ORLANDO, Fla., March 21, 2007 (PRIME NEWSWIRE) -- RedChip Companies, Inc., announced today that the latest edition of the RedChip Blog is available now at www.RedChip.com.
Below are some excerpts from the blog:
"Writing research on small-caps is an activity for the strong-willed. It takes more than imagination; it takes discipline, courage, and the ability to sort the good and the bad from the just plain ugly. Our Independent Research is ranked fourth among 40 research firms for generating positive results among firms who cover 1-99 stocks, according to Investars. If one does the calculations, overall we are ranked tenth out of 126 firms, putting our research somewhere around the eighth percentile in the nation for generating positive results. Investars Ratings performance is measured as the average daily gain/loss of a $10,000 investment.
"In his book Good to Great, Jim Collins writes of a remarkable but little known story of Bill Hewlett of Hewlett Packard: in 1972, many years after the Company had established itself as one of the most successful companies of all time (having outperformed the market by at least 3x over a 15 year period, which is Collins' criteria for a great company), Hewlett remarked in an executive council meeting:
"'Look, we've grown because the industry grew. We were lucky enough to be sitting on the nose when the rocket took off. We don't deserve a damn bit of credit.'" And then, as Collins describes the scene, a few moments of silence passed and David Packard said: "'Well, Bill, at least we didn't louse it up completely.'"
"Now to show we haven't loused things up completely, here's a snapshot of some our biggest gains over the last 6 -18 months.
-- YAKC: a VOIP play: $3.28 -- $5.25, a cool 60.6% gain (bought out
by Globalive Communications)
-- LKQX: auto parts provider: $16.59 -- $25.39, a sweet 53.0% gain
-- JADE: a China jewelry play: $3.51 -- $12.56, a 257.8 % gain, or if
you were still holding today, a dynamic 161% gain
-- DKAM: developer, producer, marketer, and seller of premium
alcoholic and non-alcoholic beverages: $ 0.60 -- $3.55, 491.67%
gain on its post-coverage high, still up nearly 300% today if you
were still holding.
-- SRVY: leading provider of Internet survey solutions worldwide:
$5.00 -- $16.20, 224% gain
-- NEWT: provider of quality financial products and business services
to small and medium-sized businesses: $1.75 -- $2.69, 53.71% gain
-- WEL: emergency response services for oil well blowouts and well
fires: $1.67 -- $2.49, 49.1% gain
-- BVX: a medical device company which manufactures and markets
electrosurgical medical devices: $7.25 -- $10.04, 38.62% gain"
To read the RedChip Blog in its entirety please visit: http://www.redchip.com/independent/blog.asp?from=home_ad
To view disclosures please visit: http://www.redchip.com/independent/.
About RedChip Companies, Inc.
RedChip Visibility provides publicly-traded small-cap companies an opportunity to present their business to institutional and individual investors by holding investor conferences across the country.
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