PRINCETON, N.J., August 13, 2003, (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment advisory service that delivered a +73% audited return in 2002, announced today that it has published a new special report covering restructured telecoms entitled "Profiting from the Telecom Phoenix". Among the companies investigated in the new report are Ciena (Nasdaq:CIEN) and Interland (Nasdaq:INLD).
FindProfit actively covers several hundred stocks, and provides regular investment coverage on more than 45 stocks (mostly small to mid cap in size) that it holds across three model portfolios. Recently, FindProfit has been exploring the telecom network space for potential investment opportunities. Other companies that FindProfit has provided updates on include McLeod USA (Nasdaq:MCLD) and Verizon (NYSE:VZ).
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FindProfit's current updates look at the following questions:
-- CIEN: Can CIEN take market share and start growing? Is CIEN eyeing acquisitions? Can the company reduce its burn rate while still investing in R&D?
-- INLD: Will INLD reach cash flow even by the end of fiscal Q4 as expected? Will INLD's acquisition, consolidation, integration and streamlining strategy pay off?
-- MCLD: Even after an extensive restructuring, does MCLD have a strong enough balance sheet and enough cash on hand to play in the telecom network space?
-- VZ: Can VZ avoid a strike and placate its workforce and customers at the same time? Can wireless growth offset continued weakness in VZ's wireline business?
AND MORE
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