For Several Small-Cap Stocks PORTLAND, Ore., Jan. 20 /PRNewswire/ -- The Red Chip Review, the research division of RedChip.com, today announced upgrades/downgrades on nine stocks, as well as the Discovery Stock picks from their latest research report dated January 12, 2000. RedChip.com is a leading independent research firm focused exclusively on small-cap stocks. Users can access complete analyst reports on these and other red chip stocks at http://www.redchip.c rating. This manufacturer of large-scale heating and cooling systems has achieved an impressive record of growth despite a mature industry. (Analyst: Bryn Harman, CFA) Berry Petroleum Company (NYSE: BRY), based in Taft, California, upgraded to an A rating. Rebounding crude oil prices are fueling growth. (Analyst: Jeff Martin) Destron Fearing Corporation (Nasdaq: DFCO), headquartered in South St. Paul, Minnesota, upgraded to an A rating. The upgrade was prompted by the fifth straight quarter of record results, the company's leadership position in a bullish animal identification market, and heightened interest from the investment community. (Analyst: Marcus Fillippello) Mobile Mini, Inc. (Nasdaq: MINI), headquartered in Tempe, Arizona, upgraded to an A rating. The largest provider of portable storage units is seeing maximum returns. (Analyst: Dan Geiman) Robotic Vision Systems, Inc. (Nasdaq: ROBV), headquartered in Canton, Massachusetts, upgraded to a B rating. This provider of inspection solutions for semiconductors is taking advantage of a booming industry. (Analyst: Matthew Desmond, CFA) Downgrades: Bonded Motors, Inc. (Nasdaq: BMTR), based in Los Angeles, California, downgraded to a D rating. Until its customers fix their problems, this remanufacturer of engines is running on idle. (Analyst: Lantz Stringham) First Mutual Bancshares, Inc. (Nasdaq: FMSB), based in Bellevue, Washington, downgraded to a B rating. Concerns are growing about deposits and loan growth. (Analyst: Louis J. Feldman) Meadow Valley Corporation (Nasdaq: MVCO), headquartered in Phoenix, Arizona, downgraded to a B rating. Gross margins and backlog have declined at this construction company. (Analyst: Bill Lennan) Mining Services International (Nasdaq: MSIX), headquartered in Sandy, Utah, downgraded to a C rating. Reduced earnings expectations are tied to a potential fall in gold prices. (Analyst: Bill Lennan) Palm Harbor Homes, Inc. (Nasdaq: PHHM), based in Dallas, Texas, downgraded to a C rating. Market conditions in the manufactured housing sector are stormy. (Analyst: Dan Geiman) In addition, the January 12 report also provided Discovery Stock reports on eight companies, which are new stocks added to Red Chip's research universeis initiating coverage. Subscribers can get ratings and detailed research on Discovery Stocks at http://www.redchip.com, as well as profiles, news, and stock quotes on additional stocks with market caps under $1.5 billion.: Discovery Stocks: Bell Microproducts, Inc. (Nasdaq: BELM), headquartered in San Jose, California. This electronics distribution firm is poised to profit from the ever-increasing demand for data storage. Corsair Communications, Inc. (Nasdaq: CAIR), based in Palo Alto, California. By supplying wireless security and payment solutions, this company is easing the competition for its cellular clients. CollaGenex Pharmaceuticals, Inc. (Nasdaq: CGPI), headquartered in Newton, Pennsylvania. This specialty pharmaceutical company could take a big bite out of the dental market with a new drug that fights gum disease. Curtiss-Wright Corporation (NYSE: CW), based in Lyndhurst, New Jersey. Featuring an honored name in aviation history, this company also has a solid future in the manufacturing and engineering of airplanes. MarineMax, Inc. (NYSE: HZO), based in Clearwater, Florida. The biggest recreational boat retailer is now working at being the best. Merit Medical Systems, Inc. (Nasdaq: MMSI), headquartered in South Jordan, Utah. This developer of proprietary disposable products is making money by clearing the way to healthier hearts. Neon System, Inc. (Nasdaq: NESY), based in Sugar Land, Texas. Fortune 500 companies are using their unique software products to connect mainframes to the Internet. Ramp Networks, Inc. (Nasdaq: RAMP), headquartered in Santa Clara, California. This company provides easy-to-use shared Internet access to the world of small business. RedChip.com, Inc. is the leading Internet-based community serving small-cap companies and their investors. The Company publishes proprietary equity research under The Red Chip Review banner, as well as information about the small-cap markets and individual companies under RedChip Reporter, RedChip Radar and RedChip Profile trademarks. Headquartered in Portland, Oregon, RedChip.com also has offices in San Francisco, Los Angeles and Minneapolis. SOURCE RedChip.com, Inc. -0- 01/20/2000 /CONTACT: Doug Donsky, or Jennifer Hurson, both of Morgen-Walke Associates, 212-850-5600, for RedChip.com/ /Web site: http://www.redchip.com/ (AAON BRY DFCO MINI ROBV BMTR FMSB MVCO MSIX PHHM BELM CAIR CGPI CW HZO) CO: RedChip.com, Inc. ST: Oregon IN: FIN MLM PUB SU: RTG -0- Jan/20/2000 11:39 EOS (PRN) Jan/20/2000 11:39 85 â -0- (PRN) Jan/20/2000 11:54
RedChip.com Announces Rating Changes and Discovery Stocks
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