SOURCE: Stock Traders Daily

May 11, 2005 08:29 ET

RNWK, KLAC, NVLS, AAPL: A Detailed Analysis

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Thomas Kee for Stock Traders Daily.

SAN FRANCISCO, CA -- (MARKET WIRE) -- May 11, 2005 -- Morning Report: Expect a moderately higher open but beware…

Published by: Stock Traders Daily (http://www.stocktradersdaily.com)

A moderately higher open is in line for the Markets on Wednesday thanks to relatively optimistic news from Cisco last night. Traders are not sold on a positive move in the Markets on Wednesday however.

Mid term support levels in the DOW and longer term support in the S&P remain clear, and in jeopardy of breaking. Identifying these support levels is critical to understanding the direction of the Markets in the coming days however. Make sure to read the trading analysis for the Markets (Available now by clicking here: www.stocktradersdaily.com).

RealNetworks Inc (NASDAQ: RNWK) is likely to be in play early on Wednesday for 2 important reasons. From a positive slant, RealNetworks has planned to acquire a small handheld video game maker which will allow them to begin to establish foothold in this segment. However, Yahoo has also announced plans to launch a new music service which would compete directly with Apple Computer Inc (NASDAQ: AAPL) and RealNetworks. Identifying technical channels in RealNetworks is very important today to understand Wall Street's interpretation of the future prospects of this company. Details about these channels are available now: www.stocktradersdaily.com.

Future bookings of semiconductor equipment orders were slightly higher than expectations but significantly off of the rate of growth just 1 quarter ago. Pay close attention to KLA Tencor, Novellus, and Applied Materials. Understanding the technical trading parameters for these companies is very important in understanding the probable direction of these stocks going forward. Please read our stock-analysis for KLA Tencor Corp (NASDAQ: KLAC), Novellus Systems Inc (NASDAQ: NVLS)and Applied Materials Inc closely. Details are available now at www.stocktradersdaily.com.

Details are available immediately on our Corporate Website:

http://www.stocktradersdaily.com

Thomas Kee, CRD number 2369405.

Stock Traders Daily, CRD number 111906.

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