OTC Growth Stock Watch Upgrades YAK Communications Recommendation to 'Aggressive Buy'
29 Septiembre 2004 - 7:45AM
PR Newswire (US)
OTC Growth Stock Watch Upgrades YAK Communications Recommendation
to 'Aggressive Buy' -- Target Price $16.00 Per Share in Twelve
Months -- NEEDHAM, Mass., Sept. 29 /PRNewswire/ -- OTC Research
Corporation, publisher of independent investment advisory
newsletter, OTC Growth Stock Watch, announced today that it has
upgraded its recommendation to an 'Aggressive Buy' on YAK
Communications, Inc. (NASDAQ:YAKC). The 'Aggressive Buy'
recommendation issued on YAK Communications is based on yesterday's
news and includes a profile of the Company's comprehensive business
strategies, unique concept, recent developments and impressive
growth to-date. Visit http://www.otcgsw.com/ or call 781-444-6100
for detailed subscription information or for a copy of the updated
report. Geoffrey Eiten, president of OTC Research Corp. and
publisher of OTC Growth Stock Watch, said, "At under $8 per share,
YAK Communications is extremely undervalued. Since our previous buy
recommendation, we have seen a number of positive developments from
the Company that support its long term growth prospects and an
aggressive buy- with sales increasing as expected while development
costs are absorbed. At current growth levels, our target price in
the next twelve months is $16.00 per share, which could
substantially increase if the Company's sales and earnings exceed
our expectations." About OTC Growth Stock Watch OTC Growth Stock
Watch (OTC-GSW) is a subscriber-based newsletter that accepts no
outside advertising and is not compensated for its recommendations.
Published since 1979, OTC-GSW is a registered investment advisor
with the Securities and Exchange Commission and has earned its
place as one of the most respected and referred-to guides to
discovering high-performance NASDAQ(R) Stocks. OTC-GSW is regularly
referenced by Barrons, Fortune, the Dick Davis Digest, and CNBC's
Market Mavens and other leading financial news sources. Publisher
Geoffrey Eiten's commentary on the latest developments in the
various financial markets appears each month in the newsletter.
Each issue of OTC Growth Stock Watch also features one in-depth
company report printed in a straightforward, easy-to-read format.
Each issues is also packed with the latest information on
previously recommended stocks along with detailed, and specific
advice to buy, sell or hold each given stock monthly. Geoffrey
Eiten is a former stockbroker who holds a B.S. degree in Business
Administration, with a major in Finance and Investments from Babson
College and has been publishing OTC Growth Stock Watch, a
subscriber-based investment advisory newsletter, for 25 years.
Geared toward aggressive, growth-oriented investors, OTC Growth
Stock Watch reports on companies with a market capitalization under
$100 million dollars, which meet a set of Publisher and Registered
Investment Advisor Geoffrey Eiten's rigid performance criteria:
minimum 2-to-1 current ratio, minimal or no long-term debt,
niche-oriented products and services, and an annual growth rate of
over 20%. Since very few public corporations meet OTC Growth Stock
Watch's rigid performance criteria, the GSW staff investigates
hundreds of companies each month. After thorough research and
analysis, OTC Growth Stock Watch is edited, printed, and mailed
first-class, emailed or faxed to paid subscribers every month,
guaranteeing current information for use right away. Visit
http://www.otcgsw.com/ for further information and for detailed
subscription information. Contact: Geoffrey Eiten, Publisher,
781-444-6100 x613 or . Disclaimer: OTC Growth Stock Watch,
published by OTC Research Corp., endeavors to supply its
subscribers with sound opinions and advice based on its analysis of
publicly available information from sources believed to be
reliable, but makes no representation as to its accuracy or
completeness. Opinions and advice of OTC Growth Stock Watch are not
based upon individual needs or investment objectives of subscribers
nor are they an offer to buy or sell securities. Since many company
issues featured may carry above average risk, OTC Growth Stock
Watch recommendations should be bought only by investors
financially able to purchase speculative stocks. OTC Growth Stock
Watch, its affiliates and subsidiaries and/or their officers and
employees may from time to time acquire, hold or sell a position in
the securities mentioned in its newsletters. Upon request, the
Company will be pleased to furnish specific information in this
regard. Additional information on any securities discussed is
available upon request. DATASOURCE: OTC Research Corporation
CONTACT: Geoffrey Eiten, Publisher of OTC Research Corporation,
+1-781-444-6100 ext. 613,
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