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BUYINS.NET: ORBC, OTEX, REVU, RHIE, RMTR, SNCR Have Also Been Removed From Naked Short List Today

Fri. August 29, 2008; Posted: 09:40 AM
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Aug 29, 2008 (M2 PRESSWIRE via COMTEX) -- SNCR | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: ORBCOMM Inc. (NASDAQ: ORBC), Open Text Corp. (NASDAQ: OTEX), Princeton Review Inc. (NASDAQ: REVU), RHI Entertainment Inc. (NASDAQ: RHIE), Ramtron International Corp. (NASDAQ: RMTR), Synchronoss Technologies Inc. (NASDAQ: SNCR). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.

ORBCOMM Inc. (NASDAQ: ORBC | Quote | Chart | News | PowerRating) a satellite-based data communication company, operates a two-way wireless data messaging system optimized for narrowband data communication worldwide. The company's system consists of a network of 29 low-Earth orbit, satellites, and accompanying ground infrastructure. Its two-way communications system enables its customers and end-users to track, monitor, control, and communicate with fixed and mobile assets located worldwide. The company offers satellite-based data communications services, as well as terrestrial-based cellular communication services. Its communications services are used by businesses and government agencies that are engaged in tracking, monitoring, controlling, and communicating with fixed or mobile assets. The assets that are connected through the company's data communications system include trucks, trailers, railcars, containers, heavy equipment, fluid tanks, utility meters, pipeline monitoring equipment, marine vessels, and oil wells. The company markets and sells its products and services directly to original equipment manufacturers and government customers; and indirectly through value-added resellers (VARS), international VARs and licensees, and country representatives in the commercial transportation, heavy equipment, fixed asset monitoring, marine vessels, and government and homeland security markets. As of December 31, 2007, it had approximately 351,000 billable subscriber communicators activated on its system. The company was founded in 2001 and is headquartered in Fort Lee, New Jersey. With 41.93 million shares outstanding and 9.86 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of ORBC. According to quarterly data provided by the SEC, there were still 56,906 shares of ORBC that were failing-to-deliver as of September 28, 2007.

Open Text Corp. (NASDAQ: OTEX | Quote | Chart | News | PowerRating) develops, markets, sells, licenses, and supports Enterprise Content Management (ECM) solutions primarily in North America and Europe. The company's ECM solutions help customers manage their critical business content, including version revisions and compliance with regulatory requirements. Its principal product, Livelink, enables corporations to manage traditional forms of content, such as images, office documents, graphics, and drawings, as well as to manage electronic content, including Web pages, email, and video. The company also offers ECM solutions that bring together people, processes, and information, as well as software, which combines collaboration with content management, transforming information into knowledge that provides the foundation for innovation, compliance, and accelerated growth. In addition, Open Text Corporation provides training, consulting, hosting services, and customer support programs. It has strategic alliances with SAP AG, Microsoft Corporation, and Oracle Corporation. The company was founded in 1991 and is headquartered in Waterloo, Canada. With 51.1 million shares outstanding and 17.29 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of OTEX. According to quarterly data provided by the SEC, there were still 160,409 shares of OTEX that were failing-to-deliver as of September 28, 2007.

Princeton Review Inc. (NASDAQ: REVU | Quote | Chart | News | PowerRating) provides classroom-based, print, and online products and services for students, parents, educators, and educational institutions. It operates in three divisions: Test Preparation Services, Supplemental Education Services, and K-12 Services. The Test Preparation Services division provides classroom-based, as well as online test preparation courses. This division offers private tutoring program, which provides counseling and tutoring services for various admissions tests, principally standardized admission tests in the United States; online courses that enable students to take tests, make up classes, or do extra work; and test preparation services to schools. The Supplemental Education Services division provides tutoring and ?No Child Left Behind' supplemental educational services. The K-12 Services division offers customized and off-the-shelf solutions that include formative and benchmarking assessments, intervention programs, professional development, and materials to support after school programs. The company also authors approximately 200 print and software titles on test preparation, academic admissions, and related topics under the Princeton Review brand. As of December 31, 2007, it had 4 franchisees operating in approximately 16 territories in the United States and 23 franchises in 19 countries internationally. The Princeton Review, Inc. has a strategic marketing relationship with SchoolNet, Inc. The company was founded in 1981 and is headquartered in New York, New York. With 32.9 million shares outstanding and 1.17 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of REVU. According to quarterly data provided by the SEC, there were still 28,276 shares of REVU that were failing-to-deliver as of September 5, 2007.

