PW Eagle, Inc. (PWEI) is a US company which headquarter is located in Eugene – Oregon. The company was founded in 1984 and it was formerly known as Eagle Plastics, Inc.; its name changed to Eagle Pacific Industries, Inc. in 1995.

PWEI manufactures and distributes polyvinyl chloride (PVC) pipe and fittings that are used for potable water and sewage transmission, for turf and agricultural irrigation, for water wells, fibber optic lines, electronic and telephone lines and for commercial and industrial plumbing. The Company distributes its products all over the United States, and provides also a minimal amount of shipments to a couple of selected foreign countries.

PWEI owned subsidiary, USPoly Company LLC (USPOLY), manufactures and distributes polyethylene (PE) pipe products and other accessories.

PWEI had a very successful 2005 on various fronts. Throughout 2005 and 2004, their operating performance has continued to improve; both volumes and margins increased in 2004 and 2005 compared to 2003, and their resulting cash flow from operations in 2005 was much higher than the year before.

The company’s net sales increased by $219 million last year, compared to 2004. Of this increase, over $166 million was due to higher volume and pricing in PVC products, and rounded $47 million was due to the UAC acquisition late in 2004.

PWEI, a company with over 1000 employees, generated a profit margin of 10.25% last year, while its Operating Margin achieved almost 17.49%.

Shares were trading at the Nasdaq (NasdaqGM:PWEI) at $33.85, near its 52 week high a bit over the $35 level.

Wynn Resorts, Limited (WYNN) is based in Las Vegas, Nevada, US. WYNN owns, develops and operates destination casino resorts.

Wynn Resorts is the owner and operator of Wynn Las Vegas, a casino resort on the Strip in Las Vegas which offers 2674 rooms and suites in its 45 story tower, 36 fairway villas, and 6 private-entry villas designed only for premium guests.

WYNN is also constructing the future Wynn Macau, a casino resort development, located in the Macau Special Administrative Region of China, which is scheduled to open to the public in the third quarter of this year.

These days, WYNN is also working on an expansion of Wynn Las Vegas, which will be named “Encore”. In addition to all these investments, Wynn Resorts has also submitted to the Macau Government an application looking for a new land concession of 54 acres, these targeting the future development of casino facilities; and still continues exploring opportunities to develop additional gaming and/or other related businesses in different domestic and international markets.

WYNN’s “Wynn Las Vegas” operations are still the major support for their operating cash flow. Prior to opening Wynn Las Vegas, the company had not commenced operations, nor has it generated any significant revenues.

For the fiscal year that ended on 31st December 2005, WYNN incurred a net loss of over $90 million, which represents over $113 million (or a 56% decrease) from the net loss of around $204 million for the previous year (2004) and a $50.7 million from 2003.

Overall, these results reflect the cycle of increasing pre-opening expenses, as Wynn Las Vegas approached its opening hour. For last year, the profit margin of the company was a negative 4.73%, though their operating margin was 6.41% positive.

Shares (NasdaqGS:WYNN) ended their trading day at $77.60 a bit lower than their high at $80.19.

EXC, Exelon Corp., has broken out to new alltime highs on enormous volume. This is a very high probability long setup, so keep this stock on your watchlists for a easy trading opportunity.

HPQ, Hewlett-Packard Co, made a huge move last week on enormous volume, breaking out to new yearly highs.

It might be a little to hot right now, but keep an eye on the stock if it retraces.

PETD, Petroleum Development Corp., broke out of a bottoming stock chart formation a few weeks ago.

Today, it made a retest of the support. If sentiment on PETD is bullish, PETD will make a bounce at this trendline.

Daktronics, Inc. (DAKT), is a company from Brookings, South Dakota – USA, that develops its business around the marketing area, by providing design, development, and support of visual display solutions.

Daktronics products include timing systems, digit displays, sound systems, indoor and outdoor scoreboards and statistics software for the sports area; video, graphics, animation and controllers that manage the display’s operation for the commercial area; and an all set of different electronic displays for the transportation area.

On the fiscal year that ended on last April 29th, Daktronics, Inc’s revenue rose about 34% to $309 Million and its net income rose more than 34% to around $21 Million. Revenue improvement reflects the increase in demand from their clients, mostly outdoor advertising companies, and higher sales of their standard galaxy product (commercial area). Expenses with product design & development, as well as new selling efforts have offset part of the Net income. Their Profit Margin rounds 6.8%, while Operating Margin is near 10.28%.

Daktronics recently reported fiscal 2007 first quarter net sales of over $92 million and a net income of $5 million, meaning $0.12 per each diluted share, while a year ago the results were lower at $0.11 per diluted share.
According to company records, Daktronics is achieving a more solid performance each quarter, mostly sponsored by business in Asia, where fiscal incentives are supporting the investment and business growth of the company in the region.
Jim Morgan, CEO of the company stated at the results presentation that:

“We estimate net sales for the second quarter of fiscal 2007 will be in the range of $95 to $105 million, with earnings in the range of $0.13 to $0.18 per share. Earnings per share estimates include the impact of stock option expensing of approximately $0.01 per share. With our performance in the first quarter, we are increasing our estimate of net sales for the year to be in excess of $372 million, up more than 20% for the year as a whole.”

