Harbinger Research publishes Bird's Eye Report on diamond seller Abazias
08 Nov '05
2 min read
Quality-leading independent research company Harbinger Research has published a Bird's Eye Report on leading international diamond seller Abazias just released for dissemination November 7, 2005. The report favorably reviews the company's business model and investment opportunities, and highlights the undervalued nature of the stock.
Written by Senior Research and Charted Financial Analyst Stephanie Loiacono the report goes on to detail Abazias' strengths including its highly scalable business model; large market potential with online buying gaining momentum; strong management with solid industry relationships and share price performance. Loiacono goes on to remark that the downside risks are limited: "At the current levels, they believe the downside risk for ABZS shares is limited."
Harbinger Research also highlights Abazias' largest availability of diamonds online versus even the its largest competitor Blue Nile, positive cash flow, strengthened balance sheet, and minimal burn rate significantly less any every other public competitor. The nine-page research report, which will be made available in PDF format, can be accessed by going to www.harbingerresearch.com.
The analyst report will also be made available at www.abazias.com shortly in the investment relations' section. Harbinger Research is a quality-leading independent research company that provides in-depth equity research coverage to smaller U.S. traded companies and the individuals and institutions that invest in them.