12.5.03 AXXel’s Interesting Stocks using AXXel’s VTAR
December’s Interesting Stocks
Using, AXXel Knutson’sVTAR™
December 5th, 2003
[“Volume Trade Analysis Research”™]
“Manage the risk…the profits will take care of themselves”
“In this business, being right is not as important as making money…consistently, and one of primary tenets of the quest is the avoidance of the ‘obvious risk’”
Securities offered through
Cantella & Co., Inc.
Member NASD & SIPC
197 Mountainview Road – Warren – NJ – 07059
Email: axxel@cantella.com
Telephone: 908.647.5750 FAX: 908.842-9150
Cantella & Co., Inc. is registered in all states. Mr. Knutson’s registered states are listed in the disclaimer section. TradingWeapon™ VTAR™ [Volume Trade Analysis Research™] TradingWeapon & TradingEngine is Trade/service marked by and owned by Axxel Knutson.
© 1999-2003 all rights reserved, AXXel Knutson
[“Tradingweapon.com” is the business name for AXXel Knutson, who is a Registered Principal of an independently owned office of Supervisory Jurisdiction [OSJ] with Cantella & Co., Inc. TradingWeapon.com offers all of its securities business through Cantella & Co., Inc., a member of the NASD/SIPC. Cantella is a correspondent of Bear Stearns
Here is what I babbled July 11th, 2002 about the market:
“ UPDATE July 11, 2002: This index is OVERSOLD. We may dislike it…but there is money to be made here we think and that overrides bias.
……………………………………………………………………………………………..
January 7th, 2003
“Our” bottom of July was tested again in October [you may recall that “sinking feeling” but nevertheless those are good bottoms unless one is referring to M. Monroe, of course.
Additionally, the consolidation of the advance in the fall further confirmed the lows and with 11 quarter point rate drops and one 50 point rate drop courtesy of Big Al and the “I am asleep at the switch boys at the Fed” [can you really believe that it took them 12 rate drops? Can you imagine just how sleepy this group really is? Of course you can…. I can.
And here is that index [the Nasdaq 100] we have loved to hate so much and with Nasdaq throwing in the towel, it is now A BRAND NEW index…if you throw out a third of the stocks and start over…just what kind of an “index” is this anyway? Very icky mathematics for sure…we will call this the “Index that will remain an index as long as the junk in the index keeps going up…then when the stocks in the index crash, we will simply replace all the stocks and start over thus giving the investing public renewed faith in our index [for awhile anyway].” I know it is a long name for an index, but we will simply call it the “icky index” for short and you will know what we mean.
It being the icky index that it is, retested with a vengeance in October of 2002 but we do have a bottom…”
UPDATE: AUGUST 22, 2003: The Nasdaq 100 which was under 800 in the last quarter of 2002 is now at 1300 or an increase of over 60% from the trough and about 50% from our buy signal of July 11th, 2002. Just who in July of 2002 suggested we were at a bottom? Well, who? Are we selling? No. That should tell you volumes about where we think the market is going.
UPDATE December 3, 2003: The overall market has taken the last 60 days off consolidating the strong advance of the market and now appears ready to press the advantage to the upside. This is particularly true in the case of the small to mid-cap stocks and the positive divergence in the Russell 2000 is fairly clear when compared to the Nasdaq Composite and somewhat less clear in terms of the broader based S & P 500. We remain very constructive. You can also see the positive divergence in the S & P Midcap 400 and the S & P Small Cap 600. We continue to recommend the sale of most mutual funds in favor of individual stock investment in these stocks. We continue to recommend that the liquidation of mutual fund shares as we believe that most fund companies cannot effectively manage money in an environment that has rapid industrial groups going in and out of favor and where the investment philosophy of the fund manager is still mired in the tactic that worked well from 1981 to 1999-that “buy and hold” strategy is dead in our view and the age of investing along the lines of Warren Buffett has passed. This, of course remains a minority view. We can’t help that. The November Jobs Report came in on the light side this week and the catalyst to the upside is still in the wings. Profit-taking this year is likely over, but that is not the case in January. We are cautious short-term to Ground Hog Day.
NOW FOR SOME STOCKS…
Tivo, Inc. [TIVO-6.48] The Group's principal activity is to provide television services for Digital video recorders (DVR's). Their subscription-based television service provides consumers with an easy way to record, watch and control television. Below is the weekly chart and the consolidation from the advance to nearly $15 appears nearly complete. We would appreciate a break of five to add to positions. Accumulate.
