Stock Watch: CDKN Continues on the Move! June 7, 20069 June 2006
Wall Street News Alert's "stocks to watch" thismorning are: CDKNet.com, Inc. (OTCBB: CDKN), Microsoft Corp. (NASDAQ: MSFT), Apple Computer Inc. (NASDAQ: AAPL) and Sun Microsystems (NASDAQ: SUNW).
Once again, CDKNet.com, Inc. (OTCBB: CDKN) may be a target of aggressiveinvestors and day traders this morning! Yesterday after the stock marketsclosed, Arkados, Inc., a wholly owned subsidiary of the company, issued apress release announcing that it is working with its customers to display avariety of prototype products at Computex Taipei 2006.
The news should get the attention of investors! The AI-1100 system-on-chip(SoC) incorporates HomePlug® technology, which enables a variety ofdigital devices to use a home's electrical wiring to send audio, data, evenvideo streams throughout a home.
"Because Arkados incorporated the HomePlug MAC/PHY, a powerful processorand so many other features directly into their chip, it became obvious thatdozens of HomePlug products could be easily built with it," said Jay Cheng,president of GigaFast Inc. "As an ODM, it offers tremendous flexibility todeliver exactly what our customers demand, as the chip in itself is aplatform for limitless digital home applications."
Investors should continue to monitor the progress of CDKNet.com!
Wall Street News Alert is placing Aggressive Investors on alert to monitorthe progress of CDKNet.com! The programmability of the Arkados chip makesit ideal for Internet Protocol TV (IPTV), surveillance, whole-house audio,and a host of other in-demand applications for the digital home.
"Our HomePlug-enabled reference designs demonstrate the versatility of SoCsfrom the Arkados ArkTIC family of solutions," said Oleg Logvinov, ArkadosPresident and CEO. "The platform we have created can be rapidly adapted tomany applications, including whole-house digital video recorder (DVR) andInternet Protocol TV (IPTV)."
Last week the company issued a press release announcing that its companyinformation will be made available via Standard & Poor's Market AccessProgram.
Prior to the latest press release, the stock closed yesterday atSeventy-Five cents a share.
For an in-depth profile of CDKNet.com, Inc., visithttp://www.thenewssvc.com/CDKN060606.html
Arkados Inc., a wholly owned subsidiary of CDKnet.com, is a developer,manufacturer and supplier of system-on-chip semiconductors that aredesigned to create easy-to-use digital connectivity between entertainmentand computing devices used by consumers. Arkados solutions will create avirtual, home-wide entertainment and information network that can enabledigital data to be shared between stereos, radios, computers, speakers, mp3players, televisions, cable and DSL modems, and a host of other devices.The company's chips are designed to permit its OEM customers to producesophisticated, full-featured products with a lower production cost, fastertime-to-market, and a high degree of programmability. Arkados is a majorcontributor to the new HomePlug AV specification and their chips conform toHomePlug Powerline Alliance standards. Arkados chips can be used forapplications in the in-home network ("In-Home Network"), through the "lastmile" powerline distribution network ("Broadband Powerline"), andthroughout residential and corporate buildings ("In-building Network").
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Microsoft Corp. (NASDAQ: MSFT) down 1.6% on 126.6 million shares traded.
Microsoft is one of the leaders in software, services and solutions thathelp people and businesses realize their full potential.
Apple Computer Inc. (NASDAQ: AAPL) down 0.4% on 25.9 million shares traded.
Apple is an award-winning desktop and notebook computer manufacturer.
Sun Microsystems (NASDAQ: SUNW) down 1.1% on 35.9 million shares traded.
Sun is in the development of technologies that power some of the world'smost important markets.
Commentary:
"This week's Institute for Supply Managers (ISM) report that the FedChairman alluded to yesterday, showed that economic growth is moderating.The concerns were that prices paid for supplies and services by businesseslike retailers, builders, and banks were at their highest level since lastSeptember," stated Sonja Rudd in Wall Street News Alert's daily commentarycontinued at: http://www.WallStreetNewsAlert.com.
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