SOURCE: Bellwether Report

March 01, 2005 10:31 ET

BWR Issues Early Market Trading Alerts for Shareholders of BLUE, COGT, STSI, and TIBX

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

TORONTO -- (MARKET WIRE) -- March 1, 2005 -- BWR will be keeping the following four companies at the top of our radar throughout trading today, as each of them have come out with a corporate development that has changed the market sentiment. For a full report on Blue Martini Software (NASDAQ: BLUE), Cogent Inc (NASDAQ: COGT), Star Scientific (NASDAQ: STSI) or Tibco Software (NASDAQ: TIBX) feel free to visit for a 30 day no obligation trial to our service.

Blue Martini Software announced this morning that they have entered into a definitive merger agreement for Blue Martini to be acquired in an all-cash transaction valued at $4.00 per share, by Golden Gate Capital portfolio company.

Cogent Inc announced today new follow-on contracts from the Italian National Police and Los Angeles County Sheriff's Department. The company is trading up 9% today.

Star Scientific released their most recent 8-K yesterday after the market close. BWR will be looking into the facts of the release, to better explain the 8% downturn the company has seen in early trading this morning.

Tibco Software is trading down 8% today as the investor sentiment seems to have changed for the short term. BWR will be looking into the events that lead up to this lack of demand, and will continue tracking Tibco over the ensuing weeks.

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

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