SOURCE: Market Pulse

June 04, 2007 09:15 ET

Market Pulse Announces Its Hot Stock Alerts for Monday, June 4, 2007: SGCP, ORCL, CMGI, NTAP

ATLANTA, GA--(Marketwire - June 4, 2007) - Market Pulse is pleased to introduce our featured stock, Sierra Gold Corporation (PINKSHEETS: SGCP), to the investment community! Sierra Gold is new to Market Pulse and is poised to become a significant player in the mining industry! SGCP has had several excellent news announcements out lately and one again before today's opening bell announcing the company commissioned geologist, Alieu Madhi, to do a report on the potential gold reserves of the Pampana North property! The report estimates the gold reserves to be just over 936,000 ounces! At $659.10 /ounce (May 31 second London fix price), the value of the gold reserves is $616,917,600! This could be great news for investors! Other notable stocks that should be closely watched due to existing fundamental and technical factors affecting each company include:

Oracle Corp. (NASDAQ: ORCL) : Market Outperform

CMGI Inc. (NASDAQ: CMGI) : Attractive

Network Appliance Inc. (NASDAQ: NTAP) : Bearish

Stock Pick Meanings

These stock picks are the investment opinions of MP's editor and reflect MP's belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective.

After Friday's Bell Market Commentary

On Friday, strength in the manufacturing sector lifted the markets to a higher close. The Institute of Supply Management said its May index of manufacturing activity rose to 55% from 54.7% in April. The Commerce Department reported that core consumer price inflation increased just 0.1% in April. The Labor Department reported that 157,000 jobs were created last month. Unemployment held steady at 4.5%. The dollar rose against other major currencies. Crude futures finished up $1.07 at $65.08 a barrel. Gold closed up $10.20 at $671.20 an ounce, a three-week high. The S&P 500 had its third record close in a row and the Dow Jones industrials pushed new highs. The Dow Jones Industrial Average closed up 40.47 points at 13,668.11, after setting an intraday record of 13,692. The Nasdaq Composite rose 9.40 points to 2,613.92. The S&P 500 rose 5.72 points to close at 1,536.34. The Russell 2000 added 6 points to 853.


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Information contained herein is the opinion of MP and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Sierra Gold Corporation compensation from a third party shareholder: four hundred fifty thousand free trading shares of stock in Sierra Gold Corporation already received from a third party shareholder. To date, MP has sold three hundred fifty thousand shares of stock in Sierra Gold Corporation for proceeds totaling forty nine thousand seven hundred fifty dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services.

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