Chart is courtesy of Clearstation.com
Imax Corp [IMAX-7.67] The Group's principal activities are to design, manufacture, market and lease proprietary projection and sound systems for IMAX theaters. The Group develops digital re-mastering, post-production and distribution of films in the IMAX theater network. The stock has been strong because of the recent release of "The Matrix Revolutions," presented in the unique Imax format. The base of the stock is at the $7 ½ level with the spike to just over $10. We think that is a target that can be surpassed and this is the level to acquire the stock. We rate accumulate here and a strong buy on a break of $5.00.
IMAX Chart is courtesy of Clearstation.com
Priceline.com., Inc. [PCLN-17.68] Bad news, price destruction, analyst downgrades and a break of an important decade number [$20]. What could be better? Buy. Here is the new that sunk this stock into our buying range on November 5th, ’03: “Priceline ( PCLN ) stumbled $7.59 to close at $21.66, on volume of nearly 16 million shares. Priceline warned that fourth-quarter net income would come in at 2 cents to 8 cents a share, shy of the 11-cent average estimate of analysts polled by Thomson First Call. The company said it swung to a third-quarter profit of $9.7 million, or 24 cents a share, on revenue of $243.4 million, from a loss of $24.3 million, or 64 cents a share, including charges, on revenue of $240 million.” Well that was November…and this is December and the stock is not near the recent high of $33, but under $20. Accumulate here and a strong buy on a break of $15.
Imco Recycling, Inc. [IMR-8.10] The Group's principal activity is to own and operate aluminum recycling and alloying facilities and zinc manufacturing facilities. The Group operates in two segments: Aluminum and Zinc. The Aluminum segment includes processes such as aluminum melting. With improved metals prices and an improved capital structure for the company, we expect a successful attack on the double-digit level. Buy.
North American Palladium [PAL-7.27] The Group's principal activities are the exploration and mining of Platinum Group metals and certain base metals. The platinum group metals are palladium, platinum, gold, copper and nickel. Palladium is used in autocatalysts to reduce harmful engine exhaust emission from automobiles. With a solid base at the $5-6 level, the stock looks like an attack on double digits will be successful. If so, the percentage accomplishment for us will be quite acceptable. Strong Buy.
Northgate Exploration, Ltd. [NXG-2.07] with record quarterly earnings and a solid short-term base at the $2.00 level, this stock looks ready for the next up-leg and that could mean a rather meaningful move. No guarantees mate.
Richmont Mines, Inc. [RIC-4.96] The Group's principal activity is to acquire, explore and develop mining properties, principally gold. The Group operates in two Canadian provinces: Quebec and Newfoundland. The Group's mining properties consist of Nugget Pond Mine and Mill, Hammerdown Mine, Francoeur Mine, Camflo Mill and Louvem Mines. Precious metals accounted for 96% of 2002 revenues and other, 4%. The previous high in October at $5.29 surely looks like the target and we suggest accumulation here and upon any break of $5.00. Buy.
Durban Roodepoort Deep [DROOY-2.54] is a high cost gold producer-certainly not a plus, but the stock has a discount that reflects that fact. We think that it will play catch up. The writer’s family holds a long position in this stock. DROOY operates gold mines in South Africa and Papua New Guinea. Gold is the Group's main product, derived both from deep-level and open-cast gold mining, and from the retreatment of surface material. The Group's South African operations comprise: Blyvooruitzicht Mine, Consolidated Crown Gold Recoveries, the North West Operations (Hartebeestfontein and Buffelsfontein Mines), and the curtailed West Wits and Durban Deep Mines. Its operation in Papua New Guinea is the Tolukuma Mine.
DROOY Chart is courtesy of Clearstation.com
We wish all of our newsletter recipients the very best of holidays and a prosperous New Year. Watch out for January as investors who were reluctant to take profits in December 2003, take those profits in the New Year.
AXXel Knutson
DISCLAIMER
Investment decisions should not be based solely on our proprietary indicators, which are intended as an adjunct to your additional analysis. Please accept these comments as market commentary. We do not intend these comments to replace detailed fundamental analysis. We urge you to accomplish that additional research via your contacts on the Internet or through a trusted financial advisor. If you want additional information on any of the securities discussed within, we will give it upon your request.
