WESTON, Fla., May 2, 2005 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Tubac Holdings, Inc. (Pink Sheets:TBAH), Wal-Mart Stores, Inc. (NYSE:WMT), ChevronTexaco Corp. (NYSE:CVX) and Texas Instruments Inc. (NYSE:TXN).
Aggressive investors and day traders may begin to take a look at Tubac Holdings, Inc. (Pink Sheets:TBAH) this morning! Friday after the markets closed, the company issued a press release announcing that subsidiary Chef Selections, Inc. will utilize an innovative network marketing approach to sell its world class gourmet/specialty food products.
This could be good news for investors! Capitalizing on this rising trend to take a novel, fresh approach to sales and marketing, Chef Selections will use the in-home party direct selling method to bring together good food, good friends and financial success. Chef Selections will sell lines of proprietary gourmet delights as well as those from small manufacturers looking to establish distribution channels for their high quality, small batch items. The company is targeting the $45 billion specialty foods market, which is the fastest growing segment of the $650 billion food and beverage industry.
According to recent studies, 500,000 new millionaires emerged in the United States in the last five years, and 100,000 of them came from the network marketing industry. With corporate downsizing, at-home parents looking to supplement family incomes, the explosion of home-based businesses, and the ease and reach of Internet-based technology, market conditions are ideal for networking. Each week 45,000 people are entering the direct selling arena.
"The time is right for network marketing and Chef Selections has the perfect product offering for a direct sales distribution channel," said Harold Tanner, President and CEO of Tubac. "The company's value proposition is based on delivering distinctive, high quality gourmet foods through a network of independent salespeople motivated by what we feel is the best compensation plan in the industry. It is a recipe for spectacular success."
Investors continue to watch the progress of Tubac Holdings! On Thursday, the company announced that it has completed the acquisition of major equity positions in four exciting publicly traded companies: SANDOIL, Inc., New Life Solutions, Inc., Kachina Gold Corporation and Chef Selections, Inc. According to the press release, Tubac is currently negotiating with other potential acquisition targets as well.
For more in-depth coverage of Tubac Holdings, visit http://www.backissuesofnewsalerts.us/TBAH0501.html
Prior to Friday's press release, the stock closed yesterday at around Three cents a share.
In case you are not familiar with the companies: Tubac Holdings, Inc. is a holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Tubac finds undervalued small and microcap businesses with innovative products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an equity stake in standout emerging growth companies creates assets and drives shareholder value for Tubac, and the diversified holding company organizational structure and range of industries provides diversity of risk. For more information please visit Tubac's website at www.tubacholdings.com.
Chef Selections, Inc., a publicly traded Colorado company, markets high quality specialty/gourmet foods through a network of highly motivated independent salespeople. The company is implementing an innovative market strategy that embodies the best of direct selling combined with the explosive power of network marketing and the appeal of gourmet home cooking.
Stocks showing interesting activity Friday at the close of the regular trading day were: Wal-Mart Stores, Inc. (NYSE:WMT) up 0.1% on 17 million shares traded, ChevronTexaco Corp. (NYSE:CVX) up 1.6% on 14.2 million shares traded and Texas Instruments Inc. (NYSE:TXN) up 1.4% on 12.8 million shares traded.
Commentary: "The results of the world's four largest oil companies illustrate just how well the industry has fared lately. Since the end of 2003, Royal Dutch/Shell Group of Cos., BP Group PLC, Exxon Mobil Corp. and ChevronTexaco Corp. have earned a combined $97 billion, including $23.8 billion during the first three months of this year," 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