Yak Communications (NASDAQ:YAKC)
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OTC Growth Stock Watch Upgrades YAK Communications Recommendation
to 'Aggressive Buy'
-- Target Price $16.00 Per Share in Twelve Months --
NEEDHAM, Mass., Sept. 29 /PRNewswire/ -- OTC Research Corporation, publisher
of independent investment advisory newsletter, OTC Growth Stock Watch,
announced today that it has upgraded its recommendation to an 'Aggressive Buy'
on YAK Communications, Inc. (NASDAQ:YAKC).
The 'Aggressive Buy' recommendation issued on YAK Communications is based on
yesterday's news and includes a profile of the Company's comprehensive business
strategies, unique concept, recent developments and impressive growth to-date.
Visit http://www.otcgsw.com/ or call 781-444-6100 for detailed subscription
information or for a copy of the updated report.
Geoffrey Eiten, president of OTC Research Corp. and publisher of OTC Growth
Stock Watch, said, "At under $8 per share, YAK Communications is extremely
undervalued. Since our previous buy recommendation, we have seen a number of
positive developments from the Company that support its long term growth
prospects and an aggressive buy- with sales increasing as expected while
development costs are absorbed. At current growth levels, our target price in
the next twelve months is $16.00 per share, which could substantially increase
if the Company's sales and earnings exceed our expectations."
About OTC Growth Stock Watch
OTC Growth Stock Watch (OTC-GSW) is a subscriber-based newsletter that accepts
no outside advertising and is not compensated for its recommendations.
Published since 1979, OTC-GSW is a registered investment advisor with the
Securities and Exchange Commission and has earned its place as one of the most
respected and referred-to guides to discovering high-performance NASDAQ(R)
Stocks. OTC-GSW is regularly referenced by Barrons, Fortune, the Dick Davis
Digest, and CNBC's Market Mavens and other leading financial news sources.
Publisher Geoffrey Eiten's commentary on the latest developments in the various
financial markets appears each month in the newsletter. Each issue of OTC
Growth Stock Watch also features one in-depth company report printed in a
straightforward, easy-to-read format. Each issues is also packed with the
latest information on previously recommended stocks along with detailed, and
specific advice to buy, sell or hold each given stock monthly.
Geoffrey Eiten is a former stockbroker who holds a B.S. degree in Business
Administration, with a major in Finance and Investments from Babson College and
has been publishing OTC Growth Stock Watch, a subscriber-based investment
advisory newsletter, for 25 years.
Geared toward aggressive, growth-oriented investors, OTC Growth Stock Watch
reports on companies with a market capitalization under $100 million dollars,
which meet a set of Publisher and Registered Investment Advisor Geoffrey
Eiten's rigid performance criteria: minimum 2-to-1 current ratio, minimal or no
long-term debt, niche-oriented products and services, and an annual growth rate
of over 20%.
Since very few public corporations meet OTC Growth Stock Watch's rigid
performance criteria, the GSW staff investigates hundreds of companies each
month. After thorough research and analysis, OTC Growth Stock Watch is edited,
printed, and mailed first-class, emailed or faxed to paid subscribers every
month, guaranteeing current information for use right away.
Visit http://www.otcgsw.com/ for further information and for detailed
subscription information.
Contact: Geoffrey Eiten, Publisher, 781-444-6100 x613 or .
Disclaimer: OTC Growth Stock Watch, published by OTC Research Corp., endeavors
to supply its subscribers with sound opinions and advice based on its analysis
of publicly available information from sources believed to be reliable, but
makes no representation as to its accuracy or completeness. Opinions and advice
of OTC Growth Stock Watch are not based upon individual needs or investment
objectives of subscribers nor are they an offer to buy or sell securities.
Since many company issues featured may carry above average risk, OTC Growth
Stock Watch recommendations should be bought only by investors financially able
to purchase speculative stocks. OTC Growth Stock Watch, its affiliates and
subsidiaries and/or their officers and employees may from time to time acquire,
hold or sell a position in the securities mentioned in its newsletters. Upon
request, the Company will be pleased to furnish specific information in this
regard. Additional information on any securities discussed is available upon
request.
DATASOURCE: OTC Research Corporation
CONTACT: Geoffrey Eiten, Publisher of OTC Research Corporation,
+1-781-444-6100 ext. 613,