Telescan Issues Weekly Roundup of Market Leading Stocks; What's
Working Now Targets Stocks in Up and Down Trends
HOUSTON, Sept. 4 /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 debt-to-equity ratio, high earnings per share
growth over the past five years and high cash-to-price ratio. The criteria for the weakest performing stocks include a low
number of institutional holders and low percentage of institutional holdings, and a low price rank based on relative strength.
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 in rank order are:
1. Electro Scientific Industries Inc. (ESIO)
2. Genesee Corp. Class B (GENBB)
3. Radisys Corp. (RSYS)
4. Project Software & Development Inc. (PSDI)
5. Lone Star Steakhouse & Saloon Inc. (STAR)
6. Skyline Corp. (SKY)
7. Orbotech Ltd. (ORBKF)
8. Tollgrade Communications Inc. (TLGD)
9. TDK Corp. ADR (TDK)
10.Etec Systems Inc. (ETEC)
This week, the 10 stocks that best match the weakest criteria selected by
Telescan are Nasdaq stocks. The stocks are:
1. Websecure Inc. (WEBS)
2. Hertz Technology Group Inc. (HERZ)
3. ML Direct Inc. (MLDR)
4. Food Court Entertainment Network Inc. (FCENA)
5. Wanderlust Interactive Inc. (LUST)
6. Electropharmacology Inc. (EPHI)
7. D. G. Jewellery of Canada Ltd. (DGJLF)
8. Eltek Ltd. (ELTKF)
9. Global One Distributors & Merchandising Inc. (GOGO)
10.Red Hot Concepts Inc. (RHCS) |
