WESTON, Fla., March 31, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Rapid Recovery Health Services Incorporated (Pink Sheets:RPRV), EMC Corporation (NYSE:EMC), Pfizer Inc. (NYSE:PFE) and Time Warner Inc. (NYSE:TWX).
Aggressive investors and day traders may be excited about Rapid Recovery Health Services Inc. (Pink Sheets:RPRV) again this morning! Yesterday after the markets closed, the company, a mobile ESWT program serving over 1200 physicians along the East Coast, issued a press release announcing plans to begin their expansion into the Maryland area.
This could be additional good news for investors! The company recently met with many key players in the Maryland area and plans to enter the market by May 2005.
"The Maryland area gives us a great opportunity to expand our services and we expect to create strong revenue growth from providing the treatment program to local physicians," stated Mr. Warantz, "We also continue to add more physicians to our existing areas everyday, this is an exciting time for our company," he added.
Investors continue to watch this company's progress! ESWT is a treatment designed to treat tendonapothies throughout the body that would otherwise require surgical treatment. Based on the demographics of our national population, wide-spread historical statistics on tendon-related ailments and coverage from insurance carriers, the Company conservatively estimates there is a market demand for over 15 million treatments per year. This figure represents approximately 10% of the existing surgical markets of patients with insurance coverage that pays for ESWT. In other words, based on the current mix of insurance payers, with as little as a 10% market penetration into the existing surgical market for patients suffering from tendonapothies, there is a market for 1.25 million procedures per month. The Company sees this figure increasing by 300% - 500% over the next 18 - 36 months as more insurance carriers begin to initiate coverage for ESWT.
For more in-depth coverage of Rapid Recovery, visit http://www.backissuesofnewsalerts.us/RPRV0329.html
Prior to yesterday's press release, the stock closed yesterday at Thirty cents a share.
In case you are not familiar with the company: The Company has established a mobile ESWT Program that contracts with over 600 physicians in the NY-NJ-CT Tri-State area and is the exclusive source for low energy ESWT treatment. The mobile program is currently generating in excess of $250,000 in monthly revenue with five systems providing treatment. The Company is interested in establishing mobile routes in the top 100 market areas throughout the United States.
Stocks showing interesting activity yesterday at the close of the regular trading day were: EMC Corporation (NYSE:EMC) up 3.4% on 15.8 million shares traded, Pfizer Inc. (NYSE:PFE) up 2.5% on 21.7 million shares traded and Time Warner Inc. (NYSE:TWX) up 1.1% on 15.7 million shares traded.
Commentary: "The Commerce Department gave the final tally of the GDP for the 4th quarter of 2004. The 3.8 percent of growth fell within expectations and kept markets and economist happy. There were some fears of too much growth and then a fear of inflation," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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-0- Wall Street News Alert Roy Campbell Contact email: info@wallstreetnewsalert.com URL: http://www.wallstreetnewsalert.com