Bill Martin and Matt Ragas Recommend the Following Stocks: FWHT and VTSS.Business Editors CHICAGO--(BUSINESS WIRE)--Oct. 23, 2002 Tired of the same old rhythm in the marketplace? Find new opportunities through the insights and recommendations of market experts Bill Martin and Matt Ragas, who profile FindWhat.com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FWHT) and Vitesse (NASDAQ:VTSS VTSS Vehicle Theft Security System VTSS Vancouver Technical Secondary School ), and see how good it feels to march to a different drummer Different Drummer Thoreau’s eloquent prose poem on the inner freedom and individualistic character of man. [Am. Lit.: NCE, 2739] See : Individualism . http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: FindWhat's Sizzling siz·zle intr.v. siz·zled, siz·zling, siz·zles 1. To make the hissing sound characteristic of frying fat. 2. To seethe with anger or indignation. 3. Quarter Little followed FindWhat.com (NASDAQ:FWHT), a holding in Bill Martin and Matt Ragas' Special Opportunity portfolio, quietly delivered a blowout Blowout The rapid sale of all shares in a new securities offering. See: hot issue. blowout The nearly immediate sale of a new security issue because of great investor demand. See also hot issue. quarter. Quarterly sales at the pay per click search company leapt over 100% (and 13% sequentially) to $10.9 million and the firm delivered pre tax EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. of 15 cents, beating the company's own projections by 33%. FindWhat has increased its sales sequentially for 12 straight quarters now and has posted an increase in its EPS for 6 straight quarters. FindWhat also upped its 2002 earnings guidance again - from 46 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. up to 54 cents. The company also added that it "anticipates increasing its 2003 guidance in the future." M&R find little not to like about this stock right now. Longer term, they still worry about how competition from the likes of larger rivals could negatively affect FindWhat's margins over the long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. (as competition in this sector further intensifies), but down at this price, they believe the rewards greatly outweigh the risks on FWHT. Vitesse Looks Solid After having a chance to look more in depth at Vitesse's (NASDAQ:VTSS) latest quarterly results, M&R are happy overall with what they see. Vitesse is a holding in the Special Opportunity model portfolio. The company reported fiscal fourth quarter sales of $38.1 million (down 11% sequentially, but up 2% year-over-year) and a loss of $18.7 million or 9 cents per share, which was in line with Wall Street's consensus. Looking ahead to the current quarter, Vitesse expects sales to be basically flat to slightly up (in the $38-$40 million range). No surprises here. As expected, VTSS is nicely holding its ground and managing its costs. Perhaps the most bullish piece of news VTSS offered up to investors is that it believes it can return to profitability by the last quarter of next year. This would be a huge catalyst for the stock. For the near term, though, M&R are just happy to see VTSS continuing to cut costs, manage its expenses and lower its breakeven breakeven 1. The level of output or sales necessary to cover fixed expenses. Companies in industries that have high fixed costs and, consequently, high breakevens, such as automobile and steel manufacturing, are likely to exhibit large fluctuations point in a brutally tough tech/semi environment. Get Bill Martin and Matt Ragas' distinctive and effective commentary and recommendations everyday, along with their 5 Under $5 Stocks You Must Own special report, by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Stock Picks from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts and their hottest stock picks in this free e-mail See Internet e-mail service. newsletter. 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Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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