Post by stormin on Sept 3, 2004 20:02:09 GMT -5
Did anyone see the action of this stock today. It dropped to a low of .59 from a previous close of .84 to close at .76. That's a rebound of .17 which in my opinion is a great rebound. This stock has strength. I think it will shake out the panic crowd and then rebound to new highs. Check out this PR.
Sep 2, 2004 8:05:00 AM
PLANO, Texas, Sep 2, 2004 (BUSINESS WIRE) --
E-Mobile Information Technologies (Pink Sheets:EMTK) today released a report on their company prepared by analyst Jeff Helleberg on September 1, 2004. The complete, unedited text of that report is as follows.
Stock Symbol Pink Sheets:EMTKShares 46,500,000Float 26,500,000Recent price $0.30Short term price $2.05Web Site www.chltec.comPhone 1-469-443-0689
NEWS FLASH:
Microsoft, China (NasdaqNM:MSFT) selects E-Mobile Information Technologies as one of the top 20 companies out of 200 competitors to co-market its "Smart Phone" services in China. This will be a close partnership with Microsoft to market Smart phone value-added services. Microsoft also invited CHL to become a full member in the wireless sector for its partnership support program. The alliance will likely lead to other important opportunities with Microsoft.
In-Stat/MDR forecasts 118 million 3G wireless subscribers in China by 2008. EMC reports that the Chinese wireless market is already larger than the entire U.S. cell phone market and that its subscriber base will grow by 112% to over 547 million by '09.
Sep 2, 2004 8:05:00 AM
PLANO, Texas, Sep 2, 2004 (BUSINESS WIRE) --
E-Mobile Information Technologies (Pink Sheets:EMTK) today released a report on their company prepared by analyst Jeff Helleberg on September 1, 2004. The complete, unedited text of that report is as follows.
Stock Symbol Pink Sheets:EMTKShares 46,500,000Float 26,500,000Recent price $0.30Short term price $2.05Web Site www.chltec.comPhone 1-469-443-0689
NEWS FLASH:
Microsoft, China (NasdaqNM:MSFT) selects E-Mobile Information Technologies as one of the top 20 companies out of 200 competitors to co-market its "Smart Phone" services in China. This will be a close partnership with Microsoft to market Smart phone value-added services. Microsoft also invited CHL to become a full member in the wireless sector for its partnership support program. The alliance will likely lead to other important opportunities with Microsoft.
In-Stat/MDR forecasts 118 million 3G wireless subscribers in China by 2008. EMC reports that the Chinese wireless market is already larger than the entire U.S. cell phone market and that its subscriber base will grow by 112% to over 547 million by '09.