This report has been prepared from original sources and company data we believe to be reliable, but we make no representation as to its accuracy or completeness. This report is published solely for information purposes. It is not to be construed either as an offer to buy or sell or the solicitation of an offer to buy or sell any security or the provision of or an offer to provide investment services in any state where such an offer, solicitation or provision would be illegal. Any opinions expressed herein are statements of our judgment on this date and are subject to change without notice and we likely not update that change to you. The opinions expressed are that of AXXel Knutson and are not necessarily representative of Cantella & Co., Inc. Cantella & Co., Inc., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold, or sell a position in the securities mentioned herein. Brokers with Cantella will likely have differing opinions.
The author of this report, Axxel Knutson, very rarely invests in any of the securities mentioned in these reports nor does his immediate family unless such securities are management companies of mutual funds or indirectly if such equities are included in mutual funds or index options. Equity investment involves risk of capital loss. We recommend that your portfolio be diversified by company size, industry group, and geographic region and by currency.
It should not be assumed that future selections will be profitable or will equal the performance of past selections. Securities listed herein illustrate selections made using proprietary indicators known as VTAR™ [Volume Trade Analysis Research™]. These names, VTAR™, TradingWeapon, www.TradingWeapon.com Trading Engine™, www.tradingengine.com ™, Volume Trade Analysis Research™, are service marks/trademarks of AXXel Knutson.
All recommendations and commentary are directed toward sophisticated, aggressive traders who have significant experience trading in a volatile market and who possess the financial resources to risk a loss of some or all of their invested funds. Commissions and, if you use margin, interest charges will lessen any return on investment. VTAR [Volume Trade Analysis Research] centers around the proprietary analysis of trading volume, price, general fundamental analysis, beta concerns, group rotation and detailed analysis of risk as it relates to entry and exit points in reasonably liquid stocks.
AXXel very rarely trades in the same stocks as clients or those written about in his newsletters or spoken about in media appearances with the exception of stock index options and mutual fund management companies. AXXel will disclose positions personally held in any such stocks in newsletters when published. Cantella & Co., Inc. Securities, its brokers and its officers may take and have positions although they receive no advance notice of new recommendations or changes in opinion. Those interested in additional information on any stocks discussed within may call at 908-647-5750 or email AXXel at axxel@cantella.com. We do not deal in BB stocks [with the exception of some ADR’s]. Refreshing, isn’t it?
Mr. Knutson is registered in the following states and additional states may be added upon a client relationship: CA, Fl, GA, HI, OH, KS, KY, MA, MD, ME, OR, TX, VA and. WA. Other states may be temporarily registered or pending.
Stock charts provided through the good offices of www.clearstation.com. Our research can also be found at WWW.Multex.com and on www.ibes.com on a pay-per-report basis. AXXel's VTAR Newsletter-December 5, 2003
AXXel’s
Precious Metals Group
December 4, 2003
Update of the September 3, 2002 and January 9th, 2003 Reports
Using, AXXel Knutson’s
VTAR™
[“Volume Trade Analysis Research”™]
“Manage the risk…the profits will take care of themselves”
“In this business, being right is not as important as making money…consistently, and one of primary tenets of the quest is the avoidance of the ‘obvious risk’”
Securities offered through
Cantella & Co., Inc.
Member NASD & SIPC
197 Mountainview Road – Warren – NJ – 07059
Email: axxel@cantella.com
Telephone: 908.647.5750 FAX: 908.842-9150
Cantella & Co., Inc. is registered in all states. Mr. Knutson’s registered states are listed in the disclaimer section. TradingWeapon™ VTAR™ [Volume Trade Analysis Research™] TradingWeapon & TradingEngine is Trade/service marked by and owned by Axxel Knutson.
© 1999-2003 all rights reserved, AXXel Knutson
[“Tradingweapon.com” is the business name for AXXel Knutson, who is a Registered Principal of an independently owned office of Supervisory Jurisdiction [OSJ] with Cantella & Co., Inc. TradingWeapon.com offers all of its securities business through Cantella & Co., Inc., a member of the NASD/SIPC. Cantella is a correspondent of Bear Stearns
Here PRECIOUS METALS: Has been a horror story for about two decades. There was a time when this writer bought gold for clients, through Deak Pererra in New York and arranged for transport of about ½ of it to banks in Austria. Today is not that environment.
