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$24.82 0.35 (1.43%)
5/16/2008 4:00 PM

Tele Norte Leste Participacoes SA (ADR) (TNE)

CAPS Rating:
*****

A telecommunication services provider, which offers communications product portfolio that includes traditional fixed-line, mobile, broadband, ISP and other services to residences, consumers, small, midsize and large business users and government entities.

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Avatar jmofield (66.49) Submitted: 5/04/08 1:57 PM : Outperform Start Price: $22.91 TNE Score: 5.48

This stock was selected based upon one of the stock screening criteria that I have developed using the Vector Vest software. All of the stock selctions that are included in my portfolio are from several different screening criteria using Vector Vest. These screening criteria search for stocks to invest for both both long and short positions.

This long stock trade was selected because it has recent shown price strength over the last several days but is trading below its 40 day moving average, below its115 day moving average, and above its 200 day moving average. Since it has shown recent strength, my taget price is for it to trade back to it's 50 day moving average with upside price target of approximately 5% above the 200 day moving average.

I reviewed other stocks in this industry sector and have current stock selections to include both long and short positions.

In reviewing this information, please remember this post just reflects my opinion and should not be used for anything other than for entertainment purposes relating to MSN's contest. You should use your own judgement and seek appropriate advice for any investments

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