WESTON, Fla., Feb. 20, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: FemOne, Inc., (OTCBB:FEMO), Creative Host Services Inc. (Nasdaq:CHST), GraphOn Corporation (Nasdaq:GOJO) and Vicom Incorporated (Nasdaq:VICM).
Aggressive investors may want to watch FemOne, Inc., (OTCBB:FEMO) again this morning! Yesterday after the markets closed, the company issued a press release announcing that it has reached an agreement with Energy Transfer Corporation to distribute a revolutionary quantum-physics based technology named "BIOTRON"!
This could be huge news for investors! The deal assures FemOne, Inc. the exclusive distribution rights to the technology in the U.S., Canada and Mexico.
According to the press release, a renowned German scientist and his team of researchers developed the technology that FemOne will be distributing through its newly formed "BioPro Technology" Division. The technology was designed to harmonize/neutralize dangerous electromagnetic frequencies into harmless waves that can be absorbed by our bodies, helping to prevent long-term health risks associated with harmful radiation.
The first practical application selected by FemOne for the multi-purpose technology is the area of harmonization/neutralization of electromagnetic radiation emitted by Cell Phones. Since the evidence that Cell Phone radiation poses significant long-term health risks has been mounting over the past few years, consumers are looking for protection from these risks. "There are currently 145 million Cell Phone users in North America that need what we have. The market potential for the initial application of this technology is amazing," said FemOne's CEO Ray W. Grimm. He adds: "What convinced us to obtain the North American rights to this fascinating technology was the research that shows it works." Independent studies confirmed the effectiveness of the BIOTRON technology by exposing individuals to Cell Phones without the BIOTRON technology and comparing their energy and stress levels to when they used the identical phones with the BIOTRON technology. "The difference was astounding..." said Grimm.
The stock closed yesterday at $1.27 a share.
In case you are unfamiliar with the company: FemOne, Inc. is a Carlsbad, California based direct-selling company with distribution in the United States and Canada.
Stocks showing interesting activity yesterday were: Creative Host Services Inc. (Nasdaq:CHST) up 21.3% on 906,400 shares traded, GraphOn Corporation (Nasdaq:GOJO) up 14.4% on 1.1 million shares traded and Vicom Incorporated (Nasdaq:VICM) up 11.5% on 650,900 shares traded.
Commentary: The Economy
Boring, basic, and mentally burdensome, here are some economic numbers being watched by the bean counters. The Philly Fed manufacturing numbers fell from 38.8 to 31.4% in January, signaling a drop in that sector. Economists were expecting the index to fall to 36.1%, however, despite a drop; the index has been above zero for nine straight months, signaling an expansion in the sector. Some economists see this as a boon and a factor signifying that the manufacturing sector is slowly growing amid rising demands by low inventories and companies cautiously expanding. http://www.WallStreetNewsAlert.com.
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