[GINI-user] ZacksElite.com Daily Update

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ZACKS.COM PROFIT from the PROS ** Tactics that Work in Good and Bad Markets . Pixelworks Inc. (PXLW) prompt recovery from "erroneous & Nasdaq cancelled trades" & Win/Win Situation on Market Correction, Expected Uptrend on Monday, August 06, 2007. Addtional investigation, research & analysys on Pixelworks Inc. (PXLW) recent price movements.
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1) ZACKS RANK BUY STOCKS
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Zacks #1 Rank stocks average a 129.6 % profit p/a. Every day on Zacks.com we highlight four new Zacks Rank Buy stocks. Each individual stock is chosen based on how well they match the criteria for the four main schools of investing: Aggressive Growth, Momentum, Growth & Income and Value. 

Aggressive Growth - Pixelworks Inc. (PXLW). 

Recently we noticed strange actrivity around PXLW price and decided to make our own investigation, research and analysys.

Jul 25, 2007 Pixelworks Inc. (PXLW) price had fallen due to panic of PXLW investors, caused by some "erroneous sell orders" as Nasdaq says executed by mistake just 1 day before Earnings Call. As a result: "NASDAQ, per its rules, and on its own motion, identified the erroneous trades and broke any and all trades at or below a price of $1.48 in Pixelworks stock executed from 11:04 a.m. through 11:06 a.m. EDT. NYSE Arca and the National Stock Exchange, Inc. also agreed to the same terms for breaking trades that affected their markets. NASDAQ then issued an alert to traders informing them of this action."  After PXLW remains strongly undervalued (below $1.85):
Read more at   http://www.zacks.com/research/get_news.php?id=207r6341&t=PXLW
& http://biz.yahoo.com/bw/070725/20070725006456.html?.v=1 

Jul 26, 2007 16:04 	Pixelworks Collaborates with ASUSTeK to Deliver Superior Video Processing in PC Products
Read more....  http://www.zacks.com/research/get_news.php?id=207b1487&t=PXLW

Jul 26, 2007 16:05 	Pixelworks Reports Second Quarter 2007 Financial Results; Revenue up 12 Percent Sequentially
Read more...  http://www.zacks.com/research/get_news.php?id=207b1497&t=PXLW

Jul 27, 2007 10:38 	Pixelworks Team with ASUSTeK to Supply Video Processing in PC Products
Read more...   http://www.zacks.com/research/get_news.php?id=208g0258&t=PXLW

Jul 28, 2007  New Star Analyst Rankings for PIXELWORKS INC StarMine (Sat, Jul 28) 

Jul 30, 2007 08:59  SmallCapStockAnalyst.com: Hot Stock Picks for July 30, 2007! SCSA puts PXLW to their watch list, UPTREND, $1.79 expected on Monday.

Aug 01, 2007 Form 4 PIXELWORKS, INC For: Jul 31 Filed by: Simon Anthony R http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5079544 Filed on: August 1, 2007 Read the Full Article on StreetInsider.com: http://www.streetinsider.com/SEC+Filings/Form+4+PIXELWORKS%2C+INC+For%3A+Jul+31+Filed+by%3A+Simon+Anthony+R/2796471.html 

Aug 03, 2007 Battery Ventures and Pitango Venture Capital Invest $17 Million in Anobit Technologies - WALTHAM, Mass. and HERZELIA, Israel--(BUSINESS WIRE)-- 
Read the Full Article on StreetInsider.com: http://www.streetinsider.com/Press+Releases/Battery+Ventures+and+Pitango+Venture+Capital+Invest+%2417+Million+in+Anobit+Technologies/2820648.html


NEGATIVE FACTS.

