Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, October 22, 2010

Article Excerpt

20-20 TECHNOLOGIES INC., $4.00, symbol TWT on Toronto, makes computer-aided design, sales, engineering and manufacturing software for clients in the interior-design and furniture industries. The company has customers in 100 countries, and markets software in 23 languages. The stock jumped 10% this week after a group of 20-20 shareholders led by U.S.-based private equity firm Crescendo Partners requested a special shareholders’ meeting. Together, these investors control 16% of 20-20’s shares. They have said that they want to replace three of the company’s 10 directors with their own nominees. 20-20 has not yet responded to the request. Crescendo has a history of helping small technology companies unlock value. We feel the addition of Crescendo’s nominees to 20-20’s board of directors would help spur the company’s growth. 20-20 Technologies is still a hold. WESTJET AIRLINES LTD., $12.45, symbol WJA on Toronto, rose 7% this week after the company signed an interline agreement with American Airlines. Starting November 9, 2010, American Airlines passengers travelling to Canada can buy…

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