LocateStock.com Daily High Five For Friday March 28, 2008

Jersey City, NJ – March 28, 2008

The LocateStock.com HIGH FIVE for Friday, March 28^th are:

5 – Sify Technologies Limited – NASDAQ:SIFY

4 – PC Mall – NASDAQ:MALL

3 – DSW Inc. – NYSE:DSW

2 – Sirius Satellite Radio – NASDAQ:SIRI

1 – Lehman Brothers – NYSE:LEH

 
Sify Technologies Limited (NASDAQ:SIFY) provides Internet, network, and electronic commerce services in India. The company's corporate network/data services comprise various Internet protocol-based virtual private network offerings, including intranets, extranets, and remote access applications; and security solutions, such as security design, audit, procurement, and integration.

* Sify's stock lost 6 cents or 1.40% to $4.24 on Thursday on no news. There has been no news released by the company since late February.

 

PC Mall, Inc. (NASDAQ:MALL) operates as a rapid response direct marketer of computer hardware, software, peripherals, electronics, and other consumer products and services. Its product portfolio comprises notebooks, desktops and servers, software, home electronics, printers and related supplies, storage and related supplies, displays, network and telecommunications, accessories, memory, and input devices.

 

* Last week PC Mall announced that Joseph Hayek joined the Company as Executive Vice President, Corporate Development and Investor Relations. Mr. Hayek will be responsible for optimizing PC Mall's strategic and corporate development efforts, with a particular focus on strategic acquisitions and other growth opportunities, and will also lead the company's investor relations efforts. Shares of MALL rose 34 cents or 3.20% to $10.98 on Thursday, but are down more than 20% this week.

DSW, Inc., (NYSE:DSW) together with its subsidiaries, operates as a specialty branded footwear retailer in the United States. It offers women's and men's dress and casual footwear, as well as athletic footwear and accessories.

* On Thursday, DSW reported a fourth-quarter profit that was lower than market expectations, citing a weak economy and declining consumer confidence, sending its shares to a life-time low. The company, which sells discounted brand-name footwear for men and women, posted net income of $1.1 million, or 2 cents a share, compared with net income of $16.6 million, or 37 cents a share, a year ago. Net sales rose 1% to $332.5 million, while same store sales fell 1.7%. Shares of DSW plummeted $4.21 or 23.99% to $13.34 on Thursday.

Sirius Satellite Radio, Inc. (NASDAQ:SIRI) provides satellite radio services in the United States. It offers commercial-free music channels that provide a selection of music genres, such as rock, pop, hip-hop, country, dance, jazz, Latin, and classical; and channels of sports, news, talk, entertainment, traffic, weather, and data content.

* Investors seem to be developing cold feet on the Sirius-XM merger, despite the recent Department of Justice's approval for the deal. Shares of SIRI lost 19 cents or 6.29% to $2.83 Thursday, and is down more than 10% this week.

 

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

* Shares of Lehman Brothers fell 8.90% Thursday on rumors that the fourth largest U.S. investment bank could see a run on the bank similar to what happened to Bear Stearns, traders said. A Lehman spokeswoman called the rumors "totally unfounded," which contributed to the stock taking back much of its losses. Shares of LEH closed down $3.78 to $38.71, and are down more than 20% this week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. The Company recently launched LocateStock TV, a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, Inc.