Thread here is the most aggressive stock price forecast I've seen yet on Dell. Does anyone know of this site's credibility?
"MARKETRADAR.com Announces Investment Opinion on Dell Computer Corporation December 23, 1999 12:24 PM
BAYSIDE, N.Y.--(BUSINESS WIRE)--Dec. 23, 1999-- On December 22, 1999, stock market internet newsletter, The Marketradar.com initiated coverage of Dell Computer Corporation with a buy recommendation. The issue, currently 49-3/4, was given an initial target of 70. The Market Radar, which launched it's website in December 1996, brings technically strong stocks about to 'break out', to traders attention for position traders.
"We saw indications that suggest Dell warrants aggressive attention on our site. The stock has been relatively dormant for some time now and recent performance indicates the reawakening of a market leader," said company spokesperson T. Evan Berkun.
"We look for indications based on technical analysis that a stock is coming to life before introducing it to our subscribers. The signs here are exactly what we look for."
The Market Radar continues to track its' recommendations and follow them up with protective stop levels and sells. The current portfolio which can be found at marketradar.com consists of: ADAP, AEM, ALHY, ALOY, AMCV, ASFT, ATHY, BVSN, CMCSK, CRUS, CSC, CSCO, CTCH, CYMI, DCLK, DCTI, DELL, DLTR, DT, EGLS, ELON, FATB, FCLX, FFTI, FSII, HEAR, HELX , INKT, INTW, JMED, LUCK, MESG, NSIL, NTCT, ORCL, PCNTF, SPLH, STAD, STAT, SYBS, TACT, TSATA, VRIO, VTSS, WEBS
In addition to weekly alerts issued on Saturday, www.marketradar.com fingers emerging trading issues via e-mail bulletins which are issued as conditions warrant. The site spells out the exact point of entry for an issue and lays out specific conditions needed to take place prior to entry. The site tracks its portfolio at least twice a week and adjusts protective stop levels accordingly.
Free 30 day on-line trial to the service is available. The Market Radar can be reached at marketradar.com or 1-800-365-5566 (or 718 423-0800).
CONTACT: MARKETRADAR.COM, Bayside, NY Howard Berkun, 718/423-0800 EMAIL: mktradar@aol.com
URL marketradar.com
12:10 EST DECEMBER 23, 1999
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