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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Get a Glimpse at the Next Google

Contrarian Profits (June 4th, 2009) Writes:

On May 15, 2009, the Internet changed forever. Did you miss it?

The widespread acceptance of the Internet has lead to a monumental shift in the way we do almost everything. Communication now happens instantly across thousands of miles, e-commerce has generated billions of dollars for companies like Amazon.com (NASDAQ:AMZN) and eBay (NASDAQ:EBAY), and, with the advent of search technologies like Google (NASDAQ:GOOG), the planet’s information is at our fingertips.

But in spite of these advances, something was missing…

After all, why should you have to scour pages and pages of Google results to find out which country is the world’s 5th smallest exporter? How is it that that sort of factual information isn’t readily available? In the past, search technologies had a big limitation – they required you to ask a question that’s already been asked and answered. But on May 15, with the public release of Wolfram Alpha,

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Avatech Solutions, Inc. (AVSO.OB) Announces Flat Revenues for the Fiscal Fourth Quarter of 2008

QualityStocks (September 30th, 2008) Writes:

Avatech Solutions, Inc. (AVSO.OB), the nationwide technology experts for design, engineering, and facilities management, recently announced its financial results for the fiscal fourth quarter and year ended June 30, 2008. The company’s stock declined earlier this week on the announcement of flat revenues for the fourth fiscal quarter of 2008.

Quarterly revenues totaled $11.5 million, compared to $11.5 million in the prior-year quarter. For the fourth quarter of fiscal 2008, net income reached $742,000, or $0.03 per fully diluted share, compared to a net loss of $(874,000), or $(0.07) per fully diluted share, in the same period one year earlier. Adjusted EBITDA increased to $808,000 in the fourth quarter of fiscal 2008, from negative adjusted EBITDA of $(626,000) in the prior period.

During a recent conference call, Lawrence Rychlak, the chief financial officer of Avatech Solutions, stated, “The lack of growth in revenues for the year can be attributed to the

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Best Buy Co. Inc. (BBY) and Napster Inc. (NAPS) Coming to One Store Near You in $121M Deal

QualityStocks (September 15th, 2008) Writes:

Maybe you’re thinking Best Buy Co. Inc. (NYSE: BBY) and Napster Inc. (Nasdaq: NAPS) were dominating giants in their respective industries. Now the two companies have announced they will merge into a mega-media company through a definitive agreement worth approximately $121 million. Best Buy will offer all outstanding Napster shares for $2.65 per share in cash.

Napster recently launched one of the world’s largest MP3 stores and posted fiscal 2008 revenue of $127.5 million, up 15 percent from the year prior; a loss of $16.5 million, as compared to a loss of $36.8 million the prior fiscal year; and positive cash flow for the fiscal year ended March 31, 2008.

Unanimously approved by Napster’s board of directors, the acquisition will include around 700,000 of Napster’s digital entertainment subscribers, its Web-based customer service platform, and its mobile capabilities.

“This transaction offers Best Buy a recognized platform for enhancing our capabilities in the

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