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Stock Alert: Emerging Public Company Engages Denim Exec as Consultant! April 17, 200618 April 2006
Wall Street News Alert's "stocks to watch" thismorning are: Lyric Jeans, Inc. (OTC: LYJN), Dell (NASDAQ: DELL), VerizonCommunications (NYSE: VZ) and XM Satellite Radio (NASDAQ: XMSR).
As Lyric Jeans, Inc. (OTC: LYJN) continues to ramp up for the introductionof its innovative premium denim wear, the company may be a target ofaggressive investors and day traders this morning! Thursday after the stockmarkets closed, the company issued a press release announcing that it hashired denim industry veteran Sandy Cohen as a consultant.
News of the hiring should excite investors! With over 30 years' experiencein retail, product development and wholesale, Cohen is currently Directorof Retail for Lucky Brand Blue Jeans and also serves as a productdevelopment consultant for Roots Canada and brand manager for Andy RoddickStyle.
Investors should continue to watch the progress of Lyric Jeans! "Sandy is atrend spotter with a keen sense of what makes a successful product line,"said Hanna Rochelle Schmieder, President of Lyric Jeans. "His expertise inthe denim business is invaluable as we approach our launch," she continued.
"In taking on a consulting project, I look for companies with a strategicadvantage. Lyric Jeans has a unique approach to denim by merging fashionand music in a revolutionary way," said Sandy Cohen. "I wholeheartedlybelieve in the Lyric Jeans concept and look forward to helping build theirbusiness," he continued.
The premium denim market has grown in the last five years by tapping intofanatical behavior of teens and young women seeking that perfect pair ofjeans. Over the last few years the premium denim industry has exploded andnow accounts for 5% of the $12 billion retail consumer market.
Wall Street News Alert is placing Aggressive Investors on alert to monitorthe progress of Lyric Jeans! Lyric Jeans is the innovator and manufacturerof premium denim wear characterized by a cutting-edge design strategydriven by music and song lyrics. Through the unique fusion of fashion andmusic, Lyric Jeans utilizes titles from all genres of music as inspirationfor the brand, thereby appealing to a cross-section of various tastes andinterests and enabling it to market its products on a worldwide platform.The company's strength is in its relationships with the music industry andits ability to access the Hollywood community, tastemakers andtrend-setters. Lyric Jeans plans to have showrooms in South Beach, Florida,and Los Angeles, California.
Prior to the latest press release, the stock closed Thursday at Fifty centsa share.
For an in-depth profile of Lyric Jeans, Inc, visithttp://www.thenewssvc.com/LYJN041606.html
To view all of Wall Street News Alert's special early morning tradingalerts for this morning, visit www.WallStreetNewsAlert.com, where you mayalso sign up to receive free email alerts in advance of our press releasesbeing issued.
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Dell (NASDAQ: DELL) down 1% on 16.7 million shares traded.
Dell Inc. listens to customers and delivers innovative technology andservices they trust and value.
Verizon Communications (NYSE: VZ) down 0.6% on 6.3 million shares traded.
Verizon Communications is a provider of advanced communications andinformation technology (IT) solutions.
XM Satellite Radio (NASDAQ: XMSR) up 1.1% on 3.3 million shares traded.
XM is a satellite radio company.
Commentary:
"Encouraging signs continue to point to an improving Economy. Production atfactories, mines and utilities rose by 0.6 percent in March, according to aFed snapshot. The solid increase in industrial production in March cameafter a 0.5 percent advance in February and was the largest sinceDecember," stated Sonja Rudd in Wall Street News Alert's daily commentarycontinued at: http://www.WallStreetNewsAlert.com.
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Wall Street News Alert is a division of Wall Street Capital Funding LLC(WSCF). WSCF is not a registered broker/dealer and may not sell, offer tosell or offer to buy any security. WSCF profiles are not a solicitation orrecommendation to buy, sell or hold securities. An offer to buy or sell canbe made only with accompanying disclosure documents from the companyoffering or selling securities and only in the states and provinces forwhich they are approved. The material in this release is intended to bestrictly informational. The companies that are discussed in this releasehave not approved the statements made in this release nor approved thetiming of this release. All statements and expressions are the sole opinionof WSCF and are subject to change without notice. Information in thisrelease is derived from a variety of sources including that company'spublicly disseminated information, third parties and WSCF research. Theaccuracy or completeness of the information is not warranted and is only asreliable as the sources from which it was obtained. WSCF disclaims any andall liability as to the completeness or accuracy of the informationcontained and any omissions of material fact in this release. The releasemay contain technical inaccuracies or typographical errors. It is stronglyrecommended that any purchase or sale decision be discussed with afinancial adviser, or a broker-dealer, or a member of any financialregulatory bodies. Investment in the securities of the companies discussedin this release is highly speculative and carries a high degree of risk.WSCF is not liable for any investment decisions by its readers orsubscribers. Investors are cautioned that they may lose all or a portion oftheir investment if they make a purchase in WSCF profiled stocks.
This profile is not without bias, and is a paid release. WSCF has beencompensated for dissemination of company information on behalf of one ormore of the companies mentioned in this release. (WSCF has been compensatedTwenty Five Thousand Dollars for current coverage AND was previouslycompensated Twenty Five Thousand Dollars for past coverage of Lyric Jeans,Inc. (OTC: LYJN), by the company, for services provided includingdissemination of company information in this release.) WSCF holds no sharesof the stock. WSCF may receive additional compensation for extension of itsservices. Any additional compensation will be disclosed at such time thatWSCF is aware of a client's desire to extend the original services. WSCFmay have received shares of a company profiled in this release prior to thedissemination of the information in this release. WSCF may immediately sellsome or any shares in a profiled company held by WSCF and may havepreviously sold shares in a profiled company held by WSCF. WSCF's servicesfor a company may cause the company's stock price to increase, in whichevent WSCF would make a profit when it sells its stock in a company. Inaddition, WSCF's selling of a company's stock may have a negative effect onthe market price of the stock.
This release contains "forward-looking statements" within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21E theSecurities Exchange Act of 1934, as amended and such forward-lookingstatements are made pursuant to the safe harbor provisions of the PrivateSecurities Litigation Reform Act of 1995. "Forward-looking statements"describe future expectations, plans, results, or strategies and aregenerally preceded by words such as "may," "future," "plan" or "planned,""will" or "should," "expected," "anticipates," "draft," "eventually" or"projected." You are cautioned that such statements are subject to amultitude of risks and uncertainties that could cause future circumstances,events, or results to differ materially from those projected in theforward-looking statements, including the risks that actual results maydiffer materially from those projected in the forward-looking statements asa result of various factors, and other risks identified in a company'sannual report on Form 10-K or 10-KSB and other filings made by such companywith the Securities and Exchange Commission. You should consider thesefactors in evaluating the forward-looking statements included herein, andnot place undue reliance on such statements. The forward-looking statementsin this release are made as of the date hereof and WSCF undertakes noobligation to update such statements.
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