January 24th, 2007

SpeculatingStocks.com Stock Pick: CallWave, Inc. (CALL)

Price: $2.81 (long-term strong buy)

CallWave, Inc. is leading the way in developing applications that make phones and PCs work better together. With CallWave, tasks that are difficult to do on the phone become much easier on the desktop - without changing phone numbers or adding any equipment.

CALL has an extremely clean balance sheet with total assets outnumbering total liabilities by a ratio of over 14.5 to 1. CALL has $61.44 million in cash and short-term investments on the balance sheet.

CALL is trading below its cash value and book value. This is shocking considering the communications industry is continuing to heat up.

Four different insiders purchased CALL back on November 7th of last year between $2.61 and $2.68.

We believe the company's vision of making phones and PC's work together will make a major splash with investors.

SpeculatingStocks.com Target Price: We expect CALL to reach $5.00 within the next 3 - 6 months.