SOURCE: Bellwether Report

May 03, 2006 10:30 ET

BellwetherReport.com Morning Market Alerts for ADIC, PWAV, MDRX and MVSN

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Bellwether Report.

VANCOUVER, BC -- (MARKET WIRE) -- May 3, 2006 -- BellwetherReport.com a leading online market research firm has added Advanced Digital Information (NASDAQ: ADIC), PowerWave Technologies (NASDAQ: PWAV), Allscripts Healthcare Solutions (NASDAQ: MDRX), Macrovision Corp (NASDAQ: MVSN) to the growing number of large-cap growth companies we will keeping close eye on over the coming weeks.

Advanced Digital Information is trading up 44% in early market trading after announcing after the close yesterday that Quantum Corp will purchase the company for $770 million. ADIC provides intelligent storage solutions for the open systems marketplace.

PowerWave Technologies is trading up 11% in early morning trading today, however this comes as a result of market correction, yesterday the company closed down significantly after missing their projected financials. The company was also upgraded this morning by Deutsch Securities and First Albany.

Allscripts Healthcare Solutions, is trading up 12% today, after reporting record results yesterday in post market. Total revenue for the three months ended March 31, 2006 was a record $42.2 million, compared to $26.2 million for the same period last year. Revenue from software and related services for the three months ended March 31, 2006 was a record $28.3 million, compared to $14.3 million for the same period last year, increasing by approximately 98%.

Macrovision Corp is trading up 10% in early morning trading. Yesterday after the close, the company posted their financials including higher quarterly profits before items and an increased 2006 forecast. This morning the company was also upgraded by Oppenheimer.

Investors seeking more information on the above mentioned companies, or similar trading opportunities are invited to visit www.bellwetherreport.com for more information, and a complimentary subscription to our newsletters.

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