BullTrade.com Announces Investment Opinion: Stock Alerts Continue to Post Big Gains for Daytraders.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--March 31, 1999--The first quarter of 1999 has provided substantial gains for BullTrade.com (http://www.bulltrade.com) "special" membership subscribers. After gains ranging as high as 120% in January January: see month. and 150% in February February: see month. , March also provided subscribers with excellent results. In early March, BullTrade.com recommended buying Qwest Communications
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 :QWST) at $60. The rationale rationale (rash´  nal´),n the fundamental reasons used as the basis for a decision or action. was that the telecom sector was highly under-represented in the S&P 500, with stocks like Cisco (NASDAQ:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) and Lucent (NYSE NYSE See: New York Stock Exchange :LU) making up the majority of the telecom presence. BullTrade felt that Qwest (Qwest Communications International Inc., Denver, CO, www.qwest.com) A telecommunications company that offers services to telecom carriers, businesses and homes using an extensive fiber-optic network throughout the U.S. and Mexico. could be the next addition to the S&P 500. Within one week, Qwest hit $70 and continued to $76 shortly after that. Special membership subscribers were able to realize a 26% gain in less than two weeks. A few days after the Qwest alert, BullTrade.com recommended buying E
rade (NASDAQ:EGRP) at $48. In the stock alert, BullTrade.com
told special members that E*Trade had not yet participated in the
drastic upturn in the online brokerage stocks like Schwab (NYSE:SCH),
Merrill Lynch (NYSE:MER) and Ameritrade (NASDAQ:AMTD). According to
the BullTrade Newsletter, BullTrade.com mentioned that E*Trade's
server problems were actually a positive sign of increasing volume and
the stock should see a quick rise within the next day or two. Special
members were told to sell at $55 or above, which the stock hit two
days later allowing for a 15% gain.
The Internet sector has historically provided BullTrade.com
members with some of their biggest gains. Examples include a 106% gain
on InfoSeek (NASDAQ:SEEK) and a 30% gain on Excite (NASDAQ:XCIT) in
January alone. In mid-March, BullTrade.com issued a stock alert on
CMGI Inc. (NASDAQ:CMGI) because of the pending Lycos (NASDAQ:LCOS) and
USA Networks (NASDAQ:USAI) deal. According to the BullTrade
Newsletter, BullTrade felt that Lycos shares would rebound over $100
because shareholders would refuse a deal that valued Lycos under $120.
Also, BullTrade felt that a spike in Yahoo (NASDAQ:YHOO) shares would
also help CMGI's stock. Special members were told to buy at the $190
level and sell at a 10% to 15% gain. The following day, CMGI shares
reached a peak of $226.
BullTrade.com has closely followed the security and database
software companies like Peoplesoft (NASDAQ:PSFT) and CheckPoint
Software (NASDAQ:CHKP). Given the lack of growth in the early portion
of 1999, BullTrade.com felt that Oracle (NASDAQ:ORCL) would have
trouble meeting first quarter estimates and would not be able to meet
estimates for the second quarter, according to the BullTrade
Newsletter. Thus, prior to earnings being released, BullTrade.com
released a stock alert telling special members to short Oracle at $36
1/2 or above. The following day, after earnings were released, the
stock tumbled as low as $28 because of slowing revenue growth.
This "special" BullTrade (http://www.bulltrade.com) membership is
only an additional $80 over the regular membership price of $20/month.
The cost is minimal in comparison to the possible gains, as explained
by BullTrade.com `special' member Lionel Walker, "Within hours of
receiving my first Stock Alert, on the possible merger between America
Online (NYSE:AOL) and Netscape (NASDAQ:NSCP), I made enough money to
pay for your service ten times over. Thanks BullTrade!" Recently,
other BullTrade.com stock alerts have covered such companies as
Broadcast.com (NASDAQ:BCST), 3Com (NASDAQ:COMS), Network Associates
(NASDAQ:NETA), Amazon.com (NASDAQ:AMZN), Earthlink (NASDAQ:ELNK) and
Dell (NASDAQ:DELL).
BullTrade Corp. (http://www.bulltrade.com) provides investors
with a daily newsletter and financial forum. Members receive a
newsletter before each market session, via e-mail and on-site, that
outlines the current monthAEs trading portfolio, as well as views on
the current market conditions and issues that are relevant to
successful trading. The BullTrade newsletter is ideal for both
beginner and experienced investors, and is available for a very
affordable $20 per month.
For more information, visit the BullTrade web site at
http://www.bulltrade.com
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