Stock Market Ratings by StockPickReport.com for Yahoo!, Merck, Millennium Pharmaceuticals, Alcoa and Ishares Msci Japan.

Business Editors

SHREVEPORT, La.--(BUSINESS WIRE)--June 10, 2003

StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw) makes these short-term stock recommendations:

Yahoo! (NASDAQ:YHOO) - SELL - http://pr.stockpickreport.com/YHOO.htm

Merck (NYSE:MRK) - BUY - http://pr.stockpickreport.com/MRK.htm

Millennium Pharmaceuticals (NASDAQ:MLNM) - SELL - http://pr.stockpickreport.com/MLNM.htm

Alcoa (NYSE:AA) - STRONG SELL - http://pr.stockpickreport.com/AA.htm

Ishares Msci Japan (NYSE:EWJ) - WEAK BUY - http://pr.stockpickreport.com/EWJ.htm

Yahoo! (NASDAQ:YHOO)

StockPickReport.Com Rating: SELL

http://pr.stockpickreport.com/YHOO.htm

Yahoo! provides Internet products and services to consumers and businesses worldwide.

YHOO investors might want to note that YHOO's end-of-day price fell to lower ground over the week-over-week period. The short-term bias

for the stock's daily volume looks like it's on the decline. Finally, short-term stochastics reflect levels commonly associated with a move lower.

Our research indicates probable downside for YHOO from current prices. YHOO could see losses from here but those losses may not be striking on a percent basis.

For clarification on how we rate YHOO a SELL, please visit:http://pr.stockpickreport.com/YHOO.htm.

Merck (NYSE:MRK)

StockPickReport.Com Rating: BUY

http://pr.stockpickreport.com/MRK.htm

Merck discovers, develops, manufactures and markets a broad range of human and animal health products.

Based on short-term stochastics, we believe the stock will be moving higher. Meanwhile, the bias has been higher for the stock lately. Subsequently, trading volume looks like it's getting weaker.

Our research indicates probable upside for MRK from current prices. MRK could see gains from here but those gains may not be striking on a percent basis compared to a stock with a Strong Buy rating.

For clarification on how we rate MRK a BUY, please visit:http://pr.stockpickreport.com/MRK.htm.

Millennium Pharmaceuticals (NASDAQ:MLNM)

StockPickReport.Com Rating: SELL

http://pr.stockpickreport.com/MLNM.htm

Millennium Pharmaceuticals discovers and develops proprietary therapeutic and diagnostic human healthcare products and services.

Short-term stochastics reflect levels commonly associated with a move lower. Also, the trend has been to the downside for MLNM in the last week or so. In conclusion, trading volume is picking up.

Our research indicates probable downside for MLNM from current prices. MLNM could see losses from here but those losses may not be striking on a percent basis.

For clarification on how we rate MLNM a SELL, please visit:http://pr.stockpickreport.com/MLNM.htm.

Alcoa (NYSE:AA)

StockPickReport.Com Rating: STRONG SELL

http://pr.stockpickreport.com/AA.htm

Alcoa produces aluminum products.

Technical analysis on AA's oscillating stochastic figure leads our researchers to predict that a fall below current prices. Next, investors might want to take note that AA's closing price edged lower in the week-over-week period. Lastly, the short-term direction seems to be moving down for AA's share volume.

Our research indicates significant downside ahead for AA. We believe stop/losses should be raised in an attempt to preserve capital.

For clarification on how we rate AA a STRONG SELL, please visit:http://pr.stockpickreport.com/AA.htm.

Ishares Msci Japan (NYSE:EWJ)

StockPickReport.Com Rating: WEAK BUY

http://pr.stockpickreport.com/EWJ.htm

No company overview available.

The short-term trend appears to be on the way up for the stock's daily volume. And, near-term stochastic signals argue that the prevailing trade range will shift course over the coming trading days. Finally, investors should take note that the stock's closing price trended higher in the last week or so.

Our research indicates possible upside from current prices for EWJ. However, we do not advise the initiation of new long positions at these prices. Profit-taking may be ahead for EWJ.

For clarification on how we rate EWJ a WEAK BUY, please visit:http://pr.stockpickreport.com/EWJ.htm.

WHAT THESE RATINGS MEAN:

StockPickReport.Com ranks stocks with a proprietary unbiased system of technical analysis. These ratings do not indicate a "long term" view of any company listed. These are ratings that reflect our opinion of a stock's potential price movement over the next five to ten trading sessions. The stock ratings range from +10 (which indicates our view that a stock has a great chance to move higher) to -10 (which indicates our belief that a stock has a great chance to move lower). These ratings may change based on daily market conditions.

ABOUT STOCKPICKREPORT.COM:

StockPickReport.Com is a stock research firm. Our daily commentary has regular, worldwide distribution. We are Registered Investment Advisors. We do not accept third-party compensation to make stock suggestions. We do not own shares of any stock we rate.

Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.

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