Today, Pacific WebWorks, Inc. announced that it expects revenues of at least $28.5MM in 2009, representing an increase of 210% over the $9.2MM revenue in 2008. The estimation is consistent with an October 10th analyst report.

The market for application software, Pacific WebWork’s primary focus, is expected to grow at a healthy rate during the next five years. The small-to-medium-sized segment of this market is anticipated to grow at a higher pace driven by low penetration of these services and growing demand.

Ken Bell, Pacific WebWorks CEO, stated, “We expect substantially improved before tax net profit margins in the third quarter. Historically the company has maintained net profit margins in the 4-6% range. The company believes that it should be able to approach and maintain near double digit net margins going forward. Third quarter numbers should initiate this trend. We will release quarterly results in mid-November, and we plan to host

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UDR Inc. (UDR), a leading multifamily real estate investment trust (REIT), recently augmented its apartment search application for Apple Inc.’s (AAPL) iPhone and iPod users, enabling consumers who are more reliant on smartphones than landlines or personal computers to find apartments in a more convenient way.   The upgraded technology utilizes smartphone’s built-in spatial awareness components such as GPS, accelerometer, and compass to create digitally enhanced pictures of apartments. Furthermore, the new application software enables users to point their smartphones in any direction to locate and view available apartments under the search parameters within a radius of 10 mile, by utilizing Layar – an augmented reality browser.   The demographic and technographic data for the mobile market strategically fits into UDR’s up-market customer segmentation. Users can search apartments on all possible parameters such as location, price, and number of bedrooms and bathrooms, which are updated daily. To ...

Oracle Corporation (ORCL) announced first quarter of FY2010 earnings per share of 29 cents, matching the Zacks Consensus Estimate. First quarter total revenues were down 5% year over year at $5.1 billion. New software license revenues were down 17% to $1.0 billion. Technology new license revenues were $711 million, down 19% in constant currency and down 22% in U.S. dollars. The Americas declined 11%, EMEA was down 26% and Asia declined 22%. Applications for new license revenues were $317 million, unchanged from last year on a constant currency basis, and down 4% in U.S. dollars. The Americas grew by 6%, EMEA was up 3% and Asia declined 23%. Software license updates and product support revenues were up 6% at $3.1 billion. These revenues are annual fees customers pay to receive updated versions and enhancements of their existing products. Services revenues were $909 million, down 18% in ...

In a recent press release, International Business Machines Corporation (IBM), disclosed that it has acquired Ounce Labs, Inc., a privately-held company based in Waltham, Massachusetts. Software produced by Ounce Labs finds security flaws and resolves compliance issues faced by companies. It is a leading application security company and equips the customers with tools that enable them to reduce their threat exposure and avert data breach disasters.   From now on, Ounce Labs software will be offered in combination to IBM Rational AppScan family of Web application security and compliance testing solutions. This new product will offer companies a reasonable solution, which will help them to correct security vulnerabilities in applications before they go live.

We believe that IT systems are extremely vulnerable to security and compliance threats. Consequently, companies will be eager to find a cost effective solution, which can protect their application software from being invaded by outsiders.  

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AAPL, Apple Inc.

SBUX, Starbucks Corp.

EXOU, Exousia Advanced Materials Inc, EXOU.OB

DrStockPick Watch List!

 

DrStockPick Watch List! for Wednesday July 22, 2009

 

My Picks for Wednesday July 22, 2009 are:

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AAPL, Apple Inc.

AAPL and its wholly owned subsidiaries design, manufacture, and market personal computers, portable digital music players, and mobile communication devices, and sell various related software, services, peripherals, and networking solutions.

AAPL sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers, and value-added resellers. In addition, it sells various third-party Macintosh, iPod, and iPhone compatible products, including application software, printers, storage devices, speakers, headphones, and

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AAPL, Apple Inc.

SBUX, Starbucks Corp.

EXOU, Exousia Advanced Materials Inc, EXOU.OB

PennyOmega.com Watch List!

PennyOmega.com Watch List ! for Wednesday July 22, 2009

Our Picks at PennyOmega.com for Wednesday July 22, 2009 are:

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AAPL, Apple Inc.

AAPL and its wholly owned subsidiaries design, manufacture, and market personal computers, portable digital music players, and mobile communication devices, and sell various related software, services, peripherals, and networking solutions.

AAPL sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers, and value-added resellers. In addition, it sells various third-party Macintosh, iPod, and iPhone compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and

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