Thursday, July 08, 2004 11:43:08 AM
DALLAS, Jul 08, 2004 (PRIMEZONE via COMTEX) --
Wall Street Futures, a leading source of news and information for the small-cap investor, has identified two "stocks to watch" in the human resources (HR) outsourcing space: ProMana Solutions, Inc. (Pink Sheets:PSLU) and Pacel Corporation (OTCBB:PCCL)
ProMana is a provider of web-based software that enables end-to-end solutions for managing the entire spectrum of payroll, benefits, HR management and business processing outsourcing. The company released very positive earnings news this week; and in just the past six weeks, it also has announced two new branded partner agreements as well as the acquisition of a Source Code license for one of its primary applications. PSLU shares closed Wednesday at $0.35. At this price level, Wall Street Futures expects the stock will attract many aggressive investors and has awarded PSLU its highest rating of "Strong Buy".
Pacel provides HR outsourcing services -- including benefits, payroll and unemployment administration -- to small and medium-sized U.S. businesses. The company recently announced a strategic alliance with Lincoln Consulting, LLC to launch an aggressive marketing and sales initiative. Shares of PCCL closed Wednesday at $0.0027 on extraordinary volume for a pink sheet company. Wall Street Futures believes the company's renewed focus on marketing and acquisition-based growth could help the stock return to a level above $0.02.
Professional Employment Organizations, or "PEO" companies, are growing at a rate greater than 20 percent per year and most experts predict this level of growth is sustainable over the next decade as PEO's continue to capitalize on the HR outsourcing phenomenon. Wall Street Futures believes that small cap companies positioning themselves strongly in this sector should enjoy significant revenue and profit growth for years to come.
-- Important Notice and Disclaimer: Please Read --
Wall Street Futures is a news service of the Wall Street Small Cap Reporter (WSSCR). WSSCR, 866-249-4961, publishes reports providing information on selected companies that it believes have investment potential. WSSCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. WSSCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. WSSCR has been hired as a consultant and has been paid by a third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks and uncertainties - including, but not limited to, risks associated with changes in general economic and business conditions (including in the IT and financial information industries), actions of competitors, the extent to which the company is able to develop new services and markets for its services, the time and expense involved in such development activities, the level of demand and market acceptance of the company's services, and/or changes in its business strategies -- that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company featured above or obtain the SEC filings of the company including the company's most recent annual and quarterly reports.
SOURCE: The Wall Street Small Cap Reporter
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