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Quiksilver, Inc. () announced on Wednesday it has formed a joint venture with PBM International to market, sell and distribute "Quiksilver" and "Roxy" branded products in Mexico. The joint venture will be responsible for establishing a distribution network of retail stores in Mexico. This joint venture is a continuation of Quiksilver's strategy of owning and operating businesses in key territories. Quiksilver will focus its business in popular high-end travel destination markets and has high confidence their brands will fare well with the consumers in these markets. PBM International has established itself as a leading apparel marketing and distribution company in Mexico. The company currently distributes footwear, apparel and accessories under the names Arena and FIFA among others. Quiksilver will be the majority stakeholder in the agreement. Bernard Mariette, President of Quiksilver, stated yesterday, "This new venture is a perfect fit for our strategy. Not only is Mexico an exciting and potentially meaningful market, but we are very confident that we have found exactly the right partner in PBM International. This is another important step in the advance of our strategy to become the world's leader in the outdoor sports lifestyle market. We are excited for the development of this venture and believe it will prove to be quickly successful. " Mauricio Brener, CEO of PBM Interntaional, echoed this sentiment stating, "We are proud to have been selected by Quiksilver as a partner to represent their brand and business in Mexico. We have broad experience in the branded lifestyle and retail market and could not be more pleased with the opportunity this represents to build our increasingly strong portfolio of businesses. " June Announcement of Russian Joint Venture: Earlier in the year Quiksilver announced a partnership with Sprandi International Ltd. to market, sell and distribute "Quiksilver" and "Roxy" branded products in Russia. The agreement was similar to the Mexican deal with the company projecting success in a similar fashion. Analysts Opinions: Analysts are forecasting an increase of about 10 percent between fiscal years 2006 and 2007. They cited the acquisition of the Rossignol ski manufacturer as a main component of their bullish prediction. Analysts have also noted Quiksilver's margins should improve in North America, Asia and Europe due to recent reorganization. Company Profile: Quiksilver, Inc. designs, produces, and distributes apparel, golf equipment, footwear, and accessories. The company focuses primarily on the outdoor sports market. Quiksilver produces sales in surf shops, ski shops, skateboard/ snowboard shops, and department stores. Quiksilver, Inc. operates in the Europe find calan, Asia/Pacific, Russia, Mexico and America. find calan The company was incorporated in 1976 and is headquartered in Huntington Beach, California. A Potential Trade: After identifying a company with a high potential for an increase in the price of a stock, an investor can turn to PowerOptions' Option Chain Tool to search for the best position to trade. A search done December 7, 2006 revealed the following potentially lucrative covered call position for Quiksilver Inc. :

Quiksilver Inc. (ZQK) $ 14. 99 (44 days)
OPTION Expiration/Strike Opt. Bid %Dnsd. Prot %If Unch. %If Asgnd
ZQKAC 07 JAN 15. Find calan 00 $0. 75 5. 00% 5. 30% 5. 30%
This slightly out-of-the-money covered call provides outstanding 5. 00% downside protection and a reasonable potential profit if unchanged or if assigned of 5. 3%. For more information about how to identify and research great , visit the website. will allow you, with a few quick clicks, to quickly and accurately compare trades and you will find the data you need to make quick, clear, and informed decisions. With tools, you can trade knowing you have found the best investment for your risk/reward profile. provides a toll-free number (1-877-992-7971) for customer support (PowerOptions's customer support is second to none in the industry) for answering customer questions. provides a of its service. So join today, and you too can start reaping the benefits of the . provides Internet based tools for analyzing with specific search criteria for finding potentially lucrative . For those seeking to execute a for their personal portfolios, provides an Internet based search engine for finding potentially lucrative income producing positions. PowerOptions' sister company provides expert recommendations. specializes in , and strategy recommendations. provides a of its service. [tags]joint venture, [find calan] PBM International, Quiksilver, Roxy, Mexico, Arena, FIFA, Bernard Mariette, Mauricio Brener, Sprandi International, Russia, Rossignol, North America, Asia, Europe, Huntington Beach, California, ZQK, Quiksilver Inc. , covered call investment strategy, investment strategy, iron condor, option income, poweroptions, selling naked puts, stock option trading, stock options[/tags]


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