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Schaeffer's S&P 500 Index Hot Stocks Features Symbol Technologies, Apple Computer, Sun Microsystems, Jefferson-Pilot, and Tiffany & Co.


CINCINNATI -- Among the stocks featured in the March 29 edition of Schaeffer's S&P 500 Index Hot Stocks are Symbol Technologies (NYSE NYSE

See: New York Stock Exchange
:SBL SBL Society of Biblical Literature
SBL Symbol Technologies, Inc. (NYSE symbol)
SBL Spamhaus Block List
SBL Space-Based Laser
SBL Securities Borrowing and Lending
SBL Supreme Beings of Leisure (band) 
), Apple (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
:AAPL AAPL Apple Computer, Inc. (stock symbol)
AAPL American Association of Professional Landmen
AAPL American Academy of Psychiatry and the Law
AAPL Advance Audiovisual Presentation Limited
AAPL Advocates for Arkansas Public Libraries
), Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982.  (NASDAQ:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA)
SUNW Stanford University Network Workstation (Sun Microsystems, Inc) 
), Jefferson-Pilot (NYSE:JP), and Tiffany & Co. (NYSE:TIF TIF Tagged Image File (file name extension)
TIF Tax Increment Financing
TIF Temporary Internet Files
TIF Transport Innovation Fund (UK)
TIF Telecommunications Infrastructure Fund
). 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=PRSHS12M&PAGE=1 .

Schaeffer's S&P 500 Index Hot Stocks for Wednesday, March 29, 2006:

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, we will provide a list of the day's top-20 performing stocks in the S&P 500 Index (SPX - 1,304.85) as well as the bottom-20 names. Featured along with this table will be news that is moving some of the securities.

NOTE: Stocks trading under $5 per share have been eliminated from this listing of the top-20 and bottom-20 performing stocks.

U.S. stocks increased this afternoon as the bond market righted itself after yesterday's Fed-inspired sell-off. Investors have confidence that the economy and corporate earnings can withstand a higher interest rate. The SPX is marching higher, thanks to 82 percent of its components landing on the positive side. If we can avoid a spate of selling in the final hour today, it certainly appears that the SPX is set to finish in positive territory.

More often than not, a company's ascent to the top of the hot stocks chart is accompanied by some kind of news, well that isn't the case today. Dig as I might, I can find no discernable news from Symbol Technologies (NYSE:SBL) other than a press release from yesterday. The release announces that SBL and Syclo (a global leader in mobile software solutions) were chosen to supply software solutions to Tube Lines Tube Lines Limited is a private company, responsible for the maintenance, renewal and upgrade of the infrastructure, including track, trains, signals, civil work and stations, on three London Underground lines.  Ltd., which is working in partnership with the London Underground. Frankly, I don't think that this news is the catalyst for today's five-percent jump, but I have been wrong before. Looking at a chart for SBL, it is entirely possible that the catalyst for the move was a rebound off the 11 level. The stock is poised to finish above its 10-day and 20-day moving averages for the first time since the middle of February, the reclamation of this support could make SBL a stock to keep your eye on.

One company that never leaves us hungry for news is Apple Computer (NASDAQ:AAPL). The company introduced a software upgrade that will set a maximum volume limit on its ubiquitous iPod and iPod Nano media players. The software is available as a free download from AAPL's website. The computer company made this move as it faces a class action lawsuit class action lawsuit

A lawsuit in which one party or a limited number of parties sue on behalf of a larger group to which the parties belong. For example, investors may bring a class action lawsuit against a brokerage firm that has actively promoted a tax
 claiming that iPods can cause hearing loss because of its headphone See headphones.  sound levels. AAPL has added more than five percent thus far today.

Finally, at least for the upside, we turn to Sun Microsystems (NASDAQ:SUNW). The company has increased more than five percent after Morgan Stanley upgraded it to "overweight" from "underweight Underweight

An situation where a portfolio does not hold a sufficient amount of securities to satisfy the accepted benchmark of the portfolio's asset allocation strategy.

Notes:
." The brokerage house attributed the move to a belief that cost-cutting efforts should help SUNW achieve consistent profitability.

On one of its final days in the SPX, Jefferson-Pilot (NYSE:JP) decided to make an appearance near the bottom of the list. JP will be replaced by Kimco Realty (KIM) after Monday's close, which is the day that Lincoln National Corp. (LNC LNC Legal Nurse Consultant
LNC Libertarian National Committee
LNC Low Noise Converter
LNC Lloyd Noble Center (University of Oklahoma, Norman campus)
LNC Local Node Clock
LNC Chief Legalman (Naval Rating) 
) is expected to close its $7.5-billion acquisition of JP.

Finally, we have Tiffany & Co. (NYSE:TIF). The retailer dropped more than three percent following its report of a fourth-quarter drop in profit along with its lower-than-expected, first-quarter forecast.

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=15667 .

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=15667 .

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=PRSHS12M&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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Geographic Code:1USA
Date:Mar 29, 2006
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