SARASOTA, Fla., Dec. 1, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.: eLocity's stocks to watch for Wednesday are: Reeltime Rentals, Inc. (Pink Sheets:RLTR), ImClone Systems Inc. (Nasdaq:IMCL) and Art Technology Group, Inc. (Nasdaq:ARTG).
Gearing up for Windows XP Media Center Edition 2005 and MSN TV2 for the "set top box" technology is Reeltime Rentals, Inc. (Pink Sheets:RLTR). Reeltime announced the Company's plans to add MSN TV2 and Windows XP Media Center Edition 2005 to its compatible set top box list for the national deployment of its Rental-on-Demand service. Reeltime Rentals, Inc., headquartered in Bellevue, Washington, plans on renting movies in real-time to the living rooms of customers nationwide. Customers will have access to thousands of DVD-quality full-screen movies without the hassles of going to the video store or mailbox, nor the added expense of late fees.
RLTR is trading at around .05 cents a share.
ImClone Systems Inc. (Nasdaq:IMCL)
Biopharmaceutical company ImClone Systems Inc. announced Tuesday the start of patient treatment in a Phase I clinical trial of IMC-11F8, its fully human monoclonal antibody targeting the Epidermal Growth Factor Receptor, in patients with solid tumors. ImClone Systems said that after reviewing its Clinical Trial Application, it received approval to begin the trial from the National Institute for Public Health and the Environment, the Dutch regulatory agency.
Shares of IMCL closed Tuesday's regular trading session at $42.22 on volume of 2.1 million shares.
Art Technology Group, Inc (Nasdaq:ARTG)
E-business, e-commerce and portal solutions provider, McFadyen Consulting, announced Tuesday that the Navy Exchange Service Command has selected McFadyen to build and implement online web stores to serve military personnel and their families. McFadyen said it will employ software provider Art Technology Group's (Nasdaq:ARTG) Personalization, Commerce, and Content Administration software to create a secure virtual online mall for active and retired Department of Defense personnel and their family members.
On Monday Art Technology Group announced that lifestyle retailer American Eagle Outfitters, Inc. (Nasdaq:AEOS) will re-launch its entire online store, ae.com, on the ATG Customer Experience Platform.
ARTG closed Tuesday's regular trading session at $1.11 on volume of 2 million shares. AEOS finished the session at $41.77 on volume of 2 million shares.
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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, here after referred to as "the company". The company received compensation for this newsletter service for RLTR. The compensation is three hundred and fifty thousand free trading shares of RLTR from a non-affiliated third party, Alex Consulting Inc. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
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