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Wall Street Capital Funding: Top Five Stocks for Tuesday Mor

Espaço dedicado a todo o tipo de troca de impressões sobre os mercados financeiros e ao que possa condicionar o desempenho dos mesmos.

Wall Street Capital Funding: Top Five Stocks for Tuesday Mor

por Kid Louco » 19/8/2003 14:39

Weston, FLA., Aug 19, 2003 (M2 PRESSWIRE via COMTEX) -- Wall Street News
Alert`s "stocks to watch" this morning are: North Star Diamonds, Inc. (OTC:
NSDM), Amazon.com (NASDAQ: AMZN), Novellus Systems (NASDAQ: NVLS), Brocade
Communications (NASDAQ: BRCD) and Capstone Turbine (NASDAQ: CPST).

The stock of North Star Diamonds, Inc. (OTC: NSDM) may have the potential for a
big move this morning! Yesterday after the markets closed, the company issued a
press release stating that it has now completed a detailed scale aeromagnetic
survey of the Glumcha area in Western Ukraine. The Company recently announced
the confirmation of lamproite on the Glumcha Structure (see News Release August
14) and the intention to drill a further minimum nine holes. This drilling will
now commence based on the new information provided by the survey. The
confirmation of lamproite is an important as these rocks are a potentially
diamond bearing type of ultramafic rock closely related to kimberlite. Last
week, North Star announced preliminary laboratory results from drill core
samples associated with the company's exclusive diamond exploration rights to 60
million acres (93,750 square miles) in the Ukraine under a contiguous land
position that encompasses nearly 200 diamond targets. North Star is a rapidly
growing company focused on the discovery of commercial diamond deposits in the
Ukraine. Keep your eye on the company's stock!

Other stocks showing interesting activity yesterday were: Amazon.com Inc.
(NASDAQ: AMZN) up 7.2% to $43.02 on 11.1 million shares traded, Novellus Systems
Inc. (NASDAQ: NVLS) up 7% to $38.22 on 8.2 million shares traded, Brocade
Communications Sy (NASDAQ: BRCD) up 1.9% to $5.64 on 7.9 million shares traded
and Capstone Turbine Corp (NASDAQ: CPST) up 2.8% to $1.79 on 10 million shares
traded.

Commentary "It is the baby steps the economy has taken that are helping to
bolster the markets. Here are some examples: The University of Michigan`s
economic forecast looks for a healthy growth for the last remaining months of
2003 and a good prognosis for 2004. Inflation is still remaining in check and
few economists expect any drastic changes for the rest of this year with both
CPI and PPI a non-threat for the month of July. Interest rates, at 1.0% for the
overnight rate, remain a big factor for companies and individuals. Anyway you
factor the economy, the statistics show a slow and steady trend in the right
director according to many forecasters," Stated Sonja Rudd in Wall Street News
Alert`s daily commentary continued at:

WSNA's email alert service is free to those investors who sign up on the WSNA
home page. The alert service is designed to notify investors of undervalued and
often overlooked stocks. Subscribers are introduced to Special Situation
companies that have the potential of showing increased activity and gains in
their securities. The Wall Street News Alert home page has experienced over 6.6
million hits.
Kid Louco
 

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