Stocks: Intelligroup, j2 Global Communications, Bio-Imaging, 3Com, Colgate Palmolive, and Network Associates Business Editors CHICAGO--(BUSINESS WIRE)--Nov. 17, 2003 Ian Wyatt can show you how to outsource your profit potential with an IT services company on the rise, along with several updates from his portfolio to help your returns grow strong. Read about Intelligroup (NASDAQ:ITIG), j2 Global Communications (NASDAQ:JCOM), Bio-Imaging (AMEX:BIT), 3Com (NASDAQ:COMS), Colgate Palmolive (NYSE:CL), and Network Associates (NYSE:NET). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: "Intelligroup - IT Outsourcing On The Cheap" from November 3, 2003 Edison, New Jersey-based Intelligroup (NASDAQ:ITIG) is an outsourced provider of IT services to companies world-wide. The company services include software implementation, upgrades, application development, and application management services. Intelligroup is unique in that the company maintains a large number of its developers in India where the cost of labor is low, while maintaining headquarters in the United States and abroad to service its growing base of worldwide clients. Current clients include 3Com (NASDAQ:COMS), Colgate Palmolive (NYSE:CL), and Network Associates (NYSE:NET). For the third quarter, Intelligroup reported revenues of $31 million, representing a 16% increase over the third quarter 2002, and an 11% sequential increase over the previous quarter. Not including special charges, Intelligroup reported an operating income of $975,000 and net earnings per share of five cents. It should be noted that including these special charges, the company's net income was $214,000 and earnings per share were zero cents. During the conference call, management provided financial guidance calling for 2003 revenues of $116 - $118 million, which would provide for $39 - $41 million during the fourth quarter, which would equate to sequential growth of 25 - 32%. Gross margins for the fourth quarter are expected to be 50%. Meanwhile, full-year 2003 EPS are expected to be 14 - 16 cents. It is Ian Wyatt's belief that as this company becomes better known to the investment community and if management is able to deliver on the goals and projections communicated during the recent conference call, there is an opportunity for significant upside in shares of Intelligroup's stock. Portfolio Update from November 7, 2003 Shares of j2 Global Communications (NASDAQ: JCOM) have fallen over 40% in the last month, even as the company provided stellar 2004 financial guidance. This provider of outsourced communications services including the fast growing fax-to-e-mail service dubbed eFax recently reaffirmed financial guidance for 2003 and announced that the company expects to grow its revenues by 40% in 2004 while increasing profit margins to a level that will result in EPS growth of 60%. Wyatt and his team are increasing their rating on j2 and maintaining their target price. With $44 million or $2 per share in cash on hand, Wyatt and team believes j2 remains well positioned for continued high growth in the next several years. Bio-Imaging (AMEX:BIT) recently reported financial results that were in-line with Wyatt's, and apparently others since the stock remained relatively steady in the $6 - $7 range. Revenues for the quarter reached $6.3 million, a 16.5% increase over the same period in 2002. Net income for the quarter increased 28% to $527,000, or $0.05 cents per diluted share in the third quarter. Bio-Imaging CEO Mark Weinstein wrote, "As we look to the remainder of 2003, we anticipate our total revenues for 2003 to be in the range of $24 - $26 million and diluted earnings per share to be in the range of $0.15 to $0.16 per share. As we previously indicated, for 2004, we expect total revenue growth in excess of 20% and earnings per share growth in excess of 30%." This guidance illustrates Wyatt's long-term position since he initiated coverage of Bio-Imaging on July 23rd 2003. This company has continued to perform within his estimates and he looks at 2004 with expectations that the company can meet his 12 month price target Read a lot more information on Intelligroup and all of the positions in Ian Wyatt's portfolio by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. 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