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Zacks $100K Challenge 2007 Top Player Interview features Fibernet Telecom, Omrix Biopharmaceuticals, Juniper Networks and Internet Gold.

CHICAGO -- Zacks.com introduces its $100K Challenge 2007 top player interviews, which feature insights from the leaders of the Zacks Simulator game. This year the Simulator's $100K Challenge allows investors to prove their stock picking abilities by competing directly against other players for a possible $100,000 contract with Zacks.

Michael Cavanaugh (aka: mcav24) is off to a strong start in the Zacks $100K Challenge with a return in excess of 15%. He is currently generating a strong gain with Fibernet Telecom (Nasdaq: FTGX). FTGX, a networking equipment company, has made a strong upward breakout recently. Mcav24 also holds profitable positions in Omrix Biopharmaceuticals (Nasdaq: OMRI), Juniper Networks (Nasdaq: JNPR) and Internet Gold (Nasdaq: IGLD). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=2518

Highlights from the January 17 interview include:

What is his approach?

Michael looks to take advantage of a rise in stock price. "My investment style is technically based with a focus on momentum", explains mcav24. "I look at 3-, 6- and 12-month charts utilizing momentum indicators."

He has used personal experience to improve his trading strategy. Michael says that "time and constant adaptation" have played a big role in changing the way he approaches investing. He admits that his current success is basically the result of "finding a whole bunch of different ways to lose money, before I found a groove".

The Simulator player's holdings include Fibernet Telecom (Nasdaq: FTGX), Omrix Biopharmaceuticals (Nasdaq: OMRI), Juniper Networks (Nasdaq: JNPR) and Internet Gold (Nasdaq: IGLD). Click here to check out this competitor's entire portfolio: http://at.zacks.com/?id=3314.

What does his crystal ball say?

Michael is in the bullish camp. "I believe the Dow is set up for another stellar year. I would look for a minor correction before Q1 is over, and then 13,500 by the end of the year."

Check out the complete interview and learn more about the Simulator at: http://at.zacks.com/?id=2518

The $100K Challenge is On! Do You Have What it Takes?

Sign up now for the Zacks $100K Challenge. It's free. It's fun. It's the place to show your investing prowess. The best stock picker will be rewarded with a $100,000 contract with Zacks. Learn more at http://at.zacks.com/?id=2520

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=2521

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.

(a) The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees.

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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Publication:Business Wire
Date:Jan 22, 2007
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