NewMarket Technology Inc.: Rated 'Speculative Buy,' Target Price $0.54 by Beacon Equity Research

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Press Release Source: NewMarket Technology Inc.

NewMarket Technology Inc.: Rated 'Speculative Buy,' Target Price $0.54 by Beacon Equity Research
Friday October 17, 4:48 pm ET


DALLAS--(BUSINESS WIRE)--NewMarket Technology Inc. (Pink Sheets: NMKT - News) has been rated Speculative Buy with a price target of $0.54 by Beacon Analyst, Victor Sula, Ph.D.
The full report is available at http://www.beaconequity.com/main/Covered-Companies/New-Market- Technology-Inc/(showAs)/short (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

Anyone interested in receiving alerts regarding NMKT research should e-mail members@beaconequity.com with “NMKT” in the subject line.

In the report, the analyst writes, “Given the favorable industry forecasts, prior development record and optimistic management outlook we anticipate NMKT to report solid growth over the next five years. We consider the Company well on track to exceed $120 million in revenues for 2008 and likely to pass through $160 million milestone during the 2009.”

Other companies in the technology sector include: Electronic Data Systems (NYSE: EDS - News), Affiliated Computer Services (NYSE: ACS - News), Acxiom (Nasdaq: ACXM - News) and Perot Systems (NYSE: PER - News).

Beacon Equity Research Disclosure

The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC, which has been compensated eight thousand five hundred dollars from Oceanic Consulting, a shareholder of NMKT, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our website, BeaconEquity.com, for complete disclosures.