SHREVEPORT, La., Aug. 3, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net), rates Nokia Corp. Ads (NYSE:NOK), Network Appliance Inc. (Nasdaq:NTAP), Linear Technology Corp. (Nasdaq:LLTC), and Microsoft (Nasdaq:MSFT).
DonHarrold.net provides unbiased stock ratings from registered investment advisors. DonHarrold.net issues daily market commentary and features a member's area with detailed information on widely held stocks.
Important Stock rating Changes:
Nokia Corp. Ads (NYSE:NOK) DonHarrold.Net Rating: Slightly Oversold http://www.donharrold.net/ratings/US/NOK.php Network Appliance Inc. (Nasdaq:NTAP) DonHarrold.Net Rating: Oversold http://www.donharrold.net/ratings/US/NTAP.php Linear Technology Corp. (Nasdaq:LLTC) DonHarrold.Net Rating: Slightly Oversold http://www.donharrold.net/ratings/US/LLTC.php Microsoft (Nasdaq:MSFT) DonHarrold.net Rating: Slightly Overbought http://www.donharrold.net/ratings/US/MSFT.php
Nokia Ads (NYSE:NOK) closed recently at $19.56 with a volume of 62956 X 100. My current rating on NOK is "Slightly Oversold."
A "Slightly Oversold" stock is one that I think will probably move higher, yet the uptrend should be minimal at this point. If you hold the stock and are worried about a move lower, a "Slightly Oversold" could be an "early warning" of a slowing of any recent upward momentum.
The "Slightly Oversold" rating is tricky, though. There are mixed signals that at once show the stock is going higher still, but could stop the rise anytime. It's a signal that says, "Be ready for a change of character."
My least favorite ratings are the "Slightly Oversold" or "Slightly Overbought."
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