Stock Market Ratings by StockPickReport.com for QUALCOMM, KLA-Tencor, PMC-Sierra, Electronic Data Systems, General Motors
SHREVEPORT, La.--May 12, 2003--StockPickReport.Com (IARD#119079 - http://www.stockpickreport.com/?src=bw ) makes these short-term stock recommendations:QUALCOMM - SELL - http://pr.stockpickreport.com/QCOM.htm
KLA-Tencor - SELL - http://pr.stockpickreport.com/KLAC.htm
PMC-Sierra - STRONG SELL - http://pr.stockpickreport.com/PMCS.htm
Electronic Data Systems - SELL - http://pr.stockpickreport.com/EDS.htm
General Motors Corp - STRONG SELL - http://pr.stockpickreport.com/GMH.htm
QUALCOMM
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/QCOM.htm
QUALCOMM develops, designs, manufactures and markets digital wireless telecommunications products and services based on the code division multiple access (cdma) technology.
The stock's price fell lower over the last week or so. Likewise, QCOM's volume seems to be picking up. QCOM will, most likely maintain the prevailing trade channel as suggested by near-term oscillating stochastic signals.
Our research indicates probable downside for QCOM from current prices. QCOM could see losses from here but those losses may not be striking on a percent basis.
For clarification on how we rate QCOM a SELL, please visit: http://pr.stockpickreport.com/QCOM.htm.
KLA-Tencor
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/KLAC.htm
KLA-Tencor designs, manufactures, markets and provides yield management solutions and process monitoring systems for the semiconductor and microelectronics industries.
Recent oscillating stochastic readings propose that KLAC's price should move to lower levels. Next, the bias has been to higher ground for the stock of late. Trading volume is on the decline.
Our research indicates probable downside for KLAC from current prices. KLAC could see losses from here but those losses may not be striking on a percent basis.
For clarification on how we rate KLAC a SELL, please visit: http://pr.stockpickreport.com/KLAC.htm.
PMC-Sierra
StockPickReport.Com Rating: STRONG SELL
http://pr.stockpickreport.com/PMCS.htm
PMC-Sierra designs, develops, markets and supports high-performance semiconductor networking solutions.
Our technical analysts anticipate PMCS will step to lower levels based on PMCS's new short-term stochastic chart. Next, PMCS's end-of-day price trended higher over the last week or so. Subsequently, the recent bias for the stock's share volume seems to be losing momentum.
Our research indicates significant downside ahead for PMCS. We believe stop/losses should be raised in an attempt to preserve capital.
For clarification on how we rate PMCS a STRONG SELL, please visit: http://pr.stockpickreport.com/PMCS.htm.
Electronic Data Systems
StockPickReport.Com Rating: SELL
http://pr.stockpickreport.com/EDS.htm
Electronic Data Systems provides information technology solutions and related services.
EDS's closing price fell to lower ground in the last week. The short-term trend for the stock's share volume looks to be picking up. Subsequently, stochastic figures propose that the stock price should maintain its current trend over the near-term.
Our research indicates probable downside for EDS from current prices. EDS could see losses from here but those losses may not be striking on a percent basis.
For clarification on how we rate EDS a SELL, please visit: http://pr.stockpickreport.com/EDS.htm.
General Motors Corp
StockPickReport.Com Rating: STRONG SELL
http://pr.stockpickreport.com/GMH.htm
General Motors Corporation provides automotive-related products and services by primarily designing, manufacturing and marketing vehicles, as well as providing communications services and financial services.
Our researchers anticipate the stock should move lower in accordance with GMH's most current near-term stochastic reading. The stock's price moved to higher ground for GMH over the last week or so. Finally, the near-term direction for GMH's daily volume is on the decline.
Our research indicates significant downside ahead for GMH. We believe stop/losses should be raised in an attempt to preserve capital.
For clarification on how we rate GMH a STRONG SELL, please visit: http://pr.stockpickreport.com/GMH.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.
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