What:

I think it’s time you take a serious look at PeakStocks.com portfolio recommendation AuthenTec (Nasdaq: AUTH), the world’s leading provider of fingerprint sensors and solutions to the wireless, PC and Access Control markets.

I am initiating the Fourth (4) BUY recommendation of AuthenTec at or around $10.00 per share.

New to the AuthenTec story?

• Click here to read my complete AuthenTec research report and buy recommendation

• Or read my last company update where I go into more detail here.

Why:

Further due diligence and research of AuthenTec has strengthened my original investment thesis to the point that I feel AuthenTec’s shares anywhere around $10.00 or less represent an incredible buying opportunity for long term investors.

AuthenTec’s growth potential is huge, their competitive advantages are enormous, and their valuation at this level makes them not only compelling from a company standpoint, but also from a valuation and risk/reward standpoint, and that’s not something that can often be said for a fast growth company!

Read my last company update that I just issued earlier this week here.

Don’t be afraid of current market conditions!

While we can never predict bottoms, my cost-averaging approach to purchasing shares on PeakStocks.com has allowed us to get into AuthenTec at bargain prices while being patient for a turnaround in the overall market, and specifically, for a catalyst with this particular company, which will be upon us shortly with AuthenTec’s next earnings announcement coming up as well as new products and manufacturing deals that will be start to ramp up in the back half of 2008, and into 2009.

I advise you to buy shares immediately, even if it is only your first position, and add to that position on anything below the $10 level.

Remember, AuthenTec came public at $11 per share.

I never thought we would have the opportunity to purchase shares at or near these levels again.

This might be one of the last times you’ll get that chance, don’t let it pass you by.

• Read my last company update where I go into more detail here.

• Click here to read my complete AuthenTec research report and buy recommendation

*Variables You Should Know About AuthenTec (Nasdaq: AUTH)

STRONG BUY

• Proprietary and Patented Technology

• Low-Cost Advantage

• Continuous Technological Innovation

• Huge Growth In an Expanding and Rapidly Developing Market

• CEO Founder With Sizeable Stake in Company

• Strong Relationships With Leading Global PC and Wireless Device Manufacturers

• Addressable market of over 1 Billion units per year

• New Company on the Precipice of Fundamental Breakout

• Fantastic Stock Price, around IPO level

• High Margin Business

• Multiple Revenue Streams

*As of 7-2-08. Except share price, all values in millions.