NOTE: UPDATED INFORMATION IS IN BOLD AND HIGHLIGHTED
But it was Chairman Paul Volcker, appointed during the Carter administration, that finally taught Congress [and a few presidents] that if they continued to spend that the Fed was not willing to go along with such fiscal irresponsibility particularly after Vietnam. And that he would raise rates… to 15%, to 20% to …do you want to try for 50%? He was chairman of the Board of Governors of the Federal Reserve System in 1979. He pursued a restrictive monetary policy to combat inflation. He won that battle and that lesson WAS learned by government. It was a turning point in terms of my view of economics that with a strong Fed we would eventually curb governmental spending and that, in turn, eliminated the need for gold and other precious metals in client portfolios and it was SOLD. Indeed, it was August of 1981 when the Dow was at 888 that I published my “DOW 3,000” button-here it is…interest rates were 20%.
Dow 3,000 button, August 1981 [Dow Jones Industrial Average 888]
The FED did ease and put money back into the system in 1982, interest rates fell sharply, and the Great Recovery began. But it was Volcker, and only Volcker, that engineered the Dow 3,000, indeed the Dow 10,000 and eliminated the then need for gold because rationality had returned to the economic scene in the U.S.
Paul [bad glasses, good economics]
But that was two decades ago and we have had gold production facilities closed and above ground stocks reduced. Add to that the current international climate where we continue to purchase crude supplies from the very people intent on killing us. Have we learned our lesson there? Of course not. Did we learn our lesson in 1973 with gas lines three time around the block…am I glad I had a diesel car and could pull right up to the pump in those days, or what?
This is a problem that a Volcker, a Greenspan cannot fix. This problem takes leadership and that is something we are very short of and hence the need for precious metals in portfolios and perhaps some physical gold as well.
What would it take to eliminate the need for precious metals again? How about a gas-guzzler tax at the pump? If your car gets under 20 MPG as mine does, YOU have to cough up another $5.00/gal. If your car gets under 30 MPG you only have to cough up an additional $3.00/gal. If your car gets 50 MPG you get a 50-cent credit at the pump and if your car gets 75 MPG you get your gas ½ off.
Fantasy? Of course. Such a program would take leadership. It would take a president getting in front of a crisis for a change and promoting such an idea and yet giving the American people, let’s say, five years, before it takes hold…that would be enough time to change buying habits.
· Once done: we would eliminate our balance of payments.
· Interest rates would go to zero and you would have to pay banks just to hold your $$$
· Our defense situation would eliminate our dependence upon unstable sources of crude
· Middle eastern countries that hate us would become poorer and less able to aggravate AXXel and you.
· And we would still be able to get to the Piggly Wiggly in the same time as it takes as now in just about the same level of comfort
· And there would be fewer Ford Excursions, Chevy Tahoes to crash into your kids killing them whilst the drivers of those beasts sit high up wondering why you did not get out of their way on I-95.
Volcker was succeeded as Federal Reserve Board chairman by Alan Greenspan in 1987. One might read his book: The World's Money and the Threat to American Leadership (1992)
NOW ON TO THE STOCKS:
December 4, 2003: Now we have $400/oz and we can expect some consolidation from current levels in most stocks. Let’s update the numbers.
January 8th, 2003 UPDATE: After a steady rise above $300 an ounce last year, gold sped to a six-year high of $350 an ounce this week after a relentless 22-year slide. On Tuesday it had eased to $347. We think that the move for gold is not yet over…it has, after all, taken a decade and a half off from the high at $850/oz. Further, we think the gold and silver stocks are measurably behind the metals in terms of price and hence our very bullish stance.
Newmont Mining [NEM-28.85] the leader in the group and very undervalued. In the interest of FD, my family does own this issue]. After a nice move in the first quarter, NEM has been consolidating that $18 to $32 move and it now appears that the consolidation is finished. STRONG BUY. Here is the recent news: “Newmont Mining Swings to 2nd-Quarter Profit, Sees Gold Prices Rising
January 8th, 2003 UPDATE: [NEM-27.96] they were correct in their assumption of increasing prices for gold. So are we. Strong buy, still. The stock has a superior double bottom at the low $20 range and we think it can attack the 30’s and perhaps the $40’s.
