TheSUBWAY.com Announces Investment Opinion on Merilus, Inc., Online Gaming Systems, Ltd., Medical Action Industries Inc., Terayon Communication Systems, Inc. and iXL.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by TheSUBWAY.com WESTON, Fla.--(BUSINESS WIRE)--June 8, 2001 TheSUBWAY.com is pleased to announce the following Investment Opinions on: Merilus, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MERH), Online Gaming See gaming. Systems, Ltd. (OTCBB:OGAM og·am n. Variant of ogham. ogham, ogam 1. an alphabetical script originally used for inscriptions in the Irish language from the 5th to the 10th centuries. 2. ), Medical Action Industries Inc., (Nasdaq:MDCI MDCI Medical Device Consultants, Inc. MDCI multidiscipline counterintelligence (US DoD) ), Terayon Communication Systems, Inc. (Nasdaq:TERN tern, common name for a sea bird of the Old and New Worlds, smaller than the related gull. Because of their graceful flight and their long pointed wings and forked tails, some terns are called sea swallows. They plunge headlong into the water to catch small fish. ), iXL Enterprises Inc. (Nasdaq:IIXL). Merilus, Inc. (OTCBB:MERH) Previous Close Down 13% to 1.11 on volume 12,400 Shares: ACCUMULATE Merilus, Inc. (OTCBB:MERH) just announced that they have joined the Compaq Solutions Alliance. MERH's partnership in the Compaq Solutions Alliance is a great opportunity that will give our company access to Compaq's considerable technical and marketing support. MERH is new to TheSUBWAY.com, and CRG CRG Centre for Research on Globalisation CRG Council for Responsible Genetics CRG Contingency Response Group CRG Citizens for Responsible Government CRG Corporate Renaissance Group CRG Columbia River Gorge CRG Consulting Resource Group CRG Columbia Resource Group is expecting great things from the company. CRG feels that MERH can be trading over the $3.00 mark in the short term. MERH also just announced that the much anticipated Merilus FireCard and FireCard Plus products have begun shipping. "The awareness that has built up since FireCard was first announced has been impressive and we are very excited to begin supplying our product to meet that need," said Merilus Vice President of Sales and Marketing, Steve Hemenway. The market for SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. (Small, Medium and Enterprise) security products worldwide is now measured in the billions of dollars. The new Merilus FireCard and FireCard Plus products are targeted directly at fulfilling this demand. Online Gaming Systems, Ltd. (OTCBB:OGAM) Previous Close: Up 27% to $0.095 on vol. 1,659,400 Shares: ATTRACTIVE Online Gaming Systems, Ltd. (OTCBB:OGAM) announced that it has a 22.5 percent interest in a joint venture formed with Station Casinos, Inc. (NYSE NYSE See: New York Stock Exchange :STN (SuperTwisted Nematic) A passive matrix LCD technology that provides better contrast than twisted nematic (TN) by twisting the molecules from 180 to 270 degrees. See DSTN. ) to develop the technology for the remote play 'eSlot' product which is licensed to GameCast Live, a Station Casinos subsidiary. Online Gaming Systems also recently announced that it has executed a broad licensing and distribution agreement for the Asia-Pacific Region. The agreement is with Australian On-Line Casino Ltd. (AOC AOC, n an acronym for the Aromatherapy Organizations Council. ) and Casino Australia On-Line Pty Ltd. (CAO), its subsidiary for the licensing and distribution of our products. AOC holds an online casino and bookmaking bookmaking Gambling practice of determining odds and receiving and paying off bets on the outcome of sporting events and other competitions. Horse racing is perhaps most closely associated with bookmaking, but boxing, baseball, football, basketball, and other sports have license from the Australian Territory of Norfolk Island. There are only five online casinos operating with licenses issued in Australia. AOC is seeking to establish itself as a global marketer and supplier of Internet gaming services. Online Gaming Systems, Ltd. develops and markets Internet and private network transaction based products that it only offers to licensed gaming operators in regulated jurisdictions. The Company also offers wireless and portable gaming devices through Excel Design, Inc. Medical Action Industries Inc. (Nasdaq:MDCI) Previous Close: Up 15% to $8.95 on vol. 892,200 Shares: ACCUMULATE Medical Action Industries Inc. (Nasdaq:MDCI), a leading supplier of medical and surgical disposable products, reported record revenue and earnings for the fiscal year ended March 31, 2001. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight for the twelve months ended March 31, 2001 increased to a record $75,441,000 as compared to $70,952,000 for the twelve months ended March 31, 2000. Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. reached a record $8,324,000 for the year, while net income for the period rose 36% to a record $4,408,000, or $.48 per basic share ($.46 per diluted share), compared with $3,238,000 or $.36 per basic share ($.35 per diluted share), reported for the same period last year. Net sales for the fiscal 2001 fourth quarter increased to $19,017,000 from the $16,708,000 in net sales reported for the three months ended March 31, 2000. Net income for the fiscal 2001 fourth quarter increased to a record $1,252,000, or $.14 per basic share ($.13 per diluted share), from the $882,000, or $.10 per basic ($.09 per diluted share), reported for the same period in 2000. This represents the eleventh consecutive record quarter of net income. 