Wall Street Capital Funding: Stocks to watch Friday morning, November 7th!
Weston, FLA., Nov 07, 2003 (M2 PRESSWIRE via COMTEX) -- Wall Street News
Alert`s "stocks to watch" this morning are: Chimera Technology (OTC: CNOC), ICN Pharmaceuticals (NYSE: ICN), SIMTEK Corp (OTCBB: SRAM), Digital Broadband Network (OTCBB: DBBD) and USURF America Inc. (AMEX: UAX).
Investors need to look at the new developments taking place at Chimera Technology Corp.! The company announced that it had been approved by the NASD for the forward split and commenced trading under the new symbol, (OTC: CNOC), yesterday. The reason for the split could be good news for investors!
Ken Chua, president of Chimera Technology Corp., commented, "The company business plan has been able to be advanced faster than expected and this stock split will therefore position the company to take advantage and improve trading liquidity for new acquisitions and partners. In addition, a broader shareholder
base will greatly enhance the ability of the company to attract financing for a number of projects, which are planned for 2004. Good progress is evident on the company filing updates, and we look forward to the first quarter of 2004, which should see the company complete the update process and the filings being
submitted; which, if approved, should enable Chimera to trade on a more senior exchange."
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