BOSTON, Jan. 19, 2004 (PRIMEZONE) -- The pmcw Report (http://www.pmcwreport.net/) is proud to highlight some of the more interesting investment ideas submitted by its membership for the first pmcw Report Investment Idea Contest. The pmcw Report is a subscription investment newsletter started by semiconductor veteran Paul McWilliams and Ragingbull.com co-founder, Rusty Szurek. McWilliams was also named by SmartMoney as one of the 30 most influential people in the world of investing.
Started in September 2002, the pmcw Report's model equity portfolio has returned a staggering 336%, well outdistancing the Nasdaq's 64% gain over the same period. Since January 1st, 2004, the report's equity positions have gained nearly 20%.
When asked about the newsletter's first contest, Szurek said, "Our membership list is private, but I can share with you it includes the names of officers and directors from large public companies, professional money managers and many savvy individual investors. I can't think of a better way to leverage the value of this network than sharing ideas."
The list of ideas submitted included: ExacTech (Nasdaq:EXAC), Cortex Pharmaceuticals (AMEX:COR), Syntroleum (Nasdaq: SYNM), Rentech (AMEX:RTK), Sycamore Networks (Nasdaq:SCMR), Alvarion (Nasdaq:ALVR), Chipmos Technology (Nasdaq:IMOS), Triquint Semiconductor (Nasdaq:TQNT), Rambus (Nasdaq:RMBS), Authentidate (Nasdaq:ADAT), Identix (Nasdaq:IDNX), XM Satellite (Nasdaq:XMSR), Cosine Communications (Nasdaq:COSN)
In general McWilliams has a positive but cautious outlook for 2004, "All indications point towards 2004 being a very strong year in the semiconductor space, but feel some of this news is already built into the prices of many semiconductor stocks."
When asked what readers of his report should expect in 2004 he responded, "We can't stay ahead by following the pack; we will continue to leverage our extensive network of contacts and field research to uncover ideas before they are broadly known or understood by the investing public."
With the blistering start to the Nasdaq and pmcw Portfolio in 2004, the year ahead looks to be anything but boring.
Those interested in reading his detailed reports about the above companies and portfolio recommendations can sign up for a free thirty-day trial to his service: http://www.pmcwreport.net/join.php3?refer=PZ17
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/join.php3?refer=PZ17