Investrend Research Announces Investment Opinion: I-Sector Rated 'Buy / 4' By Investrend Research Analyst Oren Meytes, Who Sees 'Favorable Trends'.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- (Investrend Research Syndicate) I-Sector Corp. (AMEX AMEX See: American Stock Exchange : ISR (Interrupt Service Routine) Software routine that is executed in response to an interrupt. ) has been rated a "Buy/4" by Investrend Research analyst Oren Meytes, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration MSc, who said "market trends are very favorable to I-Sector, with increases in general use of IP telephony, Cisco's (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 : CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) dominance in the market and the company's alignment with Cisco." The full report is available at http://www.investrendresearch.com The analyst stated, "This, together with acquisitions will continue enabling a very fast top line growth. The share price is near its 12 month low. There is an improvement in the bottom line from losses to initial profits in the first 9 months, although profitability is still fragile due to quarterly fluctuations. Meytes said a new target valuation will be established in a ResearchNote after the final year end results are published. Other report conclusions: IP telephony will keep growing and gain market share. The technological benefits in cost/feature advantages of IP telephony over traditional legacy circuit switched telephony are simply overwhelming. Cisco is the dominant market leader, with 85% market share. I-Sector has aligned itself completely with Cisco. The company is a "Gold" level Cisco partner and was Regional Partner of the Year for 2003. Sales are skyrocketing: This enabled the company to achieve a fast top-line growth of 47% yoy for the first 9 months of 2004. 2004 is likely to be the first profitable year. I-Sector will expand rapidly also by acquisitions of smaller regional players outside of Texas - possibly as many as 3 - 4 acquisitions during 2005. I-Sector is expected to issue an additional 1.37 million shares on a fully diluted basis in exchange for a minority shareholding of shares and stock options in its largest subsidiary INX INX Information Exchange INX Increment Index Register INX Ion Exchange INX Internet Exchange INX Increment Register Pair . The acquisition dilutions, though, if indeed accretive - will improve 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. . The full report, including important disclosures and disclaimers, available at http://www.investrendresearch.com , and at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company. The analyst's credentials are at http://www.investrend.com/articles/secondlevel.asp?level=238 I-Sector Corp is enrolled in Investrend Research's pioneering professional research program, which facilitates independent analysts to provide financial coverage for shareholders in companies that otherwise, would have little or no analyst following. Enrollment fees for Institutional coverage are $28,300 and the fees were paid by the company. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary Monetary; relating to money; financial; consisting of money or that which can be valued in money. pecuniary adj. relating to money, as in "pecuniary loss. interest, and neither the analyst nor principals of Investrend Research may own or trade in the stocks of companies under coverage. Anyone interested in receiving alerts regarding I-Sector Corp research should email contact@investrend.com with "ISR" in the subject line. |
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