RHI Entertainment Inc. (NASDAQ: RHIE | Quote | Chart | News | PowerRating) develops, produces, and distributes new made-for-television movies, mini-series, and other television programming worldwide. It also produces new episodic series programming for television. In addition, the company owns a library of existing long-form television content, which it licenses primarily to broadcast and cable networks. It holds rights to approximately 1,000 titles or approximately 3,500 broadcast hours of long-form television programming. The company's made-for-television movie franchise focuses on the production of films with dramatic, suspenseful, and action/thriller storylines. RHI Entertainment is headquartered in New York, New York. With 12.5 million shares outstanding and 267,700 shares declared short as of July 2008, there is no longer a failure to deliver in shares of RHIE.

Ramtron International Corp. (NASDAQ: RMTR | Quote | Chart | News | PowerRating) engages in the design, development, and marketing of specialized semiconductor memory, microcontrollers, and integrated semiconductor solutions. It primarily offers integrated products and microcontroller devices. The company's ferroelectric random access memory (F-RAM) product line includes interfaces and densities, such as industry-standard serial and parallel interfaces; industry standard package types; and 4-kilobit, 16-kilobit, 64-kilobit, 256-kilobit, 1-megabit, 2-megabit, and 4-megabit densities. Its serial F-RAM devices allow more frequent data transfers over the serial bus to the processor; parallel F-RAM products are drop-in replacements for battery-backed SRAM products; and integrated F-RAM products, also known as processor companions, are single-chip solutions that replace a number of individual system components to reduce cost and board space. The company serves various customers for a range of applications, including metering, computing and information systems, automotive, communications, consumer and industrial, scientific, and medical markets. Ramtron International sells its products through direct sales force, manufacturer's representatives, and distributors in the United States, Japan, the United Kingdom, Indonesia, Taiwan, Germany, China, Hong Kong, Italy, Czech Republic, Finland, Singapore, Slovenia, Mexico, Korea, Thailand, and the rest of world. The company was founded in 1984 and is headquartered in Colorado Springs, Colorado. With 26.56 million shares outstanding and 271,000 shares declared short as of July 2008, there is no longer a failure to deliver in shares of RMTR.

Synchronoss Technologies Inc. (NASDAQ: SNCR | Quote | Chart | News | PowerRating) provides multi-channel transaction management solutions to the communications services and digital content marketplaces primarily in North America. It offers ActivationNow and ConvergenceNow platforms, which are hosted services delivered over the Internet or a dedicated communication channel that provides work flow management. The company's ActivationNow and ConvergenceNow platforms comprise PerformancePartner Portal, a graphical user interface that enables the entry of transaction data into the gateway; Gateway Manager, which provides the capability to fulfill multiple transactions; WorkFlow Manager that provides interaction with third-party relationships, as well as enables communications service providers (CSPs) to have a single transaction view, including data from third-party systems; and Visibility Manager, which offers a centralized reporting platform for intelligent analytics around the workflow, transaction management information, historical trending, and mobile reporting for users to receive critical transaction data on mobile devices. Synchronoss Technologies offers its products and services to wireless service providers, voice over Internet protocol enablers, long distance carriers, and CSPs. The company was founded in 2000 and is headquartered in Bridgewater, New Jersey. With 32.75 million shares outstanding and 4.54 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of SNCR. According to quarterly data provided by the SEC, there were still 13,591 shares of SNCR that were failing-to-deliver as of September 27, 2007.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 2,100,000,000 short sale transactions goes back to January 1, 2005, and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005, because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET may receive compensation in cash or shares from independent third parties or from the companies mentioned.

BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.

BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Open Text Cp (OTEX) click here. Open Text Cp (OTEX) has Short Term PowerRatings of 5. Details on Open Text Cp (OTEX) Short Term PowerRatings is available at This Link.

    


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