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CORRECTING and REPLACING -- Market Advisors, Inc. Issues Report on Teletouch Communications, Inc.
Published on Thursday, 08 December 2011 14:14 Written by TradersHuddle Staff
LINCOLN, Neb., Dec. 8, 2011 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Market Advisors, Inc., please note that in the second paragraph of the release, the second sentence that began with "TLLE's revenue" should have read "The telecommunication industry's revenue." The corrected release follows:
An updated research report has been issued by Market Advisors, Inc. "Fundamental Analysis for Today's Investments" on Teletouch Communications, Inc. (OTCBB:TLLE). To view our report, please visit www.marketadvisorsinc.com .
Citing the report, according to INSIGHT Research Corporation, worldwide telecommunications revenues are expected to grow at a healthy rate of 8% over the next 5 years. The telecommunication industry's revenue, including narrowband and broadband landline, wireless and cellular services, as well as Internet communications are expected to grow from $2.1 trillion in 2008 to more than $3 trillion by 2013. With this in mind, we have identified TLLE.OB as a strong candidate for growth and we have established a short-term target price of $1.80.
About Teletouch Communications, Inc.
Teletouch Communications, Inc. is a wireless service company that has been doing business over 47 years while maintaining its headquarters in Fort Worth, Texas.
About Market Advisors, Inc.
Officers of Market Advisors, Inc. have been in business since 1983 and have provided stock market research for their clients since 1985. Company officials have often been quoted in a wide array of financial publications such as the Wall Street Journal, Investors Business Daily, Barron's, Forbes Magazine and The Dick Davis Digest to name a few.
The information and opinions in this analyst report were prepared by Market Advisors, Inc and Associates. (located in Nebraska) who does receive fees for services including preparation of this report. Officers of Market Advisors, Inc. received $3,000.00 from a third party for this report. This is not an offer to buy or sell securities nor should this report be construed as investment advice. Information or statements are subject to numerous risks and uncertainties that cause such statements not to prove accurate. Market Advisors, Inc. does not disseminate, nor is it liable for the dissemination by any third party of this analyst report.
CONTACT: www.teletouch.com
Investors contact 800-232-3888
Market Advisors:
Jeff Helleberg
This e-mail address is being protected from spambots. You need JavaScript enabled to view it.
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