PRINCETON, N.J., Aug. 14, 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 are XO Communications (OTCBB:XOCM) and Mpower Holding (OTCBB:MPOW).
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 Sprint (Nasdaq:FON) and SBC (NYSE:SBC).
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FindProfit's current updates look at the following questions:
-- XOCM: What are the prospects for XOCM's bid for Global Crossing? When will XOCM be re-listed on the Nasdaq, and what impact will the company's rights offering have on its stock price?
-- MPOW: Can MPOW run a cash neutral business while looking for both organic and acquisition-driven growth? How will the company's sales and marketing strategy develop?
-- FON: Will FON roll in the Sprint PCS tracking stock? Can a pureplay long distance provider survive in a cutthroat, bundled element environment?
-- SBC: Can SBC stabilize its wireline business? What does the company's recent investment in satellite television provider EchoStar mean for the future?
AND MORE
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