Daktronics, Inc. is trading near the $22.50 level at the Nasdaq, almost $10 bellow its 52 weeks high at $31.14, but yet much higher than the low at $10.

DAKT, Daktronics Inc., stock looks ripe for trading as it breaks out of an ascending triangle consolidation range.

EGY, Vaalco Energy, is an independent energy company founded 22 years ago in Houston, Texas. This company explores, transforms and produces crude oil and natural gas at its Texas Golf facilities and offshore in West Africa – Gabon.

In the end of 2005 this company had reserves of 7827 million barrels of crude oil and 21 million cubic feet of natural gas.

This year the company will develop its new discovery at Avouma/South Tchibakla by setting up a new platform and pipelining it to the FPSO field. Still regarding this year’s investments, the platform in Louisiana will be ready during the summer, with its first production expected by the end of the 2006 fourth quarter.

With an operating margin of 76.12%, this margin comes exclusively from the difference between the income (received prices) and the production costs of the previously referred commodities.
The recent drops in the USD rate exchange versus other major currencies like the GBPound and the Euro are affecting the company’s results (both operational and financial); this is mostly due to the fact that its offshore operations are denominated in the local currency (tight to the Euro) and not in Dollars as it is domestically.

The net cash generated by the operating activities last year was nearly $36 million, a growth of more than $23M when compared to 2004.

This company’s primary capital resources come from operations cash flows, equity sales, money debt purchase and borrowings. At the end of last year the cash balance was near $44 million.
Together with this years operating profit, the company believes its cash balance will be enough to fund the development of the Avouma field and to make a few additional investments in working capital.

Stocks closed at $8.46 on August 14th, almost 20% down from the 52 week maximum at $10.45.

CTXS, Citrix, broke down from a support a few days ago.

ISRG, Intuitive Surgical Inc is showing a sell signal today after breakdown down from a brief support area after a nasty gap down.

My favorite way of determining the strength of the stock market is looking at the Russel 2000.

Personally, if I were a trader, I would stay out long positions in the stock market until we get a breakout above the descending trendline.

Yahoo Finance has released the latest top 10 stocks under $10. This is one of my favorite watchlists because I love trading fast-moving midcaps.

Vaalco Energy (EGY)
Composite Rating: 99*. The $510 million market cap firm is tracked in IBD?s Oil & Gas-U.S. Exploration & Production group. Analysts see second-quarter profit surging 100% to 18 cents a share.

Interstate Hotels & Resorts (IHR)
Composite Rating: 94. Last week, the hotel management company reported a 25% increase in second-quarter profit of 10 cents a share, topping estimates by 5 cents.

Landec Corp. (LNDC)
Composite Rating: 93. The maker of specialty polymer products has a three-year earnings growth rate of 128%. Its Fundamental Rating of 84 (B) ranks it No. 3 out of 46 stocks in IBD?s Food-Misc Preparation group.

Qwest Communications Int?l (Q)
Composite Rating: 92. Last week, the company signed a two-year agreement with Affiliated Computer Services to provide advanced network services.
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HMSY, HMS Holdings Corp, looks bullish and has breakout potential.

Here is the stock chart technical analysis, keep this stock on your watchlists.

RIMM, Research In Motion Ltd., moved 8% today, forming a bullish runaway gap from yesterdays gapup over the stock trading range resistance.

I dunno what happened in the stock today to catalyze this tremendous move, but keep RIMM stock on your watchlist.

I got this email from someone at a TV production studio in New York. They are hiring a stock market TV show host.

We are currently looking for a knowledgeable and charismatic day trading/stock market expert who would be interested in hosting a game show in New York. Because of your experience in the field, I thought you would be the perfect person to recommend someone. Our ideal candidate is in his 30s, and has the personality to be on television, but also has enough expertise to provide the play-by-play of day trading. I appreciate any help you might be able to give me, either by suggesting people I should contact or having people contact me directly.

We’re looking to cast a strong male personality with Wall Street/Day-trading expertise. Think Alec Baldwin in Glengarry Glen Ross and Ben Affleck in Boiler Room. He’ll serve as host and commentator of a game show in development for a cable network. Must have the knowledge and the personality. Dry delivery will not suffice. Age range: late 20s-late 30s.

If you are interested, leave a comment with your email and I’ll forward you the details.

FCNTX, the Fidelity Contrafund Mutual Fund, is getting some press.

Fidelity Investments has been deeply wounded by the bear market, but it retains one big edge over everybody else: Will Danoff.

Danoff is to the 21st century Fidelity what Edward C. Johnson III and Peter Lynch were to the organization in the 20th century: master portfolio managers, sui generis, brand names who showered riches on their investors.

Danoff’s Fidelity Contrafund (FCNTX) shot up 17% in the year ended June 30, and that was less than its average return in each of the two prior years. Despite being the largest actively managed equity fund guided by a single individual, with $64.9 billion in assets, it behaves more like a sprite than a behemoth.

Does anyone have any connection on how to get into the Contrafund?