(COMTEX) B: Internet Stock News Announces Investment Opinion & Adds I
B: Internet Stock News Announces Investment Opinion & Adds
Information-Highway.com Inc. To Its ''Ones to Watch in 1999'' Internet
Companies
SAN DIEGO, Jul 2, 1999 (BUSINESS WIRE via COMTEX) -- Internet Stock
News (ISN), internetstocknews.com, announced today
aninvestment opinion to notify analysts, brokers, market makers,
institutional and retail investors, as well as media representatives
that it had added Information-Highway.com Inc.,(OTCBB:IHWY) a leading
Internet Service Provider & Web Portal Developer, to its "Ones to Watch
in 1999" group of Internet companies.
The group, which was chosen by the editors of Internet Stock News, to
be leaders in their respective Internet sectors, is currently up 210%
since the beginning of 1999 and includes Excite@Home (Nasdaq: ATHM),
CMGI (Nasdaq:CMGI), DoubleClick (Nasdaq:DCLK), E-Trade (Nasdaq:EGRP),
mPhase Technologies (OTCBB:XDSL), SportsLine USA (Nasdaq:SPLN), and
Starnet Communications (SNMM).
The Internet Stock News report on Information-Highway.com as sent out
to institutional and retail investors Thursday evening is as follows:
In our recent trip to Canada, one observation we made about the
Canadian ISP sector was that the sector has yet to diversify into a
group of clear leaders and laggards. We met up with Internet Direct,
the largest independent ISP in Canada, and Information-Highway.com and
were very impressed by both. Internet Direct is currently only traded
on the Vancouver Stock Exchange under the symbol IDX (Vancouver:
idx.v), but expects a Nasdaq listing soon. Information-Highway.com, on
the other hand, shares the same goals of a Nasdaq listing in the future
but is already quoted through the OTC Bulletin Board under the symbol
IHWY.
We have always viewed the Internet Access business as a way to build
market share. Once an ISP generates a new subscriber, they can generate
far more revenue from marketing portal services, e-commerce, and
Internet-based telephone calls to their subscriber than from merely
charging the individual monthly $19.95 dial-up charges. In the
long-term, large aggressive virtual ISP's like America Online (NYSE:
AOL), Mindspring (Nasdaq: MSPG), or Earthlink (Nasdaq: ELNK) which
control their users' viewing of content can possibly become a virtual
conglomeration of your local cable company, Internet access company, TV
broadcast networks, and phone company if they build a significant
amount of market share.
This is Information-Highway.com's goal. Keep in mind that this is not
an easy goal to achieve. The company will need to flawlessly integrate
voice-over-IP telephony into a portal system which contains a wealth of
pages from which they generate advertising. In addition, the company
will have to partner with brand-name e-tailers and provide proprietary
content in order to fulfill a user's every need.
In our last trip to the company's headquarters in Richmond, we were
given a feel for the company's direction and were impressed by their
recent actions toward achieving their goals. Operated as a group of
ISP's in Canada and virtual ISP's in the United States, the company
showed us their plans for building new portal sites to be launched
within the upcoming months as well as IP Telephony marketing plans in
order to market their portal division. Information-Highway.com also
shared with us plans to expand their portal division significantly with
the addition of data-feeds and new content on theirExecutiveClub Web
sites.
We tested Information-Highway.com's IP Telephony system and were
excited to find it working flawlessly. Information-Highway.com plans to
use its IP Telephony technology as a marketing tool to generate more
portal users to build market share. With the company's recent
partnerships with broadcast.com (Nasdaq:BCST) and Level 3
Communications (Nasdaq:LVLT), it seems that Information-Highway.com may
finally be positioned to take advantage of the U.S.-based Virtual ISP
market.
The company now has virtual ISP's in Dallas, Houston and Seattle as
well as traditional ISP's in Richmond and Toronto. They are also
planning to launch portal sites in these cities and roll out Virtual
ISP service as well as portal sites in cities and states including
Philadelphia, Boston, Los Angeles, San Diego, San Jose, New York,
Chicago, Orlando, Detroit, Washington, D.C., Atlanta, Baltimore, Denver
and Miami before the end of 1999.
As the company expects to raise capital for virtual ISP expansion as
well as for ISP acquisitions in the near future, we would not be
surprised to see Information-Highway.com to meet their goals.
Related Internet Service Providers, Web Portal Developers, and IP
Telephony companies include StarMedia (Nasdaq: STRM), Ask Jeeves
(Nasdaq: ASKJ), Yahoo (Nasdaq: YHOO), Lycos (Nasdaq: LCOS), Go2net
(Nasdaq: GNET), NetSpeak (Nasdaq: NSPK), PSINet (Nasdaq: PSIX),
Vocaltec (Nasdaq: VOCL), Verio (Nasdaq: VRIO) QuePasa.com (Nasdaq:
PASA), Goto.com (Nasdaq: GOTO), and Qwest Communications (Nasdaq:
QWST).
If you are an institutional or retail investor, we invite you to find
out more about Information-Highway.com by visiting the
Information-Highway.com Web site, information-highway.com,
Information-Highway.com's Executive Clubportal,
theexecutive.com, as well as our profile of the company on our
InternetStockNews.com Web site (http://www.internetstocknews.com).
Media representatives are invited to schedule company interviews by
calling 800/997-3323.
Interested readers may subscribe to Internet Stock News for FREE by
sending e-mail to join-isnweekly@earth.lyris.net or by visiting
internetstocknews.com . We suggest that you bookmark the
InternetStockNews.com Web site for future access.
About Internet Stock News:
Internet Stock News (ISN) is one of the most well-known and widely
read free Internet investment publications with over 80,000 readers
worldwide. ISN provides items such as Free Real Time Quotes,
Independent Analysis & Commentary about Internet Stocks, and Access to
Internet Initial Public Offerings at internetstocknews.com.
Internet Stock News is published by IP Equity Inc., an
Internet-targeted investment firm.
Disclaimer:
This Internet Stock News press release contains independent
commentary about Internet stocks. This service is provided by Internet
Stock News which is a Web-based media entity. Pursuant to SEC
disclosure requirements, the editors, employees, and directors of
Internet Stock News and IP Equity Inc., the publisher of Internet Stock
News, are believed to hold no more than two hundred thousand shares of
Information-Highway.com as a whole. In addition, IPEquity has been
compensated with no more than three hundred, four thousand dollars for
providing financial services for Information-Highway.com.
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