MIAMI, March 15, 2005 (PRIMEZONE) -- Stock Market Alert`s watch list includes: DC Brands International (Pink Sheets:DCBI), Office Depot (NYSE:ODP), eBay Inc. (NASDAQ:EBAY), and Lucent Technologies Inc. (NYSE:LU).
DC Brands International (Pink Sheets:DCBI) should have investors' full attention as the company continues to grow. As a result of this growth, company President and CEO Dick Pearce announced that they have engaged the services of Management Resources International of Plantation, Inc. (MRI) to assist in the recruitment process of additional executives and senior level sales staff. Before the news was released, the company's stock closed at seventy-three cents a share.
"We feel we are on a roll and poised for great things, in that the acceptance, indeed demand for the product is there. I now believe our biggest challenge for the foreseeable future will be properly managing and planning our growth. That means, surrounding ourselves with people a lot smarter than myself, which has never been a problem in the past," says Mr. Pearce.
The press release stated that over the next twelve to eighteen months, they are looking at as many as eight executive level sales positions to oversee their teams in the field that work directly with their distributors. The company wants battle-hardened industry people that have direct experience in the energy drink/functional beverage field.
The press release also stated they are also looking at a move with our current CFO, Jeremy Alcamo, who is extremely talented and a vital part of their plans for the future. This summer they plan to move Mr. Alcamo in to a comptroller role and find a more senior recruit with vast experience in running public companies to take over the CFO position.
DC Brands International markets its Dickens Energy Cider through an ever-growing network of established distributors across the country as well as a line of appeal and other merchandise emblazoned with eye-catching logos.
Other Stocks of interest yesterday were: Office Depot, Inc. (NYSE:ODP) up 8.1% on 17.4 million shares traded, eBay Inc. (NASDAQ:EBAY) down 4.6% on 43.2 million shares traded, and Lucent Technologies Inc. (NYSE:LU) up 0.3% on 35.4 million shares traded.
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