Tuesday, March 25, 2008
LocateStock.com Daily High Five For Tuesday March 25, 2008

Jersey City, NJMarch 25, 2008

The LocateStock.com HIGH FIVE for Tuesday, March 25th are:

 

5 – IHOP Corp. – NYSE:IHP

4 – Sirius Satellite Radio – NASDAQ:SIRI

3 – Lehman Brothers – NYSE:LEH

2 – PC Mall Inc. – NASDAQ:MALL

1 – Bear Stearns – NYSE:BSC

 

IHOP Corp. (NYSE:IHP) and its subsidiaries develop, franchise, and operate International House of Pancakes (IHOP) restaurants in the United States and Canada. Its family restaurants feature table service, and food and beverage items.

 

* From job interviews and first dates to marriage proposals and wedding receptions, IHOP has served up more than pancakes over the last 50 years. As part of a yearlong 50th birthday celebration, the restaurant chain announced Monday that it will gather stories of the heartwarming, unexpected and even wacky events that have happened at IHOP as part of a national contest. The winner of the "It Happens at IHOP" contest will make a lifetime of memories with a grand prize of free pancakes for life. Shares of IHP gained 28 cents or .55% to $51.34 on Monday.

Sirius Satellite Radio, Inc. (NASDAQ:SIRI) provides satellite radio services in the United States. It offers commercial-free music channels that provide a selection of music genres, such as rock, pop, hip-hop, country, dance, jazz, Latin, and classical; and channels of sports, news, talk, entertainment, traffic, weather, and data content.

* The Justice Department on Monday approved Sirius Satellite Radio proposed $5 billion buyout of rival XM Satellite Radio Holdings, saying the deal was unlikely to hurt competition or consumers. Shares of SIRI rose 25 cents or 8.62% to $3.15 on Monday.

 

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

* On Friday, Standard & Poor's, in a continuing sign of loss of confidence in investment banks' profitability, put Goldman Sachs Group and Lehman Brothers Holdings on negative outlook, lowering them from stable. Shares of LEH ended last week up more than 53%. On Monday, Lehman fell $2.01 or 4.13% to $46.64.

PC Mall, Inc. (NASDAQ:MALL) operates as a rapid response direct marketer of computer hardware, software, peripherals, electronics, and other consumer products and services. Its product portfolio comprises notebooks, desktops and servers, software, home electronics, printers and related supplies, storage and related supplies, displays, network and telecommunications, accessories, memory, and input devices.

 

* Last Wednesday, PC Mall announced that Joseph Hayek has joined the Company as Executive Vice President, Corporate Development and Investor Relations. Mr. Hayek will be responsible for optimizing PC Mall's strategic and corporate development efforts, with a particular focus on strategic acquisitions and other growth opportunities, and will also lead the company's investor relations efforts. Shares of MALL rocketed 88% on Thursday, but fell 24.88% in Monday's session. MALL lost $3.50 to $10.57.

 

The Bear Stearns Companies, Inc. (NYSE:BSC) operates as an investment banking, securities and derivatives trading, and clearance and brokerage company serving governments, corporations, institutions, and individuals worldwide. It operates through three segments: Capital Markets, Global Clearing Services, and Wealth Management.

 

* JPMorgan on Monday raised its March 16 takeover offer for Bear Stearns five-fold to $10 a share, also revised its promise to guarantee Bear trades and tightened its hold on Bear's new Manhattan headquarters building. Shares of BSC rocketed $5.29 or 88.76% to $11.25 on the news.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The Company recently launched LocateStock TV, a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, Inc.

 

 

 

 


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