(1888PressRelease)
May 23, 2008 - Raleigh, NC. The Technology Stock Advisor, an internet stock newsletter covering high technology stocks, initiated coverage today on two new companies, LaBarge (LB) and Spectrum Control (SPEC).
“We deploy a patented stock selection method that uncovers technology stocks in the nine technology value chains in America,” said Thomas Vass, the investment advisor to the newsletter.
After a company meets the TSA technology screening criteria, elements of the Graham and Dodd method are used to evaluate the financial strength of the company.
“We look for consistency over a three year period of time in several financial indicators for companies that are in our watch universe of high technology companies,” Vass explained. “We want to find indicators that senior management is consistent in making good use of corporate resources.”
Among the most important indicators of management competency as used by TSA are:
· Consistent top line revenue increases
· Consistent payment of a dividend
· Consistent net revenue increases
· Stable or increasing operational cash flows
Both new companies met all of the TSA criteria as well managed technology companies and both companies are members of the computer and electronic equipment technology value chain.
Spectrum Control, Inc., located in Fairview, Pennsylvania, designs, manufactures, and sells electronic control products and systems used to condition, regulate, transmit, receive, or govern electronic performance.
LaBarge, Inc., of St. Louis, provides electronic systems solutions, including the manufacturing, engineering, and design of interconnect systems, circuit card assemblies, and high-level assemblies for its customers' specialized applications.
“Our patented stock selection method discovers companies in the value chains that contribute to technological innovation,” said Vass. The products of both companies are essential intermediate inputs to the innovation process,” said Vass. “They are at the top of the innovation economic process when other members of the value chain explore how to make new products.”
About The Technology Stock Advisor. The newsletter stock selection method uses the Feser technological affinities model to uncover stock candidates that are characterized as ‘high technology” in the nine technology value chains that exist in the American economy. The newsletter’s advisor holds a patent on the method used to select stocks for inclusion in an investment portfolio. www.technologystockadvisor.com
Other members of the Computer and electronic equipment technology value chain include:
Computer Storage Device Mfg., Other Electronic Equipment Mfg., Computer Peripheral Equipment Mfg.,Broadcast & Wireless Communications Equipment, Electricity & Signal Testing Instruments, Search Detection & Navigation Instruments, Electronic Computer Mfg., Telephone Apparatus Mfg., Semiconductors & Related Device Mfg.
###
