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Stockguru.com: Stocks to Watch for November 7, 2008 - CPBO, PTSEF, PTSG, CYDE, CCHN, and ZYXI

Fri. November 07, 2008; Posted: 07:26 AM
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Nov 07, 2008 (M2 PRESSWIRE via COMTEX) -- ZYXI | Quote | Chart | News | PowerRating -- -- Our Stocks to Watch today include : Capital Pacific Bancorp (OTCBB: CPBO), Points Int. Ltd. (OTCBB: PTSEF), Petrosearch Energy Corporation (OTCBB: PTSG), CyberDefender (OTCBB: CYDE), Clear Choice Health Plans, Inc. (OTCBB: CCHN), and Zynex, Inc. (OTCBB: ZYXI)

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Capital Pacific Bancorp (OTCBB: CPBO | Quote | Chart | News | PowerRating) Shares traded down 3.55% at $4.35

Capital Pacific Bancorp operates as the holding company for Capital Pacific Bank, which provides banking services to businesses and individuals primarily in Oregon. The bank?s deposit products include checking accounts, money market accounts, and certificate of deposits. Its lending activities comprise home mortgage loans, home equity loans/lines of credit, personal loans/lines of credit, small business administration loans, and term loans. The bank also offers capital pacific smart pay (bill pay), credit and debit cards, cashier's checks, safe deposit boxes, notary public services, wire transfers, traveler's checks, and foreign currency services. In addition, it provides wealth management services, including fiduciary services, asset management and administration, and charitable services, as well as treasury management and merchant bank card services. The company was founded in 2003 and is headquartered in Portland, Oregon.

CPBO News Yesterday, Capital Pacific announced it has received preliminary approval of its $4 million application to participate in the U.S. Department of the Treasury's Capital Purchase Program (TCPP). The program is designed to attract broad participation by healthy banking institutions to help stabilize the financial system and increase lending for the benefit of the U.S. economy. Capital Pacific Bank is believed to be the first bank of its size in this region to be approved. "Being accepted to receive TCPP funding recognizes Capital Pacific Bank's financial stability," said Mark Stevenson, CEO of Capital Pacific Bank. "TCPP funds are being made available only to those banks that are in a strong financial position. The new funds strengthen our already strong capital position and increase our capacity for growth."

Points Int. Ltd. (OTCBB: PTSEF | Quote | Chart | News | PowerRating) Shares traded down 2% at $0.49

Points International Ltd. is owner and operator of Points.com, the world's leading reward-program management portal. At Points.com consumers can Swap, Earn, Buy, Gift, Share and Redeem miles and points from more than 25 of the world's leading reward programs. Participating programs include American Airlines AAdvantage program, American Express Membership Rewards , Aeroplan , AsiaMiles(TM), British Airways Executive Club, Northwest WorldPerks , Wyndham Hotel Group's TripRewards , Delta SkyMiles , and InterContinental Hotels Group's Priority Club Rewards. Redemption partners include Amazon.com and Starbucks.

PTSEF News Yesterday, Points announced results for the third quarter ended September 30, 2008. "Points posted another record quarter in terms of revenue and business metrics despite extremely challenging economic conditions," said CEO Rob MacLean. "Our third quarter results demonstrate positive momentum in our business driven by strong volume from our key principal-based partnerships as well as the increasing value of Points' services to our loyalty partners and consumers. During the third quarter we signed a number of new partners including Harrah's Entertainment's Total Rewards Program, TACA International Airlines, and Trident Hotels. Furthermore, during the quarter, we launched our Corporate platform on behalf of British Airways and continue to deepen that important European relationship. In addition, we added both InterContinental Hotel's Priority Club, one of the world's leading hotel brands, and recently Midwest Express to GPX, the world's first peer-to-peer loyalty trading platform. We have also signed an agreement to add AirTran's A+ Rewards to GPX. Given this strong momentum on the partner side as well as encouraging metrics, we are very pleased with the building momentum of this new initiative. Subsequent to the quarter end, we signed a binding letter of agreement with Mexicana Airlines to provide our suite of Buy, Gift and Transfer services to their Frequenta members as well as adding Frequenta miles to the GPX platform."

Petrosearch Energy Corporation (OTCBB: PTSG | Quote | Chart | News | PowerRating) Shares traded down 3.85% at $0.25

Petrosearch Energy Corporation, together with its subsidiaries, engages in the acquisition, development, exploration, and production of crude oil and natural gas in the United States. The company holds 5.54% partnership interest in the Barnett Shale project in the Fort Worth Basin; 100% working interest in the Quinduno Field in Roberts County, Texas that covers approximately 1,755 acres; and 100% interest in the Mississippi Tuscaloosa Prospects in Yazoo County, comprising approximately 2,295 acres and 18 potential drilling locations. It also holds interests in the Gruman prospect located in Stark County, North Dakota. The company was founded in 2003 and is based in Houston, Texas with an additional office in Dallas, Texas.

