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

CHICAGO -- 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

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:

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:

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

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Publication:Business Wire
Date:Jan 22, 2007
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