March 16, 2005 10:00 ET Releases Its "Cocktail Party Stocks" List -- List of Most Hyped and Overvalued Stocks Based on Our Proprietary Quantitative Analysis

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

SANTA BARBARA, CA -- (MARKET WIRE) -- March 16, 2005 -- announced today its current list of the most hyped and overvalued stocks.

Topping the list is Travelzoo Inc. (NASDAQ: TZOO) (SELL rated). While TZOO has dropped almost 50% from where we initiated on it with a SELL rating, it still remains the most hyped and overvalued stock on our list. It currently trades at a forward PE of 67x, 27x sales, and 23x its book value. Our price target of $23 implies 52% downside risk from the current price of $48.27.

Icos Corp. (NASDAQ: ICOS) (Not Rated) is the runner up in our list. Competing in the ever popular biotechnology sector, ICOS trades at a forward PE of 56x, 16.7x sales, and 35.6x book value. This for a company with losses characterized by a -43% return on assets, and a -152% return on equity. Others on the list include (NYSE: NVT) (Not rated), (NASDAQ: INFY) (Not Rated).

The full list of "Cocktail Party Stocks" is available at our website for free to all website visitors or contact Alicia Arden at 818-936-3475 or

About is affiliated with Millennium Asset Management, a California- based Registered Investment Advisor specializing in fee-based portfolio management and sophisticated strategies for high net worth and selected institutional clients.

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