WESTON, Fla., March 2, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: FemOne, Inc., (OTCBB:FEMO), NetScout Systems Inc. (Nasdaq:NTCT), Cost-U-Less Inc. (Nasdaq:CULS) and Bio-Reference Labs Inc. (Nasdaq:BRLI).
Aggressive investors may want to watch FemOne, Inc., (OTCBB:FEMO) again this morning! Yesterday after the markets closed, the company issued a press release announcing a 58% sales increase for the month of February 2004 over prior month's sales!
There could be more great news for investors! Steven Page, President of FemOne Canada, announced that the introduction of FemOne's new division -- BioPro Technologies -- added considerable momentum over the past month. "Our new BioPro Technologies' division and its first product -- the EMF-harmonization technology used in our BIOTRON Cell-Phone Chip have really created a buzz around here. Over the last few weeks, we have had some very experienced and influential industry-leaders join our sales force, which is very exciting," says Page. With the rapid influx of so-called BioPro Managers joining the business, the company expects another solid performance in March 2004. "When sales-leaders in other companies see big names in the industry joining BioPro Technologies and immediately doing well with us, it creates a sense of urgency and for them to take a look at our company and get involved as well. It's exciting to work with a sales-organization with so much talent," adds Page.
Keep your eyes on this company! With key sales-talent joining the company weekly and additional products in the BioPro Technologies Division already in the pipeline, FemOne, Inc. USA CEO Ray W. Grimm expects FemOne's growth to continue: "Based on the track-record of the sales-leaders that joined us during the past few weeks, and based on the fact that they are building sales organizations in both the U.S. and Canada, we expect both countries to have an exciting year. We are very pleased with what has been happening," says Mr. Grimm.
Late last month, the company announced that a renowned German scientist and his team of researchers developed the technology that FemOne will be distributing through its newly formed "BioPro Technology" Division. The technology was designed to harmonize/neutralize dangerous electromagnetic frequencies into harmless waves that can be absorbed by our bodies, helping to prevent long-term health risks associated with harmful radiation.
The stock closed yesterday at $1.17 a share.
In case you are unfamiliar with the company: FemOne, Inc. is a Carlsbad, California based direct-selling company with distribution in the United States and Canada.
Stocks showing interesting activity yesterday were: NetScout Systems Inc. (Nasdaq:NTCT) up 23.6% on 644,900 shares traded, Cost-U-Less Inc. (Nasdaq:CULS) up 13.5% on 2.4 million shares traded and Bio-Reference Labs Inc. (Nasdaq:BRLI) up 13.2% on 1.4 million shares traded.
Commentary: The Economy
"The Institute for Supply Management (ISM) announced Monday that the Index fell to 61.4 percent from a 20-year high in January of 63.6 percent. Although falling slightly more that economists had forecast, it was still the fourth month in a row that the index has stayed at above 60, good news for the economy," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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