[Wot] Play SmallCaps for Big Gains
Dorthy Barnett
dorthybarnettja at lycos.com
Sat Aug 6 23:38:06 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!
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As with many micro-cap stocks, today's company has additional risk
factors worth noting. Those factors include: a limited operating history,
the company advancing cash to related parties and a shareholder on an
unsecured basis: one vendor, a related party through a majority
stockholder, supplies ninety-seven percent of the company's raw materials:
reliance on two customers for over fifty percent of their business and
numerous related party transactions and the need to raise capital. These
factors and others are more fully spelled out in the company's SEC
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