UPDATE December 4, 2003: $49.70 and we can expect some very minor consolidation here and would use that as a buying opportunity. Newmont Mining Corporation Holding Company Formerly known as Newmont Mining Corporation. The Group's principal activities are to explore and produce gold and acquire and develop gold properties worldwide. The Group produces gold from operations in Nevada, California, Peru, Indonesia, Mexico and Uzbekistan. It also produces copper concentrates from a copper/gold deposit in Indonesia.
Barrick Gold Corp. [ABX-15.50] very similar in terms of the development of the price of this stock. The base is mid teens and there we are again. STRONG BUY. Here is the news link: biz.yahoo.com.
January 8th, 2003 UPDATE: $15.41 very much behind the metal in terms of price. Strong buy, still.
UPDATE December 4, 2003: $ 22.70 + 46.5% the recent press releases tell the very positive story: barrick.com. We still consider this stock very undervalued and continue to recommend it as a strong buy.
TVX Gold [TVX-13.24] holding better than NEM or ABX but also with more air beneath. The VTAR numbers are quite positive and we rate a “STRONG BUY.” The company has moved to the profit column. January 8th, 2003 UPDATE: $15.11 the bottoms were at ten and there were about three of them. Strong buy, so kiss goodbye to the teens in our opinion…no guarantees, mate.
UPDATE December 4, 2003: Buyout by Kinross completed. You should own Kinross now. [KGC-8.91] = Buy. The Group's principal activities are mining and processing of gold and silver ore and the exploration for and acquisition of gold-bearing properties, principally in the Americas, Russia, Australia and Africa.
Echo Bay Mines [ECO-$0.95] not the quality, but not the price either…still in the base with spikes to $1.25 plus…capable of attacking that number. Company still has major problems. See news: biz.yahoo.com. There are much better choices. January 8th, 2003 UPDATE: $1.21 and now on top of the base. Buy.
Buyout by Kinross completed. You should own Kinross now. [KGC-8.91] = Buy. The Group's principal activities are mining and processing of gold and silver ore and the exploration for and acquisition of gold-bearing properties, principally in the Americas, Russia, Australia and Africa.
Kinross [KGC-8.91] with a strong base at the $8 level, we consider this one of the most undervalued particularly in view of the acquisition of Echo Bay Mines and TVX Gold. Strong Buy.
Ashanti Goldfields Corp [ASL-4.97] an African miner and with the risks associated with the continent. Here is the link for news: biz.yahoo.com. ASL appears quite positive and we rate as “Buy.” January 8th, 2003 UPDATE: $6.15 and we upgrade to “strong buy.”
UPDATE December 4, 2003: $14.00, + 181% buyout by Anglogold in process. U ASL in the market. Hold Anglo Gold [AU-48.65].
Anglogold, Ltd [AU-22.37] and a bargain in the group. Strong Buy. And the links for news and balance sheet. January 8th, 2003 UPDATE: $34.95 and a bargain it was. We see no reason to back off. Strong buys, still
UPDATE December 4, 2003: $48.65, + 117%, the base on AU is still far from extended and although the stock could see a break of $5 we believe such a break is an opportunity to add to positions. See chart that follows.
Durban Roodepoort Deep [DROOY-2.53] a new recommendation – this is not a low cost producer, but that is reflected in its price. It is in the base and we will buy here. [Note: the writer’s family holds a position in this stock and it may be sold, added to or optioned without any notification to anyone].
SILVER
Coeur d’Alene Mines [CDE-2.01] an exceptionally strong issue with a move that saw the stock lift from the base at 70 cents to $2.25. That move is consolidated and now we have very low speculative levels pushing toward that recent high. Again in FD, I own this issue. The company is restructuring debt, increasing production and lowering costs per ounce. STRONG BUY. January 8th, 2003 UPDATE: $1.99 and a wild ride for sure but with much improved prospects and balance sheet. Strong Buy. [FD-I own this issue-FYI].
UPDATE December 4, 2003: $5.28 + 163% - we expect a minor break of five and consider that break an opportunity to buy and increase positions.
CDE chart courtesy of Clearstation.com
Apex Silver Mines, Ltd. [SIL-13.85] not exactly the same power as CDE, but nearly so. BUY. January 8th, 2003 UPDATE: $15.50. The base remains solid indeed and we upgrade to “strong buy.”
