Dan Sullivan Recommends: Adtran, EMC, Nextel, and UTStarcom; and Highlights: Motorola and Yahoo.Business Editors CHICAGO--(BUSINESS WIRE)--July 15, 2003 Any corrective activity should be limited, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dan Sullivan For other uses, see Dan Sullivan (disambiguation). Daniel "Dan" Sullivan was a fictional character in the popular BBC soap Opera EastEnders. He was played by Craig Fairbrass. . His technical analysis and four recent recommendations will poise investors for the next run. Learn about Adtran Inc. (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 :ADTN ADTN Administrative Data Transmission Network ADTN Administrative Data Telecommunications Network ), EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Corp. (NYSE NYSE See: New York Stock Exchange :EMC), Nextel Communications (NASDAQ:NXTL), UTStarcom Inc. (NASDAQ:UTSI UTSI University of Tennessee Space Institute ), Motorola (NYSE:MOT), and Yahoo (NASDAQ:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: As Dan Sullivan and his team go to press, the market is selling off in the throes throe n. 1. A severe pang or spasm of pain, as in childbirth. See Synonyms at pain. 2. throes A condition of agonizing struggle or trouble: a country in the throes of economic collapse. of Yahoo's (NASDAQ:YHOO) disappointing earnings. Actually they weren't all that bad, but analysts were expecting more. In Dan's opinion, the market might correct at this juncture, but he's betting that any corrective activity at this point is going to be limited, possibly in the neighborhood of 5% at the worst. He says this because The Chartist Chartist Another name for technical analyst. This is a person who uses charts to identify patterns that can suggest future activity. Notes: Chartists use technical analysis for just about any type of financial security, especially stocks and commodities. 90% Rule flashed a rare buy signal on Wednesday, June 4th. Fundamentals on Recent Recommendations Adtran Inc. (NASDAQ:ADTN) supplies innovative network access products that enable widespread digital telecommunications applications, including Internet access, telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. , corporate connectivity, video-conferencing and teleradiology. Sales for the first quarter ended March 31, rose 3.5% to $86.2 million compared with $83.3 million a year earlier. Net income increased 143% to $10.5 million and/or .11 cents a share or 27 cents a share versus $4.3 million. EMC Corp. (NYSE:EMC) is the world's leader in information storage systems, software, networks and related services. With data storage and protection continuing to be a top priority for most companies, analysts expect revenue to increase about 15% in 2003 compared to 23% decrease in 2002. Earnings per share should be around 12 cents following a loss of 5 cents last year. Nextel Communications (NASDAQ:NXTL) is a leading provider of fully integrated, wireless communication services in the United States. It uses the Motorola (NYSE:MOT) based, integrated Digital Enhanced Network
Integrated Digital Enhanced Network (iDEN) is a mobile telecommunications technology, developed by Motorola, which provides its users the benefits of a trunked radio and a cellular (iDEN), to provide exceptional sound and transmission quality. Its handsets offer a wide range of features in sharp demand by consumers. It ended 2002 with 10.6 million subscribers, an increase of about 23% since the end of 2001. UTStarcom Inc. (NASDAQ:UTSI) is a global provider of wireless and wireline access and Internet protocol switching solutions. Sales and profits surged sharply in the first quarter ended March 31, 2003. Due largely to strong sales in China, earnings leapt 113% to $37.3 million, or 33 cents compared to $17.5 million or 15 cents a year earlier. The results topped analyst's estimates by 6 cents. Sales jumped 80% to $330.5 million from $183.7 million. Learn about six more of Dan Sullivan's recent recommendations, and get specific information on the eight previous buy signals using The Chartist 90% Rule since 1970 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. Recommendations 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 in this free e-mail newsletter. Get your free subscription to "Profit from the Pros" at: http://www.freeprofit1bw.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://www.freeprofitbw.zacks.com Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. 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 to buy or sell any security. |
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