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The Wall Street Transcript Publishes Money Manager Interview With Eugene Profit, President at Profit Investment Management.


Business Editors

This analyst interview is presented with

the aforementioned company's full knowledge and permission.

NEW YORK--(BUSINESS WIRE)--Nov. 9, 2000

Eugene Profit, president at Profit Investment Management, examines portfolio management strategies in this timely and deeply informative 4,800-word interview from The Wall Street Transcript (212/952-7433) or http://www.twst.com/info/info207.htm.

In a valuable review of investing strategies, Profit explains his approach to managing money and offers specific stock recommendations.

Profit reports: "Now 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.  (NYSE NYSE

See: New York Stock Exchange
:EMC) is in vogue -- there's a demand for storage due to the Internet and that is playing into EMC's strengths."

According to Profit: "There's no argument that Home Depot (NYSE:HD) is a growth stock for all intents and purposes Adv. 1. for all intents and purposes - in every practical sense; "to all intents and purposes the case is closed"; "the rest are for all practical purposes useless"
for all practical purposes, to all intents and purposes
. If we step into a position like that, we'll hold it for the next three years unless the story changes and we think we'll do very well there."

Profit comments on Lucent Technologies (NYSE:LU), "Here is a growth name that is out of favor temporarily, but one that we believe will make a pretty decent return over the course of the next three years."

"On the low end of computing," Profit says: "You've had Advanced Micro Devices (NYSE:AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ) making some inroads inroads
Noun, pl

make inroads into to start affecting or reducing: my gambling has made great inroads into my savings

inroads npl to make inroads into [+
, but the platform of the future is really in the network space. And unless Linux is able to take over, or Sun Microsystems (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA)
SUNW Stanford University Network Workstation (Sun Microsystems, Inc) 
) is able to make much larger inroads, Intel (Nasdaq:INTC INTC Intel (NASDAQ symbol)
INTC Intercept
INTC Interrupt Controller
) is going to be the processor that the computing platforms are going to use."

Profit discusses Franklin Resources (NYSE:BEN): "If you see a rotation back to value or to international investing, Franklin's valuation should go up. And it's at a price relationship in the marketplace currently that is attractive. So it's a play on a couple of different things, but first and foremost, the fundamentals are good."

Profit continues: "I think valuations are a bit stretched in Exxon Mobil (NYSE:XOM XOM Exxon Mobil Corporation (stock symbol)
XOM X/Open Object Management
XOM OSI-Abstract-Data Manipulation API
XOM Xml Object Model
XOM X/Open Osi Abstract Data Manipulation
). The drillers still have a little more room to expand, just because the demand for the services -- looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 more oil -- will be there. Exxon Mobil may come out with great earnings this quarter."

To obtain this insightful 4,800-word report, call 212/952-7433 or see http://www.twst.com/info/info207.htm.

This week's INVESTING STRATEGIES features the following Money Manager Interviews:

2) Mark Cunneen, managing director at J&W Seligman & Co. Inc., examines portfolio management strategies in this timely and deeply informative 4,100-word interview from The Wall Street Transcript.

3) Marshall Front, chairman at Front Barnett Associates LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, examines portfolio management strategies in this timely and deeply informative 4,800-word interview from The Wall Street Transcript.

4) Mehdi Grayeli, president at Grayeli Investment Management, examines portfolio management strategies in this timely and deeply informative 1,900-word interview from The Wall Street Transcript.

5) Bruce Rauner, managing principal at GTCR GTCR Glacier Travel and Crevasse Rescue  Golder Rauner LLC, examines portfolio management strategies in this timely and deeply informative 5,000-word interview from The Wall Street Transcript.

6) Todd Krieg and Matt D'Attilio, respectively lead manager and co-manager of the Firstar Special Growth Fund at Firstar Investment Research & Management Co. (FIRMCO), examine portfolio management strategies in this timely and deeply informative 7,000-word interview from The Wall Street Transcript.

The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for more than 37 years.

The Wall Street Transcript has launched a new free service where investors can ask the above company (or any public company) a question at http://www.qawire.com.

The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 9, 2000
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