SOURCE: Stock Market Alerts
|
February 08, 2008 09:30 ET
Friday Morning Stock Watch: HRAL -- February 8, 2008
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.
MIAMI, FL--(Marketwire - February 8, 2008) - Stock Market Alerts' performance stock list
includes: HearAtLast Holdings, Inc. (PINKSHEETS: HRAL), EMCORE Corporation
(NASDAQ: EMKR), Corning Incorporated (NYSE: GLW), Target Corp. (NYSE: TGT).
Continuing its expansion by recently announcing the opening of its 19th
location, HearAtLast Holdings, Inc. (PINKSHEETS: HRAL) should have
investors monitoring stock. Early this morning, the company issued a press
release, in which President Robert Oswald provided a shareholder update.
The press release stated: January was a busy month for all of us at
HearAtLast. I want to first say that it is with great enthusiasm that we
announced our entry into the United States with the grand opening of our
clinic located in The Villages, Florida, on January 21, 2008. We were
greeted with a warm Florida welcome and were especially pleased with the
press coverage we received at the ribbon cutting ceremony. This is our
first U.S. location and is the result of a joint venture between HearAtLast
and Vivatone Hearing Systems LLC, a manufacturer of digital hearing aids.
Vivatone is the creation of Leon C. Hirsch, Founder and CEO of United
States Surgical Corporation, and Dr. Nathan Bauman, a former professor of
Audiology at Yale University. We couldn't be more pleased to begin our U.S.
presence with partners of this caliber.
Once again HearAtLast clinics posted record sales as January was the
biggest month in the history of our new company. Gross sales in January
exceeded December's sales figures by approximately 59%. It is important to
note that this percentage was calculated using gross sales figures which do
not include deductions for returns or other applicable allowances.
We expect our sales to steadily rise as we open additional clinics.
Although our current per-store sales levels are well above the industry
average for new locations and we are a, accomplished new brand that has
only recently been advertised, we expect that monthly unit sales will
continue to increase. We expect our new locations to steadily realize their
maximum sales potential as our brand recognition grows and Wal-Mart
shoppers become more familiar with our concept.
We opened four new HearAtLast clinics this January in the following
locations; Wal-Mart Store #1056, Oshawa, ON., Wal-Mart Store #5778, Aurora,
ON., Wal-Mart Store #1050, Airdrie, AB, and the first US location in The
Villages, FL.
With the addition of these new locations our chain has grown to 19 outlets,
18 of which are co-located in Wal-Mart Stores, Wal-Mart Supercentres, and
Sam's Clubs in Canada, and our new free standing location in The Villages,
Florida. We intend to continue the rapid expansion of our chain throughout
North America.
HRAL closed Thursday at $1.19 a share.
HearAtLast Holdings, Inc. owns and operates its wholly-owned subsidiary
HearAtLast Inc., a chain of hearing stores specializing in the sale of
digital hearing aids and testing services. The company develops, owns, and
operates hearing aid clinics co-located within select Wal-Mart stores
throughout Canada. HearAtLast facilities sell a selection of high quality
brand name hearing aids and also offer complimentary screening tests,
clinical hearing tests, instant custom MP3 headphones and custom hearing
protection. The Company's mission is to consolidate the highly fragmented
hearing services industry while providing unparalleled service to the
estimated 30+ million hearing impaired individuals throughout North
America. After a prescription is approved, the independent on-site
audiologists and hearing aid practitioners at HearAtLast utilize a refined
process to dispense a hearing aid in about an hour.
Other Stocks of interest yesterday were:
EMCORE Corporation (NASDAQ: EMKR) up 13.8% on 5.5 million shares traded.
EMCORE Corporation is a leading provider of compound semiconductor-based
components and subsystems for the broadband, fiber optic, satellite and
terrestrial solar power markets. EMCORE's Fiber Optics segment offers
optical components, subsystems and systems that enable the transmission of
video, voice and data over high-capacity fiber optic cables for high-speed
data and telecommunications, cable television (CATV) and
fiber-to-the-premises (FTTP) networks.
Corning Incorporated (NYSE: GLW) up 2.7% on 23.8 million shares traded.
Corning Incorporated (www.corning.com) is the world leader in specialty
glass and ceramics. Drawing on more than 150 years of materials science and
process engineering knowledge, Corning creates and makes keystone
components that enable high-technology systems for consumer electronics,
mobile emissions control, telecommunications and life sciences.
Target Corporation (NYSE: TGT) up 6% on 19.4 million shares traded.
Target Corporation's operations include large, general merchandise and food
discount stores and a fully integrated online business through which it
offers a fun and convenient shopping experience with thousands of highly
differentiated and affordably priced items.
The advertisement is provided by Wall Street Enews, a division of Stock
Market Alerts LLC, an electronic broadcaster and publisher of this release,
and hereafter referred to as "the company." The company received
compensation for services performed for HearAtLast Holdings, Inc.
(PINKSHEETS: HRAL). The compensation was fifty three thousand dollars
(twenty five thousand dollars for current services and twenty eight
thousand for previous services) from third party, Indiana Capital Group,
who is non-affiliated and may hold a significant position in the stock.
Because the company received compensation for its services, there is an
inherent conflict of interest in the company statements and opinions and
such statements and opinions cannot be considered independent.
The information contained in this press release is for informational
purposes only, and not to be construed as an offer to sell or solicitation
of an offer to buy any security. The company makes no representation or
warranty relating to the validity of the facts presented nor does the
company represent or warrant that all material facts necessary to make an
investment decision are presented above. Stock Market Alerts LLC is an
advertising company and therefore, this release should be viewed for
informational purposes only.
The company relies exclusively on information gathered on the public
company, such as public filings, press releases and its web sites.
Investors should use the advertising information contained in this release
as a starting point for conducting additional research on the public
company in order to allow the investor to form his or her own opinion
regarding the public company. Factual statements contained in this
publication are made as of the date stated and they are subject to change
without notice. The company is not a registered investment adviser, broker
or a dealer.
Investing in the public company that this release is providing service for
should be reviewed as speculative and a high-risk and may result in the
loss of some or all of any investment.
This release may contain statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E the Securities Exchange Act of 1934, as
amended. The words "may," "would," "will," "expect," "estimate,"
"anticipate," "believe," "intend," and similar expressions and variations
thereof are intended to identify forward-looking statements.