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11-20-09 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stuart Smith (November 20th, 2009) Writes:
Stocks are lower as the dollar rises and Wall Street digests a week of mixed economic reports

Overseas markets declined. European Central Bank President Jean-Claude Trichet said the ECB plans to start pulling back some of its stimulus programs as the economy begins to recover.

With little U.S. economic news to help sway the market Friday, the dollar is again pressuring stocks. A strengthening dollar drives down foreign demand for commodities, which are often traded in dollars. It also can depress U.S. exports which become more expensive as the dollar rises.

That can hurt the price of energy and materials stocks that are closely tied to commodities and companies with large operations overseas.

A disappointing earnings report from computer maker Dell Inc. is also weighing on the market. Dell said after the market closed Thursday that sales of its computers to big businesses remain sluggish. Its quarterly revenue and profit missed analysts’ expectations.

As

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Gen2Media to support Mary J. Blige at American Music Awards on Sunday

Stuart Smith (November 20th, 2009) Writes:

Nov. 20, 2009 (Business Wire) — Gen2Media Corporation (OTCBB: GTWO), a full service video technology and production company, has been chosen by nine-time Grammy-winning singer and songwriter Mary J. Blige to support her live performance at the American Music Awards. On Sunday November 22, the noted Queen of Hip-Hop Mary Blige, will present for the first time her new song “I Am” which is a history of Mary’s evolution from her original album “What’s the 411” through to today’s many successes. Gen2Media is building the digital visual imagery for Ms. Blige’s live performance at the ceremony by designing, producing and packaging Mary’s original, cutting-edge digital video content. Using its proprietary industry-leading technology, Gen2Media will integrate 3-D imaging, 2-D compositing and live video from the stage into a visually stunning floorshow.

Michael “Huggy” Carter, Ms. Blige’s Tour Manager notes, “Gen2Media always comes across with a technically dynamic show. We couldn’t

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eDoorways Corp. (EDWY.PK) Granted Key Role at XVIIth ISTEC General Assembly

QualityStocks (October 22nd, 2009) Writes:

eDoorways Corporation announced this afternoon that it will be playing an integral role at the Ibero-American Science and Technology Education Center (ISTEC) XVIIth annual General Assembly, held the week of October 26 – 30, 2009, on the Campus of the University of New Mexico (UNM) in Albuquerque, NM – USA. Not only will eDoorways co-sponsor the event, but its officers will deliver keynote presentations on Tuesday, October 27, and Wednesday, October 28.

Gary Kimmons, Chairman & CEO of eDoorways Corporation, stated, “This is a very important event for ISTEC and for eDoorways and the beginning of a partnership between us. The theme for this year’s General Assembly is, ‘Using Technology to Enable Collaboration, and Collaboration to Advance Science and Technology.’ As it happens, that is exactly what our LEARN and SOLVE Doorways can help bring about. We foresee a genuine symbiosis here

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Crown Castle Raises Guidance – Analyst Blog

Zacks Market Commentaries (October 21st, 2009) Writes:
Yesterday, Crown Castle International Corp. (CCI), a leading wireless tower operator in the U.S. and Australia , raised its third quarter fiscal 2009 financial outlook. Management stated that its Site rental revenue and Adjusted EBITDA will beat the company’s prior estimate. Earlier, Crown Castle predicted that the Site rental revenue during the third quarter will approximate within a range of $385 million-$390 million. Adjusted EBITDA is forecasted in the $246 million-$251 million range. The company will report third quarter 2009 financial results on Nov 3.  We believe the primary reason for this upward revision of financial estimate is the increasing deployments of 3G/4G high-speed mobile voice, data, and video technology. It has become imperative for carriers to improve network quality, and coverage, in order to minimize customer churn. Increased wireless coverage, by using more tower space, is one of the major initiatives that carriers take to improve transmission quality. ...

WorldGate Communications, Inc. (WGAT.OB) Appoints New Board of Directors and Makes Senior Management Changes

QualityStocks (April 13th, 2009) Writes:

WorldGate Communications, Inc., a leading provider of next-generation video phone solutions, announced today that it has established a team of telecommunication industry luminaries for its board of directors. Effective immediately, Anthony Cassara, President of Cassara Management Group Inc.; Richard Nespola, Chairman and CEO of The Management Network Group Inc.; and Geoffrey Boyd, former CFO of Eschelon Telecom have joined Robert Stevanovski, Chairman and Co-Founder of ACN and New Chairman of WorldGate, along with David Stevanovski, Chief Operating Officer of ACN, and Greg Provenzano, President and Co-Founder of ACN, on the company’s board of directors.

“We are putting together a dream board,” Mr. Robert Stevanovski commented. “A leading group of telecommunications executives that have extensive relationships with many of the world’s top communication companies, along with a broad spectrum of industry experience and proven track records growing start-ups and small companies into large, highly profitable companies. They share our vision for WorldGate

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