Dallas, TX 4/22/2009 5:42:32 AM
News / Finance

OTCPicks.com Stocks to Watch for Wednesday, April 22nd KERX, DDRX, THC, COHM, ASYT

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Our Stocks to Watch tomorrow include Keryx Biopharmaceuticals Inc. (Nasdaq: KERX), Diedrich Coffee Inc. (Nasdaq: DDRX), Tenet Healthcare Corp. (NYSE: THC), Coachmen Industries Inc. (OTC: COHM) and Asyst Technologies Inc. (Nasdaq: ASYT).

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KERYX BIOPHARMACEUTICALS INCORPORATED (NASDAQ: KERX)

"Up 80.01% on Tuesday"

Keryx Biopharmaceuticals is focused on the acquisition, development and commercialization of medically important, novel pharmaceutical products for the treatment of life-threatening diseases, including renal disease and cancer. Keryx is developing Zerenex(TM) (ferric citrate), an oral, iron-based compound that has the capacity to bind to phosphate and form non-absorbable complexes. Zerenex is currently in Phase 2 clinical development for the treatment of hyperphosphatemia (elevated phosphate levels) in patients with end-stage renal disease. The Company is also developing KRX-0401 (perifosine), a novel, potentially first-in-class, oral anti-cancer agent that modulates Akt, a protein in the body associated with tumor survival and growth. KRX-0401 also modulates a number of other key signal transduction pathways, including the JNK and MAPK pathways, which are pathways associated with programmed cell death, cell growth, cell differentiation and cell survival. KRX-0401 is currently in Phase 2 clinical development for multiple tumor types. The Company also has an in-licensing and acquisition program designed to identify and acquire additional drug candidates. Keryx is headquartered in New York City.

DIEDRICH COFFEE INCORPORATED (NASDAQ: DDRX)

"Up 120.90% on Tuesday"

With headquarters in Irvine, California, Diedrich Coffee specializes in sourcing, roasting and selling the world's highest quality coffees. The Company roasts and packages coffees under three brands - Diedrich Coffee, Coffee People and Gloria Jean's Coffees. Diedrich Coffee sells its coffees through wholesale accounts including office coffee service distributors, restaurants and specialty retailers, and via the Company's web stores.

TENET HEALTHCARE CORPORATION (NYSE: THC)

"Up 44.37% on Tuesday"

Tenet Healthcare Corporation, through its subsidiaries, owns and operates acute care hospitals and related ancillary healthcare businesses, which include ambulatory surgery centers and diagnostic imaging centers. Tenet’s hospitals and related healthcare facilities are committed to providing high quality care to patients in the communities we serve.

COACHMEN INDUSTRIES INCORPORATED (OTC: COHM)

"Up 63.64% on Tuesday"

Coachmen Industries, Inc. and its subsidiaries manufacture and market system-built housing in the United States. Its system-built housing includes single-family homes, multi-family dwellings, military housing, motels/hotels, group living facilities, and residential subdivisions. The company also offers apartments, condominiums, hotels, and specialized structures for military use; and townhouses, senior housing facilities, and dormitories. It offers its housing under All American Homes, Mod-U-Kraf, and All American Building Systems brand names. In addition, the company, through a joint venture with ARBOC Mobility, manufactures a line of low floor ADA-compliant buses, under the Spirit of Mobility brand name. The company offers its housing directly to builders/dealers in 27 states, who sell, rent, or lease the buildings to the end-users; and directly to the end users. Coachmen Industries was founded in 1964 and is based in Elkhart, Indiana.

ASYST TECHNOLOGIES INCORPORATED (NASDAQ: ASYT)

"Up 68.57% on Tuesday"

Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (FPD) manufacturers to increase their manufacturing productivity and protect their investment in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management, substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst’s modular, interoperable solutions allow chip and FPD manufacturers, as well as original equipment manufacturers, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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