SOURCE: Market Pulse

August 02, 2006 09:00 ET

Stocks to Watch for Wednesday, August 2, 2006: THII -- Tasco's Bio-Matrix Scientific Unit Installs New, Cutting-Edge Stem Cell Technology in Preparation for Anticipated Sept. 2006 Grand Opening!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- August 2, 2006 -- Market Pulse is pleased to introduce our featured stock, Tasco Holdings International Inc. (OTCBB: THII), to the investment community! Tasco Holdings is new to Market Pulse and is poised to become a significant player in the biotechnology industry! THII has had several excellent news announcements out lately and one again before today's opening bell announcing today that it has received and installed a CBS Isothermal liquid nitrogen vapor storage tank and a K Series cryo-storage tank for stem cell storage! The company also announced that revenues are anticipated in the fourth quarter of 2006 once the facility is opened! This could be great news for investors! Other notable stocks that should be watched because they look great lately from a fundamental and technical perspective include:

Amgen Inc. (NASDAQ: AMGN) : Market Outperform

Qwest Communications International Inc. (NYSE: Q) : Attractive

Powerwave Technologies Inc. (NASDAQ: PWAV) : Bearish

Recommendation Meanings

These recommendations are investment opinions of and reflect the stock's potential to move over the next one to four weeks of trading. This analysis is done from a technical and fundamental perspective.

After Tuesday's Bell Market Commentary

On Tuesday, Fears of yet another interest rate hike weighed down the markets. Rising inflation and sluggish consumer spending triggered an early sell-off as investors continued to mull over a mixed batch of corporate earnings news. The Commerce Department reported that consumer spending, after adjusting for inflation, posted a weak 0.2 percent rise in June, marking the fourth straight month of 0.2 percent or less. The Institute for Supply Management's gauge of manufacturing activity rose to 54.7 in July, far better than the 53 reading economists had expected. Light sweet crude for September delivery rose 51 cents to settle at $74.91 a barrel due to multiple crises in the Middle East. The Dow Jones industrial average fell 59.95, or 0.54 percent, to 11,125.73. The Nasdaq composite index fell 29.48, or 1.41 percent, to 2,061.99. The Standard & Poor's 500 index fell 5.74, or 0.45 percent, to 1,270.92. The Russell 2000 index fell 10.67, or 1.52 percent, to 689.89.


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