Zacks.com Announces That Bill Martin and Matt Ragas Highlight the Following Stock: Intermix Media

Business Wire, March 10, 2005

CHICAGO -- Bill Martin and Matt Ragas have noticed some insider selling on one of their holdings. Read their views on profit-taking, and learn about Intermix Media (AMEX:MIX). Bill Martin and Matt Ragas are editors of the FindProfit newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Highlights from the March 8th Featured Expert column by Bill Martin and Matt Ragas include:

Over the past month, Bill Martin and Matt Ragas have twice taken profits in Intermix Media (AMEX:MIX). On February 15th, they sold 30% of their holding, booking a 254% gain in the process. A few weeks later, on March 4th, they sold 25% of their remaining MIX holding, this time for an even bigger gain of 350%. Even with today`s (3/8) -2% decline in shares of MIX to the $8.51 level, the stock is up more than 50% in 2005, and insiders, like Martin and Ragas, have been understandably locking in some profits.

Yesterday (3/7), a new Form 4 filing with the Securities and Exchange Commission hit the tape, showing that Brett Brewer, a director and the President of MIX, recently sold all 186,000 MIX shares that he held directly. The sale was made at an average price of $8.90 per share.

Given the stock`s sharp appreciation in the early months of this year, Martin and Ragas are not surprised to see insiders booking some profits. Brewer, for example, has been with the company since 1999, and he`s been through all the trials and tribulations at MIX. For him personally, the sales were probably long awaited compensation for sticking with MIX.

Get Bill Martin and Matt Ragas' complete commentary on the above stock and read their analysis on a daily basis by clicking: http://at.zacks.com/?id=85

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