Wall Street News Alert -- U.S. Hot Stock Highlights -- July 27,


    Wall Street News Alert -- U.S. Hot Stock Highlights -- July
                            27, Part 2

WESTON, Fla., July 27, 2004 (PRIMEZONE) -- Wall Street News Alert's
"stocks to watch" this morning are: Global Diversified Industries, Inc.
(OTCBB:GDVI), BICO Inc. (Pink Sheets:BIKO), Cardiac Science Inc.
(Nasdaq:DFIB) and Cognizant Technology Solutions (Nasdaq:CTSH). 
Aggressive investors and traders should be watching Global Diversified
Industries, Inc. (OTCBB:GDVI) again this morning, as the company
continues the string of good news! Yesterday after the markets closed,
the company issued a press release announcing that it can now design,
manufacture and deliver new modular construction buildings that provide
the aesthetics of conventional (stick-built) construction, but at
greatly reduced costs and faster completion times than traditional
construction projects. 
This is great news for investors! These types of modular structures are
becoming more popular with architects, who in most cases perform the
design criteria for a new school, for new school wing additions etc.
This type of construction renders a finished product that provides the
aesthetics of conventional (stick-built) construction, and in many
cases can also offer a more attractive "value-on-the-dollar" to schools
due to Global's unique in-plant manufacturing process. 
Global Diversified Industries, Inc. Chairman and CEO Phil Hamilton
states, "We are continuing to invest in new design systems and product
solutions that offer a wider range of modular building solutions to the
California Education Sector, and which leverage our established
expertise in design, manufacturing, installation and after-market
support services. More school officials are expressing their desire for
permanent-type buildings from their modular providers and we currently
have several school districts who have started negotiations with our
sales team for upcoming projects, one of them a complete new campus in
Southern California with an estimated value of nearly $6 million." 
Investors will want to keep your eyes on this company! Over the past
week, the company has issued several press releases announcing that it
is projecting a revenue increase of 100% (approximately $1.9 million in
sales revenue for the quarter ending 7/31/04 vs. approximately $920,000
for the same period in 2003) and has increased its manufacturing and
site construction workforce over the past three months by hiring 75
additional people. 
The stock closed yesterday at just over eleven cents a share. 
In case you are not familiar with the company: Global Diversified
Industries, Inc. is a holding company with two wholly owned
subsidiaries; Global Modular, Inc. and MBS Construction, Inc. Both are
engaged in the modular construction marketplace with an emphasis on
educational projects. They incorporate the latest in construction
software, allowing them to better manage projects incorporating cost
vs. profit ratios, construction and manufacturing schedules,
purchasing, receiving and other facets of industrial management. The
company's work is found in Northern and Southern California, with
numerous projects on budget for school systems throughout the state. 
Stocks showing interesting activity yesterday at the close of the
regular trading day were: BICO Inc. (Pink Sheets:BIKO) even on 51
million shares traded, Cardiac Science Inc. (Nasdaq:DFIB) up 22% on 3.4
million shares traded and Cognizant Technology Solutions (Nasdaq:CTSH)
up 12.9% on 3.9 million shares traded. 
Commentary: 
"The corporate profit and loss profile for the second quarter continues
to roll out this week as earnings reports will be heard from American
Express, DuPont, Lockheed Martin, Boeing, Time Warner, Bristol-Meyers
Squibb, Exxon Mobil and Chevron-Texaco. Last week investors, experts
attest, were not impressed with earnings even as rebounds were
announced: General Motors up 49%, Ford Motors claimed net income
tripled, eBay up 52%, and profits posted at Pfizer, McDonald's,
Coca-Cola, and Amazon.com. One wonders what does it take to get
investors excited as all the indexes posted a loss for last week. 'How
about a fatter wallet,' claimed one analyst," stated Sonja Rudd in Wall
Street News Alert's daily commentary continued at:
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twenty-two shares of Global Diversified Industries, Inc. (OTCBB:GDVI),
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Sonja Rudd. 
This release contains "forward-looking statements" within the meaning
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-0- Jul/27/2004 12:50 GMT
 
 
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