WESTON, Fla., Feb. 10, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Femone Inc. (OTCBB:FEMO), Covad Communications Group, Inc. (OTCBB:COVD), Sapient Corporation (Nasdaq:SAPE) and Phoenix Companies Inc. (NYSE:PNX).
Aggressive investors may continue looking at Femone Inc. (OTCBB:FEMO) this morning! Late last week, the company issued a press release announcing the introduction of its new Lean Choices Weight Loss System! This revolutionary new system combines the science of phyto-therapeutics, advanced nutritional products including a proprietary fat trapping ingredient and the fascinating technology of quantum physics into a system that is simple and easy to live with.
This could be great news for investors! According to the press release, Jennifer O'Neill an internationally acclaimed actress, film and television star is actively promoting the program. Ms. O'Neill states, "I can honestly say the Lean Choices Weight Loss System is the most extraordinary new way to lose and maintain desired weight that I have ever experienced." FemOne CEO Ray Grimm is pleased to have Ms. O'Neill join the FemOne team. "After Jennifer O'Neill starred in the classic film 'Summer of 42' she became a household name. She was also the Cover Girl Cosmetics spokesperson for an unprecedented 30 years. Ms. O'Neill has written and released 4 books and is very interested in Women's Health. With the tremendous health benefits associated with the Lean Choices System, Ms. O'Neill became very excited about promoting a lean lifestyle system that you can live with.
Keep your eyes on this company! "I believe that within the next 12 months, the Lean Choices Weight Loss System could be 40% of FemOne's total revenues," Grimm said. "Over 50% of our population is clinically obese and this problem continues to grow. This system is not about dieting, deprivation or denial and is actually a simple regimen to incorporate in your daily diet. The system is intended to maximize healthy weight loss. The two nutritional products should produce multiple health benefits including lowering cholesterol, improving glycemic control, improving gastrointestinal health, promotes immune health, increases oxygen uptake, supports adrenal glands and helps enhance concentration and efficiency," states Grimm.
The stock closed yesterday at $1.33 a share.
In case you are unfamiliar with the company: FemOne, Inc. is a Carlsbad, California based direct-selling nutrition, skincare and cosmetics company with distribution in the United States and Canada.
Stocks showing interesting activity yesterday were: Covad Communications Group, Inc. (OTCBB:COVD) up 11.1% on 3.2 million shares traded, Sapient Corporation (Nasdaq:SAPE) up 6.2% on 4.2 million shares traded and Phoenix Companies Inc (NYSE:PNX) up 8.9% on 1.4 million shares traded.
Commentary:
"Earnings reports due out this week; Coca Cola on Wednesday and Dell on Thursday. In general, companies fourth-quarter results so far have been better that expected, this according to Thompson Financial, and analysts have raised earnings forecasts for the first quarter of 2004," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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