SHREVEPORT, La., May 24, 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: Weak Sell http://www.donharrold.net/ratings/US/NT.php Ebay Inc (Nasdaq:EBAY) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/EBAY.php Atmel Corp (Nasdaq:ATML) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/ATML.php Schlumberger Ltd (NYSE:SLB) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/SLB.php
Ebay Inc (Nasdaq:EBAY) closed recently at $30.05 with a volume of 221458 X 100. My current rating on EBAY is "Buy."
When I rate a stock "buy," it means that the momentum indicators I follow are in full swing. I see a "buy" stock as one that is usually already in the process of trending higher from previously oversold levels.
A "buy" rated stock is one that I would want to buy. I'd be more inclined to buy it than wait for it to drop lower before I considered picking up any shares.
This is a stock that would have -- most likely -- been rated "Strong Buy" sometime in the recent past. Now, I'm waiting to see technical indications that the time to sell is near. The next rating along that path is a "Weak sell."
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