Stock Investor Trading News: Dell Computer Coverage Initiated
AUSTIN, Texas, April 6 /PRNewswire/ -- David Barney, Technical Analyst for Stock Investor Trading News ( sitn.com ) has initiated coverage of Dell Computer Corp. (Nasdaq: DELL) to a "Short Term Trading Sell."
"Based on our analysis and our past experience we have decided to move to the sidelines on Dell," says Mr. Barney. "It seems that all the good news is already factored into the stock price and that investors are starting to show signs of concern for the boxmaker's. We expect to see the earnings estimates lowered as analysts reevaluate the weakness in the PC market."
Stock Investor Trading News ( sitn.com ) provides a daily newsletter service to traders and investors around the globe. Some of the companies past recommendations have included Intel Corp. (Nasdaq: INTC), Tellabs, Inc. (Nasdaq: TLAB), America Online Inc. (NYSE: AOL), Dell Computer Corp. (Nasdaq: DELL), Amazon.com, Inc. (Nasdaq: AMZN), and Applied Materials (Nasdaq: AMAT). The newsletter also gives information about "short sales." Some of the past short sale recommendations have been Citrix Systems, Inc. (Nasdaq: CTXS), CIENA Corp. (Nasdaq: CIEN), and Cymer, Inc. (Nasdaq: CYMI) which was the biggest winner of 1997.
The company is also in the process of building a new website which will be an online hub for both traders and investors to exchange ideas and get information.
SOURCE Stock Investor Trading News |
