CORRECTING and REPLACING Optical Systems Inc. Rated ‘Speculative Buy,’ Target Price $0.50 by Beacon Equity Research
2008-07-14 12:42:00
DALLAS–(EMWNews)–Headline of release should read: Optical Systems Inc. Rated ‘Speculative
Buy,’ Target Price $0.50 by Beacon Equity Research (sted Optical Systems
Inc. Rated ‘Speculative Buy,’ Target Price $0.16 by Beacon Equity
Research) and first graph, first sentence should read: Optical Systems
Inc. (Pink Sheets: OPSY) has been rated Speculative Buy with a price
target of $0.50 by Beacon Equity Research Analyst, Lisa Springer, CFA.
(sted Optical Systems Inc. (Pink Sheets: OPSY) has been rated
Speculative Buy with a price target of $0.16 by Beacon Equity Research
Analyst, Lisa Springer, CFA.)
The corrected release reads:
OPTICAL SYSTEMS INC. RATED ‘SPECULATIVE BUY,’ TARGET PRICE $0.50 BY
BEACON EQUITY RESEARCH
Optical Systems Inc. (Pink Sheets: OPSY) has been rated Speculative Buy
with a price target of $0.50 by Beacon Equity Research Analyst, Lisa
Springer, CFA.
The full report is available at http://www.BeaconEquity.com/reportsonline/OPSY.
Anyone interested in receiving alerts regarding OPSY research should
e-mail [email protected]
with “OPSY” in the subject line.
In the report, the analyst writes, “With development work on its
software product essential completed, OPSY is switching its focus to
revenue generation. The Company is already off to a strong start in
2008, recording first-quarter sales of $134,680 and a modest
first-quarter net profit. Management is targeting 50%
quarter-over-quarter sales growth for the next several quarters. We
expect OPSY to generate 2008 revenues in a $0.7 million to $0.9 million
range …”
Other companies in the software industry include Dealer Track Holdings
Inc. (Nasdaq: TRAK), Automatic Data Processing Inc. (NYSE:ADP), Adobe
Systems Inc. (Nasdaq: ADBE) and Microsoft Corp. (Nasdaq: MSFT).
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of OPSY.
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 and its affiliates have been
compensated a total of seven thousand five hundred dollars from Emerging
Markets LLC for enrollment of OPSY in its research program and other
services. 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.
BeaconEquity.com Systems Inc. |
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