Technology Stock Advisor Issues Sell Alert on Fastenal (FAST)

USA (SANEPR.com) September 18, 2008 -- Raleigh, N.C. The Technology Stock Advisor, an online newsletter about investing in technology stocks, issued a sell recommendation on Fastenal today.

The initial target price to buy the stock was set to buy below $36 per share, and the target price to sell was set at $55.

“Fastenal continues to be included in our active portfolio,” said Tom Vass, of Raleigh, N.C., the investment advisor to the online newsletter. “The stock was recently added to the S & P 500 Index,” said Vass, “and they currently rate it as one of their A stocks in terms of quality.”

Vass noted that the investment method that he follows emphasizes taking the gain when the stock hits the TSA Sell Target Price.

Fastenal Company, together with its subsidiaries, sells industrial and construction supplies. The company offers threaded fasteners, such as bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies, such as paints, various pins and machinery keys, concrete anchors, batteries, sealants, metal framing systems, wire ropes, struts, private-label stud anchors, rivets, and related accessories. These products are used in manufactured products and building projects, and in the maintenance and repair of machines and structures.

About The Technology Stock Advisor. The weekly newsletter offers detailed investment advice on technology stocks to buy, including the buy price and the sell price. The annual subscription price is $120. The newsletter is updated daily. www.technologystockadvisor.com