Wall Street News Alert's: Post Stock Watch List -- October
27, Part 3
WESTON, Fla., Oct. 27, 2004 (PRIMEZONE) -- Wall Street News Alert's
"stocks to watch" this morning are: Sciax Corporation (Pink
Sheets:SCXC), Mace Security Int'l Inc. (Nasdaq:MACE), LCA-Vision Inc.
(Nasdaq:LCAV) and Pathmark Stores (Nasdaq:PTMK).
Aggressive investors and traders need to be watching Sciax Corp.
(OTC:SCXC) as it continues to pour out good news! Yesterday after the
markets closed, the company and its partner Eomax issued a press
release announcing that French Customs has expressed interest in
placing an additional order for "4 Wolf Pack(TM) Systems" subject to
certain delivery guarantees!
This is great news for investors! The Wolf Pack is a highly modularized
opto-electronic remote viewing system used by law enforcement and
military personnel. The reconfigurable, multi-operational design of
Wolf Pack makes the system ideal for many applications in physical
security, drug and contraband interdiction, tactical response and
protective security. Wolf Pack electronics and optical components are
built to high standards of durability, allowing successful deployment
in harsh conditions that would prohibit the use of many conventional
"We believe that this additional order from the customs group further
solidifies the application of Wolf Pack in customs interdiction
applications," stated Ralph Manore, Vice President of Operations for
Sciax. "We believe that there is further opportunity for the system in
other customs jurisdictions and are pursuing the use of our equipment
with other potential customers."
Investors watch this one! It was just last week we reported the company
issued a press release announcing that Eomax has completed the design
schematics for the new Wolf Pack extendible poles and provided copies
of the schematics to Sciax!
The stock closed yesterday at around Eight cents a share.
In case you are not familiar with the company: Sciax is an emerging
leader in defense imaging systems for law enforcement and military
personnel engaged in counter-terrorism and other special security
operations. Sciax America Inc. and Sciax Technology Inc. are wholly
owned subsidiaries of Sciax Corp.
Wolf Pack, the company's tactical remote viewing system, is
manufactured under license from Eomax Corp., and is used by law
enforcement and military organizations in North America and Europe.
Customers include, military and law enforcement agencies of the US and
German Governments, contraband interdiction units of Canada Customs,
Stocks showing interesting activity yesterday at the close of the
regular trading day were: Mace Security Int'l Inc. (Nasdaq:MACE) up
83.5% on 31.2 million shares traded, LCA-Vision Inc. (Nasdaq:LCAV) up
22.9% on 1.3 million shares traded and Pathmark Stores (Nasdaq:PTMK) up
10% on 2.1 million shares traded.
"Oil prices broke above $55 a barrel on Tuesday as concern lingered
over thin world heating oil supplies ahead of the northern winter. U.S.
light crude for December settled at $55.17 a barrel, up 63 cents on the
day, while Brent crude in London rose 78 cents to close at $51.56 a
barrel," Stated Mario Cardenas in Wall Street News Alert's daily
commentary continued at: http://www.WallStreetNewsAlert.com.
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or more of the companies mentioned in this release. (WSCF has been
compensated Sixty-Five Thousand Dollars for coverage of Canada Sciax
Corp (OTC: SCXC), by third parties (Alex Consulting Inc/Audra Inc), who
are non-affiliated and may hold a significant position in the stock,
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stock. Market commentary provided by Mario Cardenas.
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-0- Oct/27/2004 13:30 GMT
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