SARASOTA, Fla., June 22, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.:
Investors may want to keep an eye on HEE Corporation (Pink Sheets:HCCF), TASER(R) International, Inc. (Nasdaq:TASR) and Envoy Communications Group Inc. (Nasdaq:ECGI).
Tuesday's Alert:
HEE Corporation (Pink Sheets:HCCF) announced Monday that "Ron Brooks and Stan Casad will be departing tomorrow for the United Arab Emirates to begin receiving the company's first documented treatments for the potential cure of Type II Diabetes. Mr. Brooks and Mr. Casad will be under the care of the physician and developer of this revolutionary homeopathic treatment. Excitement is soaring as these men lead the way for tens of millions of potential patients. Sufferers of Type II Diabetes are waiting for an answer to this debilitating and deadly disease and Hee Corporation hopes to have it. This is the first step in determining that the treatment that HEE Corporation has the exclusive world wide distribution rights for is as effective as indicated." Investors can keep posted to our website for more breaking information as it becomes available. HCCF trades at around .14 a share. Go to http://www.hee-corp.com
Gaining big on the Nasdaq Monday was TASER(R) International, Inc. (Nasdaq:TASR), a market leader in advanced non-lethal weapons. TASER(R) announced on Monday an increase in its annual revenue growth guidance from 100% to 150% for calendar year 2004. Rick Smith, CEO of TASER International, Inc. stated, "After reviewing the first half of 2004 continuing levels of new business, we feel it is appropriate to increase our revenue growth forecast for the year." The stock ended at $30.45 Monday, up $4.68.
Also making gains on the Nasdaq Monday was Watt International, a wholly-owned subsidiary of the Envoy Communications Group Inc. (Nasdaq:ECGI)(Toronto Venture Exchange:ECG), announced Monday that its design of Sobeys Metro Market was awarded NASFM's grand prize in grocery at the GlobalShop 2004 Retail Design Awards ceremony. ECGI traded 12,534,677 shares Monday to end at a .57 share.
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