SOURCE: Bellwether Report

June 16, 2005 14:52 ET

BWR Issues Mid-Day Alerts for Shareholders of MNTA, GSOL, PRGS, BCO

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

TORONTO -- (MARKET WIRE) -- June 16, 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 mornings four most promising companies on the Nasdaq and the New York Stock Exchange. Momenta Pharmaceuticals (NASDAQ: MNTA), Global Sources (NASDAQ: GSOL), Progress Software (NASDAQ: PRGS) and Brinks Company (NYSE: BCO). 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.

Momenta Pharmaceuticals made significant gains today's soaring up 67% setting a new 52-week high of $18.50, eclipsing the previous mark of $11.66. Momenta has been on a steady decline for the last week, although it seems that investors are speculating that they will release positive corporate developments. BWR feels that in order for Momenta to justify today's surge that they will have to materialize on some corporate development, and will be tracking them over the ensuing weeks.

Global Sources announced overnight that it has joined an alliance with eBay to offer a new global distribution channel for manufacturers in China. Today's announcement caused Global Sources to rally up over 20%. BWR feels that this could be the news investors are waiting for and will be monitoring the affect of this new alliance.

Progress Software shares reached $31.34 today breaking their 52 week-high. Today the company released their second quarter report for May 31, 2005. Revenue for the quarter was up $100.2 million. BWR will be tracking the company's progress over the following months to see how they will continue their upward momentum.

Brinks Company is trading up 13% today. The surge is the result of a report from the Wall Street Journal that the company has declared that its BAX Global transportation and logistics unit is up for sale. BWR will be monitoring this company over the coming days to see if this rumor rings true and to assess the results.

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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