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All Press Releases for March 13, 2002 Subscribe to this News Feed    
 

StockTalkReport.com Announces Investment Opinion on RMBS, TWSTY, TLCV, RCCC, UAL and INTV.

Stock-picking website StockTalkReport.com (http://www.stocktalkreport.com) issues new ratings on RMBS, TWSTY, TLCV, RCCC, UAL and INTV.

Stock-picking website StockTalkReport.com (http://www.stocktalkreport.com), recently awarded the best pick of the week by independent stock-pick-monitoring site Tip Reporter (http://www.tipreporter.com) issues new ratings on RMBS, TWSTY, TLCV, RCCC, UAL and INTV...

1) RMBS,(Rambus, Inc., Semiconductors) - Long, Buy. Like other chip stocks, RMBS has shown strength in the past two weeks. Whether this sector will lead Tech out of its doldrums remains to be seen, but isolated short-term picks like Rambus are a solid bet. As for the technicals, RMBS could hit resistance around $8.90, but if it crosses that mark, tie down the rigging for clear sailing ahead. A close over $9 (the 200-day moving average) would make Rambus even more appealing. Short-term price target: $10.82 (+15%). Stop loss: $8.47(-10%).

2) TWSTY,(Telewest Commun Plc Ads, Broadcasting and Cable TV) -- Long, Strong Buy. Another stock that has been bloodied over the last several months from a high of around $9 to a recent all-time low below $2, TWSTY is now trading significantly below book value of near $8 per share and roughly 85% below its 52-week high of 21 ½. As an established UK company employing nearly 10,000, TWSTYs revenue growth is healthy, and we see the stock as a value at this level with little to no downside risk and significant upside potential. Again, this is a thinly traded security, and as such, volatility potential is high and liquidity may be of some concern. It is important to keep a stop in place, and to be mindful of volume trends. Morgan Stanleys recent "strong buy" upgrade has brought more visibility to the stock, and may prove a stimulant to trading volume in the near-term. Target Price: $5.80 (+104%). Stop Loss: $2.40 (-15%).

3) TLCV,(TLC Laser Eye Center, Healthcare) - Long, Buy. Laser-eye surgery stocks have begun to run-up over the last week, a sign pointing to a bright-spot growth area in a slumping economy (along with the DVD market). Clearly, TLCV is the market leader with almost double the number of laser-eye centers than LCA Vision Inc. TLCV also bought competitor LaserVision Centers in August. As for its trading patterns, TLCV has been consolidating since hitting a 52-week low of $1.75 in late September. The stock signaled an upward breakout on Wednesday, as its 13-day trend line crossed above the 50-day line. Short-term price target: $3.51 (+15%). Stop loss: $2.75 (-10%).

4) RCCC,(Rural Cellular, Communications Services) -- Long, Strong Buy. After more than a two-month decline that saw the share price fall from the mid-20s to near 3, RCCC flashed a reversal indicator on Feb. 25, igniting a trend that has continued, pushing the price back above 5 and clearing its 13-day MA. If the upward swing maintains, we see RCCC touching close to its 50-day MA before any real resistance kicks in. Another play in what we maintain to be the best sector at the current time for strong returns, we see Rural Cellular poised to return to double digits. There is an incredibly small public float in RCCC, with fewer than 4 million shares traded, so potential for volatility is high and liquidity may be of some concern. However, recent volume has been strong, so we would recommend keeping a close eye on daily trading volume and be wary if it begins to dry. Target price: $10.50 (+84%). Stop Loss: $4.80 (-16%).

5) UAL,(United Airlines, Transportation) - Long, Buy. UAL is the last stock many investors would buy, but that doesnt keep the nations second-largest air carrier from being undervalued. Yes, the airline has slashed 20% of its flights and has been losing money hand-over-fist since 9/11, but the labor problems with the mechanics have been resolved and UAL is working on a restructuring plan. There are still problems on the horizon for United (more labor problems, steep operating costs, lowered revenue, etc.), so wed recommend an exit around the $20 level. Also, the stock has notched five winning sessions over its last six on trading desks. Short-term price target: $20 (+16%). Stop loss: $1548. (-10%).

6) INTV,(Intervoice-Brite Inc., Communications Equipment) -- Long, Strong Buy. In mid-February, INTV was sold off to a four-year low after reducing its fourth-quarter outlook. However, the voice messaging systems stock based around $5 for nearly three weeks and on Thursday showed a reversal bar on its OHLC chart that took it to a close above its 13-day moving average, turning its MACD back above the trend line and its stochastic pointing higher. We view this event as significant, and anticipate the stock to trend up over the near-term. Target Price: $8.90 (+52%). Stop Loss: $5.20 (-11%).

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