(EMAILWIRE.COM, November 24, 2009 ) Dallas, TX - Network Engines, Inc. (NASDAQ:NENG) soared 29.69% to $1.66. The stock hit an intraday high and an intraday low of $1.72 and $1.29 respectively. In the last six months the stock went up over 100%. Network Engines, Inc. (Network Engines) develops and manufactures application platform solutions that enable original equipment manufacturers (OEMs), independent software vendors (ISVs), and service providers to deliver their software applications in the form of a network-ready device.

iBasis, Inc. (NASDAQ:IBAS) climbed up 31.86% to $2.98 after Koninklijke KPN N.V. and iBasis, Inc. announced that they have entered into a settlement agreement under which Koninklijke KPN N.V. will make a last and final increase of its offer for the outstanding shares in iBasis not otherwise held by Koninklijke KPN N.V. to $3.00 per share in cash. Koninklijke KPN N.V. currently owns a stake of approximately 56% in iBasis..

NII Holdings, Inc. (NASDAQ:NIHD) climbed up 6.65% to $30.95. The stock hit an intraday high and an intraday low of $31.41 and $30.17 respectively. In the last six months the stock went up over 69%. NII Holdings, Inc. provides digital wireless communication services primarily targeted at meeting the needs of business customers through operating companies located in selected Latin American markets. The Company’s principal operations are in business centers and related transportation corridors of Mexico, Brazil, Argentina, Peru and Chile.

ABOUT PennyStockPickAlert.com

Penny Stock Pick Alerts by PennyStockPickAlert.com. If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. We are a leading stock web site that provides free stock alerts on hot penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.

Contact Information:
PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.