June 02, 2006 09:01 ET

Hot Stocks to Watch for Friday, June 02, 2006: Genesis Program Supported by Chinese Government and Industry Officials!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.

WESTON, FL -- (MARKET WIRE) -- June 2, 2006 -- announces the following stocks to its Hot Stocks List: Genesis Technology Group, Inc. (OTCBB: GTEC), JDSU (NASDAQ: JDSU), Cogent Communications Group, Inc. (NASDAQ: CCOI), Threshold Pharmaceuticals, Inc. (NASDAQ: THLD)

Genesis Technology Group, Inc. (OTCBB: GTEC) launched its "Mutual Growth Investment Program for Small and Medium Chinese Companies" at a large media event in Beijing on May 23rd. The conference took place at the historic and venerated Diao Yu Tai State Guest House, which has hosted heads of state from around the world for over a century.

More than 100 attendees listened attentively as Genesis CEO Gary Wolfson explained the unique Genesis Equity Partners program of cooperation that has enabled qualified Chinese companies to benefit from the U.S. stock markets, with Gold Horse International and Lotus Pharmaceuticals the most recent of these mergers. To the benefit of its own shareholders, Genesis forecasts profits of $2 million for each completed program, with about six mergers to be finalized each year.

Other stocks highlighted include JDSU (NASDAQ: JDSU): Hot Stocks List, up 2% on 32 million shares, Cogent Communications Group, Inc. (NASDAQ: CCOI): Hot Stocks List, up 1% on 1 million shares, Threshold Pharmaceuticals, Inc. (NASDAQ: THLD): Hot Stocks List, down 1% on 1 million shares.

"A few disappointing earnings releases and some disparate economic data have done their part to stall the market's advance, and political developments abroad have kept investors cautious. But overall tame inflation numbers, though rising over the past few months, solid growth in the domestic economy, and lower unemployment are buffeting the averages from below." More is available at:'s Daily Stock Updates:, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to

All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRG has been compensated one million restricted shares for GTEC. CRG has recieved additional compensation of ten thousand dollars, and has purchased two hundred ten thousand shares in the open market and has also received six hundred thousand common shares and four million four hundred thousand restricted shares as past compensation. CRG intends to sell its shares. CRG has sold approximately all but two million five hundred thousand restricted GTEC shares to date. CRG may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

Contact Information

  • Contact:
    Chuck Tamburello
    Phone: 954-217-8555
    Fax: 954-217-1500