WESTON, Fla., July 30, 2002 (PRIMEZONE) --
Pacel Corp. (OTCBB:PCEL) up 60% to $0.012 on 19.9 million shares traded.
i2 Technologies Inc. (Nasdaq:ITWO) up 23% to $1.15 on 10.1 million shares traded.
Atmel Corporation (Nasdaq:ATML) up 16% to $2.96 on 10.3 million shares traded.
Cisco Systems Inc. (Nasdaq:CSCO) up 12% to $13.31 on 93.5 million shares traded.
Comcast Corporation (Nasdaq:CMCSK) up 11% to $20.60 on 12.9 million shares traded.
WSNA Market Commentary
"Stocks began yesterday in the plus column and held strong gains throughout the day as traders, investors and money-managers all began to buy. With help from last weeks rebound, and tempted and seduced by some 52-week lows (or less) on many stocks, many investors jumped back into the market place yesterday. Market volumes were way up as the broad-based rally lifted all sectors, like a huge tidal wave, especially financial, auto and telecommunications sectors. People believe that the sell-off went too far. `There is a ton of cash on the sidelines and people are willing to bottom-fish,' were some of the comments heard from money managers and institutional traders yesterday," stated Sonja Rudd in WSNA's market commentary. For the complete story, visit http://www.WallStreetNewsAlert.com.
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