SHREVEPORT, La., May 18, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Nortel Networks Holding (NYSE:NT), Ebay Inc (Nasdaq:EBAY), Atmel Corp (Nasdaq:ATML), and Schlumberger Ltd (NYSE:SLB).
DonHarrold.net provides unbiased stock ratings from registered investment advisors. DonHarrold.net issues daily market commentary and features a member's area with detailed information on widely held stocks.
Important Stock rating Changes:
Nortel Networks Holding (NYSE:NT) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=NT Ebay Inc (Nasdaq:EBAY) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/EBAY.php Atmel Corp (Nasdaq:ATML) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/ATML.php Schlumberger Ltd (NYSE:SLB) DonHarrold.Net Rating: Weak Sell http://www.stockpickreport.com/abrating.php?sym=SLB
My research suggests NT's price will move lower than the "open price" the day this rating was initiated.
This analysis is based on short-term stochastic and "relative strength" indicators.
With my "Sell" rating, stochastic and "relative strength" numbers may agree, but not in all cases.
Investors, traders, and other market participants may find this a good opportunity to sell NT, "sell calls," or "buy puts."
This may also be an opportunity to lower targets and raise stop/losses to protect capital.
Trading volume seems to be falling and NT's closing price moved down during the week before this rating was initiated.
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