American Woodmark, GSE Holding, DISH Network, DIRECTV and Sprint highlighted as Zacks Bull and Bear of the Day

 American Woodmark, GSE Holding, DISH Network, DIRECTV and Sprint highlighted
                      as Zacks Bull and Bear of the Day

PR Newswire

CHICAGO, Oct. 4, 2013

CHICAGO, Oct. 4, 2013 /PRNewswire/ -- Zacks Equity Research highlights
American Woodmark Corporation (Nasdaq:AMWD-Free Report) as the Bull of the Day
and GSE Holding (NYSE:GSE-Free Report) as the Bear of the Day. In addition,
Zacks Equity Research provides analysis ontheDISH Network Corp.
(Nasdaq:DISH-Free Report), DIRECTV (Nasdaq:DTV-Free Report) and Sprint Corp.
(NYSE:S-Free Report).


Here is a synopsis of all five stocks:

Bull of the Day:

American Woodmark Corporation (Nasdaq:AMWD-Free Report) reported excellent
quarterly results buoyed by strong growth in new construction as well as
remodeling sales channels. As a result, earnings estimates have surged,
sending this cabinet maker to Zacks Rank #1 (Strong Buy).

American Woodmark  is a leading manufacturer and distributor of kitchen and
bath cabinets for remodeling and new home construction markets.

The company manufactures cabinets under four major brands:American Woodmark,
Timberlake Cabinetry, Shenandoah Cabinetry and Waypoint Living Spaces and
sells more than 435 cabinet lines in a wide variety of design materials and

Its products are sold through a network of independent dealers and
distributors, and directly to major builders and Lowe's and The Home Depot.
The company operates 11 manufacturing facilities and 9 builder service centers
across the country.

While housing markets appeared to be taking a breather of late due to increase
in mortgage rates, still tight credit availability and rise in home prices,
remodeling activity continued its uptrend. Further, interest rates have come
down after the 'no-taper' announcement. Per Freddie Mac, fixed mortgage rates
are now at their lowest levels in three months. As a result, housing markets
may pick up again.

Bear of the Day:

Estimates have come down substantially after ugly second quarter results,
sending GSE to a Zacks Rank # 5 (Strong Sell), with an "Underperform"

GSE Holding (NYSE:GSE-Free Report) is a manufacturer and marketer of
geosynthetic lining products and services, used for environmental protection
and confinement applications. Their solutions are used mainly in agriculture,
aquaculture, mining, power, waste containment, wastewater, and other
industrial applications.Headquartered in Houston, GSE has manufacturing
facilities in the US, Chile, Germany, Thailand and Egypt. It also has sales
offices throughout the world.

Total net sales for the second quarter were$108.2 million, compared to$139.2
millionfor the prior year period. The loss in the quarter was$6.9 million,
or($0.34)per diluted share compared to adjusted net income of$5.8
millionor $0.29per diluted share in the prior year period.

Declining EBITDA caused GSE to breach its debt covenant in respect of its
total leverage. The company obtained a waiver of default from its lenders and
amended the credit facility.

According to the management, very weak European economy has left the industry
with excess capacity, leading to overall margin pressure.

Additional content:

DISH to Bid for LightSquared Spectrum

Recently,DISH Network Corp. (Nasdaq:DISH-Free Report) has won a favorable
ruling to take part in the upcoming spectrum auction of LightSquared Inc. In
May 2013, DISH offered a bid of $2.22 billion to acquire 40 MHz of wireless
spectrum held by LightSquared, which is currently bankrupt. However, Harbinger
Capital Partners, the principal owner of LightSquared, objected to this bid
stating that DISH has resorted to fraudulent means to enter the bidding

Last Monday, a Manhattan bankruptcy judge approved DISH's bid and has set Nov
25, 2013 as the auction date. Earlier, the Federal Communications Commission
(FCC) had refused the use of this particular airwave as it was interfering
with the global positioning system. This has led to LightSquared's bankruptcy.
Later on, the FCC conducted more tests on the spectrum and eventually
permitted an auction with a few modifications.

DISH has constructed an extensive wireless/satellite spectrum base over the
last couple of years. In 2012, the company purchased 2 slots of the 40 MHz
S-band wireless spectrum from bankrupt TerreStar Networks Inc. and DBSD North
America Inc. for a consideration of $2.9 billion. Moreover, the company owns a
slot of 700 MHz airwaves. DISH is the second largest satellite TV operator in
the U.S. after DIRECTV (Nasdaq:DTV-Free Report). The U.S. pay-TV market is
intensely competitive. Competition emerge from the fiber-based video offerings
of telecom giants, cable MSOs and online video streaming service providers.

We believe DISH's attempt to enter into the wireless market is a
diversification strategy to counter pay-TV market saturation. The company
enjoys the opportunity to collaborate with several established telecom or tech
companies to jointly establish a wireless network. Earlier, DISH failed to
acquire Sprint Corp. (NYSE:S-Free Report) from Softbank of Japan.

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