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Pinnacle Digest: Website Pros: Buy or Sell at $9.88?
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:13022008
www.PinnacleDigest.com is a performance-driven online financial
magazine with a consistent and disciplined approach to the market. With
our growing network of experienced professionals we strive to bring
investors the only multi-dimensional online investing magazine.
Yesterday's news from Website Pros, Inc.(Nasdaq:WSPI)announcing results
for the fourth quarter ended December 31, 2007 and full-year 2007, has
led to further research by our team in order to determine if we will
select them as our next Featured Company. Only Pinnacle members will be
notified if we select them as our next equity target.
Why is our research team interested in Website Pros during these
bearish times?
Our team has had tremendous success in bringing forward investment
opportunities in 2007 and we are following Website Pros' development to
see if they have what it takes to be our next equity of choice. Many
savvy investors in the tech industry are aware of Website Pros and the
success story in which they have become, but it is in these times when
investors are unaware of what to do with Website Pros stock; buy or
sell.
Website Pros' decline in share value over the past three months has
been well documented by our team and we are watching them very closely
as they trade around $9.88. Our goal is to determine if they are a
"bottom feeder" investment opportunity. Remember, volatility can be
your friend and we are in the midst of one of the most volatile times
in the past 10 years, causing many stocks to become undervalued.
Although we haven't determined if we will select Website Pros as our
next Featured Company quite yet, we do plan on continuing our research
exclusively on our site. If they continue to develop to our
satisfaction we plan on bringing them to the attention of all our
investors as our next opportunity in this very important sector.
To recap, "The fourth quarter and year end results were highlighted by
the addition of Web.com and continued strong non-GAAP net income,
marking the 10th consecutive quarter that operating results have met or
exceeded our guidance," stated David Brown, Chairman and CEO of Website
Pros. "During the quarter, Website Pros successfully ramped up
integration efforts with Web.com, including the exploration of several
new revenue-generating and cost savings opportunities. As a result of
the progress we made during the fourth quarter, we now expect the
merger to be accretive to our non-GAAP diluted earnings per share in
the first half of 2008 as opposed to later in the year as we have
previously stated. Entering 2008, we continue to feel that we are the
market leader, well-positioned to provide small and medium-sized
businesses with an array of Web and marketing services designed to
enhance their business."
We will be reviewing Website Pros' development and its potential
ramifications on their future; further information and the entire
article will be available on our site as well as an exclusive Chat
Board dedicated to their shareholders. All Website Pros shareholders
are encouraged to share their thoughts on this equity with one of North
America's largest online investor communities. Join our informative and
complimentary online financial magazine at www.pinnacledigest.com.
About Pinnacle Digest Once a member of PinnacleDigest.com you will be
able to access our complimentary full-length research reports on
selected companies, our weekly volumes, our exclusive Chat Boards with
our proprietary quality control and much more. This service is designed
for the retail investor and is entirely free.
We pride ourselves in having a multi-purpose online magazine and
encourage you to join our community.
PinnacleDigest has no vested interest in the company mentioned herein.
This source of information is from an unbiased perspective. If you wish
to become a member of www.pinnacledigest.com you will be gaining access
to articles similar to this one and many other useful services we know
you will find valuable. Keeping you educated and up-to-date with the
market is one of our main purposes. Our approach in achieving this goal
and our ability to consistently deliver high quality investment
material is what defines our business model.
This news release shall not constitute an offer to sell or the
solicitation of any offer to buy securities in any jurisdiction.
All material herein was prepared by Pinnacledigest.com (Pinnacle
Digest) based upon information believed to be reliable. The information
contained herein is not guaranteed by Pinnacledigest.com to be
accurate, and should not be considered to be all-inclusive. The
companies that are discussed in this opinion have not approved the
statements made in this opinion. This opinion contains forward-looking
statements that involve risks and uncertainties. This material is for
informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. Pinnacledigest.com
is not a licensed broker, broker dealer, market maker, investment
banker, investment advisor, analyst or underwriter. Please consult a
broker before purchasing or selling any securities viewed on or
mentioned herein. Pinnacledigest.com may receive compensation in cash
or shares from independent third parties or from the companies
mentioned.
Pinnacledigest.com will not advise as to when it decides to sell and
does not and will not offer any opinion as to when others should sell;
each investor must make that decision based on his or her judgment of
the market.
This release contains "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may", "future", "plan" or "planned", "will" or "should", "expected,"
"anticipates", "draft", "eventually" or "projected". You are cautioned
that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results
to differ materially from those projected in the forward-looking
statements, including the risks that actual results may differ
materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies'
annual report on Form 10-K or 10-KSB and other filings made by such
company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as
of the date hereof and Pinnacledigest.com undertakes no obligation to
update such statements.
((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
info@m2.com)).
Copyright ? 2008 M2 Communications Ltd.
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