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Companies Covered by BlueFire Research Up Average of 10.70% in January 2001.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Feb. 2, 2001

Companies covered by BlueFire Research, an SEC Registered Investment Adviser and an affiliate of Minneapolis-based, strategic consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 BlueFire Partners enjoyed strong average price appreciation for the first month of 2001.

Six companies have been under coverage for a minimum 60 days and have been included in the performance calculations. Companies under coverage and included in the calculations are Shuffle Master, Inc. (Nasdaq:SHFL SHFL Schuylkill Haven Free Library (Schuylkill Haven, PA) ), up nearly 12% in the month, PW Eagle (Nasdaq:PWEI PWEI Pop Will Eat Itself (band) ), up over 4%, Daktronics, Inc., (Nasdaq:DAKT), up over 30%, Ault Incorporated (Nasdaq:AULT), up 9%, Lifecore Biomedical bi·o·med·i·cal
adj.
1. Of or relating to biomedicine.

2. Of, relating to, or involving biological, medical, and physical sciences.
 (Nasdaq:LCBM), up over 13% in January, and IntraNet Solutions, down just under 4% for month. On average, the subjects of BlueFire Research reports appreciated 10.70% in the month of January.

Lee Schafer, Managing Director of BlueFire Research, stated, "January was a great month for Midwest regional small cap stocks. It's great to see investors rewarded with strong market performance in early 2001 for these quality companies."

BlueFire Research was formed a year ago by Minneapolis-based BlueFire Partners to provide investment research on small capitalization growth companies in health care, technology, financial institutions, consumer, and industrial growth sectors. BlueFire Research prepares and provides research reports and periodic updates to investment professionals and the investment community on mid-cap, small-cap and micro-cap companies who, in most cases, are clients of BlueFire Partners. The reports on companies who enjoy full coverage include earnings estimates and recommendations based on fundamental and relative valuation models. BlueFire Research reports are made available to more than 2000 institutional money management firms, representing 30,000 portfolio managers and buy-side analysts Buy-side analyst

A financial analyst employed by a nonbrokerage firm, typically one of the larger money management firms that purchases securities on its own account.
, through First Call Corporation's Research Direct(R) service. Research reports on all of the ten companies currently under coverage can be found and downloaded at www.bluefirepartners.com/bfr/. BlueFire Research expects to initiate coverage Initiate coverage

(1) Firm is now followed by analysts at a particular securities house; (2) Indication to cover short position by purchasing the underlying stock (this cancels out the short position).
 on an additional 10 companies during the first quarter of 2001.

About BlueFire Partners

BlueFire Partners is an independent, privately held professional firm providing strategic consulting services focused on enhancing the enterprise value of its clients. With headquarters in Minneapolis, BlueFire has a national reputation for expertise in advising growing companies in the areas of corporate strategy, investor relations Investor relations

The process by which the corporation communicates with its investors.
, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , graphic design services, media relations, product launch campaigns, performance improvement initiatives and leadership development. BlueFire Research, a subsidiary of BlueFire Capital Markets Group, is an SEC-registered investment adviser providing investment research on small-capitalization growth companies and other investment advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
. For more information on the professional capabilities and services of BlueFire Partners, please visit www.bluefirepartners.com.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 2, 2001
Words:426
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