WESTON, Fla. June 2, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: EnXnet Inc. (OTCBB:EXNT), Evergreen Solar Incorporated (Nasdaq:ESLR), One Voice Technologies Inc. (OTCBB:ONEV) and Blue Nile Inc. (Nasdaq:NILE).
Aggressive investors and traders will be looking at EnXnet Inc. (OTCBB:EXNT) again this morning! Yesterday after the markets closed, the company issued a press release announcing that it has received substantial interest in its EnXCase (Patent Pending) package designed for its DVDplus(c)/OneDisc(tm) dual sided DVD/CD discs!
This could end up being great news for investors! A number of recording labels are negotiating with EnXMedia (the media supplier division of EnXnet) for delivery of a variety of albums with music on the CD side and music videos on the DVD side. The distinctive design of the EnXCase (Patent Pending) with its round top, much like that of a Wurlitzer jukebox, provides easy visual identification of the albums on retail displays. The conventional DVD/CD packaging now in the marketplace has not seen a significant change in the case design in quite some time. EnXcase (Patent Pending) has been developed primarily to enhance consumer recognition of the DVDplus(c)/OneDisc(tm) product line. Its unique shape will immediately identify the product as a DVDplus(c)/OneDisc(tm) disc. Included in the design of the EnXCase is an anti-theft feature, which makes it significantly more difficult to steal the disc without completely removing the outer wrapping and opening the case.
Keep your eyes on this company! Based on discussions with various record labels the Company anticipates delivering adequate volumes of DVDPlus(tm)/OneDisc(tm) dual sided DVDs/CDs in EnXCases (Patent Pending) to meet their weekly releases of new albums. The Company is completing arrangements for the manufacture of the EnXCase (Patent Pending) to make it available to meet the anticipated demand starting in the third quarter (calendar) of this year. New albums releases are generally produced in initial volumes of 20,000 to 50,000 units or more each.
The stock closed yesterday at sixty-five cents a share.
Stocks showing interesting activity yesterday were: Evergreen Solar Inc. (Nasdaq:ESLR) up 6.9% on 909,400 shares traded, One Voice Technologies Inc. (OTCBB:ONEV) up 22.3% on 17.7 million shares traded and Blue Nile Inc. (Nasdaq:NILE) up 6.2% on 701,800 shares traded.
Commentary:
"Tuesday the new Medicare drug discount card goes into effect. Estimates are the cards offer around 11-17% off retail for brand names and 30-60% off generics. Price comparisons, as there are dozens of cards, can be found at www.medicare.gov," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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