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MondayJun 02, 2008 3:53 am

Shares of Alfacell Corportion (ACEL) Plunge on Preliminary Phase IIIb Trial Results for ONCONASE®

Shares of Alfacell Corporation (NASDAQ: ACEL), a biopharmaceutical company engaged primarily in the research and development of novel ribonuclease (RNase) enzymes for various therapeutic applications, declined sharply last week after the company released the preliminary Phase IIIb trial results of its lead compound ONCONASE®. The findings concluded that the compound did not meet statistical significance for the primary endpoint of survival in unresectable malignant mesothelioma (UMM). The Phase IIIb trial was designed to show a statistically significant improvement in overall UMM patient survival (p < 0.048) for those treated with a combination of ONCONASE® plus doxorubicin compared with patients treated…

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MondayJun 02, 2008 3:51 am

Shares of Insightful Corp. (IFUL) Continue to Rise as Company Focuses on European Market

Trading on Insightful Corporation (NASDAQ: IFUL), a provider of scalable data and text analysis solutions, climbed nearly 10 percent since reporting that the company has reduced its non-GAAP operating loss to $269,000 for the first quarter. Although overall revenues declined during the first quarter of this year, the company expects to continue delivering a series of product releases throughout 2008. According to the company’s first quarter earnings report, Insightful Corporation’s revenues totaled $4.9 million, representing a year-over-year decline of 21 percent. The decrease resulted from a decline in the financial services market and significant turnover in the company’s sales force.…

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MondayJun 02, 2008 3:48 am

2M=2S for Stocks from This Industry

The term ‘Vedanta’ will prove to be unintelligible for the average North American stock investor. It refers to ancient scripture from the sub-continent of India. An industrial group named ‘Vedanta’ has ended May 2008 with a move that at first sight, appears to be less than intelligent. It has bought the copper mining assets of a bankrupt U.S. corporation. The move, on deep reflection, is really as wise as can be expected from the timeless civilization of the Indian sub-continent. Copper is a vital ingredient of the modern world economy. Vedanta has bought the U.S. copper mines without legacy liabilities…

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MondayJun 02, 2008 3:46 am

Economic Weapons of Mass Discrimination and Your Stocks

Trade and business have always been instruments of influence between people of various lands. Economic and industrial developments in Germany, Japan, Korea, and Vietnam during the second half of the 20th century prove that commerce can be more effective and lasting than any bombs or weapons. Iraq should hopefully re-establish the truth of economic links between nations soon. No individual or retail stock investor can influence world peace or war. Similarly, OPEC and other cartels are beyond our purview. However, a global market place will not leave any stock market alone. Small capital stocks are no exceptions to the rules…

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