14.9% Average Move For Top Five Down Momentum Nasdaq Stocks Covered By EquityAlert.com.BURNABY, British Columbia--(BUSINESS WIRE)--June 11, 1999-- EquityAlert.com (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: EINC EINC Equivalent Input Noise Current ) During the trading day of June 10, 1999, subscribers to EquityAlert.com, America's fastest growing and free online trader exclusive community, received coverage on 119 different companies with percentage moves as high as 42.9%. EquityAlert.com offers the experienced trader a broad suite of free trading tools, including quotes, sophisticated trading screens, customizable interactive intra-day trading charts, a peer group consensus of the best upcoming trading opportunities, and EquityAlert.com's proprietary, "real time" commentary of the reasons behind the biggest movers of the day while they're happening - allowing accomplished investors to take advantage of hourly and daily trading momentum. During the trading day of June 10, active subscribers to EquityAlert.com received "real time" proprietary commentary and information on a number of down momentum issues. The top five down momentum issues on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on covered by EquityAlert.com, which had an average move of 14.9%, are listed below: DIGITAL RIVER (NASDAQ: DRIV DRIV Drive (street type) ) - Digital River recently announced that it would partner with Cognicity to deliver its AudioKey watermarking tools online. Digital River will host Cognicity's Web-commerce site, as well as make AudioKey(TM) products electronically available through Digital River's network of over 1,000 online retailers. Digital River provides comprehensive electronic commerce outsourcing solutions to software publishers and online retailers. The Company derives its revenue primarily from sales of third party software. For the 3 months ended 3/99, sales rose from $2.3M to $11.7M. Net loss rose from $1.6M to $5.3M. In the past 12 months, Digital River has seen a low of $5.00 and a high of $61.375.Digital River shares trade a daily average volume of 880,000. CHROMATICS chro·mat·ics n. (used with a sing. verb) The scientific study of color. chro ma·tist n. COLOUR SCIENCES (NASDAQ: CCSI CCSI Computer & Control Solutions, IncCCSI Cisco Certified Systems Instructor (training qualification) CCSI Canadian Centre for Swine Improvement CCSI Contemporary Control Systems, Inc CCSI Channel Coding with Side Information ) - The Company researches, develops and commercializes certain intellectual property rights and technology in the color science field for the medical, dental, biological, cosmetics, beauty-aid and fashion industries. For the FY ended 12/98, revenues rose 67% to $419K. Net loss rose 44% to $7.3M. n the past 12 months, Chromatics Color Sciences has seen a low of $2.375 and a high of $14.4375. Chromatics Color Sciences shares trade at a beta of 3.40 with a daily average volume of 250,000. EIDOS PLC (NASDAQ: EIDSY) - USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. Piper Jaffray recently downgraded Eidos plc from a buy rating to a hold. For the quarter and year ended March 31, 1999, the Company generated revenues of 57.2 million pounds ($92.0m), and 226.3 million pounds ($364.3m) for the full year, an increase of 65% on the previous year. On a US GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). basis the Company's profit before tax for the quarter ended March 31, 1999 was 2.1 million ($3.3m) bringing the total for the year to 31.2 million pounds ($50.3m) compared to 0.1 million pounds in 1998. This resulted in earnings per share of 9.1p (14.7c) for the quarter and 102.5p (165.0c) for the full year compared to a loss of 32.6p last year. Eidos plc is a software developer, developing interactive video and computer games. The Company is one of Europe's largest publishers and developers of entertainment software. The Eidos group includes Eidos Interactive, Glassworks glass·work n. 1. a. The manufacture of glassware or glass. b. The cutting and fitting of glass panes; glaziery. 2. See glassware. 3. glassworks (used with a sing. and Eidos Technologies. In the past 12 months, Eidos has seen a low of $9 and a high of $39.0625.Eidos shares trade at a beta of 1.87 with a daily average volume of 133,500. AMRESCO INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. (NASDAQ: AMMB) - The Company engages in the business of real estate lending, commercial finance and the acquisition, resolution and servicing of non-performing and under performing commercial loans. For the 3 months ended 3/99, revenues rose 21% to $170.3M. Net income fell 27% $10.2M. In the past 12 months, Amresco has seen a low of $1.3125 and a high of $34.25. Amresco shares trade at a beta of 1.80 with a daily average volume of 790,000. INSpire Insurance Solutions (NASDAQ: NSPR NSPR Netscape Portable Runtime (platform-neutral API) NSPR National Society of Pershing Rifles (US drill team organization ) - The Company is a provider of policy and claims administration and information technology outsourcing Information Technology Outsoucing or ITO is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in refence to Business Process Outsourcing or BPO, which is the outsourcing of the work that does not require so much services to the property and casualty insurance industry. For the three months ended 3/99, revenues rose 71% to $31.4 million. Net income rose 47% to $3.4 million. Revenues reflect increased outsourcing services revenues. Earnings were partially offset by increased staff and equipment expenses.In the past 12 months, INSpire Insurance Solutions has seen a low of $12.50 and a high of $35.375. INSpire Insurance Solutions shares trade a daily average volume of 131,100. (13.53%) ABOUT EQUITYALERT.COM EquityAlert.com, a wholly owned online asset of EquityAlert.com, Inc. (Symbol: EINC), was developed exclusively for sophisticated, active online investors. Subscribers to EquityAlert.com's FREE service enjoy a broad suite of trading tools, including quotes, sophisticated trading screens, customizable interactive intra-day trading charts, a peer group consensus of the best upcoming trading opportunities, and EquityAlert.com's proprietary, "real time" commentary of the reasons behind the biggest movers of the day - while they're happening - allowing accomplished investors to take advantage of hourly and daily trading momentum. Experienced traders are able to search EquityAlert.com's exclusive archived database of the top moving stocks on the NYSE NYSE See: New York Stock Exchange , NASDAQ (NMS See NetWare Management System. , Small Cap and OTC BB), AMEX AMEX See: American Stock Exchange and test their own unique trading theories, develop new strategies or create private trading screens. Active traders can also hone their trading skills against the best traders in the business by entering EquityAlert.com's weekly Trader's Challenge. Each week $1000 will be paid to the trader with the best performing portfolio and $2000 to the individual who referred the weekly winner to EquityAlert.com's Trader's Challenge. For additional information or to become a FREE subscriber to EquityAlert.com, please contact Chloe Jackson at 604-659-5009 visit our website at http://www.equityalert.com . This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and section 21E of the Exchange Act of 1934 and is subject to safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by these sections. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its services and future customer acceptance for these services. |
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