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NVTL, PPWE, CHUX, VDSI - Market Watch From DrStockPick.com!

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Novatel Wireless Inc. (Nasdaq:NVTL) a leading provider of wireless broadband solutions, announced that the Ovation™ MC545 is commercially available with Saudi Telecom Company (NYSE:STC) in Saudi Arabia. STC was the first operator to launch a commercial Dual-Carrier HSPA+ (DC- HSPA+) network in the Middle East.

Novatel Wireless, Inc. provides wireless broadband access solutions for the mobile communications market worldwide. The company primarily offers third generation (3G) products.

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Oil and gas are burned in a enormous capacity all over the world. Countries that have no oil or gas have to pay a tremendous amount of money to import it. In 2000, the USA paid out about $100 billion to bring oil into the country while Saudi Arabia made around $80 billion shipping oil to other countries.

Most governments use a license system to boost private companies to search for oil and gas in their countries. Land and sea areas that may have oil are divided into “Blocks”. These are approximate square areas usually between 5 and 20 kilometers (3 – 12 miles) wide. Companies pay money to the government to be able to lease blocks for a time period, during which they are obligated to search for oil using the latest technology.

In some cases, oil companies must sign a “production sharing contract”, in which case the government gets a percentage of any oil discovered. In all cases, the government will make gains by taxes raised from oil companies. In addition, oil and gas production creates jobs and reduces the need for imports.

Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob) announced that its wholly owned subsidiary, American Resources, Inc. (NYSE:ARI), has begun production on its 87.5 acres in Western Kentucky.

Many farmers in Kentucky are trading in their tractors and overalls for oil derricks and wildcatting gear. With the price of oil reaching an all time high and the family farm becoming more and more obsolete, the attraction of getting rich by striking oil on the family's back forty is becoming harder and harder to resist. And not without promise, with current geological readings estimating that nearly five billion barrels of oil reserves could be tucked away near Kentucky's famed coal mines of old.

Proper Power & Energy is an independent exploration and production company. The Company’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

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O'Charley's Inc. (Nasdaq:CHUX) announced the details for the release of its results for the 12-week and 52-week periods ended December 26, 2010. O’Charley’s plans to issue its earnings release for the fourth-quarter and fiscal year 2010 results before the market opens on Friday, February 4, 2011, and management will host a conference call that day at 9:00 a.m. Eastern Time.

O’Charley’s Inc. engages in the ownership and operation of casual dining restaurants in the United States. The company operates restaurants under the O’Charley’s, Ninety Nine, and Stoney River Legendary Steaks names.

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VASCO Data Security International Inc. (Nasdaq:VDSI) a leading software security company specializing in strong authentication products, announced that Computrad has been awarded for the integration of VASCO's IDENTIKEY Enterprise and DIGIPASS technologies at the renowned betting website BetClic.

VASCO Data Security International, Inc. engages in the design, development, marketing, and support of hardware and software security systems that manage and secure access to information assets worldwide.

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