StockPickReport.Com Announces Stock Evaluation ...
Enviado: 8/4/2003 21:13...Ratings on PeopleSoft, ADC Telecommunications, Bristol-Meyers, Morgan Stanley and Microchip Technology
Business Wire - April 08, 2003 11:25
SHREVEPORT, La.--(BUSINESS WIRE)--April 8, 2003-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw ) makes these short-term stock recommendations:
PeopleSoft (NASDAQ:PSFT) - SELL - http://pr.stockpickreport.com/PSFT.htm
ADC Telecommunications (NASDAQ:ADCT) - SELL - http://pr.stockpickreport.com/ADCT.htm
Bristol-Meyers (NYSE:BMY) - BUY - http://pr.stockpickreport.com/BMY.htm
Morgan Stanley (NYSE:MWD) - BUY - http://pr.stockpickreport.com/MWD.htm
Microchip Technology (NASDAQ:MCHP) - SELL - http://pr.stockpickreport.com/MCHP.htm
PeopleSoft (NASDAQ:PSFT)
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/PSFT.htm
PeopleSoft designs, develops, markets and supports a family of enterprise application software products for use throughout large and medium-sized organizations.
PSFT's daily volume still continues to move up. Traders that hold shares of PSFT should observe that PSFT's closing price slipped over the prior few trading sessions as evidenced by the one-week moving average of its three-week rate-of-change moving average.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of PSFT) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate PSFT a SELL, please visit: http://pr.stockpickreport.com/PSFT.htm.
ADC Telecommunications (NASDAQ:ADCT)
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/ADCT.htm
ADC Telecommunications provides a broad range of network equipment and software and integration services for broadband and multiservice networks.
ADCT's 15-day price rate-of-change average closed the recent trading session lower than it's price from the week-ago period. Next, we see that ADCT's daily number of shares-traded continues to move above recent numbers. Subsequently, our researchers believe the stock should, more likely than not, start a shift in course in accordance with the most recent short-term stochastic analysis.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of ADCT) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate ADCT a SELL, please visit: http://pr.stockpickreport.com/ADCT.htm.
Bristol-Meyers (NYSE:BMY)
StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/BMY.htm
Bristol-Myers Squibb is a global pharmaceutical and related health care products company.
The stock's price slipped down throughout the recent few sessions based on a 5-day average of it's 15-period closing-price moving average. Moreover, data points out that the stock's multi-week average of volume increased during the previous seven-day period. Lastly, our research implies that BMY will, most likely, continue the prevalent trade channel if you consider near-term oscillating stochastic readings.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying BMY) at current levels offers traders a nice chance for a profitable trade.
For clarification on how we rate BMY a BUY, please visit: http://pr.stockpickreport.com/BMY.htm.
Morgan Stanley (NYSE:MWD)
StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/MWD.htm
Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services.
MWD's 15-day price rate-of-change average ended the most recent session below it's number from the week-ago period. In addition, the daily shares traded for MWD rose over previous moving averages during the most recent few periods. Our technical analysts believe the stock should usher in a change of tone as predicted by MWD's most current short-term stochastic analysis. In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying MWD) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate MWD a BUY, please visit: http://pr.stockpickreport.com/MWD.htm.
Microchip Technology (NASDAQ:MCHP)
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/MCHP.htm
Microchip Technology develops and manufactures specialized embedded control semiconductor products.
Our research shows that the stock's multi-week moving-average of trading volume rose above prior levels during the previous week. Incidentally, near-term stochastic charts cause our analysts to think that the stock's prices should maintain the current movement. Lastly, the stock's price near-term average fell over the last five trading sessions.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of MCHP) at current levels is the logical move at this time.
For clarification on how we rate MCHP a SELL, please visit: http://pr.stockpickreport.com/MCHP.htm.
WHAT THESE RATINGS MEAN:
StockPickReport.Com ranks stocks with a proprietary unbiased system of technical analysis. These ratings do not indicate a "long term" view of any company listed. These are ratings that reflect our opinion of a stock's potential price movement over the next five to ten trading sessions. The stock ratings range from +10 (which indicates our view that a stock has a great chance to move higher) to -10 (which indicates our belief that a stock has a great chance to move lower). These ratings may change based on daily market conditions.
ABOUT STOCKPICKREPORT.COM:
StockPickReport.Com is a stock research firm. Our daily commentary has regular, worldwide distribution. We are Registered Investment Advisors. We do not accept third-party compensation to make stock suggestions. We do not own shares of any stock we rate.
