Wall Street News Alert's "stocks to watch" thismorning are: Universal Detection Technology (OTC BB: UDTT), CienaCorporation (NASDAQ: CIEN), Comverse Technology, Inc. (NASDAQ: CMVT), andVitesse Semiconductor Corporation (NASDAQ: VTSS).
Universal Detection Technology (OTC BB: UDTT) should be in view ofaggressive investors and day traders as the markets begin trading thismorning. Yesterday after the stock markets closed, the company, a developerof early-warning monitoring technologies to protect people frombioterrorism and other infectious health threats, issued a press releaseannouncing that it has received a firm order from a government of a WesternEuropean country for two units of UDTT's BSM-2000 Anthrax DetectionSystems.
The company's new sale should have the attention of investors! According tothe company, this is the first order by a European government for thepurchase of UDTT's bacterial spore monitors, which have been developed incollaboration with NASA's Jet Propulsion Laboratory. The first unit isexpected to be shipped within thirty days and the second unit within sixtydays. At the request of the purchasing government, the name of the countryand the branch of government are currently being withheld until furthernotice. The purchasing government is considered a military ally of theUnited States.
Wall Street News Alert continues to place aggressive investors on highalert to monitor Universal Detection Technology! "This sale represents ourfirst sale of the BSM-2000 to a government, and we are very pleased toreceive the purchase order for two systems and continue to position ourtechnology for commercial application in the international marketplace,"said Jacques Tizabi, UDTT's Chief Executive Officer.
Watch this company for more breaking news!
Prior to yesterday's press release, the stock closed yesterday at aroundTen cents a share.
To view a detailed, in-depth profile of Universal Detection Technology,visithttp://www.thenewssvc.com/UDTT031506.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.
In case you are not familiar with the company: Universal DetectionTechnology (UDTT), founded in 1973, is a developer of advanced monitoringand early-warning technologies whose mission is to help meet today'sheightened security and defense requirements in the global war on terror.The Company's intellectual property portfolio includes licensed patentrights to technology developed by NASA's Jet Propulsion Laboratory (JPL)and its own proprietary aerosol capture technology, which are combined inthe Company's initial monitoring device, the BSM-2000. Management believesthat the Company's technology, together with third-party technologies anddevices, has positioned it to capitalize on growth and value opportunitiesrelated to Homeland Security.
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Ciena Corporation (NASDAQ: CIEN) up 9.6% on 56.3 million shares traded.
Ciena Corporation is a network specialist focused on expanding thepossibilities for its customers' networks while reducing their cost ofownership.
Comverse Technology, Inc. (NASDAQ: CMVT) up 0.7% on 15.9 million sharestraded.
Comverse, a unit of Comverse Technology, Inc. is a provider of software andsystems enabling network-based multimedia enhanced communication services.
Vitesse Semiconductor Corporation (NASDAQ: VTSS) up 7.2% on 14.1 millionshares traded. Vitesse designs, develops and markets a diverse portfolio ofhigh-performance, cost-competitive semiconductor solutions forcommunications and storage networks worldwide.
Commentary:
"GE is buying Zenon Environmental Inc., of Ontario, Canada for $655million. This is General Electric's second purchase of a water filtrationcompany in the past year. Zenons products are used to filter water formunicipal and agriculture use. Last year GE bought a similar companycalled Ionics Inc, a desalination company. Clean water daily is availableto only 50% of the world's population and is some areas is a cherishedcommodity," stated Sonja Rudd in Wall Street News Alert's daily commentarycontinued at: http://www.WallStreetNewsAlert.com.
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