WESTON, Fla., Aug. 24, 2004 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Market Standouts List: Grand Entertainment & Music, Inc. (Pink Sheets:GENM), QUALCOMM Incorporated (Nasdaq:QCOM), Applied Materials Inc. (Nasdaq:AMAT), Brocade Communications Systems, Inc. (Nasdaq:BRCD).
Grand Entertainment & Music, Inc. (OTC:GENM) just announced that it has signed a letter of intent to acquire a 50% interest in JBS Rentals. Under the terms of the agreement, GENM will have an option to acquire the remaining 50% of the company within 18 months of contract signing. JBS Rentals is a profitable and well-known, private Canadian sound and lighting rental company.
The company has the capacity of supplying a 200-5,000 seat venue with total concept of lighting, sound and technician. Most recently in Montreal at the renowned Rialto Theatre, a 4,000 seat venue, JBS Rentals supplied total concept of lighting, sound and technician for the concert of internationally-acclaimed Atlantic Records artist Elephant Man.
Other stocks highlighted include QUALCOMM Incorporated (Nasdaq: QCOM): Stock Standouts List, Applied Materials Inc. (NASDAQ: AMAT): Stock Standouts List, Brocade Communications Systems, Inc. (Nasdaq: BRCD) Stock Standouts List.
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TheSUBWAY.com highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed.
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