SOURCE: Bellwether Report

July 21, 2005 13:14 ET

BWR Issues Afternoon Alerts for Shareholders of DXPE, MTSX, GLFD and DMND

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Bellwether Report.

TORONTO -- (MARKET WIRE) -- July 21, 2005 -- The Bellwether Report is the leading online financial newsletter, focusing on small-cap emerging growth opportunities. We strive to introduce investors to truly undervalued opportunities in a time-friendly fashion, allowing for optimal entry points and profitable exit points. Today, BWR will be evaluating the days four most promising companies on the Nasdaq Exchange: DXP Enterprises (NASDAQ: DXPE), Metal Storm Ltd. (NASDAQ: MTSX), Guilford Pharmaceuticals (NASDAQ: GLFD) and Diamond Foods (NASDAQ: DMND). For more information on BWR or any of the above-mentioned companies feel free to visit for a free no obligation 30-day trial of our service.

DXP Enterprises made a positive leap today trading up 61% and increasing their previous 52-week high of $8.50 to $13.50. Today's move comes as a result of the company reporting 107% increase in net income for the second quarter ending June 30, 2005. BWR will be tracking the company's progress over the following months, to see how they will continue their upward momentum.

Metal Storm, a BWR regular, received news today that they have been awarded a contract in the United States from The Boeing Company. The contract involves conducting a study to determine capability specifications for a weapon system that will meet unique user requirements. Shares are currently trading up 45% today on much higher than average volume. BWR will be tracking the growth of the company over the next 12 months, to decipher the long term affects of these corporate developments.

Guilford Pharmaceuticals announced that they have signed a definitive merger agreement, providing for the acquisition of Guilford Pharmaceuticals Inc. Shares bounced 41% on over 4 million shares traded today. BWR will be aggressively researching this potential hidden gem.

Diamond Foods made its trading debut today. The company's initial public offering was estimated at $14 to $16, yet today opened at $17. Diamond Foods rode this morning's momentum further to an increase of 21% by afternoon trading. BWR will be following this company closely over the next 3 months to see whether they'll be able to continue their aggressive expansion into new markets.

Any information that we find on the above-mentioned companies will be posted at

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The Bellwether Report to date has not been compensated by any of the above-mentioned companies.

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