The Bellwether Report Is Doing Due Diligence on CRXA, PWAV, EGHT, and VERT

Today the Bellwether Report has identified four companies that our analysts will be tracking over the ensuing weeks. Corixa Corp. (NASDAQ: CRXA); Powerwave Technologies Inc. (NASDAQ: PWAV); 8X8 Inc. (NASDAQ: EGHT); and VerticalNet Inc. (NASDAQ: VERT).

Shares of Corixa Corp. jumped an exciting 37% this morning. This comes after the announcement that GlaxoSmithKline will purchase Corixa for $300 million.

Following today's announcement of the company's quarter-one profits and scheduled earnings call, Powerwave Technologies Inc. shares rose up over 11% in early morning trading.

8X8 Inc. was trading up 10% as the company ramps up their production while reporting that there is an increased consumer demand for their $99 Packet8 Videophone.

Finally, VerticalNet Inc. was up 18% following today's announcement that Cargill selects VerticalNet to drive transportation sourcing initiatives in North America and Europe.

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