CybeRelease: (OTC: LYJN) Announces Market Advisors Independent Report
(CybeRelease, July 6, 2006) - Lake Harmony, PA - Lyric Jeans, Inc. (Other OTC PK: LYJN) announces that Market Advisors Research has issued the following report.
NEWS FLASH: The manufacturing of denim jeans has become a worldwide industry. It supports a variety of styles, colors, designers, fashions and accessories with the notion of jeans as a symbol of comfort, leisure, work wear and youthful status replacing jeans as work wear. Innovation in the jean market has been rare of late until now. Lyric Jeans is changing that bringing together music and fashion in a really groundbreaking way.
The goal of Lyric Jeans, Inc. is to expand into all the large market areas, such as New York, Miami and Los Angeles, and then globally in places like London and Tokyo.
-- Entered into licensing agreements with Warner Chappell Music and Universal Music Publishing giving Lyric Jeans access to select songs from their award-winning catalogs-- According to NPD Group, a research firm, denim sales reached $15.3 billion in 2005 which is a huge jump over the past few prior years
-- Denim jeans remain one of the fastest-growing apparel product categories with sales robust among consumers of all ages The Lyric Jeans story is one of the most compelling in the clothing sector, and we are initiating coverage with an intermediate target of $1.05.
Lyric Jeans reports that Market Advisors issued a report about Lyric Jeans, Inc. and this is what they had to say.
To read the complete release, go to http://www.CybeRelease.com/lyjn7606.htm.
CybeRelease Gainers are SuperGen, Inc. (Nasdaq: SUPG), Novatel Wireless, Inc. (Nasdaq: NVTL), Nu Horizons Electronics Corp. (Nasdaq: NUHC), A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR), Capstone Turbine Corporation (Nasdaq: CPST), Travelzoo Inc. (Nasdaq: TZOO), Rambus, Inc. (Nasdaq: RMBS) and Hansen Natural Corporation (Nasdaq: HANS).
CybeRelease Decliners are Openwave Systems Inc. (Nasdaq: OPWV), Open Text Corporation (Nasdaq: OTEX), America’s Car-Mart, Inc. (Nasdaq: CRMT), JDA Software Group, Inc. (Nasdaq: JDAS), Sunterra Corporation New (Nasdaq: SNRR), Olympic Steel, Inc. (Nasdaq: ZEUS), Tuesday Morning Corp. (Nasdaq: TUES) and Pacific Sunwear of California, Inc. (Nasdaq: PSUN).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $500.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
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