UPDATE December 4, 2003: $17.95, +26% acceptable performance but we will downgrade to “buy.”
Pan American Silver Corp. [PAAS-6.75] revenues up, losses less, production up…Accumulate. January 8th, 2003 UPDATE: $8.22 again with an outstanding base and a crash pattern in July we now think we can get the opposite, a “mirror” move but now to the upside and that takes us to the teens as an objective. Upgrade to “strong buy.”
UPDATE December 4, 2003: $13.08 + 93% and no change of opinion. Strong Buy.
Hecla [HL-4.03] but ahead of itself with the move 70 cents to $5.00. Hold. January 8th, 2003 UPDATE: $5.18 and a recent announcement of a stock offering will likely keep a lid on the stock until the offering is complete, but then some expected press of the highs and that takes us to double digits with some patience. Have the patience. Buy any downside breaks. Strong Buy.
UPDATE December 4, 2003: $8.08 + 100% with a break of $8.00 very likely, this stock is consolidating the strong advance off the base at the $6.00 level. Our rating remains “strong buy.”
=========
DISCLAIMER
Investment decisions should not be based solely on our proprietary indicators, which are intended as an adjunct to your additional analysis. Please accept these comments as market commentary. We do not intend these comments to replace detailed fundamental analysis. We urge you to accomplish that additional research via your contacts on the Internet or through a trusted financial advisor. If you want additional information on any of the securities discussed within, we will give it upon your request.
This report has been prepared from original sources and company data we believe to be reliable, but we make no representation as to its accuracy or completeness. This report is published solely for information purposes. It is not to be construed either as an offer to buy or sell or the solicitation of an offer to buy or sell any security or the provision of or an offer to provide investment services in any state where such an offer, solicitation or provision would be illegal. Any opinions expressed herein are statements of our judgment on this date and are subject to change without notice and we likely not update that change to you. The opinions expressed are that of AXXel Knutson and are not necessarily representative of Cantella & Co., Inc. Cantella & Co., Inc., its affiliates and subsidiaries and/or their officers and employees may from time to time acquire, hold, or sell a position in the securities mentioned herein. Brokers with Cantella will likely have differing opinions.
The author of this report, Axxel Knutson, very rarely invests in any of the securities mentioned in these reports nor does his immediate family unless such securities are management companies of mutual funds or indirectly if such equities are included in mutual funds or index options. Equity investment involves risk of capital loss. We recommend that your portfolio be diversified by company size, industry group, and geographic region and by currency.
It should not be assumed that future selections will be profitable or will equal the performance of past selections. Securities listed herein illustrate selections made using proprietary indicators known as VTAR™ [Volume Trade Analysis Research™]. These names, VTAR™, TradingWeapon, www.TradingWeapon.com Trading Engine™, www.tradingengine.com ™, Volume Trade Analysis Research™, are service marks/trademarks of AXXel Knutson.
All recommendations and commentary are directed toward sophisticated, aggressive traders who have significant experience trading in a volatile market and who possess the financial resources to risk a loss of some or all of their invested funds. Commissions and, if you use margin, interest charges will lessen any return on investment. VTAR [Volume Trade Analysis Research] centers around the proprietary analysis of trading volume, price, general fundamental analysis, beta concerns, group rotation and detailed analysis of risk as it relates to entry and exit points in reasonably liquid stocks.
AXXel very rarely trades in the same stocks as clients or those written about in his newsletters or spoken about in media appearances with the exception of stock index options and mutual fund management companies. AXXel will disclose positions personally held in any such stocks in newsletters when published. Cantella & Co., Inc. Securities, its brokers and its officers may take and have positions although they receive no advance notice of new recommendations or changes in opinion Those interested in additional information on any stocks discussed within may call at 908-647-5750 or email AXXel at axxel@cantella.com. We do not deal in BB stocks [with the exception of some ADR’s]. Refreshing, isn’t it?
Mr. Knutson is registered in the following states and additional states may be added upon a client relationship: CA, Fl, GA, HI, OH, KS, MA, MD, ME, OR, TX, VA and. WA. Other states may be temporarily registered or pending.
Stock charts provided through the good offices of www.clearstation.com. Our research can also be found at WWW.Multex.com and on www.ibes.com on a pay-per-report basis.
12.5.03 AXXel’s Interesting Stocks using AXXel’s VTAR |
