Wall Street News Alert -- Daily Investment Watch for December 17, 2003!
WESTON, Fla., Dec. 17, 2003 (PRIMEZONE) -- Wall Street capital Funding's "Stock List" this morning covers the following: Environmental Technologies, Incorporated (Other OTC:EMTI), Johnson & Johnson (NYSE:JNJ), Advanced Micro Devices I (NYSE:AMD) and DoubleClick Inc. (Nasdaq:DCLK).
Aggressive investors will be watching Environmental Technologies, Inc. (Other OTC:EMTI) this morning! Yesterday after the markets closed, the company issued a press release announcing the completion of the first stage of an ongoing, multi-stage funding package that will finance product development and commercial market introduction of the company's Kinder Finder and related Finder technology-based products!
This is big news for investors! The company's products currently being developed for specific market applications include short and long-range detection devices that can be hidden in clothing, or on valuables, and that will emit signals to loved ones or owners of articles. The technology provides a capability that is ideal for families living in fear of their children being kidnapped, or of having elderly family members, suffering from dementia or any other form of memory loss, wander off aimlessly without their loved one's knowledge. Alarmingly, kidnapping in North America has risen to an all-time high of over 800 persons per day! The introduction of a device that will be embedded in credit cards, passports, etc, to thwart theft and quickly locate lost cards is expected to follow.
The press release also announced that Computer Guard, a spin-off of its Gadget Finder technology, will be fast-tracked for a nationwide market introduction early in 2004! An estimated 1,600 laptop computers are stolen every day in the United States! The FBI estimates that 97% of stolen computer equipment is never recovered. The value of all stolen computer hardware ($5 billion annually), is just the tip of the iceberg. Valuable data contained on stolen laptops is estimated by Safeware Insurance (a major computer insurer) to be several times the value of the computers themselves (i.e. $15 billion in 1997 but much more today!). Laptops account for an estimated 80- 90 % of total computer hardware theft.
Mr. John Hedges, President of Environmental Technologies, noted, "final testing of Computer Guard, which addresses a multi-billion dollar computer theft market, will commence within three weeks and, if test results are as positive as we anticipate, the Company foresees an early product launch, possibly before the end of the first quarter."
Consisting of an on-board electronic device, a remote key (a synched RF transmitter), and software that provides both back-up access and initiating protocols, Computer Guard will automatically shut down the host unit, freezing the hard drives and locking out entry to anyone but the authorized user. Essentially, the Computer Guard System protects the user's information by rendering the computer useless whenever the authorized user is away from the machine. Importantly, the Company's Computer Guard System will retail for approximately $50.00, an extremely attractive price when compared to most laptop security devices in the marketplace.
Keep your eye on this company as it continues to issue impressive news! The stock closed yesterday at just over sixteen cents a share.
Other stocks showing interesting activity yesterday were: Johnson & Johnson (NYSE:JNJ) down .08% on 10.5 million shares traded, Advanced Micro Devices I (NYSE:AMD) down 2.5% on 15.2 million shares traded and DoubleClick Inc. (Nasdaq:DCLK) up 1% on 3.1 million shares traded.
Commentary: "It's the economy, stupid."
"An array of economic news helped to lift the markets yesterday. Industrial production for November rose 0.9 percent, the best in four years, according to the Federal Reserve. Additionally, capacity utilization rose from 75.1 to 75.7 percent, the best in a year," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: .
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