Research Report Update by Emerging Growth Research on Showcase Technology Stock, Geeks On Call Holdings (OTCBB: GOCH), "Sam's Cl
07 August 2008 - 12:09AM
Marketwired
Investorideas.com and Techsectorstocks.com, a Technology Stocks
Investor Portal within Investorideas.com, announce the availability
of an updated research report for Geeks On Call Holdings, Inc.
(OTCBB: GOCH), issued by Emerging Growth Research. Geeks On Call is
a premier national provider of on-site computer service and
solutions to small business and residential markets. The update
features photos and details on merchandising of the initial 20
Sam's Club locations initially announced in an 8K filing.
The Company also announced news it has become an authorized
reseller of Hewlett-Packard products and services through HP's
PartnerONE Program, a network of approved Enterprise and SMB
solution providers.
Emerging Growth Research Report Update Hi-lights:
Update Report - Sam's Club Merchandising Well Underway - New
Photos of Merchandising Effort
Merchandising at the initial 20 Sam's Club locations is well
underway and it appears the company is already seeing increased
business as a result. In this report, we provide investors with
some photos of what we believe is an impressive merchandising
effort.
Geeks On Call recently reported in an 8K filing it had begun
offering outsourced IT services out of selected Sam's Club
locations. The services, which we believe are modeled after Best
Buy's highly successful Geek Squad business, will initially target
20 Sam's Club locations. In our opinion, this is a company making
event, on which investors should capitalize by purchasing these
shares. As a result of gaining this contract, we recently raised
our six-month Price target from $2.00 to $3.00.
As computer and consumer electronic technologies become
increasingly complex, businesses and consumers are increasingly
turning to outsourced IT services. This market is growing rapidly
and currently valued in excessive of $8 billion for the US alone.
It is estimated the market is underserved by an additional $11
billion due to a limited selection of reliable vendors. We believe
GOCH is well prepared to target this $19 billion market
opportunity.
With a market capitalization of only approximately $17.5
million, we view the company as meaningfully undervalued relative
to the significant market opportunity and thus urge small-cap
investors to seriously consider purchase of these shares. We are
expecting more than a doubling of revenues for Fiscal 2009.
Research Report Link:
http://www.investorideas.com/CO/GOCH/pdf/GOCHReport.pdf
*Investors are reminded to read all disclaimers and disclosures
related to report.
8K SEC filing:
http://ca.us.biz.yahoo.com/e/080723/goch.ob8-k.html
Recent News: Geeks On Call� Becomes Authorized Hewlett Packard Reseller
Monday August 4, 2008
Joins HP PartnerONE SMB Network
Full news: http://www.investorideas.com/Companies/ViewDocument.asp?ID=5524
Analyst:
Joseph Noel is a 29-year veteran of the telecommunications and
investment industries. Joe was recently a senior analyst at Pacific
Growth Equities, LLC, where he tracked the communications
equipment/services and advanced industrial sectors. Prior to
Pacific Growth, he covered both the telecommunications equipment
and services industries at Hambrecht & Quist and was employed
by Gartner/Dataquest as a communications industry analyst.
About Geeks On Call Holdings, Inc. (OTCBB: GOCH):
Geeks On Call is a wholly owned subsidiary of Geeks On Call
Holdings, Inc. (OTCBB: GOCH). Founded in 1999, the Company is a
pioneer in the mobile, rapid-response on-site IT service concept.
Geeks On Call's certified IT professionals service small businesses
and residential customers across the nation, providing computer
privacy and security solutions, hardware and network installations
and troubleshooting, as well as repairs, upgrades and consulting.
Geeks On Call also co-markets through endorsed vendor relationships
with other Franchisors, who offer GOC services to their franchisees
as a value-added benefit. Over 250 independently owned and operated
franchises have been granted, with new franchise and Corporate
locations opening regularly.
More Info: Visit the Company Showcase on Investorideas.com
at:
http://www.techsectorstocks.com/CO/GOCH/Default.asp
Media Presentation:
http://www.investorideas.com/CO/GOCH/ss/default.asp
Or the Company Website at: http://www.geeksoncall.com/
About Us:
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advertising. Disclosure: Geeks On Call Holdings, Inc compensates
Investorideas.com $5000 per month and 50,000 144 shares pro-rata
over 12 months.
For Additional Information: Dawn Van Zant 800-665-0411 Email
Contact Emerging Growth Research Joseph Noel Email Contact San
Francisco, California 925.922-2560
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