Wall Street News Alert U.S. Hot Stock Highlights -- August 3, Pa

   Wall Street News Alert U.S. Hot Stock Highlights -- August 3,
                              Part 2

WESTON, Fla., Aug. 3, 2004 (PRIMEZONE) -- Wall Street News Alert's
"stocks to watch" this morning are: Pure H20 Bio-Technologies, Inc
(Pink Sheets:PHBT), Rigel Pharmaceuticals Inc. (Nasdaq:RIGL), La Jolla
Pharmaceutical Co. (Nasdaq:LJPC) and Primus Telecommunications
Aggressive investors and traders should take another look at Pure H20
Bio-Technologies, Inc. (Pink Sheets:PHBT) this morning! Yesterday after
the markets closed, the company issued a press release announcing that
USBioSystems, Inc. accepted the engagement with PHBT to oversee further
testing of Pure H20's newly engineered potable water point-of-use
disinfection systems for hospitals, residential and commercial use! 
This could be huge news for investors! USBioSystems (USBC) is the
largest environmental testing laboratory in the state of Florida,
holding multiple state and federal certifications including the
National Environmental Laboratory Accreditation Program (NELAC), and is
known for its commitment to high standard Quality Assurance/Quality
Control Programs. 
USBS will manage the Pure H20 testing programs to ensure proper
control, analyses and maintain related data flow. "We feel that our
relationship with USBioSystems will build additional customer
confidence in the Pure H20 water disinfection technology," said Joseph
Doxey, President of Pure H20 Bio-Technologies, Inc. 
Keep your eyes on this company! Today's health concerns strongly
suggest that there is a need for a more rigorous testing procedure that
incorporates the measurement of disinfecting chlorine-resistant live
organisms that may be potential etiological agents for water-borne
disease. Pure H20 has outlined a series of studies that are strategic
steps to advance its sales and marketing position. PHBT has taken these
aggressive measures to position itself to exceed sales projections and
secure strong cash flow. 
The stock closed yesterday at sixteen cents a share. 
In case you are not familiar with the company: PHBT is a publicly held
company specializing in the manufacturing, design and sale of its
unique residential, commercial and hospital point-of use potable water
disinfection systems. These systems are specifically designed to work
effectively against water-borne pathogens and remove heavy metals and
objectionable biomass. 
Stocks showing interesting activity yesterday at the close of the
regular trading day were: Rigel Pharmaceuticals Inc. (Nasdaq:RIGL) up
37.6% on 2.2 million shares traded, La Jolla Pharmaceutical Co.
(Nasdaq:LJPC) up 20.6% on 1.9 million shares traded and Primus
Telecommunications (Nasdaq:PRTL) up 15.7% on 7.6 million shares traded. 
"July was a struggle in the index cycle, but last week all of the
markets picked-up steam and managed to end the month on a positive
note," stated Sonja Rudd in Wall Street News Alert's daily commentary
continued at: http://www.WallStreetNewsAlert.com. 
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-0- Aug/03/2004 12:50 GMT
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