PRINCETON, N.J., Nov. 17, 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 analysis of recent accounting disclosures from Autobytel (Nasdaq:ABTL) and Fannie Mae (NYSE:FNM).
FindProfit's investment outlook examines how recent, and unrelated, disclosures regarding accounting procedures and delayed Securities and Exchange Commission filings will impact ABTL and FNM, respectively. FindProfit has experience investigating the impact of previous accounting related investigations at companies such as Intermix Media (IMIX) and Gemstar (GMST). It continues to cover both companies.
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FindProfit's investment outlook examines the following questions:
-- What does the resignation of ABTL's chief financial officer indicate?
-- Are accounting issues at ABTL systematic and structural in natural?
-- Have the accounting issues at ABTL been discounted into the stock?
-- Will ABTL be able to maintain a NASDAQ listing?
-- Are key executives at FNM in danger of losing their jobs?
-- If FNM is forced to recognize a $9 billion after-tax loss, what will these mean for the company's earnings moving forward?
-- How would the Bush Administration react if the SEC rules against FNM and forces the company to restate earnings?
-- Is the performance of FNM in third quarter, based on the company's anticipated earnings, a telling sign of where the company is headed?
AND MORE
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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=zone236
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