SOURCE: Wall Street News Alert
|
March 05, 2008 08:38 ET
Wall Street News Alert: Hot Stocks to Watch: CPYE! March 5, 2008
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.
WESTON, FL--(Marketwire - March 5, 2008) - Wall Street News Alert's "stocks to watch" this
morning are: Conspiracy Entertainment Holdings Inc. (OTCBB: CPYE), The
Finish Line, Inc. (NASDAQ: FINL), Barr Pharmaceuticals, Inc. (NYSE: BRL)
and Electronic Arts Inc. (NASDAQ: ERTS).
As major announcements of new releases continue to stream from Conspiracy
Entertainment Holdings Inc. (OTCBB: CPYE), the company should have the
attention of investors looking to possible benefit from the explosive
video game industry. Yesterday after the markets closed, the company, a
developer, publisher and marketer of interactive entertainment software in
North America and Western Europe, issued two important press releases. The
first press release stated that the company has shipped "Best of Tests
DS™" for the Nintendo DS to North American retail outlets!
In this release, Keith Tanka, CFO of Conspiracy Entertainment, said, "Best
of Tests marks the second of three new release titles planned in the month
of March. This aggressive schedule should boost sales by the close of the
first quarter, setting the stage for additional sales growth in 2008."
The second announcement of the day stated that the Company's highly
anticipated gaming title for the Nintendo Wii™ "Cocoto Magic Circus" was
shipped to U.S. retail stores on February 26, 2008. Cocoto Magic Circus," a
mini game compilation developed by Neko Entertainment, was first marketed
under the name "Cocoto Fun Fair" to Europe in 2006. Conspiracy gained the
U.S. rights to develop the game for the Wii™ console under the name
"Cocoto Magic Circus," which is currently being distributed through
Conspiracy's agreement with SVG Distribution, Inc.
In this release, Keith Tanaka said, "The fourth quarter of 2007 was a very
strong quarter in terms of the number of released titles and revenues, and
we are continuing this aggressive growth trend in the first quarter of
2008. 'Cocoto Magic Circus' is the third title to be released in March.
Combined with strong Wii: 'Winter Sports' sales, our new releases provide
for significant sales growth in the first quarter of 2008, a significant
turnaround from no revenues in the first quarter of 2007."
The company also reported last week that the multiplayer puzzler game
Octomania for the Nintendo Wii™ will hit North American retail shelves
in March 2008. With U.S. publishing rights to Octomania, Conspiracy has
selected Atlus U.S.A., Inc., a leading publisher of interactive
entertainment, to exclusively distribute Octomania in North America.
This press release follows another announcement made that same week in
which the company reported that it has a publishing deal with Engine
Software, a game developer based in the Netherlands, regarding the release
of its "StateShift™" video game title in the American territories,
including North and South America, and Mexico.
"Handheld video games are becoming immensely popular in the $7.4 billion
U.S. computer and video game software market. In 2006, $1.7 billion was
spent on handheld game software. Through our agreement with Engine
Software, we are positioned to continue to capitalize on attractive
consumer trends. We anticipate to begin generating sales from StateShift in
the first quarter of 2008," said Keith Tanaka, CFO of Conspiracy
Entertainment.
The stock closed Tuesday at around Eight cents a share.
For Wall Street News Alert's in-depth profile of Conspiracy Entertainment
Corp., visit
http://www.WallStreetNewsAlert.com/HotStocks/CPYE030408/default.aspx
In case you are not familiar with the company: Conspiracy Entertainment
Corporation is a developer, publisher and marketer of entertainment
software in North America and Western Europe. The Company develops and
licenses properties from several sources, including global entertainment
and media companies and publishes software for DVD media, wireless devices,
personal computers and videogame consoles, including those manufactured by
Nintendo, Sony Computer Entertainment, and Microsoft Corporation.
Conspiracy Entertainment was founded in 1997 and is based in Santa Monica,
CA.
The Finish Line, Inc. (NASDAQ: FINL) up 8% on 7.3 million shares traded.
The Finish Line, Inc. is one of the largest mall-based specialty retailers
operating under the Finish Line and Man Alive brand names.
Barr Pharmaceuticals, Inc. (NYSE: BRL) up 8.3% on 4.8 million shares
traded.
Barr Pharmaceuticals, Inc. is a global specialty pharmaceutical company
that operates in more than 30 countries worldwide and is engaged in the
development, manufacture and marketing of generic and proprietary
pharmaceuticals, biopharmaceuticals and active pharmaceutical ingredients.
Electronic Arts Inc. (NASDAQ: ERTS) down 1.4% on 4.4 million shares traded.
Electronic Arts Inc. (EA), headquartered in Redwood City, California, is
the world's leading interactive entertainment software company.
Market Commentary:
"Oil News: Oil futures fell sharply Tuesday, dropping below $100 on the
possibility that OPEC will boost production and on expectations that crude
inventories are continuing to rise," stated Sonja Rudd in Wall Street News
Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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