Texxon Inc. (OTCBB: TXXN) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, a pioneer in the field of international telecommunications, issued a press release announcing that it has received coverage from Market Advisors with a Short Term Price of $0.34.
News of the coverage should get the attention of investors! Every day, millions of people and thousands of businesses need to communicate in various languages. Texxon is a pioneer in developing software that makes it easier and faster for people around the world to communicate despite the many language barriers. The demand for these products that allow users to translate the many forms of communication including voice between English and German, French, Spanish, Italian, Chinese, Japanese, Korean and many more will be astounding.
Automated speech processing is developing into a multi-billion dollar business as consumers tap emerging technologies offered by firms like Texxon, Inc. The global market for speech processing topped the $3.5 billion dollar mark in 2005.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Texxon! Highlights of the report (which is available in its entirety, in the company's press release) include:
-- The products being developed by Texxon and its subsidiaries will allow their customers the ability to do so much more business over the Internet and the telephone on a global scale. -- The company is working on additional acquisitions that will offer similar operational synergies through mutual networks and technologies as well as help reduce operational expenses. -- The company's goals are to expand its wireless product and life management services throughout the world by adding new related services and content. Strategic corporate relationships with other companies offer exciting new revenue opportunities and provide the basis for the company's infrastructure. This greatly enhances opportunities for US companies doing business in all sectors, thereby raising the standard of living at home and abroad.
Prior to the latest press release, the stock closed yesterday at around Fourteen cents a share.
For an in-depth profile of Texxon, visit http://www.thenewssvc.com/TXXN083006.html
To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.
In case you are not familiar with the company: TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which deliver the highest level of customer service at user-friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia.
NAVTEQ (NYSE: NVT) up 12% on 4.3 million shares traded. NAVTEQ is a provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions.
Sigma Designs®, Inc. (NASDAQ: SIGM) up 16.8% on 4.3 million shares traded. Sigma Designs specializes in silicon-based media processors for IPTV set-top boxes, digital media receivers, high definition DVD players, HDTV, and portable media players.
Versant Corporation (NASDAQ: VSNT) up 35.9% on 1.2 million shares traded. Versant Corporation is one of the leaders in specialized data management software, which helps companies to handle complex information in environments that have high performance and high availability requirements.
"In economic news, the second quarter GDP has been revised to 2.9% from 2.5% in a report by the Commerce Department. The increase is due mostly because of better exports. GDP measures the value of all goods and services of the country," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at firstname.lastname@example.org
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.
WSNA is a Platinum Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For their free service, visit www.qualitystocks.net.
*** It has come to the attention of Wall Street News Alert (WSNA), that various persons or companies distribute faxes bearing similar names to Wall Street News Alert. Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street.***
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Fifteen Thousand Dollars for coverage of Texxon Inc. (OTCBB: TXXN), by a third party (Company Reporter Investments LP), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.