Amaru, Inc. Rated 'Outperform,' Target $4.25 by Beacon Equity Research.DALLAS -- Amaru, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : AMRU) has been rated "Outperform" with a target price of $4.25 by Beacon Equity Senior Research Analyst, Shailesh Dhuri, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. . The full report is available at http://www.beaconequityresearch.com In the report, Mr. Dhuri writes, "Amaru is a global provider of interactive entertainment-on-demand, education-on-demand and e-commerce streaming over broadband channels, Internet portals and 3G devices. Currently, the company operates more than 100 channels that cater to a wide variety of consumer segments and lifestyles of both the local and international audience. "Amaru faces tough competition in its e-travel business, competing with both the online and offline travel-based services from Travelocity, Expedia (Nasdaq: EXPE) and Priceline (Nasdaq: PCLN PCLN Priceline.com (stock abbreviation, AMEX) ). The company believes that the travel industry provides huge scope for integration of the travel players at various levels. "The emergence of the multi billion-dollar video-on-demand market has seen companies like AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. (NYSE NYSE See: New York Stock Exchange : AOL), MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. , Apple Computers (Nasdaq: AAPL AAPL Apple Computer, Inc. (stock symbol) AAPL American Association of Professional Landmen AAPL American Academy of Psychiatry and the Law AAPL Advance Audiovisual Presentation Limited AAPL Advocates for Arkansas Public Libraries ), Starz Entertainment Starz Entertainment, LLC is a wholly owned television programming subsidiary of Liberty Media Corp. It is part of the holding company Starz, LLC. The company is headquarted at Meridian, Colorado, though the postal designation of nearby Englewood is commonly listed as the , and others entering into this domain. So far, however, Amaru has been successful in delivering a good product in terms of price and quality of services." Beacon Equity Research Disclosure The analysts contributing to this report do not hold any shares of Amaru, Inc. (AMRU). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated $19,500 by Amaru for an enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. Anyone interested in receiving alerts regarding Amaru, Inc. research should email members@beaconequityresearch.com with "AMRU" in the subject line. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion