Schaeffer's Upon Further Review Highlights the Following Stocks: Dell, General Motors, Provident Financial Holdings.

CINCINNATI -- Today's "Upon Further Review" from Schaeffer's Investment Research focuses on Dell (NASDAQ:DELL), General Motors (NYSE:GM), Provident Financial Holdings (NASDAQ:PROV). "Upon Further Review" is a report that analyzes newsworthy stocks that are generating a lot of attention on Wall Street. "Upon Further Review" is published on www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research.

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=PRSC12M&PAGE=1 .

Upon Further Review:

Dell: The shares of Dell (NASDAQ:DELL) received a nice boost this morning, after Citigroup upgraded the company from "hold" to "buy." The security is bouncing back following Friday's sell-off of almost 10 percent and has reclaimed support at the 20 level. In fact, after losing more than 36 percent since the start of the year, the equity appears to have some room to run higher before encountering staunch resistance. The stock's declining 10-day and 20-day moving averages currently rest near 23, giving the shares room to climb roughly 12 percent. Meanwhile, DELL's 10-week trendline resides at 23.50, giving the security a 14-percent window in which to advance. However, with sentiment toward the shares still near an optimistic extreme, any gains the stock manages to lock in are likely to be short term.

Click the following link to see a Weekly Chart of DELL since July 2006 with 10-Week Moving Average: http://www.schaeffersresearch.com/wire?ID=16475 .

General Motors: General Motors (NYSE:GM) continues to hammer against round-number resistance at the 30 level. Since tagging a low in April, the equity has driven more than 55 percent higher, enjoying the occasional support of its ascending 10-day and 20-day moving averages. Furthermore, the security has climbed along the steadfast support of its 10-week trendline since mid-April. However, the 30 region has troubled the shares since they gapped higher on June 30. Investors will want to keep a close watch on the 30 level, as a breach of this region as GM ramps higher on support could indicate that the shares still have some impressive buy pressure to offer support.

Click the following link to see a Daily Chart of GM since April 2006 with 10-Day and 20-Day Moving Averages: http://www.schaeffersresearch.com/wire?ID=16475 .

Provident Financial Holdings: This morning, Provident Financial Holdings (NASDAQ:PROV) announced that fourth-quarter earnings fell to $3.8 million, or 56 cents a share, from $4.8 million, or 68 cents a share. Net interest income before loan loss provisions fell two percent and non-interest income dropped 28 percent. Apparently, investors didn't mind the drop in earnings as the shares have climbed roughly 0.6 percent this afternoon. However, the shares remain in contention with resistance in the 29.90-to-30.50 region. In fact, this area has capped the stock's rally attempts since October 2004. If an earnings announcement can't dislodge a range-bound equity, it's likely to remain there. In fact, the stock may drop back to test former support in the 27.50 region again.

Click the following link to see a Weekly Chart of PROV since October 2003: http://www.schaeffersresearch.com/wire?ID=16475 .

The best way to take advantage of the timely Schaeffer commentaries is to sign up to receive 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=PRSC12M&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 .