14.0% Average Gain for Top Five NYSE Stocks Covered by EquityAlert.com.BURNABY, British Columbia--(BUSINESS WIRE)--June 10, 1999-- During the trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. of June 9, 1999, subscribers to EquityAlert.com, America's fastest growing and free online trader exclusive community, received coverage on over 159 different companies with percentage moves as high as 48.3%. The average gain of the top five stocks covered by EquityAlert.com on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. was 14.0% EquityAlert.com offers the experienced trader a broad suite of free trading tools, including quotes, sophisticated trading screens, customizable interactive intra-day trading charts, a peer group consensus of the best upcoming trading opportunities, and EquityAlert.com's proprietary, "real time" commentary of the reasons behind the biggest movers of the day -- while they're happening -- allowing accomplished investors to take advantage of hourly and daily trading momentum. During the trading day of June 9, active subscribers to EquityAlert.com received "real time" proprietary commentary and information on the following top five NYSE NYSE See: New York Stock Exchange issues while they were in motion: Applied Magnetics Corporation (NYSE:APM (Advanced Power Management) A programming interface (API) from Intel and Microsoft for battery-powered computers that lets programs communicate power requirements to slow down and speed up components. See ACPI. APM - Advanced Power Management ) -- Applied Magnetics Corporation is an independent supplier of magnetic recording heads and of head stack assemblies for disk drives. For the three months ended 1/2/99, net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight decreased 68% to $23.5 million. Net loss increased 15% to $45.6 million. In the past 12 months, Applied Magnetics has seen a low of $2.4375 and a high of $9.75. Applied Magnetics shares trade at a beta of 2.25 with a daily average volume of 342,500. Cypress Semiconductor Corp (NYSE:CY) -- Cypress Semiconductor designs, develops, manufactures and markets digital and mixed-signal integrated circuits for a wide range of markets, including telecommunications, computers, data communications, and instrumentation systems. In the past 12 months, Cypress Semiconductor has seen a low of $5.50 and a high of $12.9375. Cypress Semiconductor shares trade at a beta of 1.26 with a daily average volume of 678,000 shares.. Micron Technology, Inc. (NYSE:MU) -- Micron Technology, Inc., announced the shipment of 128 Meg and 144 Meg RDRAM (Rambus DRAM) Pronounced "r-d-ram." A dynamic RAM chip technology from Rambus, Inc., Los Altos, CA (www.rambus.com). Rambus licensed its memory designs to semiconductor companies, which manufactured the chips. (r) (Rambus(r) DRAM) samples to Intel Corporation. These components are intended to support 600MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. , 712MHz, and 800MHz speed grades. Micron Technology Inc. designs, develops, manufactures, and markets semiconductor memory products, personal computers and custom complex printed circuit boards, memory module and system level assemblies. For the six months ended 3/4/99, sales rose 6% to $1.82 billion. Net loss fell 47% to $23.7 million. In the past 12 months, Micron Technology has seen a low of $20.0625 and a high of $805625.Micron Technology shares trade at a beta of 2.09 with a daily average volume of 4,970,000. Richfood Holdings Inc. (NYSE:RFH RFH Royal Festival Hall (London, UK) RFH Royal Free Hospital (UK) RFH Request for Help RFH Rumson Fair Haven Regional High School RFH Radio from Hell ) -- Richfood Holdings Inc. reported that it is in negotiations for the possible sale of the company. The terms of the discussions provide for consideration of $18.50 per share of RFH common stock, which would be paid with a mix of cash and common stock of the acquirer. Richfood Holdings Inc., sells a wide variety of groceries, frozen foods, meats, produce, dairy products, bakery, delicatessen and non-food items to retail supermarkets. For the 36 weeks ended 1/9/99, revenues rose 25% to $2.76B. Net income rose 1% to $47.8M. In the past 12 months, Richfood has seen a low of $11.50 and a high of $27.875. Richfood shares trade at a beta of 0.62 with a daily average volume of 305,545. STMicroelectronics NV (NYSE:STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. ) -- Morgan Stanley Dean Witter analyst Mark Edelstone said that he raised his rating of European semiconductor company STMicroelectronics to outperform, and raised its price target to $160 from $130. STMicroelectronics N.V. is a global independent limited liability semiconductor company that designs, develops, manufactures & markets a broad range of semiconductor integrated circuits & discrete devices used in a wide variety of microelectronic applications. For the nine months ended 10/3/98, revenues rose 7% to $3.12B. Net income rose 3% to $289.4M. In the past 12 months, STM has seen a low of $35.875 and a high of $128. STM shares trade at a beta of 1.60 with a daily average volume of 290,000. ABOUT EQUITYALERT.COM EquityAlert.com, a wholly owned online asset of TraderAlert.com, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:TTOP TTOP Targa Top ), was developed exclusively for sophisticated, active online investors. Subscribers to EquityAlert.com's FREE service enjoy a broad suite of trading tools, including quotes, sophisticated trading screens, customizable interactive intra-day trading charts, a peer group consensus of the best upcoming trading opportunities, and EquityAlert.com's proprietary, "real time" commentary of the reasons behind the biggest movers of the day -- while they're happening -- allowing accomplished investors to take advantage of hourly and daily and trading momentum. Experienced traders are able to search EquityAlert.com's exclusive archived database of the top moving stocks on the NYSE, NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on (NMS See NetWare Management System. , Small Cap and OTC BB), AMEX AMEX See: American Stock Exchange and test their own unique trading theories, develop new strategies or create private trading screens. Active traders can also hone their trading skills against the best traders in the business by entering EquityAlert.com's weekly Trader's Challenge. Each week $1000 will be paid to the trader with the best performing portfolio and $2000 to the individual who referred the weekly winner to EquityAlert.com's Trader's Challenge. For additional information or to become a FREE subscriber to EquityAlert.com, please contact Chloe Jackson at 604/659-5009 visit our website at http://www.equityalert.com . This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and section 21E of the Exchange Act of 1934 and is subject to safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by these sections. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its services and future customer acceptance for these services. |
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