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Zacks Bull and Bear of the Day Highlights: Hurray! Holding Co. Ltd., Dell, Inc., Cemig, Copel and CPFL. – Press Releases

Zacks Market Commentaries (June 1st, 2009) Writes:
For Immediate Release

Chicago, IL - June 1, 2009 - Zacks Equity Research highlights Hurray! Holding Co. Ltd. (HRAY) as the Bull of the Day and Dell, Inc. (DELL) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Cemig (CIG), Copel (ELP) and CPFL (CPL).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676.

Here is a synopsis of all five stocks:

Bull of the Day:

We upgrade our recommendation to a Buy for Hurray! Holding Co. Ltd. (HRAY), a leading provider of wireless value-added services (WVAS) and digital download content in China, following large-scale 3G (TD-SCDMA) wireless network deployments and the company's transformation to an entertainment content developer.

Hurray! also has a respectable net cash position on its balance sheet and operating margins appear to be

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Hurray! Holding Co. (HRAY) – Bull of the Day

Zacks Market Commentaries (June 1st, 2009) Writes:
We upgrade our recommendation to a Buy for Hurray! Holding Co. Ltd. (HRAY), a leading provider of wireless value-added services (WVAS) and digital download content in China, following large-scale 3G (TD-SCDMA) wireless network deployments and the company's transformation to an entertainment content developer.

Hurray! also has a respectable net cash position on its balance sheet and operating margins appear to be improving due to cost reduction measures.

We believe the company may be in the midst of a favorable turnaround, with share priced at an attractive level near the company's net cash position. Wireless demand for mobile entertainment services may also result in higher revenue levels over the next six- to twelve-months.Zacks Investment Research

Posted in Market Commentary, Stocks to Watch | No Comments »

Hurray! Wins Applause, Upgrade – Analyst Blog

Zacks Market Commentaries (May 29th, 2009) Writes:
We upgrade our recommendation to a Buy for Hurray! Holding Co. Ltd. (HRAY), a leading provider of wireless value-added services (WVAS) and digital download content in China, following large-scale 3G (TD-SCDMA) wireless network deployments and the company's transformation to an entertainment content developer.Hurray! also has a respectable net cash position on its balance sheet and operating margins appear to be improving due to cost reduction measures.We believe the company may be in the midst of a favorable turnaround, with share priced at an attractive level near the company's net cash position. Wireless demand for mobile entertainment services may also result in higher revenue levels over the next six- to twelve-months. Read the full analyst report on "HRAY"Zacks Investment Research

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