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[ManicTrader]

8:10am. 2 SMALL CAP NEWS PLAYS TO KEEP AN EYE ON, BBI&ZIXI

BBI Blockbuster announces new agreements with Fox, Sony and Warner (0.25 )
Stocks been troubled with bk rumors. Not sure about this one but worth watching.
Co announces new agreements with Twentieth Century Fox Home Entertainment LLC and Sony Pictures Home Entertainment Inc. These new agreements, along with the previously-announced agreement with Warner Home Video, will provide day-and-date availability of movies for Blockbuster's store and by-mail channels. Additionally, these studios will provide new enhanced payment terms to Blockbuster in exchange for a first lien on Blockbuster Canada Co.'s assets.
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07:33 ZIXI Zix Corp says current estimates indicate it has achieved its second-best result for new first-year orders in its Email Encryption business with $2.2 mln for Q1; reaffirms Q1 rev and adjusted non-GAAP earnings guidance (2.34 )

Co announces an update on the first quarter 2010. Current estimates indicate it has achieved its second-best result for new first-year orders in its Email Encryption business with $2.2 million for the first quarter 2010, up 195% over the comparable quarter in 2009. Total orders for Email Encryption were $9.2 mln in Q1, including a renewal rate for the quarter of 93% for existing Email Encryption customers. Following the strong number of orders in 4Q09 and the 1Q10, current estimates indicate a significant increase in the Company's cash balances during the first quarter 2010. ZixCorp also affirmed its first quarter 2010 guidance for revenue and adjusted non-GAAP earnings (On Feb 16, the co guided Q1 EPS to a range of $0.01-$0.02 (vs $0.00 consensus) on revs of $8-$8.2 mln vs $8.2 mln consensus)
close 2.35. pre. 2.50 ask, 2.45 bid
$2.50 being strong resis. Bid now at 2.51. Could go either way but one to watch for break out imo.