ATLANTA, Feb. 19, 2001 (PRIMEZONE) -- The following is being issued by WinningInvestments.com: While many companies have continued to struggle in the first quarter of 2001, Sungard Data Systems (NYSE:SDS) is well positioned for a strong 2001.
On February 8, 2001 SDS announced that its outlook for 2001 diluted net income per share was in the range of $1.91 to $1.96, which amounts to an increase of between 17% and 20%. The company's C.E.O. James L. Mann also added that SDS' internal revenue growth (excluding new acquisitions) will average 12% to 15% per year over the long term.
WinningInvestments.com (http://www.WinningInvestments.com), a leading Internet-based stock information site that provides covered call selections and investment strategies, recently highlighted SDS in its Newsletter. The investment Website sends out, via e-mail, its Newsletter, which contains news, commentary, education and covered call highlights, at the close of the market on Monday, Wednesday and Friday.
WinningInvestments also selected SDS as one of its potential covered call candidates for its Website. The company lists its covered call candidates on its Website three times per week.
Sungard Data Systems currently has seven analysts recommending it as a strong buy, and one as a buy. SDS is currently trading at $57.26, with the bid on the July 2001 $55 call at $7.3. This gives downside protection of 12.7% and a yield, if called, of 8.8%.
Investors who are unfamiliar with covered calls can learn about this investment method at www.WinningInvestments.com. WinningInvestments.com usually offers investors a free 10-day trial, where they can view the services with no risk or obligation. Between now and Feb. 26, 2001, members can receive a 15-day trial by stating "15-day trial" in the "How did you hear about us?" section of the registration page. To visit their site, go to http://www.WinningInvestments.com.
WinningInvestments.com also offers six different categories of covered call selections and nine different investment strategies. The covered call selections are updated on the Website each week on Tuesday, Thursday and Sunday. The strategies include three different strategies for Dogs of the Dow, aggressive and conservative investors.