RESEARCH ALERT -- Day Traders On-Line Issues Strong Buy Rating on Biospherics.MONTEREY, Calif.--(BUSINESS WIRE)--April 22, 1998--Day Traders On-Line has initiated coverage of Biospherics (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 :BINC BINC Bathurst Information and Neighbourhood Centre (Australia) BINC Bioinformatics National Certification Examination BINC Beta Incorporated (Montana State University music association) ) with a "Short Term and Long Term Strong Buy." Key points: -0- -- Biospherics is a diversified biotechnology and information services company. -- BINC is presently developing D-tagatose, a patented proprietary sugar substitute. Tagatose is the only non-fattening sweetener Sweetener A special feature added to a debt obligation or preferred stock to promote marketability. Notes: Warrants and convertibles are two popular sweeteners. See also: Convertible Bond, Kicker, Warrant Sweetener that tastes, looks, feels, and performs like table sugar. It can supply a major need for baked goods, ice cream, chocolates, chewing gum, and other food products that can't be met by the low-bulk of high-intensity sweeteners, such as aspartame aspartame: see sweetener, artificial. aspartame Synthetic organic compound (a dipeptide) of phenylalanine and aspartic acid. It is 150–200 times as sweet as cane sugar and is used as a nonnutritive tabletop sweetener and in low-calorie and saccharin saccharin (săk`ərĭn), C7H5NSO3, white, crystalline, aromatic compound. It was discovered accidentally by I. Remsen and C. Fahlberg in 1879. Pure saccharin tastes several hundred times as sweet as sugar. . -- Enormous potential for Tagatose. Projected market penetration would yield approximately $1.1 billion annually in the U.S. and Europe, $300 million per year in the Pacific Rim and $800 million per year in South and Central America. -- Stock currently trading 65 % Below 52 week high of 12 1/2. At current price of 4 1/2 BINC offers Huge potential upside. 4.5 million share float and 334,000 shares sold short as of March 1998. Near term price target of $15 to $20. -0- For further information on this and other short to medium term trading and investing ideas, please visit the company's website at http://www.daytraders.com or send e-mail to: info@daytraders.com CONTACT: DAY TRADERS ON-LINE, 408/649-4545 info@daytraders.com http://www.daytraders.com |
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