SOURCE: eLocity Inc.

March 16, 2005 07:20 ET

March 16th, 2005 Stock Trading Alert

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

SARASOTA, FL -- (MARKET WIRE) -- March 16, 2005 -- eLocity's stocks to watch for Wednesday are -- MSE EcoEngine Inc. (OTC: MSEE), Sigma Designs, Inc. (NASDAQ: SIGM), ArthroCare Corp. (NASDAQ: ARTC), Ameritrade Holding Corp. (NASDAQ: AMTD).

Investors, have a look at MSE EcoEngine Inc. (OTC: MSEE). MSE EcoEngine Inc. announced Tuesday after the close that the company's EcoEngine can be used as a viable alternative to traditional combustion engines.

Prior to development of the EcoEngine, the company needs to address the cost requirements and operating issues where it has had preliminary discussions with manufacturers of the specialized transportation vehicles. MSE EcoEngine Inc. is a research company with a device, the "EcoEngine," under development capable of generating power using the free heat in ambient air as its sole source of fuel and producing, as by-products, clean water and cool air.

Sigma Designs, Inc. (NASDAQ: SIGM)

Digital media processor maker Sigma Designs, Inc. announced financial results for its fourth fiscal quarter after the bell Tuesday, reporting a loss of $17,000, or $0.00 per diluted share, compared to net income of $0.3 million, or $0.01 per diluted share, registered in the same quarter last year. Net revenues for the quarter were up 7% at $7.89 million, compared to $7.34 million in the same period last year.

SIGM closed Tuesday's regular trading session at $9.30.

ArthroCare Corp. (NASDAQ: ARTC)

Multi-business medical device company ArthroCare Corp. announced fourth quarter financial results after the bell Tuesday, reporting a loss of $34.5 million, or $1.52 per diluted share, in compared to net income of $2.8 million, or $0.13 per diluted share, registered in the same period last year. Total revenues for the quarter were $42.7 million, compared to $32.5 million in the same period last year, ArthroCare Corp. stated. The company said it expects total first quarter 2005 revenues to be $47 to 48 million.

ARTC closed Tuesday's regular trading session at $25.62.

Ameritrade Holding Corp. (NASDAQ: AMTD)

Ameritrade Holding Corp. announced Tuesday that it has aligned the Company's operations more firmly with a client-centric strategy to enhance the company's ability to expand its strong offering to all types of investors. Ameritrade said that to achieve this the Clearing and Client Service operations for Private Client and Institutional Client Divisions will combine under one Brokerage Services unit, and that the group, along with Marketing, will realign to support a new unit, the Client Experience Organization.

AMTD closed Tuesday's regular trading session at $10.76.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for newsletter and ad services for MSE EcoEngine Inc. (Public Company). The compensation is one thousand dollars from a non-affiliated third party, Alex Consulting Inc. 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 company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication 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. All statements of opinions, if any, (Our Summary) are those of the company.

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 information contained in this publication 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 newsletter is providing service for should be reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. 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.

Contact Information

  • Contact:
    eLocity Inc.
    Thomas Clay