More Rate Cuts to Feed the Bulls?
Consumers continued to spend in the first quarter of 2001, despite the news medias stories of impending recession and the pullback in the major indices of the stock market.
As Spring began, retail sales slowed down some and manufacturing was weak, but orders to factories posted their first gain in more than a year.
For March and April, the Federal Reserves economic survey reported a slow pace of economic activity. This information will be vital in the Feds decision about interest rates which will come on May 15th. Just about everyone agrees another rate cut is forthcoming.
Energy prices have been soaring with gasoline prices passing the $2 per gallon mark, but the Fed report indicates that consumer prices have been somewhat steady nonetheless. The Fed has room to continue lowering interest rates because there is no current threat of inflation.
Investors have been hungry for tech stocks in the last two weeks of trading, further adding momentum to the general feeling that the bears are gone and the bulls are back!
This Week on Emerging Company Report;
Bringing Independent Professionals and Corporations Together Online
Hollywood, CA-Emerging Company Report is the nationally syndicated television program profiling emerging-growth companies ( emergingcompany.com <http://www.emergingcompany.com> ), featuring informative interviews with the CEOs, insights into their operations and outlooks for their futures.
Featured companies on this weeks edition include;
CEO Sheila Bednar and VP of Sales Shirley Bartz of experiencenet.com, Inc. described their company as an affordable and rewarding way to bring corporations and experienced professionals together to fill employment needs on both a temporary and permanent basis.
Independent professionals and corporations are brought together online, said Bednar, eliminating the human element of the middle person. It is a much more rewarding experience, added Bartz. Corporations find exactly what they need and independent professionals essentially become the CEOs of their own lives.
PR Director Shari Edwards of ValCom, inc. (OTC-BB: VCMI) appeared on the program with news about her companys recent signing of several contracts for reality-based television shows, which she says would not be affected by the potential of a strike in Hollywood.
Al Millar, President of Alpha Pro Tech, Ltd. (AMEX: APT) announced his companys recent report of revenue and earnings. 2000 was a record year for us, said Millar, and we are looking forward to even more growth in 2001.
Semotus Solutions, Inc. (AMEX: DLK) CEO Tony Lapine updated the audience with news about his companys five recent acquisitions, their goal to achieve profitability in this fiscal year and an outline of some of the blue-chip customers on the companys client list.
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 the 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 <http://www.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. |