BullTrade.com Announces Investment Opinions; Gives Special Members Special Gains.SANTA CLARA, Calif.--(BUSINESS WIRE)--April 26, 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 and 150% in February, March also provided subscribers with excellent results. In early March, BullTrade.com recommended buying Qwest Communications (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 :QWST) at $60. The rationale 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. The BullTrade Stock Alert opined that Qwest 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, a BullTrade.com Stock Alert recommended buying E-Trade (NASDAQ:EGRP EGRP E*Trade Group, Inc. (stock abbreviation, AMEX) ) at $48. In the stock alert, special members were told 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 AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ). It was mentioned in the alert 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 CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) Inc. (NASDAQ:CMGI) because of the pending Lycos (NASDAQ:LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. ) and USA Networks (NASDAQ:USAI USAI United States Army Intelligence USAI United States Association of Immigrants ) deal. The Stock Alert speculated that Lycos shares could rebound over $100 because shareholders would refuse a deal that valued Lycos under $120. Also, a spike in Yahoo (NASDAQ:YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) 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 PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) and CheckPoint Software (NASDAQ:CHKP CHKP Check Point Software Technologies Ltd. (stock abbreviation, AMEX) ). Given the lack of growth in the early portion of 1999, a BullTrade.com Stock Alert noted that Oracle (NASDAQ:ORCL) could have trouble meeting first quarter estimates and would not be able to meet estimates for the second quarter. 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 month's 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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