Matt Barasch

With the improvements that had taken place, there will have been a $5/6 stock-price taken out of the equation. Risk level has dropped even though the price is up.

Has substantially lagged other defense stocks. An interesting turnaround story but short-term, doesn't expect great things. Nice dividend yield.

One of the few tech stocks that continues to trade at a reasonable multiple. They are in the process of acquiring Concorde EFS and will have to divest some operations sold in the near term, there will be some hiccups.

Valuation is getting a little high. Their pipeline is still a "show me" story.

Has been a lot of questions regarding the earnings quality. OK for a long-term value play. Would prefer others.

A quality company, but expensive. Pays a reasonable dividend. As safe investment.

Getting a little expensive. Would prefer to buy under $50.

Not cheap. Would like to see something fundamentally before getting interested at these levels.

Not a fan of North American auto manufacturers. A lot of pension concerns.

Trades at a very low multiple because of problems over the last few years. Volatile.

(A top pick Aug 22/03. Up 16%.) Sold their holdings, but still on their radar screen. If you own, hold.

(A top pick Aug 22/03. Up 9.5%.) Still likes at this price. Investors will start looking at this in the last half of 2004 because the company will start reaping the benefits in 2005. Good dividend.

(A top pick Aug 22/03. Up 22.5%.) Still likes. Have some good, new products. Would consider again at $35.

Generally are cautious on airlines. They have a tremendous amount of debt and very little equity value.

Prefers Freddie Mac as their accounting issues are behind him. Doesn't know what is in store for Fannie Mae.