Technology Stock Advisor Adds:
· Western Digital (WDC) Web Site: http://www.westerndigital.com
SIC: 3572 Computer Storage Devices
S&P Quality Ranking B-
Western Digital designs, develops, manufactures and sells hard drives worldwide to original equipment manufacturers (“OEMs”) and original design manufactures (“ODMs”) for use in computer systems, subsystems or CE devices, and to distributors, resellers and retailers. They also sell hard drives as stand-alone storage products and integrate them into WD-branded external storage appliances for purposes such as personal data backup and portable or expanded storage of digital music, photography, video, and other data.
· MicroStrategy MSTR Web Site: http://www.microstrategy.com
SIC: 7372 Services-Prepackaged Software
S&P Quality Ranking: B-
MicroStrategy is a worldwide provider of business intelligence software that enables companies to report, analyze and monitor the data stored across their enterprise to reveal the trends and insights needed to make better business decisions. MicroStrategy provides sophisticated analytical performance to business users in the format that suits them best, from high-level dashboards to custom reports and advanced analysis via e-mail, web, fax, wireless and voice communication channels
Raleigh, N.C. The Technology Stock Advisor, an online newsletter investment advisor with a patented stock selection methodology for picking technology stocks, added two new stocks to the newsletter’s watch list today.
Both companies are trading members of the national information technology value chain that consists primarily of industries in SIC categories 35 and 73.
Both companies sell products and services in the global market to customers who use their products as intermediate inputs to making a finished good.
“We look for companies who have strong inter-industry trading relationships,”
Companies on the TSA watch list stocks are members in one of the nine high tech industrial value chains in America. Some companies are members of two or more value chain clusters, adding more stability to their markets.
“Generally, we like companies that sell into the intermediate markets on a global scale, and tend to shy away from companies that sell directly into the global markets for retail finished goods,” Vass explained.
“The 400 companies that we track in our TSA watch list meet some, but not all, of the rigorous evaluation criteria established by the patent for selecting a stock for investment,”
When a company on the watch list meets all of the screening criteria, they move from the watch list into one of the three active stock lists, A, B, or C, as defined by the quality rating provided Standard & Poor’s, the world’s foremost provider of independent credit ratings, indices, risk evaluation, investment research and data.
If a company on the watch list announces a loss on the quarterly income statement they are immediately removed from the watch list and are not candidates for re-consideration for at least 3 years.
“We had several income statement losses this week for our watch list companies,” said Vass. “The macro economic conditions are really tough right now, and any company that can continue to eke out a net profit is doing well, no matter what the analysts at the big investment houses think the companies should be doing.”
The Technology Stock Advisor Newsletter is a related business subsidiary of The Private Capital Market, a global web platform designed to help small high tech manufacturing companies raise small amounts of capital. www.privatecapitalmarket.com
