WESTON, Fla., Jan. 6, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: NetMusic Entertainment (Pink Sheets:NTMT), Pfizer Inc. (NYSE:PFE), Texas Instruments Incorporated (NYSE:TXN) and Charter Communications (NASDAQ:CHTR).
Aggressive investors and traders may want to start the new year by watching NetMusic Entertainment (Pink Sheets:NTMT) this morning! Yesterday after the markets closed, the company issued a press release announcing that it was spotlighted on CNBC's "Closing Bell" when Glen Starchman, NetMusic's CEO was interviewed as a featured commentator.
This exposure could mean great news for the company and its investors! The segment, which aired live Tuesday afternoon, January 4th, was rebroadcast again Wednesday morning on "Morning Bell". In the interview, when asked about the independent music marketplace, Mr. Starchman was quoted "up to 60% of all digital music sales are independent artists."
Starchman also pointed out that digital music services like NetMusic.com (http://www.netmusic.com/) give the independent artist national and even global exposure that would not be available to them trough traditional distribution markets.
Keep your eyes open for future developments and for more in-depth coverage of NetMusic, visit http://216.63.242.254/NTMT0105.htm
The stock closed yesterday at $2.50 a share.
In case you are not familiar with the company: Based in Edmonds, Washington, NetMusic Entertainment is a global digital media company focused on providing consumers entertainment on their own terms: anytime, anywhere. The company offers digital music downloads, digital jukeboxes, video-on-demand and online video rental services across the globe. NetMusic also offers the largest online collection of independent music in the world -- a licensed catalog of over one million tracks, incorporating 4000 plus labels.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Pfizer Inc. (NYSE:PFE) down 0.6% on 27.4 million shares traded, Texas Instruments Incorporated (NYSE:TXN) down 3% on 17.6 million shares traded and Charter Communications (NASDAQ:CHTR) down 2.1% on 14.2 million shares traded.
Commentary:
"New numbers for American factory orders for November showed that there was a strong increase by 1.2 percent. This was the largest increase in four months and analysts claim that the manufacturing sector was gaining momentum as the New Year begins. The Commerce Department released figures this week claiming that this number was even better that the 0.8 percent expected," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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