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Zacks.com Announces That Bill Martin and Matt Ragas Highlight the Following Stocks: Amkor, FindWhat.com, and Powerwave.


CHICAGO -- This ugly market is repelling a lot of investors, but Bill Martin and Matt Ragas have recently put some cash to work in three technology stocks. Learn how to take advantage of stocks while they're cheap with this duo's analysis. Read about Amkor (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
:AMKR AMKR Amkor Technology ), FindWhat.com (NASDAQ:FWHT), and Powerwave (NASDAQ:PWAV). Bill Martin and Matt Ragas are editors of the FindProfit newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Here are the highlights from the Featured Expert column:

FindProfit Portfolios Buy More AMKR, FWHT & PWAV from July 28

On Wednesday, Bill Martin and Matt Ragas purchased more shares of Amkor (NASDAQ:AMKR), FindWhat.com (NASDAQ:FWHT), and Powerwave (NASDAQ:PWAV) for the FindProfit model portfolios.

Why Buy More AMKR, FWHT & PWAV?!

It's about as ugly as it gets out there, and stocks are for sale across the board - particularly in techland. Although it's always tough to pull the trigger in an environment like this, Bill and Matt are going to put some of their portfolio cash piles piles: see hemorrhoids.  to work in three existing portfolio holdings.

Here`s a quick rundown Rundown

A summary of the amount and prices of a serial bond issue that is still available for purchase.


rundown

A list of available bonds in a municipal issue of serial bonds.
 of their moves:

Amkor: One of their worst losers to date, Bill and Matt were caught leaning the wrong way over the past few months as AMKR`s stock took it on the chin, thanks to a slowdown in the semiconductor sector. The stock of this $2 billion in revenue test and assembly company now trades for just 20% of its January highs. Albeit not without risk due to the company's leverage (which exposes it to a prolonged pro·long  
tr.v. pro·longed, pro·long·ing, pro·longs
1. To lengthen in duration; protract.

2. To lengthen in extent.
 downturn in the semiconductor cycle), Bill and Matt think we're undergoing a short term inventory correction in the industry - not a meltdown meltdown

Occurrence in which a huge amount of thermal energy and radiation is released as a result of an uncontrolled chain reaction in a nuclear power reactor. The chain reaction that occurs in the reactor's core must be carefully regulated by control rods, which absorb
.

FindWhat.com: The torrent See BitTorrent.

torrent - BitTorrent
 growth rate for the online pay-per-click business cooled slightly in Q2, and jittery investors responded by dumping the stocks of numerous pay-per-click levered plays. FWHT has quietly continued to execute against its game-plan as of late, completing several recent acquisitions and grinding grinding, process by which surface material is removed from an object, usually metal, by the abrasive action of a rotating wheel or a moving belt that contains abrasive grains.  out improved results and guidance. As a result, the company is in better shape than ever. Bill and Matt took some profits off the table in April, and today they're excited to be putting those profits back to work at FWHT`s lower levels.

Powerwave: Like many tech stocks, PWAV`s stock had a wretched first half of the year. Unlike many tech stocks, the company delivered a strong Q2 and doubled its expected cost savings (from $15 to $30 million) from its recently completed LGP LGP Linux Game Publishing
LGP Low Ground Pressure
LGP Local Governance Program (Iraq)
LGP LG.Philips
LGP Lysosomal Membrane Glycoprotein
LGP Linux Global Partners
LGP Left-Green Alliance (Iceland) 
 Allgon acquisition. Guidance was also solid. While Bill and Matt's overall PWAV thesis has not born fruit as of yet, they remain convinced that the company is well positioned to benefit from the 3G wireless infrastructure build out and strong product synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action.  from the LGP Allgon deal. In the end, if PWAV keeps executing, the stock will take care of itself.

Learn more about the above mentioned stocks from Bill Martin and Matt Ragas, and make sure to get their unique analysis on a daily basis, by clicking: http://at.zacks.com/?id=85

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 See Internet e-mail service.  newsletter. Get your free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 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://at.zacks.com/?id=87

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 solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 to buy or sell any security.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 30, 2004
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