Winston-Salem 9/30/2009 4:28:34 AM
News / Business

SmallCapReview - Stocks to Watch Wednesday - SNWT, NKE, OREX ,MU

 

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San West, Inc. (OTCBB: SNWT) $1.15. Announced Tuesday after market close its list of aggressive strategic initiatives aimed at dramatically increasing revenues for the short term fiscal year including the 3rd and 4th Quarter of 2009.

 

Strategic Initiatives Poised for the Next 12 months:

 


--  Increased focus on Buggy World Internet sector, where many competitors
    are not reaching target markets for buggy and off-road products.  With
    development of the new website, the company intends to promote itself
    online through sales, specials and a community forum
--  Pursuit of additional Buggy World dealership locations for increased
    market coverage and distribution territory as well as distributorships and
    industry alliances
--  Launch of marketing campaign through advertising, social media and
    increased industry event presence
--  Increased Buggy World distributorship of large industry brand names
    and companies such as recent distributorships with Fox Racing and Thor
--  Promotion of Buggy World repair shop and part sales which research
    shows is an industry niche as well as a revenue stream that increases
    during times of decreased expendable income
--  Added product inventory, such as Redline and Joyner, which appeals to
    wider range of sports enthusiasts

 

Key Milestones Achieved During Past 12 months:

 

--  Acquisition of Buggy World in October 2008, with reported revenue of
    $1.6 million for 2007
--  Merger with Human BioSystems, Inc. making San West a publicly traded
    company on the OTC Bulletin Board
--  Increased Buggy World part sales/repair shop income by 35%
--  Opening of new Buggy World location in Fallbrook, CA, expected to
    increase revenue by 30%
--  New Buggy World representation of top rated product lines such as Fox
    Racing and Thor
--  Redevelopment of Buggy World website with greater focus on online
    retail, off-road community and social portal
--  Awarded exclusive TrophyKart dealership for San Diego County

 

What They Do: San West designs, manufacturers, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies; products are sold via three divisions: at retail store locations; via the online store and; through its growing dealer network.

 

Note: StockTA shows SNWT's chart to be short-term bullish, medium and long-term very bullish.

 

NIKE, Inc. (NYSE: NKE) $60.08. Announed Tuesday after market close financial results for its fiscal 2010 first quarter ended August 31, 2009. First quarter revenues decreased 12 percent to $4.8 billion, compared to $5.4 billion for the same period last year. Excluding changes in currency exchange rates, net revenue was down 7 percent compared to the same period last year. First quarter net income was flat compared to the prior year at $513 million and diluted earnings per share increased 1 percent to $1.04.



What They Do: NIKE is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.

 

Orexigen Therapeutics (Nasdaq: OREX) $9.83. Announced Tuesday after market close that it plans to announce the results of a Phase 2b trial for Empatic(TM) on Wednesday, September 30, 2009 before the markets open. The announcement will be followed by a live webcast and conference call at 8:30 a.m. Eastern time.

 

What They Do: Orexigen Therapeutics, Inc. is a biopharmaceutical company focused on the treatment of obesity. The Company's lead investigational product, Contrave, has completed Phase 3 clinical trials and is on track for a regulatory submission with the FDA in the first half of 2010.

 

Micron Technology (NYSE: MU) $8.40. Announced Tuesday after market close results of operations for its fourth quarter and 2009 fiscal year, which ended September 3, 2009. For the fourth quarter of fiscal 2009, the company posted a net loss of $88 million, or $0.10 per diluted share, on net sales of $1.3 billion. For the 2009 fiscal year, the company posted a net loss of $1.8 billion, or $2.29 per diluted share, on net sales of $4.8 billion. In the fourth quarter and for the 2009 fiscal year, the company generated $357 million and $1.2 billion, respectively, in cash flows from operations. The company ended the year with $1.5 billion in cash and investments.

 

What They Do: Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions.




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Copyright SmallCapReview. SmallCapReview.com has been a leading site for news on small-cap stocks since 1999. SmallCapReview has built a loyal opt-in following for their investor products by providing a newsletter at no cost, sent to subscribers, highlighting select small-cap stocks, to register visit http://www.smallcapreview.com/. Actual results may differ materially from the Company's expectations and estimates. The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. SCR has been compensated three thousand five hundred dollars by a third party Green Horseshoe for its services with regards to San West Inc.