SHREVEPORT, La., May 21, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Sirius Satellite Radio (Nasdaq:SIRI), Ciena Corporation (Nasdaq:CIEN), ConocoPhillips (NYSE:COP), and Symantec Corp (Nasdaq:SYMC)
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:
Sirius Satellite Radio (Nasdaq:SIRI) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/SIRI.php Ciena Corporation (Nasdaq:CIEN) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/CIEN.php ConocoPhillips (NYSE:COP) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/COP.php Symantec Corp (Nasdaq:SYMC) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/SYMC.php
My rating is for the Short Term. My rating is not meant to reflect a long-term investment strategy. I do not comment here on whether Symantec is a "good company" or whether SYMC will be a good long-term investment. This rating is for investors or traders looking for Short-Term guidance on entry and exit positions. I do not own SYMC and I have no short positions. I do not guarantee that SYMC will go down. This rating is simply my opinion based on the time-tested indicators of Stochastics and Relative Strength.
This is a stock that would have -- most likely -- been rated "Strong Sell" sometime in the recent past. Now, I'm waiting to see technical indications that the time to buy is near.
Daily charts indicate weakness and weekly charts indicate strength. That is why this rating is for the very short term.
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