'Our record operating results reflect the successful integration of the small kit and tray product line acquired in March 1999, strong growth from our line of collection systems and biohazardous bags, and further penetration for the Company's core products,' said Paul D. Meringolo, Chief Executive Officer and President of Medical Action Industries Inc. Terayon Communication Systems, Inc. (Nasdaq:TERN) Previous Close: Up 5% to $6.16 on vol. 944,500 Shares: ATTRACTIVE Terayon Communication Systems, Inc. (Nasdaq:TERN) and Artel Artel (Russian: арте́ль) is a general term for various cooperative associations in Russia, historical and modern. Video Systems have teamed up to demonstrate the delivery of broadcast-quality video programming over Digital Subscriber Lines (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) here at the SuperComm 2001 tradeshow, illustrating how telecommunication carriers can now offer television services. In addition to using this complete digital video-over-DSL solution from Terayon and Artel to deliver television services, telecommunication carriers can utilize the system's advanced capabilities to support other digital video services. In particular, carriers can seamlessly insert digital advertisements into their digital programming. Carrying commercials for local advertisers can be an excellent source of additional revenue for carriers. The Telecom Carrier Solutions business unit of Terayon Communication Systems recently announced the commercial rollout of its MMAP mmap - The Unix system call which establishes a mapping between a range of addresses in a user process's address space and a portion of some "memory object" (typically a file, one of the special "devices" /dev/mem or /dev/kmem or some memory-mapped peripheral). (Multi-function, Multi-service Access Platform) initiative for CLECs, independent carriers, IXCs and ILECs. Terayon Communication Systems provides innovative broadband systems and solutions for the delivery of advanced, carrier-class voice, data and video services that are deployed by the world's leading cable television operators and telecommunications carriers. iXL (Nasdaq:IIXL) Previous Close: Up 10% to $1.56 on vol. 774,400 Shares: ACCUMULATE iXL Enterprises Inc. (Nasdaq:IIXL) announced the opening of the iXL and Intel Solution Center, a state-of-the-art facility offering engineering expertise and equipment to develop, test and deploy strategic e-business solutions built on Intel technology. The Center, located at iXL's Atlanta headquarters, provides an optimal environment for clients to safely test, tune and prove e-Business solutions with minimal impact on their day-to-day operations. 'Intel is excited to team with iXL in order to bring businesses scaleable, tested e-Business solutions,' said Rick Echevarria, Director, Intel Solution Services. 'The new Solution Center gives clients a proving ground to safely test, tune and optimize their applications. With resources, support and access to iXL and Intel's capabilities and technologies, we hope to accelerate the implementation of robust, reliable solutions.' iXL is an industry-focused global consulting and services company. iXL solves fundamental business issues by digitizing and integrating our clients' sales, customer service, training, production and distribution processes to facilitate interactions with all customers, employees and suppliers across all channels. iXL has done this successfully for some of the world's leading companies, including AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group , BellSouth, British Airways, Budget Rent a Car, Chase, Citicorp, The Coca-Cola Company, and Delta Air Lines. "The broader market saw most of its components mired mire n. 1. An area of wet, soggy, muddy ground; a bog. 2. Deep slimy soil or mud. 3. A disadvantageous or difficult condition or situation: the mire of poverty. v. in red, led by the financial, oil service, natural gas, gold, biotechnology and utility arenas. Volume was moderate, with 1.06 billion shares changing hands on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , and 1.75 billion shares traded on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . Breadth turned negative, with declining issues outnumbering advancers by 19 to 12 on the NYSE, and by 22 to 16 on the Nasdaq." stated Peter Antipatis. More is available at http://www.TheSUBWAY.com. About TheSubway.com TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known. About Capital Research Group Inc. Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most / Investor relations Investor relations The process by which the corporation communicates with its investors. firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at http://www.thesubway.com. All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (20,000 MERH) CRG intends to sell its shares. CRG has sold approximately 0 MERH shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. |
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