WESTON, Fla., Oct. 26, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Absolute Glass Protection Inc. (OTCBB:ASLG), Lucent Technologies Inc. (NYSE:LU), Sun Microsystems, Inc. (Nasdaq:SUNW) and Pfizer Inc. (NYSE:PFE).
Aggressive investors and traders will be watching Absolute Glass Protection Inc. (OTCBB: ASLG) this morning! Yesterday after the markets closed, the company issued a press release announcing the recent sale of a new specialty dealership in the Southern California territory!
This is great news for investors! According to the press release, this new dealer, which the company has entered into an agreement with, is well established and educated regarding the automotive industry. This dealer will be initially targeting the automotive industry in the greater San Diego marketplace via the introduction of Absolute Glass Protection Inc.'s specialty line of safety and security film laminates.
The company offers a specialty line of safety and security film laminates for greatly increasing levels of glass protection for all types of motor vehicles. In addition, Absolute Glass Protection products offer an extremely affordable solution to the continuing problems of theft, car jacking, and smash and grab related crimes. This particular market will include buses, trains, boats and aircraft as well. This new dealership will also be targeting the governmental, industrial, business, new construction and residential markets for their glass protection needs in their marketplace.
Investors watch this one! Absolute Glass Protection Inc. is pleased that the sale of this type of dealership will advance the company's growth and sales potential, not only in the West Coast region, but throughout the United States and internationally as well. The company believes that the automotive applications for the company's safety and security film are a virtually untouched niche market. The company is focusing on obtaining additional new dealerships and/or individuals in other marketplaces to assist in representing, marketing, selling and installing Absolute Glass Protection Inc.'s line of glass-related safety and security films for the ultimate in glass protection.
The stock closed yesterday at around Twenty cents a share.
In case you are not familiar with the company: Absolute Glass Protection Inc. offers extreme glass protection levels for the protection of businesses, persons and their assets. Their products are an ultra high-tech and high-performance micro-thin safety and security laminated film combination with options of single or multiple layers to ensure your protection needs. These high-quality laminated films are tough, extremely durable and once applied to existing glass, creates a virtually penetration-resistant invisible shield. The combination of their unique film laminates to glass allows for the ultimate protection for government, industrial, commercial, residential and automotive glass available today.
The company's Web site features video clips demonstrating the features of its product line and detailed information for uses of the company's products in the glass safety and security arena. The company's Web site now features pictures and information on their unique Automated Lamination Equipment Division. For more information please visit www.aslg4you.com.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Lucent Technologies Inc. (NYSE: LU) down 0.8% on 34.6 million shares traded, Sun Microsystems, Inc. (NASDAQ: SUNW) up 1.2% on 26.1 million shares traded and Pfizer Inc. (NYSE: PFE) up 0.1% on 24.2 million shares traded.
Commentary:
"Steel magnate Lakshmi Mittal on Monday agreed to buy International Steel Group Inc. for $4.5 billion and merge it with his other assets, creating the industry's largest player at a time when steel prices are soaring," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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