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FLEX, CRWE, URRE, RFMD - CRWEpicks Presents Friday's Stock Highlights! - November 12th, 2010 -



Flextronics International Ltd. (Nasdaq:FLEX) announced recently that it has received Microsoft's Value Excellence Award in recognition of exemplary partnership support for the launch and mass production of Microsoft's Kinect, a hands-free controller for the Xbox 360 gaming system.

Each year, Microsoft recognizes vendors within its preferred vendor program, the Microsoft Vendor Program (OTC:MSVP), that have demonstrated exceptional performance and innovation in service. Flextronics was awarded the Microsoft Value Excellence Award at Microsoft's ninth MSVP Annual Vendor Summit in Redmond, Washington last week.

Headquartered in Singapore, Flextronics is a leading Electronics Manufacturing Services (NYSE:EMS) provider focused on delivering complete design, engineering and manufacturing services to automotive, computing, consumer, industrial, infrastructure, medical and mobile OEMs. Flextronics helps customers design, build, ship, and service electronics products through a network of facilities in 30 countries on four continents.


Crown Equity Holdings Inc. (OTCBB:CRWE.OB) reported its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009.

The Company incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009.

Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by the Company.

In this case, Kenneth Bosket, President and CEO of Crown Equity Holdings Inc, commented: “Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business. Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth.”

CRWE also announced its joint venture with Communication Expert Corporation.

The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communications solutions specifically designed to meet the business and residential market needs.

Kenneth Bosket, President of Crown Equity Holdings Inc, stated: “We are excited to be partnering with Communication Expert Corporation. As part of this joint venture we look forward to building an outstanding team to develop and deliver voice and video VoIP services globally.”

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Uranium Resources, Inc. (Nasdaq:URRE) jumped in recently after posting its third-quarter results. The company earned C$80 million, or 20 Canadian cents per share, net of one-time items compared to C$172 million, or 24 Canadian cents per share, in the same period last year.

Revenue slipped by -19% to C$419 million. Uranium sales volumes slipped by -33% year-over-year, but CEO Jerry Grandey noted that a decline was expected.

Uranium Resources, Inc. engages in the acquisition, exploration, development, and mining of uranium properties, using the in situ recovery or solution mining process. It owns developed and undeveloped uranium properties in South Texas; and undeveloped uranium properties in New Mexico.


RF Micro Devices Inc. (Nasdaq:RFMD) a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies, unveiled recently the RF5632, a 2.3--2.7 GHz power amplifier IC.

The RF5632 is optimized specifically for WiMAX systems and can be designed into multiple applications, including customer premises equipment (NYSE:CPE), gateways, access points, LTE wireless infrastructure, and WiFi-based wireless high definition interface (WHDI) for wireless video distribution networks.

RF Micro Devices, Inc. (Nasdaq:RFMD) is a global leader in the design and manufacture of high-performance semiconductor components. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (OTCPK:WLAN), CATV/broadband and aerospace and defense markets.


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