WESTON, Fla., March 23, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Chimera Technology Corp. (Pink Sheets:CNOC), Greg Manning Auctions Inc. (Nasdaq:GMAI), M-Wave Inc. (Nasdaq:MWAV) and ebookers plc (Nasdaq:EBKR).
Aggressive investors will want to watch Chimera Technology Corp (Pink Sheets:CNOC) again this morning! Yesterday after the markets closed, the company issued a press release announcing that the casino games initially scheduled to launch on or about May 2, 2004 have been launched ahead of schedule by 45 days. Full launch of the casino games platform took place on March 18, 2004. The new platform performed flawlessly and will serve as an exceptional complement to the company's existing world-class sports book wagering platform. The casino games platform includes such favorites as blackjack, roulette, craps, pai gow and slots, among others.
This could be more great news for investors! Chimera President Ken Chua stated, "The Chimera team has worked incredibly hard to provide a world-class gaming platform in record time. Staging, testing and debugging was conducted in a professional manner and returned results that enabled us to give the go ahead for the new casino gaming platform a full 45 days ahead of schedule. These efficiencies behind the scenes will invariably prove to be a huge factor in Chimera's continuing success."
Access to the new casino games platform can be attained through Chimera's first licensee, 724SportsBook (www.724SportsBook.com). In order to PLAY FOR FUN, you may either go direct using the following URL, http://216.194.164.103/betcasino001, or you can enter www.724SportsBook.com and click on the "724Casino" logo at the bottom
In other Chimera news, "Time Investment," Chimera's second licensee, has decided on the domain of www.BetVoodoo.com. It is anticipated that the Bet Voodoo Web site will be launched within the next 30-45 days. Keep your eyes on this company!
The stock closed yesterday at twenty-six cents a share.
In case you are not familiar with the company: Chimera Technology Corp. is a Nevada-based I-gaming software and e-Commerce services company competing in the over $6 billion annual online gaming marketplace, projected to be over $10 billion by 2004 according to Computer Almanac Industry. The Company is an international developer, licensor, and provider of online gaming products, including online Bingo, casino, Sports Book, and pari-mutuel betting. Chimera Technology Corp. has successfully developed a supreme multi-player online Internet Bingo technology, a second-generation world class pari-mutuel Sports Books wagering platform and a full line of online Internet casino games suite. In addition, the Company has developed its state of the art "BIRDS EYE" System, a complete back office management system that operates the entire e-commerce transactions, gaming websites, accounting system and licensees' management/reporting platform that is second to none, giving Chimera an opportunity to establish a leadership position in this enormous market.
Stocks showing interesting activity yesterday were: Greg Manning Auctions Inc. (Nasdaq:GMAI) up 18.3% on 986,200 shares traded, M-Wave Inc. (Nasdaq:MWAV) up 22.5% on 1.4 million shares traded and ebookers plc (Nasdaq:EBKR) down 30.4% on 1.7 million shares traded.
Commentary: The Economy
"Consumer prices rose 0.2% in February, giving signs that inflation still remains low. A Manpower survey, a company that staffs temp employees, found that 28% of U.S. employers plan to add workers in the second quarter. Federal Reserve policy makers last week left the 1% interest rates alone citing 'patients' regarding inflation, unused factory capacity, and lingering unemployment," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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