MIND

[dan_s]

Sweet 16 Growth Portfolio: An updated company profile for Mitcham Industries (MIND) has been posted under the Sweet 16 Tab. We have also posted an updated Net Income & Cash Flow Forecast.

[dan_s]

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today:

•ADTRAN, Inc. (ADTN)
•Allegheny Technologies Inc. (ATI)
•Mitcham Industries, Inc. (MIND)
•Navistar International Corp. (NAV)
•ORIX Corp. (:ADR) (IX)

Obviously, I do not agree with their ranking of MIND as a Strong Sell. The company's Q3 will be "soft" but Q4 is shaping up to be blockbuster quarter. Hang tough and buy the dips.

Read the transcript of the Q2 conference call and you will see where I am coming from on this one.

[setliff]

this is par for the course with zack's. recently they had gpor on the list, also. they never give reasons. they don't seem to get much mkt reaction, though.