Zacks Sell List Highlights: Hi-Tech Pharmacal, Owens-Illinois,

 Lawson Software and National Semiconductor  CHICAGO--(BUSINESS WIRE)--Sept. 20, 2006 releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List - Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Hi-Tech Pharmacal Inc. (NASDAQ: HITK) and Owens-Illinois Inc. (NYSE: OI). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Lawson Software Inc. (NASDAQ: LWSN) and National Semiconductor Corp. (NYSE: NSM). To see the full Zacks #5 Rank List - Stocks to Sell Now visit:  Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List -- Stocks to Sell Now by 129.7% annually (11.9% vs. 5.2% respectively). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.  Here is a synopsis of why HITK and OI have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:  Hi-Tech Pharmacal Inc. (NASDAQ: HITK) has seen this year's earnings estimates drop 10 cents per share over the past two months. The company said it swung to a first-quarter loss as sales declined by 27 percent and research and development costs increased sharply. Hi-Tech said sales of generic drugs fell to $8.4 million from $13.9 million last year, due to lower unit sales of cough and flu products.  Owens-Illinois Inc. (NYSE: OI) has experienced a drop in analyst estimates. Earnings estimates for this year stand at $1.07 per share, down nine cents from 60 days ago. The company has missed earnings expectations in four out of the past five quarters. Energy and raw material costs are hurting the company.  Here is a synopsis of why LWSN and NSM have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks:  Lawson Software Inc. (NASDAQ: LWSN) has been the target of increasing bearishness by analysts. Over the past two months, full year estimates have declined over 30%. The new consensus estimate calls for 23 cents per share this year. Lawson had delayed filing their latest report in order to consolidate Intentia, a Swedish business software developer the company bought in April.  National Semiconductor Corp. (NYSE: NSM) has seen its earnings estimates drop for this year. The current 2006 consensus estimate of $1.31 per share is 17 cents below the forecast of two months ago. The company said that revenue in the current quarter will be down between 2% and 5% sequentially. Analysts had expected a gain. There was weakness in wireless handset and LCD monitor customers.  Truly taking advantage of the Zacks Rank requires the understanding of how it works. The free special report; "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions" is available to provide this insightful background. Download a free copy now to prosper in the years to come at  About the Zacks Rank  Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." A $10,000 investment in the Zacks Rank list made in 1988 would now be worth $1.8 million - equivalent to a 32.4% annualized return! During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8%, while the S&P 500 tumbled 37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 145.8% annually (+4.7% vs. +11.6%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.  Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks #1 Rank stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting  About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at  Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.  (a) The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs, and represents the gross returns before management fees.  Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.  CONTACT: Roopak Chakravarty, 312-630-9880 x 188    
Press spacebar to pause and continue. Press esc to stop.