HPC Capital Initiates Coverage on Ableauctions.com
The following is being issued by HPC Capital Management Corp. ("HPC"), a member
of the National Association of Securities Dealers, CRD number 104034:
ROSWELL, Ga., March 31 /PRNewswire/ -- HPC Capital has initiated fee-based
equity research coverage of Ableauctions.com, Inc. with a SPECULATIVE BUY
recommendation and a target price of $1.79. Analyst Bret Ginesky initiated
coverage on March 31, 2004, at $0.84 per share. "Ableauctions.com, Inc. is an
intriguing story for risk tolerant investors seeking a micro cap investment
vehicle with rapid revenue expansion, an advanced technology product and strong
industry growth opportunities," said Mr. Ginesky.
The full report, including important disclosures and disclaimers, is available
at http://www.hpccapital.com/ . Investors are advised to read the full
disclosure at the bottom of the report carefully before investing in the
equities of any company under coverage.
About HPC Capital Management Corp.
HPC Capital Management Corp. ( http://www.hpccapital.com/ ) is a NASD member
firm based in Atlanta, Georgia. HPC focuses on providing funding for public
companies, consulting and merger & acquisition advice. HPC has offices in
Atlanta, Georgia and Miami, Florida.
Contact at HPC:
Vince Sbarra
(770) 992-5515
. DATASOURCE: HPC Capital Management Corp.
CONTACT: Vince Sbarra of HPC, +1-770-992-5515, or Web site: http://www.hpccapital.com/
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