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited. StockPickReport.Com's goal is to provide stock research FREE from bias or conflicts. You can get your FREE trial to StockPickReport.Com at http://www.stockpickreport.com/?src=bw
CONTACT: StockPickReport.Com, Shreveport
Dewey Burchett, 318/219-2368
info@stockpickreport.com
http://www.stockpickreport.com/index.htm
Business Wire - April 08, 2003 11:25
SHREVEPORT, La.--(BUSINESS WIRE)--April 8, 2003-- StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw ) makes these short-term stock recommendations:
PeopleSoft (NASDAQ:PSFT) - SELL - http://pr.stockpickreport.com/PSFT.htm
ADC Telecommunications (NASDAQ:ADCT) - SELL - http://pr.stockpickreport.com/ADCT.htm
Bristol-Meyers (NYSE:BMY) - BUY - http://pr.stockpickreport.com/BMY.htm
Morgan Stanley (NYSE:MWD) - BUY - http://pr.stockpickreport.com/MWD.htm
Microchip Technology (NASDAQ:MCHP) - SELL - http://pr.stockpickreport.com/MCHP.htm
PeopleSoft (NASDAQ:PSFT)
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/PSFT.htm
PeopleSoft designs, develops, markets and supports a family of enterprise application software products for use throughout large and medium-sized organizations.
PSFT's daily volume still continues to move up. Traders that hold shares of PSFT should observe that PSFT's closing price slipped over the prior few trading sessions as evidenced by the one-week moving average of its three-week rate-of-change moving average.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of PSFT) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate PSFT a SELL, please visit: http://pr.stockpickreport.com/PSFT.htm.
ADC Telecommunications (NASDAQ:ADCT)
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/ADCT.htm
ADC Telecommunications provides a broad range of network equipment and software and integration services for broadband and multiservice networks.
ADCT's 15-day price rate-of-change average closed the recent trading session lower than it's price from the week-ago period. Next, we see that ADCT's daily number of shares-traded continues to move above recent numbers. Subsequently, our researchers believe the stock should, more likely than not, start a shift in course in accordance with the most recent short-term stochastic analysis.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of ADCT) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate ADCT a SELL, please visit: http://pr.stockpickreport.com/ADCT.htm.
Bristol-Meyers (NYSE:BMY)
StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/BMY.htm
Bristol-Myers Squibb is a global pharmaceutical and related health care products company.
The stock's price slipped down throughout the recent few sessions based on a 5-day average of it's 15-period closing-price moving average. Moreover, data points out that the stock's multi-week average of volume increased during the previous seven-day period. Lastly, our research implies that BMY will, most likely, continue the prevalent trade channel if you consider near-term oscillating stochastic readings.
In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying BMY) at current levels offers traders a nice chance for a profitable trade.
For clarification on how we rate BMY a BUY, please visit: http://pr.stockpickreport.com/BMY.htm.
Morgan Stanley (NYSE:MWD)
StockPickReport.Com Rating: BUY
http://pr.stockpickreport.com/MWD.htm
Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services.
MWD's 15-day price rate-of-change average ended the most recent session below it's number from the week-ago period. In addition, the daily shares traded for MWD rose over previous moving averages during the most recent few periods. Our technical analysts believe the stock should usher in a change of tone as predicted by MWD's most current short-term stochastic analysis. In our opinion, StockPickReport.Com research indicates a "long" strategy (selling puts, buying calls, closing short positions, or outright buying MWD) at current levels may not be advisable. The stock is close to a change in direction, we think.
For clarification on how we rate MWD a BUY, please visit: http://pr.stockpickreport.com/MWD.htm.
Microchip Technology (NASDAQ:MCHP)
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/MCHP.htm
Microchip Technology develops and manufactures specialized embedded control semiconductor products.
Our research shows that the stock's multi-week moving-average of trading volume rose above prior levels during the previous week. Incidentally, near-term stochastic charts cause our analysts to think that the stock's prices should maintain the current movement. Lastly, the stock's price near-term average fell over the last five trading sessions.
In our opinion, StockPickReport.Com research indicates a "short-sell" strategy (buying puts, selling calls, short-selling, or outright selling of MCHP) at current levels is the logical move at this time.
For clarification on how we rate MCHP a SELL, please visit: http://pr.stockpickreport.com/MCHP.htm.
WHAT THESE RATINGS MEAN:
StockPickReport.Com ranks stocks with a proprietary unbiased system of technical analysis. These ratings do not indicate a "long term" view of any company listed. These are ratings that reflect our opinion of a stock's potential price movement over the next five to ten trading sessions. The stock ratings range from +10 (which indicates our view that a stock has a great chance to move higher) to -10 (which indicates our belief that a stock has a great chance to move lower). These ratings may change based on daily market conditions.
ABOUT STOCKPICKREPORT.COM:
StockPickReport.Com is a stock research firm. Our daily commentary has regular, worldwide distribution. We are Registered Investment Advisors. We do not accept third-party compensation to make stock suggestions. We do not own shares of any stock we rate.
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited. StockPickReport.Com's goal is to provide stock research FREE from bias or conflicts. You can get your FREE trial to StockPickReport.Com at http://www.stockpickreport.com/?src=bw
CONTACT: StockPickReport.Com, Shreveport
Dewey Burchett, 318/219-2368
info@stockpickreport.com
http://www.stockpickreport.com/index.htm