Mark Grammer Ibiden 4062-JP TOP PICK Dec 13, 2006

He's a big bull on diesel. Great mileage on his European Saube (800 km on a tank). This company makes the filters that are used to remove the black smoke from the exhaust. European Union is putting in environmental requirements for this, North America may get it. 50% of European market, 3% of North American market, it's going to grow. 30% upside over one year, and should double over 2 years.

Manufacture diesel particulate filters. Under the Euro5 regulations, which start in 2008, by 2010 all passenger vehicles and commercial vehicles will have to have particulate filters. This company has 70% market share and 30% operating margins.

(Top pick, February 28, 2007. Down 35%) The growth in their market was slower than hoped. Their product (diesel filters) will be required in Europe in the next while. This is a good company. Will do well in the next 3 years.

(A Top Pick Dec 6/07. Down 79%.) Manufactures automobile and semiconductor products. 2 products you don't want to be in these days. Having a very difficult time right now. No debt.