BIRMINGHAM, Ala., Feb. 25, 2000 (PRIMEZONE) -- Equity picks featured in recent STOCKWINNERS.com Rumor Mill postings registered an average short-term gain of 27 percent.
STOCKWINNERS.com addressed the upward price potential of 54 publicly traded stocks, in rumor stories issued over the eight weeks ending February 24. About three-quarters of the selections generated double digit gains. On average, the entire group was up 27% in eleven days. All 54 picks involved stock purchases.
"Our rumors discuss conditions at companies in a variety of different industries," according to company spokesperson Faye F. Nia. "Three of our recent postings added more than 75 percent. Chemdex Corporation (Nasdaq:CMDX) jumped 103% in 31 days, Tibco Software (Nasdaq:TIBX) picked up 76% in 27 days and BEA Systems (Nasdaq:BEAS) rose 76% in 19 days."
"Over the past year, our rumors have anticipated seventy-four stock splits," said Nia. "Among the firms announcing most recently was Cisco Systems (Nasdaq:CSCO). On average, the announcements were made within twenty-six days of our postings. The stocks involved rose an average 62% by the time the splits were transacted. We have a number of split rumors still pending. All the names have been posted for our subscribers."
In addition to rumors, the service offers free audio/video financial news, real-time quotes, daily stock picks, daily option picks, pre-market/post-market prices and intra-day market alerts via E-mail. "We E-mail our alerts to subscribers throughout the trading day. They tend to involve early notification of momentum plays and help our people get in at the bottom. All 37 of the special alerts we issued over the past two months generated positive returns. On average, the group was up 21% in ten days," said Nia. Free two-week online trial subscriptions to the service are available at http://www.STOCKWINNERS.com. The company may be reached at 800/946-7143.