How Deep is the Bottom?
As children, some of us tried to figure out how deep the bottom of the old swimming hole was before diving in. While todays' volatile market is certainly not
child's play, trying to figure out where the bottom is in this bear movement has even the most seasoned analysts hesistant about making a prediction.
There is a tremendous amount of pent-up money, ready to go back in the market, as many investors have been sitting on the sidelines, waiting to make their
move. The question is, when will they
"dive in" ?
The Federal Reserve is being called to slash interest rates by 75 basis points, a move as large they have never made. We may even hear of a 50 basis point cut as
early as today, prior to the Fed meeting on Tuesday. Again, all eyes are on Greenspan.
After all, Mr. Greenspan, it was you who told us we were suffering from "Irrational Exuberance" and that the country could not responsibly handle the "Wealth
Effect", without succumbing to inflation.
That was then, this is now. Most of us would welcome the opportunity to once again, be irrationally exuberant about our wealth effect!
Hollywood, CA-Emerging Company Report is the nationally syndicated television program profiling emerging-growth companies
(http://www.emergingcompany.com), featuring informative interviews with the CEOs, insights into their operations and outlooks for their futures.
Featured companies on this week’s edition include;
Touchstone Resources, Ltd. (CDNX: TUT) was described by its President Mark Bush as an aggressive energy company, targeting high-potential assets. The
company has properties in the famous Permian Basin of West Texas as well as the East Texas Basin. “Energy prices, especially natural gas prices, are continuing
to rise”, said Bush. “It is a good time to be in this industry”. The company’s enhanced 3-D seismic technology enables them to identify, with more clarity,
potential deposits of natural gas and oil during their exploration efforts. Touchstone also recently announced the closing of a $5 million private placement.
Anthony Lapine, CEO of Semotus Solutions, Inc. (AMEX: DLK) spoke of his company’s recent acquisition activity. “`Our recent acquisitions were made with a
vision of combining resources across the entire Semotus Solutions family, in creating tremendous revenue potential for our company and its shareholders”, he
said. Lapine also mentioned another acquisition announcement was forthcoming.
Steve Rosenthal, President of The Majestic Companies, Ltd. (OTC-BB: MJXC) updated the audience about some of the major newspaper coverage the company
has received lately for its school bus passive restraint system..
Free information packages from the featured companies can be requested by sending an email to info@emergingcompany.com.
Viewers of Emerging Company Report can receive free information in the mail about featured companies by calling a toll-free phone number on their TV screen.
The weekly television program debuted in 1996 and is seen nationally on Friday evenings at 11:00 ET, 8:00 PT, Saturdays at 4:00 PM ET, 1:00 PM PT and
Sunday mornings at 11:00 ET, 8:00 PT. It also airs in New York on Thursdays at 11:30PM and Saturdays at 6:00PM. The program is broadcast to over 30
million cable TV homes in more than 300 cities nationwide.
A complete menu of cable TV channels is available at the Emerging Company Report web site,
emergingcompany.com, where the weekly program may also be viewed "On-Demand" on any computer .
Emerging Company Report television program, Copyright 2001, all rights reserved. Emerging Company Report does not provide an analysis of companies'
financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their
stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst.
Emerging Company Report has been paid a cash fee of $11,500.00 by the featured companies, does not accept company stock as payment for services, does not
hold any positions, options or warrants in featured companies and the information herein is not an endorsement by the producers, publisher or parent company
of Emerging Company Report. |
