WESTON, Fla., July 10, 2002 (PRIMEZONE) -- TheSUBWAY.com's midday report announces the following stock picks for the short-term investor: (More is available at http://www.thesubway.com.)
eBay Inc. (Nasdaq:EBAY): Mid-term ATTRACTIVE, up 5% on 7 million shares after announcing it will acquire PayPal.
Ligand Pharmaceuticals (Nasdaq:LGND): Market UNDERPERFORM, down 32% on 4 million shares after updating AVINZA Launch progress.
Zoran Corporation (Nasdaq:ZRAN): Short-term ATTRACTIVE, down 22% on 4 million shares after announcing new Integrated DVD System-On-A-Chip Solution.
InterNAP Network Services (Nasdaq:INAP): Market OUTPERFORM, up 19% on 1.8 million shares after Q2 Earnings Release information.
Semtech Corporation (Nasdaq:SMTC), Market OUTPERFORM, down 12% on 1.8 million shares after recent buyback announcement.
About TheSUBWAY.com's Ratings:
The aforementioned stocks are rated using TheSUBWAY.com's proprietary system of technical analysis, indicating a stock's expected PRICE movement compared to the S&P 500 over the near-term. These ratings are not indicative of a "long term" view of any of the companies listed.
About TheSUBWAY.com:
TheSUBWAY.com, a leader in corporate communications and finance, provides all investors with a wide-ranging set of financial tools, including original stock market commentary, stock quotes, interactive charts, portfolio watch, live chat and message boards, etc., plus the latest news, press releases, investment opinions and research reports for all companies highlighted on the site. For more daily commentary, go to http://www.thesubway.com/sub_comm.asp.
All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.TheSUBWAY.com or mentioned herein. CRG has not been compensated by any of the companies mentioned in this opinion, nor does CRG own any securities in the companies mentioned. Market commentary provided by Peter Antipatis, CRD number 2955420. Each investor must make investment decisions based on his or her judgment of the market.