Professor to Number 2 in Barron's Magazine Market Challenge DUNCANVILLE, Texas, May 22 /PRNewswire/ -- For the second consecutive year LSGI Advisors Inc. announces Joseph R. Dancy, Adjunct Professor of Energy Law at Southern Methodist University and fund manager of the LSGI Technology Venture Fund L.P., placed second in the Professor Division in the 2007 Barron's Magazine portfolio challenge. The Barron's Challenge spanned six months and was open to undergraduate and graduate students and professors at accredited U.S. colleges or universities. Winners were selected from the active managers whose strategy produced the largest total portfolio returns. Contestants set up their account with $100,000 in hypothetical money using a specialized portfolio simulation. They follow specific financial guidelines and rules covering the buying, trading, accumulation, and fund reserves. Dancy's portfolio rose to $132,900 during the six month contest. A portfolio invested in the Standard & Poor's 500 index, a benchmark for many actively managed accounts, would have increased in value to $104,000 during the same time period. Dancy assembled the Barron's Challenge portfolio using firms he currently holds in the LSGI Venture Fund L.P. portfolio, including Interoil Corporation (Amex: IOC), Arena Resources (NYSE: ARD), OMNI Energy Services (Nasdaq: OMNI), Matrix Services (Nasdaq: MTRX), Fuel Tech Inc. (Nasdaq: FTEK), U.S. Global Investors (Nasdaq: GROW), Diamond Hill Investments (Nasdaq: DHIL), Gigamedia (Nasdaq: GIGM), International Royalty Corporation (Amex: ROY), Comtech Group Inc. (Nasdaq: COGO) and Allegheny Technologies (NYSE: ATI). "The applied financial theory that serves as the basis of our strategy has historically generated substantial excess returns on capital. Certain sectors of the market are not always efficient, and we illustrated that fact for a second year in a row. The companies in our portfolio are small, growing, and undervalued," said Mr. Dancy. Dr. Dean Johnson, Professor of Finance and Director of the Applied Portfolio Management Program (APMP) at Michigan Technological University's School of Business and Economics commented, "Joe is an outstanding fund manager operating in an inefficient part of the market. His consistency in delivering substantial excess returns while controlling risk speaks volumes to his skill as a portfolio manager." In a Barron's article discussing the contest, Dancy noted the energy sector remains attractive: 'Global demand and supply issues should push crude oil prices well above $70 a barrel before the Fourth of July. Expect fireworks in the energy sector this summer, with a potentially explosive move to the upside.' The latest LSGI Advisors report analyzing trends in the energy sector and the firms in the LSGI Venture Fund portfolio is available by contacting LSGI at email@example.com About LSGI Advisors: LSGI Advisors Inc. manages the LSGI Technology Venture Fund L.P., a Texas limited partnership. For more information please visit: http://lsgifund.com Email: firstname.lastname@example.org For More Information, Contact: Joseph Dancy, LSGI Advisors Inc. 972-780-1805 office 214-263-5201 cell SOURCE LSGI Advisors Inc. CONTACT: Joseph Dancy of LSGI Advisors Inc., +1-972-780-1805, cell, +1-214-263-5201 -0- May/22/2007 13:25 GMT
Fireworks in the Energy Sector: Explosive Gains Rocket SMU
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