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TheSUBWAY.com Inc.: Market Alerts for Tuesday, September 16, 2008:
PSTI Technical Signals!
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:16092008
TheSUBWAY.com: Names the following stocks to its Stock Alerts List:
Pluristem Therapeutics Inc. (Nasdaq: PSTI), Cisco (NASDAQ: CSCO),
Napster, Inc. (Nasdaq: NAPS), Microsoft Corp. (Nasdaq: MSFT), Take-Two
Interactive Software, Inc. (NASDAQ: TTWO), Best Buy Co., Inc. (NYSE:
BBY) .
Visit TheSUBWAY's Small Cap Investor Forum Here:
http://investor-forum.thesubway.com/
Pluristem Therapeutics Inc. (Nasdaq: PSTI), announced today the
successful conclusion of its pre-clinical efficacy studies utilizing
PLX-PAD prior to the initiation of human clinical trials. PLX-PAD is
Pluristem's cellular product for the treatment of critical limb
ischemia (CLI), the end stage of Peripheral Artery Disease (PAD).
Zami Aberman, Pluristem's President and CEO commented, "These final
PLX-PAD efficacy studies show impressive new vessel formation and may
bring hope to millions of people suffering from complications of
diabetes, Buerger's Disease and smoking where insufficient blood flow
to their lower legs places them at risk of amputation. The successful
completion of the PLX-PAD pre-clinical efficacy trials, in accordance
with the regulatory authority's requirements, validates the results we
obtained in our previous studies with this product and gives us
assurances that allogeneic adherent stromal cells will be efficacious
for this disorder. This was our final pre-clinical efficacy study using
PLX-PAD and we now intend to commence human trials, following receipt
of the necessary regulatory approvals."
Technical analysts believe a narrowing of the Bollinger Bands around a
Company's stock price suggests a significant movement will soon occur.
With PSTI, the bands could not be any narrower. The last two times they
approached this level, the stock saw an upswing of over 216% and 60% in
share price.
Other stocks highlighted include:
Cisco (NASDAQ: CSCO), down 5% on 55, yesterday announced new
standards-based video servers and Internet Protocol (IP) video
surveillance cameras, with application enhancements that improve
interoperability, user experience, storage and overall performance of
the Cisco Connected Physical Security system. The new products and
solutions use the IP network as a platform to manage applications such
as video surveillance, physical access control, and communications and
notification to help safety and security professionals better integrate
and manage complex video systems.
Napster, Inc. (Nasdaq: NAPS), up 86% on 20 million shares, announced
yesterday that its 2008 Annual Meeting of Stockholders, originally
scheduled to be held at 10:00 a.m. on Thursday, September 18, 2008, has
been postponed. The postponement was made in connection with the
announcement today that Napster has entered into a definitive merger
agreement to be acquired by Best Buy Co., Inc. If the merger is not
completed, Napster intends to reschedule the 2008 Annual Meeting of
Stockholders and notify stockholders of the date, time and location of
the rescheduled meeting.
Microsoft Corp. (Nasdaq: MSFT), down 3% on 82 million shares, yesterday
announced at Sibos 2008 that it is signing a global partnership
agreement with the Society for Worldwide Interbank Financial
Transactions (SWIFT). The announcement signifies a new, higher level of
close cooperation between the organizations, under which they will work
together to deliver deep industry value and simplify SWIFTNet
implementation for customers using Microsoft technology. It is a
mutual, commercially based agreement between the organizations and will
open further opportunities for financial service providers and midsize
to large corporations to quickly and easily connect to SWIFT.
Take-Two Interactive Software, Inc. (NASDAQ: TTWO), down 24% on 13
million shares, Monday responded to Electronic Arts Inc.'s
(NASDAQ:ERTS) announcement that it does not intend to pursue an
acquisition of Take-Two at this time. Strauss Zelnick, Chairman of the
Board of Take-Two, commented, "We remain focused on creating value for
our stockholders and our consumers. This has been our goal since EA
launched its conditional and unsolicited bid six months ago, a bid
which was repeatedly rejected by our stockholders. As part of that
commitment, we remain actively engaged in discussions with other
parties in the context of our formal process to consider strategic
alternatives. We're especially proud of the success we've enjoyed over
the past eighteen months and we remain confident in our ability to
generate value for stockholders."
Best Buy Co., Inc. (NYSE: BBY), down 2% on 9 million shares, and
Napster Inc. announced Monday that the two companies have entered into
a definitive merger agreement for Best Buy to commence a tender offer
for all outstanding Napster shares at a price of $2.65 per share in
cash. The transaction, with an aggregate purchase price of
approximately $121 million (or $54 million net of approximately $67
million in cash and short term investments of Napster as of June 30,
2008), is subject to customary closing conditions.
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All material herein was prepared by CRG Partners, Inc. (CRGP) based
upon information believed to be reliable. The information contained
herein is not guaranteed by CRGP to be accurate, and should not be
considered to be all-inclusive. The companies that are discussed in
this opinion have not approved the statements made in this opinion.
This opinion contains forward-looking statements that involve risks and
uncertainties. This material is for informational purposes only and
should not be construed as an offer or solicitation of an offer to buy
or sell securities. CRGP is not a licensed broker, broker dealer,
market maker, investment banker, investment advisor, analyst or
underwriter. Please consult a broker before purchasing or selling any
securities viewed on http://www.thesubway.com or mentioned herein. CRGP
has been compensated forty thousand shares for PSTI. CRGP intends to
sell its shares. CRGP and its web site are operated under a license
from Capital Research Group, Inc., TheSUBWAY.com Inc. and One Source
Solutions Inc. (Licensors) and CRGP is not the agent of any of the
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profit in the event those shares rise in value. CRGP will not advise as
to when it decides to sell and does not and will not offer any opinion
as to when others should sell; each investor must make that decision
based on his or her judgment of the market.
CONTACT: Joe Farrar, President, CRG Partners, Inc
Tel: +1 973 332 1366
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