To: All Mtn Ski who wrote (4990 ) 4/22/2004 11:44:02 AM From: Donald Wennerstrom Read Replies (2) | Respond to <<CHICAGO--(BUSINESS WIRE)--April 22, 2004--Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Ranked list which has produced an average annual return of +33.7% since inception in 1988 and has gained +100.3% since January 2000 when the market was in the grips of the worst bear market in 60 years. Among the #1 ranked stocks today we highlight the following companies: Eaton Corporation (NYSE:ETN) and Steel Dynamics, Inc. (NASDAQ:STLD). Further they announced #2 Rankings (Buy) on two other widely held stocks: Lam Research Corporation (NASDAQ:LRCX) and Staples, Inc. (NASDAQ:SPLS). To see the full Zacks #1 Ranked list or the rank for any other stock then visit. at.zacks.com ;its earnings estimates for the year ending June 2004 are up 6 cents, or approximately +14%, over the past seven trading days. Continued focus on cost management, along with its revenue growth, resulted in improved profitability for the company's March quarter. Net income per diluted share beat year ago totals in the quarter and surpassed the consensus by more than +27%. New orders of $350 million marked a +29% increase over the prior period, which the company said is consistent with the recent acceleration in capital investment by semiconductor manufacturers. Looking forward, Lam Research said that the wafer fabrication equipment industry is in the early stages of a cyclical recovery, and the company expects demand to be robust over the next several quarters as semiconductor customers purchase equipment to products their newest and most complex devices. >>
