Dallas, Texas, June 5, 2000 (PRIMEZONE) -- Investing in solid, well-rounded companies that have pulled back significantly off their highs has proven to be beneficial time after time for Infostock.com. Some of Infostock.com's past examples include entering Broadvision (Nasdaq:BVSN) during the recent pullback experienced in the Nasdaq. As of Friday's close, Broadvision had amassed a 45.7% gain since we re-profiled the stock as our Play of the Week.
Another widely held stock, Cisco Systems (Nasdaq:CSCO), was featured when it tested its 200-Day Moving Average back on May 22nd, 23rd, and 24th. As we have seen with many well-known companies, buying a stock with a sound earnings story behind it when it is trading at its 200-DMA has always proven to be a profitable decision by investors who invest for the long haul. Since the re-test of the 200-DMA in Cisco Systems, the stock has rebounded over 27%.
Looking forward, Infostock.com believes both Aspect Development (Nasdaq:ASDV) and i2 Technologies (Nasdaq:ITWO) are two stocks that will be able to continue their moves higher over the short term. On Thursday, June 8th, shareholders of i2 Technologies will be holding a special meeting regarding the Aspect Development merger, which was previously announced on March 13th. Both companies have already received FTC and SEC approval back on May 3rd, and the next step in order to complete the merger will be for shareholders to vote on the proposed acquisition.
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More quotes and news:
* I2 Technologies (Nasdaq:ITWO) * Aspect Development (Nasdaq:ASDV) * Broadvision (Nasdaq:BVSN) * Cisco Systems (Nasdaq:CSCO)