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Zacks.com Announces That Tim Murray Highlights the Following Stocks: Intel, Energy Partners, Art Technology Group, Biosite, and CBRL Group.


Business Editors

CHICAGO--(BUSINESS WIRE)--March 3, 2004

Will the Dow and S&P 500 breakout to new highs? Or was Monday's rally just an aberration? Tim Murray Timothy P. Murray (born 1968), better known as Tim Murray, is the current Lieutenant Governor of Massachusetts, U.S.. Prior to his service as Lieutenant Governor, Murray served as Mayor of Worcester, Massachusetts.  expects an interesting week as we look for the answers to these questions, so be prepared with his market commentary and stock analysis. Read about Intel (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
:INTC INTC Intel (NASDAQ symbol)
INTC Intercept
INTC Interrupt Controller
), Energy Partners (NYSE NYSE

See: New York Stock Exchange
:EPL 1. EPL - Early PL/I.
2. EPL - Experimental Programming Language.
3. EPL - Eden Programming Language. U Washington. Based on Concurrent Euclid and used with the Eden distributed OS. Influenced Emerald and Distributed Smalltalk.
), Art Technology Group (NASDAQ:ARTG ARTG Australian Register of Therapeutic Goods ), Biosite, Inc. (NASDAQ:BSTE), and CBRL CBRL CBRL Group, Inc (stock symbol)
CBRL Council for British Research in the Levant (UK) 
 Group, Inc. (NASDAQ:CBRL). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Here are the highlights from the Featured Expert column:

Briar briar: see brier.  Patch Stock Market Daily Update from March 1

The afternoon rally got here a little early and was over an hour before the close, giving way to a sideways to down drift for the last hour. At the moment, Tim Murray is going to call Monday's rally a first of the month thing; the assumption is that it will fizzle out Verb 1. fizzle out - end weakly; "The music just petered out--there was no proper ending"
fizzle, peter out, taper off

discontinue - come to or be at an end; "the support from our sponsoring agency will discontinue after March 31"

 shortly. That might be, but since the Dow and S&P-500 are right up against their February highs, Murray would be careful the next few days because these could breakout to new highs.

Intel (NASDAQ:INTC) was an interesting situation Monday. Before the opening, the brokerage firm J.P. Morgan downgraded the stock from buy to neutral because channel check have suggested that bookings have been soft, particularly in the chips for notebooks. Instead of knocking the stock for a loop, it was down about $.40 and rallied back; by early afternoon, it broke up for a little rally. Keep an eye on it this week.

Murray had across the board gains in his long positions with no news from any of the companies. Energy Partners (NYSE:EPL) traded very well and is bouncing against the mid-February high; it is important to see it get over $14.25. Art Technology Group (NASDAQ:ARTG) shattered its down-drift on good volume; getting above $1.65 would greatly improve the chart.

Other stocks in the Briar Patch Stock Market Letter Portfolio include:

Biosite, Inc. (NASDAQ:BSTE) is a research-based company dedicated to the discovery and development of novel protein-based diagnostic tests that improve a physician's ability to diagnosis debilitating de·bil·i·tat·ing
adj.
Causing a loss of strength or energy.


Debilitating
Weakening, or reducing the strength of.

Mentioned in: Stress Reduction
 and life-threatening diseases.

CBRL Group, Inc. (NASDAQ:CBRL) is a holding company that, through certain subsidiaries, is engaged in the operation and development of the Cracker Barrel This article is about the restaurant-and-store chain. For the unrelated company marketing cheeses bearing the "Cracker Barrel" trademark, see Kraft Foods.

Cracker Barrel Old Country Store, Inc.
 Old Country Store(R) and Logan's Roadhouse(R) restaurant and retail concepts.

Get Tim Murray's market analysis on a daily basis, and don't forget to view all of the stocks in his Briar Patch portfolio by clicking: http://at.zacks.com/?id=85

About Zacks Featured Experts

To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
 has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc.

Recommendations from Featured Experts Highlighted in FREE Investment Newsletter

The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail newsletter. Get your free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://at.zacks.com/?id=87

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 3, 2004
Words:747
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