WESTON, FL -- (MARKET WIRE) -- 05/22/08 --
Wall Street News Alert's "stocks to watch" this
morning are: MSE Enviro-Tech Corporation (PINKSHEETS: MEVT), Home Depot
(NYSE: HD), Lowe's Companies Incorporated (NYSE: LOW) and General Dynamics
(NYSE: GD).
There is important news coming from MSE Enviro-Tech Corp. (PINKSHEETS: MEVT), and the company should have the attention of investors and traders
this morning. Yesterday, Market Advisor's issued coverage of MEVT with an
Intermediate Term Price of $1.15 a share.
An excerpt from the Report states, "For the U.S. alone in 2005, there were
1,602,000 fires reported causing 3,675 civilian deaths, 17,975 civilian
injuries, 87 firefighter's deaths and $10.7 billion in property damage.
Large scale forest fires have become national tragedies and as a result
have destroyed billions of dollars of real estate and millions of acres of
forest while contributing to significant environmental damage. Everything
has the potential to burn but doesn't have to. MSE Enviro-Tech is marketing
products that will have a huge impact on future fires and the damage that
they do."
The Report continues, "We continue to rate MSE Enviro-Tech attractive
because: (1) MSE is a likely beneficiary of the exclusive U.S. distribution
rights for Hartindo fire prevention products. (2) MEVT has come off its 52
week high and we feel this presents a low-risk opportunity for investors.
We believe a premium multiple is warranted in light of MEVT's growth
potential."
To read the Market Advisors Report, and for an in-depth profile of MSE
Enviro-Tech, visit:
http://www.WallStreetNewsAlert.com/HotStocks/MEVT052108/default.aspx.
In separate news: An exclusive CBS News report on Monday, titled "Is Fire
Retardant A Harmful Toxin?" stated, "For decades, Americans have depended
on special chemicals to protect them from fire. But now, there are serious
questions about the safety of those chemicals. Two states have already
banned them, and six more are considering it." Furthermore, "In Wyatt
Andrews' exclusive CBS TV report, Linda Birnbaum, a senior toxicologist at
the EPA stated, "I am concerned about developing children, concerned about
exposure before you are born." And Maine state toxicologist Deborah Rice, a
former EPA scientist, added, "This is concentrating in human beings, just
like PCBs." Ms. Rice once studied PCBs, toxic chemicals banned in the
1970s.
The CBS video can be found at:
http://www.cbsnews.com/stories/2008/05/19/eveningnews/main4109418.shtml.
It should be noted that MEVT's AF21 environmentally friendly Fire Inhibitor
is a water-based, non-toxic and perfectly safe compound.
The stock closed Wednesday at Fifty Four cents a share.
MSE owns the United States Agency Rights to the leading edge line of
Hartindo anti-fire products that have been effective in numerous other
countries and which are being introduced to markets across North America.
The Company is in the process of establishing a nationwide network of
agents and distributors for the complete line of Hartindo environmentally
friendly anti-fire products, encompassing AF21 Fire Inhibitor, AF11E, a 1:1
Halon replacement alternative, and AF31, a Fire Extinguishing and Fire
Inhibiting product that can be used on all classes of fires, as well as the
Titan 21 Fire Blanket. As previously announced, numerous independent tests
have been successfully carried out on all of these anti-fire products to
advance them to certification for North American mass marketing.
Market Advisors, Inc. was founded in 1985 and since that time has enjoyed
numerous ratings success by independent market raters. Headed by Jeff
Helleberg and Doug Wetzel, Market Advisors provides research and
independent analysis on individual stocks as well as a mutual fund
management service which is based upon their top-rated timing advice, and
previously was a member of the Winners Circle(TM), an elite group of market
analysts providing daily market comments and advice. Market Advisors, Inc.
has also been ranked the #1 market timing service for the period
(1985-1990) according to the Hulbert Financial Digest. Throughout our
history the firm also served as an advisor to brokerage firms and
investment bankers.
Home Depot (NYSE: HD) down 1.6% on 29.2 million shares traded.
The Home Depot® is the world's largest home improvement specialty
retailer, with 2,258 retail stores in all 50 states, the District of
Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces,
Mexico and China.
Lowe's Companies, Inc. (NYSE: LOW) down 1.6% on 13.7 millions shares
traded.
With fiscal year 2007 sales of $48.3 billion, Lowe's Companies, Inc. is a
FORTUNE® 50 company that serves approximately 14 million customers a week
at more than 1,550 home improvement stores in the United States and Canada.
General Dynamics (NYSE: GD) down 2.2% on 1.8 million shares traded.
General Dynamics, headquartered in Falls Church, Va., employs approximately
83,500 people worldwide and reported 2007 revenues of $27.2 billion. The
company is a market leader in business aviation; land and expeditionary
combat systems, armaments and munitions; shipbuilding and marine systems;
and information systems and technologies.
Market Commentary:
"Like a runaway train, oil prices soared past the $130 mark, topping over
$133 per barrel in afternoon trading, on news of a report from the Energy
Department'sEnergy Information Administration, which said crude
inventories fell by more than 5 million barrels last week. Analysts had
expected a modest increase," stated Sonja Rudd in Wall Street News Alert's
daily commentary continued at: http://www.WallStreetNewsAlert.com.
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