Zacks.com Announces That Joseph Parnes Highlights the Following Stocks: Hydril, Itron, and Peet's Coffee

Business Wire, July 1, 2005

CHICAGO -- Joseph Parnes offers his analysis of the volatile oil market and highlights Hydril (NASDAQ:HYDL), Itron (NASDAQ:ITRI), and Peet's Coffee (NASDAQ:PEET). Joseph Parnes is the editor of the Shortex newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the June 29th Featured Expert column by Joseph Parnes include:

A Sampling of Long Positions

Hydril (NASDAQ:HYDL): The provider of premium connection and pressure control products used for oil/gas drilling and production experienced price history as: Last 3 months -7.4%, last 6 months 14.1% and last 12 months 79.5%. Demand high for its premium connection used in drilling environments, where extreme pressure, temperature, corrosion and mechanical stress are encountered.

Itron (NASDAQ:ITRI): The provider of automatic meter reader for gas (AMR) has booked orders in excess of $115 million including two large investor-owned utilities for over 1.2 million AMR modules for installation on gas meters.

Peet's Coffee (NASDAQ:PEET): The specialty coffee roaster and marketer is expanding its coffee chain in the shadow of Starbucks. It prides itself of picky coffee beans of high quality. Orders are shipped within 24 hrs of roasting. Brimmed coffee never stays in the pot longer than 30 min in its stores. Sells its coffee/tea through grocery stores, hotels, restaurants and direct to consumer by mail order and website.

Read Joseph Parnes' analysis of the volatile oil market and get all of his long positions as well as short positions by clicking: http://at.zacks.com/?id=85

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