WESTON, Fla., Jan. 13, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Digital Rooster.com Ltd. (OTCBB:DGRLF), Innovative Companies Inc. (Nasdaq:GORX), Silicon Graphics Inc. (NYSE:SGI) and Keryx Biopharmaceuticals Inc. (Nasdaq:KERX).
Aggressive investors should be watching Digital Rooster.com Ltd. (OTCBB:DGRLF) this morning! Yesterday after the markets closed, the company issued a press release, announcing the Company's listing application has met all admission requirements and has been approved for trading on the Berlin Stock Exchange! Digital Rooster.com Ltd. will trade under the ticker symbol DGL.BER. The listing is effective immediately. DGRLF will continue to trade on the NASDAQ OTC Bulletin Board.
This could be big news for investors! The Berlin Stock Exchange is primarily targeted at private investors, listing more than 10,000 stocks from over 60 countries making it the largest market for offshore securities in the world. A recently announced partnership with Nasdaq Europe further entrenches the Berlin Stock Exchange as the gateway to German trading in U.S. equities for all of Europe as well as raising its profile significantly through its association with the strong Nasdaq brand.
Keep your eye on this one! Digital Rooster.com CEO Lex Van Arem stated, "We believe this listing will serve to increase our investor base, create additional liquidity for our shareholders and attract more attention from the overall investment community. We take pride in having passed the exchange's admission requirements and appreciate the implied confidence in our company shown by those in the European brokerage community."
Arvada Inc., a subsidiary of Digital Rooster.com in the final stages of being spun off, will also seek to trade on the German exchange as soon as its 15C211 OTCBB filing is reviewed and accepted by the SEC.
In case you are unfamiliar with Digital Rooster.com Ltd., the company is a world leader in the marketing and billing solutions of online entertainment. The stock closed yesterday at thirty-five cents a share.
Stocks showing interesting activity yesterday were: Innovative Companies Inc. (Nasdaq:GORX) up 26.2% on 441,200 shares traded, Silicon Graphics Inc. (NYSE:SGI) up 24.4% on 52.9 million shares traded and Keryx Biopharmaceuticals Inc. (Nasdaq:KERX) up 13.1% on 2.1 million shares traded.
Commentary:
"According to www.bankrate.com, here are the latest figures on the national average mortgage rates: 30 year mortgage is 5.87%, the 15 year is 5.19%, and the 5 year arm is 3.85%. Mortgage rates are at a 45 year low," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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