COHASSET, Mass., Feb. 24, 2000 (PRIMEZONE) -- StockPickers.net (SPN) today announced that 88% of the selections from the company's Hot Stock Report over the last two months now have higher valuations than when they were profiled.
In addition, the company announced nine-month performance results for the online newsletter. SPN reports that the 37 weekly selections of the company's report over the last nine months are now higher in value by an average of 72%.
Examples include Digital Island (Nasdaq:ISLD), chosen in the 11/30/99 report, currently up by 333% in market value, Ariba (Nasdaq:ARBA), selected in the 8/11/99 report and now up by 373% in value, Powerwave Corporation (Nasdaq:PWAV), selected in the 7/28/99 report and now up by 299% in value, and Echelon Corporation (Nasdaq:ELON), just selected in the 1/12/00 report and now higher by more than 37%.
The company also announced:
-- 73% of all selections over the last 9 months now have higher values than when they were profiled -- 8 of the last 37 selections, or 22%, are now higher by over 200% in value -- The subscriber base of the Hot Stock Report has nearly doubled since November, 1999
The Hot Stock Report is a weekly online report the company provides to subscribers on a stock the firm believes will perform extraordinarily well within the 12-month period following the date of the report. SPN accepts no compensation of any form from the companies selected.
SPN targets The Hot Stock Report for a wide range of investors. The report has thousands of subscribers from around the world, and has readers that vary from new individual investors to executives at large investment institutions.
The Hot Stock Report is just $9.95 per month, with a two-week free trial period for new members.
People can learn more about the online newsletter and subscribe to receive instant access to the reports at: http://www.Stockpickers.net/hotstock.htm
StockPickers.net LLC is a Massachusetts company currently building the next generation investment community. The company's web site is located at: http://www.StockPickers.net