BOSTON, Sept. 10, 2003 (PRIMEZONE) -- The pmcw Report (http://www.pmcwreport.net/) is proud to announce the one-year anniversary of its model portfolio. Since its September 9, 2002 inception, the report's equity portfolio has returned a staggering 247%, well outdistancing the Nasdaq's 47% gain. Year-to-date the portfolio's equity positions have returned 187% compared to a 41% advance in the Nasdaq.
The site's co-founder, Paul McWilliams, a semiconductor veteran of over twenty years, isn't surprised by his model portfolio's big gains. "Last fall, we saw some great opportunities to load up on shares of our focus stocks. We continued to take advantage as their stories unfolded throughout the year. We've been calling for a turn in semiconductor issues since Q4 2002 and have been surprised that it took Wall Street so long to catch on. Fortunately our readers were able to take advantage and profit from our outlook ahead of the recent surge in share prices."
Focusing in the technology sector, primarily semiconductors, McWilliams attributes his success in part to his extensive experiences. "I've had the opportunity to work with excellent companies like Altera (ALTR) Cypress (CY) and Linear Technologies (LLTC) during their formative years. I learned a great deal about the inner-workings of the semiconductor industry and its customers, but more importantly, I learned how to identify traits of a successful company. We feel our combination of business savvy, technological understanding and our network of contacts puts us in a great position to find potentially explosive investments."
McWilliams' knack for capitalizing on these types of opportunities was epitomized with his Intersil(ISIL) strategy. Readers benefited earlier in the year when McWilliams pounded the table when shares were trading well below $15. "We saw Intersil gaining traction in power control, DVD and flat panel displays and knew what was to come. We're very happy with management's performance and our returns."
Intersil is currently one of the site's three focus stocks. Ironically as well as it has performed, it's the laggard of the three positions. The other two are both up well over 200% and in McWilliams' eyes "poised for yet another double." In addition to his focus stocks, McWilliams presents and discusses the merits of a wide variety of trading and investment ideas. During the first year, all of these ideas were profitable and many provided returns in excess of 100%.
Samples of his ideas include:
-- EMC (EMC) up 127% since his September mention
-- LSI Logic (LSI) up 191% and Altera (ALTR) up 130% since his October mentions
-- Cisco (CSCO) up 60% and Identix (IDNX) up 40% since his December mentions
-- Vitesse (VTSS) up 240% and Juniper (JNPR) up 106% since his January mentions
-- Safenet (SFNT) up 64% since his April mention
-- Sonic Solutions (SNIC) up 117% since his May mention
McWilliams feels there is still plenty of money to be made in technology stocks, but stresses that investors need to know where to look for hidden value. Some companies have run a bit too far too fast, but he's confident there are still a few gems yet to be discovered and profited from by his readers.
About the pmcw Report
The pmcw Report is a subscription financial newsletter managed by semiconductor veteran Paul McWilliams and Raging Bull co-founder Rusty Szurek. Members enjoy daily postings, economic updates and a model portfolio.
To learn more please visit: http://www.pmcwreport.net/