basis is not anticipated to exceed 10% and all sales forecasts and growth projections have taken this variable into account.
For more in-depth coverage of Phinder Tech, visit http://www.backissuesofnewsalerts.us/phdtf0209.html
Prior to yesterday's news, the stock closed yesterday at around thirty-two cents a share.
In case you are not familiar with the company: Phinder Technologies Inc. specializes in the development and particularly, the marketing of software solutions that assist businesses, membership organizations, communities and groups with little or no Internet savvy in creating an online presence.
The company recently released its brand new proprietary website builder software for use with a wholly owned online directory service called TheYellowPages.bz (www.typ.bz). The company has also lent its considerable marketing expertise to TheYellowpages.bz in order to sell bundled services offering aimed at small to medium size businesses. The bundle includes a high quality web site (see www.typ.bz/samples), free web hosting, unlimited Internet access and web based email all for just $29.95 per month. Companies are billed monthly through their phone bill.
Phinder uses outbound telemarketing and true third party verification to sell this inexpensive service to businesses across the U.S., because it is a proven method of achieving and retaining sales. This marketing approach allows the company to only pay for confirmed sales, rather than conventional marketing where companies spend money in the hope to make a sale at some point.
Stocks showing interesting activity yesterday at the close of the regular trading day were: VistaCare, Inc. (Nasdaq:VSTA) up 9.2% on 1.7 million shares traded, CIGNA Corporation (NYSE:CI) up 1.7% on 3.2 million shares traded and Red Hat, Inc. (Nasdaq:RHAT) down 0.08% on 7.6 million shares traded.
Commentary:
"Ford Motor Co. is counting of the new Mercury Mariner, a hybrid mid-level SUV, to help the Mercury division. Better gas-mileage amid higher gas prices are predicted to boost sales," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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