Hot Stocks to Watch for Thursday, June 10, 2004: Taking Steps to ImproveBalance Sheet!
WESTON, FL, Jun. 10, 2004 (MARKET WIRE via COMTEX) -- TheSUBWAY.com announces the following stocks to its Hot Stocks List: Family Room Entertainment Corporation (OTC BB: FMLY), American Fire Retardant Corp. (OTC BB: AFRT), Compuware Corporation (NASDAQ: CPWR), The Sun Network Group, Inc. (OTC BB: SNNW)
Family Room Entertainment Corporation (OTC BB: FMLY) is excited to announce that has completed several steps towards reducing all long-term debt. At this time, all of Family Room's promissory notes have been paid in full. Additionally, Family Room has reduced its debt contracted through its line of credit with its banking facility to $180,000 from a high of $500,000.
Other stocks highlighted include The Sun Network Group, Inc. (OTC BB: SNNW): Hot Stocks List, down 7% on 1 million shares, American Fire Retardant Corp. (OTC BB: AFRT): Hot Stocks List, up 7% on 156 million shares, Compuware Corporation (NASDAQ: CPWR): Hot Stocks List, down 1% on 1 million shares.
" After the latest meeting, the Fed also said it 'continues to believe that an accommodative stance of monetary policy, coupled with robust underlying growth in productivity, is providing important ongoing support to economic activity.' Regardless, many analysts are saying the first rate increase may come as early as June." More is available at: www.thesubway.com/sub_comm.asp.
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TheSUBWAY.com, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a " long term" view of any of the companies listed. For more go to www.thesubway.com/sub_comm.asp.
All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (crg has received one hundred thousand dollars and one million seven hundred thousand shares for fmly) CRG intends to sell its shares. CRG has sold approximately two hundred thousand shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
CONTACT:
Charles T. Tamburello
Capital Research Group Inc.
954-217-9555
SOURCE: TheSUBWAY.com