FindProfit.com Looks at Telecom Sector Weakness

A look at Ciena, Redback Networks, Time Warner Telecom and US LEC


PRINCETON, N.J., May 6, 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 coverage of the telecommunications sector, including coverage of Ciena (Nasdaq:CIEN) and Redback Networks (Nasdaq:RBAK).

FindProfit's investment outlook examines recent weakness and the accompanying sell-off in telecommunications stocks, including coverage of Time Warner Telecom (Nasdaq:TWTC) and US LEC (Nasdaq:CLEC).

All paid and trial FindProfit subscribers can now receive immediate access to FindProfit's exclusive reports and ongoing commentary and analysis. As a trial or paid subscriber, you'll also gain access to our latest investment moves. Start your 30-day free trial today: http://www.findprofit.com/subscribe.php3?refer=zone127

FindProfit's outlook looks at the following questions:

-- Now trading at 5x EBITDA on an enterprise valuation basis, is TWTC an undervalued name in the CLEC space?

-- Did the investment community overreact to TWTC's recent quarterly financial report?

-- Based on the company's 2004 and 2005 revenue outlook, RBAK is valued closer to slow-growth, old-line network equipment makers. Is RBAK being valued fairly?

-- Is the recent weakness in telecom stocks related to "hot money" flowing out of the sector?

-- Why are stocks like CIEN, RBAK, TWTC and CLEC falling when the companies' underlying fundamentals are improving?

-- Are investors' expectations too low for CIEN? Will the U.S. Defense Department's GIG-BE deal bear fruit in the second half of 2004 for CIEN?

-- How limited is the downside of the risk-reward factor on CIEN and TWTC?

-- Which telecom name is a "no-brainer" for long-term focused investors?

AND MORE

Sign up now for a 30-day free trial to FindProfit and you'll gain instant access to FindProfit's in depth coverage of the media, tech, telecom and energy sectors, as well as our full "as it happens" investment commentary and comprehensive model portfolios, by clicking here: http://www.findprofit.com/subscribe.php3?refer=zone127

Subscribers also receive access to FindProfit's Special Bonus Report, "Five MUST-OWN Bargain Stocks for 2004!"

Subscribers are always protected by FindProfit's 100% customer satisfaction guarantee.

FindProfit finds you winners. The service posted a +73% audited-return in 2002, and audited model portfolio gains of 67%, 58%, and 34% in 2003.

About FindProfit.com:

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: http://www.findprofit.com/subscribe.php3?refer=zone127

NOTE: FindProfit, LLC is not a registered broker dealer, registered investment adviser or registered research analyst.



            

Contact Data