SARASOTA, Fla., July 7, 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) and Papa John's International, Inc. (Nasdaq:PZZA).
Wednesday's Alert:
HEE Corporation (Pink Sheets:HCCF) a company developing a treatment for Type II Diabetes announced that it would like to provide additional information for the second week of treatments for Ron Brooks and Stan Casad. Mr. Brooks' and Mr. Casad's sugar levels are continuing to decline toward "normal" levels following our previous announcements of the results of the Type II Diabetes treatments. In an earlier press release the company announced that Ron Brooks and Stan Casad departed for the United Arab Emirates to begin receiving the company's first documented treatments for the potential cure of Type II Diabetes. HCCF trades at around .30 a share. Go to http://www.hee-corp.com
Papa John's International, Inc. (Nasdaq:PZZA), an operator of carry-out restaurants, announced after the bell Tuesday its sales results for the month of June 2004.
The company said that domestic system wide comparable sales for the month of June increased 1.9 percent (composed of a 3.6 percent increase at company-owned restaurants and a 1.3 percent increase at franchise restaurants). The company also stated that domestic system wide comparable sales for the second quarter decreased 1.9 percent (composed of a 0.3 percent increase at company-owned restaurants and a 2.6 percent decrease at franchise restaurants), and that total system wide international sales increased 6.0 percent for June and 2.0 percent for the quarter, on a constant U.S. dollar basis, over the comparable periods last year.
Shares of PZZA closed Tuesday's regular trading session at $28.88, down $0.09
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