M2 PRESSWIRE-28 July 1999-INDEPENDENT ANALYST'S REPORT: Stock-Reports.Net issues latest investment opinion from the Independent Analyst (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:280799

CHARLOTTESVILLE, Va. -- The following investment report was published today on the web at http://www.stock-reports.net/

Stocks bounce back on bargain hunting:

Bargain hunters came into the market, apparently believing that the recent sell off may have been over done. In addition, the Federal Reserve tried to calm the markets by announcing that the Chairman's remarks today will be the same as it was last week. The Federal Reserve announcement certainly cleared away some ...