Featured Articles From S&P Personal Wealth.NEW YORK--(BUSINESS WIRE)--July 12, 1999-- Read the following articles exclusively at S&P Personal Wealth (http://www.personalwealth.com). Standard & Poor's is a division of the McGraw-Hill Companies: "Maintain Positive Approach" http://www.personalwealth.com/prn11 Standard & Poor's Chief Technical Analyst Mark Arbeter says the market usually does one of two things after a breakout as impressive as that seen recently. Either it comes down to test the prior high and then resumes its upward course or it just keeps marching ahead. So far, it's doing the latter. With that in mind, S&P doesn't recommend fighting the tape Fighting the Tape The action of placing a trade or trades that go against the ticker tape. Notes: Someone who is buying stocks while the overall market is falling is said to be fighting the tape. Many traders say that fighting the tape is a cardinal sin. . For now, stay with a bullish asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. of 60% stocks, 35% bonds and 5% reserves. The Outlook ?s Weekly Market Insight, provided by the editors of The Outlook, details S&P?s current overall investment strategies and recommends a course of action. "S&P Reiterates Avoid on A. Schulman Shares" http://www.personalwealth.com/prn04 S&P reiterated its 2 STARS (avoid) recommendation on shares of A Schulman (Nasdaq:SHLM). Analyst James Friendly says third quarter earnings per share of $0.36 were better than expected as increased plastics volume offset weakness in Euro currency and higher operating costs. But he notes that while SHLM is benefiting from modest resin price improvements, it is still adding personnel and expanding its infrastructure. He says given a weak plastic price outlook, SHLM could better support earnings by cutting costs. Word on the Street brings you comments every trading day from Wall Street's top equity analysts on stocks or industries that are moving significantly. "Disney to Combine Net Operations with Infoseek" http://www.personalwealth.com/prn03 Walt Disney Co. (NYSE NYSE See: New York Stock Exchange :DIS) announced that it will combine its Buena Vista Internet group with Infoseek Corp. (Nasdaq:SEEK) to create a single Internet business, go.com. Infoseek shareholders will receive 1.15 shares of a new class of stock created to track the performance of the combined operations per SEEK share. Other stocks featured in this morning?s MarketMovers include Red Roof Inns (NYSE:RRI RRI Radio Romania International RRI Raman Research Institute RRI Resource Renewal Institute RRI Robarts Research Institute RRI Research Reactor Institute RRI Renal Research Institute (USA) RRI Rights and Resources Initiative ), TSI Inc. (Nasdaq:TSII TSII Trojan Spirit II ), Inprise Corp. (Nasdaq:INPR INPR Institute for National Policy Research (Taipei, Taiwan) INPR Inventory Project Report INPR International Network on Personal Relationships ), WHX Corp. (NYSE:WHX), Whittman-Hart Inc. (Nasdaq:WHIT), UroCor Inc. (Nasdaq:UCOR UCOR Uniform Code of Operating Rules ), and Argosy Education Group (Nasdaq:ARGY). S&P Personal Wealth (www.personalwealth.com) is the award winning service created specifically for individual investors by Standard & Poor's. Investment management features include personalized portfolio recommendations; buy, sell, and hold alerts; free real-time quotes, live market commentary; and in-depth analysis and research on companies and funds from hundreds of Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index analysts worldwide. S&P Personal Wealth, recently described as "...easily the best one-stop shopping site for investors.." by Money.com, can also be reached through leading on-line service partners such as AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , Netscape, Lycos, Quicken / Excite, ABCNEWS.com, Hearst HomeArts, and Mindspring. |
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