Zacks.com Expert Watch Highlights the Following Stocks: Cray, Inc., Primus Telecom Group, China-dot-com, and UT Starcom.Business Editors CHICAGO--(BUSINESS WIRE)--Dec. 2, 2003 Prepare for the Bull Run of '04, say some Experts. The first part of a four-part series on investing in 2004; Part 1: The Bull Case. Read the full Experts Watch article with commentary and recommendations on Cray, Incorporated (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 :CRAY), Primus Telecommunications Group, Inc. (NASDAQ:PRTL PRTL Post-Registration Training and Learning ), China-dot-com (NASDAQ:CHINA), and UT Starcom (NASDAQ:UTSI UTSI University of Tennessee Space Institute ), go to; http://expertwatch.zacks.com Here are the highlights from the Experts Watch column: 2003 delivered the oft elusive "second half recovery" that pundits, analysts, strategists and economists predicted from the moment the bubble burst in 2001. The fiscal and monetary authorities combined to create a very positive environment that helped spur recovery in corporate profits and the economy. Market internals are marking improvement in the strength of the Bull, and the Experts that fall in that camp enumerate To count or list one by one. For example, an enumerated data type defines a list of all possible values for a variable, and no other value can then be placed into it. See device enumeration and ENUM. the warrants for their optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op claims. Read on to get their insights, and encouragement for the year to come. Donald Rowe, editor of the Wall Street Digest, believes the strong economic numbers will continue to improve. He particularly takes heart in the 251,000 jobs added between October and November. Rowe is a big fan of technology, and believes that fuel cells will be the true next leap forward. He believes that businesses will increase investment expenditures over the next several years, and feels there are attractive investments all over the tech sector. Cray, Incorporated (NASDAQ:CRAY) has led the super-computing solutions market for many years and continues to create machines that attack the most challenging scientific and engineering problems. Cray earned $.10 in the 3rd quarter, a 150% improvement over 2002. The company expects to grow earnings by 79% this year vs. an industry-average of 11%. Rowe first recommended Cray on October 7th. Primus Telecommunications Group, Inc. (NASDAQ:PRTL) serves 3.5 million customers around the world providing facilities-based telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. . The company has acted to take advantage of global telecom deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. to provide unique, connected solutions for e-business and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. needs. The company has grown earnings an average of 191% over each of the last three quarters on 25% average sales growth. Rowe currently believes that the Chinese yuan This article is about the Chinese currency base unit. For the modern currencies corresponding to the "Chinese yuan", see Renminbi ( is 25-40% undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. and should rise against the dollar. That would remove some of the trade frictions by having the market work against the trade deficit by making Chinese goods more expensive. In the short term, he views the world's most populous pop·u·lous adj. Containing many people or inhabitants; having a large population. [Middle English, from Latin popul country as a source for cheap labor inviting many American manufacturers to relocate, and an exciting new marketplace. Steve Harmon, editor of Technology Investor agrees with the last point and sees profits in some hot technology names with strong China exposure next year. China-dot-com (NASDAQ:CHINA) was Harmon's top performer this year. The company is the leading pan-Asian Internet company that provides both e-business and content/advertising products through its portal network. The company is up 208% over the last 52 weeks, which gives Harmon some concern, though he is still very positive on it. Harmon is adding UT Starcom (NASDAQ:UTSI) to his watch list. The company manufactures wireless and wireline switches that are crucial to the expansion of data transmission such as text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length. , picture messaging picture messaging n → (envío de) mensajes mpl con imágenes picture messaging picture n → picture messaging m, messagerie f , IM, e-mail, web-browsing and much more. The company grew sales 94% in the first 9 months of 2003 and generated 84% income growth. Read the full report with insight from the experts at Zacks.com: http://expertwatch1.zacks.com About Zacks Experts Watch 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 advice ton on all the major investment topics. Recommendations from 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 experts with a track record of beating the street in this e-mail newsletter. Get your free subscription to "Profit from the Pros" at: http://freeprofit1.zacks.com 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://freeprofit2.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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