HIGHTSTOWN, N.J., July 1, 2002 (PRIMEZONE) -- cpa4stocks.com has come out with ratings on the following companies:
-- Tyco International Ltd. (NYSE:TYC) -- ESG Re Ltd. (Nasdaq:ESREF) -- Lexent, Inc. (Nasdaq:LXNT) -- Akamai Technologies, Inc. (Nasdaq:AKAM) Read full reviews at: www.cpa4stocks.com Tyco is rated a buy based on the following criteria: -- Positive cash flow -- Pro-forma earnings of approximately $2.65 in 2002 and $3.00 in 2003 -- Products not easily commoditized -- Mis-reporting of events at Tyco in the major news outlets -- Lack of any significant accounting issues ESG Re is rated a buy based on the following criteria: -- Specialty reinsurer -- Exited several unprofitable business lines and ventures -- Share price in steep discount to book value -- Hardening of insurance rates after years of soft pricing Lexent is rated a buy based on the following criteria: -- Provider of critical networking services -- Quality of customers -- Share price discounted to book value despite imminent return to profitability; lack of debt; and high cash position Akamai is rated a buy based on the following criteria: -- Though losing money, Akamai's balance sheet reflects $175 million of cash and securities -- Gross profit margin now 70.4% -- Operating expenses dropping along with cash burn rate
Read full reviews at: www.cpa4stocks.com
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