SHREVEPORT, La. , Feb. 11, 2005 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Merck & Co, Inc., Atmel Corporation, Tellabs Inc. and Lexar Media Inc.
STOCKPICKREPORT RATINGS:
Merck & Co, Inc. (NYSE:MRK) -- BUY http://www.stockpickreport.com/abrating.php?sym=MRK
Atmel Corporation (Nasdaq:ATML) -- SELL http://www.stockpickreport.com/abrating.php?sym=ATML
Tellabs Inc, (Nasdaq:TLAB) -- STRONG BUY http://www.stockpickreport.com/abrating.php?sym=TLAB
Lexar Media Inc. (Nasdaq:LEXR) -- WEAK SELL http://www.stockpickreport.com/abrating.php?sym=LEXR
Friday, February 11, 2005 StockPickReport Commentary
New Range for the S&P
We had our sites set on 1150 for the S&P 500 last month. The market dropped back to 1163, and it's been generally up since. When we look at a chart of the S&P now, we see that a 1180 is a stop/loss we'd use. In other words, if the market were to pull back and drop below 1180, that would be troubling to us.
The pressure looks more to the downside now, and so it would not surprise us a bit to see that market tested. If you have questions or comments, please email don@stockpickreport.com.
For More Commentary Go Here: http://www.stockpickreport.com
All commentary written by Don Harrold, Senior Analyst.
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If the links to our ratings above do not work, please use these:
Merck & Co Inc (NYSE:MRK) -- BUY http://www.bigtimenews.com/russell1000/MRK-Stock-Quotes-News-and-Research.php
Atmel Corporation (Nasdaq:ATML) -- SELL http://www.bigtimenews.com/russell1000/ATML-Stock-Quotes-News-and-Research.php
Tellabs Inc (Nasdaq:TLAB) -- STRONG BUY http://www.bigtimenews.com/russell1000/TLAB-Stock-Quotes-News-and-Research.php
Lexar Media Inc (Nasdaq:LEXR) -- WEAK SELL http://www.bigtimenews.com/russell1000/LEXR-Stock-Quotes-News-and-Research.php
Strike Friday is a registered Investment Advisor with the U.S. Securities Exchange Commission, IARD number 119079.