SOURCE: Wall Street News Alert

June 15, 2005 08:57 ET

Hot Stocks on the Move! June 15, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- June 15, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: CALI Holdings, Inc. (OTC BB: CALI), Lucent Technologies (NYSE: LU), Sun Microsystems Inc. (NASDAQ: SUNW) and Oracle Corporation (NASDAQ: ORCL).

CALI Holdings, Inc. (OTC BB: CALI) may be appearing on the radar screen of aggressive investors and day traders! Recently the company issued a press release announcing that it has entered into a transaction to sell its holding in portfolio company Cummings Financial Services.

Investors continue to watch CALI Holdings as the company restructures! James Jenkins, CEO of CALI stated, "As part of CALI Holdings' restructuring the Company is selling its equity position in Cummings Financial Services to Krone Mace, a subsidiary of KMA Capital Partners in the financial services business. We believe this is a strategic move in our restructuring and fits with the business model of Krone Mace."

For more in-depth coverage and a company profile of CALI Holdings, visit

The stock closed yesterday at around Two cents a share.

In case you are not familiar with the company: CALI Holdings Inc. is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Lucent Technologies (NYSE: LU) up 1% on 27.5 million shares traded, Sun Microsystems Inc. (NASDAQ: SUNW) down 1.1% on 46.1 million shares traded and Oracle Corp. (NASDAQ: ORCL) down 0.9% on 36.5 million shares traded.


"Initial job claims for U.S. workers filing for unemployment continues to fall ending a two-month high. The Department of Labor said last week claims fell by 21,000 to 330,000. Analysts say that the claim figures show that 'employers are holding on to workers longer' and is a sign of a steady growth in the economy. The nationwide unemployment figure stands at 5.1%," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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