Hi Vinh, I was looking at tis article because I'm interested in the storage stocks they mention, but was surprised to see ESI listed as the 10th stock in the strongest stocks of the weeks.
Have you got your new e-mail yet, I'm getting return messages.
Mark
Telescan Issues Weekly Roundup of Market Leading Stocks; What's Working Now Targets Stocks in Up and Down Trends
HOUSTON, Aug. 25 /PRNewswire/ -- Telescan Inc. (Nasdaq:TSCN) today released its weekly roundup of stocks across all major U.S. stock exchanges that are likely to continue their market leading upward or downward trends.
The ``strongest'' and ``weakest'' stock lists are available under ``What's Working Now(TM),'' the new premium feature of Telescan's Wall Street City(TM) site on the World Wide Web. Telescan uses its proprietary technology to perform 25 million to 30 million searches a week to identify current market criteria producing the strongest and weakest results and which stocks most closely match the criteria.
Telescan Chairman and CEO David Brown said, ``By using very complex computer scans, and searching hundreds of different variables such as momentum and insider selling, we test and backtest to find the investment criteria that produced the strongest and weakest results, ultimately compiling a list of stocks every week that appear to have the best attributes for future stock growth or decline.''
The criteria for this week's strongest performing stocks include, among others, low receiveables turnover, low P/E projected for next fiscal year, and high asset turnover. The criteria for the weakest performing stocks include high price/sales ratio, low return on assets and equity, and low asset turnover.
A favorite of investors on the long and short sides, Telescan also breaks out the 25 best and worst stock performers on each major exchange. The performance breakout, as well as mutual fund rankings, international stocks, research and trading information are available on Telescan's World Wide Web site: www.wallstreetcity.com.
Wall Street City, the only Internet-based financial website today that gives its users the ability to do technical analysis, lets investors build multiple portfolios and link the stocks to an innovative stock ticker. It will even alert users with an e-mail on closing portfolio prices, significant stock movement and news.
Telescan, based in Houston, is an industry leader in providing innovative solutions for online technology, data retrieval and Internet services. The company develops and operates major online networks and Internet sites serving the financial, publishing, entertainment and technology-transfer industries.
This week, the 10 stocks that best match the strongest criteria selected by Telescan are optionable stocks. The stocks in rank order are:
1. In Focus Systems Inc. (INFS) 2. Swift Energy Co. (SFY) 3. Network Equipment Tech Inc. (NWK) 4. Hutchinson Technology Inc. (HTCH) 5. Quantum Corp. (QNTM) 6. Western Digital Corp. (WDC) 7. Seagate Technology (SEG) 8. Oregon Metallurgical Corp. (OREM) 9. Paccar Inc. (PCAR) 10. Electro Scientific Industries Inc. (ESIO)
This week, the 10 stocks that best match the weakest criteria selected by Telescan are micro cap stocks. The stocks are:
1. Immunogen Inc. (IMGN) 2. Copytele Inc. (COPY) 3. Pacific Pharmaceuticals (PHA) 4. XCL Ltd. (XCL) 5. H&Q Healthcare Investors (HQH) 6. India Growth Fund Inc. (IGF) 7. Boston Life Sciences Inc. (BLSI) 8. Imclone Systems Corp. (IMCL) 9. Immunomedics Inc. (IMMU) 10. Techniclone Corp. (TCLN) |
