Making Adjustments

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With this alert I am making additional adjustments to the model portfolio before TheStreet.com Technology Report ends next Tuesday.

Because Cisco (CSCO:Nasdaq) is the only Three-rated name left in the portfolio, I am removing this position with shares recently trading at $19.82, for a 12% gain. (Three- rated positions are ones that are less than 20% undervalued and should be sold on strength.) ValuEngine rates Cisco a hold, and the stock is only 6.4% undervalued.

The remaining stocks in the model portfolio qualify to remain in a long-term technology portfolio, according to my screening guidelines. However, because I will no longer be sending you value and risky levels at which to add to these positions on weakness or reduce on strength after this service ends, I have decided to adjust these positions to one lot each.

-- I am reducing the position in EMC (EMC:NYSE) by 300 shares with the stock recently trading at $13.91.

-- I am reducing the position in Intel (INTC:Nasdaq) by 150 shares with the stock recently trading at $20.27.

-- I am reducing the position in Time Warner (TWX:NYSE) by 450 shares with the stock trading around $17.19.

I will be covering the other stocks in RealMoney columns, where I will update the profiles of the remaining seven tech stocks. Also, I am retaining the short position in the Nasdaq 100 Unit Trust (QQQQ:Nasdaq) based on my belief that the technology sector remains vulnerable to a price correction.

Regards,

Richard Suttmeier

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