SANTA CLARA, Calif., Feb. 28, 2000 (PRIMEZONE) -- The BullTrade.com special membership provides "Stock Alerts" that have provided impressive returns in 1999. Ron Huff, a long time BullTrade.com special member, aptly describes the service as the "best trading information you can get for only $100 per month. One trade can easily pay for a year's membership several times over." Ron Huff is one of the many BullTrade.com (http://www.bulltrade.com) special subscribers that have realized gains as high as 400% on single trades in 1999.
1999 started off with a 120% gain on Data Broadcasting (Nasdaq:DBCC) when the stock was recommended at $19 because of the partnership with CBS (NYSE:CBS) in the IPO of Marketwatch.com (Nasdaq:MKTW). Several days later, the stock reached a high of $46, at which point BullTrade.com recommended shorting the stock due to the high valuation, which again resulted in a 120% gain.
Also in January, BullTrade.com felt the computer sector, which includes stock like Compaq (NYSE:CPQ), Apple (Nasdaq:AAPL) and Gateway (NYSE:GTW), would decline from the lofty revenues seen in late 1998. BullTrade.com recommended shorting Dell (Nasdaq:DELL) at $95 and set a near-term price target of $80 at which to cover. On the day that earnings were released, Dell's stock fell as low as $78, allowing special members to cash in on a 20% gain.
In February, BullTrade.com predicted the rise of the online brokerage stocks like E*Trade (Nasdaq:EGRP), Ameritrade(Nasdaq:AMTD) and Schwab (NYSE:SCH). Believing that J.B. Oxford (Nasdaq:JBOH) would be the next to run,BullTrade.com recommended buying the stock at $10-$12 and told subscribers to be prepared to sell in the 20's. The following day, J.B. Oxford rose as high as $25.75, allowing for a 150% gain.
In March, Internet stocks provided the big gains. Due to the faltering Lycos (Nasdaq:LCOS) and USA Networks(Nasdaq:USAI) deal in addition to a spike in Yahoo (NASDAQ:YHOO) shares, BullTrade.com felt Internet stocks would run and recommended buying CMGI (Nasdaq:CMGI) at $190. The following day, CMGI shares reached a peak of $226.
In April, special subscribers realized gains that averaged between 10% and 20% on Broadvision (Nasdaq:BVSN), Netspeak(Nasdaq:NSPK) and Autoweb (Nasdaq:AWEB).
In early May, BullTrade.com recommended buying Raychem at $26 because of a possible buyout by Allied Signal (NYSE:ALD). Within days, the buyout rumors were confirmed when Tyco (NYSE:TYC) announced it would buy Raychem for $37 per share. Special subscribers realized a quick 42% gain.
Also in May, BullTrade.com recommended buying Skytel as rumors of a buyout by MCI-Worldcom (Nasdaq:WCOM)circulated. BullTrade.com felt a buyout was likely given the competition from AT&T (NYSE:T), Bell South (NYSE:BLS), Sprint (NYSE:FON) and GTE (NYSE:GTE). Only days later, the merger was announced.
In June, BullTrade.com recommended buying Honeywell (NYSE:HON) just over $100 because of a possible merger with Allied Signal. The following Monday, the merger was announced and subscribers realized a 15% gain. Later in the month, BullTrade.com recommended buying Sequent under $14 due to a possible buyout by IBM (NYSE:IBM). Once again, shortly thereafter, the merger was announced.
About BullTrade.com:
The BullTrade newsletter is ideal for both beginner and experienced investors, and is available for a very affordable $20 per month. The special membership described above includes the regular newsletter as well as alerts for $100 per month.
For more information, visit the BullTrade web site at http://www.bulltrade.com.