Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
WESTON, FL -- (MARKET WIRE) -- 12/01/06 -- Wall Street News Alert's "stocks to watch" this
morning are: Latitude Industries Inc. (PINKSHEETS: LTDN), General Motors
Corp. (NYSE: GM), Symantec Corp. (NASDAQ: SYMC) and DURECT Corporation
(NASDAQ: DRRX).
Wall Street News Alert is continuing its coverage of Latitude Industries
Inc. (PINKSHEETS: LTDN) as it continues build momentum. The company, a
manufacturer of Sports Fisherman and Center Console boats in Florida,
issued a new press release yesterday after the markets closed, announcing
the beginning of its first 26.5 Center Console Open Fisherman vessel.
It looks like more good news for the company. According to the press
release, the 18 ft to 33 ft category of Center Consoles makes up roughly
68% of all boats sold in the U.S., and it is an estimated 2 billion dollars
a year market in the U.S. only.
Wall Street News Alert is continuing to place Aggressive Investors on alert
to monitor the progress of Latitude Industries! Latitude and its principals
are extremely excited about the launch of our 26.5 Center Console. This
vessel puts the company in a unique situation where the company will
compete in the largest sector of boating.
On Thursday, Latitude reported the approval of Bombardier Recreational
Product as an exclusive OEM outboard engines distributor. This means that
Bombardier has approved Latitude Industries as an OEM power buyer for its
outboard engines.
According that press release, Latitude Industries has placed an order for
model year 2006-2007 to Bombardier for 40 Outboard engines 200 HP or larger
-- that is more than 9000 combined horsepower all together, putting us at
the highest level of discount and cash incentives.
Tuesday the company issued a press release announcing bids for yet another
Homeland Security contract. This time the invitation is from the Island of
Saint Lucia to build two Patrol Boats for their Homeland Security. Latitude
already had a contract from Midnight Express Boats to build more than 40
Patrol Boats for U.S. Homeland Security.
Continue to watch this company as its products show growth in the Homeland
Security sector. Latitude Powerboats has been in business since 1998;
manufacturing Offshore boats from 26 to 51 feet for big names like Midnight
Express, Apache Powerboats, Newtech Marine, and Cigarette Powerboats.
Prior to the news hitting the wires, the stock closed yesterday at Thirty
cents a share.
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alerts for this morning, visit www.WallStreetNewsAlert.com, where you may
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being issued.
Through the unique fusion of technology and craftsmanship, the company will
utilize the most advanced composite materials and epoxies in the market to
distance itself from the ordinary lamination that the rest of the industry
uses.
The company's strength lies in the fifty (50) plus years of hands-on
experience that the principals and the skillful craftsmen that run its
plant bring. Together with the close ties that the company has developed
through the years with direct lenders like Gulf Capital, floor plan
financiers like GE Capital, and Government contracts with over forty (40)
boats built for Homeland Security to patrol our national and international
interest, the company proudly states that it is ready to excel and conquer
this present and future market.
General Motors Corp. (NYSE: GM) down 0.9% on 87.3 million shares traded.
General Motors Corp. is the world's largest automaker and has been the
global industry sales leader for 75 years.
Symantec Corp. (NASDAQ: SYMC) up 0.3% on 11.3 million shares traded.
Symantec is one of the leaders in providing solutions to help individuals
and enterprises assure the security, availability, and integrity of their
information.
DURECT Corporation (NASDAQ: DRRX) up 23.1% on 8.9 million shares traded.
DURECT Corporation is an emerging specialty pharmaceutical company focused
on the development of pharmaceutical systems based on its proprietary drug
delivery platform technologies focused on treating chronic and episodic
diseases and conditions.
Market Commentary:
"Oil continued to inch its way upward, up 49 cents or $62.95 a barrel, as a
cold weather front hits the northern states. Gold jumped by $10.90 or
$652.70 an ounce on news of a weaker dollar," stated Sonja Rudd in Wall
Street News Alert's daily commentary continued at:
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