WESTON, Fla., Oct. 7, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: GEMZ Corp. (Pink Sheets:GMZP), Netegrity, Incorporated (Nasdaq:NETE), Evolving Systems, Inc. (Nasdaq:EVOL) and Spectrum Signal Process (Nasdaq:SSPI).
Aggressive investors and traders will want to watch GEMZ Corp. (Pink Sheets:GMZP) this morning! Yesterday after the markets closed, the company issued a press release announcing that it provided additional details of its strategy for marketing consumer-oriented nanotechnology-based products.
This could be more good news for investors! GEMZ Corp. announced earlier that it will exclusively market a nanotechnology-based illuminated safety house number sign being developed by Terra Solar Development Corp. (TSDC). Mountable almost anywhere, without wires, the product will be marketed in versions for up to four and up to five numbers, and will be brightly visible day or night.
The company also announced that it is actively discussing the exclusive licensing of other unique, nanotechnology-based consumer products that can be marketed through our distribution channels.
Investors watch out for future developments! "Nanotechnology products that GEMZ Corp. wants to market are those where consumers are already using a product -- such as a cell phone, a laptop, or even sunglasses -- in great quantities, but nanotechnology provides exclusive and heretofore unavailable benefits," explained Mr. Ratzon Kochavi, President of GEMZ Corp. He added, "Even something as 'simple' as a tennis racquet can benefit from using carbon nanotubes to provide increased power and a newfound enjoyment of the game."
The stock closed yesterday at around a half a cent a share.
In case you are not familiar with the company: GEMZ Corp. is a publicly traded company located in New York City. For more information visit Its new corporate website is www.gemzcorp.net.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Netegrity, Inc. (Nasdaq:NETE) up 36% on 19.7 million shares traded, Evolving Systems, Inc. (Nasdaq:EVOL) up 15% on 1.6 million shares traded and Spectrum Signal Process (Nasdaq:SSPI) up 8.6% on 1.2 million shares traded.
Commentary:
"Fannie Mae executives and their regulator squared off on Wednesday, with executives denying any accounting irregularity and the regulator saying the housing finance company's management may need to go. Office of Federal Housing Enterprise Oversight Director Armando Falcon told a House of Representatives Financial Services panel the regulator was 'currently considering' if top Fannie Mae management changes are needed," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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