Wednesday, June 14, 2006

FOLLOWING THE STRENGTH

Today we decided to cut our losses on Stock of the Week ACAT. Arctic Cat, manufactures and markets snowmobiles and ATVs We've held onto the stock for 6 months as it produced negative returns in the Stock of the Week portfolio. Although first quarter sales were up, ACAT has replaced last years 5% sales growth with consistent losses, with more expected throughouth the year.
Proceeds from the sale of ACATwere reinvested in Dell, the world's largest personal computer maker, know for high quality products with an attractive price point for the consumer.
Dellhas tripled its employment projections and landed service contracts with some major market players.
Dell is expected to offer a new desktop PC using a microprocessor from Advanced Micro Devices. We repsect Dell's manufacturing and conrol cost expertise as core strengths that will help this computer manufacturer be a long term growth stock with some hefty profits. Check it out and let us know what you think! Better yet, we'd love to talk to you about our Myrtle Beach Investors Group

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