PTSG News Yesterday, Petrosearch Energy provided a review of recent significant events and the impact of those events on the future operational and corporate strategies of the Company, which included : The extensive effort over the six month period prior to the sale of the DDJET partnership interest ("DDJET") to secure a strategic and/or financial partner. This strategic and/or financial partner would have allowed the Company to continue to finance its participation in DDJET going forward and to acquire a greater interest through the exercise of its contractual rights under the DDJET partnership agreement, and also the decision to commence the project and implement the first phase of the water flood project using a portion of the proceeds from the sale of the DDJET partnership interest.

CyberDefender (OTCBB: CYDE | Quote | Chart | News | PowerRating) Shares traded up 7.96% at $1.22

CyberDefender Corporation provides Internet security products and services for consumers and small businesses. It develops and sells advanced antivirus and antispyware software, identity protection services, and live technical support services. The company?s products are used to combat spyware, viruses, phishing, and dangerous spam. Its products comprise MyIdentityDefender, CyberDefenderFREE 2.0, CyberDefender Early Detection Center 2.0, and CyberDefender Early Detection Center FamilyPak Edition. The company, formerly known as Network Dynamics Corp., was founded in 2003 and is based in Los Angeles, California.

CYDE News Yesterday, CyberDefender announced an agreement with Guthy-Renker, an independent direct-response marketing firm, to create a series of high performance radio and TV commercials, emphasizing a simple solution to address computer virus awareness and bringing antivirus software to a larger audience. This relationship, when fully implemented, could generate over one million new subscribers for CyberDefender in 2009. Guthy-Renker will promote CyberDefender's flagship products, the Early Detection Center, the Live PC Tech-on-Call Service and the CyberDefender Identity Protection Service helping to establish CyberDefender as the best brand in its industry.

Clear Choice Health Plans, Inc. (OTCBB: CCHN | Quote | Chart | News | PowerRating) Shares traded down 9.09% at $10.00

Clear Choice offers affordable health plans to meet the needs of employers, providers and consumers. The company provides health insurance, including Medicare Advantage plans, commercial plans, individual plans and administrative services to individuals and businesses throughout the region. The company also offers life, disability, dental, vision and voluntary benefits programs. Clear Choice is dedicated to the development of community-based health insurance plans.

CCHN News Yesterday, Clear Choice Health Plans reported financial results for the third quarter and nine months ended September 30, 2008. Clear Choice posted income from operations of $1.0 million for the third quarter of 2008, up from $497,000 for the same period a last year. Earnings before taxes for the 2008 third quarter amounted to $1.4 million, compared with $1.3 million in the corresponding prior year period. For the 2008 third quarter, total premium revenue increased 26.2% to $56.3 million from $44.6 million a year ago. Net income for the 2008 third quarter declined 37.4% to $491,000, equal to $.28 per share, from $783,000, or $.42 per share, a year ago, with the decline primarily attributable to significantly lower investment income.

Zynex, Inc. (OTCBB: ZYXI | Quote | Chart | News | PowerRating) Shares traded up 37.50% at $2.75

Zynex, Inc. engineers, manufactures, markets, and sells medical devices for the electrotherapy, and stroke and spinal cord injury rehabilitation markets primarily in the United States. It primarily offers electrotherapy products for pain relief and pain management; and NeuroMove for stroke and spinal cord injury rehabilitation. The company?s products are useful for patients suffering with impaired mobility from stroke and spinal cord injury, as well as for those suffering from debilitating and chronic pain. Its electrotherapy products include IF 8000, an interferential and muscle stimulation device; IF 8100, a fixed program version of the IF8000; TruWave, a dual channel transcutaneous electrical nerve stimulation (TENS) device; E-Wave, a dual channel neuromuscular electrical stimulation device (NMES); and NM 900, an EMG triggered electrical stimulation device. In addition, the company distributes Elpha 3000, a dual channel NMES device; Conti4000, an electrical stimulation device for incontinence treatment; ValuTENS and Elpha 1000 Dual Channel TENS Devices; DCHT, a cervical traction device; LHT, a lumbar traction device; and electrodes that are re-usable for delivery of electrical current to the body. Zynex markets its products through commissioned, independent sales representatives, as well as directly to end users through advertisements and articles in relevant publications and on the Internet. The company, formerly known as Zynex Medical Holdings, Inc., was founded in 1998 and is headquartered in Littleton, Colorado.

ZYXI News Yesterday, Zynex announced an increase in its orders of 136% for October of 2008 compared to the same month last year. Zynex received 3,177 orders for October of 2008; of this number, 264 were orders for devices for which Anthem is currently denying payments. Although the Company is moving to only providing Anthem insureds with alternative and currently reimbursed devices, some orders were still in the pipeline and included in the orders for October 2008. In addition, the Company is seeking to replace some unreimbursed devices placed in October with Anthem patients.

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