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Diamond Entertainment Corporation Receives Recommendation from StockBible.com.


Business Editors

WALNUT, Calif.--(BUSINESS WIRE)--Jan. 24, 2002

Diamond Entertainment Corporation, dba e-DMEC (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DMEC DMEC Developed Market-Economy Countries (United Nations Conference on Trade and Development)
DMEC Dry Mateable Electric Connection
), has been featured by StockBible.com as an Aggressive Buy Recommendation for risk-tolerant investors.

The report cited Diamond's recent turnaround, improved balance sheet, and potential for $100 million in annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 revenue within three years.

The complete recommendation can be found at www.stockbible.com.

About StockBible.com

Investors all over the world use StockBible.com for the industry's latest news on undiscovered and undervalued Undervalued

A stock or other security that is trading below its true value.

Notes:
The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating.
 small cap equities. Why small cap equities? Because over time small cap equities have shown to be consistent performers (especially when compared to other segments of the market), offering investors compelling opportunities within a high risk, high return scenario.

About Diamond Entertainment Corporation

Diamond markets & sells videocassette A removable magnetic tape module for storing video data. The cassette contains supply and takeup reel (hubs) in the same housing. See VCR.  and DVD DVD: see digital versatile disc.
DVD
 in full digital video disc or digital versatile disc

Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology.
 (Digital Video Disc See DVD.

Digital Video Disc - Digital Versatile Disc
) titles to the budget home video & DVD markets through national & regional mass merchandisers, department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , drug stores, supermarkets, and other similar retail outlets. Diamond's other product and services include sundry and general merchandise and contract Replication & Duplication Services.

This news announcement contains certain forward-looking statements and information relating to the Company that are based on the beliefs of the Company or management as well as assumptions made by and information currently available to the Company or management. When used in this news announcement, the words "anticipate," "believe," "expect," "estimate" and "intend" and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties in this announcement and in the Company's Forms 10-KSB for the year ended March 31, 2001, filed June 29, 2001, Form 10-QSB for the quarters ended September 30, 2001, June 30, 2001, December 30, 2000 and September 30, 2000, and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein noted or in its SEC filings.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 24, 2002
Words:370
Previous Article:Global Sports Announces Fourth Quarter and Year-End Fiscal 2001 Conference Call.
Next Article:Bemis Company Announces a 16% Increase in 4th Quarter EPS.



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