Research Report Update by Emerging Growth Research on Showcase Technology Stock, Geeks On Call Holdings (OTCBB: GOCH), Raising S
July 24 2008 - 10:23AM
Marketwired
POINT ROBERTS, WA and DELTA, BC , following up on the July 9th
report issued by Emerging Growth Research. Geeks On Call, a premier
national provider of on-site computer service and solutions to
small business and residential markets, also announced news on
"Geeks On Call� Launches CallTheGeeks.com" and also filed an 8K on
a new pilot program.
Emerging Growth Research Report Update Hi-lites:
Geeks On Call today announced it will begin offering outsourced
IT services out of Sam's Club locations. The services, which we
believe are modeled after Best Buy's highly successful Geek Squad
business, will initially target 20 Sam's Club locations. In our
opinion, this is a company making event, on which investors should
capitalize by purchasing these shares. As a result of gaining this
contract, we are raising our six-month price target from $2.00 to
$3.00.
We view this trial as only the beginning of a much more
extensive rollout of services, which we believe could eventually
encompass all Sam's Club locations.
As computer and consumer electronic technologies become
increasingly complex, businesses and consumers are increasingly
turning to outsourced IT services. This market is growing rapidly
and currently valued in excessive of $8 billion for the US alone.
It is estimated the market is underserved by an additional $11
billion due to a limited selection of reliable vendors. We believe
GOCH is well prepared to target this $19 billion market
opportunity.
Research Report Link:
http://www.investorideas.com/CO/GOCH/pdf/GOCHReport.pdf
*Investors are reminded to read all disclaimers and disclosures
related to report.
8K SEC filing:
http://ca.us.biz.yahoo.com/e/080723/goch.ob8-k.html
News: Geeks On Call� Launches CallTheGeeks.com(TM)
Analyst:
Joseph Noel is a 29-year veteran of the telecommunications and
investment industries. Joe was recently a senior analyst at Pacific
Growth Equities, LLC, where he tracked the communications
equipment/services and advanced industrial sectors. Prior to
Pacific Growth, he covered both the telecommunications equipment
and services industries at Hambrecht & Quist and was employed
by Gartner/Dataquest as a communications industry analyst.
About Geeks On Call Holdings, Inc. (OTCBB: GOCH):
Geeks On Call is a wholly owned subsidiary of Geeks On Call
Holdings, Inc. (OTCBB: GOCH). Founded in 1999, the Company is a
pioneer in the mobile, rapid-response on-site IT service concept.
Geeks On Call's certified IT professionals service small businesses
and residential customers across the nation, providing computer
privacy and security solutions, hardware and network installations
and troubleshooting, as well as repairs, upgrades and consulting.
Geeks On Call also co-markets through endorsed vendor relationships
with other franchisors, who offer GOC services to their franchisees
as a value-added benefit. Over 250 independently owned and operated
franchises have been granted, with new franchise and Corporate
locations opening regularly.
More Info: Visit the Company Showcase on InvestorIdeas.com
at:
http://www.techsectorstocks.com/CO/GOCH/Default.asp
Media Presentation:
http://www.investorideas.com/CO/GOCH/ss/default.asp
Or the Company Website at: http://www.geeksoncall.com/
About Us:
TechSectorStocks.com, an investor and industry news portal
within the InvestorIdeas.com� content umbrella, does not make
recommendations, but offers free investor content including
research, news, articles, links, Podcasts and a stock directory for
the Tech sector.
InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry
research resource portal specialized in sector investing covering
over thirty industry sectors and global markets including China,
India, the Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer
information portals to research news, articles, stock lists and
recent research. Nothing on our sites should be construed as an
offer or solicitation to buy or sell products or securities. We
attempt to research thoroughly, but we offer no guarantees as to
the accuracy of information presented. All Information relating to
featured companies is sourced from public documents and/ or the
company and is not the opinion of our web sites. InvestorIdeas.com
is compensated by featured companies, news submissions and online
advertising. Disclosure: Geeks On Call Holdings, Inc. compensates
InvestorIdeas.com $5000 per month and 50,000 144 shares pro-rata
over 12 months.
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For Additional Information: Dawn Van Zant: 800-665-0411 Email
Contact Emerging Growth Research Joseph Noel Email Contact San
Francisco, California 925-922-2560
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