Investing Advice for Lucent, iShares Russell 2000, Veritas, and Bank of America from StockPickReport


SHREVEPORT, La., May 25, 2005 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com - the web's only non-mainstream stock rating service), rates Lucent, iShares Russell 2000, VERITAS Software Corporation, Bank Of America Corp.

STOCKPICKREPORT RATINGS:


 Lucent (NYSE:LU) - STRONG SELL
 http://www.stockpickreport.com/abrating.php?sym=LU

 iShares Russell 2000 (AMEX:IWM) - WEAK BUY
 http://www.stockpickreport.com/abrating.php?sym=IWM

 VERITAS Software Corporation (Nasdaq:VRTS) - WEAK BUY
 http://www.stockpickreport.com/abrating.php?sym=VRTS

 Bank Of America Corp (NYSE:BAC) - STRONG SELL
 http://www.stockpickreport.com/abrating.php?sym=BAC

 Wednesday, May 25, 2005
 StockPickReport Commentary
 Neil Batho, Columnist

So gold stocks rallied today and all the gold stocks mentioned yesterday had some substantial one-day moves except Anglogold. Newmont was up 2.39%, Anglogold was up only 0.28%, but Placer Dome was up 3.91%, this being one of the most sold-off gold mining stocks. What does all this mean?

Nothing.

Sorry, I know it is anti-climactic. It's just that one-day moves really do mean nothing. The U.S. dollar has been strengthening for weeks, so gold them metal has been going down as well as gold stocks. This was a technical bounce, albeit a bounce that was easy to spot, and easy to make a trade out of. This may continue for a little longer, but it has yet to turn into a trend. We're speculators for catching this bottom and we'll hold on for now seeing as how gold stocks are one of the most oversold sectors. If you bought today, make sure your profit does not turn into a loss--that is a key to trading (speculating).

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WHAT THESE RATINGS MEAN:

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If the links to our ratings above do not work, please use these:


 Lucent (NYSE:LU) - STRONG SELL
 http://www.stockmonthly.com/LU-Stock-Research.php

 iShares Russell 2000 (AMEX:IWM) - WEAK BUY
 http://www.stockmonthly.com/IWM-Stock-Research.htm

 VERITAS Software Corporation (Nasdaq:VRTS) - WEAK BUY
 http://www.stockmonthly.com/VRTS-Stock-Research.php

 Bank Of America Corp. (NYSE:BAC) - STRONG SELL
 http://www.stockmonthly.com/BAC-Stock-Research.php


            

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