Schaeffer's S&P 500 Index Hot Stocks Features Siebel Systems, SunGard Data Systems, Veritas Software, Pulte Homes and the Apollo Group.CINCINNATI -- Among the stocks featured in the October 4 edition of Schaeffer's S&P 500 Index Hot Stocks are Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. (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 :SEBL SEBL Siebel Systems, Inc. (stock abbreviation, AMEX) ), SunGard Data Systems (NYSE NYSE See: New York Stock Exchange :SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ), Veritas Software Veritas Software Corp. was an international software company that was founded in 1983 as Tolerant Systems, renamed Veritas Software Corp. in 1989, and merged with Symantec in 2005. It was headquartered in Mountain View, California. (NASDAQ:VRTS VRTS Veritas Software (stock symbol) VRTS Verification Requirements Tracking System ), Pulte Homes Pulte Homes, Inc (NYSE: PHM) is a Bloomfield Hills, MI based company founded by Bill Pulte. Pulte is the third largest (by units) builder of homes and residential community developers in the United States according to Builder Magazine's"Builder 100", and is the nation's (NYSE:PHM), and the Apollo Group (NASDAQ:APOL APOL Asia Pacific Online APOL Alternate Person on Line ). Schaeffer's S&P 500 Index Hot Stocks is just one of the many free market commentaries written everyday at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. For additional information about this report or to have it delivered to you free via email every day click on the following link: http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSHS1M&PAGE=1. Schaeffer's S&P 500 Index Hot Stocks for Monday, October 4, 2004: A daily feature available on SchaeffersResearch.com is the "SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. Hot Stocks" column. Each afternoon immediately prior to the close, we will provide a list of the day's top-20 performing stocks in the S&P 500 Index (SPX - 1137.26) as well as the bottom-20 names. Featured along with this table will be news that is moving some of the shares. NOTE: Stocks trading under $5 per share have been eliminated from this listing of the top-20 and bottom-20 performing stocks. Siebel Systems (NASDAQ: SEBL) has gained more than 16 percent thus far today, thanks to two announcements. First, SEBL announced that it expects revenue of $315 million to $317 million in the third quarter, a jump of five percent over second-quarter results. This comes in higher than the $306.1 million expected by analysts. The software company also stated that it is "comfortable" with its fourth-quarter earning estimate; the Street sees earnings for that quarter to come in at $342 million. Furthermore, SEBL and Microsoft (MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) announced optimization of Siebel Business Analytics for MSFT products and technologies. This agreement will enhance performance for customers of both companies. SunGard Data Systems (NYSE: SDS) continued the momentum in the software sector. The company reported today that it is going to divide into two entities in order to spin off its disaster-recovery technology business. This move is expected to complete early next year when SunGard Availability Services will be made available to shareholders in a believed one-for-one share exchange. While SDS's stocks shot higher by slightly more than 13 percent, analysts were less than enthusiastic. SDS received a stock reiteration at "overweight" this afternoon, and also (according to the Dow Jones Newswire) had a Standard & Poor's rating of BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. + placed on CreditWatch with negative implications. Fellow software company, Veritas Software (NASDAQ: VRTS) also found itself climbing up the chart, recording an increase of more than six percent. Friday, Pulte Homes (NYSE: PHM) announced that it has received the first-ever National Housing Quality Gold Award. An honor that is available to all residential builders in the U.S. Judges look at how customer-focused quality factors into construction, business management, sales, design, and warranty service. Of course, this sent PHM to a four-week low today, hitting the 59.7 level. Seemingly this decline can be attributed to weakness in the housing sector, as KB Homes (KBH KBH København (Danish: Copenhagen) KBH Katonai Biztonsági Hivatal (Military Security Office, Hungary; since 1989) KBH Kicked By Horse KBH Ka'anpali Beach Hotel (Maui, HI) ) has also found its way toward the bottom of the hot stocks list. To round out companies found on the hot stocks list, we find Apollo Group (NASDAQ: APOL). Tomorrow, the for-profit educational company is expected to announce fiscal 2004 results. Earlier this year, the company announced that it was expecting earnings of $2.40 per share with $2.3 billion in revenue. Today, the higher education provider was reiterated at "underperform" by Barrington Research. Click the following link to see a Chart of the SPX 500 Index's Top 20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=11321. Click the following link to see a Chart of the SPX 500 Index's Top 20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=11321. Take advantage of the timely Schaeffer commentaries by signing up for their free e-newsletters -- Opening View, Market Recap and Monday Morning Outlook. Click here to have the Schaeffer's commentaries delivered to you free via email every day: http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSHS1M&PAGE=1. About Schaeffer's Investment Research (www.SchaeffersResearch.com) Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com, is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method. |
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