A big winner so far...
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J2 Global Comm quarterly profit rises 57% (5:39 PM ET) SAN FRANCISCO (MarketWatch) -- J2 Global Communications Inc. (JCOM)after Monday's closing bell reported second-quarter net earnings of $11.7 million, or 46 cents a share, up 57% from $7.5 million, or 29 cents a share, last year. Revenue at the Los Angeles-based company was $34.9 million, compared with $25.8 million last year. J2 also forecast third-quarter earnings of 48 cents to 49 cents a share on revenue of $37.4 to $38 million. The company raised its earnings outlook for the year, forecasting a per-share profit in the range of $1.82 to $1.87 on revenue of $145 million to $148 million. J2 had previously forecast 2005 earnings in the range of $1.70 to $1.75 a share.
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JCOM has been the star of my portfolio since last summer. Valuation is obviously not as good after their recent spike. Thought I would bring it back to the top to inform those who didn't look the last time.
<font color="white"> (Really I just wanted to bump it to the top to brag about my pick) </font>
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