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[mv] February 5th Stock Pick
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(OTC BB: SVRI) Recent Price: $0.18 with a 52 week high of $1.375
Introduction
Founded in 1979, Silicon Valley Research, Inc. ("SVR") develops and markets advanced
Electronic Design Automation ("EDA") software used
by integrated circuit ("IC") vendors, integrated circuit manufacturers, large electronic
systems manufacturers and major aerospace, automotive
and consumer electronics companies to create the physical design of their ICs. In addition,
SVR's Design Services Division, Quality IC
Corporation, provides the IC design industry a comprehensive set of design project support
services. For the six months ended September
2000, revenues rose 45% to $1 million.
Outlook Summary
On November 13, 2000 the Company announced a vendor agreement with e*ECAD in
which it will offer selected tools through e*ECAD's Web
service on a pay-per-use basis. The new pricing structure will enable the Company to offer
flexible pricing solutions to worldwide customers. The
new distribution and pricing model offered by e*ECAD allows customers to download, install
and run the tools they need and only be charged
for the actual usage time.
"We have listened to our customers and the market place and the message was
overwhelmingly consistent - customers want to pay for tools
when they use them and pay for support when they need it," said James Benouis, SVR's
President and CEO. "No maintenance or upfront
licensing fees. Simple, pay-per-use licensing over the Internet is the future and we are
committing whole-heartedly to this new model."
SVR's two most widely used legacy products, GARDS and SC, are currently available to
download from the e*ECAD website on a pay-per-use
basis. The Company announced on January 16, 2001 that it plans to release more products
on e*ECAD in the near future.
During the Company's recent annual shareholder meeting on December 19, 2000, Mr.
Benouis stated "The transition to the new Internet
licensing model is going well...Not only are new customers embracing e*ECAD, but we are
also selling upgrades, new licenses and consulting
services as a result of going on-line." During his presentation, Mr. Benouis re-emphasized to
the investors that the Company's current focus is
increasing its customer base. At the meeting, he projected that the Company would have
50 new customers by the Design Automation
Conference ("DAC") in June 2001.
In addition, Lisa Evans, Investor Relations contact, reviewed the Company's stock
performance since the 1999 Annual Meeting (September
13). The Company's stock price on December 15, 2000 was 57% higher than the stock
price on the 1999 Annual Meeting date. The Average
Weekly Volume for the year increased 874% from 218,804 for the prior year to 2,134,938.
The number of shareholders also increased from
approximately 3,200 in 1999 to over 5,500 currently.
The Company has recently signed the San Diego-based Charterbridge Financial Group, Inc.
("Charterbridge") to provide the Company with
investor relations and financial consulting services.
James Benouis, the Company's President and CEO, stated, "We look forward to an
excellent working relationship with Charterbridge Financial.
Their effort will assist us in increasing valuable support in the market while we concentrate
on our core competencies, ultimately building
shareholder value."
For further information:
Kerry Head, Consultant
Action Stocks, Inc.
http://www.actionstocks.com
1-800-859-1625
To unsubscribe, click here: http://209.126.151.36
OR call 1-800-859-1625
This announcement does not constitute an offer to sell or the solicitation of an offer to buy
any convertible preferred stock described herein, nor
shall there be any sale of these securities in any state in which such offer, solicitation or
sale would be unlawful prior to the registration or
qualification of such securities under the securities laws of any such state.
>From time to time, the Company may issue news releases that contain "forward-looking
statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the safe harbor created by those sections.
This material may contain statements about expected future events and/or financial results
that are forward looking in nature and subject to
risks and uncertainties. For those statements, the Company claims the protection of the safe
harbor for forward-looking statement provisions
contained in the Private Securities Litigation Reform Act of 1995 and any amendments
thereto. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives,
goals, assumptions, or future events or performance
are not statements of historical fact and may be "forward-looking statements." "Forward-
looking statements" are based upon expectations,
estimates and projections at the time the statements are made that involve a number of
risks and uncertainties that could cause actual results
or events to differ materially from those anticipated.
"Forward-looking statements" in this action may be identified through the use of words such
as "projects," "expects," "will," "anticipates,"
"estimates," "believes" or by statements indicating certain actions "may," "could" or
"might" occur. Discussions of factors that may affect
future results are contained in the Company's recent filings.
Action Stocks, Inc. has received 187,000 restricted (144) shares for services over a one
year period.
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