PRINCETON, N.J., June 30, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of mortgage lenders, including coverage of Washington Mutual (NYSE:WM) and Fannie Mae (NYSE:FNM).
FindProfit's investment outlook examines the mortgage business in the wake of WM's earnings warning, including coverage of IndyMac Bancorp (NYSE:NDE) and Countrywide Financial (NYSE:CFC).
All paid and trial FindProfit subscribers can now receive immediate access to FindProfit's exclusive reports and ongoing commentary and analysis. As a trial or paid subscriber, you'll also gain access to our latest investment moves. Start your 30-day free trial today: https://www.findprofit.com/subscribe/index.php?refer=zone157
FindProfit's outlook looks at the following questions:
-- Did WM adequately price-in rising interest rates into its previous guidance?
-- Does WM's lowered guidance make the company a more attractive takeover target?
-- What other mortgage lenders could follow suit and reign in earnings guidance?
-- Why did NDE recently decide to raise additional financing? Is the window of opportunity to raise money coming to a close due to pressure from higher interest rates?
-- Will second quarter results for companies like NDE and CFC be strong, and will second half results come under pressure?
-- Have the risks associated with higher interest rates sunk in with investors?
AND MORE
Sign up now for a 30-day free trial to FindProfit and you'll gain instant access to FindProfit's in depth coverage of the media, tech, telecom and energy sectors, as well as our full "as it happens" investment commentary and comprehensive model portfolios, by clicking here: https://www.findprofit.com/subscribe/index.php?refer=zone157
Subscribers also receive access to FindProfit's Special Bonus Report, "Five MUST-OWN Bargain Stocks for 2004!"
Subscribers are always protected by FindProfit's 100% customer satisfaction guarantee.
FindProfit finds you winners. The service posted a +73% audited-return in 2002, and audited model portfolio gains of 67%, 58%, and 34% in 2003.
About FindProfit.com:
FindProfit.com is a leading publisher and provider of lively, fun, and profitable investment commentary for individual investors who love the stock market. As a 100% independent investment service, FindProfit's only bias is towards making its subscribers money. FindProfit's real-time "as it happens" investment service gives individual investors the edge they need to consistently beat the market. For more information or to sign up now for a free 30-day trial to FindProfit, please visit: https://www.findprofit.com/subscribe/index.php?refer=zone157
NOTE: FindProfit, LLC is not a registered broker dealer, registered investment adviser or registered research analyst.