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Monday, June 08, 2009

Watsco to Present at the William Blair 29th Annual Growth Stock Conference

Comtex

COCONUT GROVE, Fla., Jun 08, 2009 (BUSINESS WIRE) ----Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Senior Vice President, is scheduled to present at the William Blair 29th Annual Growth Stock Conference being held at the Four Seasons Hotel in Chicago, Tuesday, June 9, 2009 at 11:30 a.m. (CDT). Internet users can listen to a live webcast of the presentation on the William Blair website at http://www.wsw.com/webcast/blair17/wso/ or at the Investor Relations section of Watsco's website at http://www.watsco.com.

Watsco is the largest independent distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC industry, currently operating 412 locations serving over 40,000 customers in 34 states. Watsco's strategy provides the products, support and convenience that contractors require to satisfy the needs of homeowners and businesses that depend on the comfort and energy-efficiency provided by HVAC systems. The Company's goal is to build a national network of locations that provide the finest service and product availability for HVAC contractors, assisting and supporting them as they serve the country's homeowners and businesses. Additional information about Watsco may be found on its website at http://www.watsco.com.

SOURCE: Watsco, Inc.

   Watsco, Inc. 
   Barry S. Logan, Senior Vice President, 305-714-4102 
   blogan@watsco.com

Copyright Business Wire 2009
   
   **********************************************************************
   
   As of Thursday, 06-04-2009 23:59, the latest Comtex SmarTrend� Alert, 
   an automated pattern recognition system, indicated an UPTREND on 
   11-26-2008 for WSO @ $37.10.
   
   For more information on SmarTrend, contact your market data
   provider or go to www.mysmartrend.com
   
   SmarTrend is a registered trademark of Comtex News Network, Inc.
   Copyright � 2004-2009 Comtex News Network, Inc. All rights reserved.

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No-Load Funds

Some mutual funds want you to pay for the privilege of them (or your investment adviser) taking your money to invest. It's called a load, and it works like a cover charge to get into a nightclub. Luckily, there are such things as no-load funds. As the name implies, shares of these funds are sold without a fee paid to a broker or investment advisor.

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The often-cited horse race analogy argues against investing in load funds. Here's the logic behind it: Would you place a bet on a horse that had to start a race 200 yards behind the others? Well, maybe you would if you got a tip from a sketchy, trench coat-clad man in a dark alley. However, under most circumstances, it's not smart to put your money on that handicapped horse.

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Cost-benefit analysis can help determine when a load fund is worth it (in other words, when it will score you a load) and when it is better to "do it yourself" and avoid the fees. Load-fund fees range depending on share class and can cover a variety of costs, such as paper work and fund management.