WESTON, Fla., Nov. 16, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Environmental Technologies International Inc. (Pink Sheets:EMTI), Liberty Media Corp. (NYSE:L), Wal-Mart Stores (NYSE:WMT) and Sirius Satellite Radio (Nasdaq:SIRI).
Aggressive investors and traders will be watching Environmental Technologies International Inc. (Pink Sheets:EMTI) this morning! Yesterday after the markets closed, the company issued a press release announcing that operating results of its proprietary AWE building-environment system in prototype installations, plus other engineering and laboratory assessments, indicate that the AWE system may be the most economic and effective solution to Sick Building Syndrome - 'SBS' as it is now referred to throughout the commercial building industry!
This might prove to be good news for investors! According to the press release, OSHA, the Occupational Safety and Health Administration, has estimated that indoor pollution affects 21 million people a year in the United States, and that, although complying with standards to improve Indoor Air Quality (IAQ) may cost as much as $8 billion a year, it will be offset by $15 billion in annual savings from increased worker productivity, fewer sick days, and lower healthcare costs. As well, the OSHA estimates that 1,400,000 buildings in the United States have indoor air problems - representing an enormous, multibillion-dollar target market for the Company's proprietary AWE technology.
Investors watch this one! The press release also states that the company's AWE technology has the demonstrated ability to virtually eliminate building mold. It will materially improve Indoor Air Quality with a system that will significantly reduce electrical costs, thus paying for its installation in the near term, and lowering overall building operating costs over the long term!
The stock closed yesterday at Seven cents a share.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Liberty Media Corp. (NYSE: L) up 2.1% on 14.2 million shares traded, Wal-Mart Stores, Inc. (NYSE: WMT) up 1.5% on 10.3 million shares traded and Sirius Satellite Radio (NASDAQ: SIRI) up 6.7% on 113.9 million shares traded.
Commentary: "Business news publisher Dow Jones & Co. said on Monday it is acquiring MarketWatch Inc., an online financial news and information provider, for $519 million in cash, broadening the company's presence in the growing realm of online advertising. Dow Jones is already a big player in financial news on the Internet with the online edition of The Wall Street Journal, which is the largest subscription news site on the Web," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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