Zacks.com Announces that Richard Rhodes Highlights the Following Stocks: Viacom, Kerr-McGee, Novell, Timberland, and Motorola.Business Editors CHICAGO--(BUSINESS WIRE)--May 28, 2004 A bottom of sorts has formed, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Richard Rhodes Richard Lee Rhodes (b. July 4, 1937) is an American journalist, historian, and author of both fiction and non-fiction (which he prefers to call "verity"), including the Pulitzer Prize-winning The Making of the Atomic Bomb (1986), and most recently, , but he warns that important resistance levels will soon be tested. Give your portfolio the best chance for a passing grade with this expert's market analysis and stock positions. Learn about Viacom Inc. (NYSE NYSE See: New York Stock Exchange :VIA), Kerr-McGee Corporation (NYSE:KMG KMG Kerr-McGee KMG Koi Mil Gaya (Hindi movie) KMG Kunming, China - Kunming (Airport Code) KMG Kent Messenger Group (UK) ), Novell, Inc. (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 :NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ), The Timberland Company (NYSE:TBL Tbl - 1. A language by M.E. Lesk for formatting tables, implemented as a preprocessor to nroff. ), and Motorola, Inc. (NYSE:MOT). 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: In terms of Wednesday's Price Action, we find most if not all of the indices moving modestly higher in a continuation of Tuesday's strong showing. In fact, Richard Rhodes and his team expect more of the same given the oversold Oversold In technical analysis, it is a market in which the volume of selling that has occurred is greater than the fundamentals justify. Notes: It is the opposite of overbought. condition of prices; but make no mistake about it - important resistance levels that were previously broken will soon be tested in several indices. This will be the first test of the newly minted bottom - will sellers emerge to send prices back towards the lows, or will a mere correction take place. At this point - Rhodes is unsure, but the fact remains a bottom of sorts has formed - prices are following through to the upside...and will defer towards this positive price action. Trading Positions The shares below are issues in which Rhodes and his team currently hold a position. Viacom Inc. (NYSE:VIA) is a diversified entertainment company with operations in six segments: Networks, Entertainment, Video, Parks, Publishing and Online. Kerr-McGee Corporation (NYSE:KMG) is engaged in two worldwide businesses: oil and gas exploration and production and the production and marketing of titanium dioxide pigment pigment, substance that imparts color to other materials. In paint, the pigment is a powdered substance which, when mixed in the liquid vehicle, imparts color to a painted surface. . StockWatch Waiting Room The shares below are issues Rhodes is interested in adding to his Trading Positions, but is 'waiting' for further appropriate technical evidence in order to trade with a high degree of confidence. Novell, Inc. (NASDAQ:NOVL) is a provider of network and Internet directory software and services. Novell Internet solutions make networks more manageable and secure, integrating the complete range of computer platforms, applications, services and devices, and they reduce the total cost of ownership for organizations of every kind and size. The Timberland Company (NYSE:TBL) designs, develops, engineers, markets and distributes, under the Timberland brand, premium-quality footwear products for men, women and children and apparel and accessories products for men and women. Motorola, Inc. (NYSE:MOT) is a global leader in providing integrated communications solutions and embedded Inserted into. See embedded system. electronic solutions. They manufacture telecommunication equipment and software for consumers, network operators, and commercial, government and industrial customers. Read Richard Rhodes' complete commentary, along with technical information on all of his Trading Positions and his Waiting Room stocks, 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. 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Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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