- Huge downtrend'd been caused by "erroneous sell market orders" of avg total 400000 shares executed by Market Price by Automated Trading System of one of the European Banks/Brokerages (Nasdaq/SEC prefer not to disclosure the name). SEC/Nasdaq & unnamed brokerage entity confirms that these trades were made by mistake without human interraction:  as a result of small price valuations an order to sell avg. 400k shares at MKT with no limits'd triggered & broken the market, following some investors' panic & triggering more sell orders.  Next day, after Nasdaq investigation, most of these erroneous trades and trades below $1.48 had been cancelled and market/price corrected. 
Read more...  http://biz.yahoo.com/bw/070725/20070725006456.html?.v=1
- The worst about above mentioned fact is that this happened 1 day before PXLW Earnings Call & ASUSTek Partnership Announcement, these positive news/PR should have led PXLW price from avg. $1.80-$1.85 to avg. $2.44. As a result: PXLW is STRONGLY UNDERVALUED. 
- NO good PR/News from PXLW explaining everything to investors.


POSITIVE FACTS: 

+ NEW ASUSTek partnership ! Pixelworks Collaborates with ASUSTeK to Deliver Superior Video Processing in PC Products. Pixelworks Team with ASUSTeK to Supply Video Processing in PC Products. 
+ SOON! : Merger with Genesis Microchip Inc. (GNSS). Avg. Target Price $10.06. Upgraded by Roth Capital, Pechala Reports, Black Box Investing, Market Edge & etc. PXLW had established a large, inexpensive design team in Shanghai which will help GNSS compete on low cost products coming out of China. PXLW would be accretive to GNSS earnings. GNSS would be a major market player in the projector business.GNSS would pick up and help market the LCD peripheral business. GNSS would have more diversified sales. GNSS would add 28 million in sales on the cheap. GNSS's management team has a good track record of implementing projects and could greatly improve PXLW sales. Recently GNSS & PXLW physically moved to one office building. They both reside in the same city so no loss of valuable engineers.
+ PXLW and GNSS are both expecting new products to kick in in 2nd half of 2008.
+ More than 5 mln PXLW shares are bought/held by Hedge Funds, institutionals & insiders/management. (e.g. Battery Ventures Capital, Pitango Venture Capital, Undiscovered Managers Small Cap Growth Fund, Principal Investors West Coast Equity Fund, Bridgeway Ultra-Small Company Market Fund and many more...)
+ Large Buy Orders last days, and good uptrend against decreasing US economy/main indexes.
+ Pixelworks Reports Second Quarter 2007 Financial Results; Revenue up 12 Percent Sequentially
+ The company anticipates third quarter revenue of $26.5 M to $28.5 M 
+ SmallCapStockAnalyst.com: Hot Stock Picks for July 30, 2007! Put in Watchlist, beating all times lows, UPTREND exepected.
+ Pixelworks Reports Second Quarter 2007 Financial Results; Revenue up 12 Percent Sequentially. GAAP.
+ Shares Aquired by insiders (Vice President/Marketing). Read SEC Filing at http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5079544
+ Fool CAPS Rank - 3 (BUY)
+ Yahoo Finance - 3.4 (Hold Position); Target Price $1.85
+ Average brokers recommendation & other advisories/analysts/institutionals - 3 (BUY/Hold Position); avg Target Price - $ 2.44
+ PXLW is 5-star StarMine Ranked stock by most analysts... read more http://finance.yahoo.com/q/sa?s=PXLW
+ Zacks Elite Rank - 3 (Hold Long); Zacks Recommendation - BUY; Zacks Target Price - $5.0.


 Zacks Premium Research:

Zacks Rank
	3
Zacks Recommendation
	BUY
Zacks Target Price
	$5.00
Zacks Industry Rank
	138 out of 217
Rank in Industry
	22 out of 119
Zacks Equity Research Report

The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

BROKERAGE RECOMMENDATIONS
Current ABR 	3.17
ABR (Last Week) 	3.17
# of Recs in ABR 	6
Average Target Price 	2.44
Industry Rank by ABR 	115 out of 217
Rank in Industry 	112 out of 125

For more details Zacks Elite Rank Homepage at http://www.zacks.com/research/report.php?type=main&t=PXLW

Now PXLW is STRONGLY UNDERVALUED. Best time to enter PXLW and make fast, reliable & high specualtive profit and, probably, some long-position to reach $5.00 . Average expected price per share next week $1.95.-$2.44

Regards and Happy Investing, 

Charles Rotblut, CFA

Senior Market Analyst

Zacks.com

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