Published:
Investor Alert, Wednesday's Aggressive Stock Trading Alert
eLocity's stocks to watch for Wednesday are --
Environmental Technologies International, Inc. , McDATA Corp.
, Computer Network Technology Corp. , JDS
Uniphase Corp. .
Aggressive stock traders and investors, have a look at Environmental
Technologies International, Inc. . Tuesday after the closing
bell the company issued a press release announcing that, since the launch
of the Company's new Computer-Guard(TM) Web site in mid-December, it has
received over 40,000 visits to the Web site, far exceeding management's
expectations. The start-up of the new Computer-Guard Website, timed to
coincide with the company's official market launch of this exciting
computer security device, provides information on the critical need for
computer security, as well as a full description of Computer-Guard and how
it works.
Mr. Harold Clifford, EMTI president, stated, "We are working closely with
the Silica Group on steadily upgrading and expanding the new web site, and
are very enthusiastic about these improvements, and about the sales
potential of Computer-Guard."
Environmental Technologies International, Inc. said that
Computer-Guard provides a low cost, highly effective solution to securing
confidential data on unattended desktop and laptop computers. Its highly
recommended computer security device can now be ordered directly from
Computer-Guard's new, secure website through secure credit card
transactions, the company added.
EMTI is currently trading at around 4.5 cents a share.
Other stocks making headlines on Tuesday were:
McDATA Corp. , Computer Network Technology Corp.
Storage networking solutions provider McDATA Corp. announced Tuesday that
it has signed a definitive agreement to acquire Computer Network Technology
Corp. , a provider of WAN extension/networking space
providing storage area networking products, software, services and
solutions, in an all-stock transaction. The company said that the deal is
valued at approximately $235 million in equity and debt, based on net debt
as of October 31, 2004. Under the terms of the agreement shareholders will
receive 1.3 shares of its Class A common stock for each share of CNT common
stock they hold
MCDTA closed Tuesday's regular trading session at $4.36 on volume of 9.12
million shares. CMNT finished the session at $5.62 on 2.66 million shares.
JDS Uniphase Corp.
Fiber-optic component maker JDS Uniphase Corp. announced Tuesday that it
now expects non-GAAP loss for its second quarter to be $0.02 per share,
compared to its earlier guidance of $0.01 loss per share. The company said
it expects revenues for the quarter to be app. $180 million, at the lower
end of the previously issued guidance of flat to down 8 percent. Analysts
had been expecting a loss of 1 cent a share on sales of $187.2 million.
JDSU closed Tuesday's regular trading session at $2.78 on volume of
51.4million shares.
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