DALLAS, Feb. 25, 2000 (PRIMEZONE) - Infostock.com is a leading Internet-based Investment Newsletter specializing in educating investors who trade the most widely held stocks on Wall Street. From momentum plays, conservative position trading, long term holdings, and trading lessons, Infostock.com helps the investment community stay informed, focused, and ahead of the markets.
Investing in solid, well-rounded companies well ahead of their earnings release and special meetings has proven to be beneficial time after time for Infostock.com. Some of Infostock.com's past examples include entering Texas Instruments (NYSE:TXN) in mid January ahead of its earnings (Jan. 25) and DSP Webcast (Feb. 22). As of today's close, Texas Instruments has amassed a 57% gain ahead of both of these events with limited risk. Another widely held stock, Intel (Nasdaq:INTC), also made a similar move ahead of its earnings (Jan. 13) and Developer's Form (Feb. 15-17). To date, Intel has gained 27% since profiling the stock.
Looking forward, Infostock.com believes both Ariba (Nasdaq:ARBA) and Redback Networks (Nasdaq:RBAK) are two stocks that will likely be able to weather the selling we've been witnessing in the Dow Jones Industrials. Ariba will be holding their annual shareholder meeting on Monday, February 28th at 1:00 p.m. On the agenda at the annual, shareholders will be asked to approve an increase in the number of authorized shares for the company - meaning a possible stock split could be ahead for Ariba.
As for Redback Networks, a leading Net infrastructure company, the stock has been followed by Infostock.com since its debut on Wall Street. Strong gross margins coupled with increased profits have helped Redback Networks lead the Net Infrastructure sector to new heights over the past several weeks. We continue to feel Redback should be considered a core holding for any investor who would like to invest in this sector of the market.
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