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Wall Street Capital Funding LLC: Aggressive Investors Alert issued on ABSY! August 15, 2006


By M2
Last Update: 8/15/2006 8:59:32 AM Data provided by

Weston, FLA., Aug 15, 2006 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: AbsoluteSKY, Inc. (ABSY), IDS Worldwide, Inc. (IDWD), China Direct Trading Corp. (CHDT), Hewitt Associates, Inc. (HEW) and Constar International Inc. (CNST).

AbsoluteSKY, Inc. (ABSY) should have the attention of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, developer of RFID-based inventory tracking systems for specialty retail, issued a press release providing additional details on its business targets for the next 18 months.

News of the company's high expectations should get the attention of investors! According to the press release, buoyed by strong reaction to its intelliTRACKER product suite, positive channel feedback and continued overall market growth, the Company is projecting initial installations of its product suite with four national retailers within the next few months. Revenues of $25M, with a booking backlog of $60M, are in the Company's forecast for 2007.

Continue to watch this company! "Momentum is clearly increasing around our intelliTRACKER product suite and through our powerful channel programs, with Fujitsu Transaction Solutions and Universal Surveillance Systems, we're rapidly preparing for product roll-out," said John Frabasile, President and CEO, and a 25 year veteran in the retail technology field. "RFID is becoming one of retail's truly rare transforming technologies and the intelliTRACKER suite delivers Item-Level Inventory Tracking to specialty retailers now, placing us several years ahead of the market."

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of AbsoluteSKY! Professional research firms are projecting continued double-digit growth for retail RFID, with global spending rising to $3 billion by 2010 - a six-fold increase from 2005. Other researchers post even more aggressive figures, estimating the size of the RFID market in North America alone to be $2.7 billion, and $6.1 billion worldwide!

AbsoluteSKY's intelliTRACKER product suite ties together multiple technologies to provide retailers with real-time item-level inventory tracking. Its extensive benefits include the ability to increase inventory turns, virtually eliminate missed sales and gain extensive real-time control over loss prevention. Industry specialists have been broadly impressed by the fact that intelliTRACKER delivers measurable benefits and clear ROIs to the specialty retailer, as well as the ability to meaningfully and fundamentally improve day-to-day operations.

Prior to the latest press release, the stock closed yesterday at Eighty cents a share.

For an in-depth profile of AbsoluteSKY, visit http://www.thenewssvc.com/ABSY081406.html To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

In case you are not familiar with the company: AbsoluteSKY, Inc. specializes in the design, development and implementation of Radio Frequency IDentification (RFID) technology that provides real-time item-level inventory tracking for retail customers. Based in Montreal, Canada, the Company's business model combines strategic, creative and technical skills to deliver solutions that help its clients achieve their business objectives through the use of AbsoluteSKY's breakthrough technology and extensive knowledge of their business operations.

IDS Worldwide, Inc. (IDWD) up 76% on 2.1 million shares traded.

China Direct Trading Corp. (CHDT) up 38.7% on 9.6 million shares traded.

China Direct Trading Corp. recently announced that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight.

The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.advisorinsight.com.

Hewitt Associates, Inc. (HEW) up 11.6% on 2.9 million shares traded.

Hewitt Associates is a provider of human resources outsourcing and consulting services. Hewitt Associates, Inc. recently reported results for its fiscal 2006 third quarter ended June 30, 2006.

Constar International Inc. (CNST) up 11.6% on 315,000 shares traded.

Constar is a leading global producer of PET (polyethylene terephthalate) plastic containers for food, soft drinks and water. Constar International Inc. recently announced its financial results for the second quarter and six months ended June 30, 2006.

Market Commentary: "Oil prices slid as much as $1.75 a barrel Monday as a U.N.-negotiated cease-fire began in Lebanon and investors reacted to news that BP expects to maintain half of its production despite the pipeline leak. Light sweet crude for September delivery fell 82 cents to settle at $73.53 a barrel in electronic trading on the New York Mercantile Exchange," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated Fifteen Thousand Dollars for coverage of AbsoluteSKY, Inc. (OTC: ABSY), by a third party (The Bentley Group LLC), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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