Donner Corp. International Issues Speculative Buy Recommendation on Advanced Wireless Systems, Inc.
Donner Corp. International Issues Speculative Buy Recommendation on Advanced Wireless Systems, Inc.
SANTA ANA, Calif., Aug. 28 Donner Corp. International, a broker/dealer specializing in investment banking, headquartered in Santa Ana, Ca., today issued a Speculative Buy Recommendation and initiated coverage on Advanced Wireless Systems, Inc. (OTC Bulletin Board: AWSS), Santa Rosa, California. Advanced Wireless Systems has changed its focus to specialize in automotive related businesses including the design, manufacture and distribution of Electric Vehicles. "Advanced Wireless is positioned to become a dominant force in the design, development and distribution of Electric Vehicles," Donner said, in its new report. "This Company is at the forefront of an exciting industry with worldwide ramifications not only for people who travel but for the overall health of the environment as well." Donner said a recent study from Business Communications Co. predicts that the market for light electric transportation will grow to $7 billion worldwide by 2005. The combination of the energy crisis and ongoing environmental concerns present an enormous business opportunity for zero emission vehicles to become a viable alternative to fossil fuel vehicles. "In addition to its core automotive businesses, Advanced Wireless owns a wide range of Internet connectivity rights through licenses granted by the Federal Communications Commission," Donner said. "Management has deftly positioned itself to provide the next level of technologies through joint ventures or to sell off its telecommunications assets at high multiples when the FCC license market rebounds." Donner said Advanced Wireless Systems "is committed to taking a presence in the bio-tech field, which bodes well for future value. When you take into consideration the low price of its stock and its success with its newly acquired subsidiaries, it is clear that Advanced Wireless Services is well-positioned for upward movement as is evidenced in the gigantic 3800 percent leap in its mid-year revenues." Copies of the Donner report on Advanced Wireless Systems, Inc. are available at http://www.donnercorp.com. Donner Corp. International is a member of the National Association of Securities Dealers, CRD 37702. Any information or opinion provided in this report/release does not solicit or make an offer to buy or sell any securities or any options, futures or other derivatives related to such securities herein. DCI and its affiliates may trade for their own accounts in any securities of the issuer or in related securities. DCI or its affiliates, directors, officers and employees, may have a long or short position in securities of the issuer or related investments. DCI or its affiliates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report/release. This research report/release has been prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objective, financial situation, suitability and the particular need of any specific person who may receive this report/release. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report/release and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall substantially. Accordingly, investors may receive less than originally invested. Past performance is not indicative of future performance. Copyright 2001 DCI. In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that DCI was recently compensated by Advanced Wireless Systems, Inc. in the form of $2,500 initial retainer fee and DCI receives $2,500 per month for services provided. DCI will also receive $3.00 for each potential investor name delivered to AWSS. DCI will receive 15,000 shares AWSS common stock.
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