COHASSET, Mass., Feb. 25, 2000 (PRIMEZONE) -- StockPickers.net (SPN) today announced the firm's first 25 bagger- Terayon Communications Systems (Nasdaq:TERN). First profiled September 22, 1998, Terayon hit an intra-day high today $271 7/8, up over 2500% in market value.
In addition, the company announced performance results for all 105 selections since the report's inception in June, 1998. An equally weighted investment in all companies at the time of profile would have now yielded over a 137% return.
Companies profiled since the report's inception include Wave Systems (Nasdaq:WAVX), chosen in the 9/13/98 report, currently up by 731% in market value, America Online (NYSE:AOL), selected in the 9/1/98 report and now up by 174% in value, and Cisco Systems (Nasdaq:CSCO), selected in the 8/4/98 report and now up by 328% in market value.
The Hot Stock Report is a weekly online report the company provides to subscribers on a stock the firm believes will perform extraordinarily well within the 12 month period following the date of the report. SPN accepts no compensation of any form from the companies selected.
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