WESTON, Fla., April 20, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Wellstone Filters Inc. (OTCBB:WLSF), Zonagen Incorporated (Nasdaq:ZONA), Microtel International Inc. (OTCBB:MCTL) and Digital River Inc. (Nasdaq:DRIV).
Aggressive investors will want to take another look at Wellstone Filters Inc. (OTCBB:WLSF) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has completed further refinements of its compound and will be shipping the new and potentially more selective formulation of the compound to major tobacco companies, tobacco research centers and filter manufacturers!
Once again, this could be great news for investors! According to the press release, these companies and research centers want a compound targeting specific carcinogenic elements. Wellstone's Vice President of Research, Dr. John Smart, PhD and his staff have completed the refinements in Wellstone's Richmond Virginia laboratories. Wellstone's compound has been under development for approximately 6 years.
Keep watching this company! The release states that independent FTC analysis has shown that the Wellstone Filter can currently eliminate 25% of "across the board" carcinogenic compounds with a mere 50 milligrams of our granules. A truly "lighter" cigarette can be made by simply inserting more granules.
Wellstone's target markets are major tobacco companies, tobacco research centers and filter manufacturers, all wanting a compound that targets specific carcinogenic elements.
The stock closed yesterday at $2.64 a share.
In case you are not familiar with the company: Wellstone Filters states that it has developed and patented a filter that effectively removes carcinogens and other toxins produced when tobacco is smoked -- without removing the compounds responsible for the pleasurable effects of smoking. Wellstone seeks to promote material for cigarette filters that will enable major cigarette manufacturers to provide consumers with an equally enjoyable cigarette with substantially fewer carcinogens.
Stocks showing interesting activity yesterday were: Zonagen Incorporated (Nasdaq:ZONA) up 27.9% on 515,800 shares traded, Microtel International Inc. (OTCBB:MCTL) up 16.3% on 1 million shares traded and Digital River Inc. (Nasdaq:DRIV) up 27.6% on 5.1 million shares traded.
Commentary:
"Today will see economic reports on the index of leading economic indicators, and Friday a report on durable goods. Each will take the pulse of the various factors of the economy and will be closely scrutinized by economists," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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