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TalkingStocks.com Issues a Profile Report on DirectView, Inc.
April 05, 2005 06:01:20 (ET)
DALLAS, Apr 5, 2005 (PRIMEZONE via COMTEX) -- TalkingStocks.com has issued a Profile Report on DirectView, Inc. (DRVW, Trade). The report, authored by TalkingStocks.com Investment Analyst Shailesh Dhuri, CFA, discusses the company and the market. There is also discussion of the recent increases in oil prices. Specifically discussed is how oil prices may prove to be a strong growth driver for the videoconferencing industry. Mr. Dhuri suggests, "Wall Street analysts recently predicted that crude oil may go as high $100, from current levels of $57-58. If these startling predictions come true, the cost of travel by any mode will be affected, forcing more companies to adopt videoconferencing as an alternative to travel."
Mr. Dhuri reached the following conclusions in his report, "DirectView has a broad clientele base ranging from the New York Police Department to AT&T and Coca Cola. Under its leading technology practices, the company has announced its intention to develop a wireless videoconferencing solution. With the rising costs of fuel and the risks associated with travel following 9/11, companies operating in the space of Videoconferencing hold a bright future."
To view the full report, please visit:
http://www.talkingstocks.com/reports/DRVW_040505.php
Registration is free.
الثاني : ( النتائج المالية من النوع اللي يطير البني )
DirectView Sales Increase 69%, Losses Down 84% as Company Reports Results for 2004
April 05, 2005 10:35:02 (ET)
BOCA RATON, Fla., Apr 05, 2005 (BUSINESS WIRE) -- DirectView, Inc. (DRVW, Trade), the leader in full-service, high-quality, cost efficient videoconferencing technologies and services, has announced their results for 2004. Net sales for fiscal 2004 were $733,435 as compared to net sales of $433,852 for fiscal 2003, an increase of $299,583 or approximately 69%. This increase reflects our increased marketing efforts and broadening of our customer base. Cost of sales for fiscal 2004 was $341,146, resulting in a gross margin of $392,289 or approximately 53%, as compared to cost of sales for fiscal 2003 of $129,388, resulting in a gross margin of $304,464 or approximately 70%. This decrease was primarily attributable to a general increase of costs in product acquisition and the sale of products with lower gross profit margins. Operating expenses for fiscal 2004 were $1,041,036, a decrease of $5,455,773, or approximately 84%, from operating expenses in fiscal 2003 of $6,496,809. The full report is available online at sec.gov
Jeffrey Robbins, President of DirectView, said: "We are very happy to report the results for 2004. As you see we are moving rapidly in the right direction. Quite simply, sales are up and losses are down. We have made strategic additions to the staff which have proven to be beneficial. In addition, you will see new marketing and a new web site in the coming days. We have a very strong outlook for the upcoming year."
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